The global Operating Room Integration Market size is anticipated to reach USD 3.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 11.0% from 2021 to 2028. Increasing redevelopment projects and the adoption of advanced healthcare IT solutions in hospitals is a major factor boosting market growth. Operating Rooms (OR) are increasingly becoming complex and congested due to the requirement of devices during surgeries such as surgical lights, operating tables, and surgical displays. Integrated Operating Rooms (I-ORs) is becoming a solution for this complexity in ORs.
Though digitization was now high on the agendas of
most companies, the COVID-19 pandemic speeded up the paradigm shift towards
digitization in 2020. Besides, the trend towards digital ORs was also quickened
up by the pandemic. Thus, the COVID-19 crisis created new opportunities to
innovate and new ways to create value in the evolving healthcare world. For
instance, in March 2021, Olympus has introduced EASYSUITE, a next-generation OR
integration solution, in the EMEA area. EASYSUITE features video management and
routing, medical content management, procedure recording, and virtual
collaboration. As a result, with the introduction of EASYSUITE, the company
promoted digitalization in surgery and boosted its position in the EMEA
territory.
The modern operating room provides consolidated data
and offers access to audio and video and controls for all surgical devices at
the central command station, allowing the surgeon to achieve various tasks
efficiently without the prerequisite to move near the OR. Other advantages of
OR integration are it minimizes manpower, maximizes OR efficiency, takes less
surgical time procedure, and manages patient surgical records.
Most of the Minimally Invasive Surgeries (MIS)
procedures such as TAVR, and EVAR, laparoscopic procedures are performed in
hybrid integrated OR. Surging patient preference for MIS is boosting the market
growth. MIS includes robotic surgery; laparoscopic surgeries that have a wide
range of applications in the medical sector.
In addition, hospitals have shifted their preference
towards advanced MIS procedures for diagnosing chronic diseases. The preference
is due to the benefits that this procedure provides such as lower postoperative
complication rates along with reduced hospital stay, less painful and offers
fast recovery time. It also provides a high accuracy rate as compared to
traditional open surgery. The aforementioned factors are anticipated to boost
the demand for I-ORs over the forecast period.
The competitors operating in the market are focusing
on other strategies such as mergers and acquisitions, collaborative agreements
to mark their presence in the market. For instance, In January 2020, Brainlab
declared its acquisition of Vision Tree Software. Vision tree Optimal Care
(VTOC) platform, which provides EHR, research, and registry platform. The
acquisition will provide an opportunity to capture data by point-of-care
electronic forms and use them in efficient workflows. The strategies like these
implemented by the leader in this vertical are further propelling the market
growth.
Related Press Release@ Operating Room Integration Market Report
Operating Room Integration Market
Report Highlights
- OR integrated services are expected to witness the fastest growth
rate in coming years owing to the growing demand from ambulatory
surgical centers and hospitals
- The documentation management systems segment dominated the market
in 2020 owing to the associated benefits such as data management with
minimal errors
- Demand for fully integrated solutions to automated surgical
workflows is growing in accordance with the requirements to access all the
necessary information on a single platform. This helps in expediting the
surgical procedure and eliminates the need for various devices arranged
all over in the operating room
- The orthopedic surgery segment is anticipated to show a lucrative
CAGR owing to its growing demand. There is an increase in the number of
cases of orthopedic conditions, including osteoarthritis, osteoporosis,
rheumatoid arthritis, and ligamentous knee injuries
- North America dominated the market as of 2020, which is
attributable to supportive government initiatives promoting the adoption
of surgical automation, telemedicine, and other advanced technologies
to support the use of integrated solutions in operating rooms
- Market players are involved in extensive research for the
development of cost-efficient and technologically advanced OR integration
solutions. Subsequently, the introduction of such solutions is expected to
provide the market with lucrative growth opportunities
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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