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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Technavio has announced its latest market research report titled Global Mobile Robots Market in Healthcare and Hospitality Sectors 2020-2024 (Graphic: Business Wire)
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.
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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Clearpath Robotics Inc.
Starship Technologies Inc.
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Key Topics Covered:
Value chain analysis
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 Segmentation by Product
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
Comparison by End-user
Healthcare - Market size and forecast 2019-2024
Hospitality - Market size and forecast 2019-2024
Market opportunity by End-user
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 positioning of vendors
Clearpath Robotics Inc.
Starship Technologies Inc.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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