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Surgical Management Systems Markets in Europe

Product Type: Market Research Report
Published by: Frost & Sullivan
Published: January 2006
Product Code: R1-4819
Description
Research Overview

Developing Interoperable and Easily Integrable Solutions a Key Challenge

The surge of global participants entering the European healthcare industry is pressurising surgical management systems vendors to develop interoperable as well as easily integrable solutions. This is a huge challenge in an industry dominated by legacy systems vendors and hospitals that have already integrated various management and individual clinical solutions with existing healthcare information systems (HIS). Interoperability between systems at an enterprise level is critical for various departments to share information seamlessly so that everyone concerned can access and make use of vital surgery-related details. Thus, solutions that integrate preoperative, operative and postoperative information as well as provide easy and timely access are most likely to meet with success.

This Frost & Sullivan research service provides a comprehensive overview of and an outlook for the European surgical management systems markets, covering market drivers and restraints, industry challenges and strategic recommendations as well as product and geographical trends. This can help participants capitalise on the major growth opportunities available in the markets.

Need for Better Inventory Management and Efficiency Drives Market

The challenge of providing superior healthcare under strict budgets is compelling healthcare providers to adopt IT solutions to achieve greater efficiency. Across Europe, hospitals are increasingly focusing on achieving various key goals such as enhancing physician satisfaction and patient safety, reducing operating expenses as well as increasing the number of cases to boost profitability. "These factors are expected to drive the growth of the surgical management systems markets," remarks the analyst of this research service. "The initiatives taken by healthcare authorities are set to become the principal drivers for information systems implementation in the operating room (OR)."

Moreover, hospitals are facing increasing cancellation of cases due to shortage of employees, lack of required inventory and delays in information access. Implementing surgery informatics can provide effective solutions to these issues. Already, hospitals are using scheduling solutions, which are a part of surgery management systems, to plan OR activities and the allocation of resources required there. This helps improve efficiency and prevents delays or cancellations of cases.

Systems Integration seen as the Way Forward

While the HIS industry in the United States has to abide by strict federal regulations that govern transactions, security issues and standards use, this is not the case in Europe. As a result, many disparate solutions developed by different vendors prevail in the individual European markets. This has created the need for a common systems architecture that ensures improved healthcare delivery through better integration of delivery systems and quick access to patient data.

With this in mind, several multinational companies are attempting to adapt their successful American systems to European needs. However, local participants will have to make added efforts in this direction. Systems integration within the OR and other interlinked departments of a hospital boosts efficiency and profits by optimising OR utilisation and streamlining workflow. "Keeping in view the industry trends of low expenditure and replacement rates of legacy systems, vendors have to ensure compatibility with existing systems," says the analyst. "The new system needs to be interactive as well as integrate preoperative, operative and postoperative information."

Benefits of this Service

Evaluates Business Potential in Major Markets

The research service examines the business potential for surgical management systems vendors in the major markets in Europe.

Discusses Key Needs of the Market

The research service focuses on the critical need for vendors to develop solutions that have an integrated approach to data and information captured within the surgical suite and throughout the enterprise.

Provides Actionable Information for Strategic Planners

The research service provides important information such as the challenges facing industry participants, market drivers and restraints as well as product and geographic trends, thus helping to capitalise on the business opportunity available in the surgical management systems industry in Europe.

Availability of Decision Support Databases

The research service contains detailed decision support databases that companies can use to formulate business plans.

Market Overview

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research service:
  • Hospital administrative systems
  • Hospital clinical systems
Technologies

The following technologies are covered in this research service:
  • Surgery Management Systems: These are defined as solutions used for the collection, storage, retrieval and sharing of information relevant to the patient as well as the healthcare providers in the operating room.
  • Hospital Administrative Systems: These constitute the entire gamut of software applications that support business processes with the healthcare delivery process.
  • Hospital Clinical Information Systems: These systems include decision support solutions that enable the delivery of cost-effective, high-quality healthcare through improved clinical workflows at the point of care and treatment.
What's Included
  • Overview of surgical management systems in Europe
  • Challenges, drivers and restraints faced by solution vendors
  • Strategic recommendations for solution vendors
  • Detailed description of the surgical management systems modules
  • Analysis of the future product and geographical trends of surgical management systems in the European market
Table of Contents

1. Executive Summary
        1. Overview
                1. Summary of the Surgical Management Systems Markets in Europe

2. Glossary of Terms
        1. Glossary of Terms
                1. Abbreviations

3. Challenges Facing the Surgical Management Systems Markets in Europe
        1. Industry Challenges and Issues
                1. Industry Challenges

4. Analysis of the Surgical Management Systems Markets in Europe
        1. Overview of the Surgical Management Systems Markets in Europe
                1. Market Overview and Definitions
                2. Market Drivers
                a. Need for Better Inventory Management and Improved Efficiency
                b. Emphasis on Patient Safety and Reducing Errors
                c. Need for Advanced Decision-making Solutions
                d. Shift in Attitude of Stakeholders
                3. Market Restraints
                a. Fund Constraints
                b. Preponderance of Legacy Systems
                c. Differing Healthcare Systems Models
                d. Lack of Standardization
                4. Competitive Structure
                5. Surgical Management Systems Modules

5. Future Outlook of the Surgical Management Systems Markets in Europe
        1. Future Outlook of the Surgical Management Systems Markets in Europe
                1. Product Trends in the Surgical Management Systems Markets in Europe
                2. Geographical Trends in the Surgical Management Systems Markets in Europe

6. Market Engineering Strategy
        1. Strategic Recommendations
                1. Strategic Recommendations for the Market Participants of Surgical Management Systems in the European Markets

7. Frost & Sullivan Awards
        1. Awards for European Surgical Management Systems Markets
                1. Frost & Sullivan Awards
                2. Product Line Strategy Award

8. Database of Key Industry Participants
        1. Database of Key Industry Participants
                1. List of Market Participants in Europe

9. Decision Support Database
        1. Database on Healthcare Infrastructure
                1. Number of Hospitals in Europe
                2. Number of Hospital Beds in Europe
        2. Database on Healthcare Expenditure
                1. Government Healthcare Expenditure in Europe
                2. Private Healthcare Expenditure in Europe
                3. Healthcare Expenditure as Percentage of GDP

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