Medical technology innovator Microbot Medical has announced a strategic partnership with a prominent Boston hospital to conduct clinical trials of its revolutionary Liberty Surgical Robot. The collaboration aims to set new standards in surgical precision and patient outcomes by leveraging cutting-edge robotic technology, as reported by GlobalData, a leading data and analytics company.
GlobalData projects that the global market for robotic surgical systems and their accessories will reach $10 billion by the end of 2024, and expects the market to surge to $15.8 billion by 2030. This highlights the anticipated significant growth in the market. Several factors are anticipated to drive this expansion, including increasing demand from the growing elderly population seeking precise and minimally invasive surgical solutions, a focus on value-based healthcare to enhance surgical outcomes, and ongoing technological advancements that will lead to the development of more efficient and less invasive robotic surgical platforms.
Go deeper with GlobalData
Graysen Vigneux, medical analyst at GlobalData, comments: “Robotic-assisted surgeries offer a critical advantage over traditional procedures, including greater precision, reduced invasiveness and shorter recovery periods. Through their collaboration, Microbot Medical and the Boston hospital aim to deliver innovative robotic solutions that enhance the surgical process and patient care.”
Microbot Medical’s Liberty Surgical Robot integrates advanced robotic systems with intuitive control mechanisms, providing surgeons with enhanced dexterity and accuracy. The partnership seeks to validate the robot’s capabilities in a clinical setting, paving the way for broader adoption and integration into surgical practices.
Vigneux concludes: “The partnership between Microbot Medical and the Boston hospital signifies a major advancement in the field of surgical robotics. By leveraging advanced technology, this collaboration promises to redefine surgical precision and patient outcomes, setting a new benchmark for minimally invasive procedures.”
See Also:
This strategic alliance not only underscores the potential of integrating robotic technology into surgical practices but also demonstrates a commitment to advancing healthcare innovations. As the trials progress, Microbot Medical and the Boston hospital are poised to lead the way in providing groundbreaking solutions that enhance surgical accuracy and improve patient care globally.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
Related Company Profiles
Microbot Medical Inc