Operating Room Management Market

Operating Room Management Market worth $7.5 billion by 2029

The report "Operating Room Management Market by Type (OR Scheduling, Supply, Performance, Anesthesia, Data, Communication, Patient), Workflow (Pre, Intra & Post Operative), Component (Software, Service), End User (Hospital, ASC), & Region - Global Forecast to 2029", is projected to reach USD 7.5 billion by 2029 from USD 4.2 billion in 2024, at a CAGR of 12.5%.

Browse 283 market data Tables and 55 Figures spread through 287 Pages and in-depth TOC on "Operating Room Management Market by Type (OR Scheduling, Supply, Performance, Anesthesia, Data, Communication, Patient), Workflow (Pre, Intra & Post Operative), Component (Software, Service), End User (Hospital, ASC), & Region - Global Forecast to 2029"
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The growth in the operating room management market is driven by growing demand for integrated operating room management solutions as well as increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies. Moreover, age-related conditions and the rising prevalence of chronic diseases are fuelling the demand for a greater number of surgeries, leading to a surge in demand for efficient operating room management solutions. However, high maintenance costs associated with these solutions pose a challenge to the market growth.

By type, scheduling and workflow management solutions segment accounted for the largest share of the global operating room management market in 2023.

On the basis type, the operating room management market is segmented into scheduling and workflow management solutions, data management and communication solutions, supply management solutions, anesthesia information management solutions, performance management solutions, and other types. Scheduling and workflow management solutions accounted for the largest share of the type segment in 2023. These solutions effectively optimize the resource allocation such as assigning selected surgeons, equipment, and OR staff ensuring availability of right personnel during the surgical procedure.

By component, software segment accounted for the largest market share in 2023.

Based on component, the operating room management market is segmented into software and services.  Software segment is further divided into standalone and integrated software. The software segment held the largest market share in 2023 due to growing need for monitoring perioperative procedures, advanced technological interventions, and the digitalization of healthcare. A boost in the demand for real-time resource tracking and focus on improving staff well-being and preventing burnouts are some of the major factors driving the segment growth.

Hospitals are largest end users of the operating room management solutions.

Based on end users, the operating room management market is segmented into hospitals, ambulatory surgical centers, specialty clinics and other end users which include group practices and government and military health facilities. The hospitals held the largest share among the end-users in 2023 as a large volume of surgical procedures are being performed in the hospital settings. In the recent years there has been an increase in the focus on cost reduction and improving operational efficiencies in the hospitals. Hospital facilities are under immense pressure to cut down the cost of surgeries and enhance the operational efficiencies. In order to overcome this pressure, hospitals are widely adopting the operating room management solutions to streamline surgical workflows, reduce delays in surgeries, and optimize resource utilization.

North America dominates the global operating room management market.

The Operating room management market is segmented into five major regional segments, namely, North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. In 2023, North America accounted for the largest share of the operating room management market. This region’s dominance is due to a high adoption rate of advanced medical technologies with well-established healthcare system.

North America has been a lead in the early adoption of healthcare IT solutions due to which the region has also established a dominant position in the operating room management market. The region’s strong healthcare IT infrastructure along with robust data exchange standards and established networks have significantly contributed to the market growth.

Key Players

Prominent players in the operating room management market include Oracle (Cerner Corporation) (US), Epic Systems Corporation (US), Medical Information Technology (Meditech) (US), GE Healthcare(US), Surgical Information Systems (US), Becton, Dickinson And Company (US), eClinicalWorks (US), Picis Clinical Solutions Inc (US), Brainlab AG (Germany), Getinge AB (Sweden), Veradigm (Allscripts Healthcare, LLC) (US), Steris Corporation (US), Medovate Technologies, Inc. (US),  Cardinal Health (US), Barco Electronic Systems Pvt Ltd (Belgium), Richard Wolf GmbH (Germany), Karl Storz (Germany), Caresyntax (US), Medicad (Switzerland), United Health Group (US), Qventus (US), Alert Life Sciences Computing S.A., (Europe), Tedisel Medical (Spain), Censis Technologies (US), and Owens & Minor (US).

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Operating Room Management Market Size,  Share & Growth Report
Report Code
HIT 2862
PR Published ON
7/3/2022
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