Global Operating Room Integration Market 2016-2020

This market research report presents a detailed segmentation of the global operating room integration market by application (high-definition (HD) display system, audio and video management system, and recording and documentation system). It provides a market share analysis and projections of the key regions, including the Americas, APAC, and EMEA. The key vendors analyzed in this report are Stryker, Karl Storz, Steris, Image Stream, and Olympus.

Market outlook of the operating room integration systems

Technavio’s research analyst predicts the global operating room integration market to grow at a CAGR of around 15% during the forecast period. The rising demand for efficient and advanced integrated operating systems is driving the growth of this market. The integrated OR suites have the ability to control devices and maintain patient’s information through a centralized control unit. These systems provide an ergonomic workspace that increases the efficiency of the operating room. Moreover, it drives the revenue growth of the hospitals as they help the surgeons and nurses to perform more procedures per day.

The expanding sales in the emerging markets such as APAC are expected to contribute to the market growth during this forecast period. For instance, Olympus, a leading vendor, has established centers for training inexperienced endoscopists in Shanghai and Beijing.  It is also using these training centers to spread knowledge about minimally invasive treatment, early diagnosis, and other procedures.

Operating room integration market by product segmentation 

• High definition (HD) display system
• Audio and video management system
• Recording and documentation system

High definition display system accounted for around 55% of the market share during 2015. The increasing demand for advanced technology for micro-surgery is anticipated to drive the sales of HD monitors during the forecast period.

Integrated operating room based on geography

• Americas
• APAC
• EMEA

The Americas led the global market during 2015, accounting for a market share of around 60%.  The US is the largest market in this region. Integration systems have become a standard in most of the hospitals in the US and are also being adopted rapidly by medical universities. The region is also witnessing increased funding, which is expected to boost the growth of the market. For instance, during 2002, the University of Maryland Medical Center granted around US $3 million in Congressional Special Interest funding for the development of ORs.

Operating room video integration: Competitive landscape and key vendors

The global operating room integration systems market is expected to have immense potential for growth during the forecast period due to the increase in the number and complexity of surgical procedures being performed worldwide. There is a high competition among the leading vendors to increase their market share with weak competition from other vendors.

The leading vendors in the integrated operating rooms market

• Stryker
• Karl Storz
• Steris
• Olympus

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global operating room integration market?
• What are the key market trends impacting the growth of the operating room integration market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global operating room integration system?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the operating room integration market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

• Global Operating Room Equipment Market 2014-2018
• Global Operating Tables Market 2012-2016