Global Hospital Logistics Robots Market 2018-2022
About Hospital Logistics Robots
Hospital logistics robots comprise autonomous guided vehicles (AGVs) and mobile robot platforms. These are used for managing the flow of goods such as laboratory samples, food, pharmaceuticals, environmental waste, and laundry inside hospital premises.
Technavio’s analysts forecast the global hospital logistics robots market to grow at a CAGR of 15.48% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global hospital logistics robots market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Hospital Logistics Robots Market 2018-2022
Technavio recognizes the following companies as the key players in the global hospital logistics robots market: Midea Group, Mobile Industrial Robots, OMRON, Savioke, and Singapore Technologies Engineering.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is improvements in hardware-related works. The steady improvements in hardware-related drawbacks will be one of the key factors driving the growth of the hospital logistics robots market. Companies are steadily focusing on improving the hardware technology of the robots to overcome hardware drawbacks such as loss of efficiency due to non-productive time on floor or inability to recognize and categorize objects.”
According to the report, one driver in the market is increasing advances in technology. Technavio’s market research analysts have identified technology advancements as one of the primary growth factors for the hospital logistics robots market. Hospital logistics robots are equipped with advanced technology that drives their efficiency and effectiveness.
Further, the report states that one challenge in the market is high cost of hospital logistics robots. As hospital logistics robots involve the use of sensors, software, and advanced technologies, their prices are considerably high. Therefore, the adoption of these robots is limited in hospitals that cannot afford a large one-time payment due to their financial constraints.