Explore the Hybrid Operating Room Equipment Market by Startups

Hybrid operating rooms (HORs) are multipurpose rooms designed for numerous surgical disciplines, such as cardiology, neurology, orthopedic, and others. Equipment in hybrid operating rooms includes surgical tables, high-resolution monitors, imaging systems, and specialized tools tailored for both open and minimally invasive surgeries. The adoption of interoperative imaging during surgeries is the future of surgery and has led to the adoption of HORs. These rooms allow surgeons to perform diagnosis, imaging, surgery, and biopsy all in the same room which reduces need to move patient between imaging suite and operating room.

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Future Market Trends and Key Drivers

BCC Research expects the global market for hybrid operating room equipment to grow at a compound annual growth rate (CAGR) of 12.6% to reach $2.7 billion by 2028. This growth is driven by key factors such as increasing demand for minimally invasive surgeries, rapid advancements in imaging systems, and the adoption of robotic surgery. Additionally, the increasing number of surgical application areas will also inject growth within the market

Leading Players

Advanced technologies and growing investment in the medical device sector are also influencing this market. Let’s dive into the top companies in this market.

Getinge AB

Getinge is the first leading healthcare company in the list. Founded in Sweden in 1904, the company offers a wide range of solutions to over 25,000 customers worldwide, including the 10 largest hospitals in its markets.

Additionally, Getinge provides equipment and systems for critical care areas such as intensive care units (ICUs) and emergency departments, including ventilators, heart-lung machines, and other life-supporting devices. With 17.5% of the total, Getinge held the highest market share in 2022.

Stryker Corporation

Stryker held the second-largest market share at 10.2% in 2022. It is a leading global medical technology company headquartered in Kalamazoo, Michigan, United States, established in 1941. Stryker's major products include medical and surgical equipment. In the United States, most of Stryker's products are marketed directly to doctors, hospitals, and other healthcare facilities. Internationally, its products are sold in over 100 countries.

Stryker launched its Q Guidance System for spine applications in September 2022.

Steris

STERIS held a market share of 7.4% in the hybrid operating room equipment market in 2022. The company is a leading global provider of products and services that support patient care, with an emphasis on infection prevention. It has approximately 16,000 associates worldwide and operates in more than 100 countries.

Startup Companies

Revolve Surgical - Founded in 2019 in Canada, Revolve Surgical has developed a new surgical robotics system for minimally invasive procedures, offering a significantly cheaper and smaller alternative to existing systems.

Moon Surgical - Moon Surgical has introduced the Maestro System, a robotic surgery platform that enhances traditional laparoscopy precision and control, supporting high-volume surgeons in performing complex procedures. The company was established in 2019 in France.

AiM Medical Robotics - AiM Medical Robotics, a United States company established in 2018, has developed a portable MRI-compatible surgical robot for neurosurgery. This innovation aims to enhance precision, automation, and efficiency in both the complex MRI suite and operating room environments.
Ganymed Robotics - Founded in 2018, Ganymed Robotics is a company that develops advanced AI and robotics technologies for orthopedics, aiming to improve patient outcomes, surgeon experience, and joint-replacement efficiency. Its unique robot-with-eyes platform enhances surgeons’ ability to see beyond the naked eye and execute perfect gestures. The company is based in France.

Future Market Predictions

The Hybrid Operating Room (HOR) Equipment market is experiencing increasing global demand due to its advantages in patient safety, cost savings, operational efficiency, and reduced operating time. BCC Research forecasts that this market will reach $2.7 billion by 2028, growing at a rate of 12.6% annually. Overall, the future of the HOR equipment market looks promising.

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