The global healthcare robotics market is estimated to be valued at US$ 9,520 million in 2021 and is expected to exhibit a CAGR of 14.8% over the forecast period (2021-2028).
Figure 1. Global Healthcare Robotics Market Share (%), By Product Type, 2021
Figure 2. Global Healthcare Robotics Market Share (%), By End User, 2021
The increasing product launches and approvals are expected to drive the market growth over the forecast period.
For instance, in July 2018, Restoration Robotics, Inc., a privately held medical device company, launched ARTAS iX Robotic Hair Restoration System. This system is unique robotic intelligence solution that provides minimally invasive, repeatable harvesting, precise, and implantation features in one platform.
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