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Global Digital Surgery Technologies Industry Outlook 2025-2029: Market Set to Cross $4.36 Billion Milestone
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Digital Surgery Technologies Market Size By 2025?
The market size for digital surgery technologies has seen a massive surge in the recent history. From $1.11 billion in 2024, it is expected to increase to $1.48 billion in 2025. This substantial surge amounts to a 33.6% compound annual growth rate (CAGR). Factors such as an increase in the elderly population, attempts to control costs, the worldwide expansion of healthcare, together with market competitiveness and innovation have contributed to this historical growth.
How Big Is the Digital Surgery Technologies Market Size Expected to Grow by 2029?
In the coming years, the market size for digital surgery technologies is projected to witness a massive expansion. The market is estimated to reach $4.36 billion by 2029, growing at a compound annual growth rate (CAGR) of 31.0%. Factors contributing to this growth in the forecast period include the increasing use of wearable technology, customized surgical solution demands, and a surge in healthcare consumerism. The period is also expected to see significant trends like the integration of remote monitoring and telehealth, surgical teaching aids and training solutions, the inclusion of AI and ML, as well as the advent of intelligent operating theatres.
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Which Key Market Drivers Powering Digital Surgery Technologies Market Expansion and Growth?
The expansion of the digital surgery technologies market is projected to be driven by the increasing incidence of chronic illnesses. Chronic diseases are long-lasting medical conditions that generally persist for a longer time period and typically require continued management and intervention. Factors like aging populations, urbanization, poor lifestyle choices, genetics, and social disparities contribute to the rise in chronic diseases. Digital surgery technologies enhance the accuracy, safety, and efficacy of surgical treatments, which are frequently needed for the treatment of complicated chronic diseases. For example, the National Library of Medicine, a medical library based in the US, forecasted in January 2023 that the number of chronic conditions will rise from 46.62 million in 2020 to 93.03 million by 2050, reflecting an estimated increase of nearly 99.55%. Hence, the escalating incidence of chronic illnesses is fuelling the expansion of the digital surgery technologies market.
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Which Fast-Growing Trends Are Poised to Disrupt the Digital Surgery Technologies Market?
Leading companies engaged in digital surgery technologies are creating sophisticated robotic aids such as robotic-assisted systems, to secure an edge in the industry. These robotic-assisted systems utilize robotic devices to amplify surgical precision, control and dexterity, thus enhancing patient outcomes and curbing the risk factors tied to conventional surgery practices. As an example, DePuy Synthes, an American medical device company, introduced the VELYS Robotic-Assisted Solution to the European market in October 2023. This pioneering technology is engineered for total knee replacement surgeries and combines advanced robotics with the ATTUNE Knee System, a comprehensive orthopedic implant system. This next-generation solution provides a customizable and exact procedure, leveraging useful insights, flexible implementation and proven performance to boost efficiency and optimize patient results. This device, which doesn't require imaging and can be mounted on a table, is designed to fit seamlessly into a surgeon's workflow. It features a user-friendly interface, efficient clinical application, adjustable workflow and quick registration process, all aimed at enhancing surgical efficiency.
What Are the Emerging Segments in the Digital Surgery Technologies Market?
The digital surgery technologiesmarket 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
Subsegments:
1) By Hardware: Robotic Surgical Systems, Surgical Instruments And Tools, Imaging Systems, Navigation Systems
2) By Software: Surgical Planning And Simulation Software, Surgical Navigation Software, Robotics Control Software, Data Analytics And Management Software
3) By Service: Installation And Integration Services, Training And Support Services, Maintenance And Repair Services
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Who Are the Global Leaders in the Digital Surgery Technologies Market?
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.
Which are the Top Profitable Regional Markets for the Digital Surgery Technologies Industry?
North America was the largest region in the digital surgery technologies market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the digital surgery technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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