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The global telepresence robots market exhibited strong growth during 2015-2020. A telepresence robot is a remote-controlled device that facilitates the virtual presence of individuals through video conferencing. It consists of a wheel-mounted stand, arm unit, video camera, display screen and other multimedia devices to facilitate communications between individuals who are not physically available in a common space. It is primarily used in an organizational environment where users can maneuver the robot remotely and interact with others through an inbuilt smartphone or tablet application. Owing to this, it finds extensive applications across various industries, including corporate, education, healthcare, homecare, etc.
The emerging trend of digitization, along with technological advancements in artificial intelligence (AI) and machine learning (ML), represent as the key factors driving the growth of the market. Owing to the increasing penetration of smartphones in the daily life of consumers, and the growing requirement for operational automation, telepresence robots are rapidly being adopted by enterprises across the globe. Furthermore, the widespread utilization by the healthcare sector is another factor providing a boost to the market growth. These robots are widely used to perform multiple tasks, including patient monitoring, remote visiting, delivery of food and medicines and enabling patients to virtually communicate with doctors in real-time. Additionally, telepresence robots are widely adopted for conducting teleconferences and remote monitoring of the workforce, along with managing distant education and classroom session for students located in remote areas. Other factors contributing to the market growth include advancements in robotic technology and extensive research and development (R&D) activities to make these robots more customizable and user-friendly. Looking forward, IMARC Group expects the global telepresence robots market to grow at a CAGR of around 12% during the forecast period (2021-2026).
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The report has also analysed the competitive landscape of the market with some of the key players being Amy Robotics, Anybots, Double Robotics, Endurance Robot, InTouch Health, iRobot, Mantaro Networks, Qihan Technology, Suitable Technologies, Vecna Technologies, VGo Communications, Xandex, etc.
According to the estimates by IMARC Group, the global telepresence robots market is expected to witness a CAGR of 12% during 2021-2026.
Sudden outbreak of the COVID-19 pandemic had led to the increasing demand for telepresence robots across diverse sectors, such as corporate, education, healthcare, homecare, etc., to automate numerous procedures and reduce human interaction for combating the coronavirus infection.
The growing popularity of digitalized solutions integrated with artificial intelligence (AI) and machine learning (ML) represents one of the key drivers for the global telepresence robots market.
Continuous advancements in robotic technology for introducing innovative features with customizable and user-friendly benefits, represent one of the key trends in the global telepresence robots market.
On the basis of the end-use sector, the market has been segmented into education, healthcare, corporate, homecare, and others. At present, the healthcare sector exhibits a clear dominance in the market.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America dominates the global market.
The key companies in the global telepresence robots market are Amy Robotics, Anybots, Double Robotics, Endurance Robot, InTouch Health, iRobot, Mantaro Networks, Qihan Technology, Suitable Technologies, Vecna Technologies, VGo Communications, Xandex, etc.
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