Medical robots market expected to grow to $16.74B by 2023: 3 things to know

Rachel Popa -   Print  | Email

A MarketsandMarkets report found the medical robots market is projected to reach $16.74 billion by 2023, up from $6.46 billion in 2018.

Here are the important details to know:

1. Growth can be attributed to advantages offered by robot-assisted training in rehabilitation therapy, technological advancements and increases in funding for medical robot research.

2. Therapeutic robotic systems are projected to grow the most over the forecast period.

3. North American companies such as Stryker and Intuitive Surgical are the key players in the medical robots market.

More articles about imaging:
Algorithm automatically labels any 3D spinal image, study shows: 4 notes
Surgical navigation systems market to exceed $770M by 2025: 10 largest market players
Park Ridge Health is 1st in region to install Mazor X: 4 things to know

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies here.