By 2018, the healthcare robot systems market is expected to be valued at $3.76 billion, according to a Markets and Markets news release.
In 2013, the system was valued at $1.78 billion. It is expected to grow at a compound annual growth rate of 16.1 percent over the next four years, according to the news release.
Part of the increase in robotic demand stems from an increase in minimally invasive surgeries, cost reduction efforts in pre- and post-operation care and lengths of stays. Additionally, robotic systems are being integrated with other clinical platforms, such as imaging platforms and telemedicine, which also helps drive demand, according to the news release.
While North America held the largest share of the global robotics market in 2013, Asia is expected to experience the fastest growth, according to the news release.
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