Market Value - 5,921.09 Million USD | Hospital Logistics Robots Market to Progress at a CAGR 17.2% by 2032

Hospital Logistics Robots Market

The most recent study by Polaris Market Research, "Hospital Logistics Robots Market 2024 - 2032," was published. The research states that the market for Hospital Logistics Robots was estimated to be worth USD 1,420.34 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.2% to reach USD 5,921.09 million by 2032.

Hospital logistics robots are advanced robotic systems constructed to simplify and improve a range of logistical operations in healthcare structures. They are essential to maintaining smooth workflows, improving hospital operations' efficacy and efficiency, and ultimately raising the standard of patient care. Also, due to their innovative technology, which includes autonomous navigation systems, computer vision, machine learning, and artificial intelligence, hospital logistics robots can carry out a variety of activities with accuracy and precision.

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The primary players in the Hospital Logistics Robots Market continue to concentrate on delivering innovative solutions to satisfy the increasing need for automation in healthcare facilities.

Prominent Key Players of the Hospital Logistics Robots Market:

• Aethon
• BlueBotics
• Diligent Robotics Inc.
• JBT
• KUKA AG
• Locus Robotics
• Mobile Industrial Robots
• PAL Robotics
• Panasonic Holdings Corporation
• Relay Robotics, Inc.
• Sir Steward

The market outlook is promising, and the use of logistics robots is expected to increase in healthcare facilities in the coming years. By ensuring timely delivery of essential items and reducing waiting times, robots also contribute to enhancing the patient experience. The adoption of these robots can help healthcare providers deliver high-quality care while containing costs, enabling them to remain competitive in the increasingly demanding healthcare landscape.

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Hospital Logistics Robots Market Report Highlights

• The market witnessed the dominance of mobile robot platforms owing to their adaptability and versatility in automating a wide range of logistical tasks across healthcare facilities. These platforms have proven to be highly efficient and effective in streamlining hospital logistics, thereby enhancing overall operational efficiency and patient outcomes.
• The healthcare industry is witnessing a significant surge in demand for efficient and timely food delivery systems in hospitals, which has led to the growth of the food delivery application of hospital robots in the market.
• The Hospital Logistics Robots Market in North America experienced significant growth in 2023. The driving force behind this growth is the increased adoption of automation in healthcare facilities, which is mainly attributed to rising labor costs and the need for efficient and error-free operations.

The introduction of advanced robotic equipment in the healthcare industry, the rapidly expanding world's aging population, a lack of qualified nurses and other healthcare workers, and rising healthcare costs are all factors contributing to the expansion of the hospital logistics robots market growth.

Moreover, the market primarily represents two segments, including the type of application. Further, based on type analysis, the market has been divided into segments according to mobile robot platforms and autonomous guided vehicles. The mobile robot platforms sector led the Hospital Logistics Robots Market because of their adaptability and flexibility in automating a range of logistical operations in healthcare institutions. Also, based on the application classification study, the market has been divided into sectors according to the laboratory, delivery of food, laundry, sterile goods/surgical supplies, pharmaceuticals, and trash transportation.

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Polaris Market Research has segmented the Hospital Logistics Robots market report based on type, and application:

Hospital Logistics Robots, Type Outlook (Revenue - USD Million, 2019 - 2032)
 Autonomous Guided Vehicles
 Mobile Robot Platforms

Hospital Logistics Robots, Application Outlook (Revenue - USD Million, 2019 - 2032)
 Food Delivery
 Laboratory
 Laundry Delivery
 Pharmacy
 Sterile Goods/Surgical Supplies Delivery
 Waste Transportation

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This release was published on openPR.