Operating Room Integration Market Growth Driven by Rising Demand for MIS

According to the latest market research study published by P&S Intelligence, the operating room integration market was valued at $1,345.9 million in 2021 and is expected to grow at a CAGR of 11.1%, reaching $3,464.7 million by the end of this decade. In recent years, leading companies have focused on enhancing integration solutions for ORs. For example, Hill-Rom launched the Helion Integrated Surgical System in July 2021, designed to improve communication among surgical teams during procedures.

Key factors driving market growth include the increasing number of minimally invasive surgeries (MIS), concerns over OR crowding, and technological advancements in OR infrastructure, primarily supported by rising funding. MISs have gained popularity due to faster recovery, shorter hospital stays, smaller incisions, and cost-effectiveness.

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Key Findings:

• North America held the largest market share (over 40%) in 2021, driven by an increase in MIS preference, demand for quality care, and the presence of major healthcare technology companies.
• The APAC region is anticipated to grow at over 12% in the coming years, mainly due to improvements in healthcare infrastructure and a rising population of chronically ill patients.
• The growing incidence of chronic diseases like breast and liver cancer has led to an increase in general surgeries, significantly impacting the OR integration market share in 2021.
• Hip and knee replacement surgeries have surged, driving the demand for OR integration solutions in orthopedic procedures.
• Software led the market in 2021 as it streamlines surgical workflows, acting as a centralized hub for all data.
• The rise in ambulatory surgeries is projected to sustain a CAGR of over 11%, driven by a shortage of hospital beds and patient funding limitations.
• The integration of smart glasses and AR technology in ORs presents new growth opportunities, with collaborations like the one between Vuzix, Pixee Medical, and Rods&Cones, accelerating the development of advanced solutions.

Major Players:

Prominent players in the market include Care Syntax GmbH, Getinge AB, Arthrex Inc., Dragerwerk AG & Co. KGaA, Olympus Corporation, Brainlab AG, Barco NV, Steris Plc, and Stryker Corporation. Companies are strengthening their market position through partnerships, collaborations, and acquisitions.

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