The report provides a thorough outlook of the market’s probable future growth trajectory over the forecast period (2017-2023) based on a solid review of the market’s historical statistics and growth drivers. According to the report, the global operating room management market is expected to exhibit a solid 18.6% CAGR over the forecast period from 2017 to 2023.

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The operating room management market has been driven by the increasing demand to make hospitals more efficient. Operating rooms are among the most important components of a modern hospital and witness a significant amount of activity. They are also among the most profitable arms of a hospital, as surgeries can be a very expensive business. However, the private nature of surgeries and the need to sterilize the entire operating room after every surgical procedure means managing an operating room and keeping it ready for action can be a time-consuming and thankless task. Minimizing the resources needed for each surgical procedure and thus allowing more surgical procedures to be performed is thus a matter of long-term planning and strategic investment in operating room management. This is likely to emerge as a key factor in hospitals around the world, driving the demand from the operating room management market over the forecast period.

The increasing demand for surgical procedures is also likely to be a major driver for the global operation room management market over the forecast period. The rising geriatric population could be a significant factor in the rising demand for surgeries. In addition, the demand to upgrade healthcare infrastructure with the needs of the times has risen in recent years and is likely to lead to significant growth of the operating room management market over the forecast period.

Competitive Analysis:

Leading players in the global operating room management market include Getinge AB, Omnicell Inc., TECSYS Inc., Medtronic plc, Owens & Minor Medical Inc., Merivaara, Mizuho OSI, EIZO Corporation, Becton, Dickinson, and Company, Siemens, Healthcare IQ, HCA Healthcare, and Cardinal Health.

Segmentation:

The global operating room management market is segmented on the basis of solution, deployment, end use, and region in order to provide readers with a comprehensive picture of the market’s granular structure.

On the basis of the solution, the global operating room management market is segmented into data management and communication solutions, anesthesia information management solutions, operating room supply management solutions, scheduling solutions, performance management solutions, pre- and post-operative management solutions, climate solutions, and others.

By deployment, the global operating room management market is segmented into cloud-based and on-premise.

By end use, the operating room management market is segmented into hospitals, ambulatory surgical units, and others. The hospitals segment is further classified into those with more than 300 beds and those with less than 300 beds.

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Regional Analysis:

The global operating room management market is segmented by region into North America, Europe, Asia Pacific, and the Middle East and Africa.

North America commands the dominant share in the global operating room management market due to the growing healthcare expenditure in the region, especially in the U.S. The growing number of multispecialty hospitals is also likely to drive the operation room management market in North America, as these hospitals administer surgical procedures for multiple causes and thus in higher volume than single-specialty hospitals or clinics. Canada is also a major regional market for operating room management systems and is likely to remain a key regional player in the coming years due to the increasing healthcare expenditure in the region. The Europe regional market is led by Germany, the UK, and France, and occupies second spot in the global operating room management market’s hierarchy. The Europe market is also likely to grow steadily over the forecast period due to the increasing adoption of operating room management systems in the region’s hospitals, especially in the developed countries in Western Europe.

Asia Pacific is expected to exhibit robust growth over the coming years, as the healthcare sector in the region lags behind the developed Western economies and governments are trying their best to catch up by introducing advanced technology and sophisticated devices.