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Advances in artificial intelligence (AI), machine learning, 3D imaging, and robotic systems have led to the development of more sophisticated, responsive, and adaptable robots.
The global medical robots industry was valued at USD 12.8 billion in 2024 and is projected to grow at a 16.6% CAGR from 2025 to 2034, driven by increasing automation in healthcare and rising demand for minimally invasive surgeries.
The North America medical robots market recorded USD 7.8 billion in 2024, supported by significant healthcare expenditure, government initiatives, and growing awareness of chronic diseases.
The surgical robots segment generated USD 8.1 billion in revenue in 2024, as these robots enable precision in minimally invasive procedures, reducing blood loss, postoperative pain, and recovery time.
Key players in the market include ACCURAY, Aethon, ARxIUM, Capsa Healthcare, Globus Medical, Hocoma, Intuitive Surgical, Johnson & Johnson, Medtronic, Omnicell, Reinshaw, and Smith & Nephew.