Surgical Information Systems are Crucial to Enhancing Surgical Treatment, Minimising Errors and Growing Patient Outcomes
SIS is a comprehensive suite of software applications that controls and simplifies surgical operations, medical documentation and information about patients in real-time. The rising number of various chronic diseases among the world's growing population is also expected to enhance the market share. According to Centres for Disease Control and Prevention (CDC), 6 in 10 adults in the United States have a chronic disease, and 4 in 10 adults have two or more chronic diseases. Furthermore, chronic diseases account for US$ 4.1 trillion in annual healthcare costs in the United States. Factors such as rising demand for minimally invasive treatments, increased awareness of the benefits of surgical information systems, and technological improvements in the healthcare sector are driving the market. According to a study released by the National Centre for Biotechnology Information (NCBI), up to 20 milion patients require ICU hospitalisation and mechanical ventilation each year. These devices are being used to enhance efficiency and patient outcomes in other surgical disciplines.
Rising Geriatric Population Offers a Lucrative Market Opportunity to Market Players
The widespread adoption of value-based healthcare models, a growing elderly population and the need to maximise resources and boost operational efficiencies are all likely to drive the SIS industry forward. According to the WHO, by 2030, one in every six persons in the world would be 60 or older. At this point, the number of the population aged 60 and up will rise to 1.4 billion. The world's population of people aged 60 and over will double accounting for 2.1 billion by 2050. The hospitalisation of patients is expected to grow as the geriatric population causes an increase in health-related issues, particularly cardiovascular and neurological diseases. According to the CDC, approximately 523 million individuals had some type of CVD, with roughly 19 million fatalities attributed to CVD, this represents nearly 32% of all global deaths. This hospitalisation is likely to result in procedures requiring intensive care, which will likely propel the market. For instance, high acuity information systems a crucial part of which is surgical information systems provide the essential organised patient information. Surgical information systems often aid in the maintenance of electronic patient data to advise surgeons during procedures. These systems can be found in a variety of settings, including intensive care units (ICU), operating rooms, and complicated care units (CCU). The adoption of surgical information systems has increased as a result of a significant rise in the number of operations and ICU patients.
Recent Trends in Surgical Information System Market:
- Rising emphasis on integrating SIS with EHR systems to streamline data management.
- Application of AI and machine learning to enhance surgical planning, predictive analytics.
- Growing preference for minimally invasive techniques.
- Enhanced SIS features aimed at improving patient safety.
- Development of mobile and remote access capabilities.
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Lack of Accessibility as well as the Proficiency Required for Managing the Automations is Expected to be a Challenge
The market is expected to be impeded by the implementation of decision support and data analytics technologies. The easy availability and organization of data in surgical information systems help in efficient use of surgical resources, enhancing the perioperative process. However, challenges arise in their adoption due to limited accessibility and expertise needed to operate the systems. Limited access to state-of-the-art technology and seasoned staff can impede the effective incorporation and utilization of such systems. Addressing the challenges requires specific efforts to enhance availability and facilitate training programs for healthcare professionals to fully utilize the benefits of surgical information systems.
Partnership and Innovation Driving the Market Expansion
Collaborations and new ideas are crucial for advancing the growth of the surgical information system market. Collaboration between tech providers and healthcare institutions supports the creation of specialized surgical solutions. For instance, in January 2024, Medical Microinstrument (MMI) signed with Ab Medica, an Italian medical technological corporation, the Symani Surgical System to increase its foothold in global market to enhance the chances of patients’ recovery from complicated diseases. For forty years ab medica has been supplying such state-of-the-art technologies as robotic technologies. Namely, they are aimed at increasing the coverage of MMI in Italy and making microsurgical robotic technology available to the demanded professional field and its consumers. Likewise, in February 2023, the leading Surgical Information Systems (SIS) was in the same position of the highest-ranking provider in the Ambulatory Surgery Centre Solutions for the second time in the 2023 Best in KLAS, the software and professional services report.
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Rising Adoption of Digital Technologies is Propelling Regional Market Expansion
North America has a significant share of the market in terms of region. Government efforts in North America to minimise paperwork and improve the use of digital technology for patient records storage have considerably assisted the growth of the surgical information systems industry. The rising adoption of digital technology in the region, as well as rising expenditures in the development of smart hospitals, are driving the North American surgical information systems market. However, during the forecast period, Asia Pacific is anticipated to be the market with the most lucrative opportunity. The increasing public and private sector investments in the development of the healthcare industry in countries like as China, Japan, India, and South Korea are driving the growth of the surgical information systems market in Asia Pacific region. Hospital admissions are increasing as a result of rising disease burdens and traffic accidents, which is fueling market growth.
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The report provides a detailed overview of the surgical information system market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for surgical information system market has been offered for all regional market share, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the surgical information system market. These Y-o-Y projections on regional and country-level markets brighten the political, economic and business environment outlook, which are anticipated to have a substantial impact on the growth of the surgical information system market. Some key country and region included in the surgical information system market report as follows:
| Regions | Countries |
|---|---|
| North America | United States, Canada |
| Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Rest of Latin America |
| Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Finland, Ireland, Czech Republic, Rest of Europe |
| Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific |
| Middle East and Africa | GCC Countries, South Africa, Egypt, Turkey, Morocco, Israel, Iran, Kenya, Nigeria, Rest of MEA |
Surgical Information System Market Research Report Covers In-depth Analysis on:
- Surgical information system market detailed segments and segment-wise market breakdown
- Surgical information system market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in surgical information system industry)
- Current, historical and forthcoming 10 years market valuation in terms of surgical information system market size (US$ Mn), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Surgical information system market demand analysis
- Surgical information system market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in surgical information system market
- Regulatory landscape by key regions and key countries
- Surgical information system market sales and distribution strategies
- A comprehensive overview of parent market
- A detailed viewpoint on surgical information system market forecast by countries
- Mergers and acquisitions in surgical information system market
- Essential information to enhance market position
- Robust research methodology
- Frequently Asked Questions -
What challenges does the surgical information system market face?
Key challenges include high implementation costs, the complexity of integration with existing systems and data security concerns that may hinder widespread adoption in healthcare facilities.
How will the surgical information system market evolve over the next decade?
Over the next decade, the market is expected to grow significantly, driven by technological advancements, increasing focus on patient-centric care and enhanced interoperability among healthcare systems.
What are the primary drivers for growth in the surgical information system market?
Key drivers include the increasing demand for automation in healthcare, rising surgical procedures and the need for improved patient outcomes and safety, along with regulatory compliance requirements.
