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Artificial Intelligence (AI) in Operating Room Market Expansion Continues, with Forecast Valuation of $2.58 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Artificial Intelligence (AI) in Operating Room Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for artificial intelligence (AI) in the operating room has witnessed substantial growth over the recent years. The market is projected to expand from $0.71 billion in 2024 to $0.9 billion in 2025, at a compound annual growth rate (CAGR) of 26.5%. This surge during the historical period is largely due to advancements in surgical robotics, enhanced imaging and diagnostic instruments, the increasing prevalence of minimally invasive surgery, the need for accuracy and safety in surgeries, and the advent of early AI-assisted diagnostics.
Artificial Intelligence (AI) in Operating Room Market Size Forecast: What's the Projected Valuation by 2029?
The market size of artificial intelligence (AI) in the operating room is predicted to undergo notable expansion in the coming years, advancing to a valuation of $2.58 billion by 2029, with a compound annual growth rate (CAGR) of 30.0%. Factors fueling the projected growth during the forecast period include the incorporation of AI in surgical assistance, improvements in medical imaging interpretation, the adoption of robotics and automation, as well as augmented reality (AR) and virtual reality (VR), all interconnected with AI driven predictive analytics. The future trends within the forecast period count on personalized surgical planning, real-time reciprocal relationships, telepresence and remote surgery, cooperation between humans and machines, and enhancements in surgical education and training.
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What Are the Drivers Transforming the Artificial Intelligence (AI) in Operating Room Market?
The rise in deadly chronic diseases is projected to fuel the growth of the AI in the operating room market. Chronic diseases are referred to as enduring illnesses or conditions that are ultimately lethal, characterized by persistent symptoms, constant medical care, and a prognosis showing a restricted life expectancy. In managing these diseases, AI in the operation theatre assists surgeons in carrying out accurate and targeted surgeries while predicting the advancement of these diseases. A pioneering AI program can analyze CT scans of fatal chronic diseases like cystic fibrosis in merely a few seconds, eliminating the need for human involvement. For example, in July 2023, the UK-based Office for National Statistics revealed that chronic lower respiratory diseases became the primary cause of excess deaths in England, with a noticeable increase of 359 deaths, an 18% rise beyond the average. Thus, the escalation in fatal chronic diseases is prompting the growth of the AI in an operating room market.
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What Long-Term Trends Will Define the Future of the Artificial Intelligence (AI) in Operating Room Market?
One significant trend emerging in the artificial intelligence (AI) in the operating room market involves the creation of novel products. Large corporations functioning in this sector are heavily invested in the generation of newfangled products and solutions to maintain their dominance in the market. In a notable example from May 2022, Zimmer Biomet Holdings Inc. (a prominent US-based company that produces medical devices) rolled out their first AI abilities for Omni Suite. Omni Suite is a cutting-edge operating room (OR) designed to mechanize monotonous procedures, simplify redundant equipment, and remove unnecessary technologies, making surgical workflows and procedures more efficient. The added AI function makes use of cameras to automatically identify and accurately record crucial OR activities such as patient's arrival and departure, the number of door openings, start and finish times of anesthesia, operation, and cleaning. In doing so, Omni Suite's AI function significantly boosts ZBEdge's AI potential. ZBEdge is a suite amalgamating intelligent, digital, and robotic technologies that offer pivotal clinical conclusions powered by data, ultimately enhancing patient outcomes.
Which Segments in the Artificial Intelligence (AI) in Operating Room Market Offer the Most Profit Potential?
The artificial intelligence (AI) in operating room market covered in this report is segmented -
1) By Offerings: Hardware, Software-As-A-Service (SaaS)
2) By Indication: Cardiology, Orthopedics, Urology, Gastroenterology, Neurology, Other Indications
3) By Technology: Machine Learning (ML), Deep Learning (DL), Natural Language Processing (NLP), Computer Vision
4) By Application: Training And Supporting, Diagnosis And Monitoring, Outcome And Risk Analysis, Surgical Planning And Rehabilitation, Integration And Connectivity, Other Applications
5) By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Standalone Or Specialized Facilities, Other End Users
Subsegments:
1) By Hardware: Surgical Robots, Imaging Systems, Monitoring Devices
2) By Software-As-A-Service (SaaS): Surgical Planning Software, AI-Powered Analytics Tools, Remote Monitoring And Support Software
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Which Firms Dominate the Artificial Intelligence (AI) in Operating Room Market by Market Share and Revenue in 2025?
Major companies operating in the artificial intelligence (AI) in operating room market include 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.
Which Regions Offer the Highest Growth Potential in the Artificial Intelligence (AI) in Operating Room Market?
North America was the largest region in the artificial intelligence (AI) in operating room market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) in operating room market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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