Operating Room Management Market Worth $4,551.1 Million by 2019 - New Report by MarketsandMarkets
(PRWEB) November 14, 2014 -- The "Operating Room Management Market by Product (Data Management, Anesthesia, Surgical, Performance), by Application (Perioperative, Preoperative, operating room Scheduling), by Component (Software, Services), by Delivery Mode (Web-Based, On-Premise) - Global Forecast to 2019.” defines and segments the operating room management market with an analysis and forecast of value by product, such as data management, anesthesia, surgical and performance. Along with this, the value and volumes of operating room management market by applications and component are also discussed in the report.
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The global Operating Room Management Market is poised to reach $4,551.1 million by 2019 from $2,762.5 million in 2014, at a CAGR of 10.5 % from 2014 to 2019.
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The report provides a detailed overview of restraints, challenges, major drivers, opportunities, current market trends and strategies impacting the global market along with estimates and forecast of revenue. The operating room management market is segmented by applications, products, components, delivery mode, and region.
Based on type of products, the market is segmented into eight distinct categories, namely data management systems, anesthesia systems, surgical imaging systems, performance management systems, reporting systems, communication systems, recording tools, and others (environment monitoring systems, equipment management systems, and sensors). The data management systems segment accounted for~74% of the global operating room management market in 2014.
On the basis of applications, the operating room management market is categorized into the preoperative, perioperative, postoperative and operating room scheduling segments. Preoperative and perioperative applications are expected to be new revenue pockets in the applications market. The major factors driving this market are easy integration of documentation process with preoperative systems, and the growing need for reducing the rate of medical errors.
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On the basis of region, the operating room management market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).In 2014, North America is expected to account for the largest share of the global Operating room management market, followed by Europe. Developing markets such as the Middle East, China, India, and Malaysia are lucrative markets for operating room management systems, owing to favorable government incentives and developing healthcare IT infrastructure. Asia-Pacific is expected to register a higher growth rate, owing to government initiatives to strengthen IT infrastructure, and an increase in medical tourism.
Growth of the operating room management market in this region will revolve around China, India, Japan, Australia, Malaysia, Singapore and countries in the Middle East.
Major players operating in the global market are Cerner Corporation (U.S.), Epic Systems Corporation (U.S.), MEDITECH (U.S.), McKesson Corporation (U.S.) and Optum Health Inc. (United Health Group) (U.S.).
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