Artificial Intelligence (AI) in Operating Room Market Size
What combination of drivers is leading to accelerated growth in the artificial intelligence (ai) in operating room market?
The rise in the number of severe, life-threatening chronic diseases is predicted to fuel the expansion of the artificial intelligence (AI) in the operating room market. These chronic diseases are typically defined by enduring symptoms, constant medical intervention, and a diagnosis suggesting a shortened lifespan. AI finds extensive use in the operating room for managing such diseases by aiding surgeons in executing precise, disease-targeted operations and anticipating disease evolution. An advanced AI utility can evaluate CT (Computed Tomography) scans of patients with serious chronic diseases like cystic fibrosis without needing human assistance, providing results in mere seconds. For instance, the Office for National Statistics reported in July 2023 that chronic lower respiratory diseases became the primary source of excess mortality in England. This category accounted for an additional 359 deaths, equating to a rise of 18% above the average. Thus, the escalating occurrence of terminal chronic diseases is spurring the development of the AI in the operating room market.
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What is the projected compound annual growth rate (CAGR) of the artificial intelligence (ai) in operating room market from 2025 to 2034, and what factors influence it?
The market size for artificial intelligence (AI) in operating rooms has experienced significant expansion in recent periods. Projected growth is expected to surge from $0.71 billion in 2024 to $0.9 billion in 2025, reflecting a compound annual growth rate (CAGR) of 26.5%. The substantial growth during the historical phase can be credited to progressions in surgical robotics, enhancement in imaging and diagnostic instruments, an increase in minimally invasive surgery, a demand for accuracy and safety, and advancements in early AI-assisted diagnostics.
In the forthcoming years, the market size for artificial intelligence (AI) in operating rooms is predicted to experience a significant expansion. By 2029, the market is projected to reach a value of $2.58 billion, with a compound annual growth rate (CAGR) of 30.0%. The anticipated growth during this forecast period is largely driven by factors such as AI-assisted surgery, improved analysis of medical imaging, robotics and automation, along with the incorporation of augmented reality (AR) and virtual reality (VR), and predictive analytics powered by AI. The forecast period is also expected to observe key trends such as personalized surgical planning, feedback loops in real-time, remote and telepresence surgeries, a collaboration between humans and machines, besides surgical education and training.
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How are the latest trends influencing the growth of the artificial intelligence (ai) in operating room market?
Product innovation is becoming a key trend in the artificial intelligence (AI) in the operating room market as prominent companies strive to create new products and solutions to maintain their market presence. For example, in May 2022, Zimmer Biomet Holdings Inc., a US-based medical device firm, introduced first-of-its-kind AI functionality for the Omni Suite – a smart operating room (OR) designed to render administrative tasks automated, reduce repetitive equipment, and cut down unnecessary technologies to enhance the surgical workflow and procedure effectiveness. This innovative AI feature uses cameras to recognize and timestamp critical events in the OR workflow like patient entry and departure, door tally, the start and end of anesthesia, surgery, and sanitation. The AI function of Omni Suite also adds to the AI capabilities of ZBEdge. ZBEdge consists of a blend of intelligent, digital, and robotic technologies that provide transformative clinical insights driven by data to elevate patient results.
What are the major segments of the artificial intelligence (ai) in operating room market and their role in driving growth?
The artificial intelligence (AI) in operating room market covered in this report is segmented –
1) By Offerings: Hardware, Software-As-A-Service (SaaS)
2) By Indication: Cardiology, Orthopedics, Urology, Gastroenterology, Neurology, Other Indications
3) By Technology: Machine Learning (ML), Deep Learning (DL), Natural Language Processing (NLP), Computer Vision
4) By Application: Training And Supporting, Diagnosis And Monitoring, Outcome And Risk Analysis, Surgical Planning And Rehabilitation, Integration And Connectivity, Other Applications
5) By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Standalone Or Specialized Facilities, Other End Users
Subsegments:
1) By Hardware: Surgical Robots, Imaging Systems, Monitoring Devices
2) By Software-As-A-Service (SaaS): Surgical Planning Software, AI-Powered Analytics Tools, Remote Monitoring And Support Software
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Which regions are key players in the growth of the artificial intelligence (ai) in operating room market?
North America was the largest region in the artificial intelligence (AI) in operating room market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) in operating room market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the artificial intelligence (ai) in operating room market?
Major companies operating in the artificial intelligence (AI) in operating room market include Medtronic Plc, Siemens Healthineers Ltd., Stryker Corporation, Zimmer Biomet Holdings Inc., Olympus Corporation, Intuitive Surgical Inc., Merative L.P., Vicarious Surgical Inc., Augmedics Ltd., NovaSignal Corp., Caresyntax Inc., Quibim S.L., Corindus Vascular Robotics Inc., Lunit Inc., Nano-X Imaging Ltd., Viz.ai Inc., Subtle Medical Inc., Caption Health Inc., Inovus Medical, Asensus Surgical Inc., Activ Surgical Inc., CureMetrix Inc., Orpheus Medical Ltd., MaxQ AI Ltd., Perimeter Medical Imaging AI Inc., RadLogics Inc., Riverain Technologies LLC, Therapixel SA, Proximie Limited, Gauss Surgical Inc.
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What Is Covered In The Artificial Intelligence (AI) in Operating Room Global Market Report?
• Market Size Forecast: Examine the artificial intelligence (ai) in operating room market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the artificial intelligence (ai) in operating room market for a structured understanding.
• Key Players Overview: Analyze major players in the artificial intelligence (ai) in operating room market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial intelligence (ai) in operating room market.
• Segment Contributions: Evaluate how different segments drive overall growth in the artificial intelligence (ai) in operating room market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial intelligence (ai) in operating room market.
• Industry Challenges: Identify potential risks and obstacles affecting the artificial intelligence (ai) in operating room market.
• Competitive Landscape: Review strategic developments in the artificial intelligence (ai) in operating room market, including expansions, agreements, and new product launches.
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