Dublin, Dec. 16, 2020 (GLOBE NEWSWIRE) -- The "Disinfectant Robot Market - Growth, Trends, Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The disinfectant robot market is expected to register a CAGR of 36.4% during the forecast period (2020-2025), owing to the rising demand for hygiene globally across various sectors. The global Disinfectant Robot Market was valued at USD 341.3 million in 2019, and it is projected to be worth USD 2325.4 million by 2025.
- The need for disinfection robots evolved recently to reduce HAIs without incurring additional labor costs. Since disinfection robots are new to the healthcare market in many countries, processes, such as hydrogen peroxide and ultraviolet disinfection, are carried out by physical labor. For more than a decade, UV-C has been used in cleanroom environments by the pharmaceutical industry.
- The market is mainly witnessing a trend of mobile robots able to disinfect premises with UV. The increasing demand for service robots, especially in the healthcare industry, will also bring advancement in the studied market.
- With the high-profit margins, the market is also witnessing an influx of start-ups that are trying to utilize these opportunities. For instance, in May 2020, Singapore-based start-up Solubots launched a self-cleansing disinfecting robot (SDR). Another local start-up, SESTO Robotics, had also launched a dual-function autonomous mobile disinfectant robot.
- Moreover, From March 2020, Doha's Hamad International Airport (HIA) invested in disinfectant robots and special helmets to help keep passengers safe and prepare for a post-COVID era. They are using a mobile robot that enabled concentrated UV-C light to clean high-traffic flow areas. Other airports, such as Hong Kong and Seattle's Paine Field, are also utilizing the same technologies.
- The growing concern due to the recent COVID-19 outbreak resulted in the increasing adoption of robotic technology for hospital-acquired infection (HAI) and expanding end-user applications of disinfectant robots. Although the disinfectant robot market was steadily growing in the past, the recent COVID-19 outbreak has provided a massive impetus to the studied market as these robots can effectively disinfect hospitals using UV light to disinfect surfaces.
- UV disinfection is one of the few areas where autonomous robots are gaining market for the COVID pandemic; therefore, most of the manufacturers are implementing it. Many Start-ups, like Blue Ocean Robotics and Xenex, are supplying these kinds of robots, witnessed a massive surge in demand from hospitals, in the last 2-3 months, mainly due to the COVID-19 outbreak.
Key Market Trends
High Incidence Of Hospital Acquired Infections to Drive the Market Growth
- Hospital-acquired infections (HAI) are a significant and increasing problem in the healthcare industry globally. Every year, millions of patients are infected, and thousands of patients die due to infections acquired during hospitalization. Furthermore, the HAIs result in additional costs for hospitals, owing to extra days spent in bed, readmissions, and reduced operational efficiency.
- According to the US Centers for Disease Control and Prevention (CDC), a survey of acute care hospitals found 1 in 25 patients has at least 1 HAI and that 75,000 deaths per year are due to HAIs. Another industrial survey also claimed that between 5 and 10% of hospital patients globally acquire a new infection while in the hospital, and millions of people die from these infections each year. The recent COVID-19 outbreak has further fuelled these possibilities; therefore, most hospitals around the world have started investing in robotic technologies to prevent these infections.
- Although the disinfecting robot technology is costly, there is a direct correlation to reducing infection risk for patients, costs for treating HAIs, and patients' length of stay.
- Europe-based market vendor, Blue Ocean Robotics has also reported steady growth rate pre-COVID-19 but witnessed massive surge recently in the past few months. The company was mainly targeting HAI applications in the past in Denmark. According to the company, in Denmark alone, the problem is so significant that 50,000 patients get a hospital-acquired infection every year, and more than 1,000 patients die as a direct consequence.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Value Chain
4.4 Market Drivers
4.4.1 High Incidence of Hospital-acquired Infections in Major Markets Worldwide
4.4.2 Technological Advancements Enable Robots to Operate as a Value-added Entity (Collaborative) in the Disinfection Process
4.4.3 Rapid Rise in Healthcare and Sanitation Spending due to the COVID-19 Outbreak
4.4.4 High Investments in the Field of Disinfectant Robots
4.5 Market Challenges
4.6 Market Opportunities
4.7 Major Partnerships and Collaborations
4.8 Key Technical and Social Considerations in the Deployment of Disinfectant Robots
4.9 Impact of COVID-19 on the Disinfectant Robot Market
5 MARKET SEGMENTATION
5.1 Product type
5.1.1 UV-C
5.1.2 HPV and Others
5.2 Geography
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Blue Ocean Robotics ?
6.1.2 Xenex Disinfectant Systems ?
6.1.3 Finsen Technologies (Thor UV-C)?
6.1.4 Skytron (Infection Prevention Technologies)?
6.1.5 Tru-d Smartuvc?
6.1.6 Akara Robotics Ltd
6.1.7 Mediland Enterprise Corporation?
6.1.8 Tmirob Technology ?
6.1.9 OTSAW Digital Pte Ltd
6.1.10 Bioquell PLC (Ecolab Inc.)
6.1.11 Bridgeport Magnetics
6.1.12 Decon-X International
6.1.13 MTR Corporation (Joint venture)
6.1.14 Fetch Robotics, Inc
6.1.15 Solustar
6.1.16 Ateago Technology
6.1.17 Time Medical Holding Robotics
7 INVESTMENT ANALYSIS
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