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Global Medical Robots Market Projected to Reach USD 57.0 Billion by 2032, with a CAGR of 16.06% - SNS Insider [Yahoo! Finance]
Last intuitive surgical, inc. earnings: 4/16 04:05 pm
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=122359&p=irol-irhome
Austin, Nov. 04, 2024 (GLOBE NEWSWIRE) -- “According to SNS Insider, The Medical Robots Market Size was valued at USD 14.9 Billion in 2023 and is projected to reach USD 57.0 Billion by 2032, growing at a compound annual growth rate (CAGR) of 16.06% from 2024 to 2032.” Surge in Medical Robots Market Driven by Technological Advancements and Growing Healthcare Needs The increasing rate of technological innovations and healthcare automation are driving the Medical Robots market. These factors are mainly because the growing prevalence of chronic diseases and the aging population are calling for precise surgical interventions, especially in minimally invasive surgeries. The advantages of robotic assistance in surgeries, including lesser post-operative complications and shorter hospital stays, are also contributing to the growing pace of this sector. Other reasons supporting the market expansion include rising neurological and orthopedic diseases along with high expenditure on R&D act
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