Latest Intuitive Surgical News
Feb 23, 2024
496.26 Billion By 2033 | CAGR of 49.3% The Global Metaverse in Healthcare Market Size was Valued at USD 8.97 Billion in 2023 and the Worldwide Metaverse in Healthcare Market Size is Expected to Reach USD 496.26 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies Covered: Intuitive Surgical Inc., 3D Systems Corp., Meta Platforms, Inc., Microsoft, Google LLC, 8chilli, Inc., AccuVein, Surgical Inc., ImmersiveTouch Inc., Brainlab, Intuitive Surgical Inc, GE Healthcare, NVIDIA Corporation, and Others Key Vendors February 23, 2024 05:00 ET SPHERICAL INSIGHTS LLP New York, United States , Feb. 23, 2024 (GLOBE NEWSWIRE) -- The Global Metaverse in Healthcare Market Size is to Grow from USD 8.97 Billion in 2023 to USD 496.26 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 49.3% during the projected period. Get a Sample PDF Brochure: https://www.sphericalinsights.com/request-sample/3597 A shared virtual world that combines aspects of the internet, virtual reality, and augmented reality is referred to as the "metaverse". Through this virtual environment, people can communicate in real time with other users as well as computer-generated environments. The integration of the metaverse into the healthcare industry has the potential to totally revolutionize several aspects of patient involvement, training, and healthcare delivery. Furthermore, robotics—also known as robot-assisted operations—was used to perform intricate surgeries with accuracy and flexibility. In the metaverse, telemedicine and remote consultation are improved and play vital roles in giving patients and healthcare professionals more engaging and cooperative experiences. More lifelike virtual consultations, exams, and appointments made possible by virtual reality (VR) and augmented reality (AR) technology will accelerate the spread of the metaverse in the healthcare industry. The use of telemedicine for remote consultations with patients and monitoring of patients for at-home care recipients has increased since the pandemic induced social distancing norms. Healthcare technologies have expanded into the metaverse to provide easy access and efficient healthcare delivery; yet, the severe security risks associated with this enlarged metaverse hinder the growth of the industry. Hackers frequently target the healthcare sector in an effort to interfere with data and earn profit off of it. Furthermore, as the number of patients increases, so does the volume of patient data. Research and development in the healthcare industry requires additional funding, and the use of next-generation technologies in the metaverse can improve its application. Browse key industry insights spread across 200 pages with 110 market data tables and figures & charts from the report on the " Global Metaverse in Healthcare Market Size, Share, and COVID-19 Impact Analysis, By Device (VR Headsets, AR Devices, Mixed-reality Platforms), By Component (Software, Hardware), By End-user (Medical Training & Education Modules, Surgical Training, Diagnosis, Treatment, Designing ORs, Remote Monitoring, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033)." Buy Now Full Report: https://www.sphericalinsights.com/checkout/3597 The AR devices segment is anticipated to hold the greatest share of the global metaverse in healthcare market during the projected timeframe. Based on the devices, the global metaverse in healthcare market is divided into VR headsets, AR devices, and mixed-reality platforms. Among these, the AR devices segment is anticipated to hold the greatest share of the global metaverse in healthcare market during the projected timeframe. AR devices offer a thrilling and fascinating experience in healthcare and educational courses. Augmented reality (AR) devices facilitate the visualization of complex anatomical characteristics, method practice, and skill development in virtual settings for medical professionals and students. AR devices can be used by surgeons to plan, navigate, and receive real-time information during surgical procedures. Surgeons can enhance patient outcomes and reduce errors through using this technology. The hardware segment is anticipated to grow at fastest pace in the global metaverse in healthcare market during the projected timeframe. Based on the component, the global metaverse in healthcare market is divided into software and hardware. Among these, the hardware segment is anticipated to grow at the fastest pace in the global metaverse in healthcare market during the projected timeframe.During the anticipated period, the sector's growth is expected to be propelled by the increasing focus on research and development within the medical Internet of Things domain. Instances of hardware-based medical Internet of Things encompass connected contact lenses, hearing aids, linked inhalers, remote patient monitoring systems, and patient vital sign monitors. The medical training & education modules segment is predicted to grow at highest pace in the metaverse in healthcare market during the estimated period. Based on the distribution channel, the global metaverse in healthcare market is divided into medical training & education modules, surgical training, diagnosis, treatment, designing ORs, remote monitoring, and others. Among these, the medical training & education modules segment is predicted to grow at the highest pace in the metaverse in healthcare market during the estimated period. The segment focused on medical training and educational modules is anticipated to experience the most significant growth within the healthcare metaverse market throughout the projected period. Augmented reality's integration into medical education has introduced an innovative method for enhancing the surgical and diagnostic proficiency of healthcare practitioners. Inquire Before Buying This Research Report: https://www.sphericalinsights.com/inquiry-before-buying/3597 North America is expected to hold the largest share of the global metaverse in healthcare market over the forecast period. North America is expected to hold the largest share of the global metaverse in healthcare market over the forecast period. The North American metaverse sector's growth is expected to receive a significant boost from increased healthcare expenditure aimed at enhancing medical infrastructure. Moreover, factors such as the escalating incidence of chronic ailments across the region, extensive adoption of AR and VR technologies in medical settings for surgical interventions, robust concentration of metaverse-focused enterprises, increased investment in pioneering AR solutions, and continuous advancements in software and hardware are poised to drive market revenue in the forecast period. Asia Pacific is predicted to grow at the fastest pace in the global metaverse in healthcare market during the projected timeframe. The expansion in this geographical area is fueled by advancements in technology within the healthcare sector. The surge is propelled by collaborative endeavors between healthcare entities and metaverse technology firms, alongside substantial investments directed towards integrating this technology into medical apparatus. Authorities in the Asia-Pacific region are closely monitoring the impact of the metaverse on healthcare, and are formulating regulations and protocols to safeguard patient confidentiality, uphold medical ethics, and ensure the integrity of online healthcare services. Competitive Analysis: The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global metaverse in healthcare market include Intuitive Surgical Inc., 3D Systems Corp., Meta Platforms, Inc., Microsoft, Google LLC, 8chilli, Inc., AccuVein, Surgical Inc., Immersive Touch Inc., Brainlab, Intuitive Surgical Inc, GE Healthcare, and others. Get Discount At @ https://www.sphericalinsights.com/request-discount/3597 Recent Developments In March 2023, the collaboration between NVIDIA Corporation, headquartered in the United States, and Microsoft, also based in the US, facilitates the digitalization of business operations, connectivity to the industrial metaverse, and the creation of cutting-edge tools for generative AI and various other applications within Microsoft 365 and NVIDIA Omniverse ecosystems. Market Segment This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Metaverse in Healthcare Market based on the below-mentioned segments: Global Metaverse in Healthcare Market, By Device VR Headsets Software Medical Training & Education Modules North America
Intuitive Surgical Frequently Asked Questions (FAQ)
When was Intuitive Surgical founded?
Intuitive Surgical was founded in 1995.
Where is Intuitive Surgical's headquarters?
Intuitive Surgical's headquarters is located at 1020 Kifer Rd, Sunnyvale.
Who are Intuitive Surgical's competitors?
Competitors of Intuitive Surgical include CMR Surgical and 5 more.
Compare Intuitive Surgical to Competitors
Activ Surgical is a digital surgery company that focuses on enhanced real-time visualization capabilities for surgeons. The company develops and strengthens software combining advanced augmented reality (AR), artificial intelligence (AI), and machine learning (ML) technology. Its products include ActivSight, ActivEdge, ActivPerfusion, and ActivICG. The company was founded in 2017 and is based in Boston, Massachusetts.
Quantum Surgical is a medical device company that focuses on healthcare innovation, particularly in the domain of medical robotics. The company's main offering is a robotic-assisted technology, which is designed to plan, target, deliver, and confirm tumor ablation, thereby enabling more patients to benefit from better-targeted and less invasive treatments. Quantum Surgical primarily serves the healthcare industry, with a specific focus on interventional oncology. It was founded in 2017 and is based in Montpellier, France.
CMR Surgical operates as a surgical robotics company developing universal robotic systems for minimal access surgery. It aims to make minimal-access surgery universally accessible and affordable by expanding the range of procedures that can be performed robotically. CMR Surgical was formerly known as Cambridge Medical Robotics. It was founded in 2014 and is based in Cambridge, United Kingdom.
Proximie is a healthcare platform. The company offers a range of services, including telepresence, content management, and data insights, which allow healthcare organizations, surgeons, and medical device companies to collaborate, share expertise, and generate new insights from anywhere. It primarily serves the healthcare industry, with a particular focus on hospitals, surgeons, and medical device companies. It was founded in 2016 and is based in London, United Kingdom.
Theator develops surgical intelligence in healthcare. The company offers a platform that uses advanced artificial intelligence (AI) and computer vision technology to capture, analyze, and extract valuable surgical data, aiming to provide meaningful insights and best practices throughout a patient's surgical journey. It primarily serves hospitals and surgeons. It was founded in 2018 and is based in Palo Alto, California.
Caresyntax focuses on healthcare technology, specifically in the domain of surgical data. The company offers a vendor-neutral, enterprise-scale surgical data platform that uses artificial intelligence, automation, and operating room analytics to improve patient outcomes, enhance operational efficiency, and increase profitability. It primarily serves hospitals, surgery centers, surgeons, perioperative leaders, insurers, and risk managers. It was founded in 2013 and is based in Berlin, Germany.