Healthcare Robotics: Medical Telepresence Robots Market to Witness Exponential Growth, Reaching US$459.1 Million by 2032 | FMI

Medical Telepresence Robots Market

The global medical telepresence robots market is currently valued at US$ 61.1 million in 2022 and is expected to experience rapid growth in the coming years, reaching a total value of US$ 459.1 million by 2032. This represents a remarkable compound annual growth rate (CAGR) of 22.5% throughout the forecast period of 2022-2032.

Future Market Insights, a market intelligence, and competitive intelligence firm estimates that the Medical Telepresence Robots Market is anticipated to witness incredible growth in the coming years due to rising demand for such systems from the healthcare industry, a large number of supporting devices available, and the growing adoption in educational and recreational settings. According to the study, the global market was valued at US$ 50.1 Million in 2021, and it is also expected to expand at a CAGR of 22.5% over the assessment period of 2022-2032.

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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 market 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 Mn 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 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

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 market, 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).

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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 helps 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 analysed 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.

Key Segments Covered In Medical Telepresence Robots Industry 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

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 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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