The future of robots in the health industry
Robots have a large and expanding role to play in the healthcare industry.
For example, latest research has revealed that the global robotic nurse assistant market size is expected to reach $1,642.2m by 2026.
Rising geriatric population and decrease in the nurse-to-patient population are the main drivers behind contributing to the growth of robotic nurse assistants in the coming years.
And rising research funding in healthcare robotics is expected to drive the demand for robotic nurse assistants over the forecast period.
North America accounted for the largest revenue share 2018, owing to factors such as large geriatric population and rising need to maintain the ratio of nurses to patient's population.
Also, independent support robots will be important in the future, owing to rising funding for the development of nurse assisting robots
Hospitals and clinics represent an important part of the market with a revenue of $182.4m due to growing adoption of healthcare robots for supporting elderly population
North America dominated the robotic nurse assistant market with the revenue share of 40.5% in 2018, owing to higher economic capabilities of hospitals and clinics to invest in robotic nurses.
And the influence robots in the geriatric area is anticipated to witness lucrative growth due to its expanding geriatric population, which is directly responsible for the rising demand for robotic nurse assistants.