DUBLIN--(BUSINESS WIRE)--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 10.2% over the forecast period 2020 to 2025 owing to the rising demand for hygiene globally across various sectors.
Companies Mentioned
- Blue Ocean Robotics
- Xenex Disinfectant Systems
- Finsen Technologies (Thor UV-C)
- Skytron (Infection Prevention Technologies)
- Tru-d Smartuvc
- Steris Healthcare
- Mediland Enterprise Corporation
- Tmirob Technology
- Fuzhou Rockchip Electronics Co. Limited
- Engmotion
- Bridgeport Magnetics
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, where 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 of the hospitals around the globe 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. According to ECRI Institute's SELECTplus pricing database, Bioquell's Q-10 HPV system has an average price of approximately USD 47,000, the Xenex UV-C system costs approximately USD 81,000, and the TRU-D UV-C system costs USD 125,000.
- 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 great that every year 50,000 patients get a hospital-acquired infection, and more than 1,000 patients die as a direct consequence.
North America to Account for Major Market Share
- North America accounts for the largest share in terms of revenue owing to the technological advancements in that region. Moreover, the increasing demand for automated devices in healthcare and industrial facilities is driving the market growth.
- Also stringent regulation by the government in this region regarding hygiene is also a major factor increasing the use of disinfectant robots. Furthermore, these robots help lower labor cost, improve cleaning efficiency, and lower the chances of contagious germs which have increased their adoption in various sectors of North America.
- Moreover, the North American healthcare industry is exhibiting transformation from volume-based to value-based business. Improved quality healthcare, reduced length-of-stay in hospitals, and prevention of novel diseases are further boosting the market growth.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Porters Five Force Analysis
4.3 Industry Stakeholder Analysis
4.4 Market Drivers
4.4.1 High Incidence Of Hospital Acquired Infections In Major Markets Across The Globe
4.4.2 Technological Advancements Have Enabled Robots To Operate As A Value-added Entity (Collaborative) In Disinfection Process
4.4.3 Rapid Rise In The Healthcare & Sanitation Spending Owing To The Outbreak Of COVID-19
4.4.4 High Investments In The Field Of Disinfectant Robots
4.5 Market Challenges
4.5.1 High Initial Cost And Operational Challenges Due To The Dynamic Nature Of The Outbreaks
4.6 Market Opportunities
4.7 Pricing & Business Model Analysis
4.8 Major Partnerships And Collaborations (Nanyang Technology University - Interreg Europe - JD-GREE)
4.9 Key Technical & Social Considerations Involved In The Deployment Of Disinfectant Robots
4.10 Assessment of Impact of Covid-19 on the Disinfectant Robot Market
5 TECHNOLOGY SNAPSHOT
5.1 Evolution Of UV-C Robots
5.2 Major Building Blocks And Technological Considerations
6 DISINFECTANT ROBOTS ANALYSIS
7 MARKET SEGMENTATION
7.1 Geography
7.1.1 North America
7.1.2 Asia-Pacific
7.1.3 Europe
7.1.4 Rest Of The World
8 COMPETITIVE LANDSCAPE
8.1 Company Profiles
8.1.1 Blue Ocean Robotics
8.1.2 Xenex Disinfectant Systems
8.1.3 Finsen Technologies (Thor UV-C)
8.1.4 Skytron (Infection Prevention Technologies)
8.1.5 Tru-d Smartuvc
8.1.6 Steris Healthcare
8.1.7 Mediland Enterprise Corporation
8.1.8 Tmirob Technology
8.1.9 Fuzhou Rockchip Electronics Co. Limited
8.1.10 Engmotion
8.1.11 Bridgeport Magnetics
9 INVESTMENT ANALYSIS
10 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/bt59ni
