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14-Nov-2023

Global Medical Telepresence Robots Industry Set to Skyrocket to US$ 459.1 Million by 2032 | FMI Insights

In a groundbreaking development, the Global Medical Telepresence Robots Industry is poised for exponential growth, currently valued at US$ 61.1 million in 2022 and projected to surge to an impressive US$ 459.1 million by 2032. This meteoric rise reflects a remarkable compound annual growth rate (CAGR) of 22.5% throughout the forecast period of 2022-2032.

The healthcare landscape is undergoing a transformative shift, with medical telepresence robots emerging as a pivotal force in enhancing patient care, medical procedures, and overall healthcare efficiency. The burgeoning market is set to redefine the way medical professionals deliver services and interact with patients across the globe.

Future Market Insights, a market intelligence, and competitive intelligence firm estimates that the Global Medical Telepresence Robots Industry is anticipated to witness incredible growth in the coming years due to rising demand for such systems from the healthcare industry, a large number of supporting devices available, and the growing adoption in educational and recreational settings. According to the study, the global market was valued at US$ 50.1 Million in 2021, and it is also expected to expand at a CAGR of 22.5% over the assessment period of 2022-2032.

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Medical Telepresence Robots are manufactured by companies such as Amy Robotics, Ava Robotics, Blue Ocean Robotics, and InTouch Health. North American region dominates the Global Medical Telepresence Robots Industry share owing to the region’s increased adoption of artificial intelligence and robotics in the healthcare sector, as well as an increase in the number of regional players. Europe holds the second-largest share in the market followed by Asia.

The top application of Medical Telepresence Robots is when it is used in hospitals and assisted living services with a market size of US$ 34.9 Mn in 2021. This can be attributed to the increased adoption of telepresence robots in hospital settings as a result of features such as two-way communication from any distance and efficient teleconsultation and monitoring.

Key Takeaways from the Market Study

  • The Medical Telepresence Robots market is anticipated to add 7.5X value by 2032
  • The market is expected to expand at a considerable growth rate of 22.5% and be valued at US$ 459.1 Mn by 2032
  • Amy Robotics and InTouch Health are the top giants in Medical Telepresence Robots manufacturing
  • Based on type, Mobile Robots accounted for around 65.8% of the global market share in 2021

Key Players:

  • Amy Robotics
  • Ava Robotics Inc.
  • AXYN Robotics
  • Blue Ocean Robotics
  • InTouch Health
  • OhmniLabs, Inc.
  • Rbot
  • VGo Communications Inc.

More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Medical Telepresence Robots Industry, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights by type (Stationary and Mobile), by components (Camera, Speaker, Microphone, Display, Power Source and Sensors), by end-use (Hospitals and Homes), and across key regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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Future Market Insights’ Domain Knowledge in Healthcare Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned Healthcare domain team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the Healthcare industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

Key Segments Covered In Medical Telepresence Robots Industry Survey

Global Medical Telepresence Robots Industry by Component:

  • Camera
  • Display
  • Microphone
  • Speaker
  • Power Source
  • Sensors and Control Systems

Global Medical Telepresence Robots Industry by Type:

  • Stationary
  • Mobile

Global Medical Telepresence Robots Industry by End Use:

  • Hospitals and Assisted Living Services

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Last Updated: 14-Nov-2023