An operating room is a facility within a hospital, clinic and ambulatory surgical centers where surgical operations are performed in an aseptic environment. An integrated operating rooms are designed to streamline and simplify the OR by consolidating data, access to video, and management for all devices at a central command station, which allow surgeons to perform many of their tasks efficiently without requiring to move around the OR. Nowadays, the benefit of integrated OR often extends beyond the traditional operating room as operating room integration supports and connects teams, processes and information across the operative workflow.
Global integrated operating room market has been witnessing ample growth from the past few years. The growth of the market is primarily driven by factors such as a surge in the demand and adoption of minimally invasive surgical procedures, increasing renovation activities of operating rooms, rising funding and investment in the hospital redevelopment projects, and increased demand to limit healthcare costs. Besides, integrated operating rooms provides major benefits such as improved efficiency, reduced manpower, enhanced safety, reduced traffic, less surgical time procedure, and improved workflows, which are making more demand for operating room integration across the globe. However, significant establishment and operational costs and shortage of skilled surgeons for or management are some of the major restraining factors that could hamper the market growth.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the integrated operating room market. In addition, complete analysis of changes on integrated operating room market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The COVID-19 pandemic has affected the global integrated operating room market and manufacturers on a slight negative level in the early pandemic period. This is owing to the delay and rescheduling of the planned surgeries during pandemic period.
The study analyses global integrated operating room market based on devices, component, application, end user and geography.
Various devices such as audio video management systems, display systems, and documentation management systems are analyzed in the global integrated operating room market. Documentation management systems segment dominated the market in 2020 and is likely to maintain its dominance at a significant growth rate during the forecast period. Documentation management systems are used to manage, track, and store documents, which results in the reduction of paper procedures. Increased demand for user-friendly document management systems is key factor that attributed to the segment growth. In addition, a growing demand for operating room environment that requires focus, efficiency, communication and expertise is further expected to improve growth of the segment.
Based on component, the global integrated operating room market is segmented into software and services. Software segment followed by services is accounted for the largest market share of the component segment in 2020. The primary factor behind the segment growth is increasing introduction of software solutions required for the integrated operating room devices such as documentation management systems, audio video management systems and many others. In addition, these software provide reliable and efficient management of multiple operating rooms and facilities, which is further making them more demandable in the global market.
Major applications covered in the global integrated operating room market are general surgery, orthopedic surgery, cardiovascular surgery, neurosurgery, thoracic surgery and other applications. General surgery segment is accounted for the largest market share in 2020 and is likely to witness rapid growth in the coming years. Increasing number of general surgeries performed per years, surged adoption of general surgical devices and rising preference for computer-assisted general surgeries are some of the major factors that accredited to the segment growth.
Major end users of the global integrated operating room market are hospitals and ambulatory surgery centers & clinics. Hospitals segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period. The primary factors impelling the segment growth are technological advancements in medical software and imaging systems that use in hospitals. Besides, growing usage of imaging equipment and increasing volume of surgeries performed in the hospitals across the globe is also propelling the segment growth.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. North America held the largest market share of global integrated operating room market and is likely to dominate the market over the estimated time frame. The market here is anticipated to grow at a high growth rate during the forecast period. This is owing to increase in number of surgical procedures, rising patient preference towards minimally invasive surgeries, and patient safety concerns in operating room. Additionally, several benefits of integrated operating rooms such as minimized manpower, maximized efficiency, less surgical time procedure, and managed patient surgical records fuel the growth of the market.
The major key players of market includes Stryker Corporation (United States) , Alvo Medical (Poland), Arthrex, Inc.(United States) , Barco (Belgium), Brainlab AG(Germany) , Caresyntax (Boston), Getinge AB (Sweden) , Karl Storz Se & Co. Kg (Germany) , Merivaara Corporation (Finland) , Olympus Corporation (Japan) , Richard Wolf GmbH (Germany) , Skytron(United States) , SONY Corporation (Japan) , Steris PLC (United States) and Trilux Medical GmbH & Co. KG (A Subsidiary of Mizuho OSI) (Germany) among others.
April 2021: Barco had announced the partnership with Sigma- Jones for the next generation operating room video integration solution Nexxis. The Barco Company leverages the Nexxis, its video over IP platform for digital integration in operating room to deliver precise imagery, efficient workflow and maximize flexibility across the increasingly complex Operating room procedure globally. The Sigma Jones’ Indian partnership with the Barco Company will be the outcome of positive feedback that Sigma Jones Company had received on Barco Nexxis from many satisfied end user and solid experience from an integrator point of view.
March 2021: Brainlab had announced the acquisition of Mint Medical GmbH which is Heidelberg based company that develops the image reading and reporting software for clinical routine and research. The acquisition underscores the Brainlab commitment to digital health and improve the structured diagnosis, analysis and treatment of cancer and other disease to address the demand of modern medicine and personalized treatment.
April 2019: Caresyntax had announced the strategic partnership with Barco Healthcare to accelerate both the development and delivery of company’s surgical intelligence technologies worldwide. Along with the Barco, the Caresyntax Company aims to make surgery smarter and safer by delivering the full integrated and automated surgical ecosystem across global scale.
September 2018: KARL STORZ had launch new space saving and highly flexible system that seamlessly integrates into the OR infrastructure. The OR1 Inwall solution is the new solution which supports the ergonomic workplace and design. The optional, modular concept accommodate the Nurse Workstation and a large monitor which provides an enclosure for necessary OR integration component for A/V management, communication, OR control and documentation in one innovative solution.
The study analyses global integrated operating room market based on devices, component, application, end user and geography. Various devices such as audio video management systems, display systems, and documentation management systems are analyzed in the global integrated operating room market. The documentation management systems segment is likely to dominate the market over the forecast period. Increased adoption of documentation management systems operating rooms owing to its several benefits is attributed to the market growth. Based on component, the global integrated operating room market is segmented into software and services. Major applications covered in the global integrated operating room market are general surgery, orthopedic surgery, cardiovascular surgery, neurosurgery, thoracic surgery and other applications. The general surgery segment is likely to register fastest growth in years to come. Major end users of the global integrated operating room market are hospitals and ambulatory surgery centers & clinics. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World.
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