Digital Surgery Technologies Market By Product Type (Surgical Simulation, Surgical Navigation, Surgical Planning), By Technology (AI Algorithms, Mixed Reality (MR), Other Technologies), By Application (Hospitals & Ambulatory Surgical Centers, Education & Research Institutes) By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Digital Surgery Technologies Market Overview

The merging of surgical technology, real-time data, and intelligence is defined as digital surgery, the next frontier of modern surgery. The digital paradigm in surgery is bringing significant changes to this century-old industry, following previous waves of disruption that witnessed the transition from open to laparoscopic surgery and from laparoscopic surgery to robotic surgery. Thus far, advancements in surgical equipment have allowed for technically improved operations such as smaller incisions, resulting in faster patient recovery, better access to deep and angled regions within the body, more proper motions, and 3D imaging.

The potential of linked data and advances in Artificial Intelligence (AI) is starting to substantially impact how surgeries are done, lowering well-documented variability in surgical processes and outcomes.
Companies, investors, surgeons, and health systems are racing to accelerate the digitization of surgery to improve patient outcomes while lowering costs and inefficiencies, increasing patient access, reducing inequities between populations, improving quality, and providing more personalized surgical care. With increasing funding pressures across global health systems and the implementation of value-based care in specific markets, players from both public and private sectors see digital surgery as the next pinnacle in surgery.

Detailed Segmentation

Based on Product Type:

• Surgical Simulation
• Surgical Navigation
• Advanced Visualization Products
• Surgical Data Science
• Surgical Planning

Based on Technology:

• AI Algorithms
• Augmented Reality (AR)/ Virtual Reality (VR)
• Mixed Reality (MR)
• Other Technologies

Based on End-User:

• Hospitals & Ambulatory Surgical Centers
• Education & Research Institutes

Based on Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Market Dynamics

Drivers for the Global Digital Surgery Technologies Market:

The increasing costs associated with the healthcare industry are a significant factor propelling this industry forward. Robotic surgical systems and imaging technology, such as surgical navigation systems, are expected to be in high demand in the years to come. New operating suites are being installed in hospitals to replace outdated surgical facilities. Furthermore, with Microsoft and Google advancing in the healthcare industry, the global digital surgery technology market is expected to surge rapidly.

Restraints Global Digital Surgery Technologies Market:

The risks and high costs associated with digital surgical technologies may hinder market expansion opportunities for this industry over the forecast period.

Opportunities for the Global Digital Surgery Technologies Market:

Artificial intelligence advancements are expected to provide various opportunities for market players to generate substantial revenues during the analysis period. Furthermore, to develop novel digital surgery products and maintain a solid financial position in this market, most manufacturers implement collaborations and partnerships with other companies, hospitals, medical schools, ambulatory surgical centers, and surgeons as crucial strategies.

Trends for the Global Digital Surgery Technologies Market:

Increased precision of digital surgical technologies is a factor that is anticipated to fuel the global digital surgery technologies market over the forecast period. A robot surgeon in the United Arab Emirates successfully removed a 5kg tumor from a woman’s ovaries. Such positive outcomes are expected to boost market growth prospects.

Competitive Landscape

• Augmedics
• Brainlab AG
• Caresyntax
• EchoPixel
• FundamentalVR
• Medtronic
• Mimic Technologies Inc.
• Osso VR Inc.
• VirtaMed AG
• 3D Systems Inc.

Recent Developments of Major Players

In 2020, a Miniaturized in vivo Robotic Assistant (MIRA) platform was introduced by Virtual Incision. The equipment can efficiently perform minimally invasive abdominal surgeries, such as colon resections, etc.,

For the Digital Surgery Technologies Market research study, the following years have been considered to estimate the market size: