Underdeveloped field

The World Health Organization estimated that over 1 in 3 people are affected by neurological conditions. A study published in the Journal of Neurosurgery in 2018 estimated that every year, 22.6 million patients worldwide suffer from neurological conditions, and 13.8 million need surgery.

The field remains underdeveloped because of a shortage of specialists and costly equipment, Liu explains.

Neurosurgery remains an untapped niche market, he adds, noting a paradigm shift toward minimally invasive neurosurgery and the new generation's growing acceptance of tech-assisted treatment.

Chan says AI-powered systems could revolutionize treatment for currently inoperable conditions.

According to a report by The Insight Partners, the value of the global surgical robotics market is projected to reach $28.54 billion by 2031 from $10.25 billion in 2023, at a compound annual growth rate of 13.7 percent.