PUBLISHER: iData Research Inc. | PRODUCT CODE: 1328963
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1328963
In 2022, the European market for Video and Integrated Operating Room Equipment demonstrated remarkable growth, reaching a valuation exceeding €1.7 billion. With consistent progress anticipated, this market is expected to expand steadily, reaching a value of nearly €2.5 billion by 2029. Our comprehensive report suite offers valuable insights into various facets of this market, encompassing procedure numbers, unit sales, average selling prices, market drivers and limiters, competitive market share analysis, and other pertinent information.
This extensive report suite encompasses a wide range of products, including integrated OR components, integrated OR management software, hybrid OR components, hybrid OR imaging systems, surgical displays and Picture Archiving Communication System (PACS) monitors, surgical lighting, surgical booms, surgical tables, surgical headlights, surgical microscopes, surgical camera systems, image management devices, surgical light sources, medical photo printers, and combination consoles. Dive into our report to gain a comprehensive understanding of the European market for video and integrated operating room equipment.
The integrated and hybrid OR segments are leading the way in driving market growth. Nevertheless, the COVID-19 pandemic has highlighted significant deficiencies in the European healthcare sector, particularly in terms of limited digitalization. However, this situation presents a remarkable opportunity to improve the quality of patient care by enhancing digital infrastructure within healthcare settings. With health spending experiencing a substantial increase of over 5% across all European Union (EU) countries, marking the highest rate in nearly two decades, a significant portion of these investments will be allocated towards the modernization and revitalization of operating rooms in European hospitals.
As the healthcare sector continues to grapple with supply challenges and inflation, prices have seen a significant surge. This upward trend is expected to persist throughout the forecast period, resulting in an increased market value. However, it is important to note that once supply chain constraints ease and inflation subsides, prices are likely to stabilize and return to growth rates seen prior to the pandemic.
Three major players, namely Karl Storz, Olympus, and Stryker, held the largest market share in the European Union's Operating Room market in 2022.
In 2022, Karl Storz emerged as the market leader in the video and integrated OR equipment sector, securing the second-largest installed base. Their offerings included the advanced Image1 S 4U platform, featuring Clara and Chroma imaging techniques.
Olympus, as the world's top endoscope manufacturer, claimed the second position. They expanded their market share through strategic acquisitions and introduced the versatile EasySuite™ 4K integrated OR solution.
Stryker, a global integration leader since 1992, maintained its dominance by incorporating additional technology through acquisitions. They served as a comprehensive single vendor, offering the 1688™ AIM 4K Platform for video endoscopy, supporting Spy NIR fluorescence imaging, and featuring the Infrared Illumination System (IRIS) for enhanced visualization.
Throughout this research series, iData Research has covered several countries in great detail including:
|
|
While this MedSuite report contains all of the EU OR Equipment market analysis and data, each of the market segments is also available as stand-alone MedCore reports.