Lowest Mkt Cap
#42 of 49
$7 B
Highest CAGR
#9 of 49
25 %
Healthcare robotics are being developed for a variety of applications, including surgery, rehabilitation, and elder care. Surgical robots can perform minimally invasive procedures with greater precision, while rehabilitation robots can help patients regain mobility after injury. The first medical robot, called the Unimate, was created in 1954 to assist with surgeries.
0 FDA approvals in Healthcare Robotics
Improved Surgical Outcomes
"Robotic surgery can provide greater precision and accuracy, leading to improved surgical outcomes and reduced recovery times." - Robotics Business Review, October 2021
Reduced Risk of Infection
"Robotics can be used for disinfection and cleaning, reducing the risk of infection transmission in settings." - HealthTech Magazine, November 2021
Improved Care for Elderly and Disabled Patients
"Robotics can help improve care for elderly and disabled patients by assisting with mobility, personal hygiene, and other activities of daily living." - Healthcare Information and Management Systems Society, January 2022
Investor sentiment
MarketsandMarketsJune 2021
"...The global robotics market is expected to grow at a CAGR of over 25% during the forecast period 2021-2026, driven by the increasing adoption of robotics solutions in for surgical assistance, rehabilitation, and patient monitoring, and the growing need for precision and minimally invasive services."
ResearchAndMarketsJune 2021
"...The global robotics market is expected to reach $22.8 billion by 2027, driven by the increasing adoption of robotics solutions in for surgical assistance, rehabilitation, and patient monitoring, and the growing demand for intelligent and collaborative robots."
Sector leaders
Intuitive Surgical Inc.
Intuitive Surgical is one of the pioneers of robotic-assisted surgery, with their da Vinci Surgical System leading the field in minimally invasive surgery.
Medtronic
Medtronic has been developing surgical robots since 2013, with their latest product, the Hugo RAS system, being the first fully-integrated robotic-assisted surgical system.
Stryker
Stryker is a leader in the medical technology industry, with their Mako robotic-arm assisted surgery system being used for total hip replacement, partial knee replacement, and total knee replacement.
