Humanoid robots in healthcare market is projected to reach USD

Humanoid robots in healthcare market || 2024-2031

The global humanoid robots in healthcare market is experiencing rapid expansion, with the market size reaching USD 586.50 million in 2023. This growth is projected to continue at an impressive rate, with expectations to reach USD 6,307.45 million by 2031, reflecting a robust CAGR of 34.5% during the forecast period from 2024 to 2031.

Humanoid robots are advanced artificial machines designed to replicate human activities and interactions. These robots represent the cutting edge of robotics technology and are increasingly applied across various sectors, including manufacturing, warehousing and logistics, construction, hospitality and entertainment, and general services. In the healthcare industry, humanoid robots play a significant role, serving as companions for elderly care, recording and monitoring vital parameters for patients both in hospitals and at home, and assisting with various tasks within healthcare settings. Their versatility and advanced capabilities make them valuable assets in improving patient care and operational efficiency in healthcare environments.

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Market Dynamics:

In the current world, humanoid robots stand out as the most advanced robotic technology, gaining significant attention for their human-like capabilities in both functionality and cognition. While these robots have already made their mark in various sectors, including manufacturing, warehousing and logistics, hospitality, and entertainment, their application in the healthcare industry is still emerging. Although only a few companies have commercialized humanoid robots for healthcare, the sector holds immense potential for future growth. Rising investments and funding from manufacturers and governments are key drivers of this market expansion.

For example, in November 2023, Beijing’s government-backed Humanoid Robot Innovation Center was established, leading to the development of a new humanoid robot, Tien Kung. According to Mr. Rick Xiong, the general manager of the center, humanoid robots are expected to see broader application in domestic settings within the next three to five years. This investment and innovation highlight the growing interest and commitment to integrating humanoid robots into healthcare and other sectors.

Market Segmentation:

By Movement Type: Bipedal, Wheeled.

By Application: Vital Parameter Monitoring, Appointment Scheduling, Elderly Care, Hospital Assistance, Others.

By End Users: Hospitals & Clinics, Medical Universities, Homecare, Others.

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Major Key Players:

• SoftBank Robotics America, Inc

• Promobot

• FUJISOFT Inc

• Hanson Robotics Ltd.

• Diligent Robotics Inc.

• Aeolus

• andromeda.

• Asimov Robotics.

• UBTECH ROBOTICS CORP LTD.

• Dataa Robotics

*Note:

• Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.

Regional Analysis:

The global Humanoid robots in healthcare market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter’s five force analysis. The Humanoid robots in healthcare market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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