Canada Operating Room Integration Market Size & Outlook
Canada operating room integration market, 2018-2030 (US$M)
Related Markets
Canada operating room integration market highlights
- The Canada operating room integration market generated a revenue of USD 55.6 million in 2023 and is expected to reach USD 146.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 14.8% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating components in 2023.
- Services is the most lucrative components segment registering the fastest growth during the forecast period.
Operating room integration market data book summary
| Market revenue in 2023 | USD 55.6 million |
| Market revenue in 2030 | USD 146.0 million |
| Growth rate | 14.8% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Barco NV, Draegerwerk AG & Co KGaA, Steris PLC, Karl Storz, Olympus Corp, Arthrex, Stryker Corp, Getinge AB ADR, Alvotech, Skytron, Sony Group Corp, Richard Austin Alloys, Richard Wolf, FUJIFILM Holdings Corp, Hill-Rom, EIZO Corp, Meditech, Zimmer Biomet Holdings Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 2.9% of the global operating room integration market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. operating room integration market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 146.0 million by 2030.
Software was the largest segment with a revenue share of 57.19% in 2023. Horizon Databook has segmented the Canada operating room integration market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The market in Canada is driven by demand for integrated hybrid operating rooms, rising preference for minimally invasive surgeries, and advent of advanced integrated operating rooms. Increased use of digital health products, rise in investments in healthcare, and high demand for efficient healthcare services that focus on improving quality of life are expected to further boost market growth.
In July 2021, the Ontario government invested up to USD 324 million to permit Ontario’s hospitals and community health sectors to operate till late evening and on weekends to accomplish additional surgeries and procedures.
This allowed Ontario’s healthcare system to perform over 67,000 surgeries, thereby addressing the challenge associated with patient wait times owing to COVID-19. Such efforts are expected to improve the adoption of operating room surgical technologies.
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Operating Room Integration Market Scope
Operating Room Integration Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada operating room integration market size, by components, 2018-2030 (US$M)
Canada Operating Room Integration Market Outlook Share, 2023 & 2030 (US$M)
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