India Operating Room Integration Market Size & Outlook
India operating room integration market, 2018-2030 (US$M)
Related Markets
India operating room integration market highlights
- The India operating room integration market generated a revenue of USD 156.7 million in 2023 and is expected to reach USD 319.3 million by 2030.
- The India market is expected to grow at a CAGR of 10.7% 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 156.7 million |
| Market revenue in 2030 | USD 319.3 million |
| Growth rate | 10.7% (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, India accounted for 8.2% 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 Asia Pacific, China operating room integration market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 16.4 million by 2030.
Software was the largest segment with a revenue share of 52.46% in 2023. Horizon Databook has segmented the India operating room integration market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The India operating room integration market is driven by the advent of Augmented Reality (AR), robotics, and Artificial intelligence (AI) in ORs, rapidly improving healthcare infrastructure, increasing volume of surgical procedures, and growing popularity of minimally invasive surgeries.
In addition, increasing investments by the government of the country to improve healthcare reforms is anticipated to propel market growth over the forecast period.
The establishment of integrated ORs in the country was started few years ago. For instance, the country inaugurated its first integrated OR at the Narayana Hrudayalaya in September 2011. This establishment demonstrates integrated ORs in hospitals since long, which further drives the market.
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Operating Room Integration Market Scope
Operating Room Integration Market Companies
| Name | Profile | # Employees | HQ | Website |
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India operating room integration market size, by components, 2018-2030 (US$M)
India Operating Room Integration Market Outlook Share, 2023 & 2030 (US$M)
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