ID: MRFR/HC/5441-CR | December 2018 | Region: Global | 160 pages
The integrated operating room management systems market is anticipated to achieve a CAGR of 10% while earning revenues valued at USD 1,522 million in the duration of the forecast period. The advances in the medical sector have increased the efficiency and precision of almost every conceivable aspect of healthcare service delivery. The increasing need for improving the efficiency of operating rooms and thus raising the success rate of surgeries is prompting the expansion of the integrated operating room management systems market. The Asia Pacific region is projected to develop at a rapid pace in the forecast period. The rising level of medical tourism in the countries in the Asia Pacific nations is projected to increase the prospects for growth in the coming forecast period.
The report on ‘Integrated Operating Room Management Systems Market’ offers an overall market assessment of the market together with a revenue forecast that spans the forecast period from 2018-2023. The report also consists of a detailed representation of the factors affecting the development of the market and its sub-markets in the approaching years. The revenue analysis available in the report on integrated operating room management systems market emphasizes on the various aspects and areas of the market. The different components that form an integrated operating room are identified and evaluated so as to create a distinct picture of the market. Additionally, the competitors and the segments that are expected to modify the market are discussed in the report.
Integrated Operating Room Management Systems Market Key Players
The integrated operating room management systems market report presents an understanding of the principal market competitors and offers a thorough assessment of their existing market positions and their strategy looking forward from the present situation. The company profile covers aspects such as growth strategies, segmental share, M&A activities, revenue, SWOT, new product launch, geographical income, and the newest R&D plans form an inherent part of the overall report insights.
The segmentation of the integrated operating room management systems market in MRFR’s reports helps to achieve a better and comprehensive overall understanding of the market.
By Device
By Surgical Application
By Type
By Region
Research Methodology
The research process instated at MRFR enables collection of the most relevant and essential information that can aid in an improved understanding of the market. The research process ensures the explicit collation of data in a manner that can provide a succinct understanding of the integrated operating room management systems market. The integration of primary and secondary research approach permits a more inclusive understanding of the market. The research team assiduously filters through the raw data collected on specific industry verticals to bring to the fore information that will play an essential role in the expansion of the market in the coming years. The deployment of top up and bottom down approaches add to the quality of the reports produced on the whole.
Intended Audience:
Report Attribute/Metric | Details |
---|---|
Market Size | USD 1,522 million |
CAGR | 10% (2018-2023) |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Data | 2018 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Device, Surgical Application, Type, Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Skytron LLC, Danaher Corporation (Leica Microsystems GmbH), Stryker Corporation, Olympus Corporation of the Americas (Image Stream Medical, Inc.), Barco, Johnson & Johnson Services Inc., GE Healthcare, Cook Medical, Karl Storz GmbH & Co. KG, Koninklijke Philips N.V., Canon Inc, Steris PLC |
Key Market Opportunities | Joint ventures, strategic alliances, mergers and acquisitions and new product developments |
Key Market Drivers |
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Frequently Asked Questions (FAQ) :
Integrated operating room management systems market projected to grow at a 10% CAGR between 2015-2023.
Integrated operating room management systems market is predicted to touch USD 1,522 million by 2023.
The Americas is expected to lead the integrated operating room management systems market.
The therapeutics segment will lead the integrated operating room management systems market.
High cost and risk factors may limit the integrated operating room management systems market growth.
The Integrated Operating Room Systems Market is characterized by the presence of many global, regional, and local vendors. The market is highly competitive with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, quality, and reliability. It is decisive for the vendors to provide cost-efficient and high-quality products, to survive and succeed in an intensely competitive market environment.
The growth of the market vendors is dependent on the market conditions, government support, and industry development. Thus, the vendors should focus on expanding geographically and improving their products. They primarily focus on the development of novel products. Although the international players are dominating the market, regional players with small market shares also have a presence. The international players may strengthen their presence worldwide through acquisitions during the forecast period. It has also been forecast that improvement of the Global economic scenario combined with efforts to enhance infrastructure in emerging nations, is fueling the market growth, thereby making it an ideal time to new products and increase the Global market share.
The vendors with better technical and financial resources can develop innovative products. Therefore, vendors have to develop new technologies and stay abreast of emerging technologies that could affect the continuing competitiveness of their treatment lines in the market.
Steris PLC has a vast product portfolio in the Integrated Operating Room Systems Market industry. The company also has a wide geographic presence as it operates in various countries all around the world. They have a significant presence in North America, Europe, the Middle East & Africa, with commercial, manufacturing, and research facilities in more than one dozen countries.
Stryker Corporation is also one of the world’s largest brand and leader in the Integrated Operating Room Systems Market. This company has operations worldwide and a wide-ranging product portfolio.
Figure 1 : Global Integrated Operating Room Systems Market, Major Players Market Share Analysis, 2017 (%)