< Back to all clusters
[BUSINESS] · 2 sources

started · updated

YH Research reports growth in AI glasses and medical sealer markets

Market research reports from YH Research highlight growth trajectories in two specialized manufacturing sectors: AI glasses ODM and medical automatic sealers.

The AI glasses ODM market, which provides design and manufacturing services for smart eyewear, is projected to grow from 43.3 million USD in 2024 to 128 million USD by 2031, representing a CAGR of 16.9%. Growth is driven by industrial AR needs, advancements in micro-LED and AI chip technology, and potential applications in automotive and education. However, challenges remain regarding user experience, the lack of killer applications, and a shortage of specialized AI talent.

The medical automatic sealer market, used for sterilizing and packaging surgical instruments, is expected to reach 205 million USD by 2031 with a CAGR of 6.1%. This growth is fueled by rising global hygiene awareness and the need for standardized sterilization processes following COVID-19. The market features diverse competition: European firms like Multivac and Melag focus on quality and standards, US companies like SencorpWhite emphasize automation, and Asian manufacturers such as Shinva Medical Instrument compete on cost-efficiency.

Entities

YH Research