The global AI in operating
room market is anticipated to observe impressive growth during the forecast
period, 2023-2027. The major factors include increasing prevalence of fatal chronic diseases,
rising adoption of advanced technology, and increase in number of surgeries
conducted are driving the growth of market, globally. Operating room is a facility where
surgical interventions and procedures are done to treat patients from various
physiological and pathological conditions. It is safe, sterile environment, and
inert room to perform surgeries. The other factors supporting the market's
growth are rising investments by governments, increasing initiatives by key
players, rise in geriatric population, rise in patients preference for
minimally invasive surgeries, large number of patient pool, presence of better
healthcare services. Also, increasing mergers, partnerships, and acquisitions
among the market participants are fueling the growth of the market.
Increasing in the Fatal Chronic
Diseases and Rise in Geriatric Population
Rising occurrences of fatal
chronic diseases such as cancer, diabetes, heart strokes, and others are
driving the growth of the market. Nowadays, people are becoming prone to
various diseases because of their unhealthy choices, consumption of alcohol,
smoking, and sedentary lifestyles, which, in turn, bolster the growth of the
market. The rising number of cases of surgeries is surging the market growth,
globally. Also, the elderly generation is prone to these diseases, which
bolsters the growth of the market. According to WHO, Cardiovascular diseases
(CVDs) are the foremost cause of death, worldwide. In 2019, 17.9 million deaths
were recorded from cardiovascular diseases, which is 32% of global deaths. Out
of these, 85% were due to stroke and heart attack.
Rising Demand for
Technological Advanced Solutions
Over the last few years,
the dependency on conventional and outdated procedures is reduced, as these
methods had medical errors, high administration costs and readmission rates, due
to which the healthcare costs were high. Rapid advancements in robotics and
medical visualization technologies in the healthcare sector is propelling the
growth of the market. There is a rise in adoption of AI-enabled technologies or
surgeries over conventional methods as they are benefiting the healthcare
sector. This is attributed to the benefits such as they are minimally invasive,
quick recovery, quite effective, safe-to use, smaller scars, and reduced
inflammation. Thus, these factors the impelling the growth of the market. According
to a study involving 379 orthopedic patients, observed that AI-assisted robotic
method resulted in five times fewer complications than operating alone.
Growing Government
Initiatives Foster the Market Growth
Governments across the
globe are taking several initiatives to modify the healthcare infrastructure,
such as rising investments and growing awareness regarding technologies among
professionals, are bolstering the growth of the market. For instance, the US
Federal Government has recognized the importance of sustained and adequate funding
for healthcare infrastructure development. Therefore, the bipartisan PREVENT
Pandemics Act of 2022 offers complete financing for public health. Also,
growing favorable reimbursement policies, and rising investments by key market
players are augmenting the growth of the market.
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Market
Segmentation
The global AI in
operating room market is segmented into
component,
technology, indication, application, end user, and company. Based
on component, the market is divided into hardware, and software-as-a-service
(SaaS). Based on technology,
the market is divided into machine learning, deep learning,
natural language processing (NlP), and others. Based
on indication, the market is divided into cardiology, orthopedics, urology,
gastroenterology, neurology, and others. Based on application, the market is
divided into training, diagnosis, surgical planning & rehabilitation,
outcomes & risk analysis, integration & connectivity, and others. Based
on end user, the market is divided into hospitals, and ambulatory surgery
centers, and others. In
terms of country, the United States is expected to be a lucrative market in the
forecast period due to rising number of fatal chronic diseases in the country.
Market Players
Activ Surgical, Inc., Brainomix Ltd, Caresyntax,
Inc., DeepOR S.A.S, ExplORer Surgical Corp., Holo Surgical Inc., LeanTaaS Inc.,
Medtronic Plc, Proximie, Scalpel Limited, and Theator Inc. are some of the leading companies
operating in the market.
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Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historic Data
|
2017 –
2020
|
|
Estimated Year
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2022
|
|
Forecast Period
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2023
– 2027
|
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
|
|
Report coverage
|
Revenue forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments covered
|
·
Component
·
Technology
·
Indication
·
Application
·
End User
·
Company
|
|
Regional scope
|
North America; Asia Pacific; Europe & CIS; South America;
Middle East & Africa
|
|
Country scope
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United States; Canada; Mexico; China; India; Japan; South
Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia;
South Africa; UAE; Saudi Arabia; South Africa; Turkey; Egypt; Australia;
|
|
Key companies profiled
|
Activ Surgical, Inc., Brainomix Ltd, Caresyntax, Inc., DeepOR
S.A.S, ExplORer Surgical Corp., Holo Surgical Inc., LeanTaaS Inc., Medtronic
Plc, Proximie, Scalpel Limited, and Theator Inc
|
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase
options
|
|
Delivery Format
|
PDF and
Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
|
Report Scope:
In this report, global AI in operating
room market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
·
AI
in Operating Room Market, By Component:
o
Hardware
o
Software-as-a-Service
(SaaS)
·
AI
in Operating Room Market, By Technology:
- Machine Learning
- Deep Learning
- Natural Language Processing (NLP)
- Others
·
AI
in Operating Room Market, By Indication:
- Cardiology
- Orthopedics
- Urology
- Gastroenterology
- Neurology
- Others
·
AI
in Operating Room Market, By Application:
- Training, Diagnosis
- Surgical Planning &
Rehabilitation
- Outcomes & Risk Analysis
- Integration & Connectivity
- Others
·
AI
in Operating Room Market, By End User:
- Hospitals
- Ambulatory Surgery Centers
- Others
·
AI in Operating Room Market, By Region:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Europe & CIS
- Germany
- France
- United Kingdom
- Spain
- Italy
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
§
South
Africa
§
Saudi
Arabia
§
UAE
§
Turkey
§
Egypt
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in AI in Operating Room Market
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options
are available for the report:
Company
Information
- Detailed analysis and profiling of additional market players (up to
five).
AI
in Operating Room Market is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]