During periods of heightened inflation the robotics market has historically seen strength. As labor cost rise companies focus on alleviating these costs by automating and using robotics. One of the largest periods of robotics demand was seen in the late seventies and early eighties when inflation was incredibly high.
The medical robotics space has seen the highest amount of M&A activity of the past 5 years and continues to be one of the most attractive investments in the robotics market. Next Move Strategy Consulting estimated the market size for medical robots to be around USD 10. 8 billion in 2021. The emerging trend is expected to continue with a CAGR of +17.1% until 2030.
Leaders in the mobile robotics market:
Intuitive Surgical
Procept Biorobotics
Accuray