Telepresence robots are widely utilized in the medical sector as a vital tool in clinical simulation and also to teach the concepts of telehealth to healthcare professionals. Also, telepresence solutions are used for generating many new avenues for students to engage patients from remote areas. However, it is expected that there will be high demand for telepresence robots in the future. These telepresence robots are widely adopted for training purposes in medical education.
The global medical telepresence robots market is expected to show exponential growth in the long run. The easy access of telepresence robots to healthcare specialists and off-site supervising doctors will open several new avenues in the market. The growing utilization of these robots in medical intensive care units is likely to revolutionize medical operations, thereby bringing a significant shift in the healthcare medical sector. The telepresence robots are likely to lower the waiting period for patient admission and procedures, thereby contributing profusely to escalate the growth of the global medical telepresence robots market. In addition, the medical telepresence robots will significantly improve the wellbeing of the geriatric population. The growing occurrences of chronic ailments globally will further steer the demand for medical telepresence robots in the coming years. Such massive utilization of telepresence robots along with product innovations and creation will widen the scope of these robots.
The outbreak of the Covid-19 pandemic is likely to positively impact the growth of the market as a wide range of operations are being executed through these telepresence robots. Such an emerging landscape and wide acceptance of such robots in nursing homes and clinics are likely to support the growth of the market. Also, the ongoing technological advancements in the field of medical telepresence robots to launch advanced and more modernized products will also help in soaring the demand and widening the scope of medical telepresence robots globally.
The global medical telepresence robots market can be segmented into components, type, end-user, and region.
By component, the market can be segmented into sensors & control systems, power source, microphone, speaker, display camera, and others.
By type, the market can be segmented into mobile and stationary.
By end-user, the market can be segmented into home use, hospital & assisted living facilities, and others.
North America accounts for the largest share in the global medical telepresence robots market due to the wide adoption of these robots in the medical sectors in the region. Also, the growing geriatric population along with the high prevalence of chronic diseases in the region will support the demand for search robots.
Asia Pacific is expected to grow with the highest CAGR during the forecast period due to the growing disposable income of the people in the region. Also, the growing government initiatives to encourage the adoption of medical telepresence robots in the healthcare sector will further accentuate the growth of the regional market.
Some of the significant players in the global medical telepresence robots market are Xandex Inc., VGo Communications Inc., Rbot, OhmniLabs, Inc., InTouch Health, Guangzhou Yingbo Intelligent Technology Co., Ltd., Blue Ocean Robotics, AXYN Robotics, Ava Robotics Inc., and Amy Robotics. To cite, InTouch Technologies in April 2018 agreed to acquire REACH Health. This will strengthen the leading position of the company as a telehealth partner for hospitals and health systems.