2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Industry-Specific Factors Are Fueling the Growth of theHospital Robots Market?

The advancement and utilization of healthcare automation are anticipated to fuel the expansion of the hospital robot market in the near future. ‘Healthcare automation’ implies leveraging technology and software to enhance and simplify various healthcare processes. In situations like minimally invasive surgeries in operating theaters, hospital robots play an integral part in healthcare automation. For example, the World Economic Forum, a non-governmental international organization based in Switzerland, projected in September 2024 that the market for robot-assisted surgeries would go through significant growth, soaring to above $14 billion by 2026 from slightly more than $10 billion in 2023. Consequently, the surge in healthcare automation is a key driver for the growth of the hospital robot market. A pivotal aspect driving the growth of the hospital robots market is the rise in surgical procedures. These procedures, typically performed in operating rooms and involve incisions using instruments, are medical interventions. Hospital robots are being utilized progressively in surgical specialties – including plastic and reconstructive surgeries – to boost accuracy, precision, and to achieve better patient outcomes. As an example, the Australian Institute of Health and Welfare reported in December 2023 that the number of patients opting for elective (non-emergency) surgeries in Australia’s public hospitals saw a growth of 18% from 2021-22 to 2022-23. Therefore, the escalating number of surgical procedures is a significant driver for the expansion of the hospital robots market.

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#What is the Growth Potential of the Hospital Robots Market, and How Will It Perform by 2034?

In recent times, there has been a significant increase in the market size of hospital robots. The market is predicted to expand from a value of $2 billion in 2024 to $2.28 billion the following year, with a compound annual growth rate (CAGR) of 14.1%. The historic growth trend has been influenced by factors such as lack of healthcare experts, an aging population, an increased need for minimally invasive procedures, and enhanced focus on patient safety.

Expectations for the hospital robots market indicate a significant surge in size over the coming years. With a predicted compound annual growth rate (CAGR) of 14.8%, it is projected to amplify to a value of $3.96 billion by 2029. This expansion over the predicted period can be credited to factors such as the rise in telemedicine, governmental initiatives and the escalating demand for rehabilitation robots. Furthermore, the growing demand for surgical and image-guided robots, along with increased awareness of their benefits also contribute. Some notable trends during this forecast period are the evolution in artificial intelligence (AI) and machine learning (ML), the implementation of 5G technology, AI-based personalized healthcare, robotics process automation (RPA), IoT integration, robotic sterilization and cleaning, as well as patient data security.

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What Key Market Trends and Innovations Are Shaping the Future of theHospital Robots Industry?

Leading firms in the hospital robot industry are shifting their focus towards the development and introduction of hospital delivery robots, featuring advanced elevator technology, in a bid to increase their market profits. This technology enables hospital robots to move swiftly and efficiently between floors. One such example is Relay Robotics Inc., an American robotics firm, which in June 2023, unveiled a hospital delivery robot called RelayRx, specifically designed to tackle the nursing shortage issue. These robots are tasked with the transportation of hospital supplies like test samples, drugs, and other medical equipment, and are designed to navigate safely through busy hospital environments. Their enhanced navigational abilities and secure chain-of-custody features make them reliable. Using Relay’s unique elevator technology, these robots can move freely within the hospital, effectively bridging areas such as patient rooms, pharmacies and blood banks in an estimated seven-minute time frame.

Which Companies Are Leading the Charge in Expanding theHospital Robots Market Growth?

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.

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How is the Global Hospital Robots Market Segemented?

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 Geographics 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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