The global medical robotics market is expected to hit $20 billion by 2022.
Here are five takeaways:
1. The global medical robotics market is predicted to grow at 21.6 percent compounded annual rate.
2. Currently, the demand for medical robots is driven by growing demand for precise minimally invasive surgeries.
3. The neurology segment is expected to register the fastest growth in the medical robotics market during the forecast period.
4. In 2016, the market was estimated at $6.36 billion and North America held the highest share of the global medical robotics market.
5. During the forecast period, the market in Asia Pacific is predicted to grow at the fastest rate due to the availability of untapped market opportunities.