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Hybrid Operating Room Market Worth USD 1572 million in 2025, Growing at a CAGR of 10.8%

03-13-2020 06:07 PM CET | Health & Medicine

Press release from: GMI Research

New analysis from GMI Research, expects the revenue for the Hybrid Operating Room market to reach USD 1,572 million in 2025, growing at a compound annual growth rate (CAGR) of 10.8% during the forecast period 2018-2025. The significant factors boosting the demand of the Global Hybrid Operating Room market include the growing minimally invasive surgeries and the rapid technological advancement in robot assisted surgeries across the globe.

Hybrid operating room is gaining traction in large and urban healthcare facilities due to the increasing investments for the development of novel technologies that can help in improving healthcare systems for patients. Moreover, the improved patient outcomes with less invasive procedures, coupled with shorter ICU stays in the hospital will drastically increase the demand for hybrid operation rooms over the coming years. The rising emphasis of patients on timely and effective disease management will encourage the end-users to opt for hybrid operating room for enhanced experience.

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Based on the Device Type, the intraoperative diagnostic devices segment is expected to grow at a higher CAGR during the forecast period owing to the increasing installation of hybrid ORs across major economies and the ongoing integration and automation of operating room workflows. In addition to this, the continuous technological advancement in the field of diagnostic imaging is promoting the usage of intraoperative diagnostic devices across the globe.

Know more about the Global Hybrid Operating Room Market: https://www.gmiresearch.com/global-hybrid-operating-room-market/

Based on the End-User, the Hospital segment is anticipated to lead the market during the forecast period due to the rising emphasis of patients on timely and effective disease management, coupled with the rapid increase in the number of hospitals and surgical centers in developing economies across the globe. Moreover, the significant rise in the healthcare spending and the growth in the government & private investments for healthcare facilities infrastructure will fuel the demand of the market over the coming years.

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Based on the region, North America is anticipated to lead the market during the forecast period owing to the increasing investments by hospitals to upgrade their operating rooms followed by the increasing number of surgical procedures and ambulatory surgery centers in the region. The presence of advanced medical and healthcare infrastructure will promote the adoption of hybrid operating rooms. The Asia-Pacific region is expected to grow at a higher CAGR during the forecast period owing to the significant shift in the patient's preference towards affordable & effective surgical treatments, and the continuous advancement in the operation room technology across the Asian countries.

The Global Hybrid Operating Room market has been segmented based on device type, end use, and key geographies. Based on the device type, the market is segmented into surgical imaging displays, communication system, intraoperative diagnostic devices, operating tables, surgical booms, and others. Based on end user, the market has been segmented into hospitals, ambulatory surgical centres, and others.

Various notable players operating in the market include Siemens AG, Toshiba Medical Devices Corporation, Stryker Corporation, General Electric Company, IMRIS Inc., Koninklijke Philips N.V., Eschmann Holdings Ltd., Getinge AB, TRUMPF Medical Systems, Inc., Skytron LLC., among others.

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About GMI Research:

GMI Research leverages its industry expertise and experience to identify the industry trends, big opportunities and potential growth areas across industries. Our Syndicated reports provide actionable insights and covers industry trends, market drivers & restraints, macroeconomic factors, market estimates & forecasts, competitive landscape etc. which helps our clients to strengthen its market position by deploying specific strategies and actions that will lead to higher growth.

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