The global robotic nurse assistant market size 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).
Robotic nurses help patients get around and carry out basic care tasks like taking vital signs and administering medication. Therefore, robotic nurses serve as entry points for doctors to establish long-distance patient connections. Assistance with daily activities, communication with patients, monitoring of patients, and access to medical records are just some of the tasks these robotic nurses perform for their human counterparts. In addition, the ratio of patients to nurses can be reduced with the help of these machines, which is especially helpful in countries with a shortage of medical professionals. Therefore, robotic nursing assistants offer fundamental benefits related to safe patient lifting comparable to those gained from conventional techniques, such as a lower prevalence of clinician workplace injuries, worker's compensation payments, and missed work time.
Robotic systems are becoming increasingly diverse due to significant improvements in software programming methodologies and new visual and motion systems. The new robotic lab assistant can locate that vessel and draw blood without discomfort. Pharmaceutical lab robots can also prepare and administer drugs. Robotic carts are used in larger installations to transport food and even bed linens from floor to floor, using lifts and automatic doors. This aspect propels the market's expansion for robotic nurse assistants.
Additionally, robots are revolutionizing how surgeries are performed in the medical field, easing supply delivery and sterilization while freeing staff to focus on engaging and caring for patients. For instance, Intel offers a wide range of technology for developing medical robots, including surgical aid, modular design, and autonomous mobile robots. Such factors drive market growth over the forecast period.
The increase in funding and grants for developing technologically advanced nurse-assisting robots that can successfully perform a nurse's daily tasks is another factor contributing to the growing demand for robotic nurses. For instance, the nurse-helping robot company Diligent raised more than USD 30 million for its series B fundraising in April 2022. The company will use the funds to increase its scalability and address supply chain issues as it continues implementing its nurse-assisting robot, driving market growth.
Nowadays, robotics occupies a considerably more significant position in the healthcare sector due to the need to increase care quality and safety while lowering costs. Robotic nurse assistants are more necessary than ever, but their higher price limits the market's expansion. High variable costs are associated with maintenance, workforce training, and process reconstruction. Additionally, concerns about the security and safety of these robots are restricting the market's growth. The continued development of accessible technologies and rising production quantities brought on by the increasing acceptance of robotic nurse aides are expected to lower the cost of manufacturing such robots.
Technology advancements, increased healthcare robot research funding, and the rising prevalence of AI in healthcare all point to market expansion. The International Federation of Robotics (IFR) reports that while the technology industry grew by more than 41% in 2015, robot sales increased by 15% to 253,748 units. The rising number of elderly individuals is one of the main factors driving the worldwide robotic nurse assistant market. Researchers developed robotic nurse assistants to reduce the high patient-to-nurse ratio and other issues like a shortage of competent workers and time restrictions for patient monitoring.
Additionally, the variety of robotic systems is expanding quickly due to significant improvements in software programming techniques and new vision and motion systems. The new robotic lab assistant can find that vessel without discomfort or fear and take a blood sample. The robots in pharmaceutical labs can also dispense and prepare medications. In larger installations, robotic carts move food and bed linens from floor to floor while riding lifts and navigating automatic doors.
The global robotic nurse assistant market is segmented into product type and end-user.
Based on the product type, the global 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. The segment held a revenue share of over 39.1% in 2022. There has been a rise in the elderly population and the number of people with disabilities, both of which require constant care, driving the growth of the market for caregiving robots. These robots can also complete human duties faster and more accurately than humans, beneficially assisting the market's expansion.
The daily care and transportation robot segment is expected to experience the fastest growth rate. These robots process hospital workflow independently, improving the caliber and output of the healthcare industry. In addition, a major driver driving this market is the increased demand for nurse assistance robots to support healthcare staff in carrying out their everyday activities more effectively.
Based on end-user, the global market is segmented into hospitals and clinics, senior care facilities, and home care settings.
The hospitals and clinics segment dominates the global market. The segment emerged as the dominant segment with a revenue share of over 41.1% and is expected to grow at a lucrative rate during the forecast period. The rising popularity of medical robots like robot nurses is changing the face of healthcare. Clinics are predicted to expand faster than the market because of several factors, including a worldwide shortage of nurses, rising healthcare costs, and the implementation of innovative new technologies.
Senior care facilities are anticipated to expand fastest during the forecast period—16.3%—due to the rising global geriatric population. The market is growing because older individuals are more likely to have chronic conditions and need individualized treatment. According to a report by the Union Ministry of Family and Health Welfare, two out of every three older adults have a chronic illness released in 2020. The competitors' expanding strategic activities to introduce new goods at competitive prices also fuel the market expansion.
Based on regions, the global robotic nurse assistant market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
North America is the most significant global robotic nurse assistant market shareholder. The region held the highest revenue share of 44.68% in 2022. This is due to the increasing number of elderly people in this area. Based on data from the National Institute on Ageing in the United States, the World Health Organization (WHO) predicted that the number of people 65 and older would increase from 727 million in 2020 to nearly 1.5 billion in 2050. 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. In addition, the United States is expanding significantly in North America due to the growing use of technology in healthcare. The most current technology developments have protected the nurse-to-patient ratio, encouraging regional market expansion.
Asia-Pacific is expected to grow at a CAGR of 22.7% during the forecast period. Rising healthcare spending and the region's perpetually expanding healthcare infrastructure are predicted to significantly impact the robotic nurse assistant market. In addition, the Japanese government is actively promoting the development of healthcare robots in the country by offering incentives to researchers and manufacturers due to a nursing shortage in the country.
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