Market Intel: Medtech Giants Ready To Battle Frontrunner Intuitive Surgical In 'Soft Surgery Robotics'

The global market for robotic surgery systems is expected to reach $9.7bn by 2023. With medtech giants Medtronic, Johnson & Johnson and Zimmer Biomet launching robotic platforms in 2020, this market is set for a major shakeup.

Da Vinci Surgery. Robotic Surgery. Medical operation involving robot.

The global market for robotic surgery systems is expected to see double-digit, year-on-year growth, reaching more than $9.7bn by 2023. Pioneering robotics surgery firm Intuitive Surgical Inc. continues to dominate the overall robotics surgery market, accounting for more than $3.7bn in sales of its da Vinci systems, instruments and accessories.

This year, however, several major medtech players, Medtronic PLC, Zimmer Biomet Holdings Inc. and Johnson & Johnson Medical Inc., as well as smaller companies like CMR...

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