Operating Room Integration Systems Industry Trends, Revenue, Key Players, Growth, Share and Forecast Till 2027

The global Operating Room Integration Systems Market is expected to reach USD 3,104.4 Million by 2027, according to a new report by Emergen Research. The growing worldwide need for customized medication and a rise in innovative technologies for healthcare in hospitals are driving the market growth. Operating rooms (OR) are becoming increasingly complex and congested due to the growing need for devices during operations, such as surgical lights, producing tables, and surgical displays.

Many Minimally Invasive Surgeries (MIS), such as TAVR, EAR, and laparoscopic procedures are conducted in advanced OR. Increasing customer demand for MIS is fuelling the market demand for integration systems. MIS involves robotic surgery and laparoscopic surgery and has a wide variety of medical applications. Furthermore, hospitals have shifted their focus on integration of sophisticated MIS techniques for chronic illness diagnosis. The choice is due to the benefits of this technique, such as lower postoperative complication rates, reduced hospital stay, less discomfort, and rapid recovery time. It also has a high accuracy performance in contrast with conventional open surgery. The above factors are projected to boost the demand for operating room integration systems in the forecast period.

Operating Room Integration Systems Market Size – USD 1,313.6 Million in 2019, Operating Room Integration Systems Market Growth - CAGR of 11.3%, Operating Room Integration Systems Industry Trends – High demand from developing nations

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Market Scope:

One of the report’s central components is the Operating Room Integration Systems market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Operating Room Integration Systems market players.

Competitive Terrain:

The Global Operating Room Integration Systems Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:

Key participants include Koninklijke Philips NV, Creative Health Tech Pvt. Ltd., Universal Robots, Yaskawa, KUKA, Techman Robot, Precise Automation, ABB, Rethink Robotics, and Hillrom Services Inc., among others.

Emergen Research has segmented the global Operating Room Integration Systems Market on the basis of device type, end-use, application, and region:

Device Type Outlook (Revenue, USD Billion; 2017-2027)

Audio Video Management System
Display System
Documentation Management System

End-Use Outlook (Revenue, USD Billion; 2017-2027)

Hospitals
Ambulatory Surgical Centers (ASCs)
Others

Application Outlook (Revenue, USD Billion; 2017-2027)

General Surgery
Orthopedic Surgery
Neurosurgery
Others

Regional Analysis of the Market:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Some Key Highlights from the Report

By device type, the audio-video management systems of integration systems accounted for a revenue of USD 0.42 billion in 2019. These projected to rise with a CAGR of 11.4% in the forecast period; due to the increasing risk of breaking or pulling the essential cord during surgery or damage to any equipment, there is a high demand for MIS attributable to its associated advantages such as healthcare facilities.
North America dominated the market for Operating Room Integration Systems in 2019, attributable to the growing demand for surgical automation contributing to the growth of the regional market are increasing demand for affordable healthcare facilities, increasing the need to minimize healthcare spending, and the successful integration of EHR by healthcare organizations. The North America region held approximately 43.9% of the market share, followed by Europe, which held around 25.1% market share in the year 2019.

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The Operating Room Integration Systems Market report also includes an investment analysis and growth trend analysis to help readers maximize their return on investment. It highlights the growth opportunities existing in the global Operating Room Integration Systems market segments. It offers an extensive investigation of the import-export status and the rates of production and consumption. The Operating Room Integration Systems Market report also provides some of the essential market aspects to draw a forecast for the coming years based on the information derived as part of the historical analysis and an analysis of the current market scenario.

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