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Medical Robots Market Size
- Report ID: GMI5061
- Published Date: Feb 2023
- Report Format: PDF
Medical Robots Market Size
Medical Robots Market size exceeded USD 9.5 billion in revenue in 2022 and is estimated to grow at a robust pace of over 17.5% CAGR from 2023 to 2032 driven by the rising number of surgical procedures globally.
The high prevalence of chronic illnesses worldwide leading to the increasing number of surgical operations is fueling the market expansion. The Centers for Disease Control and Prevention estimates that six out of ten Americans suffer from at least one chronic illness, such as diabetes, cancer, heart disease, or stroke, largely contributing to the rising mortality and disability rates along with growing healthcare expenses in the U.S. Robotics in the medical domain are revolutionizing surgical procedures and simplifying supply delivery and disinfection processes. Furthermore, medical robots are deployed in multiple healthcare procedures owing to AI-enabled computer vision and data analytics, favoring the market growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Medical Robots Market Size in 2022: | USD 9.5 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 17.5% |
| 2032 Value Projection: | USD 50 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 193 |
| Tables, Charts & Figures: | 212 |
| Segments covered: | Product, Application, End-use, and Region |
| Growth Drivers: | |
| Pitfalls & Challenges: |
Frequently Asked Questions (FAQ) :
Medical Robots Market Scope
