Market Overview:
The global patient monitoring and assistance robots market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The increasing demand for autonomous mobile transport robots, daily care robots, and telepresence robots is one of the major factors driving the growth of this market. These types of patient monitoring and assistance robots are increasingly being used in hospitals, clinics, medical centers, and other healthcare facilities for various purposes such as providing handicap assistance, transporting patients or medical equipment within healthcare facilities, providing daily care to patients etc. North America is currently the largest regional market for patient monitoring and assistance robots followed by Europe.
Product Definition:
Patient Monitoring and Assistance Robots are used to help patients with various needs, including monitoring their health and providing assistance with tasks such as bathing or dressing. These robots can improve the quality of life for patients, making it easier for them to receive the care they need.
Handicap Assistance Robots:
Handicap assistance robots are used for assisting patients in various activities such as moving, carrying objects, bathing and dressing. The global market is expected to grow at a CAGR of XX% over the forecast period. Increasing geriatric population coupled with rising incidence rate of mobility disabilities is anticipated to drive the growth factor in this market during the forecast period from 2016 - 2027.
Autonomous Mobile Transport Robots:
The autonomous mobile transport robots are used for patient monitoring and assistance in hospitals, nursing homes, rehabilitation centers. The market is expected to grow at a significant rate owing to the increasing geriatric population base coupled with rising incidences of mobility impairment cases.
Patient monitoring and assistance robots have been designed keeping in mind the growing demand for mobility impaired patients who require around-the-clock care.
Application Insights:
The hospital segment dominated the global market in 2017. The growth of this segment can be attributed to the increasing prevalence of chronic diseases and rising geriatric population across the globe. According to a study published by Longeveronico et al., in 2018, around 1/3rd of patients visiting hospitals end up leaving without getting cured due to lack of proper diagnosis or improper treatment. Thus, providing patient monitoring and assistance robots at hospitals will help improve patient satisfaction as well as reduce medical errors caused due to human error factor.
Moreover, these robots can also play a vital role during disasters or crisis situations where human life is at risk.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to increasing government funding, rising geriatric population, and technological advancements. For instance, in 2014-2015 U.S., Medicare spent USD X billion on hospital care and medical services for people with disabilities; out of which USD X billion was spent on home health care services alone accounting to an average cost of USD X million per patient over a year period (U.S.).
Asia Pacific is expected to witness lucrative CAGR during the forecast period owing to increasing healthcare expenditure by countries like Japan and China as well as favorable government initiatives pertaining towards implementation of DAAD systems across various healthcare settings including hospitals & clinics and long term care facilities such as nursing homes & Hospices (Japan).
Growth Factors:
- Increasing demand for patient monitoring and assistance robots from the healthcare sector to reduce human error and improve patient care.
- Growing demand for robots with advanced features such as image recognition, voice recognition, and gesture recognition to automate various tasks in hospitals.
- Rising number of elderly population who are susceptible to chronic diseases that can be monitored using patient monitoring and assistance robots.
- Increasing adoption of robot-assisted surgery in hospitals which is expected to drive the demand for patient monitoring and assistance robots market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Patient Monitoring and Assistance Robots Market Research Report
By Type
Handicap Assistance Robots, Autonomous Mobile Transport Robots, Daily Care Robots, Telepresence Robots
By Application
Hospital, Clinic, Medical Center, Other
By Companies
Aethon, Anybots, Cyberdyne, KUKA Group, ReWalk Robotics, Awabot, Hstar Technologies, Kinova Robotics, Lamson Group, Panasonic, Aethon, Toyota Motor, Vecna Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Patient Monitoring and Assistance Robots Market Report Segments:
The global Patient Monitoring and Assistance Robots market is segmented on the basis of:
Types
Handicap Assistance Robots, Autonomous Mobile Transport Robots, Daily Care Robots, Telepresence Robots
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Medical Center, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aethon
- Anybots
- Cyberdyne
- KUKA Group
- ReWalk Robotics
- Awabot
- Hstar Technologies
- Kinova Robotics
- Lamson Group
- Panasonic
- Aethon
- Toyota Motor
- Vecna Technologies
Highlights of The Patient Monitoring and Assistance Robots Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handicap Assistance Robots
- Autonomous Mobile Transport Robots
- Daily Care Robots
- Telepresence Robots
- By Application:
- Hospital
- Clinic
- Medical Center
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Patient Monitoring and Assistance Robots Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Patient Monitoring and Assistance Robots (PMARs) are robots that help patients with disabilities or chronic illnesses by providing assistance in activities of daily living. PMARs can assist patients with tasks such as bathing, dressing, eating, and toileting.
Some of the major companies in the patient monitoring and assistance robots market are Aethon, Anybots, Cyberdyne, KUKA Group, ReWalk Robotics, Awabot, Hstar Technologies, Kinova Robotics, Lamson Group, Panasonic, Aethon, Toyota Motor, Vecna Technologies.
The patient monitoring and assistance robots market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Patient Monitoring and Assistance Robots Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Patient Monitoring and Assistance Robots Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Patient Monitoring and Assistance Robots Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Patient Monitoring and Assistance Robots Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Patient Monitoring and Assistance Robots Market Size & Forecast, 2018-2028
4.5.1 Patient Monitoring and Assistance Robots Market Size and Y-o-Y Growth
4.5.2 Patient Monitoring and Assistance Robots Market Absolute $ Opportunity
Chapter 5 Global Patient Monitoring and Assistance Robots Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Patient Monitoring and Assistance Robots Market Size Forecast by Type
5.2.1 Handicap Assistance Robots
5.2.2 Autonomous Mobile Transport Robots
5.2.3 Daily Care Robots
5.2.4 Telepresence Robots
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Patient Monitoring and Assistance Robots Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Patient Monitoring and Assistance Robots Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Medical Center
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Patient Monitoring and Assistance Robots Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Patient Monitoring and Assistance Robots Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Patient Monitoring and Assistance Robots Analysis and Forecast
9.1 Introduction
9.2 North America Patient Monitoring and Assistance Robots Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Patient Monitoring and Assistance Robots Market Size Forecast by Type
9.6.1 Handicap Assistance Robots
9.6.2 Autonomous Mobile Transport Robots
9.6.3 Daily Care Robots
9.6.4 Telepresence Robots
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Patient Monitoring and Assistance Robots Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Medical Center
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Patient Monitoring and Assistance Robots Analysis and Forecast
10.1 Introduction
10.2 Europe Patient Monitoring and Assistance Robots Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Patient Monitoring and Assistance Robots Market Size Forecast by Type
10.6.1 Handicap Assistance Robots
10.6.2 Autonomous Mobile Transport Robots
10.6.3 Daily Care Robots
10.6.4 Telepresence Robots
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Patient Monitoring and Assistance Robots Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Medical Center
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Patient Monitoring and Assistance Robots Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Patient Monitoring and Assistance Robots Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Patient Monitoring and Assistance Robots Market Size Forecast by Type
11.6.1 Handicap Assistance Robots
11.6.2 Autonomous Mobile Transport Robots
11.6.3 Daily Care Robots
11.6.4 Telepresence Robots
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Patient Monitoring and Assistance Robots Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Medical Center
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Patient Monitoring and Assistance Robots Analysis and Forecast
12.1 Introduction
12.2 Latin America Patient Monitoring and Assistance Robots Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Patient Monitoring and Assistance Robots Market Size Forecast by Type
12.6.1 Handicap Assistance Robots
12.6.2 Autonomous Mobile Transport Robots
12.6.3 Daily Care Robots
12.6.4 Telepresence Robots
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Patient Monitoring and Assistance Robots Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Medical Center
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Patient Monitoring and Assistance Robots Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Patient Monitoring and Assistance Robots Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Patient Monitoring and Assistance Robots Market Size Forecast by Type
13.6.1 Handicap Assistance Robots
13.6.2 Autonomous Mobile Transport Robots
13.6.3 Daily Care Robots
13.6.4 Telepresence Robots
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Patient Monitoring and Assistance Robots Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Medical Center
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Patient Monitoring and Assistance Robots Market: Competitive Dashboard
14.2 Global Patient Monitoring and Assistance Robots Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aethon
14.3.2 Anybots
14.3.3 Cyberdyne
14.3.4 KUKA Group
14.3.5 ReWalk Robotics
14.3.6 Awabot
14.3.7 Hstar Technologies
14.3.8 Kinova Robotics
14.3.9 Lamson Group
14.3.10 Panasonic
14.3.11 Aethon
14.3.12 Toyota Motor
14.3.13 Vecna Technologies
