Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 27.66 Million | USD 173.08 Million | 22.6% | 2023 |
Zion Market Research has published a report on the global Medical Telepresence Robots Market, estimating its value at USD 27.66 Million in 2023, with projections indicating that it will reach USD 173.08 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 22.6% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Medical Telepresence Robots Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
Telepresence robots are intensely used as a key tool in clinical simulation and in introducing telehealth concepts to healthcare service providers. Reportedly, a large number of students in telehealth have demonstrated their preference for telepresence robots. Apart from this, the use of telepresence systems for simulating purposes generates a plethora of avenues for students in the medical sector to engage with patients even from remote distances. This will increase the popularity of telepresence robots in the near future. Additionally, medical telepresence robots are also utilized in medical training activities and the medical education domain.
With access to telepresence robots to off-site supervising doctors & other healthcare specialists, the medical telepresence robots market is predicted to display immense growth in the long run. The massive use of telepresence robots in medical intensive care units is anticipated to transform operations of the healthcare sector, thereby bringing a paradigm shift in the medical industry and contributing profusely to the medical telepresence robots market size. Apart from this, telepresence robots used in the medical industry will minimize the waiting period for patient admissions and medical procedures, thereby driving market trends.
Moreover, medical telepresence robot systems are also utilized for enhancing the well-being & health of elderly persons. This, in turn, will generate new growth avenues for the medical telepresence robots industry over the assessment period. Escalating the occurrence of chronic ailments along with the surging aging populace is predicted to steer product demand in the upcoming years. Prominent utilization of telepresence robots in the medical industry and product innovations & creation of medical robots will enhance the growth of the medical telepresence robots industry over the forecast timeframe.
Furthermore, the COVID-19 pandemic has boosted telepresence robots market demand over the forecast period. The rise in acceptance of telepresence robots in clinics and nursing homes will expedite business growth over the assessment period.
Report Attributes | Report Details |
---|---|
Report Name | Medical Telepresence Robots Market |
Market Size in 2023 | USD 27.66 Million |
Market Forecast in 2032 | USD 173.08 Million |
Growth Rate | CAGR of 22.6% |
Number of Pages | 120 |
Key Companies Covered | Amy Robotics, Blue Ocean Robotics, Ava Robotics Inc., Xandex Inc., InTouch Health, VGo Communications Inc., OhmniLabs, Inc., Guangzhou Yingbo Intelligent Technology Company Limited, and AXYN Robotics. |
Segments Covered | By Type, By End-User, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific Market To Register Fastest Growth Over 2024-2032
The growth of the medical telepresence robots industry in the Asia Pacific over the forecast period is due to supportive government schemes for promoting the use of robots. In addition to this, the surge in acceptance of telepresence robots in the healthcare sector in countries like China and Japan will steer the medical telepresence robots industry growth over the forecast period.
Key players profiled in the report and influencing the market growth are
By Type
By End-Use
By Region
FrequentlyAsked Questions
With access of telepresence robots to off-site supervising doctors & other healthcare specialists, the medical telepresence robots market is predicted to display immense growth in a long run. Massive use of telepresence robots in medical intensive care units is anticipated to transform operations of healthcare sector, thereby bringing paradigm shift in medical industry and contributing profusely towards medical telepresence robots market size. Apart from this, telepresence robots use in medical industry will minimize waiting period for patient admissions and medical procedures, thereby driving market trends.
Zion Market Research has published a report on the global Medical Telepresence Robots Market, estimating its value at USD 27.66 Million in 2023, with projections indicating that it will reach USD 173.08 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 22.6% over the forecast period 2024-2032.
Asia Pacific will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to supportive government schemes for promoting use of robots. In addition to this, surge in acceptance of telepresence robots in healthcare sector in countries like China and Japan will steer medical telepresence robots industry growth over forecast period.
The key market participants include Amy Robotics, Blue Ocean Robotics, Ava Robotics Inc., Xandex Inc., InTouch Health, VGo Communications Inc., OhmniLabs, Inc., Guangzhou Yingbo Intelligent Technology Company Limited, and AXYN Robotics.
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