Operating Room Management Market Size and Share Report 2022: Reach US$5.7 Billion and Grow at a Healthy CAGR of 11.5% During Forecast Period 2022-2028
The Operating Room Management Market provides comprehensive key information on latest trends, research, new technology updates and forecast market estimate study till 2028.
This press release was originally distributed by SBWire
Pune, Maharashtra – (SBWIRE) – 07/16/2022 – Operating Room Management Market Overview and Scope:
By performing more surgeries while using fewer resources, operating room management seeks to maximize operational efficiency. The smooth running of operating rooms is ensured by software solutions, which also serve to increase the overall productivity and efficiency of operating rooms. Multiple problems are more common as the global population of older people grows. The focus is on cost effectiveness and improving efficiency in operating rooms around the world to overcome this problem.
According to SNS Insider’s recent market research report, the operating room management market is expected to reach USD 5.7 billion by 2028, growing at a steady CAGR of 11.5% over the forecast period 2022 -2028.
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Drivers, constraints, opportunities and challenges
Improving the profitability and efficiency of operating rooms is the primary goal worldwide. The operating room management market is driven globally. High investments from government and venture capital, along with benevolent reimbursement policies, are expected to fuel the expansion of the global market. A few of the major market drivers are the development of new technologies such as robot-assisted surgeries, numerous minimally invasive treatments, and a preference for non-invasive surgical procedures.
On the other hand, the high installation and maintenance costs of operating room management technologies are impacting their adoption. The expansion of the global operating room management market is expected to be limited by the high maintenance costs of sophisticated computer systems.
Impact of the COVID-19 pandemic
With many deaths, COVID-19 has generated a serious problem globally. There were many blockages, which slowed down the supply chain. Nevertheless, the market is slowly rebounding since lockdowns were lifted in many places in Q3 2020. Many infrastructure projects have been restarted, and as there are more new infrastructure projects, there will be more opportunities for market players to thrive. .
Operating Room Management Market Segmentation 2022
The operating room management market is expected to be dominated by the software segment in terms of components. The increasing installation of ORM software, combined with the high price of software and other related costs like licenses, are all factors in the share of this segment.
The data management and communication solutions segment is expected to dominate the market over the forecast period, owing to its huge demand and crucial role in effectively controlling operating room expenses.
Based on the end user, the operating room management industry is expected to be dominated by the hospital sector. Since hospitals have multiple operating rooms, both end users have a greater demand for ORM solutions.
By delivery mode, the market is dominated by cloud-based segment lately and is expected to account for maximum market share during the forecast period. Due to features such as the flexibility of reusing current servers and the ease of deploying the disaster recovery system, end customers choose this distribution method.
Major segments and sub-segments of the Operating Room Management Market are listed below:
By component type
By type of solution
– Data management and communication solutions
– Anesthesia information management systems
– OR Supply Management Solutions
– OR planning solutions
– Performance management solutions
By delivery method
– On-site solutions
– Cloud-based solutions
Per end user
– Outpatient surgery centers
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The operating room management market has been dominated by North America for the past few years, and this trend is expected to continue during the forecast period. The prevalence of patients with chronic diseases and the current trend of digitalization in operating rooms are expected to drive the expansion of the regional market. There is a strong healthcare infrastructure in the region. The region’s expansion is expected to be fueled by rising hospital spending, a growing emphasis on initiatives to educate the public about operating room management, and a high volume of operating room procedures.
Competitive Landscape Insights
Some of the major companies operating in the OR management market include Dragerwerk AG & Co. KGaA, Steris, Arthrex, Inc., Olympus, Stryker, Barco, KARL STORZ SE & CO. KG, Care Syntax and Getinge AB.
Frequently asked questions in this report are:
– What is the market size of the Operating Room Management market?
– What are some of the main drivers of this market?
– Who are the major players in the Operating Room Management market?
Table of Contents – Main Key Points
2. Research methodology
3. Market dynamics
4. Impact analysis
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Operating Room Management Market Segmentation, By Component Type
9. Operating Room Management Market Segmentation, By Solution Type
10. Operating Room Management Market Segmentation, By Delivery Mode
11. Operating Room Management Market Segmentation, By End User
12. Regional analysis
13. Business Profiles
14. Competitive landscape
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