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Rising Focus On Healthcare And Increasing Investments In The Development Of Healthcare Infrastructure Are Expected To Offer A Lucrative Opportunity Of US $ 4.5 Bn (2022-2026); States Fact.MR

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Dublin, Ireland, Sept. 01, 2022 (GLOBE NEWSWIRE) — Fact.MR – A Market Research and Competitive Intelligence Provider: The global surgical kits market is expected to reach a valuation of US $22.5 Billion by the end of 2026. Moreover, worldwide surgical kits market is expected to witness a 6.6% CAGR from 2022 tot 2026.

Surge in number of surgeries across the globe is expected to fuel the demand for surgical products such as surgical gowns, dressing kits, during the forecast period.

Increasing incidence of cardiac disorders, rise in geriatric population, rising population of minimally invasive surgeries, surge in rate of hospitalization, and high healthcare spending potential are the factors that can boost the surgical kits market potential over the years to come.

Growing awareness regarding HAIs (hospital-acquired infections) and rise in focus on patient-centric healthcare are the factors that could drive the sales of surgical kits.

In addition to this, rise in medical tourism in countries such as United States, India, Singapore and China is expected to result in high demand for surgical kits during the forecast period.

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Besides this, upcoming surgical kit providers are launching new surgical kits that are equipped with various technologies to enhance the overall surgical experience for patients.

Key Takeaways:

  • United States market is valued at US $ 6.5 Billion and the presence of developed healthcare infrastructure is anticipated to be the prime factor driving the growth of the market. Moreover, favorable reimbursement policies and increasing geriatric population are the factors expected to boost the surgical kits market growth.
  • Historically, China surgical kits market witnessed an impressive CAGR of around 9% and is expected to witness an approximate valuation of US $ 2 Billion by the end of forecast period.
  • The disposable surgical kits segment is anticipated to witness an impressive CAGR of around 8% through 2026. Moreover, reusable surgical kits are expected to witness a CAGR of 3.5%.

Growth Drivers:

  • Supportive government policies, increasing investments in the healthcare industry, and the rise of chronic diseases are the factors that could potentially drive the sales during the forecast period.
  • Rise in geriatric population and increasing demand for diverse range of surgeries is expected to drive the growth potential in the country
  • Disposable surgical kits are expected to gain traction due to rise in awareness about risks associated with surgical equipments. Medical staff is more aware now about risks associated with cleaning and reprocessing of surgical equipment. Moreover, cost-effective nature of disposable kits is the major factors that drive the growth of the market.

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Competitive Landscape:

Key players are focusing on the integration of advanced technologies with surgeries and moreover, these create an efficient surgical workflow for healthcare professionals and patients. Moreover, adoption of technology and digitization in healthcare industry has led to a surge in demand for advanced surgical methods such as AI-assisted surgeries, robotic-assisted surgeries, etc.

  • Avant-garde Health, a healthcare solution provider, recently announced that it had raised US$ 12 billion in a Series A funding round. This investment will be used to push the general roll out of its surgical care analytics platform that helps in amplifying patient outcomes and reducing overall costs.
  • In July 2022, Medtronic, a leading medical device company, had received approval from the U.S. Food and Drug Administration (FDA) for its spine surgery planning software that is driven by artificial intelligence.

Key Companies Profiled by Fact.MR

  • Stradis Healthcare
  • Zimmer Biomet
  • Cardinal Health
  • Mölnlycke Health Care AB
  • Hogy Medical
  • 3M
  • Paul Hartmann AG
  • OneMed
  • Kimberly-Clark Corporation
  • Medtronic PLC
  • Novartis AG
  • Stryker Corporation
  • Medline Industries Inc.
  • Johnson & Johnson Services Inc.

Key Segments Covered in Surgical Kits Industry Research

  • By Type :
    • Disposable Surgical Kits
    • Reusable Surgical Kits
  • By Procedure:
    • General Surgery
    • Cardiac Surgery
    • Ophthalmology
    • Orthopedic
    • Neurosurgery
    • Gynecology
    • Other Procedures
  • By End User:
    • Hospitals
    • Specialty Clinics
    • Ambulatory Surgical Centers
    • Other End Users
  • By Region:
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

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Explore Fact.MR’s Coverage on the Healthcare Domain

Surgical Suction Pumps MarketIncreased demand in gynecology and obstetrics procedures, growing demand for cosmetic surgeries requiring liposuction and growing applications of minimally invasive procedures because of less healing time and less risk of complications are factors expected to drive the growth of the surgical suction pumps market over the forecast period.

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Surgical Hand-Access Port MarketSurgical hand-access port acts as a gateway, and helps the surgeon to insert surgical instruments or hand at the site of surgery. Surgical hand-access port is majorly used in laparoscopic surgeries. Minimal invasion surgery can be performed and peritoneal gas pressure can be maintained with the help of surgical hand-access ports.

Surgical and Interventional Cardiology Devices MarketSurgical and interventional cardiology devices market includes the wide range of devices such as cardiovascular stents, catheter, coil, cardiac monitoring devices, imaging devices, conventional surgical tools. Surgical and interventional cardiology devices market is expected to grow with the significant growth rate over the forecast period.

Surgical Integration Systems MarketSurgical integration systems are designed to simplify and streamline the operating room by consolidating data and access to video. In surgical integration systems, all the devices that are available in the operating room are controlled by a main central command station. These systems are being rapidly incorporated in hospitals and operating theatres.

Surgical Catheters MarketAdvancements in surgical techniques have led to minimally invasive procedures using surgical catheters that require smaller incisions and usually produce less post-surgical pain, better results, and quicker recoveries. Surgical catheters involve the use of a long, thin flexible tube which is inserted into a large vein.

Electrosurgery Devices MarketRising prominence of minimally invasive surgeries has led to a shift from conventional cutting tools such as surgical blades and lasers to electrosurgical devices. Their increased levels of accuracy as well as high reliability are some of the factors driving adoption on a large-scale.

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Fusionless Scoliosis Surgery MarketThe treatment for scoliosis has evolved with time owing to various developments in the healthcare sector and advanced treatment alternatives such as fusionless scoliosis surgery flooding the industry. The scoliosis treatment, traditionally done by spine fusion surgery involved placement of rods, screws, and hooks with a long incision running along spinal columns is being replaced by fusionless scoliosis surgery owing to the clinical developments for smaller incisions and ease for patients.

Plastic Surgery Scaffold MarketSurging demand for restoration, rebuilding, or adjustment of different structures of human body is one of the key driving forces of plastic surgery scaffold market. With the trend of cosmetic surgery prevailing across the globe, plastic surgery has been in persistent practice for a substantial time period. Rising concerns apropos of looks and appearances are evident as one of the key influencing factors of plastic surgery scaffold market.

Spinal Surgery Tables MarketThere are various conditions which affects the spinal cord adversely which results into the back pain, adversely affecting the body movement, etc. The spinal conditions such as degenerative disk disease, fractures, scoliosis, spondylolisthesis, spine infection or tumor, etc. results in disturbing the normal functioning of the spinal cord.

Non-invasive Surgery MarketNon-invasive or minimally invasive surgical and diagnostic procedures have been taking the medical industry by storm. Some of the non-invasive diagnostic procedures include fluoroscopy, MRI, CT, PET, and ultrasonography, which are currently popularly used to diagnose a number of conditions, including cancer, cardiovascular diseases (CVDs), and neurological diseases.

About Fact.MR

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Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range – from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories. 80% of Fortune 1000’s trusts us in critical decision making. We provide both qualitative and quantitative research, spanning market forecast, market segmentation, competitor analysis, and consumer sentiment analysis.

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Artificial Intelligence

Supermicro Introduces New Versatile System Design for AI Delivering Optimization and Flexibility at the Edge

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New 3U Server Supports up to 18 GPUs and Features Dual Intel® Xeon® 6900 series processors with P-cores
SAN JOSE, Calif., Oct. 8, 2024 /PRNewswire/ — Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announces the launch of a new, versatile, high-density infrastructure platform optimized for AI inferencing at the network edge. As companies seek to embrace complex large language models (LLM) in their daily operations, there is a need for new hardware capable of inferencing high volumes of data in edge locations with minimal latency. Supermicro’s innovative system combines versatility, performance, and thermal efficiency to deliver up to 10 double-width GPUs in a single system capable of running in traditional air-cooled environments.

“Owing to the system’s optimized thermal design, Supermicro can deliver all this performance in a high-density 3U 20 PCIe system with 256 cores that can be deployed in edge data centers,” said Charles Liang, president and CEO of Supermicro. “As the AI market is growing exponentially, customers need a powerful, versatile solution to inference data to run LLM-based applications on-premises, close to where the data is generated. Our new 3U Edge AI system enables them to run innovative solutions with minimal latency.”
For more information, please visit https://www.supermicro.com/en/solutions/edge-ai
The new SYS-322GB-NR includes two powerful Intel® Xeon® 6900 processors with P-cores, 8800 MT/s MRDIMM and up to 20 PCIe 5.0 expansion slots. This Supermicro system supports a variety of single or double-width GPUs, or to use some of the expansion slots for high-performance I/O or other add-on cards. Additionally, the server features up to 6TB of RDIMM memory and up to 14 E1.S or 6 U.2 NVMe drives.
One example use case that this system delivers is in the manufacturing industry, where Supermicro’s new system can be deployed on-site at an automated production environment to process data feeds from cameras and sensors without having to transfer the data to a remote location. This capability reduces networking requirements and improves response times. Another environment where the SYS-322GB-NR will excel is large-scale control rooms, where the AI accelerator cards can be partially replaced by multi-display cards to support up to 64 independent displays.
Supermicro at Mobile World Congress (MWC) Las Vegas
The SYS-322GB-NR will be on display at Supermicro’s booth #518 during MWC Las Vegas, October 8-10. Additionally, Supermicro will display systems that incorporate NVIDIA, AMD and Intel Xeon 6 processors, including X14 family edge and telco systems such as:
SYS-222HE-FTN – the Hyper-E brings data center performance to the telco edge with a dual Intel Xeon 6 processor in a 2U, short-depth form factor with front I/O access
SYS-212B-FN2T – a 2U short-depth system for AI in telco and edge deployments, featuring a single Intel Xeon 6700 series processor with E-cores and GPU support
SYS-E403-14B-FRN2T- a box PC sized, wall-mountable edge device capable of bringing the Intel Xeon 6700 series processor with E-cores and GPU support to remote environments
AS -1115S-FDWTRT – a 1U NEBS compliant system providing Telco performance for ORAN, Core and managed services. This system utilizes the AMD EPYC 8004 Series processor and support of up to 1 single-width GPU accelerator for heavy workloads.
In addition to showcasing Supermicro hardware systems, in partnership with NVIDIA, we will jointly demonstrate inferencing and AI solutions for on-premise and Edge applications including Enterprise AI, Retail, Telco Edge and Financial Services. We will demonstrate key generative AI solutions that include NVIDIA NIM, NVIDIA NeMo, NVIDIA Metropolis, remote management, security, and networking. For Telecom, Supermicro and NVIDIA will be demonstrating a live AI RAN solution using NVIDIA and Supermicro solutions showcasing performance, management and AI use cases.
Also, on display at MWC Las Vegas is the new a joint solution from Supermicro and Intel which combines the ruggedized IP65 Outdoor Edge system with a built-in AI Network Accelerator and Intel® Data Center GPU Flex 170. This solution enables fast and cost-effective deployment of multiple private 5G networks as well as Edge AI applications in a single device. The networks can be used and exploited by different users, offering a scalable solution for dense environments such as industrial and campus sites, venues and smart cities.
 About Super Micro Computer, Inc.
Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions provider with server, AI, storage, IoT, switch systems, software, and support services. Supermicro’s motherboard, power, and chassis design expertise further enable our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).
Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.
All other brands, names, and trademarks are the property of their respective owners.
 
 
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Artificial Intelligence

Nfinite Launches SceneMagic AI, a Revolutionary Automated AI Solution for Creating Customizable, Photorealistic Product Images for E-commerce

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Solution converts basic 2D product packshots into diverse, photorealistic lifestyle images at speed and massive scaleProprietary image creation process able to reduce costs for high fidelity e-commerce visuals by over 95%SAN FRANCISCO, Oct. 8, 2024 /PRNewswire/ — Nfinite, the leader in next-generation product visualization technology for brands and retailers, today unveiled SceneMagic AI, a pioneering AI solution that enables e-commerce giants to access photorealistic product images on a massive scale.

Using a proprietary AI to generate hyper-realistic backgrounds and settings, enhancing the visual appeal of products, SceneMagic AI powers the seamless conversion of basic 2D product packshots into diverse sets of photorealistic lifestyle images that can be tailored to a brand’s unique aesthetic.
“AI is most exciting when it goes beyond being just a technological novelty and addresses real, substantial challenges,” said Alexandre de Vigan, CEO at Nfinite. SceneMagic AI offers a paradigm shift in how brands can showcase their products through tailored visuals without the exorbitant costs and time delays that are typically associated with high-quality visual productions.”
Amidst growing demands for high-quality visual content in e-commerce, a recent Coresight Research report underscores the importance of innovative imaging solutions. The report revealed that 63% of leading U.S. and European retailers are prioritizing enhancements in image quality to mitigate returns, with those adopting new CGI technologies experiencing a 20% increase in conversion rates.
With its massive scalability, SceneMagic AI allows for the swift creation of extensive high-fidelity image catalogs from minimal inputs. Its dynamic content adaptability means visuals can be rapidly updated for seasonal themes or marketing campaigns. Leveraging cutting-edge 3D technology and spatial intelligence, the solution ensures each image is not only realistic but also free from AI-generated errors, all while slashing costs by over 95%.
“With SceneMagic AI, we’re not just meeting market demands—we’re setting new standards for how retailers engage with consumers online, enhancing user experiences while driving tangible business results,” concluded Alex.
For more information on Nfinite and the SceneMagic AI solution, please visit https://www.nfinite.app/genaiAbout Nfinite
Nfinite combines the power of AI, CGI and 3D to offer a unified visual platform for the world’s largest brands and retailers. Nfinite is uniquely designed to connect brands and retailers and unlock complete, consistent and immersive product imagery at scale. The Nfinite Platform helps automate high quality visual content, making it more affordable, adaptable, and faster to create. With Nfinite, companies can deliver endless visual combinations, interactive experiences, and real-time personalized content to their customers worldwide. Visit nfinite.app for more information.
For more information, please visit – https://www.nfinite.app/ 
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Artificial Intelligence

Careerminds Acquires Progression To Enhance AI-Driven Career Development Solutions

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NEW YORK , Oct. 8, 2024 /PRNewswire/ — Careerminds, a leading provider of global outplacement and career development solutions, announced today the acquisition of Progression, a London-based SaaS software company. Founded in 2019, Progression has developed an advanced AI platform that enables organizations to establish career frameworks and job architectures. This innovative solution empowers employees to enhance their skill sets, supporting both upskilling and reskilling efforts to help them realize their full career potential.

“Progression joining forces with Careerminds is a perfect fit for realizing our vision of our comprehensive career-development capabilities,” says Raymond Lee, President of Careerminds. “Jonny and Neil have co-founded and built an innovative software platform that reflects our shared commitment to helping organizations provide an end-to-end, career-development solution. Together, we aim to empower individuals to identify their career potential and navigate their pathways to success. Additionally, they have effectively addressed HR’s need for a modern job architecture, incorporating career pathways with a skills taxonomy, AI-embedded tools, and actionable upskilling and reskilling plans that drive engagement and boost employee retention.”
“Careerminds’ success with their career-development coaching platform, combined with Careerminds’ global coaching capabilities, creates a powerful synergy,” said Jonny Burch, Co-Founder and CEO of Progression. “Together, we are poised to make a significant impact in the career-development space.”
About Careerminds
Careerminds was founded in 2008 as a global provider of contemporary outplacement, leadership, and career development solutions. Careerminds combines cutting-edge AI technology with personalized, one-on-one career coaching for all job levels in major markets around the world. Their modern approach allows the company to deliver industry-leading results including job seekers landing new jobs and employees looking to grow and maximize their potential within their careers. For more information, please visit https://www.careerminds.com.
About Progression
Progression, founded in 2019, is a career framework SaaS software company based in the United Kingdom. Progression’s AI powered platform empowers companies to build powerful and scalable career and skill frameworks, their employees to track their own career growth over time and managers to get unique skill-based performance insights. They work with everyone from startups to public companies, with customers with up to 2,500 employees globally. For more information, please visit https://www.progression.co.

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