Operating Room Integration Market Set To Witness An Uptick During 2023 to 2030

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Additionally, there is a growing preference for minimally invasive surgeries (MIS), which require advanced OR technologies to ensure optimal outcomes. These factors collectively contribute to the expansion of the market.

The global operating room integration market was valued at USD 1.86 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 11.4% from 2023 to 2030. This significant growth is driven by several key factors, including the rising demand for technologically advanced solutions in operating rooms (ORs), the increasing number of surgical procedures, the challenges posed by congestion in ORs, and concerns over patient safety. Additionally, there is a growing preference for minimally invasive surgeries (MIS), which require advanced OR technologies to ensure optimal outcomes. These factors collectively contribute to the expansion of the market.

 

However, the market has also faced challenges, particularly a temporary decline in surgical procedures due to the COVID-19 pandemic. This decrease in surgeries led to a reduced demand for devices and products required for these procedures. For instance, Barco’s co-CEOs identified challenges with supply chains, technological value generation, organizational structure, and research and development (RD) efforts during this time. This disruption affected the availability of essential products for operating rooms, further highlighting the need for better operational efficiencies.

 

Gather more insights about the market drivers, restrains and growth of the Operating Room Integration Market

 

Another issue exacerbated by the pandemic was the increase in surgery waitlists, especially for semi-urgent and non-urgent procedures. Longer periods of peak hospital loads, as seen during the COVID-19 pandemic, caused delays in surgeries, adding to the backlog. A study published in the British Journal of Surgery revealed that approximately 28 million surgeries were either postponed or canceled globally in 2020, with many of these surgeries pushed into 2021. As a result, hospitals and surgical centers have had to focus on improving scheduling efficiencies to manage the growing demand for surgeries. This need has driven market players to introduce new technologies aimed at optimizing operating room integration. For example, in June 2021, Getinge launched the “Torin” AI-based OR management system in the U.S., designed to enhance OR scheduling and management processes.

 

Component Segmentation Insights

 

The software segment dominated the market in 2022, largely due to the numerous advantages offered by integrated software solutions. These systems enable smooth communication between various devices and systems operating within an OR, which helps streamline surgical workflows, improving efficiency and ease of use. Integrated OR software solutions are increasingly being adopted by hospitals and surgical centers due to their ability to improve operational effectiveness and reduce the risk of errors.

 

In addition to advancements in software solutions, companies in the market are expanding their presence through acquisition strategies, partnerships, and innovative programs. For example, Stryker's Endoscopy Division launched a program in 2017 called "OR of the Future." This initiative employs holographic technology to allow customers to visualize how the company’s surgical equipment and displays will function within an OR. Such initiatives aimed at promoting integrated OR technologies are expected to drive the adoption of advanced OR systems in the coming years.

 

The services segment is also expected to see significant growth, with a projected CAGR of around 11% over the forecast period. The increasing demand for support and maintenance services is a key driver of this growth, as these services offer a cost-effective solution for hospitals and surgical centers. Well-trained and experienced technicians provide essential support for the installation and upkeep of integrated OR systems, ensuring that these technologies are functioning optimally. Additionally, service providers offer solutions that safeguard customer investments by offering on-site and remote support, regular software updates, and on-site training to healthcare staff. These services play a crucial role in maximizing the effectiveness of integrated OR systems and ensuring their long-term success in surgical settings.

 

Overall, the operating room integration market is experiencing substantial growth due to the increasing need for advanced technologies that improve efficiency, patient safety, and outcomes in OR environments. As surgical demand rises and hospitals face challenges like waitlists and operational inefficiencies, integrated OR solutions, both in terms of software and services, are likely to see greater adoption, propelling the market forward over the coming years.

 

 

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