The report on the Operating Room Market is segmented By Devices (Audio Video Management Systems, Display Systems, Documentation Management Systems), By Application (General Surgery, Orthopedic Surgery, Neurosurgery, Others), By End-Use (Hospitals, ASCs) and Region. The historic years considered for the study are 2016-2019, base year is 2020, estimated year is 2021, and forecast period is 2021-2026.

Market Insights

The Operating Room Market is estimated to grow from USD 2.3 billion in 2020 to USD 4.5 billion by 2026 at a healthy CAGR of 12.1% during the forecast period.

Key players

Some of the major players operating in the global Operating Room Market are-

  • Stryker Corporation (US)
  • KARL STORZ GmbH & Co. KG (Germany)
  • STERIS plc (US)
  • Skytron LLC (US)
  • Getinge AB (Sweden)
  • Merivaara Oy (Finland)
  • Canon Inc. (Japan)
  • BrainLab AG (Germany)
  • Doricon Medical Systems (US)
  • Olympus Corporation (Japan).

Report Features

The report provides critical insights into the market dynamics that enables strategic decision making that is critical to the growth of the existing players as well as those planning to enter the market. This report offers an improvised approach to consolidate the growth decisions by covering the following features –

  • Market structure – as it reflects the value chain of different commodities in the market.
  • Drivers and Constraints – as both can affect any element of the marketing mix — product, budget, and place, etc.
  • Market Forecast – a part of the decision-making process. This helps users with facts regarding projected sales dimensions, costs, market shares, and other areas of planning.
  • Competitive landscape and dynamics: The user can determine the strengths and gaps. The information mentioned here will work towards enhancing the brand’s strategy.
  • Growth strategies – allowing a small business to survive unexpected changes, and to grow into a bigger entity, and gain a greater competitive advantage.

Market Dynamics

The report covers maximum factors that affect the Operating Room Market. According to this report,

Rising demand for technologically advanced applications, congestion in Operating Rooms (OR), a growing number of surgical procedures, patient safety concerns in OR along the rise in preference of Minimally Invasive Surgeries (MIS) is some of the key factors propelling the market growth. However, the lack of skilled surgeons in developing economies as well as the high cost of initial investment is expected to hamper the industry growth. This high cost can be due to the high-priced integrated advanced technology which is being adopted in the operating room.

Segments’ Analysis

End-Use Trends

Based on end-use, the market has been bifurcated into hospitals and ASCs. The hospital’s segment accounted for a substantial market share in 2020. This is mainly attributed to the high penetration of operating room integration. With the large patient pool being exposed to chronic diseases, there is a growing need for operating room integration to lessen the burden on physicians and complexity so that they can effectively manage their surgical workflow. Moreover, ongoing technology innovations in medical devices are contributing to the rising adoption of operating room integration over the review period.

Regional Trends

The market in North America accounted for the largest share in 2020 and is projected to continue its dominance during the review period. This is mainly ascribed to surging demand for surgical automation. Also, the surge in demand for efficient healthcare services, a rise in the need to reduce healthcare expenditure, and effective EHR implementation by healthcare organizations further augment the regional market growth. Moreover, the presence of established players in the market, technologically advanced HCIT, and funding to improve OR infrastructure is another factor bolstering the growth of the market for operating room integration, which further proliferates regional growth.

Critical Questions Answered in the Report

  • What are the key trends in the global Operating Room Market?
  • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
  • What is the impact of COVID-19 on global Operating Room Market?
  • What are the key strategies adopted by the major vendors to lead in the global Operating Room Market?
  • What is the market share of the top vendors?

Wish to know more about the study? Click here to get a free sample. https://www.stratviewresearch.com/Request-Sample/2283/Operating-Room-Market.html#form

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at +1-313-307-4176.

About Us –

Stratview Research is a leading global Market Research firm providing expert research solutions, trusted by clients worldwide. This firm possesses a global presence to enable current market information using the most up-to-date methodology, best-in-class research techniques, and cost-effective approaches. It also surveys clients in several countries to provide you with the most comprehensive illustration of global trends and behaviours.

Contact –
Web: https://www.stratviewresearch.com/contact

Email: sales@stratviewresearch.com