Market Research Report

Global Digital Surgery Technologies Market Research Report: Forecast (2021-2026)

By Technology (AI and Big Data, IoT and Robotics, Augmented Reality and Virtual Realty, Others), By Area of Surgery (General Surgery, Neurological, Cardiovascular, Orthopedics, Uro...logy, Gynecological, Ophthalmological, Others), By Product Type (Surgical Simulation, Surgical Navigation, Advanced Visualization Products, Surgical Data Science, Surgical Planning), By Organization Size (Small and Medium Enterprises, Large Enterprises), By End-User (Insurance Companies, Medical Device Vendors, Hospitals and Ambulatory Surgical Centers, Education and Research Institutes, Others), By Region (North America, South America, Europe, Asia-Pacific, Middle East and Africa), By Country (U.S, Canada, Brazil, Argentina, Mexico, Germany, France, The U.K, The Netherlands, Spain, Italy, China, India, Japan, Australia, Saudi Arabia, South Africa), By Competitors (3Dintegrated ApS, Augmedics Ltd., Brainlab AG, Caresyntax Inc, Centerline Biomedical, DASH Analytics, EchoPixel Inc., FundamentalVR, Medtronic plc, Mimic Technologies, Inc., Novadaq Technologies Inc., Osso VR Inc., Surgical Science Sweden AB, VirtaMed AG) Read more

  • Healthcare
  • Apr 2021
  • 203
  • HC22063

Market Overview

Digital surgery is the convergence of surgical technology, real-time data, and intelligence, i.e., the next frontier of surgery.

According to the MarkNtel Advisors' research report, "Global Digital Surgery Technologies Market Analysis, 2021," the market is likely to grow at a CAGR of around 22% during (2021-26). The use of digital technology for surgery helps in reducing patients' recovery time and provides better access to deep & angles space within the body. It brings unprecedented changes to the traditional surgery method.

Digital technology-based surgeries offer more personalized surgical care. Thus, the Digital Surgery Technology Market will grow significantly in the forthcoming period. Most market players and health systems are putting massive amounts to accelerate the digitization of surgery, thereby dramatically enhancing patient outcomes while reducing cost and inefficiencies.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR 22%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, UK, France, Italy, Spain, Others
Asia-Pacific: China, India, Japan, South Korea, Australia, Others
South America: Brazil, and Argentina
Middle East & Africa: Saudi Arabia, South Africa, Others
Key Companies Profiled 3Dintegrated ApS, Augmedics Ltd., Brainlab AG, Caresyntax Inc, Centerline Biomedical, DASH Analytics, EchoPixel Inc., FundamentalVR, Medtronic plc, Mimic Technologies, Inc., Novadaq Technologies Inc., Osso VR Inc., Surgical Science Sweden AB, VirtaMed AG
Unit Denominations USD Million/Billion

 

Impact of COVID-19

The lockdown imposed by the government in the wake of the COVID-19 pandemic has negatively affected the Global Digital Surgery Technologies market due to the cancellation and postponement of surgeries, which had to happen during this time.

Further, sales of surgical tools were affected, resulting in massive disruption of supply chains due to the imposition of lockdown. Many industry leaders witnessed a decline in their revenues due to the reduced volume of elective digital surgeries.


Global Digital Surgery Technologies Market Research Report: Forecast (2021-2026)

Market Segmentation 

Cardiovascular Accounted for the Largest Market Share

Based on the surgery area, the market segments into Neurological, Cardiovascular, Orthopedics, Urology, Gynecological, and Ophthalmological. Among these segments, Cardiovascular Disease acquired the largest share in the Global Digital Surgery Technologies Market in 2019. The demand for cardiovascular surgeries with the help of digitally assisted technologies offers high accuracy and precision. The use of digital technologies reduces the risk of harm to the interventionist. Thus, the segment contributes to the overall growth of the market, reveals MarkNtel Advisors in their research report, "Global Digital Surgery Technologies Market Analysis, 2021."

Hospital and Ambulatory Surgical Centers Dominates the Market

Within the End-User segment, the market bifurcated into Insurance Companies, Medical Device Vendors, Hospitals and Ambulatory Surgical Centers, and Education and Research Institutes. In 2019, Hospitals and Ambulatory Surgical Centers attained the highest share in the Global Digital Surgery Technologies Market due to the rising patient footfall in hospitals and higher adoption of surgeries based on digitally assisted technologies owing to significant trust associated with hospitals. Further, the surge in the number of digital surgeries in hospitals boosts the market growth globally.

Regional Landscape

North America held for the Largest Market Share

Geographically, North America dominated the largest share in the Global Digital Surgery Technologies Market in 2019. The dominance is due to the higher occurrence rate of chronic diseases among the people of North America. Additionally, the mounting adoption of advanced technologies and supportive reimbursement policies for digital surgical procedures propel the Digital Surgery Technologies market growth in the region.

Market Driver

Rising Prevalence of Chronic Diseases Boost the Market Growth

The surging prevalence of chronic diseases, including cardiovascular diseases, cancer, and orthopedic disorders, results in an increased number of patients undergoing surgical procedures globally. Further, the rising geriatric population bolsters the chance of chronic diseases, and the rapid adoption of a sedentary lifestyle by them are the primary factors driving the market growth.

Competitive Landscape

According to MarkNtel Advisors, the major leading players in the global Digital Surgery Technologies market are 3Dintegrated ApS, Augmedics Ltd., Brainlab AG, Caresyntax Inc, Centerline Biomedical, DASH Analytics, EchoPixel Inc., FundamentalVR, Medtronic plc, Mimic Technologies, Inc., Novadaq Technologies Inc., Osso VR Inc., Surgical Science Sweden AB, VirtaMed AG.

Key Questions Answered in the Market Research Report:

  1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Digital Surgery Technologies Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Digital Surgery Technologies Market? 
  4. Who are the key competitors, their key strengths and weaknesses, and how do they perform in the Global Digital Surgery Technologies Market based on a competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the Global Digital Surgery Technologies Market study?

Market Outlook, Segmentation and Statistics 

  • Impact of COVID-19 on Global Digital Surgery Technologies Market
  • Market Size & Analysis
    • By Revenue
  • Market Share & Analysis
    • By Technology
      • AI and Big Data
      • IoT and Robotics
      • Augmented Reality and Virtual Reality
      • Others
    • By Disease Indication
      • Neurological
      • Cardiovascular
      • Orthopedics
      • Urology
      • Gynecological
      • Ophthalmological
      • Others
    • By Organization Size
      • Small and Medium Enterprises
      • Large Enterprises
    • By End User
      • Insurance Companies
      • Medical Device Vendors
      • Hospitals and Ambulatory Surgical Centers
      • Education and Research Institutes
      • Others
    • By Region
      • North America
      • South America
      • Europe
      • Middle East & Africa
      • Asia-Pacific
    • By Competitors
      • Competition Characteristics
      • Market Share & Analysis
      • Competitive Matrix
  • Global Digital Surgery Technologies Market Hotspots & Opportunities
  • Global Digital Surgery Technologies Market Regulations & Policy
  • Key Strategic Imperatives for Success and Growth
  • Global Competition Outlook
    • Competition Matrix
    • Company Profile

Frequently Asked Questions

   A. The historical data has been provided since 2016, while the base year is 2020, and the data forecast is up to 2026.

   A. The market size/industry size or the market value is in terms of USD Million. 

   A. The Global Digital Surgery Technologies Market is forecast to grow at a CAGR of 22% during 2021-26.

   A. 3Dintegrated ApS, Augmedics Ltd., Brainlab AG, Caresyntax Inc, Centerline Biomedical, DASH Analytics, EchoPixel Inc., FundamentalVR, Medtronic plc, Mimic Technologies, Inc., Novadaq Technologies Inc., Osso VR Inc., Surgical Science Sweden AB, VirtaMed AG are a few of the leading players in the Global Digital Surgery Technologies Market.

   A. Cardiovascular Disease is likely to attain the highest CAGR during the forecast period and maintain its significant market share.

   A. North America continues to grow at the highest CAGR during 2021-26, presenting immense opportunities for market leaders of the Global Digital Surgery Technologies Market.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Global Digital Surgery Technologies Market
  5. Global Digital Surgery Technologies Market Trends & Insights
  6. Global Digital Surgery Technologies Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  7. Global Digital Surgery Technologies Market Hotspots & Opportunities
  8. Global Digital Surgery Technologies Market Value Chain Analysis
  9. Global Digital Surgery Technologies Market Regulations & Policy
  10. Global Digital Surgery Technologies Market Outlook, 2016- 2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Technology
        1. AI and Big Data
        2. IoT and Robotics
        3. Augmented Reality and Virtual Reality
        4. Others
      2. By Product Type
        1. Surgical Simulation
        2. Surgical Navigation
        3. Advanced Visualization Products
        4. Surgical Data Science
        5. Surgical Planning
      3. By Area of Surgery
        1. General Surgery
        2. Neurological
        3. Cardiovascular
        4. Orthopedics
        5. Urology
        6. Gynecological
        7. Ophthalmological
        8. Others
      4. By Organization Size
        1. Small and Medium Enterprises
        2. Large Enterprises
      5. By End User
        1. Insurance Companies
        2. Medical Device Vendors
        3. Hospitals and Ambulatory Surgical Centers
        4. Education and Research Institutes
        5. Others
      6. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      7. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Matrix
  11. North America Digital Surgery Technologies Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Technology
      2. By Disease Indication
      3. By Organization Size
      4. By End-User
      5. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    4. Canada Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    5. Mexico Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
  12. South America Digital Surgery Technologies Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Technology
      2. By Disease Indication
      3. By Organization Size
      4. By End-User
      5. By Country
        1. Brazil
        2. Argentina
        3. Others
    3. Brazil Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    4. Argentina Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
  13. Europe Digital Surgery Technologies Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Technology
      2. By Disease Indication
      3. By Organization Size
      4. By End-User
      5. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Others
    3. Germany Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    4. The UK Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    5. France Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    6. Italy Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    7. Spain Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
  14. Middle East & Africa Digital Surgery Technologies Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Technology
      2. By Disease Indication
      3. By Organization Size
      4. By End-User
      5. By Country
        1. Saudi Arabia
        2. South Africa
        3. Others
    3. Saudi Arabia Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    4. South Africa Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
  15. Asia Pacific Digital Surgery Technologies Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Technology
      2. By Disease Indication
      3. By Organization Size
      4. By End-User
      5. By Country
        1. India
        2. China
        3. Japan
        4. South Korea
        5. Australia
        6. Others
    3. India Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    4. Japan Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    5. Australia Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    6. China Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
    7. South Korea Digital Surgery Technologies Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenue
      2. Market Share & Analysis
        1. By Technology
        2. By Disease Indication
        3. By Organization Size
        4. By End-User
  16. Key Strategic Imperatives for Success and Growth
  17. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. 3Dintegrated ApS
      2. Augmedics Ltd.
      3. Brainlab AG
      4. Caresyntax Inc
      5. Centerline Biomedical
      6. DASH Analytics
      7. EchoPixel Inc.
      8. FundamentalVR
      9. Medtronic plc
      10. Mimic Technologies, Inc.
      11. Novadaq Technologies Inc.
      12. Osso VR Inc.
      13. Surgical Science Sweden AB
      14. VirtaMed AG
  18. Disclaimer


Global Digital Surgery Technologies Market Segmentation