Report Overview

This growth in the operating room management solutions can be attributed to the high demand generated owing to the greater emphasis on efficiency improvement and cost reduction in hospitals which can be achieved by deploying ORM solutions. Moreover, several governments are taking numerous initiatives to upgrade the hospital infrastructure which is driving the global operating room management solutions market.

Global Operating Room Management Solutions Market - Market Trends & Forecast Report 2028

The global operating room management solutions market was worth USD 2.7 billion in 2021, and it is further projected to reach USD 6.1 billion by 2028, exhibiting a CAGR of 12.5% during 2022-2028 (forecast period). This growth in the operating room management solutions can be attributed to the high demand that is generated owing to the greater emphasis on efficiency improvement and cost reduction in hospitals which can be achieved by deploying ORM solutions. Moreover, several governments are taking numerous initiatives to upgrade the hospital infrastructure, which is driving the global operating room management solutions market.

Operating Room Management Solutions Overview

The operating room management solutions refer to the tools and programs that facilitate the effective management of the operating room in order to improve the quality of care for patients while augmenting staff satisfaction and reducing the cost of care. The operating room is one of the most expensive departments to run in a hospital. Investing in and maintaining operating rooms is always costly. Surgeries also make up the majority of hospital revenues and budgets. As a result, it is both necessary and strategic for hospitals to properly manage operating rooms, as there is a chance to maximize returns on investments by maximizing the usage of operating rooms. The operating room management solutions aim to increase operational efficiency by increasing the number of surgical procedures completed while reducing the resources required.

Growth Driver

Higher Emphasis on Efficiency Improvement and Cost Reduction in Hospitals.

Over the last few decades, healthcare delivery costs have increased dramatically, owing to the surge in health insurance premiums, augmented demand for quality healthcare services, the aging population, and an increase in the frequency of chronic illnesses. Another key reason contributing to increased healthcare expenses is a high reliance on old and outmoded methods like paper-based patient records, which leads to higher readmission rates, medical errors, and administrative expenditures. Therefore, With the successful use of various healthcare IT solutions, governments and healthcare systems all over the world are now focusing on reducing the rising healthcare expenses by lowering patient readmissions, medical errors, and administrative expenditures. Operating rooms, which are also known as ORs, account for around 40% of overall hospital expenses and 70% of the total revenue. As a result, managing the operating rooms has emerged as one of the important areas for decreasing healthcare expenses by combining and arranging all the patient data for the surgical crew during surgery and simplifying information across numerous platforms. Subsequently, in the future year, the amplified emphasis on cost reduction and efficiency improvement in hospitals is likely to boost the expansion of this market.

Restraints

High Pricing and Maintenance Costs of ORM Software

The high installation and maintenance costs of ORM solutions act as a major restraint on their adoption. ORM software, once implemented, must be updated on a regular basis to meet the user's needs and software upgrades. Furthermore, the cost of maintaining high-end IT-enabled systems is generally higher than the cost of the software. The annual maintenance cost is expected to be 20-25% of the software licenses' initial cost. As a result, the high costs associated with the acquisition, installation, maintenance, and update of ORM software and solutions are likely to have a negative impact on the adoption of ORM solutions among end-users, limiting the market growth to some extent.

Impact of COVID-19 on the Global Operating Room Management Solutions Market

The COVID-19 pandemic wreaked havoc on many people's lives and companies on a massive scale. It affected the ORM solutions market in significant ways. Since the COVID-19 pandemic caused the deferral of elective surgeries across several clinical areas, including cardiology and neurology. Consequently, there was a decline in the number of non-essential surgeries, which impacted the usage of ORM solutions in the short term. Hospitals suffered considerable financial losses as a result of the postponement of procedures because operating rooms are a major source of income for medical facilities. There was a decrease in hospital spending on the installation of OR management solutions as a result of the pandemic's increased demand for essential breathing equipment and other supplies needed to manage COVID-19. However, the healthcare IT sector is one area that is expected to benefit from this catastrophe. While many businesses struggled to stay afloat, the pandemic acted as a boon for the operating room management solutions market. The pandemic is likely to boost the ORM software adoption as most hospitals would shift their focus on improving capacity by leveraging technology to augment efficiency.

Global Operating Room Management Solutions Market – By Component

On the basis of components, the global operating room management solutions market has been segmented into software and service. Amidst the segmentation, During the forecast period, the software segment of the market accounted for the larger market share in 2021. The operating room management software, which is devoted to improving the patient experience, takes on complex patient-centric care delivery procedures and simplifies them. Operating room and patient management software, including anesthesia and surgery management, generally improve the operating room performance with solutions that help to enhance financial, clinical, and operational outcomes, thus propelling the growth prospects for this segment.

Global Operating Room Management Solutions Market – By Solution

The solution segment is segmented into data management & communication solutions, anesthesia information management systems, operating room supply management solutions, operating room scheduling solutions, performance management solutions, and other solutions. Amidst the segmentation, the data management & communication solutions accounted for the largest share of the market in 2021 due to the benefits including the tracking of the schedule compliance, easy sharing of patient status in perioperative care phases, and sharing of the information and media related to cases within diverse operating rooms or hospital departments.

Global Operating Room Management Solutions Market – Regional Insights

Geographically, the operating room management market is segmented into North America, Europe, the Asia-Pacific, Latin America, and the Middle East and Africa. Amidst the segment, the market in the APAC is likely to grow at the highest CAGR over the forthcoming five years. This can be attributed to the surging demand for ORM solutions in the Asia-Pacific region owing to growing patient volume, rising need to reduce healthcare costs, and the intensifying requirement for accurate disease diagnosis and treatment. Thus, these factors are driving the growth of the market in the Asia-Pacific region.

Competitive Landscape

The global operating room management solutions market is characterized by many local, regional, and global vendors. The key players operating in the global operating room management solutions market are GE Healthcare, McKesson Corporation, Cerner Corporation, Becton, Dickinson and Company (BD), Surgical Information Systems, Optum, Meditech, Picis Clinical Solutions, Getinge AB, Steris Plc, Allscripts Healthcare Solutions, Nexus AG, Novanta Inc, and other prominent players. The players maintain their dominance in the market by investing in research and development activities, integrating the latest and advanced technologies into their products, and launching improved products for the customers.

Recent Developments

• July 2022: Arthrex, a worldwide leader in negligibly invasive surgical technology, and Skytron, a health care efficiency and safety company specializing in capital equipment, declared a partnership to offer a comprehensive array of total room solutions designed to address the upcoming requirements and challenges of the operative care facilities.

• December 2021: MDoloris Medical Systems, a front-runner in the field of objective analgesia/nociception monitoring during anesthesia and intensive care, and Mindray, an international leader in providing advanced medical devices and solutions, announced the CE Mark and forthcoming launch of the Mdoloris ANI-MR module which is a solution advanced by MDoloris for Mindray for the integration into the BeneVision N Series patient monitoring devices, thus making the ANI parameter available to clinicians using the Mindray's BeneVision N Series monitoring platform.

Scope of Report

     

Attribute	Details
Years Considered	Historical data – 2018-2021
	Base Year – 2021
	Forecast – 2022 – 2028
Facts Covered	Revenue in USD Billion
Market Coverage	United States, Canada, Germany, United Kingdom, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, United Arab Emirates, South Africa
Product/Service Segmentation	By component, by delivery mode, by solutions, by end user and by region
Key Players	The key players operating in the global operating room management solutions Market are GE Healthcare, McKesson Corporation, Cerner Corporation Becton,Dickinson and Company, Surgical Information Systems, Optum, Meditech, Picis Clinical Solutions, Getinge AB, Steris Plc, Allscripts Healthcare solutions, Nexus AG, Novanta Inc, and other prominent players.

 

By Component

• Software

• Service

By Delivery Mode

• Cloud Based

• On-Premises

By Solutions

• Data Management and Communication Solutions

• Anaesthesia Information Management Systems

• Operation Room Supply Management Solutions

• Operation Room Scheduling Solutions

• Performance Management Solutions

• Other solutions

 By End User

• Hospital

• Ambulatory Surgery Centres

By Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5. Assumption & Limitation
3. Executive Summary
4. Global Operating Room Management Solutions Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   3. Technological Advancement/Recent Development
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
5. Global Operating Room Management Solutions Market Overview
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Component
         1. Software
         2. Service
      2. By Delivery Mode
         1. Cloud Based
         2. On-Premises
      3. By Solutions
         1. Data Management and Communication Solutions
         2. Anesthesia Information Management Systems
         3. Operation Room Supply Management Solutions
         4. Operation Room Scheduling Solutions
         5. Performance Management Solutions
         6. Other solutions
      4.  By End User
         1. Hospital
         2. Ambulatory Surgery Centers
      5. By Region
         1. North America
         2. Europe
         3. The Asia Pacific
         4. Latin America
         5. The Middle East and Africa
6. North America Operating Room Management Solutions Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Component
      2. By Delivery Mode
      3. By Solutions
      4. By End User
      5. By Country
         1. United States
         2. Canada
7. Europe Operating Room Management Solutions Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Component
      2. By Delivery Mode
      3. By Solutions
      4. By End User
      5. By Country
         1. Germany
         2. United Kingdom
         3. Italy
         4. France
         5. Spain
         6. Rest of Europe
8. The Asia Pacific Operating Room Management Solutions Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Component
      2. By Delivery Mode
      3. By Solutions
      4. By End User
      5. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of Asia Pacific
9. Latin America Operating Room Management Solutions Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Component
      2. By Delivery Mode
      3. By Solutions
      4. By End User
      5. By Country
         1. Brazil
         2. Mexico
         3. Rest of Latin America
10. The Middle East & Africa Operating Room Management Solutions Market
    1. Market Size & Forecast by Value, 2018-2028
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Component
       2. By Delivery Mode
       3. By Solutions
       4. By End User
       5. By Country
          1. Saudi Arabia
          2. UAE
          3. South Africa
          4. Rest of Middle East & Africa
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership.)
12. Impact of Covid-19 on Global Operating Room Management Solutions Industry
13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. GE Healthcare
    2. McKesson Corporation
    3. Cerner Corporation Becton
    4. Becton, Dickson and Company
    5. Surgical Information Systems
    6. Optum
    7. Meditech
    8. Picis Clinical Solutions
    9. Getinge AB
    10. Steris Plc
    11. Allscripts Healthcare solutions
    12. Nexus AG
    13. Novanta Inc
14. Key Strategic Recommendations

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

List Of Figures

 

Figure 1: Global Operating Room Management Solutions Market Segmentation

Figure 2: Global Operating Room Management Solutions Industry Value Chain Analysis

Figure 3: Global Operating Room Management Solutions Market Size, By Value (USD Million), 2018-2028

Figure 4: Global Operating Room Management Solutions Market Share (%), By Component, By Value, 2018-2028

Figure 5: Global Operating Room Management Solutions Market Share (%), By Delivery Mode, By Value, 2018-2028

Figure 6: Global Operating Room Management Solutions Market Share (%), By Solutions, By Value, 2018-2028

Figure 7: Global Operating Room Management Solutions Market Share (%), By End User, By Value, 2018-2028

Figure 8: Global Operating Room Management Solutions Market Share (%), By Region, By Value, 2018-2028

Figure 9: North America Operating Room Management Solutions Market Size, By Value (USD Million), 2018-2028

Figure 10: North America Operating Room Management Solutions Market Share (%), By Component, By Value, 2018-2028

Figure 11: North America Operating Room Management Solutions Market Share (%), By Delivery Mode, By Value, 2018-2028

Figure 12: North America Operating Room Management Solutions Market Share (%), By Solutions, By Value, 2018-2028

Figure 13: North America Operating Room Management Solutions Market Share (%), By End User, By Value, 2018-2028

Figure 14: North America Operating Room Management Solutions Market Share (%), By Country, By Value, 2018-2028 

Figure 15: Europe Operating Room Management Solutions Market Size, By Value (USD Million), 2018-2028

Figure 16: Europe Operating Room Management Solutions Market Share (%), By Component, By Value, 2018-2028

Figure 17: Europe Operating Room Management Solutions Market Share (%), By Delivery Mode, By Value, 2018-2028

Figure 18: Europe Operating Room Management Solutions Market Share (%), By Solutions, By Value, 2018-2028

Figure 19: Europe Operating Room Management Solutions Market Share (%), By End User, By Value, 2018-2028

Figure 20: Europe Operating Room Management Solutions Market Share (%), By Country, By Value, 2018-2028

Figure 21: The Asia-Pacific Operating Room Management Solutions Market Size, By Value (USD Million), 2018-2028

Figure 22: The Asia-Pacific Operating Room Management Solutions Market Share (%), By Component, By Value, 2018-2028

Figure 23: The Asia-Pacific Operating Room Management Solutions Market Share (%), By Delivery Mode, By Value, 2018-2028

Figure 24: The Asia-Pacific Operating Room Management Solutions Market Share (%), By Solutions, By Value, 2018-2028

Figure 25: The Asia-Pacific Operating Room Management Solutions Market Share (%), By End User, By Value, 2018-2028

Figure 26: The Asia-Pacific Operating Room Management Solutions Market Share (%), By Country, By Value, 2018-2028

Figure 27: Latin America Operating Room Management Solutions Market Size, By Value (USD Million), 2018-2028

Figure 28: Latin America Operating Room Management Solutions Market Share (%), By Component, By Value, 2018-2028

Figure 29: Latin America Operating Room Management Solutions Market Share (%), By Delivery Mode, By Value, 2018-2028

Figure 30: Latin America Operating Room Management Solutions Market Share (%), By Solutions, By Value, 2018-2028

Figure 31: Latin America Operating Room Management Solutions Market Share (%), By End User, By Value, 2018-2028

Figure 32: Latin America Operating Room Management Solutions Market Share (%), By Country, By Value, 2018-2028

Figure 33: The Middle East & Africa Operating Room Management Solutions Market Size, By Value (USD Million), 2018-2028

Figure 34: The Middle East & Africa Operating Room Management Solutions Market Share (%), By Component, By Value, 2018-2028

Figure 35: The Middle East & Africa Operating Room Management Solutions Market Share (%), By Delivery Mode, By Value, 2018-2028

Figure 36: The Middle East & Africa Operating Room Management Solutions Market Share (%), By Solutions, By Value, 2018-2028

Figure 37: The Middle East & Africa Operating Room Management Solutions Market Share (%), By End User, By Value, 2018-2028

Figure 38: The Middle East & Africa Operating Room Management Solutions Market Share (%), By Country, By Value, 2018-2028

Figure 39: Global Operating Room Management Solutions Market Share Analysis, 2021

 

List Of Tables

 

Table 1: Global Operating Room Management Solutions Market Size, By Component, By Value (USD Million), 2018-2028

Table 2: Global Operating Room Management Solutions Market Size, By Delivery Mode, By Value (USD Million), 2018-2028

Table 3: Global Operating Room Management Solutions Market Size, By Solutions, By Value (USD Million), 2018-2028

Table 4: Global Operating Room Management Solutions Market Size, By End User, By Value (USD Million), 2018-2028

Table 5: Global Operating Room Management Solutions Market Size. By Region, By Value (USD Million), 2018-2028

Table 6: North America Operating Room Management Solutions Market Size, By Component, By Value (USD Million), 2018-2028

Table 7: North America Operating Room Management Solutions Market Size, By Delivery Mode, By Value (USD Million), 2018-2028

Table 8: 28 North America Operating Room Management Solutions Market Size (USD Million), By Solutions, By Value 2018-2028

Table 9: North America Operating Room Management Solutions Market Size, By End User, By Value (USD Million), 2018-2028

Table 10: 28 North America Operating Room Management Solutions Market Size (USD Million), By Country, By Value 2018-2028 

Table 11: Europe Operating Room Management Solutions Market Size, By Component, By Value (USD Million), 2018-2028

Table 12: Europe Operating Room Management Solutions Market Size, By Delivery Mode, By Value (USD Million), 2018-2028

Table 13: 40 Europe Operating Room Management Solutions Market Size (USD Million), By Solutions, By Value 2018-2028

Table 14: Europe Operating Room Management Solutions Market Size, By End User, By Value (USD Million), 2018-2028

Table 15: 40 Europe Operating Room Management Solutions Market Size (USD Million), By Country, By Value 2018-2028

Table 16: The Asia-Pacific Operating Room Management Solutions Market Size, By Component, By Value (USD Million), 2018-2028

Table 17: The Asia-Pacific Operating Room Management Solutions Market Size, By Delivery Mode, By Value (USD Million), 2018-2028

Table 18: The Asia-Pacific Operating Room Management Solutions Market Size (USD Million), By Solutions, By Value 2018-2028

Table 19: The Asia-Pacific Operating Room Management Solutions Market Size, By End User, By Value (USD Million), 2018-2028

Table 20: The Asia-Pacific Operating Room Management Solutions Market Size (USD Million), By Country, By Value 2018-2028

Table 21: Latin America Operating Room Management Solutions Market Size, By Component, By Value (USD Million), 2018-2028

Table 22: Latin America Operating Room Management Solutions Market Size, By Delivery Mode, By Value (USD Million), 2018-2028

Table 23: Latin America Operating Room Management Solutions Market Size (USD Million), By Solutions, By Value 2018-2028

Table 24: Latin America Operating Room Management Solutions Market Size, By End User, By Value (USD Million), 2018-2028

Table 25: Latin America Operating Room Management Solutions Market Size (USD Million), By Country, By Value 2018-2028

Table 26: The Middle East & Africa Operating Room Management Solutions Market Size, By Component, By Value (USD Million), 2018-2028

Table 27: The Middle East & Africa Operating Room Management Solutions Market Size, By Delivery Mode, By Value (USD Million), 2018-2028

Table 28: The Middle East & Africa Operating Room Management Solutions Market Size (USD Million), By Solutions, By Value 2018-2028

Table 29: The Middle East & Africa Operating Room Management Solutions Market Size, By End User, By Value (USD Million), 2018-2028

Table 36: The Middle East & Africa Operating Room Management Solutions Market Size (USD Million), By Country, By Value 2018-2028 

Table 37:  List of Key Players and Their Offerings

Table 38:  Competitive Benchmarking, by Operating Parameters

Table 39        GE Healthcare Company Overview

Table 40        GE Healthcare Financial Overview

Table 41        McKesson Corporation Company Overview

Table 42        McKesson Corporation Financial Overview

Table 43        Cerner Corporation Company Overview

Table 44        Cerner Corporation Financial Overview

Table 45        Becton, Dickson and Company Overview

Table 46        Becton, Dickson and Company Financial Overview

Table 47        Surgical Information Systems Overview

Table 48        Surgical Information Systems Financial Overview

Table 49        Optum Company Overview

Table 50        Optum Financial Overview

Table 51        Meditech Company Overview

Table 52        Meditech Financial Overview

Table 53        Picis Clinical Solutions Company Overview

Table 54        Picis Clinical Solutions Financial Overview

Table 55        Getinge AB Company Overview

Table 56        Getinge AB Financial Overview

Table 57        Steris Plc Company Overview

Table 58        Steris Plc Financial Overview

Table 59        Allscripts Company Overview

Table 60        Allscripts Financial Overview

Table 61        Nexus AG Company Overview

Table 62        Nexus AG Financial Overview

Table 63        Novanta Inc Company Overview

Table 64        Novanta Inc Financial Overview