On the Flying Bridge September 22, 2024

It is estimated that there are 310 million major surgical procedures performed each year globally, according to a 2020 study published in the International Journal of Surgery and based on World Health Organization data. Between 1% – 4% of those patients will die during the procedure while up to another 15% will suffer from post-operative complications and, depending on the procedure, 5% – 15% will be readmitted within 30 days. With nearly 8 million patients dying each year, adverse events related to surgeries are one of the leading causes of death. And the financial burden is staggering – worldwide the surgical procedures market is estimated to be $3.4 trillion this year. Admittedly, market estimates vary widely; MarketsandMarkets calculates the global...

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