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Digital Surgery Technologies Market Research Report
Digital Surgery Technologies Market Research
As per the report, the digital surgery technologies market size has grown exponentially in recent years. It will grow from $0.83 billion in 2023 to $1.11 billion in 2024 at a compound annual growth rate (CAGR) of 33.6%. The digital surgery technologies market size is expected to see exponential growth in the next few years. It will grow to $3.55 billion in 2028 at a compound annual growth rate (CAGR) of 33.8%.
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Impact Of Chronic Disease Prevalence On Digital Surgery Technologies
The growing prevalence of chronic diseases is expected to propel the growth of the digital surgery technologies market going forward. Chronic diseases refer to long-term medical conditions that typically persist over an extended period and often require ongoing management and treatment. The rise in the prevalence of chronic diseases is due to aging populations, urbanization, unhealthy habits, genetics, and social inequalities. Digital surgery technologies enhance the precision, safety, and effectiveness of surgical interventions, which are often required for the management of complex chronic diseases. For instance, in January 2023, according to the National Library of Medicine, a US-based medical library, the prevalence of chronic conditions is expected to nearly double from 46.62 million in 2020 to 93.03 million by 2050, indicating a projected increase of approximately 99.55%. Therefore, the growing prevalence of chronic diseases is driving the growth of the digital surgery technologies market.
Advancements In Robotic-Assisted Solutions In Digital Surgery Technologies
Major companies operating in digital surgery technologies are developing advanced robotic solutions, such as robotic-assisted solutions, to gain a competitive edge in the market. A robotic-assisted solution refers to the use of robotic systems or devices that are designed to enhance surgical precision, dexterity, and control, thereby improving patient outcomes and reducing the risks associated with traditional surgical approaches. For instance, in October 2023, DePuy Synthes, a US-based medical device company, launched the VELYS Robotic-Assisted Solution on the European market, a cutting-edge technology for total knee replacement surgeries. This innovative technology combines advanced robotics with the ATTUNE Knee System, a comprehensive orthopedic implant system designed for total knee replacement surgeries, to provide a personalized and precise procedure. This innovative solution offers valuable insights, versatile execution, and verified performance to enhance efficiency and optimize patient outcomes. This table-mounted and imageless solution integrates seamlessly into surgeons' workflow, offering a clear user interface, streamlined clinical application, adaptable workflow, and a fast registration process to improve procedural efficiency.
The digital surgery technologies market covered in this report is segmented -
1) By Component: Hardware, Software, Service
2) By Product Type: Surgical Navigation And Advanced Visualization, Surgical Simulation, Surgical Planning, Surgical Data Science
3) By Technology: Artificial Intelligence And Bigdata, Internet Of Things And Robotics, Extended Reality, Other Technologies
4) By Organization Size: Small And Medium Enterprises, Large Enterprises
5) By End User: Insurance Companies, Medical Device Vendors, Hospitals and Ambulatory Surgical Centers, Education and Research Institutes, Other End Users
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Major companies operating in the digital surgery technologies market report are Johnson & Johnson (Ethicon), Medtronic plc, Siemens Healthineers AG, FUJIFILM Holdings Corporation, Philips Healthcare, Stryker Corporation, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Olympus Corporation, Intuitive Surgical Inc., Smith & Nephew plc, Integra LifeSciences Holdings Corporation, CONMED Corporation, Brainlab AG, Novadaq Technologies Inc., Osso VR Inc., Augmedics Ltd., VirtaMed, Verb Surgical Inc., Caresyntax Inc., Centerline Biomedical, FundamentalVR, Mimic Technologies Inc., PrecisionOS, EchoPixel Inc.
Contents of the report:
1. Executive Summary
2. Digital Surgery Technologies Market Report Structure
3. Digital Surgery Technologies Market Trends And Strategies
4. Digital Surgery Technologies Market - Macro Economic Scenario
5. Digital Surgery Technologies Market Size And Growth
…..
27. Digital Surgery Technologies Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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