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Hospital Robots Market Size, Share, Growth, Trends And Industry Forecast 2023-2032 | McKesson Corporation, Johnson and Johnson, Siemens Healthineers, Yujin Robot, Medtronic PLC

Hospital Robots Market Report

Hospital Robots Market Report

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Hospital Robots Global Market Report 2023 identifies increasing healthcare automation as the major driver for the hospital robots market's growth in the forecast period. Increasing healthcare automation is expected to propel the growth of the hospital robot market going forward. Healthcare automation refers to using technology and software to streamline and optimize various processes in the healthcare industry. Hospital robots are used in healthcare automation to assist surgeons in minimally invasive procedures in operating rooms.

The hospital robots market size has grown rapidly in recent years. It will grow from $1.75 billion in 2023 to $2 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. The growth in the historic period can be attributed to shortage of healthcare professionals, increasing elderly population, rising demand for minimally invasive surgery, demand for patient safety,.

The hospital robots market size is expected to see rapid growth in the next few years. It will grow to $3.42 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%. The growth in the forecast period can be attributed to telemedicine growth, government initiatives, growing demand for rehabilitation robots, increasing demand for surgical robots, growing demand for image-guided surgery, growing awareness of the benefits of hospital robots. Major trends in the forecast period include advancements in artificial intelligence (AI) and machine learning (ML), adoption of 5G technology, ai-driven personalized healthcare, robotics process automation (RPA), iot integration, robotic sterilization and cleaning, patient data security.

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Major competitors in the hospital robots market are McKesson Corporation, Johnson and Johnson, Siemens Healthineers, Yujin Robot, Medtronic PLC.

A key trend in the hospital robots market includes elevator technology. Major companies operating in the hospital robot market are increasing their focus on introducing hospital delivery robots with elevator technology to maximize their revenues in the market. Elevator technology is a solution used in hospital robots to enable them to move efficiently and quickly between floors. For instance, in June 2023, Relay Robotics Inc., a US-based robotics solutions company, launched RelayRx for healthcare. RelayRx is a hospital delivery robot introduced to address nursing shortage. These robots help transport hospital supplies such as test specimens, drugs and equipment, ensuring safe passage through congested hospital settings with improved navigational capabilities and chain-of-custody security features. It can move freely throughout a hospital, linking areas such as the pharmacy and blood bank with patient rooms in an average of seven minutes using Relay's proprietary elevator technology.

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The hospital robots market is segmented -
•By Product Type: Autonomous Mobile Robots, Disinfecting or Sterilization Robots, Laboratory Robots, Pharmacy Robots
•By Deployment: Laparoscopy, Pharmacy Applications, Orthopedic Surgery, External Beam Radiation Therapy, Physical Rehabilitation, Neurosurgery, Other Deployments
•By End User: Hospitals, Ambulatory Surgery Centers, Rehabilitation Centers, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the hospital robots market.

The Business Research Company's "Global Hospital Robots Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Hospital Robots Market Include:
1. Executive Summary
2. Hospital Robots Market Characteristics
3. Hospital Robots Market Trends And Strategies
4. Hospital Robots Market - Macro Economic Scenario
5. Global Hospital Robots Market Size and Growth
……
32. Global Hospital Robots Market Competitive Benchmarking
33. Global Hospital Robots Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Hospital Robots Market
35. Hospital Robots Market Future Outlook and Potential Analysis
36. Appendix

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