New numbers from news reports show medical robots investments rising again. The last two years saw a steady drop. The record in 2021 was because of job losses from the pandemic. Now, 2024 might beat last year’s numbers.
In the first six months of 2024, $4.2 billion went into robots. Last year, the total was $6.8 billion. This year might beat that. The numbers are still far from 2021’s $17.7 billion and 2022’s $10.3 billion.
This rise shows recovery. The industry faced economic challenges and post-pandemic reopenings. But it is bouncing back.
The humanoids category is growing fast. Figure led with a $675 million Series B raise. This big amount made a difference. Another notable raise was by 1X, a Norwegian firm. They raised $100 million and have OpenAI as an early backer.
Medical robots also had a good year. Big rounds came from MMI and Rono Surgical. But labor replacement drives the biggest growth. Warehouses and factories need robots to fill jobs. They have trouble finding human workers.
These demands will stay. Excitement around AI keeps boosting robotic startups. Another pandemic might be needed to reach 2021 levels again.
Robot investments are recovering and growing strong. The future looks bright for this industry.
To read our article about “Robots will be able to fill 30% of the workforce gap by 2030” click here.
