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Hospital Robots Market Size
Hospital Robots Market size reached over USD 1.5 billion in 2022 and is expected to showcase 13.5% CAGR during 2023-2032 owing to increasing healthcare automation.
Rapid automation of healthcare facilities will positively affect the hospital robots industry trends. Over the past decade, the digital transformation of the healthcare sector has prompted the adoption of automated technologies. Hospitals and pharmacies are leveraging recent breakthroughs such as automated pill counters, robotic dispensing machines, and barcode scanners to enhance day-to-day operations. Such technological advancements are helping reduce the risk of manual errors in medication dispensing thus improving patient safety.
With emerging economies investing heavily in strengthening healthcare infrastructure and the establishment of modern and fully-equipped hospitals and medical centers, the development for hospital robots is set to rise. Hospital robots have emerged as a popular way to perform an array of healthcare operations, speeding up delivery, supply, and disinfection. Furthermore, advancements in autonomous mobile robots (AMRs) are eliminating the need for manual interventions across complex tasks.
| Report Attributes | Details |
|---|---|
| Base Year: | 2022 |
| Market Size in 2022: | USD 1.5 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 13.5% |
| 2032 Value Projection: | USD 5.3 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 130 |
| Tables, Charts & Figures: | 193 |
| Segments covered: | Product Type and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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High costs associated with the procurement of these technologies may restrict hospital robot adoption. The rising prevalence of chronic diseases and infectious diseases has compelled several healthcare facilities to deploy automated systems to better deal with the growing patient burden. However, these devices are expensive due to the use of sophisticated software and hardware tools. This is making product penetration more challenging across underdeveloped economies with a lack of capital aid and healthcare funding.
Hospital Robots Market Analysis
Pharmacy robots segment is likely to reach over USD 3.5 billion by 2032. Pharmacy robots are experiencing an uptick in demand owing to ongoing efforts toward automation of hospitals, and pharmacies. These robots offer a myriad of benefits including improved inventory management, greater efficiency, and minimal risk of errors while dispensing medication. Also, these robots can effectively handle a massive volume of prescriptions, enabling pharmacies to efficiently manage operations and serve patient needs.
North America hospital robots market is foreseen to garner over USD 2 billion by 2032 due to the robust footprint of leading industry players. The continually expanding patient pool of chronic diseases and the growing awareness regarding the benefits of advanced mobile robots in patient care will complement industry growth. Moreover, governments and health agencies in the region are introducing favorable initiatives and extensive infrastructure spending to provide access to advanced diagnostics and treatment. The growing healthcare expenditure along with hefty government investments will drive the progression of the hospital robots industry in the region.
Hospital Robots Market Share
Some of the key companies include:
- ABB Group
- Advanced Mechatronics Solutions
- Aethon
- Analytik Jena GmbH
- Becton Dickinson
- BLUE OCEAN ROBOTICS
- Capsa Healthcare
- Cyberdyne
- Innovative Associates
- KUKA AG
- McKesson Corporation
- Omnicell
- Shenzhen Han's Robot Co., Ltd
- Time Medical Holding
- Unipin Robotics Co., Ltd
- Xenex Disinfection Services Inc
- Yujin Robot.
Recent Developments:
- December 2022: Omnicell, Inc., acquired ReCept Holdings, Inc a leading manufacturer of advanced pharmaceutical & robotic devices, to expand their product offerings and cater to specialty healthcare needs.
- July 2022: ABB announced the expansion of its FlexPicker® Delta robot portfolio with the introduction of IRB 365 for an array of applications including pharmaceuticals, consumer goods, and F&B.
Hospital robots market research report includes an in-depth coverage of the industry with estimates & forecast in terms of USD Million & Units from 2018 to 2032, for the following segments:
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By Product Type
- Autonomous Mobile Robots
- Disinfecting/Sterilization Robots
- Ultraviolet (UV)-C radiation
- Hydrogen peroxide vapor (HPV)
- Laboratory Robots
- Pharmacy robots
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Belgium
- Sweden
- Switzerland
- Netherlands
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Indonesia
- Singapore
- Thailand
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- MEA
- South Africa
- Saudi Arabia
- UAE
- Egypt
- Israel
- Turkey
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