Digital Surgery Technologies Market Size was valued at USD 795.59 Mn in 2023 and is predicted to reach USD 6,078.74 Mn by 2031 at a 29.50% CAGR during the forecast period for 2024-2031.
Several key elements are propelling the growth of the global digital surgery technologies market. These include the increasing involvement of technologists and start-ups in advancing surgical innovation, the enhanced precision afforded by digital surgery techniques, and the promising potential for improved post-operative rehabilitation through pre-surgical planning. The incorporation of (AR) and (VR) into surgical procedures holds promise for augmenting patient safety, refining surgical outcomes, and propelling medical progress through innovation and education.
Nevertheless, there are challenges to be addressed for the full realization of these benefits in clinical practice. These include technological constraints, regulatory hurdles, and the necessity for further validation through clinical trials. Despite these challenges, ongoing developments in healthcare infrastructure, particularly in developed regions, are facilitating the adoption of digital surgery technologies. Hospitals and healthcare institutions are investing in cutting-edge equipment and systems to enhance surgical outcomes, thereby fostering market expansion.
The digital surgery technologies market is segmented based on product and technology. Based on product, the digital surgery technologies market is segmented as surgical simulation systems, surgical planning, surgical data science and surgical navigation, & advanced visualization. Based on technology, the digital surgery technologies market is segmented as AI algorithms, mixed reality, other technologies., augmented reality & virtual reality.
The AR/VR category is expected to hold a major share of the global digital surgery technologies market in 2022. (AR) and (VR) are revolutionizing digital surgery technology, significantly impacting various stages of the surgical process and offering a multitude of advantages. Surgeons can overlay real-time data, such as vital signs, anatomical structures, and surgical instructions, onto the patient's body using AR glasses or displays. This enhancement improves spatial awareness and aids in decision-making during surgery. Intraoperative Guidance: AR can guide surgeons during minimally invasive procedures by highlighting critical structures and pathways within the surgical field. This minimizes tissue damage and enhances surgical accuracy. Pre-operative planning and rehearsal: Surgeons can generate virtual models of the patient's anatomy and rehearse the planned surgery in VR. This enables meticulous planning and risk mitigation before entering the operating room.
The surgical simulation systems segment is projected to develop at a speedy rate in the global digital surgery technologies market. The rising prominence of surgical simulation systems reflects a growing recognition of their importance in improving surgical training, enhancing patient safety, and advancing the field of surgery. Surgical simulation systems also play a crucial role in the research and development of new surgical techniques and technologies. They provide a platform for testing and refining procedures before they are used in clinical practice.
The North America digital surgery technologies market is poised to secure the leading market share in terms of revenue in the foreseeable future. This trend is propelled by escalating healthcare investments, coupled with government initiatives aimed at fostering technological advancements within the healthcare sector. The region's substantial population and mounting prevalence of chronic illnesses further drive the adoption of digital surgery technologies, enhancing patient outcomes. Similarly, the European region is anticipated to experience rapid growth within the global digital surgery technologies market. This growth is underpinned by factors such as rapid urbanization, escalating healthcare expenditure, and advancements in medical infrastructure. Countries are witnessing a surge in demand for innovative surgical solutions to cater to the burgeoning healthcare needs of their populations.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 795.59 Mn |
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Revenue Forecast In 2031 |
USD 6,078.74 Mn |
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Growth Rate CAGR |
CAGR of 29.50% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Technology, By Product and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Activ Surgical, Augmedics, Brainlab, Caresyntax, Centerline Biomedical, EchoPixel, Inc., FundamentalVR, Medical Realities, Medtronic, Osso VR, PrecisionOS, Stryker Corporation, Surgical Science Sweden and VirtaMed |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Digital Surgery Technologies Market Snapshot
Chapter 4. Global Digital Surgery Technologies Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Technology Estimates & Trend Analysis
5.1. by Technology & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Technology:
5.2.1. AI Algorithms
5.2.2. Mixed Reality
5.2.3. Augmented Reality and Virtual Reality
5.2.4. Other Technologies
Chapter 6. Market Segmentation 2: by Product Estimates & Trend Analysis
6.1. by Product & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product:
6.2.1. Surgical Simulation Systems
6.2.2. Surgical Planning
6.2.3. Surgical Data Science
6.2.4. Surgical Navigation and Advanced Visualization
Chapter 7. Digital Surgery Technologies Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2019-2031
7.1.2. North America Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by Product, 2019-2031
7.1.3. North America Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.2. Europe
7.2.1. Europe Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2019-2031
7.2.2. Europe Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by Product, 2019-2031
7.2.3. Europe Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2019-2031
7.3.2. Asia Pacific Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by Product, 2019-2031
7.3.3. Asia Pacific Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.4. Latin America
7.4.1. Latin America Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2019-2031
7.4.2. Latin America Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by Product, 2019-2031
7.4.3. Latin America Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2019-2031
7.5.2. Middle East & Africa Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by Product, 2019-2031
7.5.3. Middle East & Africa Digital Surgery Technologies Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Activ Surgical
8.2.2. Augmedics Ltd.
8.2.3. Brainlab AG
8.2.4. Caresyntax
8.2.5. Centerline Biomedical
8.2.6. EchoPixel, Inc.
8.2.7. FundamentalVR
8.2.8. Medical Realities Ltd.
8.2.9. Medtronic plc
8.2.10. Osso VR Inc.
8.2.11. PrecisionOS
8.2.12. Stryker Corporation
8.2.13. Surgical Science Sweden AB
8.2.14. VirtaMed AG
8.2.15. Other Prominent Players
Digital Surgery Technologies Market- By Technology
Digital Surgery Technologies Market- By Product
Digital Surgery Technologies Market- By Region
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
