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26-Aug-2024

Artificial Intelligence (AI) and Analytics in Surgery Market Set to Reach USD 1.5 Billion by 2032

The Artificial Intelligence (AI) and analytics market in surgery is projected to grow at a CAGR of 26.5% from 2024 to 2032, driven by substantial investments from venture capitalists and healthcare organizations in AI-powered surgical technologies.

An increasing number of startups are entering the market with innovative AI solutions for various surgical applications. The rise in collaborations between technology companies, healthcare providers, and research institutions to develop advanced AI solutions is expected to boost market growth. For example, in March 2024, NVIDIA partnered with Johnson & Johnson MedTech to explore new AI capabilities within its connected digital surgical ecosystem.

Within the technology segment, deep learning is anticipated to experience significant growth between 2024 and 2032. Deep learning aids in analyzing endoscopic images to identify lesions, polyps, or other abnormalities, supporting real-time decision-making during minimally invasive surgeries. Additionally, these algorithms process medical images such as MRIs and CT scans to produce detailed anatomical maps and detect abnormalities with high precision, which enhances surgical planning.

In terms of application, the neurosurgery segment is expected to capture a substantial share of the AI and analytics in surgery market by 2032. AI-powered 3D modeling offers detailed visualizations of brain structures, assisting surgeons in planning complex procedures with greater accuracy. Consequently, hospitals and medical centers are increasingly adopting AI and analytics solutions to improve neurosurgical capabilities and patient care.

In Europe, the AI and analytics in surgery market is set to experience a significant CAGR through 2032, driven by substantial investments from healthcare organizations and technology firms in the region. AI-driven insights are leading to quicker recovery times by optimizing surgical techniques and postoperative care. The availability of cost-effective AI solutions is also enhancing access to advanced surgical technologies for healthcare providers throughout Europe.

Source: https://www.gminsights.com/industry-analysis/artificial-intelligence-and-analytics-in-surgery-market

Artificial Intelligence (AI) and Analytics in Surgery Market Set to Reach USD 1.5 Billion by 2032

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Last Updated: 27-Aug-2024