Latest Trends in the U.S. Video, High-Tech and Integrated OR Equipment market

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iData Research, the leading global authority in medical device and pharmaceutical market research, has published a new report series for the U.S. Video, High-Tech and Integrated OR Equipment Market. The U.S. video, high-tech and integrated OR equipment market includes video systems, digital image capture devices, integration hubs/routers/racks, surgical microscopes and other capital equipment used in the medical industry. The fastest growing areas of the video, high-tech and integrated OR equipment market is expected to be picture archiving system (PACS) monitors and image capture and recording devices. The continuing need for integration and the introduction of new technologies is expected to drive the value of this market to over $2.3 billion by 2020, with Stryker, Karl Storz, and STERIS leading the way.

One of the main trends driving the use of U.S. Video, High-Tech and Integrated OR Equipment is surgical camera systems. As more ORs become integrated, this will drive the growth in other markets such as PACs monitors, surgical cameras, image capture and recording devices, as well as surgical monitors. A direct example is the installation of hybrid rooms; this will have the largest impact on these markets since these rooms require more equipment than traditional integrated ORs.

The conversion of digital devices to HD format prior to 2010 resulted in a market surge growth rate. However, this is no longer such a strong driving force.  As a result, new technologies along with natural market growth will drive these markets. In 2013, the U.S. market for video, high-tech and integrated OR equipment exceeded $1.8 billion. By 2020, the total market for video, high-tech and integrated OR equipment will be valued at almost $2.3 billion. The surgical boom market will experience steady growth due to increasing demand for booms in the ICU. Overall, growth is expected to continue over the forecast period, driven by technological advancements and the increasing desire for OR integration.

Video, High-Tech and Integrated OR Equipment Market, U.S. 2010 – 2020

Surgical Camera System Market

The total market value includes camera heads and camera control units (CCUs). Leading this market is Stryker. The company offered products in every segment and was the market leader in five of the segments. 

The Surgical Camera System Market experienced an increase in 2013; however beginning in 2012, conversion to HD systems was no longer the key market driver in the surgical camera market. As a result, the market experience slowed growth rates and a shift to different market drivers. The market is expected to reach almost $440 billion by 2020.

iData’s comprehensive report series for U.S. Video, High-Tech and Integrated OR Equipment Market –  include the latest data, market analyses and competitor profiles. Main segments include U.S. surgical lighting market, surgical boom, surgical table, insufflation, and surgical microscope.

For a free report synopsis, click here.