Europe Integrated Operating Room Market Forecast 2017-2023
KEY FINDINGS Europe has a good market share due to high awareness and good healthcare infrastructure. The global integrated operating room market is poised to grow in 2017-2023. Various reasons for growth of the integrated operating room market are increasing cases of minimally invasive surgeries, clinical decision support systems, advances in healthcare technology and benefits over conventional operating rooms. Integrated operating room is an alternative to conventional operating room with many advance features. An integrated operating room is equipped with latest and advanced medical devices like CT scanners; MRI scanners, C-Arms and these have interconnectivity features through an established communication system. Advantage of having a integrated operating room is the availability of various imaging techniques that prove advantageous for minimally invasive procedures.
Most common procedures that are carried out in an integrated operating room are cardiac and vascular surgeries and neurosurgery. Other surgical procedures that an integrated operating room is used for are thoracic surgery, orthopedic surgery, laparoscopic surgery and emergency surgery. Nearly 240 million surgeries are carried out annually across the globe and these include endoscopy, neurosurgery, cardiac catherizations, laparoscopic surgery etc.
Integrated operating room market is segmented on the basis of geography, device and application. There are various kinds of devices that are used in an integrated OR. These are classified as operating tables, operating room lights, surgical imaging displays, surgical booms, intraoperative diagnostic devices and communication systems. Operating tables can be either mobile or stationary. Operating room lights can be halogens, LEDs or dimmable lights. Intraoperative diagnostic devices are classified as 3D ultrasound, MRI, Computer Tomography, C-Arm X-Ray, infra red imaging systems and computer assisted robotic surgery. Communication systems are visual, audio visual, RFID, PACS and WiFi.
Market Insights Market drivers for integrated operating room are technological advancements like minimally invasive surgery, increasing geriatric population that leads to higher target disease incidence rates, growing healthcare awareness and higher spending power of consumer. Changes in lifestyle lead to higher cases of chronic diseases which require surgery. Geriatric population is growing at a high rate and these people require cardiac surgery the most, leading to market growth in the forecast period. Federal governments and private organizations, all over the world, are increasing investment in this industry to prevent growth of cardiovascular and other lifestyle diseases.
Cardiac surgery and neurosurgery contribute to 60% market share for integrated operating rooms. Intraoperative devices like imaging systems have the highest market share.
Factors that will restrain market growth are high cost of instruments and their maintenance and security concerns about integrated operating rooms.