The global disinfectant robot market size was valued at USD 701.2 million in 2021 and is anticipated to witness a compound annual growth rate (CAGR) of 35.0% from 2022 to 2028. The Disinfectant Robot market is witnessing high growth. Key factors driving growth of this market include increasing investments in healthcare infrastructure, innovations in autonomous guided vehicles, and increased adoption of advanced portable robots. The COVID-19 pandemic is also a catalyst for the Disinfectant Robot market. It has extended the importance of robotic technology and automation. These technologies have helped hospitals and healthcare facilities mitigate the impact of the virus on human workers.
Global Disinfectant Robot Market: Regional Insights
The global disinfectant robot market is geographically segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America among regions is expected to dominate global disinfectant robot market with highest share during the forecast period. This is die to early adoption, increasing investment in technology, such as medical robots, support from government towards high-end robotic technologies among several end-use industries, and increasing number of local scientific institutions and research organization participating in innovation of disinfectant robots across the region.
Furthermore, Asia Pacific is also anticipated to witness high growth in the global disinfectant robot market over the forecast period. This growth can be attributed to growing robot market in the region as the adoption and manufacturing of disinfectant robots is increasing. Moreover, the countries such as South Korean, Australia, India, Japan, Singapore and China are increasingly investing in the market. Moreover, owing to upgrade of healthcare facility as well as economic support in Southeast Asian region is also driving the market growth in this region.
Figure 1. Global Disinfectant Robot Market Share (%), by Region, 2021
Global Disinfectant Robot Market Drivers:
Growing investments in the disinfectant robots field across the globe is expected to propel growth of the global disinfectant robot market over the forecast period. Growing concerns regarding disinfectant and sanitizing, specifically in high population spaces such as restaurants, airports, hospitals, schools and hotels are leading to major market players as well as institutions inclining towards automation for disinfecting applications. Thus, investments in these robots is increasing. Moreover, pandemic has boosted the expenditure on equipment leading to growing investments in disinfectant robots. Thus, this is expected to boost the market growth.
Moreover, growing cases of hospital-acquired infections is also expected to augment growth of the global disinfectant robot market over the forecast period. Healthcare industry across the globe is increasingly facing significant issues of hospital-acquired infections (HAI). Numerous patients suffer from HAI every year and it causes several deaths around the world. Due to HAIs, the hospitalization period of a patient increases, which further ads into the total hospital cost for the patient. Thus, demand for disinfectant robots is increasing in hospitals around the world, and this in turn is driving the market growth.
Global Disinfectant Robot Market Opportunities:
Increasing requirement for hygiene and safety is likely to create various growth opportunities for market players in the global disinfectant robot market overt the forecast period. The need for safety and hygiene has increased significantly due to the COVID-19 pandemic. It lead to rise in adoption of disinfectant robots in several industries. Market vendors pivoted from Healthcare-based Solutions towards Commercial Facilities. Moreover, private business owners and public agencies are increasingly focusing on disinfection robots for ensuring safety public workplaces and facilities without any additional labor costs.
Growing expenditure on healthcare and sanitization is also presenting market players with several growth opportunities in the global disinfectant robot market over the forecast period. Due to growing incidences of hospital acquired infections resulting from lack of sanitization and precaution, the demand for products for hospital cleaning products and automation in equipment is increasing around the world. This is further leading to growing spending on cleaning and sanitization processes in healthcare, and this further is likely to offer growth opportunities in the market.
|Base Year:||2021||Market Size in 2021:||US$ 701.2 Mn|
|Historical Data for:||2017 to 2020||Forecast Period:||2022 to 2028|
|Forecast Period 2022 to 2028 CAGR:||35.0%||2028 Value Projection:||US$ 5,742.2 Mn|
Time Medical Holding Robotics, Blue Ocean Robotics, Ateago Technology Co., Ltd, Xenex Disinfection Services LLC, Solustar, Finsen Technologies (Thor UV-C), Fetch Robotics, Inc., Skytron LLC, MTR Corporation (Joint venture), Tru-d Smartuvc, Decon-X International, Akara Robotics Ltd., Bridgeport Magnetics, Mediland Enterprise Corporation, Bioquell PLC (Ecolab Inc), Tmirob Technology, and OTSAW Digital Pte Ltd
|Restraints & Challenges:||
Global Disinfectant Robot Market Trends:
Europe is witnessing strong growth in the global disinfectant robot market due to presence of advanced robotic technology, constant expenditure on research and development in robotic field. As per the IFR, there are 170 companies in the European Union and Switzerland that are developing novel entrepreneurial culture for the service robotics industry. Thus, growing adoption of healthcare service robots in the regions is driving the market growth and this trend is likely to continue during the forecast period.
Furthermore, growing advent of cutting-edge technologies such as UVC light, is a growing trend in the global disinfectant robot market. Market players are developing new technologies, such developments in the market are becoming magnet for significant investment as well as funding in several spheres. For instance, Next Generation Manufacturing (NGen), Canada, is investing US$ 5 million in projects associated with production of disinfection technologies for containing the COVID-19 virus spread. Thus, this trend is likely to fuel the market growth during the forecast period.
Global Disinfectant Robot Market Restraints:
High cost of disinfectant robots is one of the major factor expected to restrain growth of the global disinfectant robot market over the forecast period. Due to the effective and strong hardware as well as efficient software, the cost of disinfectant robots increases. Higher capital expenditure are needed for automation equipment for investing in automation technologies. As an automated system can cost up to millions of dollars, it becomes a challenging factor. With growing technological advancement and functionality, the cost of disinfectant robots also increases. Thus, the high initial cost is likely to hamper the market growth.
Need for periodic maintenance is another factor, which is expected to obstruct growth of the global disinfectant robot market during the forecast period. Disinfectant robots require maintenance periodically, which is pressure lying on end-user of these technologies. Due to the need for maintenance, the adoption of disinfectant robot becomes of high cost. Moreover, the higher level of maintenance with lower degree of flexibility of the possible product, is a major factor that is hampering the market growth.
Figure 2. Global Disinfectant Robot Market Share (%), by Deployment, 2021
Global Disinfectant Robot Market Segmentation:
The global disinfectant robot market report is segmented into Product Type and Region.
Based on Product Type, the market is segmented into UV-C, HPV and Others. Out of which, UV-C segment is expected to dominate the global market over the forecast period and this is attributed to the high adoption of these robots. Due to technological efficiency and advantages, UV-C type disinfectant robots are highly adopted in the market. Due to the COVID-19 pandemic, the demand for these robots increased significantly. Thus, the segment is witnessing high growth.
HPV and Others segment is also expected to witness significant growth in the near future and this is owing to the HPV (hydrogen peroxide vapor) is highly utilized solutions for contaminating microorganisms and sanitizing. HPV is classified as a disinfectant by the U.S. Environmental Protection Agency (EPA), under the pesticidal and biocidal properties of HPV.
Global Disinfectant Robot Market: Key Developments
In January 2020, Blue Ocean Robotics Holdings APS expanded to a huge headquarters in the southern part of the Odense. The company is experiencing commercial growth on a global scale with ever-increasing and high demand for professional service robots of the company.
In April 2020, XENEX, selected AT&T for connecting their LightStrike Germ-Zapping Robots. The company will be equipping the XENEX robots with AT& T Internet of Things connectivity to provide the data required by hospitals and XENEX for optimizing robot performance, reducing cost of healthcare and increasing efforts to prevent infections.
Global Disinfectant Robot Market: Key Companies Insights
The global disinfectant robot market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis.
Some of the key players in the global disinfectant robot market are Time Medical Holding Robotics, Blue Ocean Robotics, Ateago Technology Co., Ltd, Xenex Disinfection Services LLC, Solustar, Finsen Technologies (Thor UV-C), Fetch Robotics, Inc., Skytron LLC, MTR Corporation (Joint venture), Tru-d Smartuvc, Decon-X International, Akara Robotics Ltd., Bridgeport Magnetics, Mediland Enterprise Corporation, Bioquell PLC (Ecolab Inc), Tmirob Technology, and OTSAW Digital Pte Ltd.
A Disinfectant Robot is a futuristic machine that sprays disinfectant in public places and has the capability of operating autonomously. These robots are expected to improve patient safety, decrease labor costs, and reduce the number of contagious germs.
A Disinfectant Robot is a mobile robot that uses UV-C rays to eliminate germs. It can disinfect surfaces up to 360 degrees and can navigate confined spaces without human intervention. This robot can also be controlled through a smartphone application or autonomous software. It can help schools, corporations, medical facilities, and other organizations eliminate viruses that cause illnesses. The market for Disinfectant Robots is witnessing strong growth and this can be attributed to increased awareness regarding the impact of healthcare-associated infections and increasing demand for effective hospital cleanliness.
The rapidly growing healthcare industry is expected to further drive the global disinfectant robot market growth. Moreover, continuous advances in medical treatments will encourage the deployment of these robots. Moreover, increasing awareness about these machines will further boost the market. Furthermore, the recent outbreak of COVID-19 in the US and worldwide has fueled the demand for disinfection robots.
However, factors such as bargaining power of suppliers and consumers, threat of substitute products, high initial and maintenance cost are expected to hinder growth of the global disinfectant robot market over the forecast period.
Key features of the study: