Anesthesia Information Management System Market: Global Opportunity Analysis and Industry Forecast, 2023-2030 Market

Anesthesia Information Management Systems (AIMS) is a tool that allows the programmed and reliable storage, collection, and exhibition of patient data throughout the perioperative duration. They are dedicated forms of electronic health record (EHR) systems, which in conjunction to providing basic record-keeping functions also provide the end users with ready and easy access to summary data that can be utilized to enable quality assurance and research purposes. The AIMS installation will be a hardware/software solution that lines with the intraoperative patient monitors. Furthermore, these systems also have the ability to interpret, read and rewrite data from the key hospital clinical data storehouses. In addition, it can be used for storing pre- and postoperative patient information as well. The data captured is stored in a relational database that provisions multi-user access laterally with archival and backup capabilities.

COVID-19 scenario analysis:

With the outbreak of COVID-19 internationally and the specified lockout, there is continuing downturn in the healthcare market. Apart from communities, COVID-19 was equally catastrophic for major world economies, particularly the healthcare sector. Prominent shareholders are continuing to acclimatize their strategy to the rapidly altering situation. COVID-19 is predicted to have significant long-term impressions on the healthcare industry. Countries and major players would have to commence critical healthcare variations until the crisis takes a back seat. The growth in the technological advancements however would help the industry grow after the lockout situation. The need of the hour is to find out alternative ways to escape from the disastrous situation, the development of new techniques under IT would help the market players gain maximum revenue in the current situation.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The market is driven by major factors such as rise in incidences of chronic diseases or injuries, and the growth in awareness of the side effects of excessive dosage. These factors are anticipated to propel the market growth in the coming years. The advantages of the system over the conventional methods offered such as accuracy in the dosing required and timely reminders that are set and are programmed for better management of anesthetic dose would help the market gain maximum revenue in the forecast period. Furthermore, rise in demand for the expert systems which are programmed to store the database inclusive of the history of the response shown by the person toward anesthesia and hence, building an accurate interface to avoid any side effects or excessive dosage are expected to boost the market. However, stringent regulations over the use of such systems may hamper the growth of the industry in the next few years.

The global Anesthesia Information Management System market trends are as follows:

New product launch to flourish the market

The launch of new products that are designed such that they fulfill the current need of the market, would help the market grow significantly in the commenced period. For instance, in June 2019, Nanthealth announced to reveal a medical device integration platform, namely DeviceConX. It is used in the patient transitions from hospital to home care setting. It is advanced technology that allows the hospital setting to send medical device data directly to iProcedures’ iPro Anesthesia. iPro Anesthesia is a mobile, cloud-based anesthesia information management system (AIMS), which collects and stores the data and is accessible as and when needed.

Furthermore, in December 2014, Plexus Information Systems, Inc., which is a market-leading provider of Anesthesia Information Management Systems (AIMS), announced the rollout of its office-based anesthesia product. It is declared that it also includes a complete anesthesia EMR with an integrated scheduling application. Furthermore, the latest product presenting specifically benefits on office-based anesthesia providers by rationalization their workflow and empowering them to accomplish their information from multiple locations, employing a cloud-based solution.

Surge in awareness to boost the market

The rise in the awareness of the availability of such significant system that assists in reducing the complications caused due to anesthesia is expected to help the market gain maximum shares in the coming years. For instance, in 2014, according to the assessments given by the U.S. Department of Health and Human Services, about 80 % of hospitals were stated to use electronic medical records. Furthermore, it had doubled the penetration since 2012. The adoption of Anesthesia Information Managements System is noted to be increased by about or even more than 400 percent from the .  Additionally, it was observed that majority of the academic centers have either accepted an AIMS or had made contracts to do so. The estimates also suggest that more than 20% private practices have also adapted these systems.

In addition to this, it is also projected that there is steep increase in the number of installations of the system, hence helping the firms to gain the maximum shares. According to the Anesthesia Patient Safety Foundation, an approximation of about 75% of the U.S. academic anesthesiology department is estimated to use anesthesia information management systems and is expected to rise to about 84% by 2020. The growth in the AIMS adoption by major hospitals and healthcare institutions is projected to boost the market in the coming years.

Key benefits of the report:

• This study presents the analytical depiction of the global anesthesia information management system industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global anesthesia information management system market share.
• The current market is quantitatively analyzed to highlight the global market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed global market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the anesthesia information management system market research report:

• Who are the leading market players active in the anesthesia information management system market?
• What are the current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future that would help in tasking further strategic steps?

 Anesthesia Information Management System Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights