Operating Room Management Market - Global Industry Size, Share, Analysis and Forecast 2023 – 2030
Operating Room Management Market
Operating room management, also knowing as OR/OT management is a tool
that manages surgeon schedules and specialized reporting of scheduling
activities such as anesthesia information management solutions, operating room
supply management solutions, and others, providing enhanced web access for
remote viewing of this data.
This tool delivers immediate benefits to hospitals, including enhanced
communication with remote physicians and increased accuracy of schedules
meeting the HIPAA requirements. Moreover, the OR management tool offers the
convenience of viewing the details, without cumbersome hardware or extra IT
support.
Operating room management tools have the potential to give hospitals and
their supply chain leaders insights into how to reduce their costs and automate
their processes. These tools could bring a potential savings of almost 18
percent. Hospitals are eager to adopt these data-driven tools that can improve
the management of their assets – physical, monetary, etc. and hence these tools
are the most sought-after management capabilities.
Perceiving a widened uptake and demand across the state-of-the-art
healthcare facilities, the operating room management tool is expected to gain
market prominence as well. OR/OT management tool market is
well-established space that it growing pervasively.
The Operating Room Management market industry is projected to
USD 4.90 billion by 2030, exhibiting a compound annual growth rate (CAGR) of
10.10% during the forecast period.
Additional factors substantiating the market growth include concerns
over growing healthcare costs, pricing pressures on hospitals, growing
healthcare infrastructure and the growing number of upgradation or
redevelopment activities. On the other hand, factors such as initial investment
cost associated with the OT management tool are impeding the growth of the Operating
Room Management Market.
Major Key
Players:
The Operating Room Management Market Players include Cardinal Health, Getinge
AB, Omnicell, Inc., TECSYS Inc., HCA Healthcare, Medtronic plc, Healthcare IQ,
Siemens, Becton, Owens & Minor Medical, Inc., Dickinson and Company, Mizuho
OSI, and Merivaara, EIZO Corporation.
Segment Analysis
The MRFR analysis is segmented into four key dynamics
for enhanced understanding.
By
Solutions : Data Management &
Communication Solutions, Anaesthesia Information Management Solutions, Operating Room Supply Management
Solutions, Scheduling Solutions, operating room management software, Pre-&
Post-Operative Management Solutions, and Climate Solutions among others.
By Deployments : On-premise, and On-cloud.
By End-Users :
Hospitals (large 300 beds, and small), Ambulatory Surgical Units, among others.
By Regions
: North America,
Europe, APAC, and the Rest-of-the-World.
Regional Analysis
North America possesses the
largest market share due to huge investment transpired in R&D activities in
healthcare and strong economic conditions. Increasing number of surgeries,
rising popularity of operating room management tool will boost the growth of
the market over the forecast period.
The US backed by the widened
uptake of new technologies, the presence of well-developed hospital
infrastructure and the largest number of multi-specialty hospitals available in
the region drives the market growth in the region.
Europe accounts for the
second-largest market for operating room management followed by the Asia
Pacific on account of availability of funds for research and development
activities and growing emphasis on the research in healthcare domain. Germany,
France, and the UK among the other European countries account for the largest
contributor to the growth.
The Asia Pacific is emerging as
one of the lucrative markets for operating room management demonstrating the
fastest growth owing to the proliferation of the technology. Additionally,
India, China, and Japan have increased their investments in research and
development of the healthcare sector.
The Middle East & Africa own
the least share in the global Operating Room Management Market due to the
technological incompetency, lack of availability of skilled labor and poor
economic condition in medical facilities, especially in Africa.
However, the GCC countries are
expected to generate strong growth owing to the well-proliferated healthcare
sector in the Middle East region and the development of large hospitals and
healthcare facilities.
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