Medical Robots Market: Revolutionizing Healthcare with Precision and Efficiency
The global medical robots market has been witnessing rapid growth fueled by technological advancements and evolving healthcare needs. Valued at US$13.8 billion in 2023, the market expanded to US$16.0 billion in 2024 and is poised to grow at a robust CAGR of 16.1% from 2024 to 2029, targeting a valuation of US$33.8 billion by 2029. This dynamic expansion signals an increasing shift towards automation...
Medical Robots Market to Change the Face of Healthcare Industry
Medical robotics is an emerging field in healthcare that has been causing a paradigm shift in healthcare as it improves the quality of patient care. Demographic change, shortage of healthcare professionals, need to improve quality of life for the disabled and elderly, and need to improve surgical procedures coupled with the focus to develop technologically advanced robots are some of the factors expected...
Rising Patient Preference for Minimally Invasive Surgeries Booming Medical Robots Market
The medical robots market is projected to reach USD 16.74 billion by 2023 from an estimated USD 6.46 billion in 2018, at a CAGR of 21.0%. Advantages offered by robot-assisted training in rehabilitation therapy, increase in funding for medical robot research, and the issuance of IPOs by medical robot companies are the major factors driving the growth of the market. Technological advancements in medical...
Medical Robotics Market is Likely to be Driven by Rehabilitation and Hospital and Pharmacy Robots
The healthcare industry is currently focusing on minimally invasive therapies through the use of robots. Surgical robots help in decreasing the time of surgery and enhance the accuracy of the procedure. Owing to this, the demand for surgical robotic systems is increasing across the globe. Advanced technologies have resulted in several improvisations, including expanded applications of robotic systems,...