Market Trends of Robotic Nurse Assistant Industry
Daily Care and Transportation Robots are Expected to Witness Growth Over the Forecast Period
Daily care robotic nurse assistance helps facilitate movement in hospitals as it can aid people in their activities of daily living (ADL). Daily care and transportation are transforming work in hospitals. Autonomous mobile robots (AMRs) are equipped with navigational systems that enable them to know about the place they are at and the place further away.
The shortfall of healthcare workers in hospitals requires daily care and transportation robots. For instance, according to the data published by the Health, Labor, and Welfare Ministry in February 2023, Japan is projected to face a shortage of approximately 377,000 healthcare workers by 2026. This anticipated labor shortage is expected to drive growth in the daily care and transportation robots segment during the forecast period.
Similarly, major players in the region engaged in product launches are expected to boost the growth of the market segment. For instance, in June 2023, Touchlab, a deep-tech robotics company and resident of the National Robotarium, unveiled a groundbreaking robot that enables clinicians to experience remote tactile feedback, revolutionizing patient care. This pioneering technology, dubbed Välkky, is currently undergoing a pilot program at a Finnish hospital. Similarly, in October 2023, Lancaster General Hospital (LGH) introduced two new robotic assistants, 'Roxy' and 'Rosie,' to its nursing staff. These robots are designed to help with routine non-clinical tasks like fetching and delivering supplies, freeing up nurses to devote more time to patient care. Thus, the installation of such robotics for daily care and transportation in hospital settings is expected to contribute to the segment growth over the forecast period.
Thus, the segment is expected to grow in the future due to the growing shortage of healthcare staff and the launch of robotic nurse assistant systems in hospitals.
North America is Expected to Hold Significant Market Share During the Forecast Period
The robotic nurse assistant market in North America is anticipated to flourish, fueled by the availability of advanced healthcare infrastructure and substantial R&D expenditures. The demand for surgical robots is increasing in North America due to the rising number of robotic-assisted surgeries in the region. The increasing threat of chronic diseases and the higher healthcare expenditure have spurred more robust sales of such robots in the area.
The increasing prevalence of chronic diseases in North America, coupled with a rapidly aging population, is fueling the growth of the robotic nurse assistant market in the region. The data from Health Canada Statistics in October 2022 projected that seniors will comprise nearly a quarter of the population by 2040. This demographic shift and rising chronic disease rates lead to higher hospital admissions, driving the demand for robotic nurse assistants and propelling market expansion in the region.
Furthermore, several hospitals are implementing robotic nurse assistants, which is another factor boosting the growth of the market. For instance, in March 2023, the Angleton Danbury campus of the University of Texas Medical Branch welcomed two new robotic staff members. These nearly life-sized robots are designed to assist human staff, allowing nurses to spend more time with patients by taking on specific tasks.
Moreover, several funding initiatives that support the development of robotic nurse assistants are expected to contribute to market growth. For instance, in April 2022, Diligent Robotics closed over USD 30 million in a series B funding, bringing the total investment raised to date to nearly USD 50 million. The funds raised during this round will help Diligent optimize the supply chain and design teams for faster robot deployment.
Thus, due to the growing number of hospital admissions and the increasing prevalence of chronic diseases, the market is expected to witness considerable growth during the forecast period.
