Apr 03 2018
Robotics Business Review
The recent FDA clearance for Auris Health, formerly known as Auris Surgical Robotics, brings to light the immense opportunity for the surgical robotics market as it continues to grow. According to the article, the competition is growing, and the global surgical robotics market could reach $12.6 billion by 2025. The article also highlights the importance of collaboration between the robotics companies and hospitals to allow for full adoption of surgical robots.
Excerpts from the article:
“The market for surgical robots continues to show massive growth as companies invest more money and resources into creating platforms that can help doctors more efficiently and accurately perform procedures.”
“Smith said the emergence of new companies in the short term could reduce costs and stimulate competition among robot companies, especially those that compete for the same procedures.”