Digital Surgery Market Research, SWOT Analysis and Trends 2021

A new business intelligence report released by Absolute Markets Insights with title “Global Digital Surgery Market Size, Status and Forecast 2021–2030” is designed covering micro level of analysis by key business segments. The Global Digital Surgery Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing.

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Digital Surgery Market By Component (Hardware, Software And Services) By Type (Surgical Simulation Systems, Surgical Analytics, Surgical Visualization And Assistance, Surgical Planning And Forecasting, Others) By Technology (AI And Big Data, IoT And Robotic, Augmented Reality And Virtual Reality, Others) By Organization Size (Small And Medium Enterprises And Large Enterprises) By Disease Indication (Neurological, Cardiovascular, Orthopedics, Urology, Gynaecological, Ophthalmological, Others) By End User (Insurance Companies, Medical Device Vendors, Hospitals And Ambulatory Surgical Centers, Education And Research Institutes And Others); By Region (U.S., Canada, Mexico, Rest Of North America, France, UK, Germany, Spain, Italy, Nordic Countries, Benelux Union, Rest Of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia, Rest Of Asia Pacific, Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest Of MEA, Brazil, Argentina, Rest Of Latin America) — Global Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2020–2028

Global digital surgery market was valued at US$ 201.82 million in 2019 and is expected to reach US$ 4817.61 million by 2028, growing at a CAGR of 34.1% over the forecast period. The major players operating in the Digital Surgery Market include 3D Systems, Inc., 3dintegrated ApS, Augmedics, Brainlab, Caresyntax, Centerline Biomedical, Corindus, Inc., EchoPixel, Fundamental Surgery, Intuitive Surgical, Johnson & Johnson, Medical Device Business Services, Inc., Medtronic, Mimic Technologies, Inc, Osso VR, Stryker, Surgical Science, Touch Surgery, Verb Surgical Inc., VirtaMed AG, and other market participants.

More than 60 million surgical procedures, of which 20 million are invasive, are conducted every year in the United States. This means that more than 100 procedures are performed every minute. 5 billion people are reported to lack access to safe and timely surgery. 18.6 million people die each year because of a lack of access to surgical treatment. The global demand for digital surgery technology is currently undergoing a big shift in the Digital Surgery Market environment. Investment in healthcare infrastructure growth is growing and proof of effective and promising outcomes in treatment and diagnostic assistance is increasing. This contributes to future growth opportunities for the demand for digital surgery technologies.

In order to better promote outpatient surgery, minimally invasive procedures, and interactive and technical advances hospitals are replacing out-dated surgical spaces with new operating suites. It is forecasted that robotic surgical systems and imaging technology such as surgical navigation systems will become commonplace in the years to come.

By providing improved results and reducing invasiveness digital surgery has the ability to change the quality of treatment resulting in quicker recovery times and a lower overall cost of care. The future of digital surgery does not have a straight line and product development and M&A activities will be needed for success of these technologies. Improved results by the use of digital surgery and increased effectiveness of surgical procedures due to these systems will boost the demand for Digital Surgery Market over the forecast period.

In addition to these factors, there are important challenges and constraints that hinder the growth of the industry. These obstacles include the unwillingness of surgeons to implement new technology, such as AI, and health data due to privacy and security issues.

With practise, testing, and study tools, digital surgery products can be used to help a surgeon prepare for a procedure. Robotic surgery can be more accurate and easier to learn for healthcare professionals. Robotics have a great potential to become a hospital standard, with benefits of reduced invasiveness, long-term outcome efficiency, and shorter recovery times.

Rising ageing population has created a higher need for surgery. The primary factor behind increased surgical volume would be increased life expectancy, and there are not enough surgeons to satisfy the demand. Thus the adoption of digital surgery in operating rooms has risen.

Hospitals can no longer stick to a rigid design schedule for operating suites due to the rapid speed of technical advancement in surgery. Operating rooms must be properly sized and designed to handle a wide variety of current and future technology that can easily adapt to changes in care paradigms and service line strategies and are tailored to reflect the general and specialist needs of a hospital. Medical device companies need to radically shift their business models by widening their focus from physical capital medical devices to digital solutions surrounding those physical devices in order to remain competitive in the Digital Surgery Market.

During the pandemic hospitals equipment budgets have been squeezed, but they will continue to invest in digital surgery and robotics because the innovations provide value to patients. The pandemic has accelerated changes in the medical sector and the funding by government in this sector has improved. The adoption of digital surgery can aid in performing minimally invasive surgeries at ease and provides protection to the surgical teams. Thus adoption of these systems in pre as well as post covid will increase.

This global Digital Surgery market research analysis brings together a vast market place clearly into the focus. By understanding client’s requirements precisely and following them firmly, this Digital Surgery market research report has been structured. The report discusses the recent and future market trends and performs analysis of the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. The Digital Surgery report also has reviews about key players, major collaborations, merger & acquisitions along with trending innovation and business policies. The Digital Surgery report is generated by proper use of SWOT analysis and Porter’s Five Forces analysis methods.

Report opportunities in the Digital Surgery market:
1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Digital Surgery Market
2. Market Penetration: Comprehensive information on the product portfolios of the top players in the Digital Surgery market.
3. The key findings and recommendations highlight crucial progressive industry trends in the Digital Surgery Market, thereby allowing players to develop effective long term strategies
4. To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Digital Surgery market
5. The report offers market share appraisals for regional and global levels

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