Hybrid Operating Room Market Share Analysis, Strategies, Revenue And Forecasts To 2023
Research Reports
Jan 19, 2021
Hybrid Operating Room Market Synopsis:
As per Market Research Future (MRFR)’s analysis, the global hybrid operating room market is set to strike a CAGR of 12.5% during the forecast period. It is a surgical theatre which is equipped with imaging medical devices such as fixed C-Arms, CT scanners, or MRI scanners. The rising demand and supply for medical devices are expected to accelerate revenue creation for the participants of the hybrid operating room market.
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Hybrid operating rooms have become an integral part of healthcare centers. The growth of the health sector is likely to intensify the demand for such rooms in the foreseeable future, thus, augmenting the market. Other factors responsible for the expansion of the hybrid operating room market are rapid developments in the healthcare sector, technological innovations, the rising burden of chronic diseases, increasing healthcare expenditures, etc.
Hybrid operating rooms facilitate the performance of different operations on the same patient at the same time. Furthermore, it facilitates hybrid processes that can be performed with a portable e-arm. The accelerated adoption of technologically advanced operating rooms has catalyzed the growth of the market. It is expected to continue influencing the proliferation of the hybrid operating room market positively in the foreseeable future. However, the high cost of these rooms might hinder the expansion of the hybrid operating room market over the assessment period.
Hybrid Operating Room Market Segmentation:
On the basis of techniques, the hybrid operating room market has been segmented into fluoroscopy & data acquisition, rotational angiography, digital subtraction angiography, and others.
On the basis of applications, the global hybrid operating room market has been segmented into cardiovascular surgery, neurosurgery, thoracic surgery & endo-bronchial procedures, and others.
On the basis of end users, the hybrid operating room market has been segmented into hospitals, clinics, medical research firms, others.
Hybrid Operating Room Market Regional Analysis:
The global hybrid operating room market, by region, has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Americas, currently, commands the largest share of the global market and is expected to grow significantly over the assessment period. The rapid expansion of the regional market can be ascribed to the growing popularity of hybrid operating rooms, established healthcare sector and strong economic conditions.
Europe is likely to hold the second spot in the global hybrid operating room market through the forecast period. The primary factor responsible for driving the growth of the region is the availability of funds for research & development activities. Meanwhile, Asia Pacific is expected to witness an upsurge in demand for hybrid operating rooms owing to the increasing prevalence of chronic diseases and the rising count of surgeries. It is prognosticated to emerge as the fastest growing regional hybrid operating room market.
The Middle East & Africa is set to expand at a limited pace. The steady growth of the region is due to a lack of skilled personnel and limited access to advancements in the healthcare sector.
Hybrid Operating Room Market Competitive Dashboard:
Some of the key players profiled in the report are Cook Medical Inc. (US), STERIS plc. (US), Eschmann Equipment (UK), Johnson & Johnson Services, Inc. (US), Maquet Holding BV & Co. KG (Germany), General Electric Company (US), Mediflex Surgical Products (US), NDS Surgical Imaging (US), Koninklijke Philips N.V (the Netherlands), Mizuho OSI (US), SISCO Ltd (India), and Siemens Healthcare GmbH (Germany).
Hybrid Operating Room Industry News:
In October 2018, Henry Ford Macomb Hospital, Clinton Township, the U.S., introduced its first hybrid operating room designed to treat patients both surgically and with catheter-based procedures.
In November 2018, IMRIS, Deerfield Imaging, global leaders in the hybrid operating room market, announced the signing of an agreement with Memorial Sloan Kettering Cancer Center for designing and building IMRIS Surgical Theatre at the New York location.
In December 2018, St. Luke’s Hospital, Ohio, inaugurated its new Hybrid Operating Room (OR) and Electrophysiology Lab.
In December 2018, Tri-Service General Hospital in Taipei, Taiwan, inaugurated a hybrid operating room for neurosurgery.
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