Medical Telepresence Robots Market Size, Share & Trends Analysis Report By Type (Stationary, Mobile), By Component (Camera, Sensors & Control System), By End Use, By Region, And Segment Forecasts, 2022 - 2030

Report Overview

The global medical telepresence robots market size was valued at USD 48.7 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 18.3% from 2022 to 2030. The growth of the space is attributed to surge in adoption of telepresence robots in the healthcare sector, introduction of technologically advanced products and growing investment in the healthcare sector. For instance, in January 2022, Intuitive India launched Intuitive Telepresence (ITP) which is a remote observation technology for surgical cases. The ITP utilizes its proprietary technology that allows real-time exchange of video and audio between the operating surgeon and remote observer. ITP technology is HIPPA compliant which offers a safe and secure platform for distant learning on the da Vinci Robotic platform.

Rising incidences of chronic disease and growing percentage of geriatric population further fuels the growth for telepresence robots as these can be used for regular monitoring and consultation from remote locations. As per the data released by UN, about 703 million people were aged 65 years or above in 2019 and the number is expected to increase to 1.5 billion in 2050. Telepresence robots can help geriatric population to stay at home and get connected to healthcare professionals for their checkup, thereby reducing the burden on healthcare institutions.

The features of telepresence robots such as allow efficient and quick two-way communication, the ability to connect remotely from any location to monitor and consult the patients, autonomous navigation, and healthcare-related features such as integrated stethoscope, screen body temperature, and fever warning are further boosting the adoption of medical telepresence robots. The encouraging initiatives by government and growing investment support for the research and development in the field of artificial intelligence and robotics in most of the developing countries is boosting innovations and attracting new entrants in the market for medical telepresence robots. The growth in the number of key 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 for medical telepresence robots. 

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

Moreover, the COVID-19 pandemic has further boosted the demand for telepresence robots, especially in healthcare facilities as remote patient monitoring was boosted during the peak pandemic period. For instance, OhmniLabs invested significant resources to provide their state of the art telepresence robots to healthcare organizations who were fighting against COVID 19. Key players in the space are further investing in research and development for catering to the growing demand to ensure the introduction of telepresence robots with innovative medical features. 

Type Insights 

In 2021, the mobile segment dominated the market for medical telepresence robots and accounted for revenue share of 68.0% and is expected to witness the fastest growth over the forecast period. Features like adjustable height, obstacle avoidance, autonomous navigation, and head motion that provide efficient and smooth delivery of services and virtual monitoring, thereby facilitating effective teleconsultation, drives the market for medical telepresence robots. Growth in the healthcare sector along with rising government initiatives to provide healthcare facilities to remote location further boosts market growth. The stationary segment is expected to showcase a CAGR of 16.7% from 2022 to 2030. The segment is growing gradually and cost parameter is one of the major factor supporting the segmental growth. The cost of stationary robot is comparatively lower than mobile robot which may lead to rise in adoption of stationary telepresence robots. 

Component Insights 

The camera segment dominated the market for medical telepresence robots and accounted for revenue share of 22.7% in 2021. Components such as display, camera, microphone and speaker are important parts of telepresence robots as these parts helps in the two-way communication virtually. Smooth operations of telepresence robots require fully functional technical components. Components such as camera and display improve remote communication scenarios through features, such as visualization and clarity. These robots are monitored autonomously and consists of motorized stands, which are connected to the monitor. However, with the growing advancement in technology, sensors and control systems are expected to showcase faster CAGR of 21.3%. Growing investment in the R&D of IoT and artificial intelligence is expected to boost market growth in coming future.

End-use Insights 

The hospitals and assisted living facilities segment held the largest revenue share of 74.6% in 2021. Growing healthcare infrastructure and introduction of advanced telepresence robots in hospital settings that allows facilitating two-way communication from any distance for efficient teleconsultation and monitoring are the major factors propelling market growth. Furthermore, growing government initiatives to provide healthcare services even in remote location further fuels market growth.

The home use segment is expected to expand at the highest CAGR of 19.3% over the forecast period. The growth of this segment is attributed to rising geriatric population and growing penetration of chronic diseases which increases the demand of telepresence robots for regular monitoring. The availability of some affordable telepresence robots is also supporting market growth.

Regional Insights 

In 2021, North America dominated the medical telepresence robots market and accounted for revenue share of 40.8% in 2021. The growth of this region is attributed to rapid adoption of robotics and artificial intelligence in the healthcare sector and presence of key players in the market. Moreover, growing disposable income, rising geriatric population, and the increasing penetration of chronic illnesses are expected to support the demand for medical telepresence robots. 

In Asia Pacific, the market for medical telepresence robots is projected to grow fast over the forecast period owing to the growing initiatives of government toward robotics and AI and the growing adoption of robotics in the healthcare departments. 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 for medical telepresence robots in the region. In addition, increasing prevalence of chronic diseases further fuels the market growth. 

Key Companies & Market Share Insights 

The key participants in the market for medical telepresence robots are creating various strategic initiatives to expand their business footprint and gain a competitive edge in the in the medical telepresence robots industry. Key players are focusing on strategic initiatives such as mergers and acquisitions, collaborations, partnerships, funding and investments, and innovative product developments and launches to expand their expertise and product portfolio. Some of the prominent players in the 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 

Global Medical Telepresence Robots Market Segmentation 

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2030. For the purpose of this study, Grand View Research, Inc. has segmented the global medical telepresence robots market report on the basis of type, component, end-use, and region:

• Type Outlook (Revenue, USD Million, 2016 - 2030)

  • Stationary

  • Mobile

• Component Outlook (Revenue, USD Million, 2016 - 2030)

  • Camera

  • Display

  • Speaker

  • Microphone

  • Power Source

  • Sensors & Control System

• End-use Outlook (Revenue, USD Million, 2016 - 2030)

  • Hospitals & Assisted Living Facilities

  • Home Use

• Regional Outlook (Revenue, USD Million, 2016 - 2030)

  • 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