About Hospital Logistics Robots
The steady improvements in hardware-related drawbacks will be one of the key factors driving the growth of the hospital logistics robots market. Companies are steadily focusing on improving the hardware technology of the robots to overcome hardware drawbacks such as loss of efficiency due to non-productive time on the floor or inability to recognize and categorize objects. Hospital logistics robots are equipped with advanced technology that drives their efficiency and effectiveness.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 16.22% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined collaborations. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Hospital Logistics Robots market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Diligent Robotics Inc. (United States), Kollmorgen Corp. (United States), KUKA AG (Germany), Midea Group Co. Ltd. (China), Mobile Industrial Robots AS (Denmark), OMRON Corp. (Japan), PAL Robotics SL (Spain), Panasonic Corp. (Japan), Savioke Inc. (United States) and Singapore Technologies Engineering Ltd. (Singapore) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hospital Logistics Robots market by Type (Automated Guided Vehicle and Mobile Robot), Application (Pharmacy, Laboratory, and Sterile Goods Delivery, Food Delivery, Laundry Delivery and Waste Transportation) and Region.
On the basis of geography, the market of Hospital Logistics Robots has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Technological Advancements in Robotic Systems and Growing Investments in R&D Activities
Market Growth Drivers:
High Labor Cost and Shortage of Skilled Human Workforce
Challenges:
Concerns Regarding Handling Unexpected Situations
Restraints:
High Cost of Robotic Systems
Opportunities:
Strong Hospital Infrastructure and Extensive Adoption of Robots in Hospitals and High Potential Growth in Emerging Economies
Market Leaders and their expansionary development strategies
In December 2023, SoftBank Robotics America (SBRA), the North American division of the global leader in robotics solutions with over 20,000 robots deployed, has announced a strategic partnership with Formant, the leading robot management system (RMS). The partnership will drive deeper integration across the portfolio of solutions SoftBank Robotics offers to help businesses transform the way they get work done.
In June 2023, EK Robotics has announced the launch of its Medi Move model series for the global healthcare industry. Made of stainless steel and equipped as a transport platform with a lifting table for picking up and dropping off loads, the new robot has been designed for 24-hour logistics operation in hospitals.
Key Target Audience
Manufacturers of Hospital Logistics Robots, Suppliers of Raw Materials, Distributors of Hospital Logistics Robots, Potential Investors, End-User Industries, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.