PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1526807
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1526807
The global operating room management market is projected to reach USD 7.5 billion by 2029 from USD 4.2 billion in 2024, at a CAGR of 12.5% from 2024 to 2029. The growth of the market is fuelled by increase in the demand for minimally invasive surgeries, enhanced patient experience, and growing attention towards value-based patient care. However, system complexity and data security concerns pose a significant challenge within this market.
Scope of the Report | |
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Years Considered for the Study | 2021-2029 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Units Considered | Million/Billion (USD) |
Segments | By Type, Component, Delivery Mode, Workflow, and End user |
Regions covered | North America, Europe, Asia Pacific, Latin America, and Middle East Africa. |
"Supply management solutions segment to witness significant growth during the forecast period."
Based on type, the operating room management market is segmented into scheduling and workflow management solutions, data management and communication solutions, anesthesia information management solutions, performance management solutions and other types. Supply management solutions are projected to register significant growth in the operating room management market over the forecast period. In order to speed up inventory management and minimize expenses, hospitals are putting a greater attention to standardizing surgical procedures. Supply management software further helps identify opportunities for multiple departmental or surgeon preference standardization.
"Cloud-based/web-based model to showcase highest growth over the forecast period"
Based on delivery mode, the operating room management market is segmented into on-premise and cloud/web-based model. The cloud/web-based models are projected to be the highest growing segment in the operating room management market over the forecast period. Solutions used in operating rooms are experiencing a major shift towards cloud/ web-based models over traditionally installed on-premise models. This major shift is largely driven by scalability, affordability, automatic updates and ease of remote accessibility offered by cloud/web-based solutions. The increased use of cloud-based models in operating room management is setting a new trend in the healthcare IT industry, where hospitals are largely preferring adaptive, and economic solutions to meet their software needs. With rising adoption of cloud/web-based models, data security concerns are eliminated which in turn suggests a high growth in the operating room management market.
"Ambulatory surgical centers segment to register the highest growth in the Operating room management market during the forecast period."
Based on end user, the operating room management solution market is segmented into hospitals, ambulatory surgical centers, specialty clinics and other end-users which includes group practices, government & military health facilities. Ambulatory surgical centers are expected to register fastest growth over the forecast period in operating room management market. One of the major reasons for the highest growth of ASCs is their cost effectiveness as compared to hospitals. In addition, number of ASCs and number of surgeries performed in ASCs have increased over the recent years and further anticipated to grow in the upcoming years. This expected increase in ASCs is directly related to increasing demand for operating room management solutions during the forecast period.
"Asia Pacific region is estimated to register the highest CAGR during the forecast period."
In this report, the operating room management market is geographically segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The operating room management market in APAC is projected to register the highest CAGR rate during the forecast period. The growth of this region is attributed to rapid economic development in Asian countries, rising geriatric population, growth in government support and initiatives, local innovations and collaboration of international software providers with local healthcare IT firms. Moreover, advancements in technology and the growing investments in operating room management solutions are making them more accessible and affordable in the APAC region. As healthcare providers in APAC continue to prioritize efficiency, accessibility, and quality of care, ORM software solutions will play a pivotal role in driving healthcare transformation and improving patient outcomes across the region.
List of Companies Profiled in the Report
Research Coverage
This report studies the operating room management market based on type, component, delivery mode, workflow, end user, and region. The report also analyses factors (such as drivers, restraints, opportunities and challenges) affecting market growth. It evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micro markets with respect to their growth trends, prospects, and contributions to the total operating room management market. The report forecasts the revenue of the market segments with respect to five major regions.
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