The global market for medical robotics and computer-assisted surgical technologies is projected to reach $4.6 billion in 2019, according to a report from BCC Research.
Here are five things to know about the market:
1. The market is expected to s expected to grow to $4.6 billion, with a five-year compound annual growth rate of 7 percent. Factors affecting market growth include a steadily aging global population and increasing demand for minimally invasive surgical procedures such as heart and orthopedic surgery.
2. The United States is expected to account for nearly 75 percent of the market by 2019; however, the fastest-growing market is the Asia-Pacific region, which will grow at a compound annual growth rate of 13.4 percent.