Asia-Pacific Integrated Operating Room Systems Market Research Report, by Device (Operating Tables type, Operating Room Lights), Surgical Application (Therapeutics and Diagnostics Imaging), Type (Procedure Scheduling System) – Global Forecast Till 2027
Market Insight
The global integrated operating room management systems market is projected to attain revenues at the USD 1,522 million by 2023, asserts Market Research Future (MRFR). The market is set to forge ahead at a CAGR of 10% during the forecast period till 2023.
Healthcare sector is witnessing whistle-stop advancements that have increased the efficiency and precision of every conceivable aspect of healthcare service delivery. The global integrated operating room management systems market is spreading at a higher rate, backing with some exceptional factors throughout the assessment period.
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Market Drivers & Trends
The boost in need for improving the efficiency of operating rooms is raising the success rate of surgeries, which is prompting the global integrated operating room management systems market to expand. More factor, such as the rapid expansion of the healthcare sector has also resulted in the efficiency of several medical processes, which is yet another important driver of the market.
As operating room integration systems offer consolidation of large volumes of data which allows control from a central command station, which is increasing efficiency in the operating room. Therefore, the increasing need for improving the efficiency of operating rooms have bolstered the market growth remarkably over the years. Along with this, the success rate of surgeries is also in the same line of motivation, which is leading to the expansion of the integrated operating room management systems market during the forecast period.
On the other hand, factors such as the advancement of medical technology have also resulted in the rapid development of advanced diagnostic and therapeutic technology, which is making operating rooms more extensive. Furthermore, the increasing prevalence of various diseases and medical condition owing to the growth of the global population is significantly driving market growth. In addition, changing lifestyles have also led the significant increase in the number of surgeries, which is probable to foster the market growth in the approaching years.
Market Segmentation
The integrated operating room management systems market has been segmented, in MRFR's report based on the device, surgical application, and type.
In terms of devices: it includes operating tables, operating room lights, operating room communication systems, intraoperative diagnostic devices, and others. Among them, the operating tables segment has the largest share of the market and is expected to proliferate at a CAGR of 10.3% during the assessment period.
In terms of surgical applications: it includes therapeutics and diagnostics imaging. This segment is also likely to inflate at the fastest pace over the forecast period.
Types segment of integrated operating room systems includes recording & documentation system, operating room & procedure scheduling system, anesthesia information management, audio & video management system, instrument tracking system, and operating room inventory management system.
Detailed Regional Outlook
Geographically, the global integrated operating room management systems market study is done under crucial regions of the Americas, Europe, Asia Pacific, and the Middle East and Africa.
Among these regions, the Americas has the most significant share of the market and is projected growth is likely to keep it in a leadership position during the forecast period. The region’s market share is due to the increase in preference for surgical and minimally invasive procedures. The region has developed economies such as Canada and the U.S where the healthcare sector is well developed and has early adoption of advanced medical technologies. Increasing applications of integrated operating rooms drive the market.
The Asia Pacific is sure to grow at the highest CAGR of 12.3% during the review period. The region is experiencing rapid growth of the healthcare sector, and a lot of healthcare reforms are taking place. The major countries in the region are also experiencing rapid economic development, which has led to an increased demand for efficiency. Also, increasingly favorable reimbursements and rapidly growing medical tourism have resulted in amplified adoption of integrated operating room systems.
Key Players
Market Research Future has included an additional list of leading market players who are involved are KARL STORZ GmbH & Co. KG, Cook Medical, Steris plc, Johnson & Johnson Services Inc, Canon Inc., GE Healthcare, Olympus Corporation of the Americas (Image Stream Medical Inc.), Koninklijke Philips N.V., Danaher Corporation (Leica Microsystems GmbH), Stryker Corporation, Skytron LLC, and Barco.
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