Includes medical devices, implants, diagnostic, imaging software and portable therapies.

In the News: Surgical Robotics has led the way in venture capital funding in the healthcare industry. According to Pitchbook, Surgical Robotics raised over $860 million in 2023 and will continue to lead VC funding in 2024. The Surgical Robotics market is very attractive because it reduces the strain on labor costs and performs a service that has a high margin for healthcare providers. Pitchbook reports that the Surgical Robotics market is estimated at over $10 billion and is projected to double by 2030. Adoption of these technologies will take time and buy in from the surgeons. Long term sustainable capital will also be a key ingredient for successful start-ups.