Press release
Surgical Smart Glasses Market to Cross US$ 303,934.14 thousand by 2028 | Leading companies IRISTICK, AMA XpertEye, Pixee Medical, RODS AND CONES, ImmersiveTouch
Surgical smart glasses provide a smarter way to perform surgeries across the globe. Surgeons wear these glasses while performing a surgery and expert professionals from outside can view the surgery through these smart glasses and give advice regarding the surgery. Surgeon in Operation Theater can communicate with another surgeon with the help of microphones of the glasses and share the surgical view with the wide lens camera on the surgical smart glass.The surgical smart glasses market was valued at US$ 145,287.76 thousand in 2020 and is projected to reach US$ 303,934.14 thousand by 2028; it is expected to grow at a CAGR of 9.9% from 2021 to 2028.
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A few prominent players operating in the surgical smart glasses market are MEDITHINQ CO., LTD; Taiwan Main Orthopaedic Biotechnology; IRISTICK; DTU Srl.; Vuzix Corporation; Pixee Medical; RODS AND CONES.; AMA XpertEye; ImmersiveTouch, Inc.; and Microsoft Corporation.
Companies in North America are taking several initiatives for combating the COVID-19 pandemic. In January 2021, BioSig Technologies, Inc. announced a partnership with Vuzix Corporation, a leading supplier of smart glasses and augmented reality (AR) technology and products. BioSig Technologies, a medical technology company, is commercializing an innovative signal processing platform designed to improve signal fidelity and uncover the full range of ECG and intra-cardiac signals. It would deploy Vuzix's M400 Smart Glasses for the remote servicing of its PURE EP System, as a part of the nationwide rollout plan of BioSig's novel real-time signal processing platform to the large and growing electrophysiology market in the US.
In September 2017, Taiwan's Institute for Information Industry, ADE Technology, National Chin-Yi University of Technology, and A-SPINE Asia Co. Ltd. developed the world's first smart glasses for medical surgeries, which incorporate mixed reality technologies. The new technology offers 3D virtualizations that can be used to resolve critical problems during orthopedic surgeries. The integration of such technologies to enhance the functionalities of surgical smart glasses would reshape the surgical smart glasses market in the coming years.
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Market players are launching new and innovative products and services to sustain their position in the surgical smart glasses market. For instance, in Jun 2020, MediThinQ commercially launched wireless smart glasses GV-200C. These wireless smart glasses solutions provide surgical site vision to front of eyes regardless of surgeon's position and orientation. Surgeon is able to have identical image on smart glasses instead of monitor for convenience and higher efficiency.
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