Global Hybrid Operating Room Market Opportunities and Forecast 2023-2030

Hybrid Operating Room Market Overview

The global Hybrid Operating Room market is expected to grow at a moderate rate during the forecast period. Factors such as technological advancements in the field of robot-assisted surgeries, increasing number of minimally invasive surgeries, rising government & private investments for healthcare facilities infrastructure, and growing patient preference for affordable & effective surgical treatments are driving the growth of this market.

Countries such as China, India, Malaysia, South Korea, and other emerging countries offer significant growth opportunities for the players in the hybrid operating room market. Emerging markets have the steepest hybrid OR growth rate, explained by their rising medical tourism markets for general and restorative care, HC modernization programs, and their pursuit of medical business ventures across sectors and internationally.

However, high establishment costs and procedural risks for patients associated with hybrid ORs are the key factors restraining the growth of this market. The installation of hybrid OR costs between range of 1.5 million to 5 million, depending upon the requirements of the healthcare establishment. This acts as a setback that affects the growth of hybrid ORs market, globally.

Covid-19 Impact on Hybrid Operating Room Market:

In addition, the current Hybrid Operating Room Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Hybrid Operating Room Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.

The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.

Hybrid Operating Room Market Segment Overview

On the basis of type, the global hybrid operating rooms market is segmented into floor-mounted systems and Ceiling-Based Configuration OR. The floor-mounted systems is expected to dominate the market in 2018 as they provide convenience to the surgeon, and are cost effective compared to Ceiling-Based Configuration OR.

Based on the end users, the global hybrid operating room market was segmented into hospitals and ambulatory surgery centers. Hospitals segment dominate the market based on the factors such as increasing number of surgeries in hospitals, increasing patient population, infrastructural development across the globe, and rising number of hospitals globally. These factors drive the demand for advantage technologies across the globe, and thus drive the market for hybrid operating rooms..

Market Analysis, Insights and Forecast – By Type

·       Floor-Based Configuration OR   
·       Ceiling-Based Configuration OR 

Market Analysis, Insights, and Forecast – By End-user

·       Hospitals         
·       Ambulatory Surgery Centers

Hybrid Operating Room Market Regional Overview

Region-wise, North America dominated the global Hybrid Operating Room market. Factors such as growing number of hospitals, technological advancements, rising need for advanced technologies, increasing number of surgical procedures and growing need for better healthcare are some additional factors attributed to the market growth.  US is expected to dominate the North American hybrid operating rooms market. Similarly, Asia Pacific is also expected to account for the fastest growth in the global market owing to growing aging population results in increasing prevalence of chronic diseases, which would drive the demand for efficient and effective therapeutic and surgical alternatives.

Hybrid Operating Room Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

Hybrid Operating Room Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Hybrid Operating Room are highlighted below.

·       In October 2018, Getinge launched Maquet PowerLED II Surgical Light. The Maquet PowerLED II Surgical Light brings best-in-class technology to surgical suites or Hybrid OR by improving working conditions for surgeons and staff. 

Hybrid Operating Room Market, Key Players

·       Koninklijke Philips N.V.
·       Toshiba Corporation     
·       Siemens AG     
·       General Electric Company         
·       Stryker Corporation      
·       Steris PLC.        
·       Imris, Deerfield Imaging            
·       Getinge AB      
·       Trumpf Medical (A Subsidiary of Hill-Rom Holdings, Inc.)            
·       Alvo Medical