Hybrid Operating Room Market Bwc19414
SPECIAL OFFER : 25% Super Discount For All !
Hybrid Operating Room Market, By Component (Angiography Systems, MRI Systems, CT Scanners Services, Intraoperative, Operating Room Fixtures, Surgical Instruments and Other), By Application (Cardiovascular Application, Neurosurgical Application, Thoracic Application, Orthopedic Application, and Other Applications), By End-User (Hospitals, Medical Research Firms, Clinics, and Others) and By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Trend Analysis, Competitive Market Share & Forecast, 2020-26
- Published Date: March 2020
- Report ID: BWC19414
- Available Format: PDF
- Page: 185
Report Overview
Global
Hybrid Operating Room Market Forecast and Trends
The Hybrid Operating Room
Market has reached USD 0.80 Billion in 2019 and predicted to reach USD 1.748
Billion, growing at a significant CAGR of 11.91% during the forecast period
from 2020-2026. Major factors driving market growth include the increasing
proliferation of minimally invasive surgical procedures and continuing
technological advances.
A hybrid operating room is
an operating theatre, fitted with medical imaging equipment such as fixed
C-Arms, CT scanners, or MRI scanners. It combines the imaging capabilities
installed with a fully functional operative room. Increasing numbers of
patients undergoing cardiac, renal, neurological, oncological treatments have
upsurge enormous demand for efficient and advanced healthcare infrastructure
that drives demand in the market. Numerous recent advancement have again led to
market growth in minimally invasive treatments, imaging techniques, and medical
procedures. The hybrid operating room has become a must-have facility in
hospitals over the past few years, which is projected to lead market growth
over the forecast period from 2020-2026. In the hybrid operating room, surgeons
can perform different treatments simultaneously and at the same place for the
same patient. Increasing demand in the global healthcare sector for
technologically advanced operating rooms and equipment adds fuel to the
development of the worldwide hybrid operating rooms market. High costs of the
hybrid operating room, however, could impede market growth during the forecast.
Global
Hybrid Operating Room Market Overview:
A hybrid operating room
combines an operating room's capabilities with interventional imaging
technologies. The hybrid operating room can be used with the combination of
surgical facilities and imaging systems in one room for traditional open
surgery, image-guided surgery, or a combination of procedural types, offering
greater flexibility and space utility.
The hybrid operating room
provides numerous benefits to patients, physicians, and organizations involved
in health care. Specifically, state-of-the-art hybrid operating rooms enable
the delivery of a wide range of less invasive than conventional surgical
procedures and provide patients with faster recovery times. For instance, in
the hybrid operating room, complex cardiovascular and endovascular conditions,
which previously required open-heart surgery, are now being identified and
treated with less invasive surgery. Various hybrid procedures can be carried
out with a portable e-arm, as well as optimum imaging and technological
flexibility in a hybrid operating room.
Growth
drivers
Continuous technological
advancement drives the global demand for hybrid operating room
Advanced technologies keep pushing
limits and changing the way teams do surgical treatment. Most of the high-tech
devices are touch operated in the Operating Room. The future of the Operating
Room will also give the surgical team innovative ways of interacting with
devices and software with new, touchless remote control methods being built for
everyday devices. Most High-Tech operating room systems are touch-controlled.
The future of the operating room with innovative, touchless apps control
methods being developed for everyday tools. The surgical team will also be
offering new ways to interact with the devices and software. The hospital
environment has the potential to attain a higher degree of automation as well.
Particularly surgical workflows, which still consist of a wide range of mostly
manual tasks, would greatly benefit from automation.
Minimally
Invasive Surgeries to drive the global demand for Hybrid Operating Room
Hybrid Operating Room
combines traditional surgical equipment with endovascular imaging equipment for
many medical fields to promote a variety of new surgical events. Europe has
very few hybrid operating rooms as opposed to developed markets such as North
America. This will improve, as hybrid ORs promote complex surgery while
reducing periods of hospitalization.
Restraints
The high cost of the hybrid
operating room
The high cost of the
operating room is hindering the market growth during the forecast period of, as
a hybrid OR, on average, costs between USD 3 & 4 million to assemble, as it
can be fitted with up to 100 different medical devices. The room contains, by
default, a fixed angiographic imaging system, wall-or boom-mounted display
monitors, and a heart-lung bypass machine. This takes up to 1,400 square feet
of space to accommodate all the equipment–about twice the size of a regular
operating room.
Global
Hybrid Operating Room Market: By Component
Based on the Component, the
Hybrid Operating Room market segmented into Angiography Systems, MRI Systems,
CT Scanners Services, Intraoperative, Operating Room Fixtures, Surgical
Instruments, and Other. The intraoperative segment is expected to grow at the
highest rate during the forecast period. Due to the increased installation of
hybrid ORs across major economies, significant installation costs associated
with diagnostic imaging products, continuous integration, and automation of
operating room workflows and ongoing technological advances in the field of
diagnostic imaging.
Global
Hybrid Operating Room Market: By Application
Based on the Application,
the Hybrid Operating Room market segmented into Cardiovascular Application,
Neurosurgical Application, Thoracic Application, Orthopedic Application, and
Other Applications. The cardiovascular surgery segment is the largest
shareholder in the global market share of hybrid operating rooms due to
increased incidence and prevalence of cardiovascular diseases, improved
endovascular procedures during cardiovascular surgery, and increased demand for
minimally invasive surgery.
Global
Hybrid Operating Room Market: By End-User
Based on the End-User, the Hybrid Operating Room market segmented into Hospitals, Medical Research Firms, Clinics, and Others. Hospital segment is projected to grow at higher CAGR during the forecast year due to increasing patient attention on time, effective management of disease, and the rising number of hospitals and surgical centers in developing countries. It is also predicted that substantial healthcare expenditure and increased government and private investment in infrastructure for healthcare facilities would set the best course for the sector to expand.
Global
Hybrid Operating Room Market: Regional insights
By geography, the Global Hybrid Operating Room Market segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to grow at a significant rate during the forecast horizon, owing to significant investments by hospitals to upgrade their operating rooms, an increasing number of surgical procedures, and ambulatory surgery centers in the region. Besides, the presence of advanced medical and healthcare infrastructure is expected to boost market growth during the forecast period.
Hybrid
Operating Room Market: Competitive Landscape
Notable players operating in
the Hybrid Operating Room market are Koninklijke Philips N.V., Toshiba
Corporation, Siemens AG, Alvo Medical, Mizuho Corporation, SISCO, General
Electric Company, Trumpf Medical, Stryker Corporation, NDS Surgical Imaging,
Steris PLC., Imris, Deerfield Imaging, Getinge AB, Eschmann Equipment (A Part
of Steris PLC.), Skytron LLC, Johnson & Johnson, Cook Medical Inc., and
Other Prominent Players.
Recent
Developments:
In
February 2020, Siemens to acquire Iberdrola's stake in
Siemens Gamesa Renewable Energy.
In
January 2020, Siemens to acquire C&S Electric in
India to meet growing electrification needs.
The
objective of the Study:
To analyze and forecast the
global Hybrid Operating Room market size of the market in terms of value.
To examine the careful
market segmentation and forecast the market size, in terms value, based on the
region by segmenting the Global Hybrid Operating Room market into five regions,
namely, North America, Europe, Asia Pacific, Middle East, South America, and
their leading countries.
To outline, categorized, and
forecast the global Hybrid Operating Room market based on the components,
applications, and end-user.
To examine competitive
developments like technological advancement, services, and regulative framework
within the global Hybrid Operating Room Market.
To highlight the impact
analysis of the factors affecting the market dynamics such as drivers,
restraints, opportunities, and challenges.
To strategically profile the
key players and comprehensively analyze their market shares along with
detailing the competitive landscape for market leaders.
Scope of the Report
Attribute |
Details |
Years Considered |
Historical data – 2016-2019 |
Base Year – 2019 |
|
Forecast – 2020 – 2026 |
|
Facts Covered |
Revenue in USD Million/Billion |
Market Coverage |
U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico,
Argentina, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia |
Product/Service Segmentation |
By Component, Application, and End-user |
Key Players |
Koninklijke Philips N.V., Toshiba Corporation, Siemens AG, Alvo
Medical, Mizuho Corporation, SISCO, General Electric Company, Trumpf Medical,
Stryker Corporation, NDS Surgical Imaging, Steris PLC., Imris, Deerfield
Imaging, Getinge AB, Eschmann Equipment (A Part of Steris PLC.), Skytron LLC,
Johnson & Johnson, Cook Medical Inc.and other prominent players. |
By Component
·
Angiography Systems
·
MRI Systems
·
CT Scanners Services
·
Intraoperative
·
Operating Room Fixtures
·
Surgical Instruments
·
Other
By Application
·
Cardiovascular Application
·
Neurosurgical Application
·
Thoracic Application
·
Orthopedic Application
·
Other Applications
By End-User
·
Hospitals
·
Medical Research Firms
·
Clinics
·
Others
By Region
·
North America
·
Europe
·
Asia Pacific
· Latin America
· Middle East & Africa
1. Research Framework
1.1. Research
Objective
1.2. Component
Overview
1.3. Market
Segmentation
2. Research Methodology
2.1. Qualitative
Research
2.1.1.
Primary & Secondary Types
2.2. Quantitative
Research
2.2.1.
Primary & Secondary Types
2.3. Breakdown
of Primary Research Respondents, By Region
2.3.1.
Secondary Research
2.3.2.
Primary Research
2.4. Breakdown
of Primary Research Respondents
2.5. Market
Size Estimation
2.6. Assumption
for The Study
2.7. Market
Breakdown & Data Triangulation
3. Executive Summary
4. Global Hybrid Operating Room Insights
4.1. Industry
Value Chain Analysis
4.2. DROC
Analysis
4.2.1.
Growth Drivers
4.2.2.
Restraints
4.2.3.
Opportunities
4.2.4.
Challenges
4.3. Technological
Landscape
4.4. Regulatory
Framework
4.5. Company
Market Share Analysis, 2019
4.6. Porter’s
Five forces analysis
4.6.1.
Bargaining Power of Suppliers
4.6.2.
Bargaining Power of Buyers
4.6.3.
Threat of New Entrants
4.6.4.
Threat of Substitutes
4.6.5.
Intensity of Rivalry
5. Global Hybrid Operating Room Market
Overview
5.1. Market
Size & Forecast, By Value, 2016-2026
5.1.1.
By Value (USD Billion)
5.2. Market
Share & Forecast
5.2.1.
By Component
5.2.1.1.
Angiography Systems
5.2.1.2.
MRI Systems
5.2.1.3.
CT Scanners Services
5.2.1.4.
Intraoperative
5.2.1.5.
Operating Room Fixtures
5.2.1.6.
Surgical Instruments
5.2.1.7.
Other
5.2.2.
By Application
5.2.2.1.
Cardiovascular Application
5.2.2.2.
Neurosurgical Application
5.2.2.3.
Thoracic Application
5.2.2.4.
Orthopedic Application
5.2.2.5.
Other Applications
5.2.3.
By End-User
5.2.3.1.
Hospitals
5.2.3.2.
Medical Research Firms
5.2.3.3.
Clinics
5.2.3.4.
Others
5.2.4.
By Region
5.2.4.1.
North America
5.2.4.2.
Europe
5.2.4.3.
Asia Pacific
5.2.4.4.
Latin America
5.2.4.5.
Middle East & Africa
6. North America Hybrid Operating Room
Market
6.1. Market
Size & Forecast, By Value, 2016-2026
6.1.1.
By Value (USD)
6.2. Market
Share & Forecast
6.2.1.
By Component
6.2.2.
By Application
6.2.3.
By End-User
6.2.4.
By Country
6.2.4.1.
U.S
6.2.4.2.
Canada
7. Europe Hybrid Operating Room Market
7.1. Market
Size & Forecast, By Value, 2016-2026
7.1.1.
By Value (USD Billion)
7.2. Market
Share & Forecast
7.2.1.
By Component
7.2.2.
By Application
7.2.3.
By End-User
7.2.4.
By Country
7.2.4.1.
Germany
7.2.4.2.
U.K
7.2.4.3.
France
7.2.4.4.
Italy
7.2.4.5.
Spain
7.2.4.6.
Rest of Europe
8. Asia Pacific Hybrid Operating Room
Market
8.1. Market
Size & Forecast, By Value, 2016-2026
8.1.1.
By Value (USD Billion)
8.2. Market
Share & Forecast
8.2.1.
By Component
8.2.2.
By Application
8.2.3.
By End-User
8.2.4.
By Country
8.2.4.1.
China
8.2.4.2.
India
8.2.4.3.
Japan
8.2.4.4.
South Korea
8.2.4.5.
Rest of Asia Pacific
9.
Latin America Hybrid Operating Room Market
9.1. Market
Size & Forecast, By Value, 2016-2026
9.1.1.
By Value (USD Billion)
9.2. Market
Share & Forecast
9.2.1.
By Component
9.2.2.
By Application
9.2.3.
By End-User
9.2.4.
By Country
9.2.4.1.
Brazil
9.2.4.2.
Mexico
9.2.4.3.
Argentina
9.2.4.4.
Rest of Latin America
10.Middle East & Africa Hybrid
Operating Room Market
10.1.
Market Size & Forecast, By Value,
2016-2026
10.1.1.
By Value (USD Billion)
10.2.
Market Share & Forecast
10.2.1.
By Component
10.2.2.
By Application
10.2.3.
By End-User
10.2.4.
By Country
10.2.4.1.
Saudi Arabia
10.2.4.2.
UAE
10.2.4.3.
South Africa
10.2.4.4.
Rest of Middle East & Africa
11.Company Profile (Company Overview,
Financial Matrix, Component landscape, Key Personnel, Key Competitors, Contact
Address, and Strategic Outlook) *
11.1.
Koninklijke Philips N.V.
11.2.
Toshiba Corporation
11.3.
Siemens AG
11.4.
General Electric Company
11.5.
Stryker Corporation
11.6.
Steris PLC.
11.7.
Imris, Deerfield Imaging
11.8.
Getinge AB
11.9.
Trumpf Medical (A Subsidiary of Hill-Rom
Holdings, Inc.)
11.10.
Alvo Medical
11.11.
Mizuho Corporation
11.12.
SISCO
11.13.
Eschmann Equipment (A Part of Steris PLC.)
11.14.
NDS Surgical Imaging (A Part of Novanta,
Inc.)
11.15.
Skytron LLC
11.16.
Johnson & Johnson
11.17.
Cook Medical Inc.
11.18.
Other Prominent Players
List
of Figures
Fig: Global Hybrid Operating
Room Segmentation
Fig: Global Hybrid Operating
Room Market Value Chain Analysis
Fig: Company Market Share
Analysis, 2019
Fig: Global Hybrid Operating
Room Market Size, By Value (USD Billion), 2016-2026
Fig: Global Hybrid Operating
Room Market Share, By Component, By Value, 2016-2026
Fig: Global Hybrid Operating
Room Market Share, By Application, By Value, 2016-2026
Fig: Global Hybrid Operating
Room Market Share, By End-User, By Value, 2016-2026
Fig: Global Hybrid Operating
Room Market Share, By Region, By Value, 2016-2026
Fig: North America Hybrid
Operating Room Market Size, By Value (USD Billion), 2016-2026
Fig: North America Hybrid
Operating Room Market Y-o-Y Growth, By Value, 2017-2026
Fig: North America Hybrid
Operating Room Market Share, By Component, By Value, 2016-2026
Fig: North America Hybrid
Operating Room Market Share, By Application, By Value, 2016-2026
Fig: North America Hybrid
Operating Room Market Share, By End-User, By Value, 2016-2026
Fig: North America Hybrid
Operating Room Market Share, By Country, By Value, 2016-2026
Fig: Europe Hybrid Operating
Room Market Size, By Value (USD Billion), 2016-2026
Fig: Europe Hybrid Operating
Room Market Y-o-Y Growth, By Value, 2017-2026
Fig: Europe Hybrid Operating
Room Market Share, By Component, By Value, 2016-2026
Fig: Europe Hybrid Operating
Room Market Share, By Application, By Value, 2016-2026
Fig: Europe Hybrid Operating
Room Market Share, By End-User, By Value, 2016-2026
Fig: Europe Hybrid Operating
Room Market Share, By Country, By Value, 2016-2026
Fig: Asia-Pacific Hybrid
Operating Room Market Size, By Value (USD Billion), 2016-2026
Fig: Asia-Pacific Hybrid
Operating Room Market Y-o-Y Growth, By Value, 2017-2026
Fig: Asia-Pacific Hybrid
Operating Room Market Share, By Component, By Value, 2016-2026
Fig: Asia-Pacific Hybrid
Operating Room Market Share, By Application, By Value, 2016-2026
Fig: Asia-Pacific Hybrid
Operating Room Market Share, By End-User, By Value, 2016-2026
Fig: Asia-Pacific Hybrid
Operating Room Market Share, By Country, By Value, 2016-2026
Fig: Latin America Hybrid
Operating Room Market Size, By Value (USD Billion), 2016-2026
Fig: Latin America Hybrid
Operating Room Market Y-o-Y Growth, By Value, 2017-2026
Fig: Latin America Hybrid
Operating Room Market Share, By Component, By Value, 2016-2026
Fig: Latin America Hybrid
Operating Room Market Share, By Application, By Value, 2016-2026
Fig: Latin America Hybrid
Operating Room Market Share, By End-User, By Value, 2016-2026
Fig: Latin America Hybrid
Operating Room Market Share, By Country, By Value, 2016-2026
Fig: Middle-East &
Africa Hybrid Operating Room Market Size, By Value (USD Billion), 2016-2026
Fig: Middle-East &
Africa Hybrid Operating Room Market Y-o-Y Growth, By Value, 2017-2026
Fig: Middle-East & Africa
Hybrid Operating Room Market Share, By Component, By Value, 2016-2026
Fig: Middle-East &
Africa Hybrid Operating Room Market Share, By Application, By Value, 2016-2026
Fig: Middle-East &
Africa Hybrid Operating Room Market Share, By End-User, By Value, 2016-2026
Fig: Middle East &
Africa Hybrid Operating Room Market Share, By Country, By Value, 2016-2026
List
of Tables:
Table: Global Hybrid
Operating Room Market Size, By Component, By Value, 2016-2026
Table: Global Hybrid
Operating Room Market Size, By Application, By Value, 2016-2026
Table: Global Hybrid
Operating Room Market Size, By End-User, By Value, 2016-2026
Table: Global Hybrid
Operating Room Market Size, By Region, By Value, 2016-2026
Table: North America Hybrid
Operating Room Market Size, By Component, By Value, 2016-2026
Table: North America Hybrid
Operating Room Market Size, By Application, By Value, 2016-2026
Table: North America Hybrid
Operating Room Market Size, By End-User, By Value, 2016-2026
Table: North America Hybrid
Operating Room Market Size, By Country, By Value, 2016-2026
Table: Europe Hybrid
Operating Room Market Size, By Component, By Value, 2016-2026
Table: Europe Hybrid
Operating Room Market Size, By Application, By Value, 2016-2026
Table: Europe Hybrid
Operating Room Market Size, By End-User, By Value, 2016-2026
Table: Europe Hybrid
Operating Room Market Size, By Country, By Value, 2016-2026
Table: Asia-Pacific Hybrid
Operating Room Market Size, By Component, By Value, 2016-2026
Table: Asia-Pacific Hybrid
Operating Room Market Size, By Application, By Value, 2016-2026
Table: Asia-Pacific Hybrid
Operating Room Market Size, By End-User, By Value, 2016-2026
Table: Asia-Pacific Hybrid
Operating Room Market Size, By Country, By Value, 2016-2026
Table: Latin America Hybrid
Operating Room Market Size, By Component, By Value, 2016-2026
Table: Latin America Hybrid
Operating Room Market Size, By Application, By Value, 2016-2026
Table: Latin America Hybrid
Operating Room Market Size, By End-User, By Value, 2016-2026
Table: Latin America Hybrid
Operating Room Market Size, By Country, By Value, 2016-2026
Table: Middle-East &
Africa Hybrid Operating Room Market Size, By Component, By Value, 2016-2026
Table: Middle-East &
Africa Hybrid Operating Room Market Size, By Application, By Value, 2016-2026
Table: Middle-East &
Africa Hybrid Operating Room Market Size, By End-User, By Value, 2016-2026
Table: Middle East &
Africa Hybrid Operating Room Market Size, By Country, By Value, 2016-2026
Table: Koninklijke Philips
N.V. Financial Analysis
Table: Toshiba Corporation
Financial Analysis
Table: Siemens AG Financial
Analysis
Table: Alvo Medical
Financial Analysis
Table: Mizuho Corporation
Financial Analysis
Table: SISCO Financial
Analysis
Table: General Electric
Company Financial Analysis
Table: Trumpf Medical
Financial Analysis
Table: Stryker Corporation
Financial Analysis
Table: NDS Surgical Imaging
Financial Analysis
*Financial Information of
non-listed companies will be provided as per the availability
**The segmentation and the
companies are subjected to modification based on in-depth secondary for the
final deliverable.
Market Segmentation
By Component
· Angiography Systems
· MRI Systems
· CT Scanners Services
· Intraoperative
· Operating Room Fixtures
· Surgical Instruments
· Other
By Application
· Cardiovascular Application
· Neurosurgical Application
· Thoracic Application
· Orthopedic Application
· Other Applications
By End-User
· Hospitals
· Medical Research Firms
· Clinics
· Others
By Region
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
To request a free sample copy of this report, please complete the form below.
We value your investment and offer free customization with every report to fulfil your exact research needs.
RELATED REPORTS
WHY CHOOSE US
-
24/7 Research support
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
-
Coustom Research Service
Ask the Analyst to customize an exclusive study to serve your research needs
-
Quality & Accuracy
Ask the Analyst to customize an exclusive study to serve your research needs
-
Data Visualization
As the business world is changing dynamically every day. We need to stay pin point in relation to data management and optimum data utilization
-
Information security
We never share your personal and confidential information. Your personal information is safe and secure with us.