Global Operating Theatre Management Tools Market Overview:
The operating theatre is one of the most expensive units to run in a hospital. Operating theatre room are always expensive to build and maintain. Surgeries also account for the majority of hospital revenues and budgets. As a result, it is both necessary and strategic for hospitals to manage operating rooms efficiently, as there is an opportunity to increase returns on investments by optimising the use of operating rooms. The operating theatre management market seeks to maximise operational efficiency by increasing the number of surgical procedures performed while reducing the number of resources required. The operating room management market is concerned with long-term decision-making based on predicted work load, which includes not only maximising personnel and material utilisation, but also expansion decisions, optimal patient safety and outcomes, and decreasing delays, with the end result of achieving satisfaction of outcomes for both physicians and patients.
Growth Drivers
- Increasing Patient Visits to the Physicians
- Rising Healthcare Costs
Roadblocks
- High Maintenance of Operating Theatre Management Tools
Opportunities
- Increase in Cases of Chronic Diseases
- Rising Opportunities in Developing Nations
Challenges
- Lack of Skilled Technicians
Competitive Landscape:
The demand for Operating Theatre Management Tools is increasing. The industry is segmented, but it is predicted to grow as rise in number of surgeries and increased investment in healthcare technologies, among other factors, drive the market forward. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position.
Some of the key players profiled in the report are GE Healthcare (United States), Cerner Corp (United States), Richard Wolf GmbH (Germany), McKesson Corporation (United States), BD (United States), ADEO (France), Getinge (Sweden), Ascom (Switzerland), Brainlab (Germany) and Steris (United States). Additionally, following companies can also be profiled that are part of our coverage like Arthrex (United States), Barco (Belgium) and Surgical Information Systems (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Operating Theatre Management Tools market by 2027. Considering Market by Solutions, the sub-segment i.e. Anaesthesia Information Management Systems will boost the Operating Theatre Management Tools market. Considering Market by Deployment, the sub-segment i.e. On-Premise will boost the Operating Theatre Management Tools market. Considering Market by Component, the sub-segment i.e. Software will boost the Operating Theatre Management Tools market. Considering Market by End User, the sub-segment i.e. Hospitals will boost the Operating Theatre Management Tools market.
Latest Market Insights:
In December 2021 BD had announced the acquisition of Tissuemed Ltd. Tissuemed Ltd.'s acquisition broadens BD's global options for surgeons outside of the United States. Tissuepatch, Tissuemed's flagship product, is a patented sealant that adheres to tissue to help control internal bleeding and prevent leaks from surgical incisions. The thin, flexible, and translucent composition of the technology, which is ready to use right out of the packaging, makes it excellent for a variety of surgical sealant applications.
What Can be Explored with the Operating Theatre Management Tools Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Operating Theatre Management Tools Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Operating Theatre Management Tools
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Operating Theatre Management Tools market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Operating Theatre Management Tools market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Hospitals, Ambulatory Surgery Centers and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.