The medical robotic systems market will grow at a rate of 20.2% in the years to come, to reach USD 56.5 billion by 2030.
The increasing requirement for robotic processes, increasing elderly population leading to the growing for elderly care, snowballing usage of automated pharmacy systems, and mounting healthcare and medical robotics spending are the main factors powering the industry.
Surgical robotic systems dominated the industry. This category will progress with fastest in the years to come, to be the largest.
The advance of the category is mainly credited to the growing requirement for minimally invasive robotic surgeries, which need lesser time and effort, as opposed to manual surgeries.
The medical robotic systems market in North America will be dominant in the years to come, evolving with the highest CAGR, as stated by P&S Intelligence.
The growth in the North America is because of the occurrence of giant players, well-structured healthcare, increasing requirement for minimally invasive surgeries, and backing by the administration for medical robots.
Also, market players are aggressively involved in strategic expansions and absorbed on raising funds, for establishing strong grounds in the sector.
The increasing use of automated pharmacy systems powers the growth of the market. It decreases the time for locating the agreed drugs in dispensaries and lets pharmacists and technicians to have extra time with the patients.
Its additional advantages contain the freeing up of space in the pharmacy, decreased dispensing errors, and lesser patient waiting time. As a result of such recompences, pharmacies are quickly accepting these systems, hence improving the industry growth.
The growing elderly people, all over the world has a lot to do with the continuously growing demand for medical robotics systems.