The adoption of robotics in the medical field is growing rapidly, with the market for robotic surgical systems expected to reach $10 billion in 2024, driven by advancements in AI and minimally invasive procedures that improve patient outcomes and efficiency.

Key technologies include AI-powered surgical robots, service robots for routine tasks, and telesurgery, enhancing precision and expanding access to care​.

This growth is most notable in North America and Europe but is also expanding in Asia Pacific and Latin America due to increased investments in healthcare infrastructure.

One segment of this field has our attention this month:

The robotic radiotherapy market is projected to almost double by 2028.

A small-cap stock name is benefitting from this technology revolution, most recently surging +52% higher following its last earnings report.

Here's why we think it's just getting started...

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