Operating Room Integration Systems Market Segmentation, Competitive Landscape & Forecast to 2031

Rise in number of surgical procedures, increase in patient preference for minimally invasive surgeries, and patient safety concern on operating room drive the growth of the global operating room integration market.

On the other hand, high costs and maintenance of ORI systems impede the growth to some extent.

Nevertheless, untapped potentials of emerging markets are expected to create a number of opportunities for the key players in the industry.The global operating room integration market was estimated at $1.72 billion in 2017 and is expected to hit at $4.16 billion by 2025, registering a CAGR of 11.2% from 2018 to 2025.

The report provides a detailed analysis of the market size & estimations, top investment pockets, top winning strategies, drivers & opportunities, competitive scenario, and wavering market trends.The audio & video management systems segment to lead the trail by 2025-Based on device type, the audio & video management systems segment accounted for more than one-third of the total market revenue in 2017 and is expected to dominate during the forecast period.

The display systems segment, on the other hand, would cite the fastest CAGR of 12.0% by the end of 2025.Read Full News: https://www.alliedmarketresearch.com/operating-room-integration-market The surgery segment to retain its dominance in terms of revenue-Based on application, the surgery segment contributed to more than half of the total market share in 2017 and is anticipated to rule the roost during 2018–2025.

Simultaneously, the neuro segment would grow at the fastest CAGR of 14.1% throughout the estimated period.North America garnered the highest share in 2017-Based on geography, North America held the major share in 2017, garnering more than two-fifths of the total market.

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 2027With the advent of progressive diagnostic and imaging technology in the medical sector, ORs are gradually becoming more complex and congested with a growing assembly of OR devices and monitors.

OR Integration Systems are being designed in a manner that simplifies and restructure the OR as efficiently as possible by giving access to video, consolidating data, and controls for all of the devices in the OR at a central command station, freeing up the surgical staff to execute many of their tasks competently without requiring unnecessary movement in the OR.

The market is projected to achieve USD 367.2 million in earnings while developing with a CAGR of 12.20 percent in the forecast period from 2018 to 2023.The recent rise in the burden of chronic diseases globally has amplified, resulting in parallel demand surge for therapeutic surgeries such as orthopedic surgeries, bariatric, cardiovascular surgery, etc.

Additionally, the development of the economic scenario in the Asia Pacific region coupled with efforts to improve the infrastructure in emerging nations is stimulating the market’s expansion, thus making it an ideal environment for the development of the market.Segmental AnalysisThe Asia Pacific integrated operating room systems market is segmented on the basis of surgical application, device, and type.

On the basis of device, the market is segmented into operating room lights, operating table types, intraoperative diagnostic devices, and operating room communication systems.

The segmentation on the basis of surgical application comprises of diagnostics imaging application and therapeutics application.

According to a new market research report Operating Room Integration Market is projected to grow at a CAGR of 12.4% during the forecast period, to reach USD 1.7 billion by 2024 from USD 1.0 billion in 2019.

The growth in this market is driven by the increasing adoption of minimally invasive surgical procedures, redevelopment projects & funding for improving OR infrastructure, and rising need to curtail healthcare costs.

Also, emerging economies (such as China, India, Brazil, and Mexico) are expected to offer lucrative growth opportunities for market players during the forecast period.

Other factors augmenting market growth in this region are the ongoing expansion of the healthcare infrastructure as well as growing market availability of advanced surgical technologies in Brazil and other Latin American countries, ongoing initiatives of governments to enhance their respective healthcare systems and growing public-private investments for purchasing medical equipment.Stryker Corporation (US), STERIS (US), KARL STORZ (Germany), and Olympus (Japan) are the key players operating in this market.

Other prominent players in the market include Getinge (Sweden), Alvo Medical (Poland), Skytron (US), Merivaara (Finland), Brainlab (Germany), TRILUX Medical (Germany), caresyntax (US), Sony (Japan), Barco (Belgium), Arthrex (US), and Richard Wolf (Germany).Stryker dominated the global operating room integration market in 2018.

The company offers OR integration solutions through its Endoscopy division.

Integrated Operating Room Management Systems Market Research Report: by Device (Operating Tables Types, Operating Room Lights, Intraoperative Diagnostic Devices, Operating Room Communication Systems), Surgical Application (Therapeutics Application, Diagnostics Imaging Application), Type (Operating Room and Procedure Scheduling System, Recording and Documentation System, Instrument Tracking System, Audio and Video Management System, Operating Room Inventory Management System, Anesthesia Information Management), and Region - Forecast to 2023Market Highlights:Rapid expansion of the global healthcare sector has resulted in increased efficiency of several medical processes.

Following this trajectory, the integrated operating room management systems market is likely to reach a market value of USD 1,521.81 by 2023.Notably, risk factors associated with surgeries make patients hesitant to receive surgical operations, and despite favorable reimbursement policies, hospitalization comes with a hefty bill which further discourages patients and restrains market growth.

However, with medical tourism growing at a rapid rate, patients are likely to go to regions like the Asia Pacific for treatment, thus creating opportunities for growth in the foreseeable future.Market SegmentationThe integrated operating room management systems market which is composed of various components has been segmented, in MRFR's report on the basis of device, surgical application, type, and region.

Growing at a marginally faster rate is the intraoperative diagnostic devices segment.Avail a Free Sample@ https://www.marketresearchfuture.com/sample_request/6906Surgical applications of integrated operating room systems have been segmented primarily into therapeutics and diagnostics imaging.

This segment is also anticipated to grow at the fastest pace over the forecast period.Types of integrated operating room systems have been segmented to include recording & documentation system, operating room & procedure scheduling system, anesthesia information management, audio & video management system, instrument tracking system, and operating room inventory management system.

Increasingly enhanced processes of patient care and quality assurance has given the Anesthesia Information Management Systems an advantage over other segments in terms of market size.