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Artificial Intelligence (AI) and Analytics in Surgery Market Trends

Report ID: GMI10001
Published Date: Jun 2024
Report Format: PDF

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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.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Artificial intelligence and analytics in surgery industry size was valued at USD 187 million in 2023 and will grow at 26.5% CAGR between 2024 and 2032, driven by advancements in robotic technology and growing healthcare investments.

The orthopedic surgeries segment will record 26.1% CAGR from 2024 to 2032, primarily due to high complexity of orthopedic procedures and high adoption of technological advancements.

North America artificial intelligence and analytics in surgery industry will achieve USD 821.3 million by 2032, owing to the advanced healthcare infrastructure and substantial investments in medical technology across the region.

Prominent companies including Activ Surgical, Inc., Brainomix Ltd, Caresyntax, Inc., ExplORer Surgical Corp., Holo Surgical Inc., LeanTaaS Inc., Medtronic Plc, Proximie, Theator Inc., and Zimmer Biomet Holdings, Inc., are operating in the artificial intelligence and analytics in surgery industry.