openPR Logo
Press release

Hybrid Operating Room Market to Garner $1.80 Bn, Globally, by 2026 at 11.7% CAGR

04-14-2020 04:04 PM CET | Health & Medicine

Press release from: Allied Market Research

The global hybrid operating room industry was pegged at $744.1 million in 2018 and is projected to reach $1.80 billion by 2026, registering a CAGR of 11.7% from 2019 to 2026.

Incentives for market growth

Rise in number of surgical procedures, surge in patient preference for minimally invasive surgeries, and surge in regulatory approvals have boosted the growth of the global hybrid operating room market. However, the high cost associated with the hybrid operating room hampers the market growth. On the contrary, untapped potential in developing countries is expected to create lucrative opportunities in the near future.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6294

Intraoperative diagnostic system segment dominated the market

By product, the intraoperative diagnostic system segment held the largest share in 2018, contributing to more than half of the global hybrid operating room market. This is due to increased use by surgeons in neurosurgery applications for removing brain tumor and interventional neurovascular procedures. Moreover, it is used to guide the localization and delineation of regions of surgical interest, which boosted the growth of the segment. However, the communication systems segment is expected to register the fastest CAGR of 13.7% during the forecast period, owing to rise in demand for communication systems in hybrid operating room, increase in awareness and availability of these systems, surge in acceptance of minimally invasive surgical procedures, technological advancements in communication systems, and increase in incidence & prevalence of neurosurgical, and orthopedic procedures.

Neurosurgery segment to manifest the fastest CAGR by 2026

The neurosurgery segment is expected to portray the fastest CAGR of 13.2% during the study period, owing to rise in number of neurological disorders patients, surge in number of minimally invasive neurovascular surgeries, and rapid technological advancements in the field of medical robotics. However, the cardiovascular surgery segment held the largest share in 2018, accounting for nearly two-fifths of the global hybrid operating room market, owing to rise in preference of heart surgeons for hybrid operating room settings during target surgical procedures, surge in adoption of endovascular procedures during cardiovascular surgery, poor nutrition rise in incidence & prevalence of cardiovascular diseases, surge in demand for minimally invasive surgery, and increase in number of patients suffering from obesity.

North America held the lion's share

The global hybrid operating room market across North America held the largest share in 2018, contributing to nearly three-fifths of the market, owing to technological advanced hybrid operating room equipment, increase in number of hospitals and ambulatory surgery centers in the U.S., and rise in a geriatric population. However, the market across Asia-Pacific region is expected to manifest the fastest CAGR of 14.2% during the forecast period, owing to improvement in healthcare infrastructure, rise in number of hospitals equipped with advanced medical facilities, the developing R&D sector, rise in healthcare reforms, technological advancements in hybrid operating room settings.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6294

Major market players

Alvo Medical
Getinge AB (MAQUET Holding B.V. & Co. KG)
GE Healthcare
IMRIS Inc.
Hill-Rom Holdings, Inc. (Trumpf Medical System, Inc.)
Mizuho Corporation
Koninklijke Philips N.V.
Stryker Corporation
Siemens AG
Toshiba Corporation (Canon Medical Systems Corporation)

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Life Science Market: https://www.alliedmarketresearch.com/reports-store/life-sciences
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hybrid Operating Room Market to Garner $1.80 Bn, Globally, by 2026 at 11.7% CAGR here

News-ID: 2010343 • Views: 213

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently

All 5 Releases


More Releases for CAGR

Probiotic Ingredients Market at a CAGR 6%
A hectic lifestyle, result of longer and more demanding work days and work life, is leading to consumers shift preferences in terms of plugging the dietary gaps. While it is a logical outcome of this lifestyle that more and more people have no time to prepare elaborate meals, packed with nutrition, it is also true that awareness regarding the same is leading to hustle for capsule health. Read report Overview- https://www.transparencymarketresearch.com/probiotic-ingredients-market.html What this
Wireless Charging Industry Climbing Towards CAGR 45.5%
According to a recent report published by Allied Market Research, titled, Global Wireless Charging Market by Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, The global wireless charging market was valued at $5,220.0 million in 2017, and is projected to reach $71,213.0 million by 2025, registering a CAGR of 38.7% from 2018 to 2025. At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S.
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020