[145 Pages Report] Operating room management includes software solutions that enable the smooth running of operating rooms and improve the productivity, efficiency, and quality of operating rooms. The global operating room management market is expected to reach USD 3.41 Billion by 2022 from USD 1.81 Billion in 2016, at a CAGR of 11.2% during forecast period (2017-2022).

By Solution, data management & communication solutions segment is expected to dominate the market in 2017.

The solution segment is further segmented by data management & communication solutions, anesthesia information management systems, operating room supply management solutions, operating room scheduling solutions, performance management solutions, and other solutions. The data management & communication solutions segment is expected to dominate the market in 2017. The high growth rate of this segment is primarily attributed to its increasing demand and significant role in efficiently managing operating room expenditure.

By Delivery mode, on-premise solutions segment is expected to dominate the market in 2017

Delivery mode is further classified into on-premise solutions, web-based solutions, and cloud-based solutions. The on-premise solutions segment is expected to account for largest share of the market in 2017. This delivery mode is preferred by end users owing to the advantages it offers such as the ability to reuse existing servers and easy implementation of backup and disaster recovery systems

By Component, software segment is expected to dominate the market in 2017

By component, the market is segmented into software and services. The software segment is expected to dominate the market in 2017. The large share of this segment can primarily be attributed to the growing installation of ORM software, coupled with the high cost of software and other associated costs such as licensing.

By Solution, hospitals segment is expected to dominate the market in 2017

End-user segment of this market is further segmented into hospitals and ambulatory surgery centers. Hospitals are expected to hold the largest share of the global operating room management market. As hospitals comprise multiple operating rooms, the demand for ORM solutions is higher among these end users owing to the requirement of efficiently managing a large number of surgery cases and maintaining a record of different surgeons and their availability

In 2017, North America is expected to account for the largest market share, followed by Europe

Geographically, the global operating room management market is segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). In 2016, North America dominated the market, and this is primarily attributed to increasing hospital expenditure, rising focus on activities to create awareness about operating room management, and the large number of operating room procedures in this region. APAC is expected to witness the highest CAGR during the forecast period, owing to the increasing need to curb healthcare costs, investments & reforms to modernize the healthcare system, improving IT infrastructure are driving the growth of market in the region.

Market Dynamics

Driver: Increasing demand for OR supply management software

Supply chain management has been known to play a significant role in cost savings in healthcare organizations. The OR accounts for approximately 40%-60% of the total supply costs in hospitals, with the average expenditure on surgical inventory going up to USD 1 million.

A lack of proper management of OR inventory supply makes it difficult to track the utilization of supply per case, which creates issues in reimbursement. As a result, reimbursement of surgeries was being declined due to an unavailability of records for surgical procedures and inventories utilized. Moreover, the possibility of surplus OR inventories leads to high and costly wastage. In such scenarios, the role of supply chain management software becomes critical. Supply chain management software enables the effective management of expensive OR materials (injectable, instruments), tracking surgical materials such as tissues, and maintaining an optimal supply as per the requirements of surgical units. Thus, the increasing cost of OR materials and decreasing reimbursement for surgeries has led to a need for controlling OR costs, ultimately adding to the demand for OR supply management software.

Restraint: High pricing and maintenance costs of ORM software

The adoption of ORM solutions has been particularly affected by their high installation and maintenance costs. ORM software will once installed also need to be regularly updated as per the user�s requirements and software enhancements, which again presents recurring expenditure. Additionally, the maintenance of high-end IT-enabled systems typically costs more than the software itself. Subsequently, it can be expected that the high costs incurred from the purchase, installation, maintenance, and upgrade of ORM software and solutions may negatively affect their overall adoption among end users, especially those facing financial constraints or under pressure to contain costs.

Opportunity: Developing countries�growth of the healthcare industry, booming medical tourism

Emerging countries, such as India, China, Brazil, and Mexico, will provide significant growth opportunities for the ORM market in the coming years due to their growing healthcare industries and rising medical tourism. Other factors include a rising geriatric population, increasing prevalence of lifestyle disorders, and the presence of a less-stringent regulatory environment. As of 2016, Brazil, Russia, India, China, and South Africa are among the fastest-growing economies in the world. According to The World Economic Forum, these emerging economies are expected to account for one-third of the total global healthcare expenditure by 2020.

Moreover, countries such as India, Mexico, Thailand, Singapore, Malaysia, and South Africa have emerged as major medical tourism destinations for patients from across the globe. The major factors responsible for this trend are the low cost of medical procedures and improvements in medical infrastructure in these countries. For instance, the cost of a hip replacement surgery in India is USD 6,000 to 7,000, whereas the same procedure costs around USD 45,000 to 50,000 in the US. This has resulted in an increasing number of patients� visits from other countries for surgeries. In this scenario, ORM systems are expected to play a major role in effectively managing the growing patient volume in these countries.

Challenge: Dearth of skilled OR technicians

Many countries, both developed and developing, have reported a dearth of skilled OR technicians, also called surgical technologists. These professionals provide technical assistance in advanced surgical or diagnostic procedures, and as such are a significant component of any said procedure. In North America, technological evolution in hospitals has increased the demand for surgical technologists. According to The Bureau of Labor Statistics (BLS), by 2024, as many as 14,700 surgical technologists will be required in North America. There are academic institutes in the US which are capable of meeting ~39% of the demand for surgical technologists. However, of these, technologists with proper skillsets and adequate training are limited. This inadequacy is expected to impact market growth to a certain extent.

Scope of the Report

Report Metric Details Market size available for years 2015�2022 Base year considered 2016 Forecast period 2017�2022 Forecast units Million (USD) Segments covered by solution, delivery mode, component, end user, and region Geographies covered North America (US, Canada), Europe (Germany, UK, France, Netherlands, Rest of Europe), Asia Pacific (Australia, Rest of APAC), and RoW Companies covered GE Healthcare (US), Becton, Dickinson and Company (US), McKesson Corporation (US), Cerner Corporation (US), Surgical Information Systems (US), Optum (US), MEDITECH (US), Picis Clinical Solutions (US), Getinge (Sweden), and STERIS (US)

Key Market Players

GE Healthcare (US), Becton, Dickinson and Company (US), McKesson Corporation (US), Cerner Corporation (US), Surgical Information Systems (US), Optum (US), MEDITECH (US), Picis Clinical Solutions (US), Getinge (Sweden), and STERIS (US)



Recent Developments

Critical questions the report answers:

Who are the major market players in the Operating room management market?

What are the growth trends and the largest revenue-generating region for Operating room management?

How are Operating room management sold to customers?

What are the major types of Operating room management solutions?

What are the driving, restraining, opportunistic, and challenging factors for this market?

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