Product Description
Overall, the global hybrid operating room (OR) market was valued at $133.2 million in 2023. This is expected to increase over the forecast period at a CAGR of 17.8% to reach $419.8 million.
Throughout this medical market research, we analyzed over 20 hybrid OR companies across 7 continents and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts. The full report suite on the global market for hybrid ORs includes sales of a control system/hub/integration platform with extended imaging management capabilities.
DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2030, and Historical Data to 2020
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- COVID19 Impact
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
Global Hybrid OR Market Insights
Hybrid ORs were originally designed for vascular and cardiac procedures but have since evolved to include orthopedics and a wide range of general procedures where image-guided surgery is used, enhancing their versatility in accommodating different medical procedures. With the growing adoption of image-guided techniques in the medical field, there will be a rising need for imaging systems within ORs.
Global Hybrid OR Market Share Insights
- In 2023, Stryker dominated the global hybrid OR market with its SwitchPoint™ Infinity 3 Control System, offering advanced integration features like surgical checklists, room presets, quad view, centralized control, and teleconferencing. Stryker also provided SIDNE™ and SwitchPoint Infinity™ for wireless, touchscreen, or voice-activated control, enhancing surgeon efficiency.
- Karl Storz, the second-leading competitor in 2023, offers the well-established OR1™ NEO integrated OR solution, along with the OR1™ FUSION, featuring IP-based 4K video management. Additionally, Karl Storz introduce software like SCENARA™ for data management and AIDA™ for image and video storage with HD, 4K, and 3D capabilities.
- Olympus, the third-leading competitor, gained market share after acquiring ImageStream in 2017 and adding EasySuite™ to its product lineup. In 2018, Olympus introduced the EasySuite™ 4K integrated OR solution, suitable for both general and specialty ORs due to its versatility.
Market Segmentation Summary
- Hybrid OR Market
Global Research Scope Summary
| Report Attribute | Details |
|---|---|
| Regions | North America (Canada, United States) Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.) Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam) Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
| Base Year | 2023 |
| Forecast | 2024-2030 |
| Historical Data | 2020-2023 |
| Quantitative Coverage | Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
| Qualitative Coverage | COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
| Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |
CONTACT US FOR ADDITIONAL INFORMATION
For full segmentation and any questions regarding research coverage, please contact us for a complimentary demo of the full report.
