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Hybrid Operating Room Market Size Expected to Surge with a CAGR of 11.50% by 2027 | Stryker Corporation, Siemens AG & Skytron LLC

Hybrid Operating Room Market size is projected to grow at a CAGR of 11.50% in the forecast period of 2022-27, cites MarkNtel Advisors in their recent research report.
Published 11 September 2024

The Global Hybrid Operating Room Market size is projected to grow at a CAGR of 11.50% in the forecast period of 2022-27, cites MarkNtel Advisors in their recent research report. The market is driven by the constant advancements in surgical technologies & laparoscopic surgeries & procedures, augmenting the demand for Hybrid Operating Rooms and demonstrating its swift traction in healthcare sectors throughout the world.

In addition, since such cases & procedures require patients to undergo several surgeries under anesthesia, the flexible approach of Hybrid ORs makes it convenient. Hence, comprehensive surgical theaters suiting difficult surgical procedures are also boosting the establishment of such ORs and positively influencing market growth.

Besides, these ORs are also capable of performing minimally invasive procedures like Endovascular Aneurysm Repair (EVAR) & Trans-catheter Aortic Valve Replacement (TAVR), which further widens its user base across the world, hinting toward an upward trajectory of the market growth, further states the research report, “Global Hybrid Operating Room Market Analysis, 2022.”

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Hybrid Operating Room Market Segmentation Analysis:

  • By Component(Intraoperative Diagnostic Imaging Systems (Angiography Systems, MRI Systems, CT Scanners), Operating Room Fixtures, (Operating Tables, Operating Room Lights, Surgical Booms), Radiation Shields, Surgical Instruments, Audiovisual Display Systems & Tools)
  • By Application(Cardiovascular, Neurosurgical, Thoracic, Orthopedic)
  • By End User(Hospitals & Surgical Centers, Ambulatory Surgical Centers)
  • By Region(North America, South America, Europe, Asia-Pacific, Middle East & Africa)

Increasing Orthopedic Issues in Geriatric Population to Stimulate the Market through 2027

Based on Application, Orthopedics shall attain a significant share of the Global Hybrid Operating Room Market and emerge as an area of lucrative opportunity for the leading players during the forecast period. This dominance attributes to the increasing geriatric population & high prevalence of orthopedic disorders like osteoporosis, bursitis, osteoarthritis, & osteonecrosis, among others.

Such disorders are augmenting the demand for advanced diagnosis & treatment and stimulating the establishment of Hybrid OR at diverse healthcare facilities. The same aspect is also generating growth opportunities for the players to increase offerings and drive the market through 2027. Besides, other procedures like knee & hip replacement surgeries are also driving the demand for the hybrid OR to address orthopedic applications.

Substantial Investments in the Healthcare Industry to Drive the Market across North America

North America dominated the Global Hybrid Operating Room Market with the largest share in recent years & is anticipated to continue its prevalence during the forecast period. This dominance attributes to the massive investments in the healthcare industry by the governments of different countries like the US & Canada in the region. It, in turn, is demonstrating an escalation in the establishment of hybrid OR.

Besides, the high registration of patients suffering from critical health issues is also propelling the demand for these ORs. In addition, as different countries in the region aim to make the region a healthcare hub, substantial investments, research & development activities, and encouragement for the deployment of these ORs are further contributing to the market growth across North America.

Explore the Full Report with Charts, Table of Contents, and List of Figures – https://www.marknteladvisors.com/research-library/hybrid-operating-room-market.html

Competitive Landscape

The leading players in the Global Hybrid Operating Room Market are Alvo, General Electric Company, Getinge AB, Hill-Rom Holdings, Inc., IMRIS, Mizuho Corporation, Medical Illumination, NDS Surgical Imaging, Koninklijke Philips N.V., STERIS plc., Stryker Corporation, Siemens AG, Skytron LLC, Canon Inc., and Siemens AG.

Key Questions Answered in the Research Report

  1. What are the current & future trends in the Global Hybrid Operating Room Market?
  2. How has the industry been evolving in terms of geography & product adoption?
  3. How has the competition been shaping across various regions, followed by their comparative factorial indexing?
  4. What are the key growth drivers & challenges for the Global Hybrid Operating Room Market?
  5. What are the customer orientation, purchase behavior, & expectations from hybrid operating room providers across various regions?

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