Zhejiang Merchants Securities: The surgical robot industry is expected to have high growth, and it is expected that going abroad will generate sustained additional growth momentum.

Zhejiang Merchants Securities released a research report stating that with the increase in penetration rate and other factors, the market space for surgical robots is huge, and high growth in the industry can be expected. The firm believes that if the fee schedule is implemented, it may accelerate the entry of surgical robots into hospitals, and both laparoscopic and orthopedic surgical robots may enter a period of rapid growth by 2026. The overseas surgical robot market has vast market space and is experiencing rapid growth in market size. Top domestic companies are expected to see overseas growth in 2026 and are likely to form a sustained growth driver. Optimistic about the volume inflection point of domestic surgical robots under the catalysis of the implementation of the fee schedule and accelerated overseas expansion in 2026, as well as commercial surgical robot platform-type companies and upstream manufacturers with commercialization capabilities.