The industrial robot market size is anticipated to surpass $5,282.40 million in 2023 and is likely to attain a valuation of $25,828.99 million by 2033. The industrial market share is projected to rise at a CAGR of 17.20 percent from 2023 to 2033.
Robotics are transforming patient care, surgical operations, and drug administration in the healthcare industry. For healthcare providers, this means better patient outcomes, fewer human mistakes, and more operational efficiency, contributing to cost savings and higher healthcare quality.
Some robots are being created that can comprehend and respond to human emotions. These robots can prove helpful in healthcare, therapy, and customer service, where emotional exchanges are critical. [Read more…] about Industrial robot market expected to grow to $26 billion by 2033