Telepresence Robot Market size was valued at US$ 165.4 Mn. in 2020 and the total revenue is expected to grow at 11.53 % through 2021 to 2027, Telepresence Robot Market is reaching nearly US$ 355.04 Mn. by 2027.
Telepresence Robot Market Overview:A telepresence robot is a type of smartphone controlled robot. It is a type of robot which can be controlled using devices. The robot placed on the stand contains wheels, arm unit, video camera and display screen to facilitate the communication. It is mainly used in an organizational environment where users can remotely manipulate the robot and interact with others through the built-in smartphone or tablet application. Therefore, it has a wide range of applications in various industries, including enterprise, education, healthcare, home care, etc. Many telepresence robots are equipped with functions such as laser pointers, zoom functions, and autonomous driving to enhance communication and convenience. Through this comprehensive control of the robot, users can view and interact with the remote environment, whether in a hospital, nursing home, manufacturing plant, or warehouse. The telepresence robot's slight presence capabilities allow surgeons to support peers in different locations around the globe, sick children attend classes and interact with classmates, and doctors can interact with patients when they are not on the spot. To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2015 to forecast the market through 2027. 2020 is considered a base year however 2020’s numbers are on real output of the companies in the market. Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Global Telepresence Robot Market Dynamics:The demand for telepresence robots are increasing in various industries like healthcare, education, retail and hospitality to drive the market. Mostly telepresence robots are used in the healthcare industry because it is cost effective, these robots help the patient at their bedside to help the patient for its recovery. These robots help nurses to transport medical suppliers, sanitize the room and also assist the doctors for the surgery. The increasing trend of digitalization as well as technological development in artificial intelligence and machine learning are key factors growing the market. One of the most significant factors that drive the market at high speed is flexibility of telepresence robots either in the field of medical or education, business and security. The telepresence robot permits according to users conveniences. Beyond fixed video conferencing, the telepresence robot is the next step forward, taking advantage of existing communications infrastructure as well as recent breakthroughs in robotics technology. Market growth is also fuelled by the main enabling technologies for these robots. The restraints are technical errors that occur while handling the robot, resulting in operational problems. Expertise is in scarce supply among professionals. High expenditures, poor employee training, and the loss of sensitive information are the issues that telepresence robot companies confront. The market's potential has been reduced. The need of high-speed networking for the effective operation of the Telepresence Robot Market growth and the Teleperformance robotic system has been recognized as a key marketing potential. The 4G and 5G connections have been used to create a high-speed networking system.
Global Telepresence Robot Market Segment Analysis:The Global Telepresence Robot Market is sub-segmented into Component, Type and Application. Based on Application, market is sub-segmented into Education, Healthcare, Enterprise, Homecare and Others. The healthcare application was leading the market in 2020, and it is expected to grow at CAGR xx% during the forecast period. Telemedicine is a rapidly evolving technology advancement in the healthcare industry that incorporates remote patient monitoring through the use of digital technologies such as video conferencing capabilities, while also allowing patients and healthcare providers to engage remotely. Telemedicine expansion is being aided by the increasing usage and popularity of telepresence robots in the healthcare industry. Telepresence robotics can help with remote patient monitoring in rural hospital settings where a medical specialist is physically unavailable, and the robot can be used to connect the patient with the healthcare professional. A nurse can also connect remotely and supervise the patient's recuperation from home. As a result of this technology adoption, quality health care is now available in remote locations. This has been aided by the rapid innovation and growth of communications technology, which has resulted in a full environment supporting growth. According to Robohub, a telepresence medical robot, is a customizable robot that monitors changes in a patient's medical bedside data and behavior and sends alerts to nurses signaling important changes in the patient's condition and takes rapid action. During the pandemic, Pepper, for example, used robotics to let patients on the intensive care ward to converse with family members who were not permitted to visit. The robot was able to stand next to the patient's bed and deliver a video conference using the tablet on its chest.
Global Telepresence Robot Market Regional Analysis:With robust network infrastructure and acceptance of new technology, North America is expected to have a substantial market for such robots. The region is expected to be a key contributor to the technology. Telepresence robots for commercial purposes are currently expensive in the region, necessitating large upfront investments. The availability of important supporting facilities, such as communication and power, makes the regional market for vendors to pitch their products. The availability of clear regulations, increased purchasing power, and the end-user industry's ability to upgrade the experience have all been driving forces in the region. Educational institutions in the region, such as schools, are rapidly adopting technological items to enrich and improve students' learning experiences. This has also aided the regional market in gaining a leading position in the industry. Due to the lower cost of the robot, there has been a lot of competition for telepresence robots in the region. For example, Beam, which was recently bought by Blue Ocean, offers two robots: a smaller Beam Pro that sells for roughly USD 15,000 for high-end devices and a larger Beam Pro that sells for around USD 2,000-USD 4,000 for low-end users. The objective of the report is to present a comprehensive analysis of the global Telepresence Robot Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Telepresence Robot Market dynamics, structure by analyzing the market segments and project the global Telepresence Robot Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Telepresence Robot Market make the report investor’s guide.
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Global Telepresence Robot Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 165.4 Mn. Forecast Period 2021 to 2027 CAGR: 11.53 % Market Size in 2027: US $ 355.04 Mn. Segments Covered: by Component • Head o Camera o Display o Speaker o Microphone • Body o Power source o Sensor and Control system by Type • Stationary • Mobile by Application • Education • Healthcare • Enterprise • Homecare • Others
Global Telepresence Robot Market, by Region• North America • Europe • Asia Pacific • Middle East and Africa • South America
Global Telepresence Robot Market Key Players• Double Robotics • Inbot Technology • Suitable Technologies • Mantaro Networks • VGO Communications • Intouch Technologies • Qihan Technology • Amy Robotics • Anybots • Superdroid Robots • Ava Robotics • Camanio Care • Wicron • Xandex • Rbot • Endurance Robots • Beam Telepresence • AXYN Robotique • OhmniLabs • Swivl • Xaxxon Technologies Frequently Asked Questions: 1) What was the market size of Global Telepresence Robot Market in 2020? Ans - Global Global Telepresence Robot Market was worth US$ 165.4 Mn. in 2020. 2) What is the market segment of the Telepresence Robot Market? Ans -The market segments are based on Component, Type and Application. 3) What is the forecast period considered for Global Telepresence Robot Market? Ans -The forecast period for Global Telepresence Robot Market is 2021 to 2027. 4) What is the market size of Global Telepresence Robot Market markets in 2027? Ans – Global Telepresence Robot Market is estimated as worth US$ 355.04 Mn. 5) Which region is dominated in Global Telepresence Robot Market? Ans -In 2020, the Europe region dominated the Global Telepresence Robot Market.
1. Global Telepresence Robot Market : Research Methodology 2. Global Telepresence Robot Market : Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Telepresence Robot Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Telepresence Robot Market : Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-17.6 Impact 4. Global Telepresence Robot Market Segmentation 4.1. Global Telepresence Robot Market ,by Component (2020-2027) • Head o Camera o Display o Speaker o Microphone • Body o Power Source o Sensors and Control System 4.2. Global Telepresence Robot Market , by Type (2020-2027) • Stationary • Mobile 4.3. Global Telepresence Robot Market , by Application (2020-2027) • Education • Healthcare • Enterprise • Homecare • Others 5. North America Telepresence Robot Market (2020-2027) 5.1. North America Telepresence Robot Market , by Component (2020-2027) • Head o Camera o Display o Speaker o Microphone • Body o Power Source o Sensors and Control System 5.2. North America Telepresence Robot Market , by Type (2020-2027) • Stationary • Mobile 5.3. North America Global Telepresence Robot Market , by Application (2020-2027) • Education • Healthcare • Enterprise • Homecare • Others 5.4. North America Telepresence Robot Market , by Country (2020-2027) • US • Canada • Mexico 6. European Telepresence Robot Market (2020-2027) 6.1. European Telepresence Robot Market , by Component (2020-2027) 6.2. European Telepresence Robot Market , by Type (2020-2027) 6.3. European Telepresence Robot Market , by Application (2020-2027) 6.4. European Telepresence Robot Market , by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Telepresence Robot Market (2020-2027) 7.1. Asia Pacific Telepresence Robot Market , by Component (2020-2027) 7.2. Asia Pacific Telepresence Robot Market , by Type (2020-2027) 7.3. Asia Pacific Telepresence Robot Market , by Application (2020-2027) 7.4. Asia Pacific Telepresence Robot Market , by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Telepresence Robot Market (2020-2027) 8.1. Middle East and Africa Telepresence Robot Market , by Component (2020-2027) 8.2. Middle East and Africa Telepresence Robot Market , by Type (2020-2027) 8.3. Middle East and Africa Telepresence Robot Market , by Application (2020-2027) 8.4. Middle East and Africa Telepresence Robot Market , by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Telepresence Robot Market (2020-2027) 9.1. Latin America Telepresence Robot Market , by Component (2020-2027) 9.2. Latin America Telepresence Robot Market , by Type (2020-2027) 9.3. Latin America Telepresence Robot Market , by Application (2020-2027) 9.4. Latin America Telepresence Robot Market , by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Double Robotics 10.1.1. Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Inbot Technology 10.3. Suitable Technologies 10.4. Mantaro Networks 10.5. VGO Communications 10.6. Intouch Technologies 10.7. Qihan Technology 10.8. Amy Robotics 10.9. Anybots 10.10. Superdroid Robots 10.11. Ava Robotics 10.12. Camanio Care 10.13. Wicron 10.14. Xandex 10.15. Rbot 10.16. Endurance Robots 10.17. Beam Telepresence 10.18. AXYN Robotique 10.19. OhmniLabs 10.20. Swivl 10.21. Xaxxon Technologies