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. Robotic surgery “remains in its infancy” 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…
Robotic Surgery Is Coming, But You Will Need To Wait A Bit: Goldman Sachs
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.