May 22, 2024
Anesthesia Information Management Systems Market

Anesthesia Information Management Systems Market Is Trending Due To Increasing Adoption Of EHR And EMR

The anesthesia information management systems market refers to software solutions that help in digitizing and streamlining workflow as well as enhancing decision making during anesthesia procedures. These solutions allow integration of key device and clinical systems in the operating room to record, maintains and document full anesthesia details and records from pre- to post-operation in a single location accessible to clinicians. Anesthesia information management systems safely digitizes anesthesia charts and monitors patient health in real-time during surgeries.

The Global Anesthesia Information Management Systems Market is estimated to be valued at US$ 477.96 Bn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the anesthesia information management systems are Koninklijke Philips N.V., GE HealthCare, Drägerwerk AG & Co. KGaA, Flexicare (Group) Limited, Fisher & Paykel Healthcare Limited. These players are focusing on developing integrated AIMS solutions and services to improve workflow efficiency in the operating rooms.

The growing Anesthesia Information Management Systems Market Demand is attributed to rising number of surgeries performed globally and increasing focus on improving patient safety and outcomes. Adoption of AIMS allows standardization and optimization of clinical processes in the operating room.

Growing investment by hospitals and ambulatory surgical centers to adopt electronic health records and digitize workflow is expanding the global anesthesia information management systems market. Majority of hospitals are implementing AIMS to improve compliance, reduce medical errors and enhance collaboration between anesthesia providers and other surgical staff.

Market Key Trends

One of the key trends gaining traction in the anesthesia information management systems market is the increasing adoption of mobile AIMS apps. Major players have launched mobile applications that allow anesthesia providers to remotely access patients’ records and monitors from outside the operating room. This helps improve visibility and flexibility. Another trend is the integration of AIMS with hospital EMR/EHR systems. Seamless data sharing between AIMS and other clinical databases helps facilitate exchange of real-time patient information among caregivers for better clinical outcomes.

Porter’s Analysis

Threat of new entrants: New entrants find it difficult to enter the market due to high setup costs and established brand loyalty of existing players.

Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of alternatives and sensitivity to pricing.

Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to the availability of substitutes and fewer suppliers in the market.

Threat of new substitutes: Substitutes have low threat as anesthesia information management systems provide integrated operating room information systems.

Competitive rivalry: Fierce competition exists among existing players to gain market share.

Geographical Regions

North America region accounts for the largest market share in terms of value owing to rising adoption of advanced healthcare IT solutions and stringent regulatory mandates.

Asia Pacific is poised to grow at the fastest rate due to increasing investments by public and private players to modernize healthcare infrastructure and rising medical tourism in countries like India, China, and Japan.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it