Healthcare Robotic Process Automation (RPA) in Healthcare Market 2020-2026 | Comprehensive Study COVID19 Impact Analysis
COVID-19 Market Effect
The 2002-2004 SARS pandemic has indelibly altered the business climate for healthcare robots. Nearly 8,000 people were affected and 700 were killed. In addition, MERS affected 200 and killed about 40 of them. They were all limited to different territories. COVID-19, on the other hand, as a pandemic, has had a larger influence on the global economy. The SARS and MERS outbreaks contributed to a new era of creativity with the advent of disinfection robots that produce UVD light to combat against infectious viruses and bacteria on hospital surfaces.
If COVID-19 continued to grow globally, UVD robots makers would expand significantly, and if the pandemic was bought under control, healthcare robots would be developed exponentially to decrease the risk of infective infection in hospitals. The healthcare robots market was expected to hit with a significant growth rate in 2020-2021. Owing to production reductions and supply distresses, the healthcare robotics demand was minimally affected in 2020. That would contribute to a decline of BPS 180. But the sector is now starting to see blue sky as the main development region such as China is beating the recession and moving up.
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Impact of COVID-19:
Robotic Process Automation (RPA) in Healthcare Market report analyses the impact of Coronavirus (COVID-19) on the Robotic Process Automation (RPA) in Healthcare industry. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Robotic Process Automation (RPA) in Healthcare market in 2020.
The global robotic surgical procedures market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Robotic Surgical Procedures Market Size, Share and Industry Analysis By Product Type (Gynecology, Urology, General Surgery, Orthopedics and Others), and Regional Forecast 2018-2025”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
Competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the global Minimally Invasive Medical Robotics market to know the competition at both the domestic and global levels. Market experts have also offered the outline of every leading player of the global Minimally Invasive Medical Robotics market, considering the key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on the key factors such as company size, market share, market growth, revenue, production volume, and profits.
The global surgical robots market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Surgical Robots Market Size, Share and Industry Analysis By Application (General Surgery, Gynecology, Urology, Orthopedics, Others), By End User (Hospitals, Ambulatory Surgery Centers, Others) and Regional Forecast, 2019 – 2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
The global healthcare service robots market was valued to be $462.3 million in 2019 and is anticipated to witness an impressive double-digit growth rate, to reach $2.82 billion by 2025.
The industry is growing multifold owing to the rising investment in the development of healthcare infrastructure, focus toward control of hospital-acquired infections, and deployment of healthcare service robots during the novel coronavirus pandemic. Healthcare service domain is also currently exploring the potential of technologies such as artificial intelligence, machine learning algorithms, and sensors among others into the robotic systems. Hence, it is anticipated that these trends will have a significant impact on healthcare service robots market in the next five years, and the market will grow multifold.
The Global Healthcare Robots Market is set to witness a very successful period with technological advancements occurring frequently, market will rise from its initial estimated value of USD 5.9 billion in 2018 to an estimated value of USD 28.9 billion by 2026 registering a CAGR of 21.8% in the forecast period of 2019-2026
Healthcare Robot Market Report Includes:
· Market Scenario
· Growth, Restraints, Trends, and Opportunities
· Segments by Value and Volume
· Supply and Demand Status
· Competitive Analysis
· Technological Innovations
· Value Chain and Investment Analysis
The report titled “Robotic Process Automation (RPA) in Healthcare Market: Size, Trends and Forecasts (2020-2025)”, delivers an in depth analysis of the Robotic Process Automation (RPA) in Healthcare market by value, by production capacity, by companies, by applications, by segments, by region
Regional Coverage of the Robotic Process Automation (RPA) in Healthcare Market:
Europe
Asia and Middle East
North America
Latin America
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Global Medical Robots Market – Industry Trends - Forecast to 2026