Operating room management Market Research Report - Forecast to 2032

Operating room management Market Research Report - Forecast to 2032

ID: MRFR/HCIT/4349-HCR | | Region: Global | 100 pages

Impact of COVID-19 on Operating Room Management Market

There has been a massive impact of novel coronavirus on people’s lives over the last 5 months. It has also impacted various business industries across the globe eventually affecting the global economy. Some industries have experienced a negative growth whereas some industries have experienced huge demand and have generated massive revenues in this period. Among these, the operating room management market is one such market where the impact is both positive for certain aspects and negative for others.

It will be inaccurate to say that prior to COVID-19, all the healthcare systems across the world had enough resources to support the respective patient population. However, some of the developed countries like the US, Canada, Germany, the UK, and Japan among others had just enough resources to manage and treat the patient population. Here, operating room management software and services played an important role in managing the patient population, carry out a high number of surgeries, and treat large patients efficiently using limited resources.

COVID-19 completely changed the picture for a lot of medical organizations. As the COVID-19 was spreading across the globe, the World Health Organization had declared it a pandemic and global emergency in March 2020. By this time, the affected population was in thousands, and it created a huge number of hospital admissions. This ultimately led to a shortage of medical equipment, chemicals, reagents, beds, sanitation tools, emergency workstations among other medical needs. As the number of scheduled elective surgeries are being postponed or canceled, the medical centers took a hit in revenues.

On the other hand, as the number of hospital admissions has been rising, a huge volume of patient data is being fed into the medical databases which are managed by a limited workforce creating a burden on the medical staff.

  • Major factors that have impacted the operating room management market amid COVID-19

  • Revenues generated through surgical procedures have significantly dropped

  • All the hospitals have stopped admissions for non-emergency cases and have been focusing on COVID-19 cases

  • All the elective surgical procedures have been postponed as per the directives of governments and medical authorities. These elective surgeries account for 60-70% of total procedures by volume

  • Operating room management market is taking multiple hits as hospitals are facing a shortage of workforce, trained nurses, and surgeons and other staffing issues

  • Due to massive outbreak of the pandemic, the healthcare systems across the world are facing issues such as shortage of diagnostic and monitoring equipment, operating beds, surgical tools, operating room clothing, chemicals, and reagents

  • As per the new directives in most countries, there have been significant changes in preoperative practices including the use of PPE, safety apparels, sanitation procedures which has increased the overhead costs for hospitals

  • COVID-19 has caused economic downfall across the world and has toppled the financial dynamics of every individual. As a result, patients have been considering their treatment options with respect to their budget and insurance plans

  • International travels have been halted to control the spread of the virus which has broken the inflow and outflow of patients traveling to other countries for medical treatment

Experts believe that the impact of COVID-19 on the operating room management market is short term. No matter how bad the current scenario is for hospital management across the world, COVID-19 would not affect the operating room management market in the long run. As soon as the spread of novel coronavirus subsides, lockdowns are lifted, and the world starts to run as normal, the operating room management market is expected to gain its pace back.