The growing need for effective patient monitoring and medication management is set to drive the size of the Worldwide revenue from the
The growing need for effective patient monitoring and medication management is set to drive the size of the Worldwide revenue from the sales of robotic nurse assistants. The revenue is estimated at US$ 1.2 billion in 2024 and is projected to increase at a CAGR of 13.4% to reach US$ 4.24 billion by 2034.
Medical robots are emerging as a vital technology in helping patients to carry out their care tasks. Robotic nurse assistants assist with daily activities, communicate, and monitor and access patients' medical records. Various kinds of robots are aiding healthcare facilities and patients in numerous ways. Radiotherapy and radiosurgery robots are some of the types of medical robots gaining high popularity due to their effectiveness in target tasks. High-definition robotic systems hold a major position in minimally-invasive surgeries.
The integration of digital technologies such as artificial intelligence (AI), the Internet of Things (IoT), machine learning (ML), precise analysis, and data analytics are boosting the capabilities of robotic nurse assistants. Key market players are investing heavily in research and development activities to produce cutting-edge medical robots.
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Key Takeaways from the Market Study:
“Rising trend of miniaturization is set to boost the sales of advanced robotic nurse assistants,” says a Fact.MR analyst.
Regional Analysis:
The presence of advanced healthcare infrastructure and strong medical device manufacturers is expected to boost the robotic nurse assistant market growth in North America. To improve workflow efficiency and patient care, several hospitals and clinics in North America are employing robotic nurse assistants.
Europe is considered as an early adopter. Being at the forefront in technological advancements, the European market for robotic nurse assistants is expected to increase at a high pace during the forecast period. To reduce the burden on healthcare facilities, medical robots are set to exhibit high demand in Europe. Several patients from different parts of the world visits Europe to get advanced treatment. The shortage of nurse staff is, therefore expected to generate lucrative opportunities for robotic nurse assistant manufacturers in Europe.
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More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the global robotic nurse assistant market, presenting historical demand data (2018 to 2023) and forecast statistics for the period (2024 to 2034).
The study divulges essential insights on the market based on product type (independent support robots, daily care & transportation robots, pharma automation robots) and end use (hospitals & clinics, senior care facilities, homecare settings), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).
Key Companies Profiled:
Hstar Technologies; Panasonic; Fraunhofer IPA; RIKEN-SRK; Diligent Robotics; Toyota Motor Corporation; SoftBank Robotics; Aethon
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Artificial intelligence (AI) refers to the simulation of human intelligence processes by machines, especially computer systems, enabling them to perform tasks such as learning, reasoning, and problem-solving.
The Internet of Things (IoT) is a network of interconnected devices that communicate and exchange data with each other over the internet, enhancing automation and efficiency in various applications.
Minimally-invasive surgeries are surgical procedures that use small incisions and specialized instruments, resulting in less pain, quicker recovery times, and reduced risk of complications compared to traditional surgeries.
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