Video and Integrated Operating Room Equipment Market Size, Share & Trends Analysis - Global - 2024-2030 - MedSuite - Includes: Surgical Lighting, Medical Photo Printers, Surgical Camera Systems, and 11 more
Product Description
In 2023, the global video and integrated operating room (OR) equipment market exceeded a valuation of $12.2 billion. This figure is anticipated to surge during the forecast period at a Compound Annual Growth Rate (CAGR) of 8.8%, reaching an estimated $22.1 billion.
Our comprehensive medical market research involved the analysis of over 80 suppliers of video and integrated OR equipment worldwide. Employing a thorough methodology, we gained insights into market sizes, unit sales, company market shares, and crafted accurate forecasts.
While this MedSuite report provides a holistic view of the global video and integrated OR equipment market, each market segment is also available as individual MedCore reports. This offers you the flexibility to access precisely the market research that aligns with your specific requirements.
DATA TYPES INCLUDEDUnit Sales, Average Selling Prices, Market Value & Growth Trends
Forecasts Until 2029, and Historical Data to 2019
Market Drivers & Limiters for Each Segment
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & Acquisitions
COVID19 ImpactDisease Overviews and Demographic Information
Company Profiles, Product Portfolios and SWOT for Top Competitors
Global Video and Integrated OR Equipment Market Insights
Operating rooms (ORs) serve as the primary revenue generators for hospitals. Fully integrated ORs bring significant time and cost-saving advantages with their ergonomic design, integrated control systems, and multifunctional components. The enhanced workflow and efficiency not only benefit the patients but also contribute to the overall effectiveness of the hospital and its staff. Standard features of integration now include functions such as archiving, streaming, video conferencing, and workflow enhancement. Hybrid ORs take integration a step further by incorporating a dedicated fixed imaging system and an advanced image-guided surgical table.
The surge in the market is primarily driven by the transition from high-definition (HD) to 4K technology, particularly in surgical display and camera systems. Since the introduction of 4K technology, numerous facilities have been upgrading their existing HD displays and camera systems to ones compatible with 4K. Despite the increasing adoption of 4K technology, there is still a significant global presence of HD installations.
Global Video and Integrated OR Equipment Market Share InsightsIn 2023, Stryker emerged as the global leader in the market for video endoscopy and operating room (OR) equipment, asserting dominance in five segments, thanks to its early entry into the OR business back in 1992. With an impressive presence of over 11,000 integrated ORs in the U.S., Stryker provided a comprehensive solution with advanced integration options and components tailored for healthcare facilities.
Securing the second position, Karl Storz entered the integration business in 1998 and accumulated a significant foothold with over 6,000 ORs in the U.S. Their OR1™ FUSION integrated solution, leveraging IP-based 4K video management technology, was complemented by versatile modular software such as SCENARA™.
Olympus, a globally renowned manufacturer of endoscopes, captured a substantial share of the integrated OR component market in 2023, leveraging its trusted brand name. Their EasySuite™ system catered to both general and specialty ORs, competing across various segments, including integrated OR components, management software, surgical displays, and more.
Market Segmentation SummaryWhile this global report suite contains all global ophthalmic device market data, each of the market segments is also available as a stand-alone report, MedCore. This allows you to get access to only the infusion therapy market research that you need.
Integrated Operating Room Component Market - Global - 2024-2030 - MedCore – The market analysis takes into account:An OR possessing the following components: a routing system that enables delivery of data, voice and video services over an IP network, a touchscreen command center, a digital recording device, a pre-planned ergonomic design that optimizes the usage of OR floor space with overhead equipment booms, cabinets and/or other features, the ability to electronically send/receive diagnostic images to and from the OR.
Integrated Operating Room Management Software Market - Global - 2024-2030 - MedCore – The market analysis takes into account:The software bundled within the full integration package offered by the vendor.
Hybrid Operating Room Market - Global - 2024-2030 - MedCore – The market analysis includes:
Sales of a control system/hub/integration platform with extended imaging management capabilities.
Hybrid Operating Room Imaging System Market - Global - 2024-2030 - MedCore – The market analysis includes:Sales of imaging equipment.
Surgical Display and PACS Monitor Market - Global - 2024-2030 - MedCore – The market analysis includes:HD, 4K and 8-megapixel ultra-high-definition (UHD) surgical displays and PACS monitors.
Surgical Lighting Market - Global - 2024-2030 - MedCore – The market analysis includes:Devices required to provide sufficient illumination during a surgical procedure.
Surgical Boom Market - Global - 2024-2030 - MedCore – The market analysis includes:Equipment booms, anesthesia/nursing booms and utility booms.
Surgical Table Market - Global - 2024-2030 - MedCore – The market analysis includes:General surgical and specialty surgical tables (orthopedic, spine, neurosurgical and image-guided surgical tables).
Surgical Headlight Market - Global - 2024-2030 - MedCore – The market analysis includes:Devices used in instances where light from the surgical lighting systems is obstructed, or supplementary illumination is necessary. In that case, a surgical headlight may be worn, directing light to the surgeon’s field of vision.
Surgical Microscope Market - Global - 2024-2030 - MedCore – The market analysis includes:Ophthalmology/optometry microscopes, neurosurgery/spine microscopes, ear, nose and throat (ENT) microscopes and plastic reconstructive microscopes.
Surgical Camera System Market - Global - 2024-2030 - MedCore – The market analysis includes:High-definition (HD), 4K and 3D camera systems, which is further segmented into camera heads and camera control units (CCUs).
Image Management Device Market - Global - 2024-2030 - MedCore – The market analysis includes:Devices that record individual images or videos onto a hard drive, where they can be accessed or saved onto a disc or flash drive. These devices are known by a number of different names, including digital image capture devices, medical video recorders and information management devices.
Surgical Light Source Market - Global - 2024-2030 - MedCore – The market analysis includes:Devices used to provide illumination for endoscopic cameras, surgical headlights and surgical microscopes.
Medical Photo Printer Market - Global - 2024-2030 - MedCore – The market analysis includes:Medical-grade printers that are used both inside and outside operating rooms (ORs) to print images for planning, recordkeeping or demonstrative purposes.
Global Research Scope SummaryRegions : 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.