Disinfection Robots Market Growing at a CAGR of 15% and Reach Valuation $2.79 billion over the Forecast Year (2022 to 2032) | Nevoa Inc., Ultraviolet Devices, Inc., Rubedo sistemos, Blue Ocean Robotics Norway AsP

The spread of SARS-CoV-2 and the COVID-19 pandemic have put a strain on the availability of conventional disinfectants, which has caused a surge in demand from businesses and institutions for disinfection robots. A new research from Persistence Market Research estimates that the Disinfection Robot Market will reach US$ 1 billion by 2020 and will grow at a CAGR of more than 15% over the next five years (2021-2031).

These robots are being used more and more to provide immediate decontamination of all surfaces in public spaces and private spaces, and as such, they appear to be a desirable alternative to hiring cleaning services. Robotic disinfection systems might be a supplement to hospital cleaning services rather than a replacement at this time.

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Market Study Analysis
• By 2031, ultraviolet light robots are anticipated to have more than 90% of the market's revenue, growing at a CAGR of 16%. (2021-2031).
• With the aid of UV disinfection technology, fully autonomous robots are quickly gaining market share. By 2021, they are expected to account for more than 80% of the global market, growing at a CAGR of over 15%.
• Due to growing awareness of the need to stop the transmission of illnesses, the hospital sector accounted for more than 60% of the market among all end users.
• Due to higher adoption of technologically advanced systems in healthcare facilities and a higher concentration of disinfection robot manufacturers in the region, North America held a significant portion of the global market in 2020, and a similar trend is anticipated to continue during the forecast period.
• To increase their market share, manufacturers regularly engage in portfolio expansion and partnership with several businesses.
• During the projected period, "growing demand to lower the risk of infection spread at healthcare institutions along with increasing technological improvements in disinfection services are expected to support market growth."

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Competition Research Analysis
Key business players are vying for a sizable market share and concentrating on mergers, partnerships, product launches, and collaborations to give customers access to innovative technologies in both new and existing disinfection robots. In order to stop the coronavirus from spreading, numerous start-up businesses have joined the market.
Leading players and major manufacturers are collaborating to expand their product portfolios internationally.

For instance, to assist China during the COVID 19 epidemic, the Danish business UVD Robots obtained a contract with Sunay Healthcare Supply in February 2020. In all Chinese provinces, these robots were used to provide sanitation services.

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