About Hybrid Operating Room Technology
Increasing demand for technologically advanced operating rooms and equipment in the healthcare domain across the globe will help to boost the global Hybrid Operating Room Technology market in the forecasted period. Hybrid operating room in medical settings refers to a facility wherein different surgical procedures are performed for the treatment of diverse pathological and physiological conditions in a sterile environment.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global Hybrid Operating Room Technology market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cook Medical Inc. (United States), Eschmann Equipment (United Kingdom), General Electric Company (United States), Johnson & Johnson Services, Inc. (United States), Maquet Holding BV & Co. KG (Germany), Mediflex Surgical Products (United States), Koninklijke Philips N.V (the Netherlands), SISCO Ltd (India), STERIS plc. (United States) and Siemens Healthcare GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Mizuho OSI (United States) and NDS Surgical Imaging (United States).
Segmentation Overview
AMA Research has segmented the market of Global Hybrid Operating Room Technology market by Type (Intraoperative Diagnostic imaging systems [Angiography systems, MRI systems, CT systems, Other], Operating room fixtures [Operating tables, Operating room lights, Surgical booms, Radiation shields], Surgical instruments, Audiovisual display systems and tools and Other components), Application (Cardiovascular applications, Neurosurgical applications, Thoracic applications, Orthopedic applications and Other applications) and Region.
On the basis of geography, the market of Hybrid Operating Room Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End User, the sub-segment i.e. Ambulatory will boost the Hybrid Operating Room Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements Associated with Hybrid Operating Room Technology such as MRI, CT Scan, Ultrasound, and Others
Market Growth Drivers:
Increasing Adoption of Minimally Invasive Surgeries, The Surge to Investment in Hybrid OR Equipment and Growth in Regulatory Approvals for Different Hybrid Operating Equipment
Challenges:
The Dearth of Skilled Surgeons for Or Management
Restraints:
Procedural Risks Associated With Hybrid Or Significant Establishment and Operational Costs
Opportunities:
Rising Adoption of Robot-Assisted Surgeries and High Demand due to Emerging Markets
In January 2024, Olympus has launched new ESG-410™ Surgical Energy Platform for conventional monopolar and bipolar, advanced energy applications now including ultrasonic dissection and hybrid energy. and The ESG-410 Surgical Energy Platform provides a comprehensive energy solution with applications in many specialties including general surgery, thoracic surgery, urology and gynaecology. This latest version has been upgraded to allow the use of THUNDERBEAT™ and SONICBEAT™ devices from the same generator as the other energy modes and offers a 34% reduction in seal time when using the seal mode on THUNDERBEAT™ devices.
Key Target Audience
Hybrid operating room manufacturers, Hybrid operating room suppliers, Research and development (R&D) companies, Medical research laboratories and Academic medical institutes and universities
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.