Robotic Nurses Market Trends and Segments Forecast To 2028
The global robotic nurses market size was valued at USD 567.53 million in 2021 and expected to reach USD 1989.86 million by 2028, at a CAGR of 18.9% during the forecast period 2022-2028. Robotic nurse assistants, sometimes known as Cerebos, are autonomous mobile robots that are built and programmed to assist (but not replace) nurses in hospitals, care centers, and even homes for the treatment and health care of individuals, particularly the elderly and physically challenged. Several regular activities, such as taking blood sugar and blood pressure measurements, are also performed by robot nurses. Over the last few decades, technology has advanced to the point that it is now freely available and has a number of advantages. In many technologically advanced regions, people are living longer and having fewer children, resulting in a rise in the elderly population. Japan is claimed to be the world's oldest country. According to the World Bank statistics, 27 percent of Japan's population is over 65 years old in 2016. In the United States, the population aged 65 and older accounts for 15% of the population, while in Europe, the population aged 65 and older accounts for 20% of the population (2016). These figures are expected to increase in the near future, making it harder to sustain the caregiver-to-geriatric population ratio. High patient-to-nurse percentages, as well as factors like long shifts, overtime work, a lack of skilled staff, and insufficient time to monitor patients, have been related to low patient health outcomes like falls, fractures, skin damage, and death, as well as nursing staff back and arm pain.
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The key drivers that are expected to boost the market demand
for nursing robots during the projected timeline are technical advances and
growing research within the field of healthcare robotics, increasing
implementation of automation and Artificial Intelligence in health care system,
and a rapidly growing ageing population. Nursing robots' growing demand is
being stifled by factors such as high robotic system purchase and maintenance
costs, as well as safety issues for nurses and patients. Increased technology
and development in healthcare, also including augmented and virtual reality,
including the use of big data and AI for health monitoring, as well as
cost-cutting constraints on the healthcare business, are likely to lead to more
robotics application in the nursing profession.
The global robotic nurses market segmentation:1
1) Product Type: Autonomous Mobile Robots, Independence Support
Robots, Daily Care & Transportation Robots.
2) By End-user: Homecare Settings, Senior Care Facilities, Hospitals
& Clinics.
Globally,
Japan is now the biggest producer of nursing robots, due to the country's
having to compensate for a rapidly expanding senior population and a shrinking
professional staff to care for them. In terms of nursing robots, North America,
Japan, and Europe are likely to be key markets in the years ahead, followed by
the rest of Asia Pacific.
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There are some major players working in robotic
nurses market, which include Herzog, Cobra Braids, NIEHOFF Schwabach, OMA, Spirka
Schnellflechter, Mayer Industries, Steeger, Knitting Machinery Corp, Lamb
Knitting Machine Corp, Atlanta Attachment, Wardwell, Windmill Associates
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