Operating Room Management Market: High pricing and maintenance costs of ORM software
The global operating room management market size is expected to reach USD 4.4 billion by 2025 from
USD 2.4 billion in 2020, at a CAGR of 12.4%.
Growth in this market can be attributed to factors such as the emphasis on cost control and efficiency
improvement in hospitals, growing adoption of EHRs and other HCIT solutions, favorable government
support, redevelopment projects, and the availability of funding to promote OR infrastructure.
However, a dearth of skilled surgeons in integrated operating rooms and the high prices and
maintenance costs of ORM software are expected to hinder the market growth.
Operating Room Management Market Dynamics
Drivers: Increasing emphasis on cost control and efficiency improvement in hospitals
The overall cost of healthcare delivery has grown significantly over the last few decades, mainly due to
increasing health insurance premiums, the rising demand for quality healthcare services, rising geriatric
population, and the increasing incidence of chronic disorders. Another important factor attributing to
rising healthcare costs is the high dependency on traditional and outdated methods such as paper-based
patient records, which leads to an increase in readmission rates, medical errors, and administration
To know about the assumptions considered for the study, download the pdf brochure
Restrains: High pricing and maintenance costs of ORM software
The adoption of ORM solutions has been particularly affected by its high installation and maintenance
costs. ORM software, when once installed, also requires to be regularly updated as per the user’s
requirement and software enhancements, thereby presenting recurring expenditure. Additionally, the
maintenance of high-end IT-enabled systems typically costs more than the software itself.
Opportunities: Emerging markets and growing medical tourism
Brazil, Russia, India, China, and South Africa (BRICS) are among the fastest-gr