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.
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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.
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.
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.
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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.
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. In May 2017, Becton, Dickinson and Company collaborated with UniteOR, Inc., to supply a combined tracking solution for operating room setting and provide better visibility into surgical tracking management. 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.
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