Robotics Market Research Reports, Analysis & Trends
In basic understanding, robotics industry in healthcare manufactures computer-controlled mechanisms that support the treatment of illness and injuries. Many manufacturers also provide installation and support services for robotics, which are included in revenue. The industry excludes patient-oriented services and teaching workshops, and robotic surgery equipment will continue to comprise a fast-growing segment of the medical device industry. Growing acceptance of minimally invasive surgery (MIS) will bolster industry demand, as surgeons require the equipment to perform complex procedures in tight spaces. While high regulations will likely inhibit profit margins and reduce innovation activity, the industry will experience substantial growth in the next five years.