Connect with us

Technology

Digital Surgery Technologies Market Report 2024 – Improved Precision and Promising Post-Operative Rehabilitation through Pre-Surgical Planning

Published

on

DUBLIN, March 6, 2024 /PRNewswire/ — The “Digital Surgery Technologies Market – A Global and Regional Analysis: Focus on Technology, Product, and Country – Analysis and Forecast, 2023-2033” report has been added to ResearchAndMarkets.com’s offering.

The global digital surgery technologies market is projected to reach $12.99 Billion by 2033 from $783.2 million in 2023, growing at a CAGR of 32.43% during the forecast period 2023-2033. The key factors driving the growth of the global digital surgery technologies market include the increasing interest of technologists and start-ups in surgery-related innovation, improved precision offered by digital surgery techniques, and promising post-operative rehabilitation through pre-surgical planning.

The global digital surgery technologies market consists of products such as surgical navigation and advanced visualization, surgical simulation systems, surgical planning, and surgical data science, as well as technology that includes augmented reality and virtual reality, AI algorithms, mixed reality, and other technologies.

The digital surgery technologies market has made an impact in the following ways:

Integration of Augmented Reality (AR) and Virtual Reality (VR) in Surgical Procedures: The integration of AR and VR in surgical procedures has the potential to enhance patient safety, improve surgical outcomes, and advance the field of medicine through innovation and education. However, challenges such as technological limitations, regulatory issues, and the need for further validation through clinical studies must be addressed to fully realize the benefits of these technologies in clinical practice.Increasing Investment and Funding for Digital Surgery Technologies: Digital surgery technologies, owing to their transformative potential to enhance precision, optimize workflows, and improve patient outcomes, are rapidly changing the landscape of healthcare. However, unlocking their full potential would require a significant influx of investment and funding. Investing in digital surgery technologies is not just about financial gains; it’s an investment in the future of healthcare. By creating a supportive environment for innovation and attracting substantial funding, companies are unlocking the potential of these technologies to transform surgery, improve lives, and pave the way for a healthier future.

Market Segmentation:

Based on application, the digital surgery technologies market has been led by augmented reality and virtual reality, which held a 48.40% share in 2022.Based on product, the digital surgery technologies market has been led by surgical navigation and advanced visualization, which held a 48.08% share in 2022.Japan dominated the Asia-Pacific digital surgery technologies market in 2022. The increasing business expansion by the players in the market is one of the growing factors in this region. For instance, in December 2023, Miyazaki University in Japan utilized EchoPixel’s technology. The Japanese government recognizes the potential of digital surgery technologies and is actively promoting their development and manufacturing.

Demand – Drivers, Challenges, and Opportunities

Market Demand Drivers:

Increasing Interest of Technologists and Start-Ups: Recent advancements in technology, encompassing both software and hardware, have prompted active involvement from companies, investors, surgeons, and healthcare systems to expedite the digitization of surgical procedures. The goal is to enhance surgery outcomes across a spectrum of complexities and deliver personalized surgical care. As value-based care models gain traction in global health systems, both public and private entities have captured stakeholders’ interest through heightened investment in digital surgery.

This increased funding is laying the groundwork for revolutionizing surgical practices, promising heightened efficiency and precision in the execution of procedures. For instance, in January 2022, Johnson & Johnson partnered with Microsoft to advance digital surgery solutions. Similarly, in January 2024, Caresyntax announced the launch of a novel Real-World Evidence (RWE) program and software portfolio of digital catalysts aimed at facilitating the commercial acceleration of its medtech partners.

Increased Adoption of AR/VR Surgical Simulators: The augmented adoption of virtual reality and augmented reality surgical simulation represents a transformative shift in surgical education and training, offering numerous benefits such as enhanced immersion, precise skill development, safe learning environments, personalized training, collaborative learning experiences, continuous education and assessment, and opportunities for research and innovation. As these technologies continue to evolve, they are poised to play an increasingly integral role in shaping the future of surgical practice and education.

Improved Precision and Promising Post-Operative Rehabilitation through Pre-Surgical Planning: Personalized pre-surgical planning using 3D-printed patient models and AI simulations enables surgeons to perform highly precise procedures, leading to faster healing, reduced complications, and a more effective post-operative rehabilitation experience for patients.

By investing in thorough pre-surgical planning, surgeons can achieve pinpoint accuracy during surgery, resulting in shorter hospital stays, less pain for patients, and a smoother path to recovery through targeted rehabilitation programs.

Market Challenges:

Substantial Expenses Associated with Installation and Maintenance: The substantial expenses associated with the installation and maintenance of digital surgery technology products underscore the importance of careful financial planning and resource allocation by healthcare organizations. Despite the initial investment and ongoing costs, the benefits of digital surgery technology in terms of improved patient outcomes, enhanced surgical precision, and operational efficiency justify the expenditure for many healthcare providers.Requirement of Additional Surgical Training for the Use of Digital Surgery Products: The requirement for additional surgical training for the use of digital surgery products presents challenges related to the complexity of new technology, the steep learning curve, limited training resources, integration into surgical workflow, costs of training and implementation, patient safety considerations, and credentialing requirements. Overcoming these challenges requires a coordinated effort from healthcare institutions, manufacturers, professional organizations, and individual surgeons to ensure that adequate training and support are provided to facilitate the safe and effective use of digital surgery products in clinical practice.

Market Opportunities:

Ensuring Data Security and Privacy in Digital Surgery: Healthcare organizations can ensure data security and privacy in digital surgery, thereby safeguarding patient information and maintaining trust in healthcare systems. The revolution in digital surgery brings immense benefits, but with it comes a critical responsibility, i.e., safeguarding patient data security and privacy. As sensitive information flows through complex systems, robust measures are essential to build trust and ensure ethical implementation.Growing Use of Digital Surgery Technologies Potentially Offsetting the Initial Investment over Time in Hospitals: The growing use of digital surgery technologies in hospitals has the potential to offset the initial investment over time by reducing operating costs, minimizing complications and revisions, enhancing patient outcomes, optimizing resource utilization, providing a competitive advantage, and delivering long-term ROI. As these technologies continue to evolve and become more widespread, their value proposition for hospitals in terms of cost savings and operational efficiencies is expected to further increase.

Some prominent names in the global digital surgery technologies market include:

Activ SurgicalAugmedicsBrainlabCaresyntaxCenterline BiomedicalEchoPixel, Inc.FundamentalVRMedical RealitiesMedtronicOsso VRPrecisionOSStryker CorporationSurgical Science SwedenVirtaMed

Key Topics Covered:

1 Markets
1.1 Trends: Current and Future Impact Assessment
1.1.1 Integration of Augmented Reality (AR) and Virtual Reality (VR) in Surgical Procedures
1.1.2 Increasing Investment and Funding for Digital Surgery Technologies
1.1.3 Increasing Partnerships among Players
1.2 R&D Review
1.3 Database of the FDA-Approved AI/ML-Based Medical Devices and Algorithms, 2023
1.4 Regulatory Landscape
1.4.1 Regulatory Framework for Artificial Intelligence-Based FDA-Approved Medical Devices and Algorithms
1.4.1.1 Restraints in the Current Regulatory Process for AI/ML-Based Medical Device/Algorithm
1.4.3.1 Changes in Rule
1.4.3.2 New Rules in the Annexure VIII
1.4.3.3 Major Changes in the EU due to the Implementation of MDR
1.4.3.3.1 Expanded Device Definitions Requiring Re-Examination of the Current Classification of All Devices
1.4.3.3.2 Quality Management System
1.4.3.3.3 Technical File
1.4.3.3.4 Need to Comply with New Identification and Traceability (UDI) Requirements
1.4.3.3.5 More Emphasis on Post-Market Surveillance
1.4.3.3.6 Role of Internal Audits and Requirement of Audits to be Strengthened
1.4.3.3.7 Dedicated Personnel for MDR Compliance
1.4.4 Regulatory Framework
1.5 Consumer Analysis
1.6 Case Studies

Training for Orthopedic SurgeryEnhancing Surgical Performance and Teamwork through Video-Based AnalyticsSurgical Navigation, and Advanced Visualization Systems, Augmented Reality (AR)Enhancing Surgical Skill

1.7 Impact Analysis for Key Global Events – COVID-19
1.8 Market Dynamics: Overview

2 Global Digital Surgery Technologies Market (by Application)

3 Global Digital Surgery Technologies Market (by Product)

4 Regions

5 Markets -Competitive Benchmarking & Company Profiles
5.1 Next Frontiers
5.2 Geographic Assessment
5.3 Market Share Analysis
5.4 Product Benchmarking
5.5 Company Profile

For more information about this report visit https://www.researchandmarkets.com/r/m28e82

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com 

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/digital-surgery-technologies-market-report-2024—improved-precision-and-promising-post-operative-rehabilitation-through-pre-surgical-planning-302081328.html

SOURCE Research and Markets

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Huawei Cloud in France: Building an AI-Native Cloud to Amplify Intelligence on the Tech Stage

Published

on

By

PARIS, Nov. 14, 2024 /PRNewswire/ — HUAWEI CONNECT 2024 PARIS commenced today, featuring the first Huawei Cloud Summit France. Huawei Cloud is building an AI-native cloud through systematic innovation and service reshaping. Moving forward, Huawei Cloud will continue to drive innovation in both the “AI for Cloud” and “Cloud for AI” directions, accelerating the intelligent transformation across industries in France.

Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, delivered a welcome speech in her digital presence built using Huawei Cloud MetaStudio. She stated, “Innovation is the heart of our success, our competitiveness, and our growth. That’s why we invest heavily in R&D to bring you the most secure and reliable cloud services possible, including cloud native, AI, and big data. In Europe, Huawei Cloud has collaborated with over 500 local partners to deliver a wide range of industry-specific solutions and proven expertise, enabling European businesses to expedite their cloud adoption, leverage global resources, and achieve leapfrog growth.”

In his keynote speech, William Dong, President of Huawei Cloud Marketing, highlighted the importance of AI in building economic moats. To this end, Huawei Cloud launches Pangu models to enable intelligent upgrades across industries, with over 400 use cases in 30 industries now benefiting from Huawei Cloud’s AI-native cloud infrastructure that extends cutting-edge technologies and premium experiences to European customers. On the tech stage, Huawei Cloud is set to amplify intelligence.

Huawei Cloud’s AI-native strategy has been a cornerstone of the company’s innovation. This strategy is twofold: AI for Cloud and Cloud for AI, marking significant advancements in Huawei Cloud’s capabilities. “AI for Cloud” means integrating Pangu models with cloud services for product R&D, data governance, security, and O&M to make them more intelligent and efficient.

With full-stack systemic innovations, “Cloud for AI” covers data centers, cloud platform architectures, and infrastructure services, enabling efficient and high-performance data preparation, training, inference, and application of foundation models. The distributed cloud database GaussDB features high performance, high intelligence, and easy migration. Huawei Cloud Stack 8.5 provides more than 120 locally deployed cloud services and 50 industry-specific solutions, building the optimal hybrid cloud for intelligent transformation.

At this summit, Huawei Cloud officially released the Flexus cloud services for small- and medium-sized enterprises (SMEs) in France. Flexus feature flexible specifications, AI-driven high speed, 6x burst speed, compute hot upgrade, and ultimate experience.

Presently, Huawei Cloud has more than 500 customers, partners, and developers in France. Song Wanying, President of Huawei Cloud France, shared insights on fostering business growth through cloud innovation and introduced new media & entertainment, e-commerce, and retail solutions for the French market, furthering intelligent initiatives.

Huawei Cloud has upgraded media services in a 3E approach: efficiency, experience, and evolution. For instance, AIGC for virtual humans can significantly reduce the time required for short video production from days to mere minutes. In terms of experience, Huawei Cloud leverages its self-developed RTP protocol to minimize latency to 500 ms and reduce frame freezing to 10%. For business model evolution, Huawei Cloud offers virtual human technology to facilitate efficient video production, leading to new business opportunities and growth.

In retail and e-commerce, Huawei Cloud has developed the B.R.A.N.D. model to assist retailers in driving innovation and growth. Through professional services, deterministic operations, security, reliability, and 16 sub-scenario solutions, B.R.A.N.D. enables retailers to build agile, efficient, and secure business systems.

In terms of ecosystem expansion, Huawei Cloud has partnered with Station F, the world’s largest startup incubator, to launch a sustainability-themed incubation program. This program aims to provide comprehensive support for startups, including cloud resources, investment opportunities, and dedicated office spaces. Additionally, Huawei Cloud and 20 ecosystem partners have unveiled the Industry Partner Innovation Program at the summit.

This two-day event features a packed agenda, including the partner forum and the Cloud Native Elite Club (CNEC) roundtable. At this year’s HUAWEI CONNECT Europe, CNEC returned to Europe and invited its first members to join this technical community built for European technology pioneers.

Photo – https://mma.prnewswire.com/media/2558479/image_1.jpg

Photo – https://mma.prnewswire.com/media/2558480/image_2.jpg

Photo – https://mma.prnewswire.com/media/2558481/image_3.jpg

View original content:https://www.prnewswire.co.uk/news-releases/huawei-cloud-in-france-building-an-ai-native-cloud-to-amplify-intelligence-on-the-tech-stage-302306351.html

Continue Reading

Technology

ALBERT GAHFI, NEWCO CAPITAL GROUP CEO, NOMINATED FOR THE U.S. FINTECH AWARDS’ INNOVATOR OF THE YEAR

Published

on

By

NEW YORK, Nov. 14, 2024 /PRNewswire/ — NewCo Capital Group is proud to announce that Albert Gahfi, CEO of NewCo Capital Group and Co-Founder and Director of Bizcap, has been nominated for the prestigious Innovator of the Year Award by the U.S. FinTech Awards. This recognition highlights Albert’s groundbreaking contributions to the FinTech sector and his dedication to founding companies that empower small businesses with forward-thinking capital solutions.

We are focused on what’s next—continuing to build the tools and services that will drive the future of FinTech

As a proven enterprise-building founder and CEO, Albert co-founded Kings Cash Group and oversaw its merger with a large FinTech consortium that included an SEC-registered fund. As the Co-Founder and CEO of NewCo Capital Group, Capytal.com, and NewCo Canada, as well as the co-founder of Melbourne-based BizCap, Albert’s global expansion strategy has led to the opening of offices in New Zealand, the United Kingdom, and a recently announced strategic initiative in Asia via Singapore.

The nomination for Innovator of the Year underscores NewCo’s commitment to reshaping how small-to-medium businesses and enterprise companies access financing. Since its founding, NewCo has remained at the forefront of Specialty Finance within the FinTech sector, continually creating custom capital solutions that leverage advanced technology, nuanced underwriting, and a deep understanding of client needs.

Bruce Gurvitsch, Chief Revenue Officer for NewCo Capital Group and Capytal.com, commended the nomination, stating, “Albert’s nomination for Innovator of the Year reflects his unwavering pursuit of excellence—a drive that defines our mission at NewCo. We’re committed to pushing the boundaries of what’s possible in FinTech, ensuring that SMBs have access to the capital they need for growth, job creation, and long-term success.”

NewCo and its affiliate companies have transformed traditional financing models, making it easier, faster, and more efficient for businesses to secure funding. With over $1.8 billion deployed across 40,000+ businesses globally, NewCo continues to lead the charge in specialized financing and working capital.

Reflecting on the nomination, Gahfi remarked, ‘This recognition from the U.S. FinTech Awards validates our efforts and inspires us to continue delivering the most innovative solutions to the market.’ He emphasized NewCo’s long-term vision, adding, ‘We are focused on what’s next—continuing to build the tools and services that will drive the future of FinTech. Our mission has always been to empower small businesses globally.’

For more information about NewCo Capital Group, visit www.NewCoCapitalGroup.com or email Info@NewCoCapitalGroup.com.

About NewCo Capital Group & Capytal.com

Founded in 2020, NewCo Capital Group and its affiliate companies empower SMBs globally with fast, accessible financing and funding. The companies have successfully deployed $1.8 billion to over 40,000 SMBs while maintaining a 4.9/5 Trustpilot rating.

View original content to download multimedia:https://www.prnewswire.com/news-releases/albert-gahfi-newco-capital-group-ceo-nominated-for-the-us-fintech-awards-innovator-of-the-year-302306356.html

SOURCE NewCo Capital Group

Continue Reading

Technology

Enrollsy Unveils Brand Refresh and New Website to Enhance Enrollment Experience for Schools, Camps, Nonprofits, and More

Published

on

By

LEHI, Utah, Nov. 14, 2024 /PRNewswire/ — Enrollsy, the platform dedicated to making enrollment simple and accessible for organizations of all sizes, is thrilled to announce its brand refresh and launch of a new website at www.enrollsy.com. With a renewed focus on simplifying enrollment processes and delivering unparalleled support, Enrollsy’s brand refresh reinforces its commitment to empowering non-technical professionals with a seamless, user-friendly experience.

Enrollsy is online enrollment software made easy.

The name “Enrollsy” reflects the platform’s mission: combining “enroll” and “easy” to describe a solution that effortlessly manages the enrollment process—from sign-up to payments and communications—without requiring technical expertise or IT support. Enrollsy’s customizable platform is designed to solve enrollment challenges and make life easier for administrators everywhere.

Empowering Purpose, Mission, Vision, and Values

Driven by a purpose to create an exceptional experience from the first interaction to ongoing support, Enrollsy ensures every aspect of its service is tailored to customer needs. Enrollsy’s mission—to provide an amazing enrollment experience to 10 million people in a single year—drives the platform to innovate, simplify, and perfect enrollment solutions for organizations managing data, payments, and communications.

Enrollsy envisions a world where education, enrichment, and connection drive better outcomes, helping organizations fulfill their missions. As a trusted partner, Enrollsy shares its values with customers by prioritizing consistency, honoring commitments, and maintaining clear, actionable communication.

Unmatched Customer Experiences

Enrollsy’s brand refresh also highlights its commitment to delivering value through real-life customer success stories. Elizabeth Fizer, owner of Fizer Fine Art, shares, “Enrollsy transformed our registration process from an absolute nightmare to easily manageable. Their unmatched customer service and ability to tailor the software to meet our specific needs allowed us to offer flexible schedules and simplified invoicing—enabling me to focus on my family during a busy registration period. Parents found it easy and intuitive, which only enhanced our customer experience.”

Similarly, Matthew Vinson from Common Ground on the Hill, a nonprofit, noted, “Enrollsy exceeded our expectations by listening to our unique needs and creating a system that integrates with our existing applications seamlessly. They understood our operations and provided features we needed, making the registration process efficient and stress-free.”

Visit the New Enrollsy Website

Enrollsy’s reimagined website offers a refreshed look at how the platform simplifies enrollment, billing, and communication for education, enrichment, and nonprofit organizations across the U.S., Australia, and Canada. Visitors are invited to explore www.enrollsy.com to discover how Enrollsy’s solutions are transforming the enrollment experience and simplifying administrative processes.

About Enrollsy Enrollsy provides a complete, easy-to-use solution for managing enrollments, payments, and participant communications. Designed for non-technical professionals, Enrollsy’s mission is to simplify enrollment for organizations while delivering unmatched support and flexibility. Visit www.enrollsy.com to learn more about how Enrollsy is shaping the future of enrollment.

View original content to download multimedia:https://www.prnewswire.com/news-releases/enrollsy-unveils-brand-refresh-and-new-website-to-enhance-enrollment-experience-for-schools-camps-nonprofits-and-more-302306358.html

SOURCE Enrollsy, Inc.

Continue Reading

Trending