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Operating Room Management Software Market 2024-2033 : Industry Analysis, Size, Share, Growth And Forecast | McKesson Corporation, Optum Inc., Medtronic Plc, Siemens Healthineers AG, Koninklijke Philips N.V.
Operating Room Management Software Global Market Report 2024
As per the report, the operating room management software market size has grown rapidly in recent years. It will grow from $2.47 billion in 2023 to $2.77 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The operating room management software market size is expected to see rapid growth in the next few years. It will grow to $4.39 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%.
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Rising Surgical Procedures To Fuel Growth Of The Operating Room Management Software Market
The increasing number of surgical procedures is expected to propel the growth of the operating room management software market going forward. Surgical procedures refer to medical operations performed by a surgeon or a surgical team to diagnose, treat, or manage various health conditions. Surgeries are rising due to advancements in medical technology, the aging population, and increasing the demand for surgical interventions. Operating room management software is used to optimize the scheduling, coordination, and efficiency of surgical procedures, thereby enhancing patient care and resource utilization. For instance, in March 2023, according to the British Association of Aesthetic Plastic Surgeons, a UK-based surgical organization, 31,057 cosmetic surgical procedures took place in 2022, up 102% from 2021. Furthermore, in February 2022, according to the American Academy of Facial Plastic and Reconstructive Surgery, a US-based medical society, an estimated 1.4 million surgical and non-surgical procedures were performed in 2021, with plastic surgeons completing an average of 600 more procedures compared to 2020, marking a 40% increase. Therefore, the increasing number of surgical procedures is driving the growth of the operating room management software market.
Increasing Integration Of AI In Operating Room Management Software To Enhance Efficiency And Market Growth
Major companies operating in the operating room management software market are prioritizing the development of artificial intelligence capabilities within their software to enhance efficiency, improve decision-making, and optimize resource utilization. Artificial intelligence (AI) in operating room software involves the integration of AI technologies to improve the efficiency, accuracy, and safety of surgical procedures. For instance, in May 2022, Zimmer Biomet Holdings Inc., a US-based medical device company, introduced advanced artificial intelligence capabilities for its Omni Suite intelligent operating room. This innovative AI feature is designed to optimize surgical workflow and procedural efficiency by automating manual tasks and streamlining unnecessary technology and redundant hardware. The AI function uses cameras to automatically recognize and timestamp key operating room (OR) workflow milestones, such as patient entry and exit, door count, anesthesia administration, surgery, and cleaning. Surgical teams are guided through a process that leverages real-time access to workflow analytics to enhance OR workflow efficiency.
The operating room management software market covered in this report is segmented -
1) By Solution: Anesthesia Information Management, Data Management And Communication, Operating Room Scheduling Management, Operating Room Supply Management, Performance Management, Other Solutions
2) By Deployment: Cloud And Web Based, On-Premises
3) By End-Use: Hospitals, Ambulatory Surgical Centres (ASCs), Other End-Uses
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Major companies operating in the operating room management software market are McKesson Corporation, Optum Inc., Medtronic Plc, Siemens Healthineers AG, Koninklijke Philips N.V., Stryker Corporation, GE HealthCare Technologies Inc. , B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith & Nephew plc, Steris plc, Hill-Rom Holdings Inc., Getinge Group, KARL STORZ GmbH & Co. KG, Richard Wolf GmbH, Picis Clinical Solutions Inc., Talis Clinical LLC, Medtel, Genesis Automation Healthcare, Epic Systems Corporation, Medical Information Technology Inc.
Contents of the report:
1. Executive Summary
2. Operating Room Management Software Market Report Structure
3. Operating Room Management Software Market Trends And Strategies
4. Operating Room Management Software Market - Macro Economic Scenario
5. Operating Room Management Software Market Size And Growth
…..
27. Operating Room Management Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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