The Hospital Robots Market is expected to register a CAGR of 13.2% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented By Type (Pharmacy Robotic System, IV Robotic System, Telemedicine Robots); Application (Pharmacy, Laboratory, Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Hospital Robots Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Hospital Robots Market Segmentation
Type- Pharmacy Robotic System
- IV Robotic System
- Telemedicine Robots
- Pharmacy
- Laboratory
- Others
Strategic Insights
Hospital Robots Market Growth Drivers- Rising Demand for Minimally Invasive Surgery: There is a general increase in the proportion of minimally invasive surgeries and this has created more interest and demand for the hospital robots. The use of robotic systems makes it possible to carry out surgical procedures to an exceptional degree of accuracy but with very few and smaller cuts on the incision. This translates to quick recovery periods and lesser risks to the patients. The trends of adopting technologically advanced surgical treatments in the case of most robotic surgeries is also one of the main drivers of the steep growth of the hospital robots market.
- Aging Population and Healthcare Workforce Shortage: The growing elderly population all across the world alongside the insufficient number of health care workers serves as potential factors for the emergence of hospital robots. These robots can perform ancillary services like conducting operational procedures, helping in diagnosis, and conducting a number of straightforward activities without having any stress on the human medical workforce. With every other person, in other words, society’s patients, or people, requiring more and more health aid, it stands to reason that these mechanical assistants are available in hospitals for better performance and quality of care alongside human personnel.
- Technological Advancements in Robotics: One of the many factors that sustain the growth of the hospital robots industry is the unrelenting advancement in robotics technology that includes artificial intelligence, machine learning and automation. This allows robots to undertake intricate surgical, monitoring, and rehabilitation operations aimed at patients with much more accuracy, thereby improving patient care considerably. All these technological developments are encouraging more people to use hospital robots.
- Integration of Artificial Intelligence (AI): The increasing use of artificial intelligence and machine learning technologies is another significant trend noticed in the hospital robots market. Earlier, a machine was unable to analyse complex medical data, take part in complex clinical decision making or go an extra mile, for instance, improving the quality of works in the theatre.These advancements are optimizing the spending of clinical care and patients through the use of intelligent systems within hospital robots, hence quickening the pace of their penetration in the healthcare systems.
- Robots for Remote Surgery (Tele-surgery): Furthermore, the principle of telemedicine has further enhanced the fabrication of robotic systems for remote surgery. Such systems allow the surgeon to conduct a surgical procedure situated in a distant location through a console which allows the manipulation of robotic arms. It is especially helpful where there are patients who are located in isolated geographical regions or regions lacking specialized medical services since surgery is no longer a practice confined to a few locations.
- Robots for Elderly Care and Assistance: As the population ages, the demand for the hospital robot market is particularly directed towards the care of the elderly. Such robots may help with daily activities associated with movement, observing aspects such as nutrition, offering emotional engagement, thereby lessening the strain on the helper’s support. This is becoming especially important in hospitals, skilled nursing facilities, and rehabilitation centers, where there is a need to introduce automation to enhance the quality of care.
- Expansion in Developing Regions: There is a strong prospect in the hospital robots market in developing nations where the healthcare system is improving. Medical facilities in these regions are being set up, and there is an increasing need for sophisticated technologies robotic surgery systems in order to increase the efficiency and precision of carrying out the surgical procedures. Thus, these manufacturers are finding ways to penetrate these markets by making affordable robotic alternatives suited to the increasing demand in the health care sector.
- Robots for Post-Surgery Rehabilitation: An option to introduce hospital robots for the usage in processes after surgical procedures is becoming more relevant. The process of rehabilitation can also be enhanced using robotic systems that perform physical therapy through specific controlled movements, which will help in expediting recovery and enhancing the results for the patients. However, with rehabilitation shifting to a more individualized and medically advanced approach, one can foresee an increase in the utilization of these robotic systems in hospitals and clinics.
- Robotics in Hospital Logistics: Hospital robots have also been incorporated for ancillary non-surgical roles such as supplying items, cleaning of operating theatres and other areas, and even the management of other hospital logistics. These kinds of robots help to improve the operational efficiency of the personnel using them, reduce the human error component and increase the safety measures especially in areas prone to a lot of activity. Such expansion of the healthcare sector for the routine activities such as incorporation of machines presents wide prospects for the market for robotic solutions in rehabilitation.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Hospital Robots Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Hospital Robots Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Rising demand for minimally invasive surgery and aging population and healthcare workforce shortage are the major factors boosting the hospital robots market growth
The final report will duly include market size and projection estimates for all the segments from 2021 to 2031, along with a revenue share and compound annual growth rate (%) for the regional
/
country-wise market wherein 2021-2022 are the historic years, 2023 is considered to be the base year, and the forecast will be provided till 2031, along with CAGR (%)
Terumo, Diligent, GE, McKesson, Siemens, Aethon, UVD Robots, UBTECH Robotics Inc., Skytron, Omnicell, Inc are the some of the key market players operating in the hospital robots market
The North America region accounts for highest revenue share hospital robots market
Asia Pacific is estimated to grow at the highest CAGR over the forecast year (2023 - 2031)
The market is expected to grow at a CAGR of 13.2%
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Hospital Robots Market - By Type
1.3.2 Hospital Robots Market - By Application
1.3.3 Hospital Robots Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HOSPITAL ROBOTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. HOSPITAL ROBOTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HOSPITAL ROBOTS MARKET - GLOBAL MARKET ANALYSIS
6.1. HOSPITAL ROBOTS - GLOBAL MARKET OVERVIEW
6.2. HOSPITAL ROBOTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HOSPITAL ROBOTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PHARMACY ROBOTIC SYSTEM
7.3.1. Overview
7.3.2. Pharmacy Robotic System Market Forecast and Analysis
7.4. IV ROBOTIC SYSTEM
7.4.1. Overview
7.4.2. IV Robotic System Market Forecast and Analysis
7.5. TELEMEDICINE ROBOTS
7.5.1. Overview
7.5.2. Telemedicine Robots Market Forecast and Analysis
8. HOSPITAL ROBOTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PHARMACY
8.3.1. Overview
8.3.2. Pharmacy Market Forecast and Analysis
8.4. LABORATORY
8.4.1. Overview
8.4.2. Laboratory Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. HOSPITAL ROBOTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Hospital Robots Market Overview
9.1.2 North America Hospital Robots Market Forecasts and Analysis
9.1.3 North America Hospital Robots Market Forecasts and Analysis - By Type
9.1.4 North America Hospital Robots Market Forecasts and Analysis - By Application
9.1.5 North America Hospital Robots Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Hospital Robots Market
9.1.5.1.1 Canada Hospital Robots Market by Type
9.1.5.1.2 Canada Hospital Robots Market by Application
9.1.5.2 Mexico Hospital Robots Market
9.1.5.2.1 Mexico Hospital Robots Market by Type
9.1.5.2.2 Mexico Hospital Robots Market by Application
9.1.5.3 US Hospital Robots Market
9.1.5.3.1 US Hospital Robots Market by Type
9.1.5.3.2 US Hospital Robots Market by Application
9.2. EUROPE
9.2.1 Europe Hospital Robots Market Overview
9.2.2 Europe Hospital Robots Market Forecasts and Analysis
9.2.3 Europe Hospital Robots Market Forecasts and Analysis - By Type
9.2.4 Europe Hospital Robots Market Forecasts and Analysis - By Application
9.2.5 Europe Hospital Robots Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Hospital Robots Market
9.2.5.1.1 Germany Hospital Robots Market by Type
9.2.5.1.2 Germany Hospital Robots Market by Application
9.2.5.2 France Hospital Robots Market
9.2.5.2.1 France Hospital Robots Market by Type
9.2.5.2.2 France Hospital Robots Market by Application
9.2.5.3 Italy Hospital Robots Market
9.2.5.3.1 Italy Hospital Robots Market by Type
9.2.5.3.2 Italy Hospital Robots Market by Application
9.2.5.4 Spain Hospital Robots Market
9.2.5.4.1 Spain Hospital Robots Market by Type
9.2.5.4.2 Spain Hospital Robots Market by Application
9.2.5.5 United Kingdom Hospital Robots Market
9.2.5.5.1 United Kingdom Hospital Robots Market by Type
9.2.5.5.2 United Kingdom Hospital Robots Market by Application
9.2.5.6 Rest of Europe Hospital Robots Market
9.2.5.6.1 Rest of Europe Hospital Robots Market by Type
9.2.5.6.2 Rest of Europe Hospital Robots Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Hospital Robots Market Overview
9.3.2 Asia-Pacific Hospital Robots Market Forecasts and Analysis
9.3.3 Asia-Pacific Hospital Robots Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Hospital Robots Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Hospital Robots Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Hospital Robots Market
9.3.5.1.1 Australia Hospital Robots Market by Type
9.3.5.1.2 Australia Hospital Robots Market by Application
9.3.5.2 China Hospital Robots Market
9.3.5.2.1 China Hospital Robots Market by Type
9.3.5.2.2 China Hospital Robots Market by Application
9.3.5.3 India Hospital Robots Market
9.3.5.3.1 India Hospital Robots Market by Type
9.3.5.3.2 India Hospital Robots Market by Application
9.3.5.4 Japan Hospital Robots Market
9.3.5.4.1 Japan Hospital Robots Market by Type
9.3.5.4.2 Japan Hospital Robots Market by Application
9.3.5.5 South Korea Hospital Robots Market
9.3.5.5.1 South Korea Hospital Robots Market by Type
9.3.5.5.2 South Korea Hospital Robots Market by Application
9.3.5.6 Rest of Asia-Pacific Hospital Robots Market
9.3.5.6.1 Rest of Asia-Pacific Hospital Robots Market by Type
9.3.5.6.2 Rest of Asia-Pacific Hospital Robots Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Hospital Robots Market Overview
9.4.2 Middle East and Africa Hospital Robots Market Forecasts and Analysis
9.4.3 Middle East and Africa Hospital Robots Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Hospital Robots Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Hospital Robots Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Hospital Robots Market
9.4.5.1.1 South Africa Hospital Robots Market by Type
9.4.5.1.2 South Africa Hospital Robots Market by Application
9.4.5.2 Saudi Arabia Hospital Robots Market
9.4.5.2.1 Saudi Arabia Hospital Robots Market by Type
9.4.5.2.2 Saudi Arabia Hospital Robots Market by Application
9.4.5.3 U.A.E Hospital Robots Market
9.4.5.3.1 U.A.E Hospital Robots Market by Type
9.4.5.3.2 U.A.E Hospital Robots Market by Application
9.4.5.4 Rest of Middle East and Africa Hospital Robots Market
9.4.5.4.1 Rest of Middle East and Africa Hospital Robots Market by Type
9.4.5.4.2 Rest of Middle East and Africa Hospital Robots Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Hospital Robots Market Overview
9.5.2 South and Central America Hospital Robots Market Forecasts and Analysis
9.5.3 South and Central America Hospital Robots Market Forecasts and Analysis - By Type
9.5.4 South and Central America Hospital Robots Market Forecasts and Analysis - By Application
9.5.5 South and Central America Hospital Robots Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Hospital Robots Market
9.5.5.1.1 Brazil Hospital Robots Market by Type
9.5.5.1.2 Brazil Hospital Robots Market by Application
9.5.5.2 Argentina Hospital Robots Market
9.5.5.2.1 Argentina Hospital Robots Market by Type
9.5.5.2.2 Argentina Hospital Robots Market by Application
9.5.5.3 Rest of South and Central America Hospital Robots Market
9.5.5.3.1 Rest of South and Central America Hospital Robots Market by Type
9.5.5.3.2 Rest of South and Central America Hospital Robots Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HOSPITAL ROBOTS MARKET, KEY COMPANY PROFILES
11.1. TERUMO
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DILIGENT
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MCKESSON
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SIEMENS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. AETHON
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. UVD ROBOTS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. UBTECH ROBOTICS INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SKYTRON
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. OMNICELL, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Terumo
2. Diligent
3. GE
4. McKesson
5. Siemens
6. Aethon
7. UVD Robots
8. UBTECH Robotics Inc.
9. Skytron
10. Omnicell, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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