Delivery Robot Market Size

Delivery Robot Market Size

Delivery Robot Market size was valued at more than USD 500 million in 2022 and is predicted to record over 25% CAGR from 2023 to 2032. Advancements in robotics and the entry of new players are expected to influence industry growth over the coming years.

The healthcare sector is steadily deploying delivery robots in its operations. Compared to regular deliveries, autonomous delivery robots used in healthcare applications offer several features, such as low-noise motors, hygienic conditions, and smoother navigation. Previously, robots were used in a few healthcare facilities to treat children. They facilitate the swift acquisition of the supplies required by medical staff. Robotics manufacturer such as Aethon offers robots for use in medical settings. These robots are used to quickly acquire and distribute medical supplies as well as assist healthcare facilities by delivering a variety of logistical items and lab samples to necessary locations.
 

New businesses in the industry are facing major obstacles in entering the market due to the rising need for a robust production infrastructure and high working capital. Companies need a large facility to perform product development and testing, which demands hefty initial investments in infrastructure. To improve productivity and shorten production times, organizations must implement autonomous technology like warehousing robots, artificial intelligence, and machine learning. These technologies help the business maintain its sustainability and competitiveness but also raise the initial setup expenses.