Rolling element bearings are essential components in modern mechanical equipment, providing crucial support for rotating parts. Hybrid ceramic ball bearings, consisting of steel rings and ceramic balls, have gained popularity in high-speed machinery to enhance performance. These bearings offer advantages such as longer fatigue life, improved performance, and higher speeds. Extensive research by scholars has been conducted to promote the wider adoption of hybrid ceramic ball bearings. This paper compiles relevant studies on hybrid ceramic bearings, organizing literature related to their lifetime, arranging literature pertaining to their performance analysis from the perspective of analytical methods, and collating literature on their lubrication techniques from the angle of lubrication methods. This paper covers research on lifetime modeling, fatigue spalling, wear, mechanical and tribological properties, dynamic performance, thermal analysis, temperature considerations, and lubrication techniques of hybrid ceramic ball bearings. The aim is to provide readers and researchers with a comprehensive overview of these innovative bearings.