https://idataresearch.com/wp-content/uploads/2016/04/ReportIcon-Video-MS.jpg

Operating Room Equipment Market Analysis, Size, Trends | Canada | 2020-2026 | COVID19 | MedSuite

  • Year: 2020
  • Scope: 2016-2026
  • Region: Canada
  • Pages: 241
  • Published Date: 06/25/2020
  • Type: MedSuite

By 2020, the total Canadian operating room equipment market size was valued at $58.4 million, while the OR integration component market was valued at $8 million. The total market value is expected to increase at a compound annual growth rate (CAGR) of 3.6% to approach $74.8 million in 2026.

Throughout this medical market research, we analyzed 30 operating room equipment companies across Canada and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts.

While this MedSuite report contains all the Canadian Operating Room Equipment market data and analysis, each of the market segments is also available as stand-alone MedCore reports. This allows you to get access to only the market research that you need.

DATA TYPES INCLUDED

  • Unit Sales, Average Selling Prices, Market Value & Growth Trends
  • Forecasts Until 2026, and Historical Data to 2016
  • Market Drivers & Limiters for Each Operating Room Equipment market
  • Competitive Analysis with Market Shares for Each Segment
  • Recent Mergers & Acquisitions
  • COVID19 Impact on the Canadian Operating Room Equipment Market
  • Company Profiles, Product Portfolios and SWOT for Top Competitors

Market Value and Industry Trends

Fully integrated operating rooms are predominantly profit centers for hospitals. Increasing the workflow and efficiency not only benefits the patient, but also the hospital and staff. Numerous newer functions, such as archiving, streaming, video conferencing, and workflow enhancement, have become standard facets of integration in recent years.

Canada Operating Room Equipment Market Size by Segment, 2016-2026Hybrid operating rooms take integration to the next level by adding a dedicated fixed imaging system and an advanced image-guided surgical table into the mix. These operating rooms provide versatile solutions that save hospitals critical time and provide flexibility to perform open and minimally invasive surgeries. In the same room, cardiovascular, orthopedic, spine, neurosurgical and vascular procedures can be carried out.

The adoption of 4K-capable devices in the operating room has stimulated significant growth in the integrated operating room market. Hospitals are investing in this technology earlier than anticipated, in order to future-proof their operating rooms, which has resulted in unexpectedly high growth rates for 4K surgical displays and camera systems.

Impact of COVID-19 on the Canadian Operating Room Equipment Market

The worldwide breakout of the novel COVID19 pandemic in late 2019 and early 2020 has disrupted supply and distribution chains for many large healthcare manufacturers, both in Canada and globally. Due to the current situation in most hospitals, replacing capital equipment is not expected to be a high priority throughout this pandemic, as long as the original equipment is still functioning.

Furthermore, sales representatives from many manufacturers currently have limited travel and access to hospitals and other care sites. Not being able to sell, demo or train new devices on-site is expected to have an overall negative impact on the integrated OR market throughout 2020.

Competitive Analysis

Canadian Operating Equipment Market Share LeadersNDS Surgical Imaging (NDSsi) was the leading competitor in the Canadian OR equipment market, due to its leading position in the surgical display segment, the only segment in which the company is active. NDSsi was the first company to introduce flat screen panels in the OR and has since retained its position as the leading competitor, despite losing some share to manufacturers that have recently entered the market.

By 2020, Barco held the second-leading position in the Canadian Operating Room Equipment market, due to its second-leading position in the surgical display segment, the only segment in which the company is active. Unlike some of the other competitors in the surgical display market, Barco is focused on larger, more advanced HD and 4K surgical displays.

Stryker was the third-leading competitor in the Canadian Operating Room Equipment market by 2020. The company offered products in many segments and was the market leader in three of the segments. Its dominance is partly due to the fact that Stryker has been in the business since 1992, meaning that it was first company to enter the integration business.

Segments Covered

Click on each title to view detailed market segmentation.

  • Integrated Operating Room Component Market – MedCore – The chapter contains the in-depth analysis of the Integrated OR Components market.
  • Hybrid Operating Room Market – MedCore – The in-depth analysis of the Hybrid Operating Room Component  market.
  • Surgical Display Market – MedCore – The market is broken down by Display Type into HD and 4K Surgical Displays, and by Display Size.
  • Surgical Headlights Market – MedCore – The in-depth analysis of the Surgical Headlights market.
  • Surgical Lighting Market – MedCore – The in-depth analysis of the Surgical Lighting market.
  • Surgical Boom Market – MedCore – The market is broken down into segments By Device Type, such as Equipment Boom, Anesthesia/Nursing Boom, and Utility Boom device markets.
  • Surgical Tables Market – MedCore –  The market consists of the segments broken down by Application, such as devices for General Surgery, Orthopedic Surgery, and Image-Guided Surgery.

DETAILED MARKET SEGMENTATION

Canadian Operating Equipment Market Segments - p1
Canadian Operating Equipment Market Segments - p2

DON’T SEE THE SEGMENT OR DATA YOU NEED?

Feel free to contact us or send a request by pressing one of the buttons below.

TABLE OF CONTENTS FOR THE CANADIAN OPERATING ROOM EQUIPMENT MARKET

TABLE OF CONTENTS I
LIST OF FIGURES VIII
LIST OF CHARTS XIII
EXECUTIVE SUMMARY 1
CANADIAN OPERATING ROOM EQUIPMENT MARKET OVERVIEW 1
COMPETITIVE ANALYSIS 4
MARKET TRENDS 7
MARKET DEVELOPMENTS 9
MARKETS INCLUDED 10
VERSION HISTORY 11
RESEARCH METHODOLOGY 12
Step 1: Project Initiation & Team Selection 12
Step 2: Prepare Data Systems and Perform Secondary Research 15
Step 3: Preparation for Interviews & Questionnaire Design 17
Step 4: Performing Primary Research 18
Step 5: Research Analysis: Establishing Baseline Estimates 20
Step 6: Market Forecast and Analysis 21
Step 7: Identify Strategic Opportunities 23
Step 8: Final Review and Market Release 24
Step 9: Customer Feedback and Market Monitoring 25

PRODUCT ASSESSMENT

2.1 INTRODUCTION 26
2.2 PRODUCT PORTFOLIOS 27
2.2.1 Integrated Operating Rooms 27
2.2.2 Hybrid Operating Rooms 30
2.2.3 Displays and Monitors 33
2.2.4 Surgical Lighting 35
2.2.5 Surgical Booms 37
2.2.6 Surgical Tables 39
2.3 REGULATORY ISSUES AND RECALLS 42
2.3.1 Alcon 42
2.3.1.1 Surgical Microscopes 42
2.3.2 Brainlab 42
2.3.2.1 Hybrid OR Imaging Systems 42
2.3.3 Canon 43
2.3.3.1 Hybrid Operating Room Imaging Systems 43
2.3.3.2 Surgical Tables 43
2.3.3.3 Hybrid Operating Room Imaging Systems 44
2.3.4 Carl Zeiss 44
2.3.4.1 Hybrid Operating Room Imaging Systems 44
2.3.5 Getinge 45
2.3.5.1 Surgical Lights 45
2.3.6 GE Healthcare 46
2.3.6.1 Image Management Devices 46
2.3.6.2 Hybrid Operating Room Imaging Systems 46
2.3.7 Haag-Streit 48
2.3.7.1 Surgical Microscopes 48
2.3.8 Hitachi 48
2.3.8.1 Hybrid OR Imaging Systems 48
2.3.9 Leica Microsystems 50
2.3.9.1 Surgical Microscopes 50
2.3.10 Pentax 51
2.3.10.1 Image Management Devices 51
2.3.11 Philips 52
2.3.11.1 Hybrid Operating Room Imaging Systems 52
2.3.13 Siemens Healthineers 59
2.3.13.1 Hybrid Operating Room Imaging Systems 59
2.3.14 Stryker 62
2.3.14.1 Surgical Lighting 62
2.3.15 Synaptive 63
2.3.15.1 Displays and Monitors 63
2.3.16 United Imaging 64
2.3.16.1 Hybrid Operating Room Imaging Systems 64

CANADIAN OPERATING ROOM EQUIPMENT MARKET OVERVIEW

3.1 INTRODUCTION 65
3.2 CURRENCY EXCHANGE RATE 66
3.3 MARKET OVERVIEW 67
3.4 TREND ANALYSIS BY SEGMENT 73
3.5 DRIVERS AND LIMITERS 76
3.5.1 Market Drivers 76
3.5.2 Market Limiters 77
3.6 COMPETITIVE MARKET SHARE ANALYSIS 79
3.7 MERGERS AND ACQUISITIONS 85
3.8 COMPANY PROFILES 86
3.8.1 Arthrex 86
3.8.2 Barco 87
3.8.3 EIZO 88
3.8.4 GE Healthcare 89
3.8.5 Getinge 90
3.8.6 Karl Storz 91
3.8.7 NDS Surgical Imaging 92
3.8.8 Olympus 93
3.8.9 Philips Healthcare 94
3.8.10 Siemens Healthineers 95
3.8.11 Skytron 96
3.8.12 Sony 97
3.8.13 STERIS 98
3.8.14 Stryker 99
3.8.15 Toshiba (Canon Medical Systems USA) 100
3.9 SWOT ANALYSIS 101
3.9.1 Arthrex 102
3.9.2 Barco 103
3.9.3 EIZO 104
3.9.4 GE Healthcare 105
3.9.5 Getinge 106
3.9.6 Karl Storz 107
3.9.7 NDS Surgical Imaging 108
3.9.8 Olympus 109
3.9.9 Philips Healthcare 110
3.9.10 Siemens Healthineers 111
3.9.11 Skytron 112
3.9.12 Sony 113
3.9.13 STERIS 114
3.9.14 Stryker 115
3.9.15 Toshiba (Canon Medical Systems USA) 116

OPERATING ROOM INTEGRATION COMPONENT MARKET

4.1 INTRODUCTION 117
4.2 MARKET ANALYSIS AND FORECAST 120
4.3 DRIVERS AND LIMITERS 124
4.3.1 Market Drivers 124
4.3.2 Market Limiters 124
4.4 COMPETITIVE MARKET SHARE ANALYSIS 126

HYBRID OPERATING ROOM MARKET

5.1 INTRODUCTION 131
5.1.1 Hybrid Operating Room Definition 132
5.2 MARKET ANALYSIS AND FORECAST 133
5.3 DRIVERS AND LIMITERS 136
5.3.1 Market Drivers 136
5.3.2 Market Limiters 136
5.4 COMPETITIVE MARKET SHARE ANALYSIS 138

SURGICAL DISPLAY MARKET

6.1 INTRODUCTION 141
6.2 MARKET OVERVIEW 143
6.3 MARKET ANALYSIS AND FORECAST 148
6.3.1 Total Surgical Display Market 148
6.3.2 HD Surgical Display Market 151
6.3.2.1 HD Surgical Display ≤26” Market 156
6.3.2.2 HD Surgical Display ≥31” Market 158
6.3.3 4K Surgical Display Market 160
6.3.3.1 4K Surgical Display ≤32” Market 165
6.3.3.2 4K Surgical Display ≥55” Market 167
6.4 DRIVERS AND LIMITERS 169
6.4.1 Market Drivers 169
6.4.2 Market Limiters 170
6.5 COMPETITIVE MARKET SHARE ANALYSIS 171

SURGICAL HEADLIGHT MARKET

7.1 INTRODUCTION 174
7.2 MARKET ANALYSIS AND FORECAST 175
7.3 DRIVERS AND LIMITERS 178
7.3.1 Market Drivers 178
7.3.2 Market Limiters 178
7.4 COMPETITIVE MARKET SHARE ANALYSIS 180

SURGICAL LIGHTING MARKET

8.1 INTRODUCTION 183
8.2 MARKET ANALYSIS AND FORECAST 184
8.3 DRIVERS AND LIMITERS 187
8.3.1 Market Drivers 187
8.3.2 Market Limiters 187
8.4 COMPETITIVE MARKET SHARE ANALYSIS 189

SURGICAL BOOM MARKET

9.1 INTRODUCTION 193
9.2 MARKET OVERVIEW 195
9.3 MARKET ANALYSIS AND FORECAST 201
9.3.1 Surgical Boom Market 201
9.3.2 Equipment Boom Market 204
9.3.3 Anesthesia/Nursing Boom Market 206
9.3.4 Utility Boom Market 208
9.4 DRIVERS AND LIMITERS 210
9.4.1 Market Drivers 210
9.4.2 Market Limiters 210
9.5 COMPETITIVE MARKET SHARE ANALYSIS 212

SURGICAL TABLE MARKET

10.1 INTRODUCTION 216
10.2 MARKET OVERVIEW 218
10.3 MARKET ANALYSIS AND FORECAST 224
10.3.1 Surgical Table Market 224
10.3.2 General Surgical Table Market 226
10.3.3 Orthopedic Surgical Table Market 228
10.3.4 Image-Guided Surgical Table Market 231
10.4 DRIVERS AND LIMITERS 234
10.4.1 Market Drivers 234
10.4.2 Market Limiters 234
10.5 COMPETITIVE MARKET SHARE ANALYSIS 236

ABBREVIATIONS

The Operating Room Equipment Market Report Suite | Canada | 2020-2026 | MedSuite includes analysis on the following companies currently active in this market:

  • Amico
  • Arthrex
  • Avante Health Solutions
  • Barco
  • BFW
  • Brainlab
  • Cuda Surgical
  • EIZO
  • Enova Illumination
  • FSN Medical Technologies
  • Getinge
  • Heine
  • Hillrom
  • Integra LIfeSciences
  • Karl Storz
  • LG
  • Mitsubishi
  • Mizuho OSI
  • NDS Surgical Imaging
  • OASYS Healthcare
  • Olympus
  • Ronin Surgical
  • Schraerer Mayfield
  • SheerVision
  • Skytron
  • Sony
  • STERIS
  • Stryker
  • Sunoptic Surgical
  • SurgiTel

iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
  • Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.

Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.

Click Here to Read More About Our Methodology