Surgical Smart Glasses Market Growth of 9.9% CAGR During The Forecast Period

The Surgical Smart Glasses Market size (volume and value) and Market chain structure published by the insight partners through its high-quality database which is a valuable source of guidance and direction for companies and individual interested in the Market. Major companies with their market volumes and revenues are covered for each of the regions (north america, europe, asia pacific, middle east & africa, south & central america).

Request sample pages of this research study at -https://www.theinsightpartners.com/sample/TIPRE00016817/?utm_source=OpenPR&utm_medium=10366

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.

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 is segmented on the basis of type, end user, and geography. By geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the surgical smart glasses market, emphasizing on parameters such as market trends, technological advancements, and market dynamics along with the analysis of competitive landscape of world's leading market players.    

Order a copy of this research study at -

https://www.theinsightpartners.com/buy/TIPRE00016817/?utm_source=OpenPR&utm_medium=10366

Increasing Number of Surgical Procedures Contribute Significantly to Market Growth

The rising prevalence of chronic diseases such as cancer, diabetes, cardiovascular diseases (CVDs), stroke, and kidney diseases is expected to have a positive impact on the number of surgical procedures across the globe. As per the WHO, CVDs are the leading cause of mortality, and they result in the deaths of ~17.9 million people every year across the world. Moreover, as per the International Diabetes Federation's Diabetes Atlas Ninth edition 2019, about 463 million adults (aged 20-79 years) had diabetes in 2019, and the number is expected to reach 700 million by 2045. Such high prevalence of chronic conditions is expected to drive the number of surgical procedures, which will ultimately boost the growth of the surgical smart glasses market. For instance, according to the data published by the Obesity and Metabolic Surgery Society of India in 2020, the number of bariatric surgeries in India increased by around 86.7% during 2014-2018 in India. In addition, according to the study published by the American Society for Metabolic and Bariatric Surgery, in 2019, around 252,000 weight loss surgeries were performed in the US.

Type Insights                   

Based on type, the global surgical smart glasses market is bifurcated into wireless type and wire type. In 2020, the wireless type segment held a larger share in the market. Moreover, the market for the same segment is expected to hold a higher market share by 2028. The wireless surgical smart glasses allow real-time streaming video of surgery to multiple locations, by reducing travel time and enabling access of healthcare to remote locations. This factor, in turn, is likely to boost the demand for surgical smart glasses across the world in the forecast period.

End User Insights

Based on end user, the global surgical smart glasses market is segmented into hospital, clinic, and others. The hospital segment held the largest market share in 2020, and it is further expected to dominate the market by 2028. Hospitals are primary contact points for patients to get their diagnosis done and opt for treatment options and alternatives.

The prominent/emerging players in the Surgical Smart Glasses Market research include:

Analog Devices, Inc.
DEXCOM, INC.
Glusense Ltd.
Honeywell International Inc.
Medtronic
NXP SEMICONDUCTORS N.V.
Pinnacle Technology Inc.
Sensirion AG
TE Connectivity
Texas Instruments Incorporated

Company overview:

Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Financial performance:

Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title "financial performance" (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (sbus) and others.

Product benchmarking:

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic initiatives:

Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

Contact us:                                                                                                         

If you have any queries about this report or would like further information, please contact us:

North america:          +1 646 491 9876                                          

Asia-pacific:               +91 20 6727 8686                                         

Email:                         sales@theinsightpartners.com

About us:                                                           

The insight partners is a one stop Market research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as semiconductor and electronics, aerospace and defense, automotive and transportation, Surgical Smart Glasses, healthcare it, manufacturing and construction, medical device, technology, media and telecommunications, chemicals and materials.

Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get value of their money along with better quality data and analysis.

Our research content is majorly focused towards market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis etc. We provide detailed break-up of segmentation in terms of geography, technology, product and services etc.; which helps our clients to get a deeper analysis on various research topics.

This release was published on openPR.