PRESS RELEASE
Published July 26, 2023
The Global Operating Room Integration Market is expected to generate $2.1 billion in revenue in 2023 and $3.7 billion by 2030, with a compound annual growth rate (CAGR) of 12.1% from 2023 to 2030. The new market research report includes an examination of industry trends, pricing, patents, conference and webinar materials, important stakeholders, and purchasing behaviour. The trend in the healthcare business towards predictable outcomes and enhanced care quality has resulted in a greater use of various IT systems in healthcare organisations. OR integration provides several advantages, including streamlined workflow, improved communication, real-time data visualisation, device control and automation, structured documentation, multimedia capture and storage, EHR integration, patient safety, education and research support, and cost savings.
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The rising need for cutting-edge technical solutions is one of the main factors influencing market expansion. Because modern technologies like image guiding and endoscopic equipment are frequently employed in minimally invasive operations, OR integration solutions are particularly well-suited for these procedures. By enabling seamless connection between many devices and enabling their efficient operation from a single source, OR integration improves surgical workflows. For instance, the ENDOALPHA product line from Olympus Corporation offers solutions for the simultaneous control of several device settings, reducing surgery timelines, enhancing patient safety, and improving provider coordination. OR integration is vital in minimally invasive operations due to the advantages of quicker patient recovery and shorter hospital stays.
Key growth factors in Operating Room Integration Market
- Technological Advancements: Advancements in technology have driven the growth of the operating room integration market. Integration solutions now offer advanced features such as touch-screen control panels, high-definition displays, and seamless connectivity with various medical devices.
- Demand for Enhanced Efficiency: Operating room integration solutions streamline workflows and improve overall efficiency in surgical procedures. Integration of medical devices, patient data, and surgical planning software enables healthcare providers to access real-time information and make informed decisions during surgeries.
- Improved Patient Outcomes: Operating room integration solutions contribute to improved patient outcomes by reducing surgical errors, enabling real-time data monitoring, and enhancing communication among surgical teams. These benefits lead to safer and more successful surgical procedures.
- Rising Number of Minimally Invasive Surgeries: The growing popularity of minimally invasive surgical procedures has increased the demand for operating room integration solutions. These solutions facilitate the integration of imaging and visualization tools, enabling precise navigation during minimally invasive surgeries.
- Focus on Digitalization in Healthcare: The healthcare industry’s increasing focus on digitalization and the adoption of advanced technologies has accelerated the demand for integrated operating room solutions. Integrated ORs offer a digital and connected environment for seamless data exchange and enhanced clinical decision-making.
- Growing Use of Big Data and Analytics: Operating room integration solutions are incorporating big data and analytics capabilities to analyze surgical data and identify patterns that can lead to better surgical outcomes, improved resource utilization, and enhanced patient care.
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Major Classifications are as follows:
By Component
• Introduction
• Software
• Services
By Device Type
• Introduction
• Display systems
• Document Management systems
• Audio & Video Management systems
• Other OR Integration devices
By Application
• Introduction
• General Surgery
• Orthopedic Surgery
• Cardiovascular Surgery
• Neurosurgery
• Thoracic Surgery
• Other Applications
By End User
• Introduction
• Hospitals
• Ambulatory Surgical Centers and Clinics
By Region
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest Of Europe
• Asia Pacific
o Japan
o China
o India
o Rest of APAC
• Latin America
o Brazil
o Mexico
o Rest of LATAM
• Middle East & Africa
Key Players
Stryker Corporation (US), STERIS Plc (US), Karl Storz SE & Co. KG (Germany), Olympus Corporation (Japan), Getinge AB (Sweden).
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Key Questions Addressed by the Report
• What are the growth opportunities in the Operating Room Integration Market?
• What are the major raw materials used for manufacturing Operating Room Integration Market?
• What are the key factors affecting market dynamics?
• What are some of the significant challenges and restraints that the industry faces?
• Which are the key players operating in the market, and what initiatives have they undertaken over the past few years
Operating Room Integration Market Frequently Asked Questions (FAQs):
- What is integration in the operating room?
- What are the 3 types of operating rooms?
- What are the key components of an integrated operating room?
- What are the benefits of Operating Room Integration?
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