GlobalData predicts the global robot-assisted surgical systems market for general surgery to grow at a compound annual growth rate of 13.5 percent through 2024.
Here are four observations:
1. Analysts believe the market will reach $2 billion by 2024.
2. If including orthopedic and neurosurgery robotic surgical systems, the market will expand even more.
3. In 2000, Intuitive Surgical introduced the first robotic-assisted surgery system. The report notes Intuitive Surgical leads the robotic surgery market its da Vinci line.
4. Medtronic, Titan Medical and Verb Surgical are all active players in the field introducing new robotic products.