Emergen Research has published its latest report titled “Operating Room Management Solutions Market By Solution Type (Data management and communication solutions, Operating room supply management solutions, Anesthesia information management solutions, Operating room scheduling solutions, Performance management solutions), By Mode of Deployment (Ob-premises, Cloud-based), By End-Use (Hospitals, Ambulatory surgical centers), and By Region”
According to Emergen Research, the global operating room management solutions market size was USD 2,192.8 Million in 2019 and is expected to reach USD 5,487.7 Million in 2027 and register a revenue CAGR of 12.1% during the forecast period, 2020-2027.
Market Dynamics:
An operating room (OR), also known as operating theatre, operation suite or operating suite, is a medical facility where surgical procedures are performed in a clean environment. The science of how to handle an operating room suite is known as operating room management. Management of operating rooms with the help of digitalization and electronic health records facilitates effective coordination of material and human resources in such a way that surgery can be performed cost effectively, efficiently, and safely. Integration of advanced technologies, such as robot-assisted surgeries, and growing popularity of minimally invasive surgeries are some key factors expected to drive market revenue growth over the forecast period.
In addition, increasing number of hospitals and surgical centers owing to government initiatives to develop healthcare infrastructure, rising demand for quality healthcare services, increasing incidences of chronic diseases and rising focus on minimizing medical errors, patient readmissions, and operational and administration costs are some factors expected to positively impact operating room management solutions market revenue growth throughout the forecast period. However, high investments required in installation and maintenance, high costs involved in continuous up-gradation of ORM software, maintenance of IT systems and unfavorable government regulations are some factors expected to restrain global operating room management solutions market to a certain extent over the forecast period.
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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 Revenue to Expand at a Rapid CAGR:
Data management and communication solutions segment revenue is expected to expand at fastest CAGR in the operating room management solutions market throughout the forecast period. Data management enables healthcare professionals to maintain record of large volumes of medical data to improve medical outcomes more efficient, and extract patient centric insights that can improve patient care while maintaining data security and privacy.
Cloud-based Segment to Register Significant Revenue Growth:
Cloud-based segment is expected to register significantly larger revenue share over the forecast period due to its advantages in healthcare sector. Cloud-based operating room management solutions simplifies and secures the sharing of medical records (thus providing completely flexibility), automates backend operations (which reduces management cost), and even improves the patient healthcare outcomes through real time updates features.
North America to Account for Largest Revenue Share:
North America is expected to register largest revenue share in the global market during the forecast period due to large scale adoption of electronic health record solutions, increasing volumes of surgical procedures and rising hospital expenditure. In addition, robust presence of healthcare and pharmaceutical companies, and rapid digitization in the healthcare sector are some other factors expected to fuel market revenue growth in the countries namely U.S., Canada, and Mexico of the region over the forecast period.
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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 in terms of solution type, mode of deployment, end-use, and region:
Solution Type Outlook (Revenue, USD Million; 2020–2027)
-
- 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; 2020–2027)
-
- On-premises
- Cloud-based
End-Use Outlook (Revenue, USD Million; 2020–2027)
-
- Hospitals
- Ambulatory surgical centers
- Others
Read Report Description and Table of Contents of Market Report@ https://www.emergenresearch.com/industry-report/operating-room-management-solutions-market
Regional Outlook (Revenue, USD Million; 2020–2027)
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- France
- K.
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Turkey
- Rest of MEA
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