Segments - Anesthesia Information Management Systems Market by Solution Type(Hardware and software), Application (Preoperative Mode and Intraoperative Mode), End-user (Hospitals,Clinics, Pain Management Clinics, and Ambulatory Surgical Centers), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size,Trends, and Forecast 2023 – 2031
The anesthesia information management systems market size was valued at USD 499. 55 Bn in 2022 and is likely to reach USD 816.41 Bn by 2031, expanding at a CAGR of 5.7% during 2023–2031. The market growth is driven bygrowing demand for enhanced patient safety, improved work flow efficiency, and integration with electronic health records.
Anesthesia Information Management System (AIMS) is a smart and knowledge-based system that stores patients’ anesthesia-related information in a digital format. Itenables precise data collection, storage, and presentation of patients’ medical information digitally.
These systems offer advantages such as record-keeping functionalities and enable rapid access to summarized data for end-users.It has greatly reduced the time and effort needed to maintain records for anesthesia scheduling over the past decade.
The AIMS analyzes previous patient data, helping anesthesiologists schedule the right dosage and treatment. It capturesand stores patient information such as medical history, allergies, and vital signs electronically.The system also improves patient care by capturing vital signs, which helps prevent emergencies.
Anesthesia information management system enhances the efficiency of anesthesia workflows by automating essential tasks such as scheduling, pre-operative assessments, and documentation. It reduces the reliance on manual paper work and improves overall efficiency and facilitates better communication within the anesthesia team.Anesthesia Information Management Systems seamlessly integrates with billing and coding systems, automating anesthesia documentation and ensuring accurate billing services are provided.
The healthcare establishment adopt AIMS for storing important information about anesthesia in an organized way. It saves time for doctors and nurses by reducing paperwork. The system learns from past patient data, which helps doctors plan the right dosage and treatment for each patient. It also keeps track of vital signs, which helps doctors detect potential problems early and prevent emergencies.
According to Anesthesia Patient Safety Foundation,approximately 75% of academic anesthesiology departments in the United States have already implemented anesthesia information management systems. This number wasprojected to increase to 84% by the year 2020. These statistics indicate a promising trend of growing adoption and present a significant opportunity for the widespread use of anesthesia information management systems in the upcoming durations.
The market report finds that the COVID-19 pandemic affected the anesthesia information management system market. The virus outbreak led to several changes in healthcare practices. These include the growth in the use of new equipment, the integration of telemedicine for pre-anesthesia assessment and pain clinics, and the digitization of operating rooms, among other transformations.AIMS has been integrated with telemedicine solutions to enable remote monitoring and virtual consultations, ensuring continuity of care while reducing the risk of exposure.
Rising demand for patient-specific clinical information and anesthesia records in hospitals and ambulatory surgical centers is one of the factors propelling the market.Healthcare providers increasingly recognizing the importance of having access to detailed and accurate patient-specific clinical information during anesthesia procedures.
AIMS systems allow for the capture and storage of essential data, such as medical history, allergies, medications,and electronic documentation capabilities that improve the accuracy and previous anesthesia records. This information helps anesthesia logists make informed decisions, tailor anesthesia treatment/plans to individual patients, and ensure optimal patient safety and care.
Growing need for efficient and digital solutions that streamline access to patient records is another factorthat drives the market.AIMS systems offer electronic documentation capabilities that improve the accuracy, completeness, and accessibility of anesthesia records. By transitioning to electronic systems, healthcare providers can significantly reduce the time and effort spent on reading handwritten records. This shift towards digital platforms not only improves efficiency but also enhances patient safety by enabling quicker access to critical information.
For instance, the reliance on paper records creates challenges for anesthesia providers, who often spend more than 20 minutes reading poor handwritten notes and reviewing historical information to assess past outcomes.
High cost of implementing and maintaining anesthesia information management systems hinders the market. Healthcare organizations, particularly smaller facilities or those with limited budgets are likely to face these challenges. The initial investment required for software, hardware, infrastructure, and training can pose financial challenges.
AIMS systems are designed to improve documentation accuracy, there have been reported cases of failures in recording anesthesia-related data.Incomplete or inaccurate documentation resulting from technical glitches and human error can compromise patient safety and lead to legal-medical issues.
Increasing awareness of patient safety and efficient workflow in the healthcare industry creates lucrative opportunities for the market. AIMS systems offer real-time monitoring and alerts, enabling anesthesia providers to closely monitor patients’vital signsand promptly address any abnormalities or complications.
This contributes to improving patient safety during anesthesia procedures. AIMS automates various tasks such as documentation, scheduling, and billing whichreduces manual paperwork and administrative burden. This streamlines workflow saves time and allows anesthesia providers to focus more on patient care.
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Anesthesia Information Management Systems Market- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Solution Type (Hardware and software), Application (Preoperative Mode and Intraoperative Mode), andEnd-user (Hospitals, Clionics, Pain Management Clinics, and Ambulatory Surgical Centers) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, MarketTrends, and Revenue Forecast |
Key Players Covered in the Report |
Koninklijke Philips N.V.; Drägerwerk AG & Co. KGaA;Provation Software, Inc.; IMB; General Electric; Ambu A/S; Talis Clinical, LLC.; and GE HealthCare. |
Based on solution type, the anesthesia information management systems market is divided into hardware and software.The software segment is expected to expand at a strong growth rate during the projection period due to the advancement in technology and the rapid implementation of AIMS software.
The continuous advancements in software technologies have significantly improved the capabilities and functionalities of AIMS systems.The software automates various tasks, such as documentation, scheduling, and data analysis, these factors reduce manual effort and increase the efficiency of healthcare management.
It allows anesthesia providers to access patient information, monitor vital signs, and receive real-time alerts which helps to improve patient care and safety. The rapid implementation of AIMS software helps healthcare organizations achieve these workflow enhancements and deliver high-quality anesthesia services.
The hardware segment is expected to expand at a significant growth rate in the coming years due to the increasing adoption of AIMS and the rising data security concerns.With the growing adoption of AIMS by healthcare organizations, there is a parallel need for hardware infrastructure to host and operate software applications. This includes server systems, data storage devices, networking equipment, and computing devices that can handle the growing data volume and support the expanding user base.
AIMS generates and stores large volumes of sensitive patient data to ensure security and privacy regulation,which is the main purpose of a healthcare organization to invest in hardware solutions. These solutions include secure servers, encryption tools, backup systems, and data storage devices that provide robust data protection and disaster recovery capabilities.
On the basis of application, the global market is segregated into preoperative mode and intra operative mode.The preoperative mode is projected to register a considerable CAGR during the forecast period due to increasing detailed evaluation of patients and integration with electronic health records (EHR).
The preoperative mode of AIMS allows anesthesia providers to gather and document detailed patient information, including medical history, allergies, current medications, and pre-existing conditions.AIMS in the preoperative mode often incorporates EHR systems,enabling seamless access to patient data and helping efficient information exchange between different healthcare departments.
On the basis of end-user, the anesthesia information management systems market is segmented into hospitals, clinics, pain management clinics, and ambulatory surgical centers.The hospitals segment is expected to register a robust growth rate during the forecast period due to supporting technology and growing healthcare facilities development in emerging economies.
Hospitals are constantly putting more effort into providing better healthcare by focusing on improving patient results, ensuring patient safety, and delivering individualized care.The advancements in healthcare technology have a positive impact on hospital operations and patient care.Hospitals have improved their efficiency and the quality of healthcare services by using advanced medical equipment, digital health solutions, telemedicine, and information management systems such asAIMS.
The ambulatory surgical centers segment is projected to expand at a considerable growth rate during the projection period due to the efficiency in outpatient settings and enhanced patient safety. ASCs specialize in performing outpatient surgical procedures, leading to enabling ideal settings for the implementation of AIMS.
These centers handle a high volume of cases in a stream lined and efficient manner, they find it essential to have advanced systems for anesthesia management and documentation. AIMS systems provide real-time monitoring of patients’vital signs that alert anesthesia providers to any abnormalities or complications.ASCs are increasingly inclined to adopt AIMS to provide high-quality care during surgical procedures.
In terms of region, the global anesthesia information management systems market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.North America is expected to dominatethe market during the projection period due to the strategic moves of manufacturers and strong investments in research and development activities in the region.
Healthcare manufacturers in North America are investinga significant amount of resources in research and development (R&D) to establishadvanced Anesthesia Information Management Systems (AIMS). These investments aim to enhance system functionalities, improve the user experience, and tackle new challenges in anesthesia management. By focusing on R&D, manufacturers can introduce innovative features and maintain a competitive edge in the market.
The market in the Asia Pacific is projected to grow rapidly during the forecast period, owing to the rise inthe patient population with chronic conditions and the rapid development of healthcare infrastructure to support their needs. The expanding patient population with the chronic condition require rapid and improved surgical treatments.
Additionally, there is a rapid development of healthcare infrastructure in the region, including the establishment of hospitals, clinics, and surgical facilities, to meet the growing healthcare needs. The improved healthcare infrastructure enables better access to surgical treatments and enhances the overall healthcare services provided to patients with chronic conditions.
The global anesthesia information management systems market has been segmented on the basis of
Key players competing in the global anesthesia information management systems market are Koninklijke Philips N.V.; Drägerwerk AG & Co. KGaA; Provation Software, Inc.; IMB; General Electric; Ambu A/S; Talis Clinical, LLC.; and GE HealthCare.
These prominent companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, new product launches, innovation, and production expansion to expand their consumer base worldwide. These companies are recognized for their advanced technology solutions and they play a vital role in shaping and driving the market through their expertise and commitment to delivering high-quality products and services.For instance,
In April 2022, GE Healthcare received approval from the FDA for the first-ever software that aids in automating the administration of anesthesia and reduces greenhouse gas emissions during surgical procedures.The End-tidal Control software assists in reducing both greenhouse gas emissions and costs by minimizing the wastage of anesthetic agents. By reducing the need for manual inputs from providers, the system offers increased workflow efficiencies in delivering anesthesia agents and oxygen.