Global Robotic Nurse Assistant Market Worth USD 3.96 Billion by 2031 | CAGR of 15.98%

Introduction

Robotic nurses act as portals where remote doctors can communicate with their patients. Some tasks these robot nurses perform for their human counterparts include assisting with daily tasks, communicating with patients, monitoring patients, and accessing medical records. Machines like these also help alleviate the strain on medical staff in countries with a shortage of doctors and nurses. As a result, robotic nursing aides provide fundamental benefits related to safe patient lifting that are on par with those gained from conventional techniques, such as decreased clinician workplace injuries, worker's compensation payments, and missed work time.

Market Dynamics

Growing Demand for Robotic Systems Drives the Global Market

Improvements in software development practices and the introduction of cutting-edge visual and motion systems have led to a proliferation of unique robotic architectures. The modern robotic lab helper can find that vessel and draw blood painlessly. Robots in the pharmaceutical industry can also handle drug preparation and dosing. Larger facilities often employ robotic carts with lifts and automatic doors to move supplies like food and linens between stories. This factor fuels the growth of the market for robotic nurse assistants.

Furthermore, robots are reshaping how surgeries are conducted, making delivering supplies and sterilizing equipment easier while freeing staff to focus on patient interaction. For instance, Intel provides various tools for creating medical robots, such as those that can help during surgery, be built modularly, and operate independently.

Advancing Technological Breakthroughs and Increased Research Investment Creates Tremendous Opportunities

The market is expected to grow due to technological developments, increased funding for research into healthcare robots, and an increase in the use of AI in healthcare. The technology sector expanded by more than 41% in 2015, according to the International Federation of Robotics (IFR), but robot sales increased by 15% to 253,748 units. One of the primary factors propelling the robotic nurse assistant market is the growing elderly population. Researchers created robotic nurse assistants to lower the high patient-to-nurse ratio and other problems like a lack of qualified employees and time constraints for patient monitoring.

Furthermore, thanks to significant advancements in software programming methodologies and fresh vision and motion systems, the variety of robotic systems is expanding quickly. The brand-new robotic lab assistant can easily and fearlessly locate that vessel and collect a blood sample. Pharmaceutical lab robots can also prepare and dispense medication. Robotic carts are used in larger installations to transport food and linens from floor to floor, using elevators and automatic doors.

Regional Analysis 

North America is the most significant global robotic nurse assistant market shareholder. In 2022, the region had the highest revenue share at 44.68%. This is a result of the area's growing senior population. The World Health Organization (WHO) predicted that the population of people 65 and older would rise from 727 million in 2020 to nearly 1.5 billion in 2050, based on data from the National Institute on Aging in the United States. The market for robotic nurse assistants is expanding due to the rising demand for effective and affordable medical care brought on by the aging population.

Key Highlights

• The global robotic nurse assistant market was valued at USD 1.21 billion in 2022. It is projected to reach USD 3.96 billion by 2031, growing at a CAGR of 15.98% during the forecast period (2023-2031).
• Based on the product type, the global robotic nurse assistant market is bifurcated into independent support robots, daily care and transportation robots, and pharma automation robots. The independent support robot segment is the highest contributor to the market.
• Based on end-user, the global robotic nurse assistant market is segmented into hospitals and clinics, senior care facilities, and homecare settings. The hospitals and clinics segment dominates the global market.
• North America is the most significant global robotic nurse assistant market shareholder.

Competitive Players

Competitive Players

The key players in the global robotic nurse assistant market are Hstar Technologies, Diligent Robotics, Toyota Motor Corporation, RIKEN-SRK, SoftBank Robotics, Panasonic, Fraunhofer IPA, Aethon, and others.

Recent Developments

Market News

• In April 2022, Diligent, a startup that makes robots that aid nurses, secured more than USD 30 million in series B funding. The money helped the company as it continues to deploy its nurse-helping robot, Moxi, by enabling it to scale and address its supply chain concerns.
• In July 2022, SoftBank Robotics Group Corp. (SBR) formally introduced the Keenbot tray delivery robot.

Segmentation

Global Robotic Nurse Assistant Industry: Segmentation

By Product Type

• Independent Support Robots
• Daily Care and Transportation Robots
• Pharma Automation Robots

By End-User

• Hospitals and Clinics
• Senior Care Facilities
• Homecare Settings

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA