Spine robotics market to grow 29% annually through 2025, analysts predict

Written by Angie Stewart | December 12, 2019 | Print  |

The global market for spine surgery robots could reach an estimated $520 million by the end of 2025, according to a report by 360 Market Updates.

Market News Reporter published three key takeaways from the report:

1. The global spine surgery robot market was valued at $67 million in 2018.

2. Analysts expect the market to expand at a compound annual growth rate of 29.3 percent from 2019-25.

3. North America was the largest sales region for spine surgery robots in 2017, with 68 percent of the market share. Europe was the second largest sales region.

More articles on robotics:
Johnson & Johnson subsidiary launches product for surgical bleeding: 5 things to know
Stanford to acquire 2nd CyberKnife M6 system for neurosurgery
Andrews to expand with new clinical location — 5 insights

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