smith & nephew
Robotic Surgery Is Coming: Goldman Sachs
Society is reaching an automation inflection point as robotic surgery is set to introduce cost reductions and quality improvement to a sector where a highly skilled and educated workforce is the largest expense. The move comes as a demographic retirement bubble approaches. Robotics hit an inflection point in 2015, growing 43% year-over-year, a Goldman Sachs report noted. The market for robotics, however, "remain(s) in its infancy" and is set to grow from 200 million to 930 million by 2020. That growth is likely to introduce robots into surgery, and in so doing revolutionizing medical field automation.