Mobile Telepresence Robots Market Business Opportunities in 2022
Mobile Telepresence Robots Market Analysis
and Size
The mobile telepresence robots marketis expected to witness significant growth during the forecast period. The market
is primarily driven by the corporate sector's growing adoption of telepresence
robots. Numerous businesses are investing in these robots to remotely access
various business activities as a result of the industry's growing digitization.
The growing popularity of remote working, particularly in light of the rapid
coronavirus illness outbreak, is also accelerating the implementation of
telepresence robots (COVID-19).
Data Bridge Market Research analyses
that the mobile telepresence robots market which was USD 48.7 billion in 2021,
would rocket up to USD 145.89 billion by 2029, and is expected to undergo a
CAGR of 14.70% during the forecast period 2022 to 2029. In addition to the
market insights such as market value, growth rate, market segments, geographical
coverage, market players, and market scenario, the market report curated by the
Data Bridge Market Research team also includes in-depth expert analysis,
patient epidemiology, pipeline analysis, pricing analysis, and regulatory
framework.
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Report:
Market Definition
Telepresence robotics is the use of
robots to provide a remote presence for a user. A robot that can be operated by
a tablet, computer, or smartphone and used to enable human presence virtually
when needed is referred to as a telepresence robot. These robots use
wheel-mounted stands, arm units, display screens, speakers, cameras, and
microphones. These elements help to provide smooth communication between people
at the remote location and the robot operator, with the added help of
high-speed internet connectivity. They can be broadly categorised as autonomous
mobile and motorised desktop robots, and because they make communication easier
for all parties involved, they have been widely used in the business,
corporate, and healthcare sectors for a variety of end uses.
Mobile
Telepresence Robots Market Dynamics
Drivers
·
Increase in demand of robots
Healthcare practitioners frequently
use these robots to provide their patients a virtual presence while they are in
distant regions. As a result, these gadgets are used for a variety of tasks
that require assistance, including remote medical monitoring and setting up
virtual visits with professionals. Additionally, these robots are widely used
by numerous educational institutions to effectively administer distant
education programmes, which is acting as a major growth-inducing element.
(COVID-19).
·
Ongoing Developments
The market is expected to grow for
ongoing developments in artificial intelligence (AI) and machine learning (ML)
technology. The expansion of high-speed network infrastructures, the adoption
of smartphones, and companies' substantial research and development (R&D)
efforts are a few key reasons that are fuelling the market's expansion. Due to
the above-mentioned factors, it is expected that the market would expand
between forecast period 2022 and 2029.
·
Technological advancements
One of the key factors accelerating
market growth is increasing demand from the healthcare sector. Other important
drivers include low cost due to the availability of supporting devices, rising
operational efficacy in medical organisations as a result of technological advancements
in telepresence robots, rising advancement in robotic technology, and
widespread adoption from the education to residential sectors. Additionally,
throughout the above-mentioned forecast period, growing R&D activities in
the market, widespread usage of robotic technology in the residential and
educational sectors, and rising robotic technology advancements will all open
up new chances for the mobile telepresence robots market.
Opportunities
·
Rising popularity of robotics
The rising popularity of robotics
among consumers is due to their ability to perform various tasks autonomously.
This is expected to drive the demand for mobile telepresence robots, thereby
propelling the growth of the market.
Restraints/Challenges
On the other hand, the rising lack of
secure communication and common protocols will obstruct the market's
growth rate.
This mobile telepresence robots market
report provides details of new recent developments, trade regulations,
import-export analysis, production analysis, value chain optimization, market
share, impact of domestic and localized market players, analyses opportunities
in terms of emerging revenue pockets, changes in market regulations, strategic
market growth analysis, market size, category market growths, application niches
and dominance, product approvals, product launches, geographic expansions,
technological innovations in the market. To gain more info on the mobile
telepresence robots market contact Data Bridge Market Research for an Analyst
Brief, our team will help you take an informed market decision to achieve
market growth.
Recent Development
·
In January 2019, The Ohmni Supercam, the
newest telepresence robot from OhmniLabs, was introduced. Users of the
telepresence robot can view content on whiteboards and printed papers more
clearly than with previous systems because to the robot's highest resolution
camera.
Global
Mobile Telepresence Robots Market Scope
The mobile telepresence robots market
is segmented on the basis of component, interface, type and application. The
growth amongst these segments will help you analyze meagre growth segments in
the industries and provide the users with a valuable market overview and market
insights to help them make strategic decisions for identifying core market
applications.
Component
·
Head
·
Body
Interface
·
Hardware
·
Software
Type
·
Stationary
·
Mobile
Application
·
Education
·
Healthcare
·
Enterprise
·
Homecare
·
Others
Mobile
Telepresence Robots Market Regional Analysis/Insights
The mobile telepresence robots market
is analysed and market size insights and trends are provided by country,
component, interface, type and application as referenced above.
The countries covered in the mobile
telepresence robots market report are U.S., Canada and Mexico in North America,
Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain,
Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore,
Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific
(APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt,
Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and
Africa (MEA), Brazil, Argentina and Rest of South America as part of South
America.
North America dominates the mobile
telepresence robots market due to increasing advancement in the robotic technology
and wide level adoption from education and residential sectors in this region.
Asia-Pacific is expected to grow at
the highest growth rate in the forecast period of 2022 to 2029 due to
increasing demand from the healthcare industry in these regions.
The country section of the report also
provides individual market impacting factors and changes in regulation in the
market domestically that impacts the current and future trends of the market.
Data points like down-stream and upstream value chain analysis, technical
trends and porter's five forces analysis, case studies are some of the pointers
used to forecast the market scenario for individual countries. Also, the
presence and availability of global brands and their challenges faced due to
large or scarce competition from local and domestic brands, impact of domestic
tariffs and trade routes are considered while providing forecast analysis of
the country data.
Healthcare Infrastructure Growth Installed
base and New Technology Penetration
The mobile telepresence robots market
also provides you with detailed market analysis for every country growth in
healthcare expenditure for capital equipment, installed base of different kind
of products for mobile telepresence robots market, impact of technology using
life line curves and changes in healthcare regulatory scenarios and their
impact on the mobile telepresence robots market. The data is available for
historic period 2010-2020.
Competitive
Landscape and Mobile Telepresence Robots Market Share Analysis
The mobile telepresence robots market
competitive landscape provides details by competitor. Details included are
company overview, company financials, revenue generated, market potential,
investment in research and development, new market initiatives, global
presence, production sites and facilities, production capacities, company
strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies' focus related to mobile telepresence robots market.
Some of the major players operating in
the mobile telepresence robots market are:
·
Double Robotics Inc. (U.S.)
·
Bossa Nova Robotics (U.S.)
·
Suitable Technologies Inc. (U.S.)
·
VGo Communications Inc (U.S.)
·
Mantaro Networks Inc (U.S.)
·
Teladoc Health Inc.(U.S.)
·
Qihan Technology Co. Ltd (China)
·
Ava Robotics (U.S.)
·
Camanio AB (Sweden)
·
Xandex Inc (U.S.)
·
OhmniLabs Inc (U.S.)
·
Omron Corporation (Japan)
·
iRobot Corporation (U.S.)
Research
Methodology: Global Mobile Telepresence Robots Market
Data collection and base year analysis
is done using data collection modules with large sample sizes. The market data
is analyzed and estimated using market statistical and coherent models. Also
market share analysis and key trend analysis are the major success factors in
the market report. To know more please request an analyst call or can drop down
your inquiry.
The key research methodology used by
DBMR research team is data triangulation which involves data mining, analysis
of the impact of data variables on the market, and primary (industry expert)
validation. Apart from this, data models include Vendor Positioning Grid,
Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid,
Company Market Share Analysis, Standards of Measurement, Global versus Regional
and Vendor Share Analysis. To know more about the research methodology, drop in
an inquiry to speak to our industry experts.
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