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Research Report with COVID-19 Forecasts – Educational Robots Market 2020-2024 | Emergence of Startups in Global Educational Robot to Boost Growth | Technavio


Technavio has been monitoring the educational robots market and it is poised to grow by 590.82 thousand units during 2020-2024, progressing at a CAGR of almost 28% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BLUE FROG ROBOTICS & BUDDY, fischerwerke GmbH & Co. KG, Innovation First International Inc., LEGO System AS, Makeblock, Modular Robotics Incorporated, PAL Robotics, Pitsco Inc., ROBOTIS Co. Ltd., and SoftBank Group Corp. are some of the major market participants. The emergence of startups in global educational robot will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Emergence of startups in global educational robot has been instrumental in driving the growth of the market.

Educational Robots Market 2020-2024: Segmentation

Educational Robots Market is segmented as below:

  • Product
    • Pre-configured Educational Robots
    • Reconfigurable Educational Robots
    • Humanoid Educational Robots
  • Geography
    • North America
    • APAC
    • Europe
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample:

Educational Robots Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our educational robots market report covers the following areas:

  • Educational Robots Market Size
  • Educational Robots Market Trends
  • Educational Robots Market Industry Analysis

This study identifies decline in the price of educational robots as one of the prime reasons driving the educational robots market growth during the next few years.

Educational Robots Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the educational robots market, including some of the vendors such as BLUE FROG ROBOTICS & BUDDY, fischerwerke GmbH & Co. KG, Innovation First International Inc., LEGO System AS, Makeblock, Modular Robotics Incorporated, PAL Robotics, Pitsco Inc., ROBOTIS Co. Ltd., and SoftBank Group Corp. Backed with competitive intelligence and benchmarking, our research reports on the Educational Robots Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Educational Robots Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist educational robots market growth during the next five years
  • Estimation of the educational robots market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the educational robots market
  • Analysis of the markets competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of educational robots market vendors

Table Of Contents:

Executive Summary

Market Landscape

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product by Volume

  • Market segments
  • Comparison by Product by volume placement
  • Pre-configured educational robots – Market size and forecast 2019-2024 (thousand units)
  • Reconfigurable educational robots – Market size and forecast 2019-2024 (thousand units)
  • Humanoid educational robots – Market size and forecast 2019-2024 (thousand units)
  • Market opportunity by Product by volume

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • fischerwerke GmbH & Co. KG
  • Innovation First International Inc.
  • LEGO System AS
  • Makeblock
  • Modular Robotics Incorporated
  • PAL Robotics
  • Pitsco Inc.
  • ROBOTIS Co. Ltd.
  • SoftBank Group Corp.


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: [email protected]



CytoSorbents Launches International Campaign to Raise $100,000 for the Global Humanitarian Organization, CARE


MONMOUTH JUNCTION, N.J., Dec. 3, 2020 /PRNewswire/ — CytoSorbents Corporation (NASDAQ: CTSO), a critical care immunotherapy leader that is commercializing its CytoSorb® blood purification technology to treat deadly inflammation in critically ill and cardiac surgery patients around the world, announces the launch of its international fundraising campaign to raise $100,000 to benefit the global, not-for-profit humanitarian organizations CARE. The international campaign, which begins today and runs through January 31, 2021, commemorates a major company milestone of having cumulatively shipped more than 100,000 CytoSorb cartridges worldwide.  As part of its commitment, CytoSorbents will provide a 1:1 match for all donations contributed to the campaign, until the target is reached.  All funds raised will go directly to CARE's COVID-19 Emergency Fund that will fund programs such as sanitation, disinfectants, and education to prevent the spread of COVID-19 and other diseases.

For 75 years, CARE has worked around the globe to save lives, defeat poverty, achieve social justice, and create better lives for many of the world's most vulnerable people.  In 2020, CARE worked in over 100 countries, reaching more than 90 million people through 1,300 projects.  CARE's programs focus on humanitarian aid in natural disasters, helping to fight hunger and malnutrition, improving the well-being of mothers and children, promoting sanitation and good hygiene to prevent the spread of diseases like COVID-19, and supporting the education of young girls and the safe and fair labor of women.

Dr. Phillip Chan, Chief Executive Officer of CytoSorbents stated, “CytoSorbents is an international company working to save the lives of critically ill patients, including those with severe COVID-19 illness, across 66 countries worldwide.  Because of this, we are pleased to support CARE in its like-minded mission to improve the lives of those in greatest need.   CytoSorbents is proud to provide a 1:1 match on the anticipated generous donations from our network of employees, investors, partners, customers, and other supporters from around the world, with the goal of raising $100,000 for CARE and its COVID-19 Emergency Fund.  Since most of the countries we serve are also supported by CARE, this fundraising campaign will provide an opportunity to give back to many of our own communities.  Please join us in supporting this worthy cause during the holiday season.”

To participate in this donation-matching campaign, individuals can donate to CARE through the following CytoSorbents link:  (which can also be found on the CytoSorbents' website) through January 31, 2021. 

About CytoSorbents Corporation (NASDAQ: CTSO)

CytoSorbents Corporation is a leader in critical care immunotherapy, specializing in blood purification. Its flagship product, CytoSorb® is approved in the European Union with distribution in 66 countries around the world, as an extracorporeal cytokine adsorber designed to reduce the “cytokine storm” or “cytokine release syndrome” that could otherwise cause massive inflammation, organ failure and death in common critical illnesses. These are conditions where the risk of death is extremely high, yet no effective treatments exist. CytoSorb® is also being used during and after cardiac surgery to remove inflammatory mediators that can lead to post-operative complications, including multiple organ failure. CytoSorb® has been used in more than 110,000 human treatments to date.  CytoSorb has received CE-Mark label expansions for the removal of bilirubin (liver disease), myoglobin (trauma) and both ticagrelor and rivaroxaban during cardiothoracic surgery.  CytoSorb has also received FDA Emergency Use Authorization in the United States for use in critically ill COVID-19 patients with imminent or confirmed respiratory failure, in defined circumstances.  CytoSorb has also been granted FDA Breakthrough Designation for the removal of ticagrelor in a cardiopulmonary bypass circuit during emergent and urgent cardiothoracic surgery.

CytoSorbents' purification technologies are based on biocompatible, highly porous polymer beads that can actively remove toxic substances from blood and other bodily fluids by pore capture and surface adsorption. Its technologies have received non-dilutive grant, contract, and other funding of more than $38 million from DARPA, the U.S. Department of Health and Human Services, the National Institutes of Health (NIH), National Heart, Lung, and Blood Institute (NHLBI), the U.S. Army, the U.S. Air Force, U.S. Special Operations Command (SOCOM), Air Force Material Command (USAF/AFMC), and others. The Company has numerous products under development based upon this unique blood purification technology protected by many issued U.S. and international patents and multiple applications pending, including ECOS-300CY™, CytoSorb-XL™, HemoDefend-RBC™, HemoDefend-BGA™, VetResQ™, K+ontrol™, ContrastSorb, DrugSorb, and others.    For more information, please visit the Company's websites at and or follow us on Facebook and Twitter.

Forward-Looking Statements

This press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions, including statements regarding our expectations about our cash runway, the advancement of our trials, our plans to initiate new trials, our goals to develop and commercialize CytoSorb and the timing thereof, the potential impact of COVID-19 on our operations and milestones,  and are not historical facts and typically are identified by use of terms such as “may,” “should,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue” and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements in this press release represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those in the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, risks discussed in our Annual Report on Form 10-K, filed with the SEC on March 5, 2020, as updated by the risks reported in our Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, and in the press releases and other communications to shareholders issued by us from time to time which attempt to advise interested parties of the risks and factors which may affect our business. We caution you not to place undue reliance upon any such forward-looking statements, particularly in light of the current coronavirus pandemic, where businesses can be impacted by rapidly changing state and federal regulations, as well as the health and availability of their workforce. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, other than as required under the Federal securities laws.

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Cytosorbents Contact:
Amy Vogel

Investor Relations


[email protected]


Investor Relations Contact:

Jeremy Feffer

LifeSci Advisors


[email protected]


Public Relations Contact:

Eric Kim

Rubenstein Public Relations


[email protected]


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UST Global Wins Business Culture Award 2020 for Best International Initiative


– Award celebrates the best of business culture, recognizing transformational work 

BENGALURU, India, Dec. 3, 2020 /PRNewswire/ — UST Global, a leading digital transformation solutions company, announced that it won the prestigious Business Culture Awards 2020 for 'Best International Initiative for Business Culture.' The awards, announced at a virtual event on November 25th, celebrate forward-thinking companies that have created outstanding work-environments, enabling their employees to perform to their very best, facilitating exceptional business performance and customer delivery.


UST Global was chosen by the judges for its robust, structured, and dedicated approach to company culture and commitment to the employee experience. Of note, were the corporate social responsibility (CSR) initiatives led by UST employees during the lockdown and employee engagement framework called COLORS, which connects 'USsociates' across all 25 countries with a sense of purpose and belonging.

“We are humbled by this prestigious recognition which is a true testament to the values and culture at UST. We integrate our business of technology and its impact to help create more inclusive societies that offer more opportunities to the people,” said Sunil Balakrishnan, Chief Values Officer and Global Head for Development Center Operations, UST Global, “We are incredibly proud to be recognized for our company culture, and for the unique innovations in employee engagement that make us who we are and help us deliver value to our clients.”

Evaluating the nominations, one of the judges commented, “UST has clearly demonstrated a strong, structured, and dedicated approach to employee engagement and positive business culture. The results that have been achieved through the many Value Partners are remarkable with great feedback coming through. The way the teams regularly connected with many employees and drove numerous engagement initiatives throughout the period of lockdown to help support well-being through connection and belonging is fantastic. Well done UST!”. 

Another judge remarked, “This entry demonstrates the importance of employees and is an insight to a best practice for future organizations. It would be terrific to hear more about how the Values Continuity Program comes to life during the pandemic crisis.”

UST Global is recognized by Great Place to Work™, the world's foremost authority on workplace culture, in India, UK, and US. The company was also honored with a Glassdoor Employees' Choice Award, for being one of the Top 100 Best Places to Work in 2020.

For more information about the Business Culture Awards please visit:

To know more about UST Global's Values and Culture visit:

About UST Global

UST Global is a technology partner dedicated to transforming businesses, communities, and the people who live within them. Operating in 25 countries, we deliver future-ready digital transformation strategy services, products, and platforms that create new possibilities and help you imagine what's next in banking and finance, healthcare, retail, manufacturing, semiconductor, technology and media. But what matters most is the deep partnership we forge with you to solve the unique challenges you face today, while preparing you for tomorrow. That's us together. That's UST Global. Visit us at   

Media Contacts, UST Global:
Tinu Cherian Abraham
+1 (949) 415-9857

Neha Misri
[email protected]




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Cola Wealth Advisors Pitches in to Bring Thanksgiving Meals to the Hungry


COLUMBIA, S.C., Dec. 2, 2020 /PRNewswire/ — Rick Mantei and the team at Cola Wealth Advisors are doing their part to ensure that those in need in Columbia don't go hungry this Thanksgiving.

Although the holiday means gatherings of families and friends (even if via Zoom this year) and lots of food for many Americans, for more than 100,000 children in South Carolina, it means just another day of hunger.

As in years past, Cola Wealth Advisors is donating to Harvest Hope Food Bank in Columbia. And this year the team is asking its clients to help with the cause.

As South Carolina's largest food bank, Harvest Hope provides over 50,000 meals a week to individuals and families in need across 20 counties. According to the nonprofit group, 1 in 6 people in South Carolina don't have enough to eat. Harvest Food rescues food items from grocery stores and collects donated food to distribute through churches, food pantries, shelters, and soup kitchens around the state. It has established emergency food pantries in Greenville and Columbia to provide food to anyone in need. Its mission is to ensure that anyone facing hunger can find relief, whether it is a short-term need in a time of hardship or an ongoing situation.

Through the third week of November, Cola Wealth Advisors will have a donation bin in the lobby of its Lexington office, 4580 Sunset Boulevard, Columbia, for its clients to help the team help our neighbors in need. All dry and canned goods will be happily accepted.

For more information about Harvest Hope and to learn about more ways you can help, visit, where you can also make a monetary donation. From our family to yours, we wish you a safe and plentiful holiday, and we thank you for your generosity in helping give others the gift of Thanksgiving.

Rick Mantei is the owner and founder of Cola Wealth Advisors. Securities and advisory services offered through Centaurus Financial, Inc., a member of FINRA and SIPC and a Registered Investment Advisor. Cola Wealth Advisors and Centaurus Financial, Inc. are not affiliated. With the help of Kathy NishnicAtul MakhariaLisa Mantei, Matt Hawkins and Cindy Chiellini, the team assists more than two thousand families in achieving their financial goals. For more information, please visit

Contact: Erin Miller,803-748-7666, [email protected]


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SOURCE Cola Wealth Advisors

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