Video, High-Tech and Integrated Operating Theater Market Report Suite | Europe | 2016-2022 | MedSuite
The video, high-tech and integrated operating theater equipment market includes integrated and hybrid operating theater (OT) components, camera systems, image capture devices, surgical displays, PACS monitors, light sources, headlights, lighting, booms, surgery tables and surgical microscopes. High demand for OT integration will be the primary driver for all markets directly correlated, such as integration components, image capture devices, booms and lighting and surgery tables.
- Year: 2016
- Scope: 2012-2022
- Region: Europe
- Published Date: 2/1/2016
- Pages: 374
- Type: MedSuite
The largest segment in the market for video, high-tech and integrated OT equipment was surgery cameras, which constituted 27.2% of the total market. The second largest segment was surgical tables, accounting for 21.3% of the total market, and was followed by the surgical microscope market, which made up 12.4% of the total market. Integrated OT components represented only 4.8% of the total market; however, this is because the integrated OT segment only includes centralized router/hub/rack components and does not encompass other devices that may be included in an integrated OT.
An integrated OT is an operating theater that has an ergonomically designed and purposefully built system that increases efficiency in order to reduce procedure time and improve surgery success rates. An integrated OT is also designed to include video, lighting, recording and information sharing equipment integrated via a central integration component. Equipment such as surgical lighting, surgical displays, picture archiving and communication system (PACS) monitors, surgical booms and surgical tables are also regularly found inside OTs and are therefore included as a part of the cost of a new, fully integrated OT setup. In addition, surgical camera systems and related equipment such as light sources, surgical headlights and image capture devices are an integral part of a modern OT. Hybrid OTs are newer, specialized integrated OTs that feature large UHD displays and a fixed imaging system that is integrated to an advanced surgical table, which supports a variety of different procedures.
There is high demand for high level integration in OTs throughout Europe, especially for the newer hybrid suites. These multipurpose rooms come equipped with many of the state-of-the-art products in the market today such as fixed imaging systems, image guided surgical tables and large 8 megapixel displays. Overall, growth is expected to continue over the forecast period, driven by technological advancements and the increasing desire for OT integration.
The full report suite on the European market for video, high-tech and integrated operating theater market includes integrated operating theaters, hybrid operating theaters, surgical camera systems, digital image capture and recording devices, surgical displays, surgical light sources, surgical headlights, surgical lighting, surgical booms, surgery tables, surgical microscopes and PACS monitors.
Over the forecast period, the market for video, high-tech and integrated OT equipment will grow s a result of increased demand for ergonomic efficiency within the OT environment. As more OTs become integrated, this will drive the growth in other markets such as surgical displays, surgical booms, as well as integrated OT components. The installation of hybrid rooms will have the largest impact on these markets since these rooms require more equipment than traditional integrated OTs.
This report also includes an analysis of other factors and trends that have positively and negatively impacted the market.
Video, High-Tech and Integrated Operating Theater Market Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2022, and Historical Data to 2012
- Market Drivers & Limiters for Each Device Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- Related Press Releases from Top Competitors
Video, High-Tech and Integrated Operating Theater Companies Analyzed
Karl Storz was the market leader in the European markets despite losing significant market share over the past several years. The company led six of the eleven market segments due to its ability to offer bundled deals. As the demand for digital integration and HD technology continues to increase across Europe, Karl Storz is expected to maintain a strong presence in the market.
MAQUET was also a major competitor in the total market in 2015 due to the company’s dominant position in the surgery table segment. Due to tighter budgetary constraints in hospitals across Europe, there is a constant search for ways to cut expenses. One such method of reaching these budgetary goals is by purchasing highly specialized table such as orthopedic tables, and MAQUET is considered the gold standard in this regard.
Stryker, the market leader in the U.S., was a strong competitor in the European markets in 2015 due to the company’s aggressive pricing and breadth of product offerings, as well as the low exchange rate of the U.S. dollar in 2015.
Other companies researched in this report include Olympus, Carl Zeiss, Leica Microsystems, Draeger Medical, Richard Wolf, STERIS/Black Diamond, Smith & Nephew, Starkstrom, ConMed Linvatec, KLS Martin, and Eschmann.
iData’s 9-Step Research MethodologyOur 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.
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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.
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