Medical Telepresence Robots Market Set for Rapid Growth, Projected to Reach USD 459.1 Million by 2032 at a 22.5% of CAGR

Medical Telepresence Robots Market
Medical Telepresence Robots Market

The global Medical Telepresence Robots market, valued at USD 61.1 million in 2022, is poised for substantial growth, with projections indicating it will reach USD 459.1 million by 2032. This remarkable expansion represents a compound annual growth rate (CAGR) of 22.5% throughout the forecast period from 2022 to 2032.

The surge in market value reflects the increasing adoption of telepresence robots in healthcare settings, driven by their ability to enhance remote medical consultations and improve patient care. As technology advances and the demand for innovative healthcare solutions grows, the market for medical telepresence robots is expected to experience significant development, transforming the way medical services are delivered globally.

Medical telepresence robots are revolutionizing the healthcare industry by enhancing remote consultations, improving patient care, and facilitating more efficient communication between medical professionals. This significant growth is driven by increasing demand for advanced telemedicine solutions, rising investments in healthcare technology, and the ongoing need for innovative tools that support remote and in-person care.

As the market expands, these robots are expected to play an increasingly vital role in bridging gaps in healthcare access and improving overall healthcare delivery.

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 million 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 Medical Telepresence Robots 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

Global Medical Telepresence Robots Industry 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).

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 help 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 analyzed 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.

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Key Segments Covered In Medical Telepresence Robots Market Survey

Medical Telepresence Robots Market by Component:

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

Medical Telepresence Robots Market by Type:

  • Stationary
  • Mobile

Medical Telepresence Robots Market by End Use:

  • Hospitals and Assisted Living Services
  • Home Use

Medical Telepresence Robots Market by Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia and ASEAN
  • Oceania
  • Middle East and Africa

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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