The global spine surgery robots market is anticipated to reach $2.77 billion by 2022, due to an increasing geriatric population and hospital cost reductions, based on a Reportstack report, according to WhaTech.
Here are four points:
1. Currently, the global spine surgery robots market totals $26 million.
2. Robots are designed to enhance procedure accuracy and decrease complication rates during spine surgeries.
3. Robotic procedures often allow patients to leave the hospital more quickly during recovery, thus cutting hospital costs.
4. Key market players include Mazor Robotics, Accel Spine, Alliance Spine, Alphatec Spine, Apollo Spine, Ascendx Spine and Back 2 Basics Spine.