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.
Increasing adoption of minimally invasive surgical procedures is likely to fuel the market for integrated operating rooms in the United States over the forecast period. Increasing number of surgeries such as cardiac, neurosurgery and orthopedic surgeries across the country is further boosting the market growth. For instance, according to Surveillance, Epidemiology, and End Results program of the National Cancer Institute of the US estimates, in 2018, the rate of new cases of brain and other nervous system cancer was 6.4 per 100,000 women and men per year. Moreover, according to a report published by American Academy of Orthopedic Surgeons, about 6.8 million patients with orthopedic injuries come to medical attention each year in the U.S. alone.
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 United States economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The COVID-19 pandemic has affected the United States 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 United States integrated operating room market based on devices, component, application, and end user.
Various devices such as audio video management systems, display systems, and documentation management systems are analyzed in the United States 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. High adoption of documentation management systems as it offer greater security and compliance and faster processing with minimum errors is attributed to the segment growth.
Based on component, the United States 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. Increasing demand for integrated operating room software as it improve workflows by putting the clinical data that surgeons require in the OR and enable OR staff to remotely collaborate with peers over videoconferencing during surgical procedures.
Major applications covered in the United States 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. On the other side, orthopedic surgery followed by cardiovascular surgery segment accounted for second and third largest market share. Rising patient base related to cardiovascular surgeries across the country is propelling the growth of the market. For instance, according to Centre for Disease Control and Prevention (CDC), in the country, one person dies from cardiovascular disease every 36 seconds. Heart disease claims the lives of about 655,000 Americans per year, accounting for one out of every four deaths.
Major end users of the United States 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. However, ambulatory surgery centers & clinics segment also witnessing rapid growth. Increasing number of hospitals and ambulatory surgery centers across the country is accredited to the segment growth. For instance, according to the American Hospital Association, in 2019, the total number of all US hospitals was 6,090. And the number is likely to increase year by year owing to the rising healthcare spending and increasing arrival of infectious diseases such as coronavirus.
The major key players of market includes Stryker Corporation (United States) , Arthrex, Inc.(United States) , Barco (Belgium), Brainlab AG (Germany) , Getinge AB (Sweden) , Karl Storz Se & Co. Kg (Germany) , Olympus Corporation (Japan) , Richard Wolf GmbH (Germany) , Skytron (United States) , SONY Corporation (Japan) , and Steris PLC (United States) among others.
June 2021: Getinge AB had introduce the Torin Artificial Intelligence (AI) in United States. It is functionality which is designed to improve efficiency in managing schedules for surgical procedure and ideally comes in new Getinge survey. The new capabilities is available with Torin which are designed for hospital and surgery centers to address the many area that are major challenges including accurate assessment of surgery times, scheduling and wait list management, application of mobile devices and data security requirement based on their specific pre- requisites.
December 2019: Caresyntax had acquired the Syus which is one of global company in operating room operation and cost analytics. The acquisition will extend the company’s footprint to more than 7,000 operating rooms including over 1,100 in United States, and also will enhance the company’s capabilities in AI and use of real world evidence with addition of data from over 9 million surgical cases.
October 2017: Arthrex had announced the plan to build a state of art surgical device and implant manufacturing facility in Anderson country, South Carolina. The construction has investment of $30 million, 200,000 square foot facility is scheduled to begin in first quarter of 2018 with completion by early 2019. It investment is the part of company’s global expansion plan to support the growth and development of new and innovative products that helps surgeons treating their patients better.
The study analyses United States integrated operating room market based on devices, component, application, end user and country. Various devices such as audio video management systems, display systems, and documentation management systems are analyzed in the United States 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 United States integrated operating room market is segmented into software and services. Major applications covered in the United States 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 United States integrated operating room market are hospitals and ambulatory surgery centers & clinics.
Why to buy this report: