Hybrid Operating Rooms Market By Product (Operating Tables, OR Lights, Surgical Booms, Surgical Imaging Displays, Intraoperative Diagnostic Devices and OR Communication Systems), By Application (Therapeutic and Diagnostic) - Growth, Future Prospects and Competitive Analysis, 2018 – 2026

Hybrid operating rooms are equipped with advanced medical imaging and networking solutions with fully functioning operating suites supporting high quality interventional imaging, open surgeries and minimally invasive surgeries. The hybrid ORs market is anticipated to experience significant growth over the forecast period mostly owning to increase in healthcare spending, rise in the number of surgical procedures and increasing popularity of hybrid ORs. On the other hand, requirement of enormous investment for setting up hybrid ORs may hinder the growth of hybrid ORs in some poor income countries.

For the purpose of the study, hybrid ORs market is categorized on the basis of products and applications. Market size and forecast for each of these segments for the period from 2016 to 2026 are provided in this study along with respective CAGRs for the forecast period from 2018 to 2026. On the basis of product type, the global hybrid ORs market is categorized as operating tables (mobile operating tables & stationary operating tables), ORs lights (LED lightings & halogens), surgical booms, surgical imaging displays, intraoperative diagnostic devices (3D ultrasound, MRI, computed tomography, computer assisted robotic surgery, C-arm X-Ray & infrared imaging systems) and operating room communication systems (audio visual & operating rooms integration system). On the basis of application type market classified as therapeutics (cardiovascular, neurosurgery, thoracic surgery, biopsy, orthopedic surgeries, laparoscopic surgeries and emergency care) and diagnostics (fluoroscopy, digital subtraction angiography & three-dimensional (3D) C-Arm computed tomography).

The hybrid ORs market report covered following regional markets:  

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC
  • Rest of MEA

Along with numeric information, qualitative data sets and assessment tools are included in this report to cover in-depth analysis of general market situation and future projections. Information such as market drivers, challenges and opportunities covered the information related to current trends in the global hybrid ORs market. Information such as attractive investment proposition, Porter’s five forces analysis and market positioning of key manufacturers deliver the insights on the competitive situation of the global hybrid ORs market. This report also included company profiles section which highlights key information related to the prominent players involved in hybrid ORs market.

Based on the applications, the global hybrid operating rooms market is segmented as follows:

• Therapeutic
  • Cardiovascular
  • Neurosurgery
  • Thoracic Surgery
  • Biopsy
  • Orthopedic Surgeries
  • Laparoscopic Surgeries
  • Emergency Care
• Diagnostic
  • Fluoroscopy
  • Digital Subtraction Angiography
  • Three-Dimensional (3d) C-Arm Computed Tomography

Rising need of physicians to perform different combinations of laparoscopic, endovascular or open surgical procedures in the same operating room, and imminent need for efficiently addressing medical emergencies and contingencies have primarily led to emergence of hybrid operating rooms. In hybrid ORs diagnosis and treatment are simultaneously performed during surgical interventions, thus consequently providing faster and safer treatments, while eliminating the need for redundant procedures. In the recent years, hybrid ORs are becoming standard for many cardiovascular, vascular, and neurosurgeries due to innovative imaging technology and flexible surgical capabilities. Surgical procedures are preferably being performed within hybrid ORs due to the enhanced capability to efficiently address emergency contingencies in the same operative settings without relocating the patient to another specialized room. It is observed that cardiovascular surgeries are most frequently performed in hybrid ORs and the segment is expected to retain dominance during the forecast period.

Currently, therapeutic application is major revenue contributing segment and will continue its lead over the forecast period from 2018-2026. Rise in the number of surgical procedures, and greater capital investments mainly drive the dominance of this segment. It is estimated that diagnostic segment will progress at a faster rate as compared to therapeutics in the coming years. Rising installation of cost-efficient diagnostic imaging devices among the developed regions and continuous technological development in the field of diagnostic imaging has facilitated the growth of this segment.

For the purpose of this study, the global hybrid operating rooms market is categorized as follows:

• North America
  • United States
  • Canada
• Europe
  • U.K.
  • Germany
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC
  • Rest of Middle East and Africa

In the base year 2017, North America was major revenue generating segment in global hybrid ORs market and it anticipated that the region will demonstrate lucrative growth over the forecast period. There are more than 200 hospitals in the United States are equipped with hybrid ORs and the number is expected to rise by 15% during the forecast period. Prime factors for favoring the dominance of North America are rapid rise in popularity of hybrid ORs, early acceptance of advanced technologies, well-developed healthcare infrastructure, and higher investments in R&D for development of newer techniques. Furthermore, growing replacement of conventional operating rooms with advanced and hybrid operating rooms is expected to assist the growth of this market over the forecast period.

On the other hand, Asia Pacific market is expected to grow at the highest rate during the forecast period mainly due to rapid evolution of healthcare infrastructure, growing healthcare investments, proliferation of medical tourism in some ASEAN countries such as India, Malaysia, Thailand, South Korea etc. and rise in the adoption of technological advanced surgical techniques.