Growing prevalence of fatal chronic diseases and increasing initiatives by the governments to drive the AI in operating room market in the forecast period, 2023-2027.
According to TechSci Research report, “AI in Operating Room Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global AI in operating room market is anticipated to grow at a significant rate in the forecast period, 2023-2027. The surge in prevalence of chronic diseases, rising number of surgeries, and extensive technological advancements in the healthcare sector are the primary factors driving the growth for the global AI in operating room market. AI based surgeries acquire various benefits such as it is a minimally invasive method, safe, quick recovery in patients and others. Growing expansion of infrastructure development, rise in patients preference for minimally invasive surgeries, and support from governments are expected to influence the market demand. The increasing focus on mergers, partnerships, and acquisitions among the market participants is augmenting the growth of the AI in operating room market, globally.
However, the lack of a well-defined regulatory framework in regions and limited studies and data on the efficiency of AI in operating rooms are likely to hamper the growth of global AI in operating room market.
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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). The software-as-a-service (SaaS) segment is expected to witness the largest market share.
Based on technology, the market is divided into machine learning, deep learning, natural language processing (NlP), and others. The machine learning segment is projected to grow at a significant rate over the forecast period. This is ascribed to its way to validate doctors reasoning and decisions through analytical algorithms.
Based on indication, the market is divided into cardiology, orthopedics, urology, gastroenterology, neurology, and others. The cardiology segment is projected to grow at a significant rate over the forecast period. This is ascribed to the rising number of cases suffering from cardiovascular diseases.
Based on application, the market is divided into training, diagnosis, surgical planning & rehabilitation, outcomes & risk analysis, integration & connectivity, and others. The surgical planning & rehabilitation segment is projected to grow at a significant rate over the forecast period.
Based on end user, the market is divided into hospitals, ambulatory surgery centers, and others. The hospital segment is projected to grow at a significant rate over the forecast period. This is due to the increasing number of surgeries, large patient pool, and adoption of advanced technologies and equipments.
Major companies operating in global AI in operating room market are:
- Activ Surgical, Inc.
- Brainomix Ltd,
- Caresyntax, Inc.
- DeepOR S.A.S
- ExplORer Surgical Corp.
- Holo Surgical Inc.
- LeanTaaS Inc.
- Medtronic Plc
- Proximie, Scalpel Limited
- Theator Inc.
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“North America dominates the market in 2021 and is expected to maintain its dominance in the coming years due to the availability of affordable medical treatments for severe diseases conditions, and faster adoption of new technologies. Also, the proper availability of healthcare and medical facilities, growing acceptance of advanced technologies, a rapid increase in investments, high inclination toward minimally invasive method, and the higher purchasing power in the regions are expected to propel the global AI in operating room market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“AI in Operating Room Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Component (Hardware, Software-as-a-Service (SaaS)), By Technology (Machine Learning, Deep Learning, Natural Language Processing (NLP), Others), By Indication (Cardiology, Orthopedics, Urology, Gastroenterology, Neurology, Others), By Application (Training, Diagnosis, Surgical Planning & Rehabilitation, Outcomes & Risk Analysis, Integration & Connectivity, Others), By End User (Hospitals, Ambulatory Surgical Centers, Others), By Company, and By Region”, has evaluated the future growth potential of global AI in operating room market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global AI in operating room market.
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