Personal and Homecare Robotics Market has been growing at a faster pace with significant growth rates during the last few years and is anticipated to grow significantly in the forecast period from 2020 to 2027. The robotics market in the personal and home care sector is driven by the development of smart cities. In addition, crowdfunding and government initiatives for robotics are anticipated to boost the growth of the robotics market in the personal and home care sector.
Healthcare Market Reports has added a new key research reports covering Personal and Homecare Robotics Market. The study aims to provide global investors with a game-changing decision making tool covering key fundamentals of the Personal and Homecare Robotics Market. The research report will include total global revenues in the market with historical analysis, key figures including total revenues, total sales, key products, instrumental drivers, and challenges. The report data is derived from extensive primary and secondary information sources with a reliable in-depth overview of the Personal and Homecare Robotics Market.
Personal and Homecare Robotics Market was valued at US$ 1,985.5 MN in 2017 and is projected to succeed in US$ 6,590.5 MN by 2024, with a CAGR of 18.7%.
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Top Key Players
Blue Frog Robotics
Half Smart Robots
Geographically, the detailed analysis of production, trade of the following countries is covered
Geographically, the detailed analysis of consumption, revenue, and market share and growth rate of the following regions: United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.
Home Care Robotic market is especially growing on the ground of rising demand for the wireless product together with the advancement in technology in terms of smart homecare system. Also, the growing adoption of the smart home, up the quality of living and current urbanization round the world is predicted to supply enormous growth to the market. Moreover, rising geriatric population base as well as government support is another issue supplying the market growth.
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The Personal and Homecare Robotics market report is provided here in USD Million. The report will render insightful data related to growth rates represented in terms of CAGR % during the projected years. The report will discuss strategies to adopt post COVID-19, along with a complete analysis of growth factors, types, applications, imminent challenges, competitive landscape, key trends to watch, PEST analysis, and the overall market dynamics. The primary intent of Personal and Homecare Robotics market report is to analyze the impact of COVID-19 on the market and opportunities to leverage on in the future. The Personal and Homecare Robotics market research study examines the market performance for top 20 countries along with understanding growth potential in these nations.
Some Points from Table of Content
1 Personal and Homecare Robotics Market Definition and Overview
2 Research Method and Logic
3 Market Competition Analysis
4 Market Segment by Type, Historical Data and Market Forecasts
5 Market Segment by Application, Historical Data and Market Forecasts
6 Global Personal and Homecare Robotics by Region, Historical Data and Market Forecasts
7 United State Market Size Analysis 2016-2026
8 Canada Market Size Analysis 2016-2026
9 Germany Market Size Analysis 2016-2026
10 UK Market Size Analysis 2016-2026
11 France Market Size Analysis 2016-2026
12 Italy Market Size Analysis 2016-2026
13 Spain Market Size Analysis 2016-2026
14 Russia Market Size Analysis 2016-2026
15 China Market Size Analysis 2016-2026
16 Japan Market Size Analysis 2016-2026
17 South Korea Market Size Analysis 2016-2026
18 Australia Market Size Analysis 2016-2026
19 Thailand Market Size Analysis 2016-2026
20 Brazil Market Size Analysis 2016-2026
21 Argentina Market Size Analysis 2016-2026
22 Chile Market Size Analysis 2016-2026
23 South Africa Market Size Analysis 2016-2026
24 Egypt Market Size Analysis 2016-2026
25 UAE Market Size Analysis 2016-2026
26 Saudi Arabia Market Size Analysis 2016-2026
27 Market Dynamic Analysis and Development Suggestions
The emergence of low-price robotic solutions is a key driver boosting the market growth. To fulfill the growing quality, vendors are integration physical embodiments that are autonomous, interactive, and communicative. The combination of artificial intelligence is enabling the robots to understand human emotions and interact in a very real-time setting. Also, vendors are developing low-cost companion and emotional medical care robots to cater to the growing demand and increase the affordability of those robots.
- What is the driving factor for the growth of this market?
- How will the COVID-19 pandemic impact the demand and consumption of this market?
- What is the major application area of this market?
- Who are the Personal and Homecare Robotics manufacturers across the globe?
- Which geographical location is dominant in this market?
The healthcare industry is surely facing disruptions with global economies giving high importance to individual health. In this scenario, we expect our clients to get deep insights to power their innovations in the right direction. We have been keeping a close watch on the changes and modifications happening in the healthcare domain. As per our understanding, these alterations are active and unexampled.
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