Market Snapshot

Market Overview

The global Hybrid Operating Room Market size is USD 10628.02 million in 2022 and is projected to reach a CAGR of 11.12% from 2023-2030.

A hybrid operating room is a type of surgical theatre or space that has C-arms, CT scanners, and MRI scanners for medical imaging. It also supports high-quality interventional imaging procedures as well as complicated open and minimally invasive surgeries. Hybrid operating rooms are beneficial to both patients and healthcare providers. Hybrid operating rooms of the present day are used for a wide range of procedures that are less invasive than traditional procedures and allow patients to recover faster.

The primary factor driving the market growth is the increasing adoption of minimally invasive surgical procedures and technological advancements. Because they cause fewer complications and less blood loss, minimally invasive surgery (MIS) procedures are increasingly being chosen by patients. In addition, they require a shorter hospital stay and have a lower rate of readmission than open surgeries. Additionally, minimally invasive procedures are less expensive than open procedures.

In a comprehensive strategy to address the backlogs, advancements in AI technology may play a crucial role in enhancing efficiency and lowering costs for hospitals and surgical facilities. In addition, some of the factors that are contributing to market growth include the development of advanced imaging and diagnostic technologies for the operating room (OR), rising government funding for projects to improve OR infrastructure or redevelopment in hospitals, the growing need to reduce healthcare expenditure, and an increase in investments in OR equipment.

Patients waiting for surgery experienced significant wait times as a result of the COVID-19 virus. According to a study that was published in the British Journal of Surgery, COVID-19 caused 28 million surgeries to be postponed or cancelled worldwide in 2020, with millions of surgeries delayed until 2021. As a result, the need to improve scheduling efficiencies has grown in importance as thousands of patients face surgery delays. Consequently, market participants have introduced a variety of technologies to meet operating room integration demand.

Delvens Industry Expert's Standpoint

The global hybrid operating room market's size is being driven by significant technological advancements. Market expansion has been aided by an increase in the use of robotic procedures in a number of nations, including the United States, Germany, the United Kingdom, and Japan. Companies in the medical, healthcare, and government sectors are increasing their R&D investments, accelerating global market progress. The global expansion of the hybrid operating room market is also anticipated to be aided by an increase in minimally invasive procedures.

Market Portfolio

Key Findings

• On the basis of components, the hybrid operating room market is divided into intraoperative diagnostic imaging systems, operating room fixtures, surgical instruments, audiovisual display systems and tools, and others. In addition, intraoperative diagnostic imaging systems have been divided into angiography, MRI, CT, and other categories. Further subcategories of operating room fixtures include radiation shields, surgical booms, operating table lights, and operating room lights. Because these systems are frequently used in minimally invasive surgery (MIS) procedures and provide functional guidance to anesthesiologists and surgeons, the intraoperative diagnostic system segment is expected to generate the majority of revenue over the forecast period.
   
• On the basis of application, cardiovascular applications, neurosurgical applications, thoracic applications, orthopedic applications, endo-bronchial procedures, and others are the segments that make up the hybrid operating room market. The market for operating room integration was dominated by general surgery, which also contributed the most revenue. The market's expansion is further fueled by the rising number of chronic illnesses that necessitate surgical procedures and the growing number of hospitals using MIS technology. Due to rising demand for orthopedic procedures in the coming years, the orthopedic surgery market is expected to grow at a profitable CAGR over the forecast period.
   
• The market for hybrid operating rooms is divided into hospitals and surgical centers, clinics, medical research companies, and ambulatory surgical centers based on the end user. Due to the widespread use of integrated operating rooms (ORs), the hospital sector dominated the market for OR integration and contributed the most revenue. Over the course of the forecast period, it is anticipated that the market for operating room integration will expand at an exponential rate in the ambulatory surgical center segment.
   
• On the basis of device type, the hybrid operating room market's techniques include Audio Video Management System, Display System, and Documentation Management System. Due to the numerous applications in operating rooms, the documentation management systems segment commanded the highest revenue share of the operating room integration market and is expected to dominate the market in the forecast years as well. This system makes it easier to manage all of the records that come from different sources and puts them all on one platform so that surgeons can access the patient's history and other important information during the surgery.

 

Regional Analysis

Asia Pacific to Dominate the Market

• Due to a large number of surgeries being performed and the growing popularity of hybrid operating rooms, the North American region dominates the hybrid operating room market.
   
• Due to an increase in the number of surgeries and a rise in the prevalence of communicable diseases, Asia-Pacific is anticipated to expand at a significant rate from 2023 to 2030. The market is being driven by a growing number of MIS procedures, an increase in the number of patients with chronic disorders that necessitate surgical interventions, and the rapid improvement of the healthcare infrastructure.

 

Competitive Landscape

• Braiblab AG
• Barco
• Dragerwerk AG & Co. KGaA
• Steris