Surgical robot market poised for growth
Editor's Note
A Meddevicetracker analysis expects the global market for robotically assisted surgical devices to see an 11.7% compound annual growth rate, reaching $5.3 billon by 2021, the November 10 Medtech Insight reports
The market is being led by Intuitive Surgical’s da Vinci systems, although the analysis predicts more competition will come from companies developing innovative systems that are smaller, portable, and less costly.
The global market for robotically assisted systems (RAS) is expected to reach $5.3bn by 2021, a CAGR of 11.7%. Meddevicetracker expects this hot market, long-dominated by Intuitive Surgical's da Vinci systems, to see rising competition from innovative companies developing robotic systems that are smaller, portable and less costly and offer surgeons innovative features that allow them to perform even more precise and user-friendly, complex surgeries.
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