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The Operating Room Management Market Size was valued at USD 2.18 billion in 2023, and is expected to reach USD 5.83 billion by 2032 and grow at a CAGR of 11.56% over the forecast period 2024-2032.
Operating room administration entails the use of software-based solutions to ensure that operating rooms run smoothly and efficiently. Multiple problems have become more prevalent as the world's senior population has grown. To combat this, operating rooms around the world are focusing on increasing cost-effectiveness and efficiency. The concentrate on the overall working room the board market gives a thorough investigation of the business. The exploration incorporates an intensive assessment of key market sections, patterns, drivers, limitations, cutthroat scene, and other significant factors.
The science of operating room administration focuses on the efficient management of operating room suites. Operating Rooms (ORs) are a critical hub in a hospital, and their resources must be managed effectively to maintain high-performance output and patient safety.
DRIVERS
In hospitals, there is a growing emphasis on cost containment and efficiency improvement.
EHRs and other HCIT solutions are becoming increasingly popular.
Supportive government policies and initiatives in the healthcare field
Projects for redevelopment and investment to promote OR infrastructure
RESTRAINTS
ORM software is expensive to purchase and maintain.
Issues concerning interoperability
OPPORTUNITIES
Emerging markets and growing medical tourism
Technological advances in hospitals
CHALLENGES
Incorporated operating rooms have a scarcity of experienced surgeons.
Healthcare providers are being merged.
IMPACT OF COVID-19
The COVID-19 pandemic has unleashed ruin on many individuals' lives and organizations for a monstrous scope. However, if there is one area that has benefited from this catastrophe, it is the healthcare IT sector. While many businesses are struggling to stay afloat, those who have chosen operating room management solutions are doing just well. The pandemic has resulted in a temporary restriction on elective surgeries all over the world, resulting in elective surgery cancellations all over the world. According to a paper issued by CovidSurg Collaborative experts, roughly 28 million procedures were cancelled around the world during the COVID-19 pandemic's peak interruption period of 12 weeks.
Hospitals are extending OR hours and concentrating on greater OR utilisation to deal with the rising surgery loads. The ORM programming business sector will profit from the COVID-19. It will boost ORM software usage because most hospitals would now focus on improving capacity by leveraging technology to boost efficiency.
By Component Type
Software and services make up the operating room management market. The software category is likely to dominate the market. Moreover, during the projection period, this category is expected to increase at the highest CAGR. The expanding installation of ORM software is responsible for the big share and rapid expansion.
By Solutions Type
Data and communication management solutions, anesthesia management systems, workplace management solutions, operating room planning solutions, performance management solutions, and other solutions are all part of the solution phase. Because of the advantages such as easy sharing of patient status in patient care sections, schedule compliance, and sharing of media and information related to cases within separate operating rooms or outpatient departments, data management and communication solutions account for the largest component of the operating room management market.
By Delivery Mode
On-premise solutions, cloud-based solutions, and web-based solutions are the three categories in which the market is divided. During the projection period, the market for cloud-based solutions is predicted to grow at the fastest rate. This segment's rapid expansion is due to benefits such as scalable data storage, scalable processing power, machine-learning capabilities, and speedier data movement between cloud platforms' enterprises.
By End User
Hospitals and surgical centers are two types of services on the market. Due to the growing need for effective disease management, the increasing number of surgical procedures in hospitals, and the growing number of hospitals established in developing countries, hospitals are a major part of the global market for operating room operating systems.
KEY MARKET SEGMENTATION:
By Component Type
Software
Services
By Solutions Type
Data management and communication solutions
Anesthesia information management systems
Operating room supply management solutions
Operating room scheduling solutions
Performance management solutions
By Delivery Mode
On-premise solutions
Cloud-based solutions
By End User
Hospitals
Ambulatory surgery centers
Because of the speedier adoption of new technologies, the presence of well-developed hospital infrastructure in the United States and Canada, the highest number of multi-specialty hospitals, and other factors, North America, led by the United States, commands the largest market share. Europe is the second largest market, with Germany, France, and the United Kingdom leading the way.
Japan, China, and India are expected to expand at the quickest CAGR in the Asia Pacific area. Due to weak social and economic conditions, particularly in Africa, the Middle East and African region is predicted to grow at a slow pace. The Gulf economy, on the other hand, are predicted to grow rapidly due to the region's faster expansion of healthcare and the creation of big hospital complexes like the King Fahd hospitals in Riyadh.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
KEY PLAYERS:
Some of the major key players of Operating Room Management Market are as follows: Arthrex, Inc., Barco, Care Syntax, Braiblab AG, Dragerwerk AG & Co. KGaA, Getinge AB, Olympus, Stryker, KARL STORZ SE & CO. KG, Steris and Other Players.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 2.18 Billion |
| Market Size by 2032 | USD 5.83 Billion |
| CAGR | CAGR of 11.56% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Component Type (Software, Services) • By Solutions Type (Data management and communication solutions, Anesthesia information management systems, Operating room supply management solutions, Operating room scheduling solutions, Performance management solutions) • By Delivery Mode (On-premise solutions, Cloud-based solutions) • By End User (Hospitals, Ambulatory surgery centers) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Arthrex, Inc., Barco, Care Syntax, Braiblab AG, Dragerwerk AG & Co. KGaA, Getinge AB, Olympus, Stryker, KARL STORZ SE & CO. KG, and Steris. |
| Drivers | • In hospitals, there is a growing emphasis on cost containment and efficiency improvement. • EHRs and other HCIT solutions are becoming increasingly popular. • Supportive government policies and initiatives in the healthcare field • Projects for redevelopment and investment to promote OR infrastructure |
| Restraints | • ORM software is expensive to purchase and maintain. • Issues concerning interoperability |
Ans: The Operating Room Management Market size is expected to reach USD 5.83 Bn by 2032.
Ans: The Operating Room Management Market is to grow at a CAGR of 11.56% over the forecast period 2024-2032.
The by Delivery Mode is divided into two sub segments is On-premise solutions, Cloud-based solution.
The challenges faced by Particle Counter market is Incorporated operating rooms have a scarcity of experienced surgeons.
Top-down, bottom-up, Quantitative, Qualitative Research, Descriptive, Analytical, Applied, Fundamental Research.
Table of Contents:
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Operating Room Management Market Segmentation, By Component Type
8.1 Software
8.2 Services
9. Operating Room Management Market Segmentation, By Solutions Type
9.1 Data management and communication solutions
9.2 Anesthesia information management systems
9.3 Operating room supply management solutions
9.4 Operating room scheduling solutions
9.5 Performance management solutions
10. Operating Room Management Market Segmentation, By Delivery Mode
10.1 On-premise solutions
10.2 Cloud-based solutions
11. Operating Room Management Market Segmentation, By End User
11.1 Hospitals
11.2 Ambulatory surgery centers
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Arthrex, Inc.
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Barco
13.3 Care Syntax
13.4 Braiblab AG
13.5 Dragerwerk AG & Co. KGaA
13.6 Getinge AB
13.7 Olympus
13.8 Stryker
13.9 KARL STORZ SE & CO. KG
13.10 Steris.
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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