Artificial Intelligence (AI) and Analytics in Surgery Market – By Component (Software, Service) Technology (Machine Learning, Deep Learning, NLP), Application (Cardiovascular, Orthopaedic, Gastroenterology, Neurosurgeries), End-use, Global Forecast (2024 – 2032)

Artificial Intelligence and Analytics in Surgery Market Size

Artificial Intelligence and Analytics in Surgery Market size was valued at USD 187 million in 2023 and is anticipated to witness growth at a CAGR of 26.5% from 2024 and 2032. High market growth can be attributed to the increasing adoption of minimally invasive surgical procedures, which benefit greatly from AI-enhanced precision and predictive analytics.
 

Additionally, growing volume of surgical procedures globally, coupled with the rising prevalence of chronic diseases requiring surgical interventions, has created a significant market opportunity for AI and analytics solutions in surgery. Moreover, the potential of AI to improve patient outcomes, reduce surgical errors, and optimize operating room workflows is driving adoption among healthcare providers. Furthermore, the increasing investment in healthcare infrastructure, especially in emerging markets, is expected to further fuel the growth of AI and analytics in surgery market.
 

Artificial intelligence (AI) and analytics in surgery refer to the use of advanced technologies, such as machine learning, computer vision in healthcare, and data analytics, to improve various aspects of surgical care. This includes pre-operative planning, intra-operative decision-making, and post-operative monitoring and analysis.
 

Artificial Intelligence and Analytics in Surgery Market Trends

• Advancements in AI technology and its increasing integration into surgical procedures are key drivers propelling the growth of the market.
   
• AI is revolutionizing surgery by enabling more precise and personalized interventions, enhancing surgical outcomes, and reducing recovery times. Additionally, AI algorithms analyze vast amounts of medical data to assist surgeons in making informed decisions, improving diagnostic accuracy, and predicting patient outcomes.
   
• For instance, in January 2023, Activ Surgical completed its first artificial intelligence (AI)-enabled surgical case using its product, ActivSight Intelligent Light (ActiveSight). This product provides enhanced visualization and real-time, on-demand surgical insights in the operating room.
   
• Thus, as AI continues to evolve, its integration into surgical workflows is expected to drive significant growth in the AI and analytics in surgery market, transforming the future of healthcare.
   

Artificial Intelligence and Analytics in Surgery Market Analysis

Based on component, the market is segmented into software and service. The software segment dominated the market in 2023 and accounted for USD 115.6 million.
 

• The increasing adoption of AI-powered software solutions in surgical practices is attributed to their ability to improve precision, reduce human error, and enhance patient outcomes.
   
• Furthermore, the integration of AI with surgical robots and imaging systems has facilitated real-time data analytics, enabling surgeons to make more informed decisions during procedures.
   
• Additionally, the continuous investment in R&D by software developers to innovate and refine AI-driven surgical tools ensures the sustained growth and prominence of the software segment in this market.
   

Based on technology, the artificial intelligence and analytics in surgery market is segmented into machine learning, deep learning, natural language processing, and other technologies. The machine learning segment held a market share of 45.5% in 2023.

• Machine learning algorithms analyze vast amounts of data and enhance surgical outcomes by assisting in preoperative planning, intraoperative decision-making, and postoperative care.
   
• These algorithms can analyze complex data such as imaging scans, patient history, and real-time surgical data to provide surgeons with valuable insights and recommendations.
   
• As a result, the machine learning segment is experiencing rapid growth as healthcare providers increasingly adopt these technologies to improve surgical precision, efficiency, and patient outcomes.
   

Based on application, the artificial intelligence and analytics in surgery market is segmented into cardiovascular surgeries, neurosurgery, orthopaedic surgeries, gastroenterology, and other applications. The orthopaedic surgeries segment dominated the market in 2023 and is anticipated to grow at a CAGR of 26.1% between 2024 - 2032.
 

• The rising incidence of musculoskeletal disorders, coupled with the growing elderly population globally, has fueled the demand for orthopedic surgeries, thereby driving the adoption of AI and analytics solutions in this segment.
   
• Additionally, the continuous innovation in AI algorithms and machine learning models tailored for orthopedic surgeries is propelling market growth, making this segment a significant contributor to the overall market growth.
   

Based on end-use, the artificial intelligence and analytics in surgery market is segmented into hospitals, surgical specialty units, and ambulatory surgical centers. The hospitals segment dominated the market in 2023 and is anticipated to reach USD 853.2 million by 2032.
 

• Hospitals are early adopters of advanced medical technologies, seeking to improve patient outcomes and streamline surgical procedures.
   
• Additionally, the rising number of surgeries performed in hospitals globally, coupled with the increasing demand for minimally invasive procedures, further drives the adoption of these technologies.
   
• Thus, as hospitals continue to prioritize efficiency and patient safety, the market share of this segment is expected to remain prominent in the coming years.
   

North America artificial intelligence and analytics in surgery market was valued at USD 101.7 million in 2023 and is anticipated to reach USD 821.3 million by 2032.
 

• The region boasts a robust healthcare infrastructure, characterized by the widespread adoption of advanced technologies and a strong emphasis on research and development. This environment fosters innovation and facilitates integration of AI into surgical procedures.
   
• Additionally, the region's favorable regulatory landscape and substantial investment in healthcare further support market growth.
   

The U.S. artificial intelligence and analytics in surgery market is anticipated to grow at a CAGR of 26.1% between 2024 - 2032.
 

• The presence of leading AI technology companies and innovative startups in the U.S. fosters continuous development and integration of AI solutions in surgical procedures.
   
• The U.S. also benefits from a high level of expertise among healthcare professionals, who are increasingly leveraging AI to improve surgical outcomes, reduce errors, and optimize patient care. These elements collectively position the U.S. as a dominant player in the AI and analytics in surgery market.
   

Germany is anticipated to witness robust growth in the global artificial intelligence and analytics in surgery market.
 

• Germany has significant growth potential in the artificial intelligence (AI) and analytics in surgery market due to its robust healthcare infrastructure, advanced technological capabilities, and strong emphasis on research and development.
   
• Additionally, Germany's aging population and increasing prevalence of chronic diseases drive the demand for advanced surgical solutions that enhance precision and outcomes.
   
• Also, supportive government initiatives in digital health and AI integration further bolster the market's growth prospects,
   

China artificial intelligence and analytics in surgery market is anticipated to witness lucrative growth between 2024 – 2032.
 

• The country’s significant investments in AI technology and digital healthcare infrastructure are fostering rapid advancements in medical AI applications.
   
• Additionally, collaboration between Chinese tech giants and healthcare providers are accelerating the development and implementation of AI-driven surgical tools and platforms.
   
• Furthermore, China's robust manufacturing capabilities and growing expertise in AI research and development make it a critical player in the global market.
   

Artificial Intelligence and Analytics in Surgery Market Share

The competitive landscape in the artificial intelligence (AI) and analytics in surgery market is characterized by the presence of several players striving to leverage technological advancements to enhance surgical outcomes. Collaborations and partnerships between technology firms and healthcare providers are increasing, aimed at integrating AI and analytics into surgical practices more seamlessly. The market is also witnessing a surge in investments and acquisitions, as companies aim to expand their product portfolios and enhance their technological capabilities.
 

Artificial Intelligence and Analytics in Surgery Market Companies

Prominent players operating in the artificial intelligence and analytics in surgery industry include:

• Activ Surgical, Inc.
• Brainomix Ltd
• Caresyntax, Inc.
• ExplORer Surgical Corp.
• Holo Surgical Inc.
• LeanTaaS Inc.
• Medtronic Plc
• Proximie
• Theator Inc.
• Zimmer Biomet Holdings, Inc.
   

Artificial Intelligence and Analytics in Surgery Industry News:

• In December 2023, Caresyntax entered a strategic collaboration with The Applied AI Company (AAICO), a leading AI technology company, to distribute novel software and AI-based solutions in healthcare throughout the UAE, U.S., and Europe. This helped the company expand its distribution network.
   
• In May 2020, Activ Surgical, a digital surgery company introduced its ActivEdge platform. ActivEdge is an artificial intelligence (AI) and machine-learning (ML) platform designed to provide real-time intelligence and visualization to improve patient outcomes, avoid preventable surgical errors and complications, and provide significant overall savings to healthcare systems. This helped the company to expand its sales.
   

The artificial intelligence and analytics in surgery market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 - 2032 for the following segments:

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Market, By Component

• Software
• Service

Market, By Technology

• Machine learning
• Deep learning
• Natural language processing
• Other technologies

Market, By Application

• Cardiovascular surgeries
• Neurosurgery
• Orthopedic surgeries
• Gastroenterology
• Other applications

Market, By End-use

• Hospitals
• Surgical specialty units
• Ambulatory surgical centers

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa