Patents
Patent applications related to metaverse increased by 8% per year on average in the medical devices industry since 2020
Credit: Bert van Dijk/Getty images.
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The global medical devices industry experienced an 8% increase in annual average growth rate (AAGR) in the number of metaverse-related patent applications between 2020 and 2022. The total number of metaverse-related grants increased by an AAGR of 18% during the same period, according to GlobalData's patent analytics database.
Notably, the number of metaverse-related patent applications in the medical devices industry was 4,095 since 2020, while 2,204 applications were granted.
The top five assignees by filings accounted for 30% of patent applications
Analysis of patent applications by assignee shows that Johnson & Johnson filed the most metaverse patents within the medical devices industry since 2020. The company filed 378 metaverse-related patents since 2020.
It was followed by Smith & Nephew (140 applications), Medtronic (136 applications), Stryker (133 applications) and Globus Medical (99 applications).
The top five assignees by grants accounted for 25% of successful patent grants
Analysis of patent grants by assignee shows that Johnson & Johnson was granted 126 patents related to metaverse within the medical devices industry since 2020. It was followed by Magic Leap (84 grants), Koninklijke Philips (77 grants), Medtronic (64 grants), and Globus Medical (47 grants).
Patent activity was driven by the US with a 57% share of total patent publications
The largest share of metaverse-related patent publications in the medical devices industry since 2020 was held by the US with 57%, followed by China (19%) and Japan (7%).
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patents Analytics tracks patent filings and grants from official patent offices around the world. Proprietary analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries
