Robotic Surgery Equipment Manufacturing Industry Expected to Reach $4.2B by 2016

The robotic surgery equipment manufacturing industry’s revenue is expected to increase at an average annual rate of 14.9 percent for the next five years, reaching $4.2 billion by 2016, according to an IBISWorld report and news release.

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From 2011 to 2012, revenue is expected to increase 21.1 percent to $2.6 billion. However, federal new regulations on excise tax and market approval processes could hinder the market’s growth.

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