Medical Telepresence Robots Market Size, Share & Trends Analysis By Type (Stationary, Mobile), By Component (Camera, Sensors & Control System), By End Use, By Region, And Segment Forecasts, 2021 - 2028

Report Overview

The global medical telepresence robots market size was valued at USD 39.38 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 18.5% from 2021 to 2028. The factors contributing to the growth of the market are the growing adoption of telepresence robots in the healthcare sector, product innovations, and the development of medical robotics. The rising prevalence of chronic diseases and the increasing geriatric population are propelling the demand for telepresence robots for regular monitoring and consultation from remote locations. Moreover, the Covid-19 pandemic had further boosted the demand for telepresence robots, especially in healthcare facilities. For instance, the InTouch Health Robot Vici was used by the Providence Regional Medical Center in Everett, Washington, to aid the virtual presence and communication between doctors and patients. Key market players are further investing in R&D to cater to the growing demand to ensure the introduction of telepresence robots with innovative medical features.

The features facilitating the swift and efficient two-way communication, the ability to connect from any location to monitor and consult the patients remotely, autonomous navigation, and healthcare-related features such as integrated stethoscope, screen body temperature, and fever warning are further boosting the adoption of telepresence robots in the market.

The encouraging government initiatives and investment supporting the research & development in artificial intelligence and robotics in most of the countries is driving innovations and attracting new entrants in the market. The rise in the number of market players offering cutting-edge solutions and higher focus on R&D as per changing requirements have resulted in the introduction of innovative solutions, further impacting the growth of the market.

Type Insights

In 2020, the mobile segment dominated the market with a revenue share of over 65.0% and is expected to witness the fastest growth over the forecast period. This is attributed to the features such as autonomous navigation, adjustable height, head motion, and obstacle avoidance that enable smooth and efficient delivery of services and virtual monitoring, thereby facilitating effective teleconsultation.

The stationary segment is expected to expand at a CAGR of 17.0% from 2021 to 2028. The adoption of stationary medical telepresence robots is growing gradually, and the comparatively low cost of the product is expected to drive the segment during the forecast period.

Component Insights

The camera segment dominated the market in 2020 with a share of more than 20.0% owing to the fact that its operations are essential for the working and functioning of the robot. The camera, display, speaker, and microphone components are essential parts of telepresence robots as they aid the two-way communication and the virtual presence of the users.

Technical components lead to smooth operations of telepresence robots. Fully functional telepresence robots rely on human instructions remotely that are provided manually. Components such as camera and display improve remote communication scenarios through features, such as visualization and clarity. These robots are monitored independently and are equipped with motorized stands, which are connected to the monitor.

End-use Insights

In 2020, the hospitals and assisted living facilities segment held the largest share of over 70.0%. This can be ascribed to the higher adoption of telepresence robots in hospital settings due to the features facilitating two-way communication from any distance and efficient teleconsultation and monitoring.

The home use segment is expected to expand at the highest CAGR of 19.5% over the forecast period owing to the increase in the geriatric population, rise in the number of patients with chronic illnesses needing regular monitoring, and the availability of some affordable telepresence robots in the market.

Regional Insights

In 2020, North America dominated the market with a revenue share of over 40.0% owing to the higher adoption of artificial intelligence and robotics in the healthcare sector and the increasing number of players in the region. In addition, the rise in disposable income, the growing geriatric population, and the increasing prevalence of chronic illnesses are expected to support the demand for medical telepresence robots.

Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to the rising government initiatives toward robotics and artificial intelligence and the higher adoption of robotics in the healthcare sector. In addition, the rise in the number of market players in the region, majorly in China and Japan, is fueling the growth of the market in Asia Pacific.

Key Companies & Market Share Insights

The growing government initiatives to support artificial intelligence and robotics, the rising adoption of robots in healthcare facilities, and the growth of communication technologies, such as 4G and 5G, are attracting new investments in the market. 

The rapidly changing technologies and varying requirements of the customers are further encouraging the market players to increasingly focus on research and development activities to provide innovative solutions. In addition, the increase in the number of market players providing state-of-the-art products and solutions with updated features is propelling the growth of the market. Some prominent players in the global medical telepresence robots market include:

• Amy Robotics

• Ava Robotics Inc.

• AXYN Robotics

• Blue Ocean Robotics

• Guangzhou Yingbo Intelligent Technology Co., Ltd.

• InTouch Health

• OhmniLabs, Inc.

• Rbot

• VGo Communications Inc.

• Xandex Inc.

Medical Telepresence Robots Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2016 to 2028. For this study, Grand View Research has segmented the global medical telepresence robots market report based on type, component, end use, and region:            

• Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Stationary

  • Mobile

• Component Outlook (Revenue, USD Million, 2016 - 2028)

  • Camera

  • Display

  • Speaker

  • Microphone

  • Power Source

  • Sensors & Control System

• End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals & Assisted Living Facilities

  • Home Use

• Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

    • South Africa