Operating Room Integration Market (By Component: Software, Services; By Device Type: Audio Video Management System Forceps, Display System, Documentation Management System; By Application: General Surgery, Orthopedic Surgery, Neurosurgery, Others; By End-use: Hospitals, Ambulatory Surgical Centers (ASCs)) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

The global operating room integration market size is expected to be worth around US$ 6.5 billion by 2030, according to a new report by Vision Research Reports.

The global operating room integration market size was valued at US$ 3.5 billion in 2020 and is anticipated to grow at a CAGR of 12.3% during forecast period 2021 to 2030.

Report Coverage

Report Scope	Details
Market Size	USD 6.5 billion by 2030
Growth Rate	CAGR of 12.3% From 2021 to 2030
Base Year	2021
Forecast Period	2021 to 2030
Segments Covered	Component, Device type, Application, End-use
Regional Scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned	Stryker; Braiblab AG; Barco; Dragerwerk AG & Co. KGaA; Steris; KARL STORZ SE & CO. KG; Getinge AB; Olympus; Care Syntax; Trilux Medical GmbH& Co.KG

Growth Factors

 Increasing redevelopment projects and the adoption of advanced healthcare IT solutions in hospitals is a major factor boosting market growth. Operating Rooms (OR) are increasingly becoming complex and congested due to the requirement of devices during surgeries such as surgical lights, operating tables, and surgical displays. Integrated Operating Rooms (I-ORs) is becoming a solution for this complexity in ORs.

Though digitization was now high on the agendas of most companies, the COVID-19 pandemic speeded up the paradigm shift towards digitization in 2020. Besides, the trend towards digital ORs was also quickened up by the pandemic. Thus, the COVID-19 crisis created new opportunities to innovate and new ways to create value in the evolving healthcare world.

By Component Analysis

The software segment dominated the market and accounted for the largest revenue share of over 50.0% as of 2020, owing to various benefits associated with its use. These integrated software solutions offer seamless communication within various systems operational in OR to streamline surgical workflows and ensure ease of use and effective operation.

companies are also marking their presence in the market for operating room integration by adopting attainment strategies to broaden their portfolio in the operating room integration space. 

By Device Type Analysis

The documentation management systems segment accounted for the largest revenue share of over 36.0% in 2020 owing to its wide applications in ORs. This system helps in managing all the records from various sources and presents them on a single platform to help surgeons with patients’ history and other necessary information during the surgery.

Operating rooms are increasingly becoming complex and congested with the inclusion of a variety of equipment such as surgical lights, operating tables, and surgical displays. In basic ORs, individual devices are arranged which are pulled or pushed back according to their use, cords and cables are spread all over the room.

By Application Type Analysis

The general surgery segment dominated the market and accounted for the largest revenue share of more than 35.0% in 2020. The increasing number of hospitals adopting MIS technology coupled with the rising number of chronic illnesses and requires surgical procedures is further fueling the market growth.

The rising number of surgical interventions with the high number of MIS being carried out due to its several benefits such as reduced hospital stay, less painful features, and high focus on patient safety in OR are driving the demand. As this technology continues to grow along with telemedicine and robotic surgery become more common healthcare services, the I-ORs are expected to become an industry-standard in the coming years.

By End-use Analysis

The hospital segment dominated the market and accounted for the largest revenue share of over 64.0% in 2020. This growth is owing to the high penetration of integrated ORs. With the large patient population being exposed to chronic diseases there is a need for I-ORs to reduce the burden on physicians and complexity so that they can efficiently manage their surgical workflow. 

The ambulatory surgical center segment is expected to witness an exponential growth rate in the market over the forecast period. Ambulatory surgery is being increasingly performed in developed countries. The shortage of beds in hospitals and scarce economic resources are expected to boost the growth of this segment.

By Regional Analysis

North America dominated the global market and led for the largest revenue share of over 46.0% in 2020. Dominance can be attributed to the increasing demand for surgical automation. Major factors attributed to the market growth are the rise in demand for efficient healthcare services, an increase in the need to reduce healthcare expenditure, and effective EHR implementation by healthcare organizations.

In the Asia Pacific, the market is anticipated to witness the highest CAGR over the forecast period. The market is driven by a rising pool of patient populations suffering from chronic disorders that require surgical interventions, increasing demand for sophisticated medical devices in hospitals, a rising number of MIS procedures, and rapidly improving healthcare infrastructure.

Key Players

• Stryker

• Brainlab AG

• Barco

• Dragerwerk AG & Co. KGaA

• Steris

• KARL STORZ SE & CO. KG

• Getinge AB

• Olympus

• Care Syntax

• Trilux Medical GmbH& Co.KG 

Market Segmentation

• By Component

  • Software

  • Services

• By Device Type 

  • Audio Video Management System Forceps

  • Display System

  • Documentation Management System

• By Application

  • General Surgery 

  • Orthopedic Surgery

  • Neurosurgery

  • Others 

• By End-use

  • Hospitals

  • Ambulatory Surgical Centers (ASCs)

• Regional

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • Singapore

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • South Africa

    • UAE

The Operating Room Integration market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Operating Room Integration market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Operating Room Integration market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Operating Room Integration market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Operating Room Integration market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Operating Room Integration capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Operating Room Integration by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Operating Room Integration market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Operating Room Integration market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Operating Room Integration market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Operating Room Integration industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Operating Room Integration market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Operating Room Integration market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Operating Room Integration market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Operating Room Integration market. These factors have benefited the growth of the global market for Operating Room Integration. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Operating Room Integration. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Operating Room Integration are as follows:

• History Year: 2017-2020

• Base Year: 2021

• Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.