Press release
Telepresence Robots Market 2022 Size, Status and Industry Outlook 2027
The Telepresence Robots Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Telepresence Robots market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Telepresence Robots market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Telepresence Robots market.The telepresence robots market was valued at USD 165.4 million in 2020 and is expected to reach a value of USD 184.47 million by 2026, at a CAGR of 11.53% over the forecast period (2021 - 2026).
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Top Leading Companies of Telepresence Robots Market are - Ava Robotics Inc., Double Robotics Inc., AMY Robotics, Mantaro Product Development Services Inc., Inbot Technology Ltd, InTouch Technologies Inc. (Teladoc Health), Beam Telepresence ( Blue Ocean Robotics), VGo Communications Inc. (Vecna Inc.), Wicron Company, Endurance Robots and others.
Industry News and Updates:
- August 2019 - Beam, the remote-controlled telepresence robot, was acquired by Blue Ocean Robotics of Denmark. According to Blue Ocean Robotics they have only brought the IP, staff who work on Beam robots, hardware inventory and other related assets under their control.
- July 2019 -Toyota Research Insitute developed new telepresence robots for 2020 Olympics games that are equipped with a camera atop a large near lifesize display. Also, it has multiple 3D sensing systems, including two depth cameras and lidar at the base.
- January 2019 - OhmniLabs launched its latest telepresence robot, Ohmni Supercam. The telepresence robot features the highest resolution camera available in a telepresence robot, giving users the ability to see content on whiteboards and printed documents more clearly than other systems.
Key Market Trends:
Healthcare Industry to Drive the Market Growth
- Telemedicine is a rapidly growing technological advancement in the healthcare industry, which involves remote patient monitoring by using digital technologies, such as video conferencing tools, while fostering remote interaction of patients and the healthcare providers. The increasing adoption and popularity of telepresence robots in the healthcare industry is further aiding in the growth of telemedicine.
- Telepresence robotics aids in remote monitoring of patients in rural hospital settings where a medical specialist is physically unavailable, and the robot can be deployed to connect the patient with the healthcare provider. Also, in the home, a nurse can remotely connect and monitor the patient's recovery. Such technology adoption has resulted in quality health support being available to remote location. This has been further enabled by the rapid growth and advancement in the communications technology resulting in complete ecosystem aiding the growth.
North America is Expected to Hold a Major Market Share
- North America is estimated to have a significant demand for such robots, considering the strong network infrastructure and acceptance of new technologies. The region is also expected to be a key contributor to the technology, as it houses prominent telepresence robot vendors.
- The telepresence robots meant for commercial applications are currently priced premium, in the region, thus requiring high initial investments. The presence of critical supporting infrastructures, such as communication and power, makes it a more favorable market for the vendors to pitch in the products in the regional market.
Investigator Observers Strong Growth in Specific Regions:
- Europe Market (Germany, UK, France, Russia, Italy)
- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
- South America Market (Brazil, Argentina, Colombia)
- North America Market (United States, Canada, Mexico)
- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Telepresence Robots Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Telepresence Robots Market (%),2016 - 2026
- Telepresence Robots Market Share, By Brand
- Telepresence Robots Market Share, By Company
- Telepresence Robots Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Telepresence Robots Market Value Analysis & Forecast
- Promising Telepresence Robots Development by Major Companies
- Detailed Telepresence Robots Portfolio of the Major Companies
- Major Deals in the Telepresence Robots Market
- Major Companies Analysis
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We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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