Integrated operating rooms includes information about patients, audio, video signals, surgical luminaires and general lighting, building automation (HVAC) and other medical equipment. Integrated operating rooms provides benefits such as maximized efficiency, improved safety, minimized manpower, less surgical time procedure, and proper management of patient surgical records. Therefore, owing to the several benefits operating room integration concept is gaining more popularity.
MARKET DYNAMIC- ASIA PACIFIC INTEGRATED OPERATING ROOM MARKET
The Asia- Pacific region is anticipated to be noteworthy market for integrated operating rooms market during the estimated timeframe. Large geriatric population base, availability of skilled labor at economic costs, and high prevalence of chronic diseases are the major factors increasing the growth of this region. In addition, improvements and developments in the healthcare facilities in countries such as China, India and Japan, coupled with the increasing awareness regarding treatment options among patients, have resulted in an rise in the adoption of advanced technologies in these countries. This is ultimately propelling the market growth.
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COVID 19 IMPACT ON ASIA PACIFIC INTEGRATED OPERATING ROOM MARKET REPORT
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the integrated operating room market. In addition, complete analysis of changes on integrated operating room market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on Asia Pacific economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The COVID-19 pandemic has affected the Asia Pacific integrated operating room market and manufacturers on a slight negative level in the early pandemic period. This is owing to the delay and rescheduling of the planned surgeries during pandemic period.
ASIA PACIFIC INTEGRATED OPERATING ROOM MARKET SEGMENTAL OVERVIEW
The study analyses Asia Pacific integrated operating room market based on devices, component, application, end user and country.
INTEGRATED OPERATING ROOM MARKET BY DEVICES
Various devices such as audio video management systems, display systems, and documentation management systems are analyzed in the Asia Pacific integrated operating room market. Documentation management systems segment dominated the market in 2020 and is likely to maintain its dominance at a significant growth rate during the forecast period. Rising use of documentation management systems as it can reduce the overall cost of required equipment and materials, such as printers, paper, cartridges, ink etc. in the hospitals is driving the segment growth. However, audio video management systems and display systems are also expected to observe lucrative growth in the near future.
INTEGRATED OPERATING ROOM MARKET BY COMPONENT
Based on component, the Asia Pacific integrated operating room market is segmented into software and services. Software segment followed by services is accounted for the largest market share of the component segment in 2020. A surge in the demand for several operating room integration services as it provides productivity improvement, strategic planning, operations, management and organization, orientation and continuing education programs, facility design, and many other benefits is attributed to the segment growth.
INTEGRATED OPERATING ROOM MARKET BY APPLICATION
Major applications covered in the Asia Pacific integrated operating room market are general surgery, orthopedic surgery, cardiovascular surgery, neurosurgery, thoracic surgery and other applications. General surgery segment is accounted for the largest market share in 2020 and is likely to witness rapid growth in the coming years. On the other side, orthopedic surgery followed by cardiovascular surgery segment accounted for second and third largest market share. Increasing hospital admissions, rising elderly population, rising prevalence of cardiovascular diseases are some of the factors that anticipated to propel the segment growth. Moreover, factors such as growing use of cardiology software in the cardiovascular operating rooms to perform cardiac surgeries more accurately and increasing adoption of machine learning and AI technologies in cardiology field is boosting the market growth.
INTEGRATED OPERATING ROOM MARKET BY END USER
Major end users of the Asia Pacific integrated operating room market are hospitals and ambulatory surgery centers clinics. Hospitals segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period. However, ambulatory surgery centers clinics segment also witnessing rapid growth. Rising investment by the region’s hospitals and other healthcare facilities to improve hospital infrastructure and growing partnership by the market players with many hospitals in the field of integrated operating rooms is likely to contribute to the segment growth.
INTEGRATED OPERATING ROOM MARKET BY COUNTRY
Country wise, the study is comprised of the key countries such as China, Japan, India, and rest of APAC. China held the largest market share of Asia Pacific integrated operating room market and is likely to dominate the market over the estimated time frame. Rapid growth of the old age population and rising prevalence of neurological disorders such as cerebral aneurysm, carotid stenosis, etc. is expected to make more demand for integrated operating rooms in near future. Additionally, the improving quality of healthcare infrastructure is anticipated to strengthen Chinese manufacturers’ role both in local and international markets.
INTEGRATED OPERATING ROOM MARKET KEY PLAYERS
The major key players of market includes Stryker Corporation (United States) , Alvo Medical (Poland), Arthrex, Inc.(United States) , Barco (Belgium), Brainlab AG(Germany) , Caresyntax (Boston), Getinge AB (Sweden) , Karl Storz Se Co. Kg (Germany) , Merivaara Corporation (Finland) , Olympus Corporation (Japan) , Richard Wolf GmbH (Germany) , Skytron(United States) , SONY Corporation (Japan) , Steris PLC (United States) and Trilux Medical GmbH Co. KG (A Subsidiary of Mizuho OSI) (Germany) among others.
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