(EMAILWIRE.COM, April 27, 2018 ) The global operating room management (ORM) market accounted for USD 2.01 Billion in 2017 and is expected to grow at a CAGR of 11.2% to reach USD 3.4 Billion by 2022.

Emphasis on cost control, efficiency improvement in ORs, redevelopment projects & funding to improve OR infrastructure, growing prevalence of diseases, rising geriatric population, and the increasing demand for OR supply management software are factors driving the growth of this market.

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Operating room management market is segmented by solution, delivery mode, component, end user, and region. The solution segment is further segmented by data management & communication solutions, anesthesia information management systems, operating room supply management solutions, operating room scheduling solutions, performance management solutions, and other solutions. The data management & communication solutions segment is expected to dominate the market in 2017. The high growth rate of this segment is primarily attributed to its increasing demand and significant role in efficiently managing operating room expenditure.

Delivery mode is further classified into on-premise solutions, web-based solutions, and cloud-based solutions. The on-premise solutions segment is expected to account for largest share of the market in 2017. This delivery mode is preferred by end users owing to the advantages it offers such as the ability to reuse existing servers and easy implementation of backup and disaster recovery systems.

By component, the market is segmented into software and services. The software segment is expected to dominate the market in 2017. The large share of this segment can primarily be attributed to the growing installation of ORM software, coupled with the high cost of software and other associated costs such as licensing.

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End-user segment of this market is further segmented into hospitals and ambulatory surgery centers. Hospitals are expected to hold the largest share of the global operating room management market. As hospitals comprise multiple operating rooms, the demand for ORM solutions is higher among these end users owing to the requirement of efficiently managing a large number of surgery cases and maintaining a record of different surgeons and their availability.

Geographically, the global operating room management market is segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). In 2016, North America dominated the market, and this is primarily attributed to increasing hospital expenditure, rising focus on activities to create awareness about operating room management, and the large number of operating room procedures in this region. APAC is expected to witness the highest CAGR during the forecast period, owing to the increasing need to curb healthcare costs, investments & reforms to modernize the healthcare system, improving IT infrastructure are driving the growth of market in the region.

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The factors such as the high price and maintenance costs of ORM software and the dearth of skilled OR technicians restraints the growth of this market to a certain extent.

Some key players in the operating room management market are GE Healthcare (US), McKesson Corporation (US), and Cerner Corporation (US) dominated the global market. Some of the other players competing in this market are Becton, Dickinson and Company (US), Surgical Information Systems (US), Optum (US), MEDITECH (US), Picis Clinical Solutions (US), Getinge AB (Sweden), STERIS plc. (US), Omnicell (US), Stryker Corporation (US), Richard Wolf (Germany), Brainlab (Germany), EIZO (Germany), DxC Technology (US), Allscripts Healthcare Solutions (US), Orpheus Medical (US), and COMEG Medical Technologies (Germany).

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