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What Is the Forecast for the Nursing Robots Market from 2024 to 2025?

The market size for nursing robots has seen rapid expansion in the past few years. It is projected to increase from $1.21 billion in 2024 to $1.46 billion in 2025, with a compound annual growth rate (CAGR) of 20.5%. The historic surge can be linked to factors such as the initiation of pilot programs in hospitals, heightened public awareness through media, advancements in user-friendly interfaces, contributions from research and academia, and the implementation of standardization and regulatory frameworks.

What Is the Projected Market Size of the Nursing Robots Market?

The market size of nursing robots is anticipated to witness substantial expansion in the coming years. It is estimated to reach a value of $3.04 billion by 2029, with a compound annual growth rate (CAGR) of 20.1%. The surge in growth during the forecast period is mainly due to the ongoing global aging phenomenon, broader implementation in home care scenarios, improved mobility and skill, customized patient engagement, and the proliferation of training and education initiatives. The forecast period will see significant trends like wearable robotic exoskeletons, natural language processing (NLP), AI-powered diagnostics, 5G network integration, and touch-responsive interfaces.

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Who are the Major Competitors in the Nursing Robots Market Outlook?

Major companies operating in the nursing robots market are Toyota Motor Corporation, Panasonic Holdings Corporation, KUKA Robotics Corporation, Sumitomo Riko Company Limited, Nikkei Inc., NCS Group, RIKEN, SoftBank Robotics Group Corp., Softeq Development Corporation, Shine Technology Co Ltd., DocCheck Community GmbH, Shenzhen Zuowei Technology Co Ltd., Diligent Robotics Inc., SARA Robotics & Automation Services, Hansen Medical Inc., Chang Robotics Co Ltd., CT Asia Robotics Co Ltd., Takayama Shoji Co Ltd., Club First Roboptics Co Ltd., Hstar Technologies.

What Is Fueling Growth in the Nursing Robots Market?

The projected rise in the shortage of nursing personnel is anticipated to drive the expansion of the nursing robots market. When the term nursing staff is used, it typically refers to a collective of health professionals responsible for patient care and support, which generally takes place in hospitals, clinics, nursing homes, and other healthcare facilities. The shortfall in the nursing staff is on the rise due to escalating burnout levels resulting in early resignations, decreased work hours, and a decline in professionals remaining in the healthcare arena. Nursing robots can assist nursing staff by undertaking repetitive or strenuous tasks like lifting patients, delivering provisions, or checking vital signs, which lightens the workload and lets nurses concentrate on crucial patient care. To illustrate, a report published by the World Health Organization, an intergovernmental entity based in Switzerland in May 2024, stated that the global nursing workforce comprises nearly 29 million nurses and 2.2 million midwives. The WHO foresees a future shortage of 4.5 million nurses and 310,000 midwives by 2030. Consequently, the escalating shortage of nursing staff is catalyzing the growth of the nursing robots market.

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Which Nursing Robots Market Segments Are Growing the Fastest?

The nursing robots market covered in this report is segmented –

1) By Type: Humanoid Robots, Assistive Robots, Autonomous Robots

2) By Product Type: Independent Support Robots, Daily Care And Transportation Robots, Medication Dispensing Robots, Other Product Types

3) By Application: Elderly Care, Post-Surgical Care, Mental Health Support, Patient Monitoring And Assistance, Rehabilitation And Physical Therapy

4) By End User: Hospitals And Clinics, Home Care Settings, Nursing Home, Other End Users

Subsegments:

1) By Humanoid Robots: Social Assistance Robots, Caregiving Robots, Communication Robots, Monitoring And Surveillance Robots

2) By Assistive Robots: Physical Assistance Robots, Mobility Aid Robots, Rehabilitation Robots, Prosthetic And Orthotic Assistive Devices

3) By Autonomous Robots: Autonomous Delivery Robots, Autonomous Medication Management Robots, Autonomous Monitoring Robots, Autonomous Disinfection Robots

Which Industry Trends Are Shaping the Future of the Nursing Robots Market?

Prominent enterprises in the nursing robot industry are prioritizing technological innovations like telerobots to better patient care and reduce the responsibilities of healthcare professionals. Telerobot refers to a sophisticated, remotely controlled robotic system introducing pioneering features or abilities, considerably progressing robotics. For example, in June 2023, Touchlab, a Scottish deep-tech firm, presented Välkky, a revolutionary nurse-assisting telerobot, at Laakso Hospital in Helsinki, Finland, as part of a three-month pilot project. The goal is to examine how advanced robotics might reduce healthcare professionals’ responsibilities and improve patient care. Välkky comes with exclusive features like super-thin electronic skin for tactile sensing, real-time remote control through haptic systems, the ability to carry out everyday healthcare duties, and integrated safety mechanisms for safe interaction with patients.

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Which Countries Are Leading the Nursing Robots Market?

North America was the largest region in the nursing robots market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nursing robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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This Report Delivers Insight On:

1. How big is the nursing robots market, and how is it changing globally?

2. Who are the major companies in the nursing robots market, and how are they performing?

3. What are the key opportunities and risks in the nursing robots market right now?

4. Which products or customer segments are growing the most in the nursing robots market?

5. What factors are helping or slowing down the growth of the nursing robots market?

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