Operating Room Management Market Outlook to 2022 - Key Players are GE Healthcare, Becton, Dickinson and Company, McKesson Corporation, Cerner Corporation, Surgical Information Systems, Picis Clinical Solutions, MEDITECH, STERIS, Getinge, and Optum.

Global Operating Room Management Market Overview:

Operating rooms account for the largest share of investment costs, maintenance costs, operating expenditures, revenues and budgets of hospitals. Thus, it is imperative as well as strategic for hospitals to manage operating rooms efficiently, as the opportunity to increase returns on investments by optimizing the use is greatest for operating rooms. Global operating room management market aims to maximize operational efficiency by increasing the number of surgical procedures performed and by minimizing the resources needed. Strategic operating room management market deals with long-term decision-making based on predicted work load, which is not limited to maximizing the utilization of personnel’s and materials but also involves expansion decisions, optimal patient safety and outcomes, decreased delays with a result of achieving satisfaction of outcomes for both the physicians and the patients.

Global Operating Room Management Market Size

According to our report, The Global Operating Room Management Market value was 1.75 billion USD in 2017 and the value is predicted to reach 2.81 billion USD by 2022 growing at a significant CAGR of 10.7% during 2017 to 2022.

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Drivers and Restraints:

Hospitals are being over whelmed by the pricing pressures, growing healthcare costs, growing infrastructure and redevelopment. Achieving patient satisfaction when cost of noncompliance can be prohibitive is increasingly seen as an uphill task. The situation has been complicated by the demographic drivers such as growing numbers of surgeries owing to rising risk factors such as elderly and chronic sick population, and diseases. Elective surgery is scheduled in advance and are subject to choice of the patient or physician depending on economics, medical conditions and payers concerns. Managing and optimizing returns from elective surgeries is imminent as they account for the largest share of revenue generated for any hospital. Emergence of third party payers like healthcare insurance and reimbursements, coupled with the growing choices has led to increase in the power of buyers in the surgeries market, favouring hospitals with the least cost and best outcome. The market constraints are high installation and maintenance costs, and lack of awareness. Technical constraints include concerns of information security due to open nature of the network, and conflicting protocols. The high operational cost associated with the setting up of operating room management is also hampering the growth of the market.

Geographic Segmentation:

Geographically, Global operating room management market has been divided into regions like North America, Europe and Asia pacific. The market has been mainly dominated by North America followed by Europe. Europe is expected to become the second-largest contributor to the market. The major companies in the worldwide market are GE Healthcare (US), Becton, Dickinson and Company (US), McKesson Corporation (US), Cerner Corporation (US), Surgical Information Systems (US), Picis Clinical Solutions (US), MEDITECH (US), STERIS (US), Getinge (Sweden), and Optum (US).

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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the aspects influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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