Health & Safety Industry Today

ASIA PACIFIC INTEGRATED OPERATING ROOM MARKET FORECAST 2020-2028

The Asia Pacific integrated operating room market is expected to register a CAGR of 12.00% over the forecast period of 2020-2028.
Published 07 April 2020
KEY FINDINGS
The Asia Pacific integrated operating room market is expected to register a CAGR of 12.00% over the forecast period of 2020-2028. One of the significant factors augmenting the market growth in the region is an increase in healthcare expenditures.

MARKET INSIGHTS
The integrated operating room market of Asia Pacific is further researched by segmenting the region into countries such as China, Indonesia, Australia & New Zealand, India, Thailand, Japan, Vietnam, South Korea, and the rest of Asia Pacific including countries like Singapore, Nepal, Malaysia, Bhutan, and others. In South Korea, Olympus Korea launched its integrated operating room system in early 2017. The system aptly connects video processors, electrosurgical devices, surgical lights, and operating tables, among others. Thailand is self-reliant in health-care workforce production with high-quality standards. In 2016, Thailand’s healthcare expenditure was 3.51% more than in 2015. Bumrungrad International Hospital located in Bangkok has specialty centers like cancer treatment, labor and delivery, cosmetic and robotic surgery, and others equipped with integrated operating rooms. All these factors are driving the market in Thailand.

The growing development of the integrated operating room, along with the increase in the healthcare expenditure, is expected to propel the market in Vietnam. The healthcare in the rest of Asia Pacific is improving owing to awareness and surge in disposable income. Another significant factor in the region is the growth of medical tourism. Patients from all over the world travel to countries such as Malaysia, Nepal, and Singapore as a result of the availability of quality treatment of critical diseases, and the low cost of treatments. As a result, a number of healthcare providers are investing in new operating room equipment in the region.

COMPETITIVE INSIGHTS
Dragerwerk, Barco, Eizo Corporation, Barco N.V, Koninklijke Philips N.V, etc. are some of the renowned companies operating in the market.
 

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