Overview and Scope
Artificial intelligence (AI) in the operating room refers to the deployment of machine learning and artificial intelligence and the application of algorithms and technologies to optimize the efficiency and usage of resources in the operating room, pre-operative region, and post-anesthesia treatment unit. It is used to help operating room systems perceive complicated in-vivo settings, make decisions, and complete tasks with greater precision, safety, and efficiency.
Sizing and Forecast
The artificial intelligence (ai) in operating room market size has grown exponentially in recent years. It will grow from $0.57 billion in 2023 to $0.73 billion in 2024 at a compound annual growth rate (CAGR) of 26.9%. The growth in the historic period can be attributed to advancements in surgical robotics, improved imaging and diagnostic tools, rise in minimally invasive surgery, demand for precision and safety, early ai-assisted diagnostics.
The artificial intelligence (ai) in operating room market size is expected to see exponential growth in the next few years. It will grow to $1.98 billion in 2028 at a compound annual growth rate (CAGR) of 28.4%. The growth in the forecast period can be attributed to ai-powered surgical assistance, enhanced medical imaging analysis, robotics and automation, augmented reality (ar) and virtual reality (vr), ai-enabled predictive analytics. Major trends in the forecast period include customized surgical planning, real-time feedback loops, remote surgery and telepresence, human-machine collaboration, surgical education and training.
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Segmentation & Regional Insights
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
North America was the largest region in the artificial intelligence (AI) in operating room market in 2023. 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
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Major Driver Impacting Market Growth
The increasing number of fatal chronic diseases is expected to propel the growth of the artificial intelligence (AI) in operating room market going forward. Fatal chronic diseases refer to long-term illnesses or conditions that are ultimately life-threatening and are characterized by persisting symptoms, ongoing medical management, and a prognosis indicating a limited life expectancy. AI in the operating room is used in managing chronic diseases by assisting surgeons in performing precise and targeted surgeries for chronic diseases and helping to predict the progression of such diseases. A novel artificial intelligence (AI) program can interpret CT (Computed Tomography) scans of chronic fatal diseases such as cystic fibrosis (CF) patients in just a couple of seconds without the need for human intervention. For instance, in September 2022, according to the Cystic Fibrosis Foundation, a US-based non-profit organization, the number of cystic fibrosis cases in the United States increased to 32,100 in 2021 from 31,534 cases in 2020, with the majority of adult patients having an average age of 23. Therefore, an increase in fatal chronic diseases is driving the growth of the artificial intelligence (AI) in operating room market.
Key Industry Players
Major companies operating in the artificial intelligence (ai) in operating room market report are 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
The artificial intelligence (ai) in operating room market report table of contents includes:
1. Executive Summary
2. Artificial Intelligence (AI) in Operating Room Market Characteristics
3. Artificial Intelligence (AI) in Operating Room Market Trends And Strategies
4. Artificial Intelligence (AI) in Operating Room Market – Macro Economic Scenario
5. Global Artificial Intelligence (AI) in Operating Room Market Size and Growth
…
32. Global Artificial Intelligence (AI) in Operating Room Market Competitive Benchmarking
33. Global Artificial Intelligence (AI) in Operating Room Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence (AI) in Operating Room Market
35. Artificial Intelligence (AI) in Operating Room Market Future Outlook and Potential Analysis
36. Appendix
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