Market Overview:
The global surgical information system market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for integrated tissue tracking, patient tracking, and perioperative dashboards systems across different applications such as intensive care units (ICUs), operating rooms (ORs), and others. Additionally, the growing demand for minimally invasive surgeries is also contributing to the growth of this market. However, lack of awareness about these systems among healthcare professionals may restrain the growth of this market during the forecast period.
Product Definition:
A surgical information system (SIS) is a computerized information system used in health care that supports the management of surgical patients. The purpose of an SIS is to provide a comprehensive, real-time view of all aspects of a patient's care, including preoperative, operative, and postoperative data.
An SIS can help improve patient safety by providing timely alerts when problems or potential problems are identified. It can also help optimize resource utilization by providing data on the use of supplies and equipment and by identifying opportunities for process improvement.
Integrated Tissue Tracking:
Integrated Tissue Tracking (ITT) is a tissue tracking technology that involves the integration of imaging data, clinical information and telemetry data in one system. ITT helps to reduce errors during surgery by providing real-time tissue position and health monitoring. The technology also provides surgeons with an interactive interface to access critical patient information during surgeries such as identification of vital signs, medication allergies, etc., which can be used for post-operative care.
Patient Tracking:
Patient tracking is the process of registering, monitoring and managing patients in healthcare facilities. Patient tracking systems are used by hospitals to improve patient safety and care along with reducing costs. The benefits offered by patient tracking systems such as reduction in readmission rate, improved quality of care provided to patients, enhanced staff productivity & efficiency are expected to drive the growth of global patient trackers market over the forecast period.
Application Insights:
The others segment includes emergency rooms, clinics and other outpatient facilities. The system is widely used in clinics and other outpatient facilities to improve the flow of information between departments. Furthermore, it helps reduce readmissions by improving communication between doctors and patients. These factors are anticipated to drive the global surgical information system market over the forecast period.
Intensive Care Units (ICUs) held a major share in 2017 owing to increasing incidence of trauma cases worldwide coupled with rising awareness about providing high-quality care in an ICU setting is expected to drive this segment over the forecast period (18% CAGR).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for efficient healthcare services. Moreover, rising number of surgical procedures is anticipated to drive this regional market further. According to a study published by WHO in 2014, around 1 billion people worldwide were affected by non-communicable diseases (NCDs), which include cardiovascular disease and diabetes. It was estimated that about 90% of deaths due to NCDs occurred in low and middle income countries (LMICs).
The Asia Pacific region accounted for a revenue share exceeding 15% owing to factors such as improving healthcare infrastructure with increased government spending on medical care or rising prevalence of chronic diseases leading towards higher health expenditure per capita than other regions.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global surgical information system market is expected to grow at a CAGR of 7.5% during the forecast period due to the increasing demand for minimally invasive surgeries. Minimally invasive surgeries are less traumatic and result in shorter hospital stays, which is driving the adoption of surgical information systems.
- Growing number of hospitals and clinics: The growth in the number of hospitals and clinics is also contributing to the growth of the surgical information system market as these institutions are increasingly adopting these systems to manage their operations more efficiently.
- Rising healthcare expenditure: Healthcare expenditure is on rise globally, owing to which hospitals are investing in new technologies such as surgical information systems to improve patient care outcomes and operational efficiency. This is further propelling the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical Information System Market Research Report
By Type
Integrated Tissue Tracking, Patient Tracking, Perioperative Dashboards
By Application
Intensive Care Units, Operating Rooms, Others
By Companies
Cerner, Siemens, McKesson, Surgical Information Systems, CompuGroup Medical
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Surgical Information System Market Report Segments:
The global Surgical Information System market is segmented on the basis of:
Types
Integrated Tissue Tracking, Patient Tracking, Perioperative Dashboards
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
Intensive Care Units, Operating Rooms, Others
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
- Siemens
- McKesson
- Surgical Information Systems
- CompuGroup Medical
Highlights of The Surgical Information System 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:
- Integrated Tissue Tracking
- Patient Tracking
- Perioperative Dashboards
- By Application:
- Intensive Care Units
- Operating Rooms
- Others
- 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 Surgical Information System 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?
A surgical information system (SIS) is a computerized system that provides surgeons with real-time data on patient operations. This information can be used to improve patient care and safety.
Some of the key players operating in the surgical information system market are Cerner, Siemens, McKesson, Surgical Information Systems, CompuGroup Medical.
The surgical information system market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Surgical Information System 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 Surgical Information System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surgical Information System 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 Surgical Information System 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 Surgical Information System Market Size & Forecast, 2018-2028
4.5.1 Surgical Information System Market Size and Y-o-Y Growth
4.5.2 Surgical Information System Market Absolute $ Opportunity
Chapter 5 Global Surgical Information System 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 Surgical Information System Market Size Forecast by Type
5.2.1 Integrated Tissue Tracking
5.2.2 Patient Tracking
5.2.3 Perioperative Dashboards
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Surgical Information System 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 Surgical Information System Market Size Forecast by Applications
6.2.1 Intensive Care Units
6.2.2 Operating Rooms
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surgical Information System 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 Surgical Information System 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 Surgical Information System Analysis and Forecast
9.1 Introduction
9.2 North America Surgical Information System 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 Surgical Information System Market Size Forecast by Type
9.6.1 Integrated Tissue Tracking
9.6.2 Patient Tracking
9.6.3 Perioperative Dashboards
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 Surgical Information System Market Size Forecast by Applications
9.10.1 Intensive Care Units
9.10.2 Operating Rooms
9.10.3 Others
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 Surgical Information System Analysis and Forecast
10.1 Introduction
10.2 Europe Surgical Information System 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 Surgical Information System Market Size Forecast by Type
10.6.1 Integrated Tissue Tracking
10.6.2 Patient Tracking
10.6.3 Perioperative Dashboards
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 Surgical Information System Market Size Forecast by Applications
10.10.1 Intensive Care Units
10.10.2 Operating Rooms
10.10.3 Others
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 Surgical Information System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Surgical Information System 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 Surgical Information System Market Size Forecast by Type
11.6.1 Integrated Tissue Tracking
11.6.2 Patient Tracking
11.6.3 Perioperative Dashboards
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 Surgical Information System Market Size Forecast by Applications
11.10.1 Intensive Care Units
11.10.2 Operating Rooms
11.10.3 Others
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 Surgical Information System Analysis and Forecast
12.1 Introduction
12.2 Latin America Surgical Information System 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 Surgical Information System Market Size Forecast by Type
12.6.1 Integrated Tissue Tracking
12.6.2 Patient Tracking
12.6.3 Perioperative Dashboards
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 Surgical Information System Market Size Forecast by Applications
12.10.1 Intensive Care Units
12.10.2 Operating Rooms
12.10.3 Others
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) Surgical Information System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Surgical Information System 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) Surgical Information System Market Size Forecast by Type
13.6.1 Integrated Tissue Tracking
13.6.2 Patient Tracking
13.6.3 Perioperative Dashboards
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) Surgical Information System Market Size Forecast by Applications
13.10.1 Intensive Care Units
13.10.2 Operating Rooms
13.10.3 Others
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 Surgical Information System Market: Competitive Dashboard
14.2 Global Surgical Information System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cerner
14.3.2 Siemens
14.3.3 McKesson
14.3.4 Surgical Information Systems
14.3.5 CompuGroup Medical
