Surging Demand for Teleconferences to Fuel Growth of Global Telepresence Robotics Market

Published On : 25 Jan 2019

Telepresence robots are remotely monitored, autonomous robots which are mainly equipped with a motorized desktop stands and a smartphone. These robots are connected to a monitor or a camera. These motorized desktop robots or autonomous mobile robots are considered as stationary robots. There are mainly two types of telepresence robots available in the market such as typesmobile and stationary. This cutting-edge technology provides huge multi-purpose end use applications along with other conveniences such as low-cost.

Going forward, the global telepresence robotics market is anticipated to grow at a solid pace. The global telepresence robotics market is projected to register a double-digit CAGR of 16.5% from 2018 to 2023.

Quest for Enhanced Operational Efficiency by Enterprises to Boost Telepresence Robotics Market

A telepresence robot is mainly equipped with video camera, speakers, screen, and microphones. Such designs help in smoothening the interactions between operator and other parties. Increasing demand for teleconferences, rising IT sectors, and growing demand for remote management of workforces are believed to be driving the global telepresence robotics market. Telepresence robots can also be operated through built-in audio features or video instead of attaching phone or tablet to the robot. A recent trend of Bring Your Own Device or BYOD and increasing usage of smartphone are projected to boost the global telepresence robotics market.

Telepresence robots are widely adopted in education, enterprise, healthcare, homecare, surveillance, and defense. The stationary telepresence robots are used mainly for training purposes. Increasing demand for operational efficiency in enterprises, low cost due to the availability of supporting devices, and growing demand from the healthcare industry are expected to fuel the global telepresence robotics market. Along with all these, growing demand for typesmobile robotics in surveillance and security, and rapid technological advancement are believed to be propelling the global telepresence robotics market.

However, higher cost and less utility of these robots may hinder the growth in the global telepresence robotics market. Nonetheless, demand for personal telepresence is anticipated to maintain the growth momentum of the market.

Rising Case of Medical Emergencies Stoke Demand in Global Telepresence Robotics Market

Telepresence robots are extensively used by night watchmen, tour guides, factory inspectors, and healthcare consultants. Telemedicine features have been utilized by many healthcare industry and hospitals for years. Now, telepresence robots support surgeons at operation room through effectively advising their peers during an operation. Growing demand for monitoring patients who have recently been discharged from the hospital, and increasing need for eliminating travel times in medical emergency situations such as stroke are believed to boost the global telepresence robotics market. In the medical field telepresence robots are specifically referred as “medical telepresence robots”. These robots have many health-related applications added to their basic telepresence capabilities.

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Rapid Emergence of New Technologies in Asia Pacific to Contribute in Market Demand

Geographically, Asia Pacific is expected to lead the global telepresence robotics market as the region has witnessed huge technological advancement. Increasing demand for innovative and user-friendly communications and rapid emergence of new technologies could also be responsible for fueling the global telepresence robotics market in the region.

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