Orthopedic medical robots market to hit $2.1B by 2025: 4 notes

Jackie Drees -   Print  |

The global orthopedic medical robots market is expected to reach $2.1 billion by 2025, according to a ReportLinker report.

Here are four things to know:

1. During the forecast period, the market is expected to grow at a 24.1 percent compound annual growth rate.

2. In 2017, the market was worth a little more than $375 million.

3. The report attributes a rising number of musculoskeletal diseases, an increase in funds allocated for medical robot research and technology advancements in orthopedic surgery assisted robots as factors contributing to the market’s growth.

4. The high cost of medical robotic systems and safety concerns may act as restraining market factors, according to the report.

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