Global Hybrid Operating Rooms Market Size, Share, and COVID-19 Impact Analysis, By Component (Intraoperative diagnostic imaging systems, Operating room fixtures, Surgical instruments, Audio-visual display systems and tools, & Others), By Application (Cardiovascular, Neurosurgical, Thoracic, Orthopedic & Others), By End-User (Hospitals, Ambulatory surgical centers & Others), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) Analysis and Forecast 2022-2030

KEY MARKET INSIGHTS

The hybrid operating rooms market was valued at USD 1.17 Billion in 2021. The market is projected to grow USD 3.13 Billion in 2030, at a CAGR of 12.4%.

Hybrid operating rooms, often known as hybrid ORs, are operating rooms that are outfitted with a variety of medical tools and imaging equipment to support minimally invasive procedures. Various sophisticated procedures that would usually necessitate patients undergoing numerous open invasive surgeries are thought to perform best in these rooms. A hybrid operating room is a particular kind of surgical theatre or area outfitted with CT scanners, MRI scanners, and fixed C-arms. Additionally, it facilitates difficult open and minimally invasive surgeries in addition to top-notch interventional imaging techniques.

COVID-19 ANALYSIS

Due to the constant rise in cases of orthopedic and cardiovascular diseases brought on by the COVID-19 pandemic, end-user demand for hybrid operating rooms increased globally. Hybrid ORs were able to provide patients with high-quality healthcare options that improved not only how well they managed their conditions but also their chances of survival.

TREND

Growing Rate of Minimally Invasive Surgeries

The growing number of minimally invasive surgeries across the world is likely to aid the market growth of the global hybrid operating rooms market. The widespread use of minimally invasive surgical techniques and ongoing technical improvements are the main drivers of market expansion.

DRIVERS

Increasing Incidences of Cardiovascular Illness Across the World

The rise of aortic specialty facilities, which treat patients at risk of aneurysm rupture, which frequently has a deadly outcome, has been prompted by the increased prevalence of cardiovascular disorders, such as aortic aneurysms. Additionally, combination treatments are required for cardiovascular illnesses such aortic aneurysms and aortic valve stenosis.

Growing Geriatric Population

The market demand is primarily being driven by the world's growing ageing population as well as increased need for less invasive treatments for patients with various difficulties. Increased risks for diseases like diabetes, hypertension, and obesity have also prompted actors in the healthcare industry to work together and develop solutions like the percutaneous implant of heart valves in high-risk patients.

RESTRAINT

Concerns Pertaining to Procedural Risks Associated with Surgeries

The market for hybrid operating rooms is predicted to grow slowly due to the procedural risks involved and high start-up and operating expenses. On the other hand, there may be difficulties with the market expansion due to a shortage of qualified surgeons or management.

SEGMENTATION INSIGHT

The global hybrid operating rooms market is segmented by Component (Intraoperative diagnostic imaging systems, Operating room fixtures, Surgical instruments, Audio-visual display systems and tools, & Others), By Application (Cardiovascular, Neurosurgical, Thoracic, Orthopedic & Others), By End-User (Hospitals, Ambulatory surgical centers & Others) and Region. Based on the component, the market is categorized intraoperative diagnostic imaging systems, operating room fixtures, surgical instruments, audio-visual display systems and tools and others. Based on application, the market is categorized into cardiovascular, neurosurgical, thoracic, orthopedic & others. Based on end-user, the market is categorized into hospitals, ambulatory surgical centers and others. Based on the region, the market is categorized into North America, Europe, Asia-Pacific, South America, Middle East and Africa.

REGIONAL INSIGHTS

The global hybrid operating rooms market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

North America region is dominating the market share of global hybrid operating rooms market owing to the significant increase in hybrid operating rooms' popularity and the high number of surgeries. Additionally, the presence of major players and technological advancements are likely to boost the market growth in this region.

However, Asia Pacific region is anticipated to grow over the next few years of global hybrid operating rooms market owing to increased public awareness of the advantages of hybrid operating rooms, an increase in the number of hospitals with cutting-edge medical equipment, the growth of the R&D industry, the expansion of healthcare reforms, and technological breakthroughs in hybrid operating room settings. In addition, a high population base, an increase in disposable incomes, and a rise in demand for hybrid operating rooms all contribute to the market's expansion. The market for hybrid operating rooms in the region is also anticipated to rise as a result of leading manufacturers' increased focus on increasing their geographic presence in developing Asia-Pacific nations in order to secure a significant market share.

LIST OF KEY COMPANIES PROFILED:

· ALVO Limited Liability Company Sp. k.

· GE

· Getinge AB

· Hill-Rom Holdings, Inc. (Trumpf Medical)

· Koninklijke Philips N.V.

· Novanta Inc.

· Siemens

· STERIS

· Stryker

· Toshiba

· Others

Key Developments:

• July 2021- Hillrom launched its advanced connecting care in the Oerating Room with the launch of Helion Integrated Surgical System for the U.S. customers.

SEGMENTATION

By Component

• Intraoperative diagnostic imaging systems
• Operating room fixtures
• Surgical instruments
• Audio-visual display systems and tools
• Others

By Application

• Cardiovascular
• Neurosurgical
• Thoracic
• Orthopedic
• Others

By End-User

• Hospitals
• Ambulatory surgical centers
• Others

By Region

• North America- U.S., Mexico, Canada
• Europe- UK, France, Germany, Italy, Spain, Rest of Europe
• Asia-Pacific- China, Japan, India, South Korea, Rest of Asia Pacific
• South America- Brazil, Argentina, Colombia, Rest of South America
• The Middle East and Africa- GCC, South Africa, Rest of Middle East & Africa