Robotic Nurse Assistant Market

The report "Robotic Nurse Assistant Market by Type (Independence Suport Robots, Daily Care & Transportation Robots, Autonomous Mobile Robots), End User (Hospitals & Clinics, Elderly Care Facilities, Homecare Settings) & Region - Global Forecasts to 2030", is projected to reach USD 2,909.3 million by 2030 from an estimated USD 748.4 million in 2022, at a CAGR of 18.5%.

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/robotic-nurse-assitant-market-223565989.html

Growing elderly population wordwide, increasing disease prevalence, dearth of healthcare staff, rising investments in R&D to support development of technologically advanced robots, and benefits offered by robotic nurse assistants such as taking care of the elderly, disabled or critically-ill patients are some of the key factors driving the robotic nurse assitant market growth. However, high costs of these robots and issues pertaining to its safety and security are some of the factors that might impede the market growth to a certain extent in the coming years.

According to the US Bureau of Labor Statistics, nurses will be the largest labor pool in the US by 2022, and more than 1.1 million nursing positions have to be filled by then in order to avoid a nursing shortage. Robotic nurse assitant has the potential to alleviate the nursing shortage by automating mundane and routine nursing tasks. Further, the rate of  musculoskeletal disorders and physical injury in nurses is higher than average in comparison to the other occupations, typically due to patient handling and mobility. Robotic nurse assistants have the  potential  to  off-load  some  of  the  physically demanding tasks of nursing staff and health care providers; and assist with safe patient mobility & handling, thereby reducing the likelihood of physical injuries and musculoskeletal disorders.

By type, the independence robots segment held the largest share of the robotic nurse assitant market in 2021

Based on type, the robotic nurse assitant market is segmented into independence robots, daily care & transportation robots and autonomous mobile robots. In 2021, the software & services segment accounted for the largest share of the robotic nurse assitant market. The large share of this segment is attributed to the ability of these robots in providing care to the elderly, supporting the disabled and performing day-to-day human tasks with efficiency, accuracy and in lesser time.

Elderly care facilities segment of the robotic nurse assistant market is projected to witness significant growth in the coming years

Based on end user, the robotic nurse assistant market is segmented into hospitals & clinics, elderly care facilities and homecare settings. The elderly care facilities segment accounted for a significant share of the global robotic nurse assitant market, by end user, in 2021. According to the WHO, the proportion of the worlds population aged over 60 years will nearly double from 12% to 22% between 2015 and 2050 respectively. Ageing is characterized by the emergence of several complex health conditions including cataracts & refractive errors, hearing loss, back & neck pain, osteoarthritis, chronic obstructive pulmonary disease (COPD), diabetes, depression and dementia among others; and thus require personalized care. Such factors are likely to increase the adoption of robotic nurse assistants, thereby expediting the market growth in the coming years.

North America is expected to dominate the robotic nurse assitant market during the forecast period

In 2021, North America held the largest share of the robotic nurse assitant market, followed by Europe. Factors such as increasing patient population prone to various chronic and lifestyle diseases, availability of advanced healthcare facilities, rising geriatric population base and higher spending on superior healthcare servcies are primarily responsible for driving the robotic nurse assitant market growth in the region. However, the Asia Pacific region is projected to register the highest growth rate during the forecast period.

The key players operating in the robotic nurse assitant market are Hstar Technologies (US), Diligent Robotics (US), Toyota Motor Corporation (Japan), RIKEN-SRK (Japan), SoftBank Robotics (Japan), Panasonic (Japan), Fraunhofer IPA (Germany), PARO Robots (US), Aethon (US), CloundMinds (China), PALRO (Japan), Techmetics Robotics (US), Gecko Systems International Corporation (US), JoiceCare AB (Sweden), and OrionStar Technology Co. (China) among others.

Don’t miss out on business opportunities in Robotic Nurse Assitant Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com