Artificial Intelligence (AI) in Operating Room: Global Market Opportunity Analysis

by yoona kim on Jun 22, 2023 Business 361 Views

By 2031, the operating room AI industry is expected to increase at an astounding rate of 3,175.4 million dollars, a record-breaking rate of growth. The market of Artificial Intelligence (AI) in Operating Room is anticipated to develop at an impressive compound annual growth rate (CAGR) of 41.8% from 2021 to 2031. This significant growth can be attributed to a number of important factors, including the significant increase in funding for Artificial Intelligence (AI) initiatives, significant developments in robotics and medical visualisation technology, and the inherent benefits of AI-enabled surgeries over traditional procedures.

In the healthcare sector, artificial intelligence has emerged as a game-changing technology that is revolutionising numerous facets of patient care. AI-powered solutions are transforming surgical operations in the operating room by giving surgeons instantaneous insights, decision support, and accurate direction. The use of AI technology in operating rooms around the world is being fueled by the rising investments and funding for AI research and development. The creation of sophisticated AI algorithms, machine learning models, and robotics systems that increase surgical precision, lower complications, and better patient outcomes are being facilitated by these expenditures.

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The operating room AI industry is expanding as a result of developments in robots and medical visualisation technology. Using robotic surgical devices, surgeons may carry out intricate surgeries with more control, dexterity, and precision. To improve surgical planning, intraoperative guidance, and postoperative monitoring, these devices use AI capabilities. Additionally, the combination of AI-powered surgical platforms with medical visualisation technologies like augmented reality and virtual reality is creating new opportunities for immersive surgical experiences, improved training, and increased patient safety.

Highlighted with 85 tables and 88 figures, this 166-page report “Artificial Intelligence (AI) in Operating Room: Global Market 2021-2031 by Offering (Hardware, Software), Technology (ML, DL, NLP, Others), Application (Training, Diagnosis, Analysis, Planning & Rehabilitation), Indication (Gastroenterology, Neurology, Urology, Orthopedics, Cardiology), End User (Hospitals, ASCs, Specialized Facilities), and Region” is based on a comprehensive research of the entire global operating room AI market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

View Report Scope and Latest Developments in the Market:

https://www.marketwatch.com/press-release/artificial-intelligence-ai-in-operating-room-global-market-opportunity-analysis-trends-key-players-overview-report-2023-06-03?mod=search_headline

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global home fitness equipment market in every aspect of the classification from perspectives of Product Type, Grade, End User, Distribution Channel, and Region.

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Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Hardware
  • Software

Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Machine Learning (ML)
  • Deep Learning (DL)
  • Natural Language Processing (NLP)
  • Computer Vison and Others

Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Training & Supporting
  • Diagnosis & Monitoring
  • Outcome & Risk Analysis
  • Surgical Planning & Rehabilitation

o            Pre-Operative

o            Intra-Operative

o            Post-Operative

  • Integration & Connectivity
  • Other Applications

By Indication, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Gastroenterology
  • Neurology
  • Urology
  • Orthopedics
  • Cardiology
  • Other Indications

By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Hospitals
  • Ambulatory Surgical Centers (ASCs)
  • Standalone/Specialized Facilities
  • Other End Users

Geographically, the following regions together with the listed national/local markets are fully investigated:

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Sweden, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Russia, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (UAE, Saudi Arabia, Iran, Other Nations)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of key national markets by Product Type, End User, and Distribution Channel over the forecast years are also included.

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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Activ Surgical Inc.

Brainomix Limited

Caresyntax Corp

DeepOR S.A.S

ExplORer Surgical Corp.

Hanson Meditec Co., Ltd.

Holo Surgical Inc.

LeanTaaS Inc.

Medtronic Plc

Proximie

Scalpel Limited

Theator Inc.

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