Global Robotic Nurse Assistant Market Size study, By Product Type (Independence Support Robots, Daily Care & Transportation Robots) By End-Use (Hospitals & Clinics, Senior Care Facilities, Homecare Settings), and Regional Forecasts 2022-2028

Global Robotic Nurse Assistant Market Size study, By Product Type (Independence Support Robots, Daily Care & Transportation Robots) By End-Use (Hospitals & Clinics, Senior Care Facilities, Homecare Settings), and Regional Forecasts 2022-2028

Global Robotic Nurse Assistant Market is valued approximately USD 805.5 million in 2021 and is anticipated to grow with a healthy growth rate of more than 14.7 % over the forecast period 2022-2028. Robotic Nurse Assistant can be defined as a service robot utilized to facilitate nurses through cooperation during physical tasks (such a patient walking, item fetching, and object delivery) as well as nonphysical tasks (including patient observation and feedback). It is designed to full fill the shortage of the healthcare workforce spicily in places where the number of patients is more than the nurse required. The robotic nurse is designed to be more effective and accurately perform task in lesser time. The growing population of older age people and rising adoption of robots in healthcare facilities as well as strategic initiatives from leading market players are key factors driving the market growth. For instance, according to Statista - In 2021, the global medical robotics market was estimated at USD 11 billion, and the market is projected to grow to USD 44 billion by 2030. Moreover, as per United Nations (UN) estimates – during 2019, the number of persons aged 65 years or over in the world was estimated at 703 million, and as per projections, the number of older persons would grow to 1.5 billion by 2050. Moreover, leading market players are coming up with new products to leverage the growing adoption of Robotic Nurse Assistants. In October 2019, Austin, Texas, USA-based Diligent Robotics, launched its new hospital robot assistant named Moxi. In addition, the company has raised USD 3 million in seed funding to fuel up the launch of Moxi. Also, rising automation in the healthcare industry and the growing emergence of AI and ML technologies would create lucrative growth opportunities for the market during the forecast period. However, a high deployment cost associated with Robotic Nurse Assistants and lack of penetration from leading market players impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Robotic Nurse Assistant Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the presence of leading market players as well as the availability of robust healthcare infrastructure in the region. Whereas the Asia Pacific is anticipated to be the fastest growing region due to factors such as rising healthcare infrastructure as well as the rising geriatric population in the region.

Major market players included in this report are:
Hstar Technologies
Diligent Robotics
Toyota Motor Corporation
RIKEN-SRK
SoftBank Robotics
Panasonic Industry
Fraunhofer IPA
Aethon
Georgia Tech
Hitachi, Ltd

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Product Type
Independence Support Robots
Daily Care &Transportation Robots
By End User
Hospitals & Clinics
Senior Care Facilities
Homecare Settings
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Robotic Nurse Assistant Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Hstar Technologies
Diligent Robotics
Toyota Motor Corporation
RIKEN-SRK
SoftBank Robotics
Panasonic Industry
Fraunhofer IPA
Aethon
Georgia Tech
Hitachi, Ltd

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