Growth opportunities in the disinfectant robot market look promising over the next six years. This is mainly due to the continuous advancement in medical treatment, increasing risk of spreading Hospital Acquired Infections (HAIs), and improved software and advanced technology including LiDAR, sensors, and simultaneous localization.
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The prominent drivers responsible for the growth in the global disinfection robot market include the ongoing development in the medical treatment field, accelerating healthcare industry along with the acquisition of automated devices like robots, and the rising Hospital Acquired Infections (HAIs) risk. Moreover, the widespread outbreak of coronavirus has propelled the usage of automated robots for the sanitization of public places, pathologies hospitals, and other healthcare facilities across the world.
Furthermore, the enhanced software and strengthened technology, including sensors, LiDAR, wireless control, and simultaneous localization and mapping (SLAM), will promote disinfectant robot market share. In accordance with the World Bank, the expenditure on healthcare was approximately 9.8% in 2018. The augmenting emphasis towards the development of medical infrastructure, better hygiene, and protection of diseases will further bring various growth opportunities for the market.
However, as per the disinfectant robot market analysis, massive initial investment and complications in developing disinfectant robots may constrain the market growth. The accessibility of cost-effective conventional disinfectants including chlorine and ozone disinfection will further curb the disinfectant robot market size.
Based on the product type, the UV-disinfection robot is projected to witness a higher CAGR over the forecast period. This is owing to the benefits that include time efficiency, user-friendly operation, safety, and the ability to destroy crucial numbers of microorganisms, such as bacteria, protozoa, and viruses. Moreover, its growing use for preventing the spread of COVID-19 across hospitals and escalating UV disinfection robots by companies including Shanghai Titan Robot Co. Ltd., Blue Ocean Robotics, Xenex Disinfection Services, Inc., and Finsen Technologies, Ltd. is further stimulating the market growth.
Based on regional coverage, North America is projected to expand at a higher CAGR over the forecast period. This is primarily because of the augmenting requirement of improved healthcare facilities and sanitation in hospitals. The expansion in government spending for the improvement of healthcare services, and as per the U.S. Centres for Medicare & Medicaid Services (CMS), U.S. health care spending raised from 4.6% in 2019, amounting to $3.8 trillion, and the expenditure on health accounted for 17.7% of the nation's Gross Domestic Product. This is further stimulating the market growth.
Blue Ocean Robotics
Fetch Robotics, Inc.
Skytron, LLC
Akara Robotics Ltd.
Shanghai Titan Robot Co., Ltd.
Ava Robotics Inc.
Mediland Enterprise Corporation
Nevoa Inc.
Finsen Technologies, Ltd.
Xenex Disinfection Services Inc.
Disinfectant Robot Market Segmentation:
Segmentation by Product Type:
UV-Disinfection Robot
Hydrogen Peroxide Vaporization Robot
Others
Segmentation by End-User:
Hospitals
Research Institutes
Others
Segmentation by Region:
North America
United States of America
Canada
Asia Pacific
China
Japan
India
Rest of APAC
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)
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