Medical robotic systems market to reach $13.6 billion by 2018

… The global medical robotic systems market was worth $5.48 billion in 2011 and is expected to reach $13.6 billion in 2018, growing at a compounded annual growth rate of 12.6% from 2012. Surgical robots are expected to enjoy the largest revenue share.
… The global market for medical robotic systems is driven by factors such as technological advancement in the automation of the healthcare industry, increase in elderly population, non-invasive surgical techniques, and high prevalence of motion-restricting medical conditions.
… Medical robotic systems include: surgical robots, non-invasive radiosurgery robotic systems, prosthetics and exoskeletons, assistive and rehabilitation robots, non-medical robotics in hospitals and emergency response robotic systems, and hold high growth potential in the global market.
… Source: Transparency Market Research.

Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.

Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.