Global OR Communication Market

Report ID : 1381 | Published : 2022-10-04 | Pages: | Format: PDF/EXCEL

The market size of the Global OR Communication Market in the year 2021 is valued at 2.99 billion and is estimated to reach 6.20 billion by the year 2030 at an 8.63% CAGR during the forecast period.

Ideal and effective communication encompasses both verbal and nonverbal forms, and a clear, audible, concentrated message from a transmitter is transmitted to an attentive, undistracted receiver. The communication environment in the healthcare sector is very dynamic and complex, with a wide range of participants, situations, and unique challenges. Surgical checklists and time-out procedures have encouraged using a consistent, "all-hands" approach to overcoming some barriers to effective communication in the operating room. The primary factors driving market development include rising demand for cutting-edge technology, increased surgical procedures, hospital operating room pollution, patient health difficulties in operating rooms (ORs), and increasing complications due to the preference for minimally invasive surgery (MIS). Additionally, the Covid-19 Outbreak has forced market actors to adopt new strategies, speeding up digitization. The pandemic led to changes in operating rooms and surgical procedures: more pre-surgery planning, video conferencing, and remote post-surgical patient contact. For hospitals and operation centres, advancements in AI technology can help increase efficiency and lower costs while also playing a significant role in a comprehensive approach to addressing surgical backlogs. In addition, growing endeavors from the significant market players will introduce novel goods, spurring market expansion.

The high setup costs for patient engagement solutions and the lack of appropriately qualified staff to administer the systems impede industry progress. The low acceptance of operating rooms (ORs) communication solutions has been significantly hampered by their costly installation and maintenance costs. Once installed, this software also needs regular updates to reflect user needs and technological changes, adding to ongoing expenses.

Market Segmentation:

The operating rooms (ORs) communication market is segmented on the basis of type, type of operating room, and end-users. Based on type, the market is characterized by OR communication software (OR Integration Software & Mobile-Based Applications) and OR communication hardware (Intercoms, Printers, Audio-Visual Equipment and Smart Speakers, Fax Machines, Paging Systems and Others). Based on the type of operating room, the market is segmented as integrated OR, digital OR, and hybrid OR. Based on end-users, the market is characterized by hospitals and ambulatory surgical centres.

Based on type, the OR Communication Software segment is accounted as a major contributor in the operating rooms (ORs) communication market.

The software sector commanded the operating room communication market and held the largest revenue share due to the numerous advantages associated with its utilization. Since operating rooms represent an enormous resource and a significant source of revenue for hospitals, they must be utilized effectively. The high degree of complexity that arises from managing room administration necessitates constant process analysis, the use of decision support systems, and an increased need for software that could facilitate the process. To streamline surgical processes and guarantee simplicity of use and efficient operation, these software solutions allow seamless connectivity within the numerous operating rooms (ORs) systems. Companies are also establishing their market presence for operating room communication by implementing ambitious methods to expand their operating room communication portfolio. Additionally, software solutions help clients protect their investments by providing maintenance, regular software upgrades, on-site training, and on-site and remote support.

The hospital category witnessed growth at a rapid rate.

With a significant revenue share, the hospital sector dominated the market for operating room communication, and the considerable penetration of communication operating rooms (ORs) is responsible for this expansion. The hospitals sub-segment accounted for the largest share of the global operating room communication market because of the increased need for better medical care, developing hospitals in developing countries, and higher surgical procedure volumes in hospitals. For doctors to effectively manage their surgical workflow, communication-based operating rooms (ORs) must lessen their stress and complexity due to the vast patient population exposed to chronic diseases.

In the region, the North America OR communication market holds a significant revenue share.

North America to dominate the market in the forecast period. The demand for cheap healthcare facilities, the need to reduce healthcare spending, and the effective incorporation of electronic health records (EHR) by healthcare corporations are vital drivers of regional market growth. Another element influencing the increase of demand for the communication of operating rooms is the appearance of current industry participants, technologically advanced Healthcare information technology (HCIT), and financing to create operating room (ORs) facilities. The functional room communication market in North America is also being driven by the enormous funding resources available for the growth of the healthcare industry, the high adoption of technological advancements, the increase in chronic disease prevalence, the rise in patient visits to doctors, etc.

The operating room communication market in the Asia Pacific is anticipated to expand at the fastest clip during the projected period. Growing populations of patients with chronic illnesses requiring surgical procedures and increased demand for cutting-edge hospital medical equipment are driving growth. The market is fueled by an expanding pool of patients with chronic conditions requiring surgical treatments, increased hospital demand for high-tech medical equipment, increased minimally invasive surgery (MIS) operations, and a quickly developing healthcare infrastructure.

Competitive Landscape

The key players in the OR communication market have shifted their focus towards bio-based components for product manufacturing and are initiating significant strategies such as mergers, acquisitions, and joint ventures of major and domestic players to enhance product portfolios and strengthen their market footprint across the globe. Some of the major key players in the OR communication market are Arthrex, Inc., Ascom Holding AG, Barco NV, Brainlab AG, Cerner Corporation, Diversified, Eizo Corporation, General Electric Company (GE), Getinge AB, Hill-Rom Holdings, Inc., KARL STORZ SE & Co. KG, Olympus Corporation, Richard Wolf GmbH, Steris Plc, Stryker Corporation, and Vocera Communications, Inc.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global OR Communication Market Snapshot

Chapter 4. Global OR Communication Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis

5.1. by Product Type & Market Share, 2019 & 2030

5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Product Type:

5.2.1. OR Communication Software

5.2.1.1. OR Integration Software

5.2.1.2. Mobile-Based Applications

5.2.2. OR Communication Hardware

5.2.2.1. Intercoms

5.2.2.2. Printers

5.2.2.3. Audio-Visual Equipment and Smart Speakers

5.2.2.4. Fax Machines

5.2.2.5. Paging Systems

5.2.2.6. Others

Chapter 6. Market Segmentation 2: by Type of Operating Room Estimates & Trend Analysis

6.1. by Type of Operating Room & Market Share, 2019 & 2030

6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Type of Operating Room:

6.2.1. Integrated OR

6.2.2. Digital OR

6.2.3. Hybrid OR

Chapter 7. Market Segmentation 3: by End-users Estimates & Trend Analysis

7.1. by End-users & Market Share, 2019 & 2030

7.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2030 for the following by End-users:

7.2.1. Hospitals

7.2.2. Ambulatory Care Centers

7.2.3. Others

Chapter 8. OR Communication Market Segmentation 4: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America OR Communication Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2019-2030

8.1.2. North America OR Communication Market Revenue (US$ Million) Estimates and Forecasts by Type of Operating Room, 2019-2030

8.1.3. North America OR Communication Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2019-2030

8.1.4. North America OR Communication Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2030

8.2. Europe

8.2.1. Europe OR Communication Market revenue (US$ Million) by Product Type, 2019-2030

8.2.2. Europe OR Communication Market Revenue (US$ Million) Estimates and Forecasts by Type of Operating Room, 2019-2030

8.2.3. Europe OR Communication Market revenue (US$ Million) by End-users, 2019-2030

8.2.4. Europe OR Communication Market revenue (US$ Million) by country, 2019-2030

8.3. Asia Pacific

8.3.1. Asia Pacific OR Communication Market revenue (US$ Million) by Product Type, 2019-2030

8.3.2. Asia Pacific OR Communication Market Revenue (US$ Million) Estimates and Forecasts by Type of Operating Room, 2019-2030

8.3.3. Asia Pacific OR Communication Market revenue (US$ Million) by End-users, 2019-2030

8.3.4. Asia Pacific OR Communication Market revenue (US$ Million) by country, 2019-2030

8.4. Latin America

8.4.1. Latin America OR Communication Market revenue (US$ Million) by Product Type, 2019-2030

8.4.2. Latin America OR Communication Market Revenue (US$ Million) Estimates and Forecasts by Type of Operating Room, 2019-2030

8.4.3. Latin America OR Communication Market revenue (US$ Million) by End-users, 2019-2030

8.4.4. Latin America OR Communication Market revenue (US$ Million) by country, 2019-2030

8.5. Middle East & Africa

8.5.1. Middle East & Africa OR Communication Market revenue (US$ Million) by Product Type, 2019-2030

8.5.2. Middle East & Africa OR Communication Market Revenue (US$ Million) Estimates and Forecasts by Type of Operating Room, 2019-2030

8.5.3. Middle East & Africa OR Communication Market revenue (US$ Million) by End-users, 2019-2030

8.5.4. Middle East & Africa OR Communication Market revenue (US$ Million) by country, 2019-2030

Chapter 9. Competitive Landscape

9.1. Major Mergers and Acquisitions/Strategic Alliances

9.2. Company Profiles

9.2.1. Arthrex, Inc.

9.2.2. Ascom Holding AG

9.2.3. Barco NV

9.2.4. Brainlab AG

9.2.5. Cerner Corporation

9.2.6. Diversified

9.2.7. Eizo Corporation

9.2.8. General Electric Company (GE)

9.2.9. Getinge AB

9.2.10. Hill-Rom Holdings, Inc.

9.2.11. KARL STORZ SE & Co. KG

9.2.12. Olympus Corporation

9.2.13. Richard Wolf GmbH

9.2.14. Steris Plc

9.2.15. Stryker Corporation

9.2.16. Other Prominent Players

By Type

  • OR Communication Software
    • OR Integration Software
    • Mobile-Based Applications
  • OR Communication Hardware
    • Intercoms
    • Printers
    • Audio-Visual Equipment and Smart Speakers
    • Fax Machines
    • Paging Systems
    • Others

By Type of Operating Room

  • Integrated OR
  • Digital OR
  • Hybrid OR

By End User

  • Hospitals
  • Ambulatory Surgical Centers

By Region-

  • North America-
  • US
  • Canada
  • Mexico
  • Europe-
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific-
  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific
  • Latin America-
  • Brazil
  • Argentina
  • Rest of Latin America
  • Middle East & Africa-
  • GCC Countries
  • South Africa

Rest of the Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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