This report provides exclusive insights into the COVID-19 impact on the Telepresence Robots Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Telepresence Robots Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Telepresence Robots Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
telepresence robots market provides an in-depth analysis of segments and
sub-segments in the global as well as regional telepresence robots market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional telepresence robots market over the short term as
well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of global telepresence robots market. According to
the report, the global telepresence robots market is projected to grow at a
CAGR of 15.3% over the forecast period of 2019-2025.
The telepresence robot is the next stage of evolution beyond
stationary video conferencing. This technology is taking advantage of the
existing telecommunications infrastructure and recent advances in robotics
technology. The core enabling technologies for these robots are already
widespread in the market, with costs on a steady downward trajectory, and no
significant barriers exist to broader levels of adoption in the years to come.
Diagnosis, treatment, and surgery of patients are done from remote locations in
the telemedicine. The physicians from offsite locations have been using skype
and other multimedia software as a medium to provide instructions during
critical treatments. Healthcare, business, and education institutes are
estimated to be the potential markets of telepresence robots worldwide.
The rising demand from the healthcare sector is the major driving
factor for telepresence robots market. Furthermore, factors such as the
increase in demand for teleconferences and the increased need for
organizational efficiency are other driving factors for the market growth.
Personal telepresence robots in various sectors such as healthcare, education,
retail and hospitality sectors, and others are boosting the market growth. The
growing overseas businesses across the world increased the strength of virtual
meetings & created demand for telepresence robots across the globe.
However, the high cost of telepresence robots is restraining the growth of the
telepresence robots market. Moreover, technological advancement in telepresence
robots is expected to provide growth opportunities to the market players.
Geographically, North America dominates the global telepresence
robots market owing to the presence of critical supporting infrastructure, such
as communication and power in this region. In North America, educational
institutions, such as schools in the region are promptly using technological
products to develop and improve the learning experience of the students. This
has also helped in making the regional market enjoy the dominant share in this
The report on global telepresence robots market covers segments
such as product type and end-user application. On the basis of product type,
the sub-markets include stationary, and mobile. On the basis of end-user
application, the sub-markets include education, healthcare, business, security,
and other end-user applications.
The report provides profiles of the companies in the market such
as VGo Communications, Inc., InTouch Health, Double Robotics, Inc., Anybots
Inc., iRobot Corporation, Suitable Technologies, Inc., Amy Robotics, Mantaro
Product Development Services, Inc., Xandex Inc., Vecna Technologies, Inc., and
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of telepresence
robots market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.