Transformational Growth Powering the Digital Operating Room Market in the United States and Western Europe

Transformational Growth Powering the Digital Operating Room Market in the United States and Western Europe

Digital Platform, Solutions, and Services Shaping the Future of Surgery

RELEASE DATE
08-Feb-2021
REGION
North America
Deliverable Type
Market Research
Research Code: MF63-01-00-00-00
SKU: HC03380-GL-MT_25167
AvailableYesPDF Download
$4,950.00
In stock
SKU
HC03380-GL-MT_25167

Transformational Growth Powering the Digital Operating Room Market in the United States and Western Europe
Published on: 08-Feb-2021 | SKU: HC03380-GL-MT_25167

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Hospitals are under extreme pressure to reduce or cut costs and become more profitable. Operating rooms (ORs) drive approximately 60% of revenue in the average hospital. The most critical hospital issues entail finding new methods to reduce human errors and improve efficiency and quality of surgical care. New technology is now available to help hospitals reduce operation risks while maximizing their return on OR efficiencies. Currently, the major challenges for the adoption of the digital Operating Room OR, apart from the obvious need for financial investments, include the need for interoperability, the risk of cybersecurity, and the lack of expert resources. A detailed, comprehensive solution set needs to be formulated for the hospital as a strategy; parts of the plan may be implemented in phases, keeping the systems open and inter-operable for future solutions to be easily integrated. Frost & Sullivan believes that the current generation of younger professionals will soon make up the majority of the global healthcare workforce and deliver the changes that are needed to ensure healthcare systems are as effective as possible. Value-based care being the priority, Frost & Sullivan believes that technology will help transform delivery, improve patient care, provide work satisfaction and drive value-based care. It presents a platform to address the high costs and waste that destabilize budgets. This study presents a detailed analysis of the current state and future opportunities in the digital OR market.

Author: Bejoy Daniel

Why is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on the Digital Operating Room Industry

Executive Summary—What Keeps Hospital CEOs Awake at Night

Growth Opportunities Fuel the Growth Pipeline Engine™

The Changing Healthcare Ecosystem

Factors Shaping the Future of Medical Technology Industry

Evolving Medical Device Service-based Business Model

Market Trends with Healthcare IT

Challenges in the Operating Room—An Important Profit Center

Digital OR and Operational/Patient Flow Management

Digital Operating Room—Critical Pain Points

Digital Operating Room—Scope of Analysis

Digital Operating Room—Complexity and Process

Segmentation

Segmentation (continued)

Key Competitors for Digital Operating Room

Key Growth Metrics for Digital Operating Room

Growth Drivers for Digital Operating Room

Growth Restraints for Digital Operating Room

Forecast Assumptions—Digital Operating Room

Revenue Forecast—Digital Operating Room

Revenue Forecast by Product—Digital Operating Room

Revenue Forecast by Region—Digital Operating Room

Forecast Analysis—Digital Operating Room

Forecast Analysis by Region—Digital Operating Room

Pricing Trends and Forecast Analysis—Digital Operating Room

Competitive Environment—Digital Operating Room

Defining Healthcare Trends for the Future OR

Defining Healthcare Trends for the Future OR (continued)

Top Findings—CEO’s Perspectives on Growth, Innovation, and Leadership

Present Trends—OR Management in the Digital Operating Room

OR Management Solutions—Overview

Key Objectives for Stakeholders for ORs

Key Growth Metrics for OR Management Solutions

Revenue Forecast—OR Management Solutions

Forecast Analysis—OR Management Solutions

Revenue Forecast by Product—OR Management Solutions

Forecast Analysis by Product—OR Management Solutions

Revenue Forecast by Region—OR Management Solutions

Forecast Analysis by Region—OR Management Solutions

Benefits of Medical Device Data Interoperability

Penetration Analysis—US

Penetration Analysis—Western Europe

Competitive Environment—OR Management Solutions

Revenue Share Analysis—OR Management Solutions

Strategic Imperatives for Growth

Present Trends—OR Integration in the Digital Operating Room

OR Integration Systems—Overview

Clinical Workflow Overview—Electronic Documentation

Challenges of OR Services and Design

OR Integration—Levels of I-ORs

Key Growth Metrics—OR Integration Systems

Revenue Forecast—OR Integration Systems

Unit Shipment Forecast—OR Integration Systems

Forecast Analysis—OR Integration Systems

Forecast Analysis—OR Integration Systems (continued)

Forecast Analysis—OR Integration Systems (continued)

Revenue Forecast by Product—OR Integration Systems

Forecast Analysis by Product—OR Integration Systems

Revenue Forecast by Region—OR Integration Systems

US Breakdown

Penetration Analysis—United States

Western Europe Breakdown

Penetration Analysis—Hospital Device Connectivity: Western Europe

Competitive Environment—OR Integration Systems

Revenue Share—OR Integration Systems

Revenue Share Analysis—OR Integration Systems

Device Connectivity Across the Clinical Landscape

Key Connectivity Vendors

Key Connectivity Vendors Segmentation

Futuristic Roadmap—Medical Device Connectivity

Five Growth Opportunities Critical for Future Success

Strategic Imperatives for Growth

Overview of Operating Room and Surgical Volumes

Present Trends—Surgical Simulation in the Digital Operating Room

Surgical Simulation—Overview

Key Growth Metrics—Surgical Simulation

Revenue Forecast—Surgical Simulation

Unit Shipment Forecast—Surgical Simulation

Forecast Analysis—Surgical Simulation

Revenue Forecast by Region—Surgical Simulation

Competitive Environment—Surgical Simulation

Revenue Share—Surgical Simulation

Revenue Share Analysis—Surgical Simulation

Augmented Reality and Virtual Reality in Healthcare

Challenges to VR/AR Adoption

Timeline for Adoption

Strategic Imperatives for Growth

Digital Operating Room—Intra-operative Viewing Interactive Equipment

Present Surgical Navigation Trends in the Digital Operating Room

Surgical Solutions—Overview

Key Growth Metrics—Surgical Solutions

Revenue Forecast—Surgical Solutions

Unit Shipment Forecast—Surgical Solutions

Forecast Analysis—Surgical Solutions

Revenue Forecast by Region—Surgical Solutions

Forecast Analysis by Region—Surgical Solutions

Competitive Environment—Surgical Solutions

Revenue Share—Surgical Solutions

Trends Impacting the Future of Surgical Services

Connectivity in Surgery—Future Use Cases

Strategic Imperatives for Growth

Transformation in the Medical Device Industry Ecosystem

Growth Opportunity 1: AI for Robotic Surgery for Predicting Surgical Outcomes and Minimizing Variability, 2020

Growth Opportunity 1: AI for Robotic Surgery for Predicting Surgical Outcomes and Minimizing Variability, 2020 (continued)

Growth Opportunity 2: Tele-surgery Enabled with Digital Connectivity Eliminating Latency, 2020

Growth Opportunity 2: Tele-surgery Enabled with Digital Connectivity Eliminating Latency, 2020 (continued)

Growth Opportunity 3: Collaborations and Partnerships as Vendors Aim to Deliver Specific and Comprehensive Services, 2020

Growth Opportunity 3: Collaborations and Partnerships as Vendors Aim to Deliver Specific and Comprehensive Services, 2020 (continued)

Growth Opportunity 4: Achieving Operational Efficiencies Through Digital Technology

Growth Opportunity 4: Achieving Operational Efficiencies Through Digital Technology (continued)

Growth Opportunity 5: Collaboration Amongst Operating Rooms and to the Classrooms

Growth Opportunity 5: Collaboration Amongst Operating Rooms and to the Classrooms (continued)

Growth Opportunity 6: Compatibility and Future Proofing of Operating Rooms

Growth Opportunity 6: Compatibility and Future Proofing of Operating Rooms (continued)

Key Conclusion and Future of Digital

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

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Impacting your company's future growth potential.

Hospitals are under extreme pressure to reduce or cut costs and become more profitable. Operating rooms (ORs) drive approximately 60% of revenue in the average hospital. The most critical hospital issues entail finding new methods to reduce human errors and improve efficiency and quality of surgical care. New technology is now available to help hospitals reduce operation risks while maximizing their return on OR efficiencies. Currently, the major challenges for the adoption of the digital Operating Room OR, apart from the obvious need for financial investments, include the need for interoperability, the risk of cybersecurity, and the lack of expert resources. A detailed, comprehensive solution set needs to be formulated for the hospital as a strategy; parts of the plan may be implemented in phases, keeping the systems open and inter-operable for future solutions to be easily integrated. Frost & Sullivan believes that the current generation of younger professionals will soon make up the majority of the global healthcare workforce and deliver the changes that are needed to ensure healthcare systems are as effective as possible. Value-based care being the priority, Frost & Sullivan believes that technology will help transform delivery, improve patient care, provide work satisfaction and drive value-based care. It presents a platform to address the high costs and waste that destabilize budgets. This study presents a detailed analysis of the current state and future opportunities in the digital OR market. Author: Bejoy Daniel
More Information
Deliverable Type Market Research
No Index No
Podcast No
Author Bejoy Daniel
Industries Healthcare
WIP Number MF63-01-00-00-00
Keyword 1 digital operating room
Keyword 2 operating room integration market
Keyword 3 digital OR market
Is Prebook No
GPS Codes 9564-B1,9575-B1,9600-B1,9612-B1,9A47-B1,9A48-B1,9A4B-B1