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Healthcare Mobile Robots Market Expected to Achieve 19.2% CAGR by 2029: Growth Forecast Insights
Healthcare Mobile Robots
How Large Will the Healthcare Mobile Robots Market Size By 2025?
The market size for healthcare mobile robots has seen a swift expansion in the past few years. The market, currently valued at $4.79 billion in 2024, is expected to rise to $5.71 billion in 2025, recording a compound annual growth rate (CAGR) of 19.1%. The remarkable growth during the historic period is due to factors such as an expanding healthcare workforce, rising healthcare expenses, enhanced infection control measures, growing governmental and institutional backing, and a heightened emphasis on patient-oriented care.
How Big Is the Healthcare Mobile Robots Market Size Expected to Grow by 2029?
The market for healthcare mobile robots is projected to surge dramatically in the coming years, reaching a value of $11.53 billion by 2029, with a compound annual growth rate (CAGR) of 19.2%. This expected growth during the forecast period is a result of factors such as compatibility with electronic health records, customization, acceptance and training for users, environmental sustainability, and the increasing elderly population. Key trends anticipated in the forecast period encompass enhanced integration of AI and machine learning, system interoperability, telepresence with remote operation, health and biometric monitoring, and stringent cybersecurity provisions.
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Which Key Market Drivers Powering Healthcare Mobile Robots Market Expansion and Growth?
The burgeoning necessity for automation is forecasted to trigger the expansion of the healthcare mobile robot market. The term automation represents the implementation of technology, incorporating machinery, software, or robotics, to carry out functions or procedures with limited human input. The escalation in the usage of automation results from technological progress, amplified need for efficiency and output, and to alleviate labour shortages and curtail operational expenses. Expanding automation need in healthcare mobile robots to enhance tasks such as logistical backing and patient care directly, thereby amplifying operational efficacy and elevating patient outcomes. For instance, as per the International Federation of Robotics, a non-profit body grounded in Germany to foster, reinforce, and safeguard the global robotics sector, the installation count of industrial robots in Europe touched 72,000 units in 2022, depicting a growth of 6% from 2021. Consequently, the surge in automation necessity is fuelling the expansion of the healthcare mobile robot market.
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Which Fast-Growing Trends Are Poised to Disrupt the Healthcare Mobile Robots Market?
Prominent firms in the healthcare mobile robot market are concentrating on the creation of advanced technological solutions. These include robots that possess omnidirectional driving capabilities to heighten efficiency, augment safety, and streamline the distribution of medical necessities and apparatus in busy healthcare settings. These robots, which can navigate freely in all directions, simplify the transportation of medical provisions, drugs, and equipment in compact spaces. As an illustration, in March 2022, automation company Oceaneering International, based in the US, launched the UniMover D 100, UniMover O 600, and MaxMover CB D 2000 robots. The UniMover D 100, a small underride vehicle for transporting light goods, possesses a unique obstacle avoidance feature, making it a great choice for direct deliveries within healthcare facilities. Meanwhile, the UniMover O 600 leverages its omnidirectional driving abilities for improved maneuverability and is fit for moving bulk items like medical apparatus and pharmaceuticals in constrained spaces. On the other hand, the MaxMover CB D 2000 replaces traditional forklifts. It handles a variety of load types using exceptional maneuverability and a sophisticated control system, guaranteeing security within healthcare environments.
What Are the Emerging Segments in the Healthcare Mobile Robots Market?
The healthcare mobile robots market covered in this report is segmented -
1) By Type: Hospital Robots, Care Robots, Imaging Assistance, Rehabilitation And Mobility, Teleoperation And Telepresence Systems, Surgical Robots, Walking Assisting Robots, Other Types
2) By Component: Hardware, Software, Support And Service
3) By End-User: Hospitals, Ambulatory Surgical Centers, Rehabilitation Centers, Other End-Users
Subsegments:
1) By Hospital Robots: Delivery Robots, Disinfection Robots, Medication Management Robots, Pharmacy Robots
2) By Care Robots: Companion Robots, Elderly Care Robots, Personal Assistance Robots
3) By Imaging Assistance: Imaging Transport Robots, Imaging Guidance Robots
4) By Rehabilitation And Mobility: Mobility Assistance Robots, Rehabilitation Therapy Robots, Prosthetic And Orthotic Robots
5) By Teleoperation And Telepresence Systems: Remote Patient Monitoring Robots, Telehealth Robots, Telepresence Robots
6) By Surgical Robots: Robotic Surgery Systems, Minimally Invasive Surgical Robots, Robotic-Assisted Surgery Platforms
7) By Walking Assisting Robots: Exoskeletons, Bipedal Walking Robots
8) By Other Types: Autonomous Transport Robots, Cleaning And Maintenance Robots
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Who Are the Global Leaders in the Healthcare Mobile Robots Market?
Major companies operating in the healthcare mobile robots market are Toyota Motor Corporation, Panasonic Corporation, Midea Group, Medtronic plc, ABB Ltd., Stryker Corporation, GE Healthcare, Omron Corporation, Intuitive Surgical Inc., KUKA AG, Omnicell Inc., InTouch Health, SoftBank Robotics Group Corp., Kinova Robotics, Blue Ocean Robotics ApS, Vecna Robotics, Diligent Robotics Inc., Stereotaxis Inc., Aethon Inc., Cyberdyne Inc., Intuition Robotics, Ekso Bionics Holdings Inc., Xenex Ltd., VGo Communications Inc., Sumitomo Riko Company
Which are the Top Profitable Regional Markets for the Healthcare Mobile Robots Industry?
North America was the dominated region in the healthcare mobile robots market in 2024. The regions covered in the healthcare mobile robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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