Status : Published | Published On : Dec, 2023 | Report Code : VRHC1052 | Industry : Healthcare | Available Format : | Page : 250 |
The Global Operating Room Management Market was valued at USD 3.1 billion in 2023 and is anticipated to reach USD 6.1 billion by 2030, witnessing a CAGR of 12.8% during the forecast period 2025-2030. Operating room (OR) management assists improved coordination and consultation between several surgical teams. It emphases on maximum number of tasks that can be completed with minimum required resources and related cost. The global operating room management market is mounting occurrence of chronic diseases technological improvement, and expanding geriatric population. Different components contributed to the operating room management market size. The market has witnessed high demand for software over the last few years due to propelling fitting of ORM software.
Market Segmentation
Insight by Component
There are two components, software and services. Of both components, software accounted the largest share in the operating room management market due to propelling fitting of ORM software, combined with the elevated price of software and other associated costs such as licensing.
Insight by Solution
On the basis of solutions operating room management market is subdivided into, data management and communication solutions, operating room supply management solutions, performance management solution anesthesia information management systems, operating room scheduling solutions and others. Of all solutions, data management and communication solutions accounted largest share in the market due to mounting need and major role in competently handling operating room spending and widespread applications of these solutions in the perioperative stages of OR management.
Insight by Mode of Delivery
There are three modes of delivery, on premise solutions, cloud-based solutions and web-based solutions. Benefits such as the capability to reprocess prevailing servers and effortless employment of backup and disaster recovery systems are some of the factors responsible for the growth of the on premise segment. Of all mode of delivery, the on premise accounted largest share in the operating room management market.
Insight by End User
The different end users are hospitals and ambulatory surgery centers. Necessity of proficiently managing a huge number of surgery cases and keeping a record of various surgeons and their accessibility are the factors growing the demand of OR management in hospitals. Among the all end users, the hospitals accounted the largest share in the operating room management market.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. 3.1 Billion |
Revenue Forecast in 2030 |
U.S.D. 6.1 Billion |
Growth Rate |
12.8% |
Segments Covered in the Report |
By Component, By Solution, By Mode of Delivery, and By End-User |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and Rest of the World |
Industry Dynamics
Growth Drivers
The funding to advance OR infrastructure, mounting occurrence of chronic diseases, and mounting demand for operating room supply management software are the primary growth drivers for operating room management market. For instance, according to World Health Organization (WHO), globally in 2010 approximately 524 million people were aged 65 years and older, and is expected to reach 1.5 billion in 2050.
In addition, expanding geriatric population is also driving the growth of the market. For instance, according WHO globally approximately 17.7 million people died from cardiovascular diseases in 2015. Technological improvements in hospitals, effectiveness enhancement in ORs, improving OR infrastructure, and emphasis on price limitation are also facilitating the growth for the operating room management market.
Challenges
The lack of skilled professionals, and high cost of operating room management software and maintenance are the major challenges for the growth of operating room management market.
Industry Ecosystem
Globally, the manufacturing companies trying to enter the operating room management market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier for the entry of new players. This offers an edge to the established players in the industry competition.
Geographic Overview
Geographically, North America is the largest operating room management market as in the region the occurrence of chronic disease is increasing. For instance, according to Centers of Disease Control and Prevention (CDC), in the U.S. approximately 610,000 people die every year due to heart disease. Growing geriatric population, escalating emphasis on activities to generate alertness about OR management, great amount of operating room procedure and mounting healthcare expenditure are also up surging growth of the North American operating room management market. For instance, according to the U.S. Census Bureau, in 2012 approximately 43.1 million people were aged 65 years and older in the U.S. and is expected to reach 83.7 million in 2050.
Asia-Pacific is observed to witness fastest growth in the market, as the region comprises of large population base. In addition, expanding geriatric population, mounting occurrence of chronic diseases, refining IT infrastructure, and mounting requirement to limit healthcare cost are also creating a positive impact on the operating room management market growth in the region.
Competitive Insight
Key players in the operating room management market are catering the demand of these devices by investing on technologically advanced products in their product portfolio across the globe.
Becton, Dickinson and Company known as BD, is an American multinational medical technology company that manufactures and sells medical devices, instrument systems, and reagents. BD also provides consulting and analytics services in certain geographies. BD leads in patient and healthcare worker safety and the technologies that enable medical research and clinical laboratories. The company also provides innovative solutions that help advance medical research and genomics, promote infection prevention, improve medication management, enhance the diagnosis of infectious disease and cancer, equip surgical and interventional procedures and support the management of diabetes.
Steris plc is an Irish-based medical equipment company that specializes in sterilization and surgical products for the US healthcare system. STERIS offers clients innovative capital equipment products, such as lights and equipment management systems, sterilizers and washers, surgical tables and connectivity solutions such as operating room integration; consumable products such as microbial reduction of medical devices, instrument and scope repair solutions, detergents and gastrointestinal endoscopy accessories, dental instruments and other products, laboratory services and off-site reprocessing.
Becton, Dickinson and Company, STERIS, DXC Technology Company, Cerner Corporation, Allscripts Healthcare Solutions, Omnicell, McKesson Corporation, GE Healthcare, Optum, Nexus AG, Getinge and Surgical Information Systems are the key players offering operating room management.
Recent Developments by Key Players
DXC Technology collaborated with Dell Technologies to advance Enterprise Intelligence Services (EIS). This partnership marks a significant step forward in leveraging cutting-edge technologies such as machine learning, data analytics, AI and intelligent automation to transform data into a more holistic view of the enterprise.
Becton, Dickinson, and Company has launched the BD Vacutainer® UltraTouch™ Push Button Blood Collection Set in India to minimize patient pain and discomfort enabling single prick success during blood collection process.
The Operating Room Management Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
Region Covered in the Report
Source: VynZ Research
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