Operating Room Management Market

Report Description
Table of Contents

Report Description

The global operating room management market size is estimated to be USD 2,917.2 million in 2021 and is expected to witness a CAGR of 16.74% during the forecast period. Increasing emphasis on cost control and efficiency improvement in hospitals, growing adoption of EHRs and other HCIT solutions, favourable government support and initiatives for healthcare industry, redevelopment projects and availability of funding to promote operating room infrastructure are the major drivers in the market. However, the high pricing and maintenance costs of ORM software, interoperability issues, and lack of skilled surgeons in integrated operating rooms in the global market are hindering the market growth.

Global Operating Room Management Market Size (USD Million), 2021-2029

Source: Erevna Healthcare

By Component

On the basis of component segment, the market is divided software and services. The software component segment is expected to account for the largest market share in 2021. This is due to the large number of software development players and increasing adoption of automation of infrastructure in healthcare centres. The services is anticipated to grow at the highest CAGR during the forecast period owing to rise in adoption of ORM software globally.

By Solution

Based on solution, the market is segmented in data management & communication, anaesthesia information management, operating room supply management, operating room scheduling, performance management, and other solutions. Data management & communication solutions segment accounted for the largest share of the operating room management market in 2021 due to the benefits such as easy sharing the patient status with other teams in perioperative care phases, tracking of the schedule compliance, and sharing of the media and information related to cases within different operating rooms or external hospital departments.

By Delivery Mode

On the basis of delivery mode, the market is categorized into on premise solutions and cloud based solutions. The cloud-based delivery mode segment is accounted for the largest revenue share in 2021 and is also projected to lead the market by growing at the fastest CAGR during the forecasted period. This growth is due to benefits such as large data storage availability, scalable computing power, machine-learning capabilities, and faster data transfer between organizations of cloud platforms.

By End User

Based on end-users, the global market is divided into ambulatory surgery centres and hospitals. The hospitals segments are accounted for the largest share of the global operating room management market in 2021 owing to the increasing demand for growing surgical procedural volumes in hospitals, effective disease management, and the increasing number of hospitals being set up in developing countries.

Regional Insights

North America was the dominating region in the operating room management global market in 2021 and is projected to maintain its domination during the forecast period. The reason for this market share is due to the existence of a large number of well-established market players, a rapid increase in the investments, and proclivity toward minimally invasive methods in the region are projected to reinforce market growth in the future. The Asia Pacific is estimated to grow at the fastest growth rate during the forecast period owing to the growing aged population in many countries of this region. Easy availability of raw material, less stringent government regulations has resulted in this region being a very promising market for the prominent players in the operating room management market.

Competitor Insights

Some of the major companies in the market are Epic Systems Corporation (U.S.), Cerner Corporation (U.S.), MEDITEC (U.S.), McKesson Corporation (U.S.), GE Healthcare (U.S.), Surgical Information Systems (U.S.), Picis Clinical Solutions (U.S.).Investment in R&D, novel product launches, and strategic collaborations & acquisitions are some of the major strategies adopted by the leading players operating in the industry.

This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The operating room management market report is categorized into the following segments and subsegments: