The surgical smart glasses market was valued at US$ 145,287.76 thousand in 2020 and is projected to reach US$ 303,934.14 thousand by 2028; it is expected to grow at a CAGR of 9.9% from 2021 to 2028.
Surgical smart glasses provide a smarter way to perform surgeries across the globe. Surgeons wear these glasses while performing a surgery and expert professionals from outside can view the surgery through these smart glasses and give advice regarding the surgery. Surgeon in Operation Theater can communicate with another surgeon with the help of microphones of the glasses and share the surgical view with the wide lens camera on the surgical smart glass.
The surgical smart glasses market is segmented on the basis of type, end user, and geography. By geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the surgical smart glasses market, emphasizing on parameters such as market trends, technological advancements, and market dynamics along with the analysis of competitive landscape of world’s leading market players.
Lucrative Regions for Surgical Smart Glasses Market
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Market Insights
Nowadays, healthcare professionals are emphasizing on the utilization of digital instruments and systems to raise the quality of patient treatment and experience. The healthcare systems across the world are witnessing the adoption of smart glasses and wearable computing devices during surgical procedures with an aim to offer superior surgical outcomes. Smart glasses are web-connected wearable computing devices, used to transmit multiple types of data and project it on monitors. In general, a hands-free system is majorly preferred by surgeons as their hands are busy. The smart glasses offer functionalities of standard computers such as voice commands, eye movements, gestures, and simple tactile commands. Further, the glasses can also be used for recording, streaming video, teleconferences, data transmission, and tele mentoring, among others. Moreover, the glasses enable synchronous visualization of bones and tissues on the screen during a surgical procedure. Such images allow surgeons to take accurate and rapid surgical decisions. In addition, the smart glasses help to increase the surgical precision, as well as reduce overall surgical procedural duration by 30%.
The increasing emphasis on achieving improved treatment outcomes is actively contributing to the growth of the surgical smart glasses market. There is high possibility of the occurrence of adverse effects of many surgical procedures, which might as well lead to mortality. Therefore, in crucial cases, it becomes very essential to utilize advanced equipment to avoid possible ill-effects. According to a study published by the World Health Organization (WHO) in 2019, unsafe medical care causes ~2.6 million deaths each year in the low- and middle-income countries. Such significant extent of lethality is anticipated to boost the adoption of advanced computing devices, which will eventually bolster the growth of surgical smart glasses market during the forecast period.
Increasing Number of Surgical Procedures Contribute Significantly to Market Growth
The rising prevalence of chronic diseases such as cancer, diabetes, cardiovascular diseases (CVDs), stroke, and kidney diseases is expected to have a positive impact on the number of surgical procedures across the globe. As per the WHO, CVDs are the leading cause of mortality, and they result in the deaths of ~17.9 million people every year across the world. Moreover, as per the International Diabetes Federation’s Diabetes Atlas Ninth edition 2019, about 463 million adults (aged 20–79 years) had diabetes in 2019, and the number is expected to reach 700 million by 2045. Such high prevalence of chronic conditions is expected to drive the number of surgical procedures, which will ultimately boost the growth of the surgical smart glasses market. For instance, according to the data published by the Obesity and Metabolic Surgery Society of India in 2020, the number of bariatric surgeries in India increased by around 86.7% during 2014–2018 in India. In addition, according to the study published by the American Society for Metabolic and Bariatric Surgery, in 2019, around 252,000 weight loss surgeries were performed in the US.
Type Insights
Based on type, the global surgical smart glasses market is bifurcated into wireless type and wire type. In 2020, the wireless type segment held a larger share in the market. Moreover, the market for the same segment is expected to hold a higher market share by 2028. The wireless surgical smart glasses allow real-time streaming video of surgery to multiple locations, by reducing travel time and enabling access of healthcare to remote locations. This factor, in turn, is likely to boost the demand for surgical smart glasses across the world in the forecast period.
End User Insights
Based on end user, the global surgical smart glasses market is segmented into hospital, clinic, and others. The hospital segment held the largest market share in 2020, and it is further expected to dominate the market by 2028. Hospitals are primary contact points for patients to get their diagnosis done and opt for treatment options and alternatives.
Surgical Smart Glasses Market, by Type – 2020 and 2028
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Surgical Smart Glasses Market: Strategic Insights
Market Size Value in US$ 145,287.76 thousand in 2020 Market Size Value by US$ 303,934.14 thousand by 2028 Growth rate CAGR of 9.9% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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Surgical Smart Glasses Market: Strategic Insights
| Market Size Value in | US$ 145,287.76 thousand in 2020 |
| Market Size Value by | US$ 303,934.14 thousand by 2028 |
| Growth rate | CAGR of 9.9% from 2021-2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Product launches, and mergers and acquisitions are highly adopted strategies in the global surgical smart glasses market. A few of the recent key product developments are listed below:
In Jun 2020, MediThinQ commercially launched wireless smart glasses GV-200C. These wireless smart glasses solutions provide surgical site vision to front of eyes regardless of surgeon's position and orientation. Surgeon is able to have identical image on smart glasses instead of monitor for convenience and higher efficiency.
In May 2020, Taiwan Main Orthopaedic Biotechnology Co., Ltd. received CE, FDA, and ISO 13485 standard approval for its most advanced Augmented Reality Smart Surgical Glasses Foresee-X. With the CE approval, the company has expanded its business in Europe.
The COVID-19 pandemic is having the significant positive impact on the surgical smart glasses market. COVID-19 vaccine has been developed by several pharmaceutical companies and is vaccination has been started. Thus, the surgical smart glasses market is growing due to the increasing awareness about remote clinical support as an option for surgeons, which is also anticipated to have a positive impact on the other segments of the market in the coming months. On the other side, disruptions in the supply chain caused due to the halt in global operations are hindering the market growth.
Surgical Smart Glasses – Market Segmentation
By Type
- Wireless Type
- Wire Type
By End User
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- UK
- Italy
- Spain
- Rest of Europe
Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East & Africa
South and Central America (SCAM)
- Brazil
- Argentina
- Rest of South and Central America
Company Profiles
- MEDITHINQ CO., LTD
- Taiwan Main Orthopaedic Biotechnology
- IRISTICK
- DTU Srl.
- Vuzix Corporation
- Pixee Medical
- RODS AND CONES.
- AMA XpertEye
- ImmersiveTouch, Inc.
- Microsoft Corporation
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type ; Application And Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Surgical smart glasses have provided a smarter way to perform surgeries across the globe. Surgeons who performs a surgery wear these glasses and expert professionals from outside can view the surgery through these smart glasses and also give advice while performing surgeries. Surgeon in Operation Theater can communicate with another surgeon with the help of microphones of the glasses and share the surgical view with the wide lens camera on the surgical smart glass.
The factors that are driving growth of the market are growing emphasis on superior surgical procedural outcomes and increasing number of surgical procedures are anticipated to drive the growth of the global surgical smart glasses market during the forecast period. However, lack of awareness and infrastructure challenges to adopt surgical smart glasses in emerging nations are hindering the market growth.
The surgical smart glasses market majorly consists of the players such MEDITHINQ CO., LTD, Taiwan Main Orthopaedic Biotechnology, IRISTICK, DTU Srl., Vuzix Corporation, Pixee Medical, RODS AND CONES., AMA XpertEye, ImmersiveTouch, Inc., and Microsoft Corporation are among others.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Surgical Smart Glasses Market – By Type
1.3.2 Surgical Smart Glasses Market – By End User
1.3.3 Surgical Smart Glasses Market – By Geography
2. Surgical Smart Glasses Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Surgical Smart Glasses Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia Pacific– PEST Analysis
4.2.4 Middle East and Africa – PEST Analysis
4.2.5 South and Central America
4.3 Expert Opinion
5. Surgical Smart Glasses Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Emphasis on Superior Surgical Procedural Outcomes
5.1.2 Increasing Number of Surgical Procedures
5.2 Market Restraints
5.2.1 Lack of Awareness and Infrastructure Challenges to Adopt Surgical Smart Glasses in Emerging Nations
5.3 Market Opportunities
5.3.1 Rising Government Support and Preference for Smart Technologies
5.4 Future Trends
5.4.1 Smart Medical Devices Revolutionizing Medical Device Industry
5.5 Impact Analysis
6. Surgical Smart Glasses Market – Global Analysis
6.1 Global Surgical Smart Glasses Market Revenue Forecast and Analysis
6.2 Global Surgical Smart Glasses Market, By Geography - Forecast And Analysis
6.3 Market Positioning of Key Players
7. Surgical Smart Glasses Market Analysis – By Type
7.1 Overview
7.2 Surgical Smart Glasses Market Share, by Type, 2020 and 2028 (%)
7.3 Wire Type
7.3.1 Overview
7.3.2 Wire Type: Surgical Smart Glasses Market– Revenue and Forecast to 2028 (US$ Thousand)
7.4 Wireless Type
7.4.1 Overview
7.4.2 Wireless Type: Surgical Smart Glasses Market– Revenue and Forecast to 2028 (US$ Thousand)
8. Surgical Smart Glasses Market Analysis – By End User
8.1 Overview
8.2 Surgical Smart Glasses Market Share, by End User, 2020 and 2028 (%)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (US$ Thousand)
8.4 Clinics
8.4.1 Overview
8.4.2 Clinics: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (US$ Thousand)
8.5 Others
8.5.1 Overview
8.5.2 Others: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (US$ Thousand)
9. Surgical Smart Glasses Market – Geographic Analysis
9.1 North America: Surgical Smart Glasses Market
9.1.1 Overview
9.1.2 North America: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.1.3 North America: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.1.4 North America: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.1.5 North America: Surgical Smart Glasses Market, by Country, 2020 & 2028 (%)
9.1.5.1 US: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.1.5.1.1 US: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.1.5.1.2 US: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.1.5.1.3 US: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.1.5.2 Canada: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.1.5.2.1 Canada: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.1.5.2.2 Canada: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.1.5.2.3 Canada: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.1.5.3 Mexico: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.1.5.3.1 Mexico: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.1.5.3.2 Mexico Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
9.1.5.3.3 Mexico Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
9.2 Europe: Surgical Smart Glasses Market
9.2.1 Overview
9.2.2 Europe: Surgical Smart Glasses Market - Revenue and Forecast to 2028 (USD Thousand)
9.2.3 Europe: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.2.4 Europe: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.2.5 Europe: Surgical Smart Glasses Market, by Country, 2020 & 2028 (%)
9.2.5.1 Germany: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.1.1 Germany: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.1.2 Germany: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.2.5.1.3 Germany: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.2.5.2 UK: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.2.1 UK: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.2.2 UK: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.2.5.2.3 UK: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.2.5.3 France: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.3.1 France: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.3.2 France: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.2.5.3.3 France: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.2.5.4 Italy: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.4.1 Italy: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.4.2 Italy: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.2.5.4.3 Italy: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.2.5.5 Spain: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.5.1 Spain: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.5.2 Spain: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.2.5.5.3 Spain: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.2.5.6 Rest of Europe: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.6.1 Rest of Europe: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.2.5.6.2 Rest of Europe: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.2.5.6.3 Rest of Europe: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.3 Asia-Pacific: Surgical Smart Glasses Market
9.3.1 Overview
9.3.2 Asia-Pacific: Surgical Smart Glasses Market - Revenue and Forecast to 2028 (USD Thousand)
9.3.3 Asia-Pacific: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.3.4 Asia-Pacific: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.3.5 Asia-Pacific: Surgical Smart Glasses Market, by Country, 2020 & 2028 (%)
9.3.5.1 China: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.1.1 China: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.1.2 China: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.3.5.1.3 China: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.3.5.2 Japan: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.2.1 Japan: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.2.2 Japan: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.3.5.2.3 Japan: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.3.5.3 India: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.3.1 India: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.3.2 India: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.3.5.3.3 India: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.3.5.4 Australia: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.4.1 Australia: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.4.2 Australia: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.3.5.4.3 Australia: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.3.5.5 South Korea: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.5.1 South Korea: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.5.2 South Korea: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.3.5.5.3 South Korea: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.3.5.6 Rest of Asia-Pacific: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.6.1 Rest of Asia-Pacific: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.3.5.6.2 Rest of Asia-Pacific: Surgical Smart Glasses Market, by Type, 2019–2028 (USD Thousand)
9.3.5.6.3 Rest of Asia-Pacific: Surgical Smart Glasses Market, by End User, 2019–2028 (USD Thousand)
9.4 Middle East & Africa: Surgical Smart Glasses Market
9.4.1 Overview
9.4.2 Middle East & Africa: Surgical Smart Glasses Market - Revenue and Forecast to 2028 (US$ Thousand)
9.4.3 Middle East & Africa Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
9.4.4 Middle East & Africa Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
9.4.5 Middle East & Africa: Surgical Smart Glasses Market, by Country, 2020 & 2028 (%)
9.4.5.1 Saudi Arabia: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.1.1 Saudi Arabia: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.1.2 Saudi Arabia Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.1.3 Saudi Arabia Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.2 UAE: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.2.1 UAE: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.2.2 UAE Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.2.3 UAE Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.3 South Africa: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.3.1 South Africa: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.3.2 South Africa Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.3.3 South Africa Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.4 Rest of Middle East and Africa: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.4.1 Rest of Middle East and Africa: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.4.2 Rest of Middle East and Africa Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
9.4.5.4.3 Rest of Middle East and Africa Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
9.5 South and Central America: Surgical Smart Glasses Market
9.5.1 Overview
9.5.2 South and Central America: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.5.3 South and Central America Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
9.5.4 South and Central America Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
9.5.5 South and Central America: Surgical Smart Glasses Market, by Country, 2020 & 2028 (%)
9.5.5.1 Brazil: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.5.5.1.1 Brazil: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.5.5.1.2 Brazil Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
9.5.5.1.3 Brazil Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
9.5.5.2 Argentina: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.5.5.2.1 Argentina: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.5.5.2.2 Argentina Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
9.5.5.2.3 Argentina Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
9.5.5.3 Rest of South and Central America: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.5.5.3.1 Rest of South and Central America: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
9.5.5.3.2 Rest of South and Central America Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
9.5.5.3.3 Rest of South and Central America Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
10. Impact of COVID-19 Pandemic on Global Surgical Smart Glasses Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
10.2 Europe: Impact Assessment of COVID-19 Pandemic
10.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.5 South and Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 MEDITHINQ CO., LTD
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Taiwan Main Orthopaedic Biotechnology
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 IRISTICK
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 DTU Srl
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Vuzix Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Pixee Medical
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 RODS AND CONES
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 AMA XpertEye
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 ImmersiveTouch, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Microsoft HoloLens (Microsoft Corporation)
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services.
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 Glossary of Terms
LIST OF TABLES
Table 1. North America Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 2. North America Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 3. US Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 4. US Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
Table 5. Canada Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 6. Canada Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 7. Mexico Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 8. Mexico Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
Table 9. Europe Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 10. Europe: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 11. Germany: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 12. Germany: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 13. UK: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 14. UK: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 15. France: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 16. France: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 17. Italy: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 18. Italy: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 19. Spain: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 20. Spain: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 21. Rest of Europe: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 22. Rest of Europe: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 23. Asia-Pacific Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 24. Asia-Pacific Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 25. China: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 26. China: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 27. Japan: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 28. Japan: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 29. India: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 30. India: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 31. Australia: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 32. Australia: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 33. South Korea: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 34. South Korea: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 35. Rest of Asia-Pacific: Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 36. Rest of Asia-Pacific: Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 37. Middle East & Africa Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 38. Middle East & Africa Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
Table 39. Saudi Arabia Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 40. Saudi Arabia Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
Table 41. UAE Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 42. UAE Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
Table 43. South Africa Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 44. South Africa Surgical Smart Glasses Market, by End User – Revenue and Forecast to 2028 (USD Thousand)
Table 45. Rest of Middle East and Africa Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 46. Rest of Middle East and Africa Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
Table 47. South and Central America Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 48. South and Central America Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
Table 49. Brazil Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 50. Brazil Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
Table 51. Argentina Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 52. Argentina Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
Table 53. Rest of South and Central America Surgical Smart Glasses Market, by Type – Revenue and Forecast to 2028 (USD Thousand)
Table 54. Rest of South and Central America Surgical Smart Glasses Market, by End User– Revenue and Forecast to 2028 (USD Thousand)
Table 55. Organic Developments Done By Companies
Table 56. Inorganic Developments Done By Companies
Table 57. Glossary of Terms, Surgical Smart Glasses Market
LIST OF FIGURES
Figure 1. Surgical Smart Glasses Market Segmentation
Figure 2. Surgical Smart Glasses Market – By Geography
Figure 3. Surgical Smart Glasses Market Overview
Figure 4. Wireless Type Segment Held Largest Share of Surgical Smart Glasses Market in 2020
Figure 5. Surgical Smart Glasses Market in Asia Pacific Region to Show Remarkable Growth During Forecast Period
Figure 6. Global Surgical Smart Glasses Market, By Geography (US$ Thousand)
Figure 7. Global Surgical Smart Glasses Market- Leading Country Markets (US$ Thousand)
Figure 8. Global Surgical Smart Glasses Market, Industry Landscape
Figure 9. North America PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. Asia Pacific PEST Analysis
Figure 12. Middle East and Africa PEST Analysis
Figure 13. South and Central America PEST Analysis
Figure 14. Expert Opinion
Figure 15. Surgical Smart Glasses Market Impact Analysis of Driver and Restraints
Figure 16. Global Surgical Smart Glasses Market – Revenue Forecast And Analysis – 2020- 2028
Figure 17. Global Surgical Smart Glasses Market – By Geography Forecast and Analysis – 2019- 2027
Figure 18. Market Positioning of Key Players
Figure 19. Medical devices market Share, by Type, 2020 and 2028 (%)
Figure 20. Wire Type: Surgical Smart Glasses Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 21. Wireless Type: Surgical Smart Glasses Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 22. Surgical Smart Glasses Market Share, by End User, 2020 and 2028 (%)
Figure 23. Hospitals: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 24. Clinics: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 25. Others: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 26. North America: Surgical Smart Glasses Market, by Key Country – Revenue (2020) (USD Thousand)
Figure 27. North America Surgical Smart Glasses Market Revenue and Forecast to 2028 (USD Thousand)
Figure 28. North America: Surgical Smart Glasses Market, by Country, 2020 & 2028 (%)
Figure 29. US: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 30. Canada: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 31. Mexico: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 32. Europe: Surgical Smart Glasses Market, by Key Country – Revenue (2020) (USD Thousand)
Figure 33. Europe Surgical Smart Glasses Market Revenue and Forecast to 2027 (USD Thousand)
Figure 34. Europe: Surgical Smart Glasses Market, by Country, 2020 & 2028 (%)
Figure 35. Germany: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 36. UK: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 37. France: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 38. Italy: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 39. Spain: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 40. Rest of Europe: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 41. Asia-Pacific: Surgical Smart Glasses Market, by Key Country – Revenue (2020) (USD Thousand)
Figure 42. Asia-Pacific Surgical Smart Glasses Market Revenue and Forecast to 2027 (USD Thousand)
Figure 43. Asia-Pacific: Surgical Smart Glasses Market, by Country, 2020 & 2028 (%)
Figure 44. China: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 45. Japan: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 46. India: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 47. Australia: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 48. South Korea: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 49. Rest of Asia-Pacific: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 50. Middle East & Africa: Surgical Smart Glasses Market, by Key Country – Revenue (2020) (USD Thousand)
Figure 51. Middle East & Africa Surgical Smart Glasses Market Revenue and Forecast to 2028 (USD Thousand)
Figure 52. Middle East & Africa: Surgical Smart Glasses Market, by Country, 2020 & 2028 (%)
Figure 53. Saudi Arabia: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 54. UAE: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 55. South Africa: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 56. Rest of Middle East and Africa: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 57. South and Central America: Surgical Smart Glasses Market, by Key Country – Revenue (2020) (USD Thousand)
Figure 58. South and Central America Surgical Smart Glasses Market Revenue and Forecast to 2028 (USD Thousand)
Figure 59. South and Central America: Surgical Smart Glasses Market, by Country, 2020 & 2028 (%)
Figure 60. Brazil: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 61. Argentina: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 62. Rest of South and Central America: Surgical Smart Glasses Market – Revenue and Forecast to 2028 (USD Thousand)
Figure 63. Impact of COVID-19 Pandemic on Surgical Smart Glasses Market in North American Countries
Figure 64. Impact of COVID-19 Pandemic on Surgical Smart Glasses Market in European Countries
Figure 65. Impact of COVID-19 Pandemic on Surgical Smart Glasses Market in Asia Pacific Countries
Figure 66. Impact of COVID-19 Pandemic on Surgical Smart Glasses Market in Middle East and Africa
Figure 67. Impact of COVID-19 Pandemic on Surgical Smart Glasses Market in South and Central America
Figure 68. Growth Strategies Done by the Companies in the Market, (%)
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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