Operating Room Management Market Reaches $4,551.1 Million by 2019 with Rapid Rise in Demand – Report by MarketsandMarkets
(PRWEB) February 06, 2015 -- The report estimates the global operating room management (ORM) market to grow at a CAGR of 10.5% from 2014 to reach $4,551.1 million by 2019.
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According to the report operating room management market is witnessing steady rise in the demand since the last few years. This growth is attributed to several vital driving factors. These factors include growth in the number of aging population and increased patient volume across the healthcare centers.
Apart from that growing need for cost effective operating room solutions and rising surgical procedures are also projected to be vital driving factors for this market. As mentioned in the report, government initiatives and increased funding are also expected to create growth opportunities for this market in the years to come.
This report segments the global ORM market on the basis of various types of products and their applications. The report also provides detailed geographic analysis of the operating room management market during the next four to five years. Segments like data management and anesthesia management will witness rapid growth in near future. Software segment is expected to dominate the components segment of the market. Preoperative applications on the other hand are expected witness the fastest growth by 2019.
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North America region is expected to dominate the global operating room management market on the basis of market shares. While Europe is expected to follow North America, emerging markets like Asia Pacific are expected to grow at the highest CAGR.
The report profiles various key players in this market. These players include Epic System Corporation (USA), Cerner Corporation (USA), McKesson Corporation (USA), MEDITECH (U.S.) and McKesson Corporation (U.S).
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