Global Operating Room Integration Systems Market to Reach $21,546.1 Million by 2031
Research Reports
Mar 25, 2022
Global Information, Inc. [JASDAQ 4171]
The global operating room (OR) integration systems market is a huge market comprised of various product types used in an operating room. These include products for visualization, lighting, imaging, OR integration software, and other products such as insufflators, medical printing devices, and OR communication and control systems. While conventional ORs possessed all the equipment required for an operating room to function, the lack of communication among the various components is one of the major drawbacks that led to the rising interest in implementing integrated operating rooms. Integrated ORs consist of a centralized console that integrates all the components of an OR, such as imaging, visualization, and visualization systems, among others.
The global operating room integration systems market report was valued at $11,763.6 million in 2021 and is expected to reach $21,546.1 million by the end of 2031. The market is expected to grow at a CAGR of 6.28% during the forecast period from 2022 to 2031. The market is driven by factors such as increased adoption of minimally invasive procedures, rising geriatric population escalating surgical needs, increasing demand to streamline surgical workflow, the shift of TAVI procedures to the integrated environment, and increasing patients’ safety concerns in the OR.
The factors restraining market growth include the huge capital investment required for integration of the OR. The most significant challenge that medical facilities face is the decision on procurement which is directly related to the cost of integrated OR systems. Technically, the highest degree of integration is required by facilities that perform complex surgical procedures such as cardio and neurosurgery. However, this level of integration can cost an organization from $3-4 million. Therefore, the lack of affordability is a major factor restraining the growth of the market in emerging economies such as Latin America and the Middle East, and Africa. Moreover, the lack of skilled healthcare professionals for OR management in these regions further restrains the market growth.
Continue reading about the market challenges: https://www.giiresearch.com/report/bis1066099-or-integration-systems-market-global-regional.html
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