Europe Medical Telepresence Robots Market Size & Outlook
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Europe medical telepresence robots market highlights
- The Europe medical telepresence robots market generated a revenue of USD 12.8 million in 2021.
- The market is expected to grow at a CAGR of 19.4% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2022 to 2028.
Europe data book summary
| Market revenue in 2021 | USD 12.8 million |
| Market revenue in 2028 | USD 44.3 million |
| Growth rate | 19.4% (CAGR from 2021 to 2028) |
| Largest segment | Mobile |
| Fastest growing segment | Mobile |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, Europe region accounted for 26.3% of the global medical telepresence robots market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 39.6 million by 2028.
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Medical Telepresence Robots Market Scope
Medical Telepresence Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Xandex Inc | View profile | 51-100 | Petaluma, California, United States, North America | http://xandex.com |
| OhmniLabs | View profile | 51-100 | Santa Clara, California, United States, North America | https://ohmnilabs.com/ |
| InTouch Health | View profile | 251-500 | Santa Barbara, California, United States, North America | http://www.intouchhealth.com/ |
| Blue Ocean Robotics | View profile | 251-500 | Odense, Syddanmark, Denmark, Europe | http://www.blue-ocean-robotics.com |
| Ava Robotics | View profile | 11-50 | Cambridge, Massachusetts, United States, North America | https://www.avarobotics.com |
| AMY Robotics | View profile | - | Xiacheng, Fujian, China, Asia | http://www.amyrobotics.com |
| Vicarious Surgical Inc | View profile | 131 | 78 Fourth Avenue, Waltham, MA, United States, 02451 | https://www.vicarioussurgical.com |
| VGo Communications | View profile | 11-50 | Nashua, New Hampshire, United States, North America | http://www.vgocom.com |
Europe 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 68.75% in 2023. Horizon Databook has segmented the Europe medical telepresence robots market based on stationary, mobile covering the revenue growth of each sub-segment from 2018 to 2030.
The region is expected to witness a growth in the adoption of the medical telepresence robot owing to the growing adoption of robotics and artificial intelligence, and the government initiatives promoting the growth and development of robotics in the region.
The “Horizon 2020” program of the European Union encourages a higher focus on research & development of robotics with the implementation in various sectors including healthcare. Furthermore, the adoption of the medical telepresence robot was further increased due to the Covid-19 pandemic in the region as the need for teleconsultation and tele monitoring was rising to avoid the risk of infection.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe medical telepresence robots market , including forecasts for subscribers. This continent databook contains high-level insights into Europe medical telepresence robots market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe medical telepresence robots market size, by country, 2018-2030 (US$M)
Europe Medical Telepresence Robots Market Outlook Share, 2023 & 2030 (US$M)
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