The hybrid operating room market was valued at $744 million in 2018, and is estimated to reach at $1,804 million by 2026, registering a CAGR of 11.7% from 2019 to 2026.
The hybrid operating room (OR) is a facility wherein surgical interventions & procedures are performed on patients to treat various pathological & physiological conditions. The hybrid operating room acts as an inert, safe, and sterile environment to perform surgeries. Therefore, it is vital that sound equipment is provided, which leads to successful surgical interventions. Hybrid operating room comprises well-equipped surgical theatre along with technologically advanced imaging devices. Imaging devices such as MRI scanners, mobile X-ray machines, interventional imaging & C-arms, and CT scanners are used in hybrid operating rooms. These imaging devices are used in minimally invasive surgeries. Various hybrid operating processes can be performed with an optimal imaging as well as portable e arm, and technical functionality can be operated in hybrid OR.
Industry Overview
The new study made on Hybrid Operating Room market includes crucial information on market share, market size, and growth rate for the forecast period 2020 – 2026. The study highlights deep analysis on the major drivers of the market, restraints, and challenges to help the business owners, suppliers, and marketing personnel in planning effective strategies for the forecast period. This will help the business and manufacturers to lead the market and gain prominent position in future. The report also presents vital information through graphical representation on factors like table, charts, and statistics.
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COVID-19 Impact:
The industrial report mentions about the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The Hybrid Operating Room report proficiently explains about the resulting factors and concerns of manufacturers. Researchers have also well-explained about how the producers and providers will tackle with the ongoing epidemic and the key strategies to be adopted post pandemic for turning their businesses back to normal.
Major Players Covered in this Report are:
• Alvo Medical
• GE Healthcare
• Getinge AB (MAQUET Holding B.V. & Co. KG)
• Hill-Rom Holdings, Inc. (Trumpf Medical System, Inc.)
• IMRIS Inc.
• Koninklijke Philips N.V.
• Mizuho Corporation
• Siemens AG
• Stryker Corporation
• Toshiba Corporation
Rise in adoption of minimally invasive surgeries by physicians; increase in number of patients suffering from orthopedic, thoracic, cardiovascular, and neurological disorders; rapid technological advancements in imaging modalities such as MRI, CT scan, ultrasound, and others; and increase in investment in hybrid OR equipment are the key factors that fuel the growth of the hybrid operating room market. Moreover, rise in patient preference for effective & affordable surgical treatments, surge in number of hospitals, growth in regulatory approvals for different hybrid operating equipment, and increase in private &government investments for healthcare facilities infrastructure are other factors that augment the growth of the market. However, high installation & operational cost and procedural risks associated with hybrid operating room are expected to hinder the growth of the market.
Market Segmentation:
The report is divided into major categories comprising product, distribution channel, application, and end users. Every segment is further sub-segmented into several sub-segmented that are deeply analyzed by experts to offer valuable information to the buyers and market players. Every segment is studied thoroughly in order to offer a better picture to the buyers and stakeholders to benefit from. Information like highest prevailing product, highly demanded product by the application segment and end users are rightly mentioned in the Hybrid Operating Room Market (NGS) report.
Market Breakdown Data by Types:
• Intraoperative Diagnostic System
o Magnetic Resonance Imaging (MRI)
o Computed Tomography (CT)
o Angiography Systems
o Others
• Operating Room Fixtures
o Operating Tables
o Operating Room Lights
o Surgical Booms
• Communication Systems
• Others
Market Breakdown Data by Applications:
• Cardiovascular Surgery
• Neurosurgery
• Thoracic Surgery
• Orthopedic Surgeries
• Other Surgery
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Regional Insights:
The Hybrid Operating Room market is segmented as North America, South America, Europe, Asia Pacific, and Middle East and Africa. Researchers have thoroughly studied about the historical market. With extensive research, experts have offered details on the current and the forecast demand made by these regions. The Hybrid Operating Room report also includes highlights on the prevailing product demanded by end users and end customers for better understanding of product demand by producers. This will help the producers and the marketing executives to plan their production quantity and plan effective marketing strategies to more buyers. Businesses can hence, increase their product portfolio and expand their global presence. Hybrid Operating Room market research report further offers information on the unexplored areas in these regions to help the producers to plan promotional strategies and create demand for their new and updated products. This will again help the manufacturers to increase their customers and emerge as leaders in the near future.
The Queries answered by Hybrid Operating Room Market Research Report include:
- What are the key producers, equipment suppliers, raw material suppliers, end users, distributors and traders in the Hybrid Operating Room Market?
- What are the crucial factors impacting the Hybrid Operating Room Market Growth?
- What are production processes, major problems or obstacles, and solutions to tone down the development risk?
- What is the contribution made by regional manufacturers to the overall market?
- What are the major market segment, influential trends, market potential, and key challenges that the market is witnessing?
Table of Content
1 Introduction of Hybrid Operating Room Market
1.1 Industry Overview
1.2 Scope of the Report
1.3 Assumptions
2 Executive Summary
3 Research Framework by Market Growth Insight
3.1 Data Mining
3.2 Data Validation
3.3 Primary Interviews
3.4 Data Sources List
4 Hybrid Operating Room Market Overview
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Limitations
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Hybrid Operating Room Market, By Product Type
Overview
6 Hybrid Operating Room Market, By Application
Overview
7 Hybrid Operating Room Market, By End User
Overview
8 Hybrid Operating Room Market, By Geography
8.1 North America
8.2 Europe
8.3 Asia -Pacific
8.4 Latin America
8.5 Middle East and Africa
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