Operating Room Integration Market to Set an Explosive Growth in Near Future: Arthrex Inc, Steris PLC

The latest survey on Operating Room Integration Market is conducted to provide hidden gems performance analysis of Operating Room Integration to better demonstrate competitive environment. The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end-use applications. The report bridges the historical data from 2019 to 2023 and forecasted till 2030. The outbreak of the latest scenario in «keyword» market has made companies uncertain about their future outlook as the disturbance in the value chain has made a serious economic slump. Some are the key & emerging players that are part of the coverage and profiled in the study are Stryker Corporation (United States), Steris plc (United States), Karl Storz GmbH & Co. KG (Germany), Olympus Corporation (Japan), Getinge AB (Sweden), Zimmer Biomet Holdings, Inc. (United States), Fujifilm Holdings Corporation (Japan), Hill-Rom Holdings, Inc. (United States), Brainlab AG (Germany), Canon Medical Systems Corporation (Japan), Skytron (United States), Steris PLC (Ireland), Merivaara Corporation (Finland), Sony Corporation (Japan), Arthrex Inc (Germany), Dragerwerk AG & Co. KGaA (Germany)

According to HTF Market Intelligence, the Global Operating Room Integration Market size is estimated to be around USD Million in 2023 and is expected to grow at a CAGR of 2.06% to reach USD Million by 2030.

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Operating Room Integration Market Overview
This refers to the systems and technologies that streamline and centralize control of various devices and equipment in an operating room. It enhances surgical workflow, improves communication, and increases the efficiency and safety of surgical procedures.
Market Trends
Trends in operating room integration include the use of AI and machine learning for surgical planning, intraoperative decision making, and postoperative analysis. Moreover, there is a trend towards integration and compatibility of various medical devices and systems using systematic communication interfaces and connectors. Furthermore, there is an integration of augmented reality (AR) and virtual reality (VR) for designing more enhanced visualization and simulation facilities in surgical education, preoperative preparation and during surgery. Besides, there is an increasing concern regarding protection of patients' personal information and secure functionality of advanced integrated operating room systems due to emerging threats.
Market Drivers
Market drivers for operating room integration include new surgical techniques like minimally invasive surgery or even robotic surgeries which need better integration system that can handle all operating room equipment and flow of data associated with it. Furthermore, the rising concerns with patient safety and technical accuracy in surgeries fuel the demand for integrated operating room systems, which enable real time monitoring, improved visualization, and effective communication between surgical teams - all leading to a better prognosis for the patient. Besides, the growing need for efficient technologies in the management of healthcare resources increases the adoption of operating room integration solutions to minimize costs of surgery, prevent errors, and improve functionality in facilities.
Market Opportunities:
Market opportunities in the operating room integration market include the extension of the integrated solutions to the outpatient surgical centers and ambulatory care facilities due to the rising tendency in carrying out the minimally invasive procedures that are apart from the traditional operating room environment. Furthermore, there is increasing interest in purely tele-surgical applications and in expanding the use of telemedicine in operating rooms, which offer prospects for implementing integrated solutions for remote surgery and cooperation between surgical teams. In addition, the use of data analytics in conjunction with predictive modeling applied to operating room systems provides potential for predictive maintenance, resource allocation and patient care pathways, thus improving workflow and patient care. On 7th March 2024, MedTech company KARL STORZ is proud to announce the release of the CollaboratOR 3D app for Apple Vision Pro. Designed in concert with innovative software developer T1V, the CollaboratOR 3D app complements the functionality of the integrated operating room solution known as OR1. With the CollaboratOR 3D app for Apple Vision Pro, surgical staff can immerse themselves in 3D content from surgical procedures-without even entering the operating room. The CollaboratOR 3D app serves as an extension of the CollaboratOR, an interactive ecosystem for the OR1 integrated operating room. On 27th March 2024, Jones AV launched 'Integrated Operating Theatre of Things' (ITOT) technology to improve operating room AV set-ups. The company installed the first ITOT system at the Cambridge Surgical Training Centre in September 2023 after 18 months of research. Collaborating with RH consultants for the systems design, and Audiologic and Sennheiser for equipment supply and advice, Jones established a demo operating theatre. Jones put together a system incorporating technology including a Q-SYS Core Nano AV&C processor, Sennheiser Team Connect Ceiling Mic II, Genelec 4420AWM Smart IP speakers and Audinate ADP USB AU, as well as Dante Bluetooth module. With the system installed in the UK and Norway, the company has received around 60 more orders with operations to be deployed over the next 18 months.
The distribution of the operating room integration market players consists of traditional medical device vendors, healthcare IT companies, and new innovative firms. Some of the leading players tend to differentiate themselves based on the range of products and services they provide, which may include hardware, software, as well as support services designed to suit various clinical requirements. Also, the relationships and collaborations between the technology suppliers and healthcare organizations are crucial to understanding the markets. Constant evolution of solutions, an increase in the emphasis on integration between technologies, and the improvement of the overall user experience are key factors motivating competition in the operating room integration market.

Operating Room Integration Market Segmentation

Market Analysis by Types: Hardware, Software, Services

Market Analysis by Applications: Surgical Procedures, Endoscopy Procedures, Laparoscopic Procedures, Orthopedic Procedures, Cardiovascular Procedures, Neurosurgery Procedures, Others

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Important Features that are under offering & key highlights of the Operating Room Integration market report:
1. Why lots of Key players are not profiled in the Study?
--> The market study is surveyed by collecting data from various companies from Operating Room Integration industry, and the base for coverage is NAICS standards. However, the study is not limited to profiling only a few companies; connect with sales executives to get a customized list. The standard version of the research report is listed with players like Stryker Corporation (United States), Steris plc (United States), Karl Storz GmbH & Co. KG (Germany), Olympus Corporation (Japan), Getinge AB (Sweden), Zimmer Biomet Holdings, Inc. (United States), Fujifilm Holdings Corporation (Japan), Hill-Rom Holdings, Inc. (United States), Brainlab AG (Germany), Canon Medical Systems Corporation (Japan), Skytron (United States), Steris PLC (Ireland), Merivaara Corporation (Finland), Sony Corporation (Japan), Arthrex Inc (Germany), Dragerwerk AG & Co. KGaA (Germany)

2. Does the Scope of the Market Study allow further Segmentation?
---> Yes, for a deep dive analysis add-on segmentation is applicable in a premium customized version of the report to better derive market values. The standard version of this report covers segmentation by Application [Surgical Procedures, Endoscopy Procedures, Laparoscopic Procedures, Orthopedic Procedures, Cardiovascular Procedures, Neurosurgery Procedures, Others ], by Type [Hardware, Software, Services], and by regions [In North America, In Latin America, Europe, The Asia-pacific, Middle East and Africa (MEA), What are the main countries covered , The United States, Canada, Germany, France, UK, Italy, Russia, China, Japan, Korea, Southeast Asia, India, Australia, Brazil, Mexico, Argentina, Chile, Colombia, Egypt, Saudi Arabia, United Arab Emirates, Nigeria & South Africa]

3. What level of granularity would the Country landscape cover?
---> In the premium version of the report, two-level of regional segmentations allow user to have access to a country-level break-up of market Size by revenue and volume*
* Wherever applicable

4. Does the Study also provide insights into macroeconomic factors?
---> Yes, the study also includes market factor analysis that includes macroeconomic factors, the inflationary cycle and its impact, and Russia-Ukraine war analysis and its effect on the value/supply chain.

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• Europe: the United Kingdom, France, Italy, Germany, Spain, and Russia.
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