Precision And Efficiency: Advancements In The Operating Room Integration Market

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.

What are the Global Growth Factors?

Factors such as technological advancements in the field of robot-assisted surgeries, increasing number of minimally invasive surgeries, and growing patient preference for affordable & effective surgical treatments are driving the growth of this Hybrid Operating Room Market.

Browse and in-depth TOC on "Hybrid Operating Room Market" 61 – Tables 35 - Figures 160 - Pages Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264471209 Cardiovascular Applications The cardiovascular applications of hybrid operating room settings include integrated usage of advanced diagnostic as well as surgical devices to assist in cardiovascular surgeries to treat congenital heart diseases, heart valve diseases, coronary artery diseases, and arrhythmias, among others.

This segment accounted for the largest share due to the increasing preference of cardiac surgeons for hybrid OR settings during target surgical procedures, growing market trend towards the adoption of endovascular procedures during cardiovascular surgeries, and increased patient emphasis on effective disease management strategies.

Neurosurgery Applications Hybrid OR settings are increasingly being utilized among neurosurgeons to perform cerebrovascular procedures and also to optimally execute endovascular and surgical procedures for complex neurosurgical cases (such as brain aneurysm, arteriovenous malformations (AVMs), arteriovenous fistulas (AVFs), and carotid artery disease).

Some of the major factors driving the growth of hybrid ORs are increasing number of neurological disorders patients, ongoing technological advancements in the field of medical robotics, rising number of minimally invasive neurovascular surgeries.

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.