1. 1 Global Hybrid Operating Rooms Market 2015-2021 Occams Business Research & Consulting
2. 2 Table of contents Introduction Planning for Hybrid OR Value Chain Analysis Hybrid OR Market Segmentation oBy application oBy devices Drivers of Hybrid OR Market Restraints of Hybrid OR Market Challenges of Hybrid OR Market Opportunities of Hybrid OR Market Market share Analysis Key Strategies of Market Leaders Geography Analysis Market Estimation OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
3. The global hybrid OR market is expected to grow at a CAGR of 16.66% during 2015-2021. A hybrid operating room is facilitated with advanced medical imaging equipments provided a interconnectivity through a established communication system. The market includes revenue from various imaging devices and operating equipments used in operating theater. Also the market is segmented on the basis of various therapeutic applications such as cardio vascular surgery, neuro surgery and so on. 3 INTRODUCTION OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
4. Planning for a hybrid operating room 4 Hospital administration Business managers Internal applications technology specialist Information technology specialist Administration MDs that will use the facility Anesthesiology Radiology and echo Perfusion technician OR and cath lab nurse/nurse managers Medical Staff Architect Interior designer Internal hospital facilities manager Building construction manager Design/ Engineer Planning Team for A Hybrid OR OCCAMS BUSINESS RESEARCH & CONSULTING PVT.
5. Value Chain Analysis Source: OBRC Analysis 5 CONCEPTION AND DEVELOPMENT MANUFACTURE PACKAGING AND LABELING ADVERTISING SALE USE DISPOSA L SUPPLIER MANUFACTURER VENDOR USER OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
6. Market Segmentation Hybrid OR Market North America -USA -Canada Europe -UK -Spain -Germany -Italy -France Exhaustive segmentation & estimations. APAC -China -Japan -India -Thailand Applications Therapeutics Diagnostic Imaging Cardiovascular Neurosurgery Thoracic Surgery Biopsy Orthopedic surgeries Laparoscopic surgeries Emergency care Other Fluoroscopy Digital subtraction angiography Three- dimensional (3D) C-arm computed tomography By devices Operating tables Operating room lights Surgical booms Operating room Communication systems Surgical Imaging Displays Geography
7. 7 Cardiovascular & Neurosurgery dominates the therapeutic application market Source: OBRC Analysis Cardiovascular Neurosurgery Thoracic Surgery Biopsy Orthopedic Surgeries Laparoscopic Surgery Emergency care Other Surgeries CVD is responsible for 17.5 million fatalities, globally it represents 31 percent of all mortalities OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
8. 80.0 1000.0 2000.0 3000.0 4000.0 5000.0 6000.0 7000.0 8000.0 9000.0 10000.0 2013 2014 2015 2016 2017 2018 2019 2020 2021 The market is growing at a CAGR of 16.66% and further growth opportunities lie in the fields of Robotic Surgery and Surgical Therapeutics. Geographically, APAC and Latin America are expected to show significant growth. Increasi ng Heart Patients Reliability Issues Benefits of Hybrid OR over Conventional OR Innovations in Healthcare Increasing Demand For Safety High Costs Lower Adoption Rates Increasing healthcare spending Market Determinants for Hybrid OR Market
9. 9 Benefits of Hybrid OR over Conventional OR Source: OBRC Analysis Conventional ORs Hybrid ORs Interventionalist Patient Specialist Surgeon Patient Interventionalist Specialist Surgeon To ensure the success of the hybrid approach, the multidisciplinary team approach has developed and facilitated joint pre operative decision making and intra-operative collaboration between surgery and any specialized streams such as cardiology, orthopedics, and so on OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
10. 10 Increasing Number of ASCs (Ambulatory Surgical Centers) 0 1000 2000 3000 4000 5000 6000 1988 1993 1998 2004 2008 2013 NumberofACS Year No. of ASCs As per MedPAC, or the Medicare Payment Advisory Commission, during the period between 2006 and 2010, the count of ASCs with Medicare certification went up 3.6% annually on an average in the U.S. OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
11. Increasing number of surgeries OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD. 11 Type of surgery No. of surgeries performed Arteriography and angiocardiography using contrast material 2.4 million Cardiac catheterizations 1.0 million Endoscopy of small intestine with or without biopsy 1.1 million Endoscopy of large intestine with or without biopsy 499,000 Diagnostic ultrasound 1.1 million Balloon angioplasty of coronary artery or coronary atherectomy 500,000 Hysterectomy 498,000 Cesarean section 1.3 million Reduction of fracture 671,000 Insertion of coronary artery stent 454,000 Coronary artery bypass graft 395,000 Total knee replacement 719,000
12. High Cost of Operating Room Equipment results in lower adoption 12 Key Restraint of Hybrid OR Market What is the Business Impact? Imaging Equipment Construction OR Equipment Life & Support Equipment Audio Visual Equipment Surgical Equipment Cost Structure for Hybrid Operating Room Installation
13. Emerging Economies in Asia-Pacific and Latin America Technology is the Key to Success Significant Development in digital imaging devices 13 Opportunity Analysis & More. OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
14. 14 Market Share & Key Company Analysis Source: OBRC Analysis Getinge Stryker Steris Corporation TRUMPF GmbH + Co. KG Others OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
15. Gentige Stryker Steris Corporation TRUMPH GmbH + Co. KG 1. Innovation And Technology Adoption-Innovative and Adoption of various communication technology to enable Hybrid OR System effectively. 2. Targeting Asia Pacific: Asia Pacific poses huge demand due to increasing medical tourism . 3. Partnerships: Partnerships with medical device makers to enhance their product offerings and adoption of latest technology. 4. Acquisition: Acquisition to improve market share and gain expertise in particular domain. 15 Step by Step Strategic Analysis & Business Implications of Market Participants
16. 16 Geographic Analysis1 Hybrid OR market by geography Source: OBRC Analysis 2013 2021 North America Europe Asia Pacific RoW OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.
17. 17 APAC is predicted to be the most lucrative market in the next few years. Growth of medical tourism in Asian countries such as India, Malaysia, and South Korea drives the demand for hybrid operating rooms in the region. Europe is considered to be the second most lucrative region for hybrid operating room market. The European regions have one of the finest healthcare systems and are inclined towards latest healthcare technologies. North America is equipped with worlds best hospitals and clinics. According to ECRI institute of US 75 percent of the cardiovascular surgeons will be working in hybrid Operating Room by 2018. Increase in Awareness Levels Will Enable Quick Growth in Opportunity Markets Source: OBRC Analysis OCCAMS BUSINESS RESEARCH & CONSULTING PVT. LTD.