Telepresence Robot Market Poised to Jump 16.5%. CAGR by 2023

Global Telepresence Robot Market Report concludes complete industrial Study along with Regional Segment Analysis, Types of Services and properties, Demand Factors, Growth Prospects, Future scope with Forecast till 2023 based on Guidelines by Key service Providers and Experts.

Download Brochure of Telepresence Robot Market spread across 114 Pages, Profiling 20 Companies and Supported with Tables and Figures is now available at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1754857

Target Audience:
Raw material suppliers
Original equipment manufacturers (OEMs)
Technology, service, and solution providers
Intellectual property (IP) core and licensing providers
Suppliers and distributors
Government and other regulatory bodies
Forums, alliances, and associations
Technology investors
Research institutes and organizations
Analysts and strategic business planners
Market research and consulting firms

The telepresence robot market is expected to reach USD 312.6 million by 2023 from USD 145.8 million in 2018, at a CAGR of 16.5%. Players inthe telepresence robotmarket include Double Robotics (US), Inbot Technology (China), Suitable Technologies (US), Mantaro Networks (US), VGo Communications (UK), InTouch Technologies (US), Qihan Technology (China), Amy Robotics (China), Anybots (US), SuperDroid Robots (US), Ava Robotics (US), Camanio Care (Sweden), Wicron (Russia), Xandex (US), Rbot (Russia), AXYN Robotique (France), OhmniLabs (US), Swivl (US), Xaxxon Technologies (Canada), and Hease Robotics (France).

Get More discount on Telepresence Robot Market with Forecast, Analysis, Trends and Company Profiles at https://www.reportsnreports.com/contacts/discount.aspx?name=1754857 .

This growth can be attributed to the enhanced operational efficiency in enterprises due to the virtual meeting, high demand from the healthcare industry, and low cost due to the availability of supporting devices. However, technical complexities leading to operational failures restrict the growth of the telepresence robot market.

Mobile telepresence robots held larger market share in 2017
Mobile telepresence robots accounted for a larger share of the overall telepresence robot market in 2017. These robots can be moved from one place to another. In the consumer sector, especially in-homecare, it is widely used owing to its movable feature. Customers can use mobile telepresence robots from any place according to their convenience.

Market for healthcare application to grow at highest CAGR during forecast period
The market for healthcare applications is expected to grow at the highest CAGR during 2018–2023 Remotely controlled telepresence robots enable doctors to interact with their patients for consulting and training. Researchers have been developing telepresence robot that can be used for remote surgery to save lives and can be controlled by remote surgeons. The advantages of using remote surgery using telepresence robots include efficient operation, ability to isolate surgeons from infectious diseases, and low operational cost. These benefits are driving the overall telepresence market in the healthcare sector. The market for education applications is expected to grow at the second-highest CAGR during the forecast period.

Get purchase at https://www.reportsnreports.com/purchase.aspx?name=1754857

Americas was largest share holder in 2017,where as APAC would register highest CAGR during forecast period
The Americas accounted for a major share of the overall telepresence robot market in 2017. The Americas is the early adopter of all service robots for all the major applications, such as public relations, personal assistance and care giving, home care, enterprise, and education, which is resulting in the maximum demand for robots from this region.
The telepresence robot market is expected to grow at the highest CAGR in APAC from 2018 to 2023. The rising use of telepresence in large businesses and increasing need for high-quality visual communications are the reasons for the growing adoption of telepresence robots in APAC. The emergence of new technologies in APAC has increased the demand for innovative and user-friendly communications. Telepresence and robotics help individuals interact, share content, and record high-quality video, among other services, in real time.

The breakup of primaries conducted during the study is depicted below:
• By Company Type: Tier1= 55%, Tier 2= 20%, and Tier 3= 25%
• By Designation: C-Level Executives=75%and Directors = 25%
• By Region: Americas= 10%, Europe= 20%, APAC= 40%, and RoW= 30%

About Us:
ReportsnReports.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India
+ 1 888 391 5441
sales@reportsandreports.com

This release was published on openPR.