Global Operating Room Management Market Size, Trends & Analysis with COVID-19 Impact - Forecasts to 2026 By Component (Software, Services), By Solutions (Data Management &Communication Solutions, Anesthesia Information Management Systems, Operating Room Supply Management Solutions, Operating Room Scheduling Management Solutions, Performance Management Solutions, Other Solutions), By Delivery Mode (On-Premise Solution, Cloud-Based Solutions), By End User (Hospitals, Ambulatory Surgical Centers), By Region (North America, Asia-Pacific, Middle East & Africa, CSA, Europe), End-User Landscape and Company Market Share Analysis and Competitor Analysis
Operating Room Management Market Insights
The operating room management market is estimated to grow upwards during the forecast period. The ORM system is designed as such to improve efficiency, patient safety, and performance. The model is implemented through the deployment of managerial models with limited resources. The model reduces the cost of operating, reduces any burden on the hospitals, and leads to better running of the healthcare units. The market is sure to grow through government funding, collaborations among the providers of ORM, and a rise in the adoption levels of health informatics. The growing health informatics market in North America and the rising impact of COVID-19 patients across the globe places the market on a high trajectory growth for years to come.
Operating Room Management Market: By Component
Based on the component, the market considers services and software into being. The software segment would be growing at unprecedented levels during the forecast period. The software solutions aim to automate the tasks of the hospitals such as the patient’s health records, responsibility, and also caters to the software for the anesthesia and management need related to the surgery. Effectively it reduces the costs, easily manages the schedule to curb the overshooting patient demand thus propelling the market and segment demand.
Operating Room Management Market: By Solutions
Based on the solutions, the market considers anesthesia information management solutions, scheduling management solutions, and others into being. The scheduling supply management solutions will be trending upwards in the market. Given the rising need for surgical service which is fuelled by the aging population, the need for the automated scheduling of specific patients also increases. Given the COVID-19 situation, this can prove to be useful for old aged, and cancer patients among others.
Operating Room Management Market: By Delivery Mode
Based on the delivery mode, the market considers cloud and on-premise into being. The cloud solutions would be an accelerator for market growth. The deployment of a cloud-based system potentially cut down the IT costs and also offers scalability. The collaborations among different vendors also render efficiency for the cloud-based system.
Operating Room Management Market: By End User
Based on the end-user, the market considers hospitals and ambulatory surgical centers. The hospital will be the largest user of the ORM system. The hospital’s large budget expenditure and a large pool of labor force will propel the segment growth. As the number of hospitals increases in the Asia Pacific region, and also surgical intervention and procedures increase, the greater the need for the ORM system in the segment.
Operating Room Management Market: By Region
Based on the regional study, the market considers Europe to be a prominent player in the market. With the growing and mature healthcare in the region, rising hospital beds, and the need to overcome health infrastructure costs, operating room management and enhancing the market for suppliers of ORM in the region also promotes the market growth in the region.
Market Share and Competitive Analysis
Key players operating in the market are Omnicell, Evolucare, Onyx, Cerner Corporation, Picis Clinical Solutions, GE Healthcare, Epic Systems Corporation, ADEO, Surgicure Technologies, Medtel, Steris, and Caresyntax among others.
Please note: This is not an exhaustive list of companies profiled in the report.
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The Global Operating Room Management Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Operating Room Management Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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