Increasing demand for operating room management solutions to enhance patient care and surgical care efficiency is one of the key factors driving market revenue growth
According to Emergen Research, the global operating room management solutions market size was USD in 2,655.48 million in 2020 and is expected to reach USD 6,645.60 million in 2028 and register a revenue CAGR of 12.1% during the forecast period, 2021-2028.
Market Dynamics:
The global operating room management solutions market revenue growth is majorly attributed to factors such as rising demand for operating room management solutions in healthcare facilities for streamlined operating room workflow, improved surgical care efficiency, increased patient care, and better operating room management. Increasing use of artificial intelligence (AI), predictive analytics, wireless and voice-controlled equipment, and 3D modeling solutions in surgical procedures, rising demand for advanced perioperative services, and increasing government investments in healthcare infrastructure development are other major factors expected to contribute to the global operating room management solutions market revenue growth. Surging need for high surgical turnover, fewer post-operative complications, improved patient health outcomes, and enhanced patient satisfaction has further driven demand for operating room management solutions.
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COVID-19 Impact Analysis:
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Data Management and Communication Solutions Segment Accounted for Largest Revenue Share in 2020:
Based on solution, the data management and communication solutions segment accounted for the largest revenue share in the global operating room management solutions market in 2020. Key factors contributing to the growth of this segment include rising demand for data management and communication solutions for advantages such as easy aggregation and accessibility of healthcare data; precise and patient-centric insights into healthcare data; and improved patient care and safety.
Cloud-based Segment to Account for Fastest Revenue CAGR:
Based on mode of deployment, the cloud-based segment is expected to register the fastest revenue growth rate over the forecast period. Increasing use of cloud-based operating room management solutions in healthcare facilities to access, share, or edit medical data and records remotely, as well as for complete flexibility in providing real-time health updates is a key factor driving revenue growth of this segment. Revenue growth is further driven by rising demand for cloud-based solutions due to advantages such as reduced upfront investments, faster data transfer, and on-demand scalability.
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North America Accounted for Largest Revenue Share in 2020:
Among the regional markets, the North America operating room management solutions market held the largest revenue share in the global market in 2020 due to many favorable factors. Rising investments in operating room management infrastructure, rapid digitization in the healthcare sector, increasing adoption of electronic health record (EHR) solutions, and increasing volumes of surgical procedures are some of the primary factors driving the North America market growth.
Major Companies in the Market Include:
- Cerner Corporation
- Surgical Information Systems LLC
- Epic Systems Corporation
- DXC Technology
- McKesson Corporation
- Steris Corporation
- Brainlab
- Becton, Dickinson and Company
- GE Healthcare
- Picis Clinical Solutions Inc.
For the purpose of this report, Emergen Research has segmented the global operating room management solutions market based on solution, mode of deployment, end-use, and region:
Solution Outlook (Revenue, USD Million; 2018–2028)
- Data management and communication solutions
- Operating room supply management solutions
- Anesthesia information management solutions
- Operating room scheduling solutions
- Performance management solutions
- Others
Mode of Deployment Outlook (Revenue, USD Million; 2018–2028)
- On-premise
- Cloud-based
End-use Outlook (Revenue, USD Million; 2018–2028)
- Hospitals
- Ambulatory surgical centers
- Others
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Region Outlook (Revenue, USD Million; 2018–2028)
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- France
- K.
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Turkey
- Rest of Middle East & Africa
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