Hospital Robots Market to hit USD 5 Billion by 2032

The Business Research Company’s Hospital Robots Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Hospital Robots Global Market Report 2023 evaluates hospital robots market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global hospital robots market is expected to grow from $1.75 billion in 2023 to $2 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. The growth in the historic period can be attributed to shortage of healthcare professionals, increasing elderly population, rising demand for minimally invasive surgery, demand for patient safety,The hospital robots market size is expected to see rapid growth in the next few years. It will grow to $3.42 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%.

Increasing healthcare automation is expected to propel the growth of the hospital robot market going forward. Healthcare automation refers to using technology and software to streamline and optimize various processes in the healthcare industry. Hospital robots are used in healthcare automation to assist surgeons in minimally invasive procedures in operating rooms. For instance, in May 2021, according to a survey conducted among 112 provider chief financial officers and financial and revenue cycle executives by The Healthcare Financial Management Association, a US-based healthcare association, stated that the deployment of automation technologies in hospitals increased three times from 2020 to 2021, where 50% of hospitals had deployed automation technologies in 2021 compared to 15% of hospitals in 2020. Therefore, increasing healthcare automation is driving the growth of the hospital robot market.

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The hospital robots market segments in the report are:

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

The table of contents in TBRC’s hospital robots market report includes:

1. Executive Summary
2. Hospital Robots Market Characteristics
3. Hospital Robots Market Trends And Strategies
4. Hospital Robots Market – Macro Economic Scenario
5. Global Hospital Robots Market Size and Growth

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32. Global Hospital Robots Market Competitive Benchmarking
33. Global Hospital Robots Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Hospital Robots Market
35. Hospital Robots Market Future Outlook and Potential Analysis
36. Appendix

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