Introduction to Europe Digital Surgery Technologies Market
The Europe digital surgery technologies market is projected to reach $3,769.2 million by 2033 from $215.7 million in 2023, growing at a CAGR of 33.12% during the forecast period 2023-2033. The increased interest in surgical innovation by technologists and start-ups, the increased precision offered by digital surgery techniques, and the possibility of better post-operative rehabilitation due to sophisticated pre-surgical planning are the main factors propelling the growth of the digital surgery technologies market in Europe.
Market Introduction
KEY MARKET STATISTICS
Forecast Period
2023 - 2033
2023 Evaluation
$215.7 Million
2033 Forecast
$3,769.2 Million
CAGR
33.12%
Advances in surgical innovation and the growing adoption of cutting-edge technologies in the healthcare industry are driving the robust growth of the European digital surgery technologies market. With Europe remaining at the forefront of medical technology and research, there is a growing trend toward the use of digital tools during surgery. With previously unheard-of levels of accuracy and precision, these technologies-which include robotically assisted surgery, AI-driven diagnostics, and sophisticated imaging systems-are completely changing the way surgeries are planned, performed, and monitored.
Europe's need for digital surgery technologies is being driven by an increasing emphasis on patient safety, increased surgical accuracy, and better post-operative rehabilitation. Using digital solutions can help surgeons become more proficient, lower their risk of complications, and improve patient outcomes. Furthermore, the area's robust regulatory framework and emphasis on quality care are accelerating the adoption of these advanced technologies in hospitals and surgical centers.
Market Segmentation
Segmentation 1: by Technology
Augmented Reality and Virtual Reality
AI Algorithms
Mixed Reality
Other Technologies
Segmentation 2: by Product
Surgical Navigation and Advanced Visualization
Surgical Simulation Systems
Surgical Planning
Surgical Data Science
Segmentation 3: by Country
U.K.
Germany
France
Italy
Spain
Rest-of-Europe
How can this report add value to an organization?
Product/Innovation Strategy: The Europe digital surgery technologies market has been extensively segmented based on various categories, such as technology and products. This can help readers get a clear overview of which segments account for the largest share and which ones are well-positioned to grow in the coming years.
Competitive Strategy: The Europe digital surgery technologies market has numerous established players with product portfolios. Key players in the Europe digital surgery technologies market analyzed and profiled in the study involve established players offering products for digital surgery.
Key Market Players and Competition Synopsis
The companies profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, type portfolio, and market penetration.
Some prominent names in the market include:
Brainlab AG
FundamentalVR
Medtronic plc
Surgical Science Sweden AB
VirtaMed AG
Table of Contents
Executive Summary
Scope and Definition
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
1.2.1 Patent Filing Trend (by Year, Country)
1.3 Database of the FDA-Approved AI/ML-Based Medical Devices and Algorithms, 2023
1.4 Regulatory Landscape
1.4.1 Regulatory Framework in Europe
1.4.1.1 Changes in Rule
1.4.1.2 New Rules in the Annexure VIII
1.4.1.3 Major Changes in the EU due to the Implementation of MDR
1.4.1.3.1 Expanded Device Definitions Requiring Re-Examination of the Current Classification of All Devices
1.4.1.3.2 Quality Management System
1.4.1.3.3 Technical File
1.4.1.3.4 Need to Comply with New Identification and Traceability (UDI) Requirements
1.4.1.3.5 More Emphasis on Post-Market Surveillance
1.4.1.3.6 Role of Internal Audits and Requirement of Audits to be Strengthened
1.4.1.3.7 Dedicated Personnel for MDR Compliance
1.4.2 Consortiums, Associations, and Regulatory Bodies
1.4.3 Restraints in the Current Regulatory Process for AI/ML-Based Medical Devices/Algorithms
1.5 Consumer Analysis
1.5.1 End-Result Analysis
1.6 Case Studies
1.6.1 Case Study: Training for Orthopedic Surgery
1.6.2 Case Study: Enhancing Surgical Performance and Teamwork through Video-Based Analytics
1.6.3 Case Study: Surgical Navigation, and Advanced Visualization Systems, Augmented Reality (AR)
1.6.4 Case Study: Enhancing Surgical Skill
1.7 Impact Analysis for Key Global Events - COVID-19
1.8 Market Dynamics: Overview
1.8.1 Market Drivers
1.8.1.1 Increasing Interest of Technologists and Start-Ups
1.8.1.2 Increased Adoption of AR/VR Surgical Simulators
1.8.1.3 Improved Precision and Promising Post-Operative Rehabilitation through Pre-Surgical Planning
1.8.2 Market Opportunities
1.8.2.1 Ensuring Data Security and Privacy in Digital Surgery
1.8.2.2 Growing Use of Digital Surgery Technologies Potentially Offsetting the Initial Investment over Time in Hospitals
1.8.3 Market Challenges
1.8.3.1 Substantial Expenses Associated with Installation and Maintenance
1.8.3.2 Requirement of Additional Surgical Training for Use of Digital Surgery Products
2 Regions
2.1 Regional Summary
2.2 Europe
2.2.1 Regional Overview
2.2.2 Key Market Participants in Europe
2.2.3 Driving Factors for Market Growth
2.2.4 Factors Challenging the Market
2.2.5 Application
2.2.6 Product
2.2.7 France
2.2.8 Germany
2.2.9 U.K.
2.2.10 Spain
2.2.11 Italy
2.2.12 Rest-of-Europe
3 Markets -Competitive Benchmarking & Company Profiles