World News: 11:32 GMT Wednesday 17th April 2019. [Research and Markets via Globe Newswire via SPi World News]
Dublin, April 17, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering.
According to the market intelligence report, the global OR integration systems market was $10.05 billion in 2017, and is estimated to grow over $17.47 billion by 2025. The global OR integration systems market is expected to grow at a double-digit compound annual growth rate between the years 2019 and 2025, primarily driven by the increasing demand for minimally invasive surgeries.
The MIS procedure number is further bolstering the OR visualization systems market, which is the largest sub-segment of the global OR integration systems market, due to increasing surgeon's demand for better visualization of anatomical structures for enhanced precision. Operating rooms (OR) are increasingly becoming congested and complex with the inclusion of a multitude of new OR devices and visualisation systems. The purpose of inclusion of these products is to facilitate operational efficiency, surgical outcomes, quicker recovery and hence lower healthcare costs for both patient as well as the provider.Today, an operating room comprises not only surgical booms but also surgical tables, surgical lights, room lighting, surgical displays, communication systems monitors, camera systems, image capture devices and medical printers. The complex association of these devices in an OR demands simplification as well as streamlining of the OR which is done by the consolidation of data access to video, and control of all the devices existing in a modern OR.The operating integration systems are basically any device or equipment that facilitates better surgical experience by providing either consolidation of image/video data, through enabling illumination of surgical sites, the capture of video/image data and visualisation of anatomical structures. Over the past few years, a lot of effort has been placed toward creating integrated digital operating rooms in order to reduce surgical times, improve surgical outcomes, reduce the probability of infections, and improve patient quality of life, all while keeping the expenditure optimum for the procedures. With increasing research in sensors, precision surgical instruments, advanced camera, surgical displays and robotic platforms, the future operating rooms are anticipated to be more digital, connected and efficient in managing the growing surgical procedure volume.North America held the largest market share in 2017 and accounted for over 40% of the revenue share owing to huge investments made by public and private hospitals for the adoption of innovative solutions within operating rooms. However, Asia-Pacific is projected to be the fastest-growing market and is anticipated to grow at a CAGR of over 8.4% from 2018 to 2025. Furthermore, owing to several benefits offered by OR integration, Latin America and the Middle East and Africa are also expected to make significant investments in the market.
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Related Topics: Surgical Devices
Globe Newswire: 11:32 GMT Wednesday 17th April 2019
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