We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress
Sign In
Advertise with Us

Download Mobile App




Global Hybrid OR Market to Reach USD 1,17 Million by 2022

By HospiMedica International staff writers
Posted on 06 Dec 2017
Print article
The global hybrid operating room (OR) market is expected to grow at a CAGR of 12.5% from USD 652.0 million in 2017 to USD 1,174.9 million by 2022, driven by technological advancements in robot-assisted surgeries, increasing minimally invasive surgeries, and growing patient preference for affordable & effective surgical treatments. However, high establishment costs and procedural risks for patients associated with hybrid ORs are expected to limit the market growth during 2017 to 2022.

These are the latest findings of MarketsandMarkets (Seattle, WA, USA), a global market research company. Based on component, the intraoperative diagnostic imaging systems segment is expected to record the highest CAGR during the forecast period, led by significant installation costs for diagnostic imaging products, increasing installation of hybrid ORs across the major countries, ongoing integration and automation of OR workflows, and continuous technological advancements in diagnostic imaging.

Based on application, the thoracic segment is expected to record the fastest growth during the forecast period, driven by increasing thoracic surgeries performed globally, and rising awareness among healthcare professionals about the cost & therapeutic efficacy offered by hybrid ORs.

Based on end-user, the hospitals and surgical centers segment held the largest share of the global hybrid OR market in 2016, owing to growing patient emphasis on timely and effective disease management, increasing diagnostic and surgical procedures performed in hospitals, and growing number of hospitals and surgical centers being established in the developing countries, such as India, China, and South Africa.

Based on region, North America held the largest share of the global hybrid OR market in 2016, due to significant investments by hospitals for upgrading their ORs, and increasing number of surgical procedures and ambulatory surgery centers in the region. However, Asia-Pacific is expected to register the highest growth during the forecast period, due to the rapid increase in healthcare expenditure of the region’s emerging countries, such as China and India, which will support the adoption of advanced surgical & diagnostic technologies in their healthcare systems.

Related Links:
MarketsandMarkets

Gold Member
SARS‑CoV‑2/Flu A/Flu B/RSV Sample-To-Answer Test
SARS‑CoV‑2/Flu A/Flu B/RSV Cartridge (CE-IVD)
Gold Member
STI Test
Vivalytic Sexually Transmitted Infection (STI) Array
Silver Member
Compact 14-Day Uninterrupted Holter ECG
NR-314P
New
Examination Table
Powerline Backrest Top

Print article

Channels

Critical Care

view channel
Image: The permeable wearable electronics developed for long-term biosignal monitoring (Photo courtesy of CityUHK)

Super Permeable Wearable Electronics Enable Long-Term Biosignal Monitoring

Wearable electronics have become integral to enhancing health and fitness by offering continuous tracking of physiological signals over extended periods. This monitoring is crucial for understanding an... Read more

Surgical Techniques

view channel
Image: NTT and Olympus have begun the world\'s first joint demonstration experiment of a cloud endoscopy system (Photo courtesy of Olympus)

Cloud Endoscopy System Enables Real-Time Image Processing on the Cloud

Endoscopes, which are flexible tubes inserted into the body's natural openings for internal examination and biopsy collection, are becoming increasingly vital in medical diagnostics. Their minimal invasiveness... Read more

Patient Care

view channel
Image: The newly-launched solution can transform operating room scheduling and boost utilization rates (Photo courtesy of Fujitsu)

Surgical Capacity Optimization Solution Helps Hospitals Boost OR Utilization

An innovative solution has the capability to transform surgical capacity utilization by targeting the root cause of surgical block time inefficiencies. Fujitsu Limited’s (Tokyo, Japan) Surgical Capacity... Read more

Health IT

view channel
Image: First ever institution-specific model provides significant performance advantage over current population-derived models (Photo courtesy of Mount Sinai)

Machine Learning Model Improves Mortality Risk Prediction for Cardiac Surgery Patients

Machine learning algorithms have been deployed to create predictive models in various medical fields, with some demonstrating improved outcomes compared to their standard-of-care counterparts.... Read more

Point of Care

view channel
Image: The PATHFAST hs-cTnI-II high-sensitivity troponin assay has been developed for the PATHFAST Biomarker Analyzer (Photo courtesy of Polymedco)

POC Myocardial Infarction Test Delivers Results in 17 Minutes

Chest pain is the second leading cause of emergency department (ED) visits by adults in the United States, generating over 7 million visits annually. In the event of a suspected heart attack, physicians... Read more
Copyright © 2000-2024 Globetech Media. All rights reserved.