Canada Medical Telepresence Robots Market Size & Outlook
Canada medical telepresence robots market, 2018-2030 (US$M)
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Canada medical telepresence robots market highlights
- The Canada medical telepresence robots market generated a revenue of USD 2.4 million in 2021 and is expected to reach USD 7.8 million by 2028.
- The Canada market is expected to grow at a CAGR of 18.6% from 2022 to 2028.
- In terms of segment, mobile was the largest revenue generating type in 2021.
- Mobile is the most lucrative type segment registering the fastest growth during the forecast period.
Medical telepresence robots market data book summary
| Market revenue in 2021 | USD 2.4 million |
| Market revenue in 2028 | USD 7.8 million |
| Growth rate | 18.6% (CAGR from 2021 to 2028) |
| Largest segment | Mobile |
| Fastest growing segment | Mobile |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stationary, Mobile |
| Key market players worldwide | Vicarious Surgical Inc, AMY Robotics, Ava Robotics, Blue Ocean Robotics, InTouch Health, OhmniLabs, VGo Communications, Xandex Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 4.9% of the global medical telepresence robots market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. medical telepresence robots market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 7.8 million by 2028.
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Medical Telepresence Robots Market Scope
Medical Telepresence Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada medical telepresence robots market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical telepresence robots market will help companies and investors design strategic landscapes.
Mobile was the largest segment with a revenue share of 66.67% in 2023. Horizon Databook has segmented the Canada medical telepresence robots market based on stationary, mobile covering the revenue growth of each sub-segment from 2018 to 2030.
The growing geriatric population and the patients suffering from a chronic illness requiring continuous monitoring, and the growing technological advancement in the telepresence robot to assist the healthcare sector requirement for telemonitoring and consultation are some of the drivers of the market.
Furthermore, the government of Canada recognizes the growing AI presence in the market and initiated a Pan-Canadian Artificial Intelligence Strategy in March 2017 to strengthen Canada’s stand in AI by funding universities, institutes, and hospitals leading to a rise in awareness and adoption in the market.
For instance, through a project funded by the provincial government and Victoria General Hospital Foundation, Manitoba researchers aimed to explore whether robots can help patients with dementia connect with their caregivers.
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Our clientele includes a mix of medical telepresence robots market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada medical telepresence robots market , including forecasts for subscribers. This country databook contains high-level insights into Canada medical telepresence robots market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada medical telepresence robots market size, by type, 2018-2030 (US$M)
Canada Medical Telepresence Robots Market Outlook Share, 2023 & 2030 (US$M)
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