Healthcare robotics: Reasons why this sector will be 'explosive'

The disruptive industries of robotics, automation and artificial intelligence have come to the fore over recent years, with headlines commonplace, including driverless cars reducing road accidents, intelligent fridges doing your shopping and robots increasing crop yields.

But it is in healthcare where robotics and automation could bring some of the most interesting benefits to both society and investors. A recent report on the current state of the healthcare robotics market indicated the growth to come is predicted to be explosive: the current market of $4.1bn is expected to reach $13.9bn by 2023. What may be even more surprising is that, historically, analysts have far underestimated the true growth potential for the medical robotics market. AXA IM unveils global Robotech fund Just look at Intuitive Surgical - in 2003, analysts called the compa...