MedCore: Global Integrated Operating Room Component Market Size, Share, and Trends Analysis | 2024-2030

Integrated Operating Room Component Market Size, Share, and Trends Analysis | Global | 2024-2030 | MedCore

Product Description:

In 2023, the worldwide market for integrated operating room (OR) components reached a value of $722.2 million. Projections indicate a steady growth with a Compound Annual Growth Rate (CAGR) of 9.9%, anticipating a rise to $1.4 billion during the forecast period.

This extensive medical market analysis involved the examination of more than 20 integrated OR component companies spread across 7 continents. Employing a thorough methodology, we assessed market sizes, unit sales, company market shares, and formulated precise forecasts. The comprehensive report suite provides an in-depth analysis of the global integrated OR room component market.

DATA TYPES INCLUDED:

Unit Sales, Average Selling Prices, Market Value & Growth Trends
Forecasts Until 2030, and Historical Data to 2020
Market Drivers & Limiters for Each Segment
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & Acquisitions

COVID19 Impact

Disease Overviews and Demographic Information
Company Profiles, Product Portfolios and SWOT for Top Competitors

Global Integrated OR Component Market Insights:

Integration technology is becoming more prevalent in the operating room (OR) environment. As advancements in this field persist, healthcare facilities will need state-of-the-art equipment to address the rising need for smooth integration, wireless functionalities within the OR, the continuous transition to higher-resolution 4K technology, and the growing importance of telemedicine. These factors are expected to propel substantial growth in the market.

Global Integrated OR Component Market Share Insights:

By 2023, Karl Storz has emerged as the leading competitor in the OR integration market. Their strategic entry into the market, leveraging an extensive existing customer base, has resulted in robust replacement sales and enhanced brand recognition. Karl Storz offers a diverse range of integrated operating solutions, with the OR1™ NEO being a notable addition featuring 4K video broadcasting technology.
Stryker secured the second position, propelled by their innovative iSuite™ integrated OR solution, which served as a pioneering integration component. The iSuite family encompasses Endosuite™, OrthoSuite™, CardioSuite™, and NavSuite™. Additionally, Stryker introduced the SwitchPoint™ Infinity 3 Control System, incorporating advanced features such as surgical checklist integration, room presets customization, quad view, centralized control, and teleconferencing.
Olympus has significantly expanded its market share, especially after the 2017 acquisition of ImageStream, which led to the integration of EasySuite™ into their product portfolio. In 2018, Olympus introduced the EasySuite™ 4K integrated OR solution, known for its versatility and suitability in both general and specialty ORs. This strategic move has contributed to Olympus's notable growth in recent years.

Market Segmentation Summary:

Integrated OR Component Market

Global Research Scope Summary:

Regions: North America (Canada, United States), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia,Turkey, Ukraine), Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)

Base Year: 2023
Forecast: 2024-2030

Historical Data: 2020-2023

Quantitative Coverage: Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage: COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data Sources Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.