wiseguyreports January 14, 2021
Market Insights
Rapid expansion of the global healthcare sector has resulted in increased efficiency of several medical processes. Operating room integration systems offers consolidation of large volumes of data and allows control from a central command station, thus increasing efficiency in the operating room. Market Research Future’s detailed analysis of the global integrated operating room management systems market has led to several key findings which offer conclusive information regarding the growth of the market over the forecast period from 2018 to 2023. In 2017, at the start of the forecast period, the integrated operating room management systems market was valued at USD 766.88 Mn and is projected to expand at an optimistic CAGR of 10% during the review period.

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 Following this trajectory, the integrated operating room management systems market is likely to reach a market value of USD 1,521.81 by 2023.

Advancement of medical technology has resulted in the rapid development of advanced diagnostic, and therapeutic technology, thus making operating rooms more complex and increasingly congested. As such, integration has been deemed necessary for maintaining efficiency in operating rooms. Integrated operating room systems offer simplification and streamlining of several operating room tasks. 
Types of integrated operating room systems market have been segmented to include recording & documentation system, operating room & procedure scheduling system, anesthesia information management, audio & video management system, instrument tracking system, and operating room inventory management system. Increasingly enhanced processes of patient care and quality assurance has given the Anesthesia Information Management Systems an advantage over other segments in terms of market size. Valued at USD 173.02 Mn in 2017, the integrated operating room management systems market is on track to reach USD 351.65 Mn by the end of 2023.
Division of the global integrated operating room management systems market segments the integrated operating room systems market into the Americas, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the Americas captured the most significant share of the market and the regions projected growth is likely to keep it in a leadership position over the forecast period. The region’s large piece of the market can be explained by the observed increase in preference for surgical and minimally invasive procedures. The region has developed economies such as Canad and the U.S where the healthcare sector is well developed and displays an affinity for the early adoption of advanced medical technologies. Increasing applications of integrated operating rooms drive the market.
Market Research Future has included a detailed review leading market players’ growth strategies. Prominent market participants that have been reviewed in the report include KARL STORZ GmbH & Co. KG, Cook Medical, Steris plc, Johnson & Johnson Services Inc, Canon Inc., GE Healthcare, Olympus Corporation of the Americas (Image Stream Medical Inc.), Koninklijke Philips N.V., Danaher Corporation (Leica Microsystems GmbH), Stryker Corporation, Skytron LLC, and Barco.
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