Press release
Artificial Intelligence (AI) in Operating Room Global Market Observe Highest Growth of $1.98 Billion with an Excellent CAGR of 28.4% by 2028
"The Business Research Company recently released a comprehensive report on the Global Artificial Intelligence (AI) in Operating Room Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=12608&type=smp
According to The Business Research Company's, The artificial intelligence (ai) in operating room market size has grown exponentially in recent years. It will grow from $0.57 billion in 2023 to $0.73 billion in 2024 at a compound annual growth rate (CAGR) of 26.9%. The growth in the historic period can be attributed to advancements in surgical robotics, improved imaging and diagnostic tools, rise in minimally invasive surgery, demand for precision and safety, early ai-assisted diagnostics.
The artificial intelligence (ai) in operating room market size is expected to see exponential growth in the next few years. It will grow to $1.98 billion in 2028 at a compound annual growth rate (CAGR) of 28.4%. The growth in the forecast period can be attributed to ai-powered surgical assistance, enhanced medical imaging analysis, robotics and automation, augmented reality (ar) and virtual reality (vr), ai-enabled predictive analytics. Major trends in the forecast period include customized surgical planning, real-time feedback loops, remote surgery and telepresence, human-machine collaboration, surgical education and training.
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Market Drivers and Trends:
The increasing number of fatal chronic diseases is expected to propel the growth of the artificial intelligence (AI) in operating room market going forward. Fatal chronic diseases refer to long-term illnesses or conditions that are ultimately life-threatening and are characterized by persisting symptoms, ongoing medical management, and a prognosis indicating a limited life expectancy. AI in the operating room is used in managing chronic diseases by assisting surgeons in performing precise and targeted surgeries for chronic diseases and helping to predict the progression of such diseases. A novel artificial intelligence (AI) program can interpret CT (Computed Tomography) scans of chronic fatal diseases such as cystic fibrosis (CF) patients in just a couple of seconds without the need for human intervention. For instance, in September 2022, according to the Cystic Fibrosis Foundation, a US-based non-profit organization, the number of cystic fibrosis cases in the United States increased to 32,100 in 2021 from 31,534 cases in 2020, with the majority of adult patients having an average age of 23. Therefore, an increase in fatal chronic diseases is driving the growth of the artificial intelligence (AI) in operating room market.
Product innovations are a key trend gaining popularity in artificial intelligence (AI) in the operating room market. Major companies operating in the artificial intelligence (AI) in the operating room market are focused on innovating new products and solutions to sustain their position in the market. For instance, in May 2022, Zimmer Biomet Holdings Inc., a US-based medical device company, launched the first-of-its-kind artificial intelligence capabilities for Omni Suite, an intelligent operating room (OR) designed to automate tedious operations, streamline redundant gear, and eliminate needless technologies to improve surgical workflow and procedural efficiency. The new AI feature employs cameras to identify automatically and time stamp significant OR workflow events, such as patient arrival and exit, door count, the beginning and end of anesthetic, operation, and cleaning. Omni Suite's AI feature further enhances ZBEdge's AI capabilities. ZBEdge is a collection of integrated smarts, digital, and robotic technologies that give transformative clinical insights powered by data to improve patient outcomes.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Medtronic Plc, Siemens Healthineers Ltd., Stryker Corporation, Zimmer Biomet Holdings Inc., Olympus Corporation, Intuitive Surgical Inc., Merative L.P., Vicarious Surgical Inc., Augmedics Ltd., NovaSignal Corp., Caresyntax Inc., Quibim S.L., Corindus Vascular Robotics Inc., Lunit Inc., Nano-X Imaging Ltd., Viz.ai Inc., Subtle Medical Inc., Caption Health Inc., Inovus Medical, Asensus Surgical Inc., Activ Surgical Inc., CureMetrix Inc., Orpheus Medical Ltd., MaxQ AI Ltd., Perimeter Medical Imaging AI Inc., RadLogics Inc., Riverain Technologies LLC, Therapixel SA, Proximie Limited, Gauss Surgical Inc
Artificial Intelligence (AI) in Operating Room Market 2024 Key Insights:
• The artificial intelligence (ai) in operating room market size is expected to see exponential growth in the next few years. It will grow to $1.98 billion in 2028 at a compound annual growth rate (CAGR) of 28.4%.
• Revolutionizing Healthcare In The Battle Against Fatal Chronic Diseases
• Product Innovations Driving AI In The Operating Room Market
• North America was the largest region in the artificial intelligence (AI) in operating room market in 2023
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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