Market Overview:
The global operating theatre management tools 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 minimally invasive surgeries, rising healthcare expenditure, and growing awareness about surgical safety and quality. Based on type, the global operating theatre management tools market is segmented into services and software solutions. The software solutions segment is further sub-segmented into anesthesia information management systems (AIMS), data management and communication solutions (DMCS), operating room supply management solutions (ORSSM), operating room scheduling solutions (ORSOS), performance management solutions (PMS), and other software solution segments. The services segment is further sub-segmented into consulting services, training & education services, system integration services, support & maintenance services, and other service segments. Based on application, the global operating theatre management tools market is divided into five major segments: AIMS, DMCSs,, ORSSMs,, ORSOSs,, PMSs,. Among these applications AIMS held the largest share in 2017 owing to its ability to manage critical patient data such as drug allergies or adverse reactions which can have an impact on patient safety during surgery.
Product Definition:
Operating theatre management tools are used to manage and operate theatres. They include software for tracking surgeries, patient information, and resources. They also include equipment such as monitors, anesthesia machines, and surgical equipment. The importance of operating theatre management tools is that they help ensure that surgeries are performed safely and efficiently.
Services:
Services are the invisible assets that help in improving the efficiency of healthcare delivery. They include professional and technical services, such as software design & development, clinical & laboratory research, medical writing & publishing, data management services and others. Healthcare facilities use a variety of service-based contracts to procure professional expertise for specific tasks or projects.
The global increase in demand for healthcare is expected to propel growth over the forecast period.
Software Solutions:
Software solutions and it's usage in operating theatre management tools market is expected to grow at a significant rate over the forecast period. The key drivers for this market are increasing demand for automation, need to reduce turnaround time, growing number of hospitals using IT systems and rising government initiatives towards implementation of advanced healthcare IT infrastructure.
The software solutions help in reducing errors & complications during surgical procedures by providing efficient workflow system which helps in better patient care delivery.
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 train surgeons in real-time using state-of-the-art technology while providing a realistic experience that helps them perform better during surgeries. Healthcare analytics provides critical information regarding patient¢â‚¬â„¢s health to enable healthcare providers make better decisions about patient treatment thereby improving the quality of care provided.
The demand for anesthesia information systems is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to an increase in number of procedures that require proper monitoring & tracking during surgery along with improved safety standards across various hospitals globally which has ledto increased investments by hospitals in these systems over the past few years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as increasing demand for advanced healthcare solutions, rising number of surgical procedures performed in hospitals, and growing need for ORMCs. Moreover, the presence of key players is also expected to drive growth over the forecast period. The U.S.
Asia Pacific region is anticipated to grow at an exponential rate over the forecast period owing to increasing government initiatives pertaining hospital & anesthetic management systems (HAMMS), coupled with rising awareness about patient safety during surgery operations & post-operative care phases. Furthermore, improving medical infrastructure and rapid economic development are some other factors driving regional growth HAMS).
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. This is likely to drive the demand for OT management tools in the coming years.
- Growing number of surgical procedures: According to a study by MarketsandMarkets, the global surgical procedures market is expected to grow at a CAGR of 6% from 2016-2021. This growth can be attributed to factors such as an aging population, rising prevalence of chronic diseases, and increasing awareness about advanced surgical treatments options among patients worldwide. As more and more people undergo surgery each year, there will be an increased need for OT management tools that can help improve operational efficiency and patient safety during these procedures.
Scope Of The Report
Report Attributes
Report Details
Report Title
Operating Theatre Management Tools 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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Operating Theatre Management Tools Market Report Segments:
The global Operating Theatre Management Tools 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
Highlights of The Operating Theatre Management Tools 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 Tools 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?
Operating Theatre Management Tools (OTMT) is a software application that helps theatre managers to manage their theatres and patients. OTMT includes features such as patient records, financial management, marketing and communication tools, and performance tracking.
Some of the major companies in the operating theatre management tools 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 tools market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Operating Theatre Management Tools 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 Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Operating Theatre Management Tools 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 Tools 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 Tools Market Size & Forecast, 2018-2028
4.5.1 Operating Theatre Management Tools Market Size and Y-o-Y Growth
4.5.2 Operating Theatre Management Tools Market Absolute $ Opportunity
Chapter 5 Global Operating Theatre Management Tools 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 Tools 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 Tools 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 Tools 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 Tools 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 Tools 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 Tools Analysis and Forecast
9.1 Introduction
9.2 North America Operating Theatre Management Tools 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 Tools 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 Tools 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 Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Operating Theatre Management Tools 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 Tools 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 Tools 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 Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Operating Theatre Management Tools 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 Tools 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 Tools 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 Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Operating Theatre Management Tools 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 Tools 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 Tools 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 Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Operating Theatre Management Tools 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 Tools 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 Tools 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 Tools Market: Competitive Dashboard
14.2 Global Operating Theatre Management Tools 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
