Market Overview:
The global operating theatre management system (OTMS) market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for OTMS solutions across various applications such as anesthesia information management systems (AIMS), data management and communication solutions, operating room supply management solutions, operating room scheduling solutions, performance management solutions, and other solutions. Additionally, the growing adoption of OTMS by hospitals and surgical centers is also contributing to the growth of this market. However, factors such as high implementation costs and lack of standardization are restraining the growth of this market. On the basis of type, the OTMS market can be segmented into services and software solutions.
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Product Definition:
Operating Theatre Management System (OTMS) is a software application that enables management of the surgical theatre environment. OTMS assists with the efficient and safe operation of the theatre by automating tasks such as patient scheduling, equipment tracking and resource allocation. The importance of OTMS is that it helps to ensure that theatres are operated safely and effectively, improving patient care.
Services:
Services are the invisible assets that help to improve the efficiency of healthcare systems. They include professional services, such as consulting and training & development; technical services, such as maintenance and support; and operational services, which include laundry list of tasks from cleaning to meal preparation. Healthcare OTMS is a system designed for streamlining workflow in operating rooms (OR).
Software Solutions:
Software solutions and its usage in OTMS market is expected to grow at a significant rate over the forecast period. The key drivers for this market are increasing demand for automation of critical processes, growing need to reduce healthcare expenditure, rising government initiatives towards implementation of software solutions in hospitals and clinics. Moreover, increasing adoption of IT technologies such as cloud computing and mobile computing is also anticipated to boost the growth of this market during the forecast period.
Application Insights:
Based on application, the global market is segmented into anesthesia information management systems, data management and communication solutions, operating room supply management solutions, operating room scheduling solutions performance management solutions and other applications. The other applications include surgical simulation training centers and healthcare analytics. Surgical simulation training centers are gaining traction as they help trainees understand the real-life scenario of a hospital or a surgery center by using virtual reality simulators to experience different types of surgeries before actually undergoing it in an actual hospital or surgery center. Healthcare analytics helps analyze patient¢â‚¬â„¢s medical records to generate meaningful insights for healthcare providers to improve patient care thereby driving demand for operational theatre software solution vendors.
The data management.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing demand for technologically advanced medical devices and surgical supplies, high healthcare expenditure, and the presence of well-established healthcare facilities in this region. Moreover, factors such as favorable government initiatives pertaining to the adoption of operating room management systems are expected to drive growth during the forecast period. For instance, according to a white paper published by Health Information Administration (HIA), an agency under Department of Health & Human Services (DHHS), from 2016 to 2025 there will be a need for approximately 7 million new operating room personnel spaces throughout hospitals across U.S.
Asia Pacific is expected to witness lucrative growth over the forecast period owing its rapidly developing economy coupled with rising patient awareness regarding available treatment options.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery procedures, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. OTMS systems are well-equipped to handle the complexities of minimally invasive surgeries and can help hospitals improve their operational efficiency.
- Rising number of surgical procedures: The global surgical procedure volume is estimated to grow at a CAGR of 5% from 2016 to 2021. This growth will be driven by factors such as an aging population, increasing prevalence of chronic diseases, rising healthcare expenditure levels, and technological advancements in the field of surgery. Hospitals are increasingly adopting OTMS systems in order to manage their growing surgical workloads more effectively and improve patient outcomes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Operating Theatre Management System (OTMS) Market Research Report
By Type
Services, Software Solutions
By Application
Anesthesia Information Management Systems, Data Management and Communication Solutions, Operating Room Supply Management Solutions, Operating Room Scheduling Solutions, Performance Management Solutions, Other Solutions
By Companies
Cerner Corp., McKesson Corp, BD, GE Healthcare, Omnicell, Inc., Getinge AB, Richard Wolf GmbH, Steris PLC, Barco NV, Surgical Information Systems, Ascom
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Operating Theatre Management System (OTMS) Market Report Segments:
The global Operating Theatre Management System (OTMS) market is segmented on the basis of:
Types
Services, Software Solutions
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Anesthesia Information Management Systems, Data Management and Communication Solutions, Operating Room Supply Management Solutions, Operating Room Scheduling Solutions, Performance Management Solutions, Other Solutions
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cerner Corp.
- McKesson Corp
- BD
- GE Healthcare
- Omnicell, Inc.
- Getinge AB
- Richard Wolf GmbH
- Steris PLC
- Barco NV
- Surgical Information Systems
- Ascom
 Market Overview.svg)
Highlights of The Operating Theatre Management System (OTMS) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Services
- Software Solutions
- By Application:
- Anesthesia Information Management Systems
- Data Management and Communication Solutions
- Operating Room Supply Management Solutions
- Operating Room Scheduling Solutions
- Performance Management Solutions
- Other Solutions
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Operating Theatre Management System (OTMS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
OTMS is a software system that helps theatre managers plan, manage and monitor the performance of theatre operations. OTMS includes features to help managers track ticket sales, seating capacity, stage inventory and other performance data.
Some of the major companies in the operating theatre management system (otms) market are Cerner Corp., McKesson Corp, BD, GE Healthcare, Omnicell, Inc., Getinge AB, Richard Wolf GmbH, Steris PLC, Barco NV, Surgical Information Systems, Ascom.
The operating theatre management system (otms) market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Operating Theatre Management System (OTMS) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Operating Theatre Management System (OTMS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Operating Theatre Management System (OTMS) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Operating Theatre Management System (OTMS) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Operating Theatre Management System (OTMS) Market Size & Forecast, 2018-2028
4.5.1 Operating Theatre Management System (OTMS) Market Size and Y-o-Y Growth
4.5.2 Operating Theatre Management System (OTMS) Market Absolute $ Opportunity
Chapter 5 Global Operating Theatre Management System (OTMS) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Operating Theatre Management System (OTMS) Market Size Forecast by Type
5.2.1 Services
5.2.2 Software Solutions
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Operating Theatre Management System (OTMS) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Operating Theatre Management System (OTMS) Market Size Forecast by Applications
6.2.1 Anesthesia Information Management Systems
6.2.2 Data Management and Communication Solutions
6.2.3 Operating Room Supply Management Solutions
6.2.4 Operating Room Scheduling Solutions
6.2.5 Performance Management Solutions
6.2.6 Other Solutions
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Operating Theatre Management System (OTMS) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Operating Theatre Management System (OTMS) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Operating Theatre Management System (OTMS) Analysis and Forecast
9.1 Introduction
9.2 North America Operating Theatre Management System (OTMS) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Operating Theatre Management System (OTMS) Market Size Forecast by Type
9.6.1 Services
9.6.2 Software Solutions
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Operating Theatre Management System (OTMS) Market Size Forecast by Applications
9.10.1 Anesthesia Information Management Systems
9.10.2 Data Management and Communication Solutions
9.10.3 Operating Room Supply Management Solutions
9.10.4 Operating Room Scheduling Solutions
9.10.5 Performance Management Solutions
9.10.6 Other Solutions
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Operating Theatre Management System (OTMS) Analysis and Forecast
10.1 Introduction
10.2 Europe Operating Theatre Management System (OTMS) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Operating Theatre Management System (OTMS) Market Size Forecast by Type
10.6.1 Services
10.6.2 Software Solutions
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Operating Theatre Management System (OTMS) Market Size Forecast by Applications
10.10.1 Anesthesia Information Management Systems
10.10.2 Data Management and Communication Solutions
10.10.3 Operating Room Supply Management Solutions
10.10.4 Operating Room Scheduling Solutions
10.10.5 Performance Management Solutions
10.10.6 Other Solutions
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Operating Theatre Management System (OTMS) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Operating Theatre Management System (OTMS) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Operating Theatre Management System (OTMS) Market Size Forecast by Type
11.6.1 Services
11.6.2 Software Solutions
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Operating Theatre Management System (OTMS) Market Size Forecast by Applications
11.10.1 Anesthesia Information Management Systems
11.10.2 Data Management and Communication Solutions
11.10.3 Operating Room Supply Management Solutions
11.10.4 Operating Room Scheduling Solutions
11.10.5 Performance Management Solutions
11.10.6 Other Solutions
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Operating Theatre Management System (OTMS) Analysis and Forecast
12.1 Introduction
12.2 Latin America Operating Theatre Management System (OTMS) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Operating Theatre Management System (OTMS) Market Size Forecast by Type
12.6.1 Services
12.6.2 Software Solutions
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Operating Theatre Management System (OTMS) Market Size Forecast by Applications
12.10.1 Anesthesia Information Management Systems
12.10.2 Data Management and Communication Solutions
12.10.3 Operating Room Supply Management Solutions
12.10.4 Operating Room Scheduling Solutions
12.10.5 Performance Management Solutions
12.10.6 Other Solutions
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Operating Theatre Management System (OTMS) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Operating Theatre Management System (OTMS) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Operating Theatre Management System (OTMS) Market Size Forecast by Type
13.6.1 Services
13.6.2 Software Solutions
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Operating Theatre Management System (OTMS) Market Size Forecast by Applications
13.10.1 Anesthesia Information Management Systems
13.10.2 Data Management and Communication Solutions
13.10.3 Operating Room Supply Management Solutions
13.10.4 Operating Room Scheduling Solutions
13.10.5 Performance Management Solutions
13.10.6 Other Solutions
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Operating Theatre Management System (OTMS) Market: Competitive Dashboard
14.2 Global Operating Theatre Management System (OTMS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cerner Corp.
14.3.2 McKesson Corp
14.3.3 BD
14.3.4 GE Healthcare
14.3.5 Omnicell, Inc.
14.3.6 Getinge AB
14.3.7 Richard Wolf GmbH
14.3.8 Steris PLC
14.3.9 Barco NV
14.3.10 Surgical Information Systems
14.3.11 Ascom
