Technavio has been monitoring the global mobile robots market in healthcare and hospitality sectors and it is poised to grow by USD 941.58 million during 2020-2024, progressing at a CAGR of almost 19% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Mobile Robots Market in Healthcare and Hospitality Sectors 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
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What was the size of the mobile robots market in healthcare and hospitality sectors in 2019?
As per Technavio, the global market size was USD 685.71 million in 2019 and is poised to reach USD 1627.29 billion by 2024. -
Based on segmentation by product, which is the leading segment in the market?
Autonomous mobile robots is the leading segment in the market. -
What is a major trend in the market?
Increasing focus on technology-based solutions is one of the key trends in the market. -
At what rate is the market projected to grow?
Growing at a CAGR of almost 19%, the market growth will accelerate during the forecast period of 2020-2024. -
Who are the top players in the market?
ABB Ltd., Amazon.com Inc., Awabot, Clearpath Robotics Inc., Myomo Inc., OMRON Corp., Panasonic Corp., Savioke Inc., Starship Technologies Inc., and Teradyne Inc. are some of the major market participants. -
How big is the North American market?
The mobile robots market in North America was valued at USD 293.21 million in 2019.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Amazon.com Inc., Awabot, Clearpath Robotics Inc., Myomo Inc., OMRON Corp., Panasonic Corp., Savioke Inc., Starship Technologies Inc., and Teradyne Inc. are some of the major market participants. The increasing number of patients with chronic diseases will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The increasing number of patients with chronic diseases has been instrumental in driving the growth of the market.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Mobile Robots Market in Healthcare and Hospitality Sectors 2020-2024: Segmentation
Mobile Robots Market in Healthcare and Hospitality Sectors is segmented as below:
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End-user
- Healthcare
- Hospitality
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Geographic Landscape
- North America
- Europe
- APAC
- MEA
- South America
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Product
- Autonomous Mobile Robots
- Remote-controlled Mobile Robots
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43514
Mobile Robots Market in Healthcare and Hospitality Sectors 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The mobile robots market in healthcare and hospitality sectors report covers the following areas:
- Mobile Robots Market in Healthcare and Hospitality Sectors Size
- Mobile Robots Market in Healthcare and Hospitality Sectors Trends
- Mobile Robots Market in Healthcare and Hospitality Sectors Industry Analysis
This study identifies the increasing focus on technology-based solutions for enhanced customer experience as one of the prime reasons driving the mobile robots market growth in healthcare and hospitality sectors during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Mobile Robots Market in Healthcare and Hospitality Sectors 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist mobile robots market growth in healthcare and hospitality sectors during the next five years
- Estimation of the mobile robots market size in healthcare and hospitality sectors and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the mobile robots market in healthcare and hospitality sectors
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of mobile robots market vendors in healthcare and hospitality sectors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Autonomous mobile robots – Market size and forecast 2019-2024
- Remote-controlled mobile robots – Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Healthcare – Market size and forecast 2019-2024
- Hospitality – Market size and forecast 2019-2024
- Market opportunity by End-user
Customer Landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- Amazon.com Inc.
- Awabot
- Clearpath Robotics Inc.
- Myomo Inc.
- OMRON Corp.
- Panasonic Corp.
- Savioke Inc.
- Starship Technologies Inc.
- Teradyne Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
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List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200727005239/en/