Mobile Robots Market in Healthcare and Hospitality Sectors by End-user, Product, and Geography - Forecast and Analysis 2020-2024 | Technavio

The mobile robots market in healthcare and hospitality sectors is expected to grow by USD 941.58 million, progressing at a CAGR of almost 19% during the forecast period.

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Although the increasing number of patients with chronic diseases will offer immense growth opportunities, the shortage of technical expertise will challenge the growth of the market participants.

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Mobile Robots Market in Healthcare and Hospitality Sectors: End-user Landscape

Inventory management in healthcare facilities is inefficient. Drugs are too often misplaced, and narcotic medications are prone to theft. Thus, there has been a surge in the application of robotic systems in the healthcare domain, which is expected to transform the delivery of healthcare services. Moreover, the outbreak of the COVID-19 across the world has accelerated demand for mobile robots in the healthcare and hospitality sectors across the world. The mobile robots market share growth by the healthcare segment will be faster than the growth of the market by the hospitality segment.

Mobile Robots Market in Healthcare and Hospitality Sectors: Geographic Landscape

North America was the most significant mobile robots market in the healthcare and hospitality sectors in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Growing pressure from the government and advances in technology will significantly drive mobile robots market growth in the healthcare and hospitality sectors in this region over the forecast period. 42% of the market’s growth will originate from North America during the forecast period. The US is the key market for mobile robots in the healthcare and hospitality sectors in North America. Market growth in this region will be significant during the forecast period.

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Companies Covered:

• ABB Ltd.

• Amazon.com Inc.

• Awabot

• Clearpath Robotics Inc.

• Myomo Inc.

• OMRON Corp.

• Panasonic Corp.

• Savioke Inc.

• Starship Technologies Inc.

• Teradyne Inc.

What our reports offer:

• Market share assessments for the regional and country-level segments

• Strategic recommendations for the new entrants

• Covers market data for 2019, 2020, until 2024

• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

• Strategic recommendations in key business segments based on the market estimations

• Competitive landscaping mapping the key common trends

• Company profiling with detailed strategies, financials, and recent developments

• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

• Market ecosystem

• Value chain analysis

Market Sizing

• Market definition

• Market segment analysis

• Market size 2019

• Market outlook: Forecast for 2019-2024

Five Forces Analysis

• Five forces summary

• Bargaining power of buyers

• Bargaining power of suppliers

• Threat of new entrants

• Threat of substitutes

• Threat of rivalry

• Market condition

Market Segmentation by Product

• Market segments

• Comparison by Product

• Autonomous mobile robots - Market size and forecast 2019-2024

• Remote-controlled mobile robots - Market size and forecast 2019-2024

• Market opportunity by Product

Market Segmentation by End-user

• Market segments

• Comparison by End-user

• Healthcare - Market size and forecast 2019-2024

• Hospitality - Market size and forecast 2019-2024

• Market opportunity by End-user

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation

• Geographic comparison

• North America - Market size and forecast 2019-2024

• Europe - Market size and forecast 2019-2024

• APAC - Market size and forecast 2019-2024

• MEA - Market size and forecast 2019-2024

• South America - Market size and forecast 2019-2024

• Key leading countries

• Market opportunity by geography

• Market drivers

• Market challenges

• Market trends

Vendor Landscape

• Vendor landscape

• Landscape disruption

Vendor Analysis

• Vendors covered

• Market positioning of vendors

• ABB Ltd.

• Amazon.com Inc.

• Awabot

• Clearpath Robotics Inc.

• Myomo Inc.

• OMRON Corp.

• Panasonic Corp.

• Savioke Inc.

• Starship Technologies Inc.

• Teradyne Inc.

Appendix

• Scope of the report

• Currency conversion rates for US$

• Research methodology

• List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210121006048/en/

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