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. Hybrid operating room comprises technically efficient and easy-to-use equipment for routine interventions. It is equipped with complex, advanced imaging devices, and supporting technologies that provide a closer & clearer patient diagnosis. The advanced imaging systems assists in minimally invasive procedures, which minimizes the chances of incisions and risk of trauma in patient undergoing treatment. Various clinical applications such as orthopedic trauma surgery, neuronal surgeries, thoracic surgery, cardiovascular surgery, and laparoscopy surgery are performed in the hybrid operating room.

List of Key Players

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

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The major factors that boost the global hybrid operating room market growth are rapid technological advancements in the imaging modalities such as MRI, CT scan, ultrasound, and others; rise in counts of patients undergoing renal, cardiac, oncological, and neurological treatments; and increase in preference of patients toward hybrid operating room due to better patient safety, shorter hospital stays, and accurate diagnosis & treatment. In addition, surge in investment in hybrid OR equipment, growth in regulatory approvals for different hybrid operating equipment, increase in patient preference for effective & affordable surgical treatment are expected to boost the market growth during the forecast period. However, low income and lack of proper medical attention in the developing countries hamper the growth of the hybrid operating room market.

Depending on product, the market is divided into magnetic resonance imaging (MRI), computed tomography (CT), angiography systems, and others. The intraoperative diagnostic system segment dominated the hybrid operating room market in 2018, due to technological advancements in intraoperative diagnostic systems, surge in prevalence of chronic diseases along with changes in lifestyle, and rise in demand for innovative & hybrid operating room equipment.

By application, the cardiovascular surgery segment was the highest revenue contributor in the hybrid operating room market in 2018, and is expected to maintain its dominance during the forecast period. This is attributed to rise in incidence & prevalence of cardiovascular surgery diseases, and increase in adoption of endovascular procedures during cardiovascular surgeries. In addition, surge in demand for minimally invasive surgeries and increase in number of patients suffering from obesity are expected to offer remunerative opportunities for market expansion in the near future.

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In 2018, North America accounted for the major share in the hybrid operating room market size, and is expected to continue this hybrid operating room market trend during the forecast period, owing to availability of well-developed infrastructure, presence of majority of key players in the region, rise in number of surgical procedures, and availability of trained medical professionals. However, Asia-Pacific is anticipated to register the fastest growth during the forecast period, owing to rise in disposable income, improvement in healthcare infrastructure, increase in number of hospitals equipped with advanced medical facilities, and development of the R&D sector.

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