Hybrid Operating Room Market Size (2024 - 2029)

Hybrid Operating Room Market Analysis

The hybrid operating room market is poised to register a CAGR of 12.81% during the forecast period.

The COVID-19 pandemic led to a significant decrease in surgical procedures around the world and numerous advisories from respective governments regarding surgical procedures, which affected the market studied. For instance, according to a study published in the National Library of Medicine in August 2022, the quaternary care facilities successfully dealt with the COVID-19 pandemic's pressures by significantly reducing the number of surgical procedures performed during the peak of the pandemic. However, despite uneven recovery rates across subspecialties and case classes, total surgical procedure volumes did not fully return to pre-COVID-19 levels until well into 2021.

However, new launches by key market players are expected to increase the growth of the market studied in the post-pandemic period. For instance, in March 2022, LAU Medical Center-Rizk Hospital launched a new operating room with a grant worth USD 1.4 million provided by USAID under the American Schools and Hospitals Abroad initiative. Such initiatives are expected to increase market growth during the forecast period.

Hybrid ORs provide the ability to integrate diagnosis and perform image-guided operations with minimally invasive procedures in a single room. These spaces also offer a smooth transition to open procedures if the need arises. The hybrid operating room (OR) market is growing due to increasing demands for non-invasive methods of surgery, coupled with the rise in the geriatric population. 

The Aesthetic Plastic Surgery Statistics 2021 revealed that non-surgical procedures climbed by 44% in 2021 compared to 2020, while surgical procedures increased by 54%. Body operations saw the biggest growth (+ 63% vs. 2020), driven by increases in abdominoplasties (+ 49%) and liposuction procedures (+ 66%). 320 surgical procedures were carried out on average by plastic surgeons in 2021 compared to 220 in 2020. Such a high volume of surgical procedures in aesthetics is anticipated to drive market growth. As per the same source, approximately 94% of the procedures were performed on women. In 2021, 365,000 breast augmentations (+44%) were carried out. In addition, 71,000 women had their implants removed but not replaced, whereas 148,000 women had their implants removed and replaced (+32% from 2020). The huge number of cosmetic surgical procedures in developed regions is expected to drive the market studied. The increase in these procedures is expected to increase the demand for hybrid operation rooms during the forecast period. Thus, the abovementioned factors are expected to increase market growth.

However, the high establishment and maintenance expenses are expected to hinder market growth.

Hybrid Operating Room Industry Segmentation

A hybrid operating room enables the patient to get treated within the same facility for procedures with complexities. The availability of multiple types of equipment under the same space saves patients time from multiple surgeries and reduces the cost of procedure and recovery time. 

The hybrid operating room market is segmented by equipment (diagnostic imaging systems (angiography systems, MRI systems, CT scanners, and other diagnostic imaging systems), operating room fixtures (operating tables, operating room lights, surgical booms, and other operating room fixtures), and other equipment), application (cardiovascular surgery, neurosurgery, thoracic surgery, orthopedic surgery, and other applications), end user (hospital and surgical centers, outpatient surgical centers, and other end users), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the values in USD million for all the above-mentioned segments.