Robotic Nurse Assistant Market
Robotic Nurse Assistant Market Study by Independent Support Robots, Daily Care & Transportation Robots, and Pharma Automation Robots from 2024 to 2034
Analysis of Robotic Nurse Assistant Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Robotic Nurse Assistant Market Outlook (2024 to 2034)
Worldwide revenue from the sales of robotic nurse assistants is estimated at US$ 1.2 billion in 2024 and is projected to increase at a CAGR of 13.4% to reach US$ 4.24 billion by 2034.
The rising global population of the older population is driving demand for robotic nurse assistants for various daily assistance functions. In the coming 10 years, it is anticipated that the demand for robotic nurses will increase due to the rising investment in R&D activities to create technologically advanced robots for healthcare facilities.
Integration of digital technologies is leading to the creation of technologically advanced nurse-assisting robots that can successfully perform a nurse's everyday care task. The COVID-19 pandemic had a favorable effect on the market because a higher percentage of patients were hospitalized, which increased the demand for robotic nurse assistants for patients. While caring for COVID-19-infected patients, the robots also assisted in maintaining social distance, which drive the popularity of the robotic nurse assistants.
- The North American robotic nurse assistant market size is anticipated to reach US$ 1.82 billion by 2034.
- Western Europe is projected to hold 22.8% of the global robotic nurse assistant market share in 2024.
| Report Attribute | Detail |
|---|---|
| Robotic Nurse Assistant Market Size (2024E) | US$ 1.2 Billion |
| Forecasted Market Value (2034F) | US$ 4.24 Billion |
| Global Market Growth Rate (2024 to 2034) | 13.4% CAGR |
| South Korea Market Value (2034F) | US$ 180.4 Million |
| Daily Care & Transportation Robot Demand Growth (2024 to 2034) | 13.1% CAGR |
| Key Companies Profiled |
|
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What’s Driving Popularity of Robotic Nurse Assistants?
“Integration of AI and IoT Advancing Features of Robotic Nurses”
With the growing need to improve patient care quality and safety while reducing labor costs, robotics is set to play a much larger role in the healthcare industry. Robotic nurse assistants are gaining high popularity in the healthcare sector. The integration of advanced technologies such as machine learning (ML), Internet of Things (IoT), and artificial intelligence (AI) are some of the notable robotic nurse assistant market trends.
Robots are also revolutionizing the surgical procedure by streamlining supply delivery and sterilization, and allowing experts to concentrate on interacting and caring for patients. For the creation of medical robots, Intel is providing a various advanced technologies such as surgical assistance, modular, and autonomous mobile robots.
“Human-like Robots Set to Be Best Care Taker for Senior Citizens”
- According to World Health Organization, the geriatric population is set to double from 12% in 2015 to 22% by 2050.
Considering this data it is estimated that population of senior citizen is set to increase compared to past. Older population is more prone to various chronic disorders. Many countries across the globe are concerned about the health of senior citizens. In this context respective governments worldwide are focusing on the production of advanced technologies such as robots and AI capable of human interaction.
Use of robots is expected to improve the patient care quality. Various healthcare facilities are adopting robots with artificial super intelligence (ASI) to perform logistical and laborious physical tasks. Human a-like robots are also becoming popular in healthcare industry.
Which Aspects are Impacting the Profits of Robotic Nurse Assistant Manufacturers?
“High Cost Primarily Hindering Adoption of Robotic Nurse Assistants”
Robotic nurse assistant sales are likely to be constrained by factors such as safety concerns and the high cost of robotic systems. Maintenance, employee training, and process reconstruction all involve high variable costs. In addition, worries about the safety and security of these robots are limiting the growth of the robotic nurse assistant market.
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Start-up Ecosystem
- SARA a Dutch start-up offers assistive care robots for nursing homes. The robotic solutions of this company offer brain GYM games and gymnastics therapies to stimulate patient’s cognitive activities and to prevent dementia in the senior population.
- Parrots a United States-based start-up provides assistive robotic solutions for neurologically-challenged patients.
Robotics in the medical field enables high levels of patient care, effective clinical procedures, and a secure environment for patients and medical personnel. Exoskeleton robots, X-ray-based robots, and radiosurgery and radiotherapy robots are some of the advancements in the healthcare industry.
Country-wise Analysis
Why is the United States a Leading Market for Robotic Nurse Assistants?
“Rising Demand for Cutting-edge Healthcare Services and Patient Care”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 367.5 Million |
| Growth Rate (2024 to 2034) | 15.1% CAGR |
| Projected Value (2034F) | US$ 1.49 Billion |
Availability of top-notch healthcare facilities, shift towards adoption of advanced healthcare technologies, improved insurance company partnerships, and an increase in patients choosing superior healthcare services are some of the key factors driving market growth in the United States. The country’s growing need to maintain a nurse-to-patient ratio is also boosting the demand for robot-based assistants.
Which East Asian Country is Set to Offer High-Growth Opportunities for Robotic Nurse Assistant Manufacturers?
“Digital Transformation and Advancements in Wireless Communication Systems in South Korea”
| Attribute | South Korea |
|---|---|
| Market Value (2024E) | US$ 48.3 Million |
| Growth Rate (2024 to 2034) | 14.1% CAGR |
| Projected Value (2034F) | US$ 180.4 Million |
The South Korea market is set to register a high CAGR through 2034. This can be driven by the increasing developments and innovations in healthcare sector and the growing demand for robotic systems for elderly patient care. The advent of AI, IoT, and machine learning, as well as the country's expanding wireless communication systems are set to offer lucrative opportunities for robotic nurse assistant producers in South Korea.
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Category-wise Analysis
Which Type if Robotic Nurse Assistant is Widely Adopted?
“Independent Support Robots Vital Technologies for Effective Patient Care”
| Attribute | Independent Support Robots |
|---|---|
| Segment Value (2024E) | US$ 583.3 Million |
| Growth Rate (2024 to 2034) | 14% CAGR |
| Projected Value (2034F) | US$ 2.15 Billion |
Increasing number of disabled people across the globe and the growing proportion of elderly people who are suffering from chronic illnesses are making independent support robots very helpful in caring for such patients. These machines can also complete tasks faster and more accurately than humans. These robots also help in processing hospital workflow autonomously.
Who are Key End Users of Robotic Nurse Assistants?
“Hospitals and Clinics Leading Demand for Robotic Nurse Assistants”
| Attribute | Hospitals and Clinics |
|---|---|
| Segment Value (2024E) | US$ 451.6 Million |
| Growth Rate (2024 to 2034) | 14.1% CAGR |
| Projected Value (2034F) | US$ 1.69 Billion |
Shortage of nurses in various countries and the growing need for cutting-edge technologies in the healthcare industry are expected to contribute to the growing adoption of robotic nurse assistants in hospitals and clinics. The increasing global geriatric population is also boosting the use of medical robots in the senior care facilities for effective individualized care.
Competitive Landscape
Key players in the robotic nurse assistant industry are implementing strategic initiatives such as partnerships, mergers and acquisitions, collaborations, and product launches to increase their market share and presence. Demand for robotic nurse assistants is growing as a result of hospitals and healthcare facilities widely implementing them for various tasks.
Medical robotics facilitates tasks autonomously, more effectively and accurately, with the proliferations of machine learning, data analytics, computer vision, and other technologies. To investigate the next wave of robotics solutions, Intel is collaborating with tech companies and academics. Intel is fostering the discovery of new uses for AI and IoT technologies in the field of medical robotics by offering technology and research support.
| Year | 2022 |
|---|---|
| Strategy | Funding |
| Detail | A nurse-assisting robot company called Diligent raised more than USD 30 million in series B funding in April 2022. As the company continues to use its nurse assisting robot, Moxi, the funding will assist it in expanding its scalability and resolving its supply chain issues. |
| Year | 2022 |
|---|---|
| Strategy | MoC |
| Detail | A Memorandum of Cooperation (MoC) was signed between the RIKEN Center for Computational Science and the CSC, a Finnish centre of information technology expertise, to improve collaboration in the area of high-performance computing. This is set to make use of two world-class supercomputers: the Fugaku supercomputer run by RIKEN and LUMI, Europe's most effective pre-exascale supercomputer, hosted by CSC. |
Key Segments of Robotic Nurse Assistant Market Research
-
By Product Type :
- Independent Support Robots
- Daily Care & Transportation Robots
- Pharma Automation Robots
-
By End Use :
- Hospitals & Clinics
- Senior Care Facilities
- Homecare Settings
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
- FAQs -
What is the current size of the robotic nurse assistant market?
The global robotic nurse assistant market is calculated at US$ 1.2 billion for 2024.
What is the projected revenue from the sales of robotic nurse assistants for 2034?
The market for robotic nurse assistants is forecasted to reach US$ 4.24 billion by 2034.
At what rate are the sales of robotic nurse assistants expected to rise?
Demand for robotic nurse assistants is estimated to rise at a CAGR of 13.4% from 2024 to 2034.
What is the sales outlook for robotic nurse assistants in South Korea?
The South Korea market is projected to reach US$ 180.4 million by 2034.
Which type of robotic nurse assistant is most widely used?
Sales of independent support robots are evaluated at US$ 583.3 million in 2024.
Who are the leading manufacturers of robotic nurse assistants?
Some of the leading market players are Fraunhofer IPA, RIKEN-SRK, and Diligent Robotics.
Robotic Nurse Assistant Market