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How has the Hospital Robots market grown in recent years?

In recent years, the market size for hospital robots has seen exponential growth. From an estimation of $2 billion in 2024, it’s predicted to rise to $2.28 billion in 2025, indicating a compound annual growth rate (CAGR) of 14.1%. Factors such as the scarcity of healthcare professionals, an increase in senior citizens, a surge in requests for less invasive surgeries, and the demand for patient safety have all contributed to the market’s growth in the historical period.

How is the hospital robots market size expected to evolve during the forecast period?

In the coming years, the hospital robots market is projected to experience swift expansion, with an estimated value of $3.96 billion by 2029, representing a compound annual growth rate (CAGR) of 14.8%. Various factors contribute to this forecasted growth, including the expansion of telemedicine, government initiatives, increasing demand for rehabilitation and surgical robots, the growth in image-guided surgeries and a growing understanding of the benefits offered by hospital robots. Key trends in this period are expected to be improvements in artificial intelligence (AI) and machine learning (ML), the implementation of 5G technology, AI-guided personalized healthcare, robotic process automation (RPA), integration of the Internet of Things (IoT), robotic sterilisation and cleaning practices, and patient data security.

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Which key drivers are propelling the hospital robots market’s growth?

The surge in healthcare automation is set to boost the growth trajectory of the hospital robot market. Healthcare automation implies the use of technology and software to refine and enhance the various processes within the healthcare sector. In this context, hospital robots play a significant role, particularly in aiding surgeons during minimally invasive operations. A report from the World Economic Forum in September 2024, a Switzerland-based international non-governmental entity, predicted discernible expansion in the robotic-assisted surgical market, with a projected worth exceeding $14 billion by 2026, a significant increase from merely over $10 billion in 2023. Thus, the growth in healthcare automation is a significant driver for the expansion of the hospital robot market.

Hospital Robots Market Driver: Hospital Robots Market Expanding due to Increase in Surgical Procedures

What are the market segments in the hospital robots industry?

The hospital robots market covered in this report is segmented –

1) By Product Type: Autonomous Mobile Robots, Disinfecting or Sterilization Robots, Laboratory Robots, Pharmacy Robots

2) By Deployment: Laparoscopy, Pharmacy Applications, Orthopedic Surgery, External Beam Radiation Therapy, Physical Rehabilitation, Neurosurgery, Other Deployments

3) By End User: Hospitals, Ambulatory Surgery Centers, Rehabilitation Centers, Other End Users

Subsegments:

1) By Autonomous Mobile Robots: Patient Transport Robots, Supply Delivery Robots, Waste Management Robots

2) By Disinfecting Or Sterilization Robots: UV Light Sterilization Robots, Hydrogen Peroxide Sterilization Robots, Ozone Sterilization Robots

3) By Laboratory Robots: Sample Handling Robots, Specimen Transport Robots, Lab Automation Robots

4) By Pharmacy Robots: Medication Dispensing Robots, Prescription Filling Robots, Inventory Management Robots

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Which leading companies are shaping the growth of the hospital robots market?

Major companies operating in the hospital robots market are McKesson Corporation, Johnson and Johnson, Siemens Healthineers, Yujin Robot, Medtronic PLC, ABB Group, Aethon, Becton Dickinson and Company, Stryker Healthcare, Zimmer Biomet Robotics, Intuitive Surgical Inc., KUKA, Omnicell Inc., iRobot Corporation, Globus Medical, Renishaw PLC, Auris Health Inc., Blue Ocean Robotics, PAL Robotics, SoftBank Robotics, Stereotaxis Inc., Verb Surgical Inc., Cyberdyne Inc., Mazor Robotics, Medrobotics Corporation.

What key trends are currently impacting the hospital robots market’s development?

Prominent enterprises in the hospital robot market are enhancing their focus on the deployment of hospital delivery robots equipped with elevator technology, to optimize their market revenues. Elevator technology allows hospital robots to travel effectively and swiftly across different floors. For example, in June 2023, Relay Robotics Inc., an American robotics solution firm, introduced RelayRx for healthcare. This hospital delivery robot, designed to mitigate nursing deficiencies, aids in carrying hospital necessities such as test samples, medicine, and equipment. It guarantees secure transit in populated hospital environments due to its superior navigational skills and chain-of-custody security attributes. The robot can efficiently connect locations such as the pharmacy and the blood bank to patients’ rooms in roughly seven minutes, leveraging Relay’s distinctive elevator technology.

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Which geographic areas are influencing the growth of the hospital robots market?

North America was the largest region in the hospital robots market in 2024. The regions covered in hospital robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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