Disinfectant Robots Is Estimated To Witness High Growth Owing To Opportunity In Hospital Disinfection

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Disinfectant robots are autonomous robots that are equipped with disinfecting systems like ultraviolet light, hydrogen peroxide vapor or disinfecting sprayer to eliminate germs and pathogens from surfaces without involving manual cleaning. They help remove 99.9% of harmful germs from hospitals and healthcare facilities in a short span of time. The global disinfectant robot market plays a vital role in healthcare facilities by reducing hospital acquired infections and ensuring a hygienic environment for patients, staff as well as visitors.

 

The global Disinfectant Robot Market is estimated to be valued at US$ 1277.94 Mn  in 2023 and is expected to exhibit a CAGR of 10.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Opportunity:
Hospital-acquired infections continue to be a major concern for patients and healthcare systems globally. It has been estimated that over 700,000 people in the United States get an infection while receiving care in hospitals each year. The use of disinfectant robots can help reduce hospital acquired infections significantly by disinfecting each room thoroughly after patient discharge or even daily. Their round-the-clock autonomous operation ensures spaces are constantly sanitized without human intervention. This presents a major market opportunity for disinfectant robot manufacturers to partner with hospitals and provide automated disinfection solutions that improve patient safety and quality of care.

Porter’s Analysis
Threat of new entrants: The threat of new entrants is moderate as the disinfectant robot market requires substantial R&D investments and technology which poses barriers for new companies. However, integration of existing technologies can reduce entry barriers to some extent.
Bargaining power of buyers: The bargaining power of buyers is high as the market has variety of disinfectant robot providers. Buyers can negotiate on price and quality leading to price competition.
Bargaining power of suppliers: The bargaining power of suppliers is moderate as suppliers of components are specialized. Switching costs from one supplier to another are low.
Threat of new substitutes: The threat of substitutes is moderate as manual cleaning is still practiced. However, robotics and AI provide opportunity for developing new disinfection technologies.
Competitive rivalry: The competitive rivalry is high due to presence of numerous global and local players offering wide range of disinfectant robot solutions. Companies compete based on product features, support services and pricing.

SWOT Analysis
Strength: Disinfectant robots offer effective, automated and consistent disinfection. They are more efficient than manual cleaning methods. The market is growing due to rising need for bacteria and virus control.
Weakness: High initial purchase and maintenance costs limit adoption. Integration challenges with existing infrastructure. Require skilled technicians for operations and repairs.
Opportunity: Increasing healthcare spending and rising cases of hospital acquired infections present commercialization opportunities. Non healthcare sectors adoption for surface disinfection.
Threats: Manual cleaning methods are still preferred in price sensitive regions. Technical issues and breakdowns impact operations continuity. Regulations around robot usage and safety standards.

Key Takeaways

The global Disinfectant Robot Market Demand is expected to witness double digit CAGR during the forecast period of 2023 to 2030. The global disinfectant robot market is estimated to be valued at US$ 1277.94 Mn  in 2023 and is expected to exhibit a CAGR of 10.% over the forecast period 2023 to 2030.

North America currently dominates the market attributed to major technological advancements and increasing healthcare expenditure in the region. Asia Pacific indicates fastest growth rate over next few years. Developing nations like India and China are commercializing disinfection robotics for hospitals and public areas. Declining average selling price of robots along with growing maturity of supporting technologies like AI and IoT is further expected to drive the robot adoption across Asia Pacific region.

Key players operating in the Disinfectant Robot market are Flex, TE Connectivity, Sanmina, Jabil, Celestica, Plexus, and Tecomet, among others. Major players are focusing on introducing integrated robots with advanced sensing, navigation and disinfection capabilities. Strategic collaborations are helping players expand market presence while enhancing product portfolios.

 

For More Details On The Report,  Read  https://www.pressreleasebulletin.com/growing-demand-the-disinfectant-robot-market-share-analysis/

 

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