PUBLISHER: iData Research Inc. | PRODUCT CODE: 1378367
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1378367
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.
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.
In 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.
While 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.
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.
The software bundled within the full integration package offered by the vendor.
Sales of a control system/hub/integration platform with extended imaging management capabilities.
Sales of imaging equipment.
HD, 4K and 8-megapixel ultra-high-definition (UHD) surgical displays and PACS monitors.
Devices required to provide sufficient illumination during a surgical procedure.
Equipment booms, anesthesia/nursing booms and utility booms.
General surgical and specialty surgical tables (orthopedic, spine, neurosurgical and image-guided surgical tables).
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.
Ophthalmology/optometry microscopes, neurosurgery/spine microscopes, ear, nose and throat (ENT) microscopes and plastic reconstructive microscopes.
High-definition (HD), 4K and 3D camera systems, which is further segmented into camera heads and camera control units (CCUs).
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.
Devices used to provide illumination for endoscopic cameras, surgical headlights and surgical microscopes.
Medical-grade printers that are used both inside and outside operating rooms (ORs) to print images for planning, recordkeeping or demonstrative purposes.
Regions: 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: COVID-19 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.