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Healthcare Mobile Robots Market Size

Report ID: GMI8273
Published Date: Feb 2024
Report Format: PDF

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Healthcare Mobile Robots Market Size

Healthcare Mobile Robots Market size was valued at around USD 3.8 billion in 2023 and is anticipated to register a CAGR of over 15.4% between 2024 and 2032. The burgeoning demand for automation and enhanced patient care within healthcare facilities, coupled with the persistent shortage of skilled nurses and healthcare staff, are anticipated to remain as pivotal factors propelling the market expansion.

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The growing demand for automation and enhanced patient care is anticipated to foster the market for healthcare mobile robots. These robots are capable of performing various tasks efficiently and accurately, including delivering medications, transporting supplies, and assisting with routine tasks including patient monitoring. By automating these tasks, hospitals and healthcare facilities can streamline their operations, enabling staff to focus on higher-value activities and ultimately improving overall efficiency and productivity.

Healthcare Mobile Robots Market Report Attributes
Report Attribute	Details
Base Year:	2023
Healthcare Mobile Robots Market Size in 2023:	USD 3.8 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	15.4%
2024 – 2032 Value Projection:	USD 13.4 Billion
Historical Data for:	2018 – 2023
No. of Pages:	80
Tables, Charts & Figures:	125
Segments covered:	Type, End-use, and Region
Growth Drivers:	Technological advancements in robotic equipment Growing demand for automation and improved patient care in healthcare facilities Shortage of skilled nurses and healthcare staff Increasing healthcare spending coupled with adoption of surgical robots
Pitfalls & Challenges:	High product and implementation cost Stringent regulatory process

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Furthermore, healthcare mobile robots offer the advantage of operating 24/7 without experiencing fatigue or taking breaks, unlike human staff. This continuous availability ensures that tasks are completed promptly, contributing to faster response times and enhanced patient care. Government initiatives aimed at advancing healthcare automation also contribute to market growth. For instance, the U.S. government's significant investment of approximately USD 1.8 trillion in healthcare in 2022 provides opportunities for further allocations towards automation efforts. Such initiatives create a favorable environment for the adoption and integration of healthcare mobile robots into healthcare facilities, thereby, driving market expansion and innovation in the sector.

Healthcare mobile robots are autonomous or semi-autonomous robotic systems specifically designed for use within healthcare settings to perform variety of tasks aimed at improving patient care, operational efficiency, and staff productivity.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global healthcare mobile robots industry was valued at around USD 3.8 billion in 2023 and is expected to reach around USD 13.4 billion by 2032, owing to the surging demand for automation and enhanced patient care within healthcare facilities, coupled with the persistent shortage of skilled nurses and healthcare staff.

The hospital robots segment of healthcare mobile robots industry is anticipated to reach USD 3 billion by 2032 as patient care aligns with the primary focus of healthcare facilities and contributes to their high demand.

North America healthcare mobile robots industry accounted for USD 2.1 billion in 2023 and is predicted to witness substantial growth through 2032, favored by the significant healthcare expenditure and technological innovation.

Toyota Motor Corporation, ABB Ltd., Omron Corporation, Medtronic plc, Mobile Industrial Robots, Nordson Corp., Teradyne Inc., Hangzhou ATEAGO Technology Co., Ltd, Awabot, Xenex Disinfection Services, LLC, Intuition Robotics, and Futronics Corporation.