September 6, 2024

Why robotics represents a $24 trillion opportunity for investors

As labor costs rise and talent shortages persist, robotics is attracting unprecedented venture capital interest. Once seen as too slow and costly, the sector now benefits from lower hardware prices, scalable applications, and real-world demand across industries—from logistics to mental health.

Key takeaways:

  • $24T global revenue opportunity in robotics (ARK Invest, 2024)
  • $90B invested in robotics since 2019, including $12.9B in 2023 alone (F-Prime Capital)
  • Average robot cost fell from $68K (2005) to $27K (2017) — projected $10.8K by 2025
  • Medical robotics is expanding beyond surgery into mental health
  • Companies like Nuro ($2B in funding) and 1X Technologies ($100M raised) are shaping the future
  • Vertical robotics (e.g. wellness, agriculture, logistics) is one of the most profitable categories
“No one wants to undergo laser surgery with a robotic MVP. Robotics takes time — but that’s exactly why it's so valuable.” — Editorial from Robosculptor Insights