High Funding and Investments to Trigger Medical Disinfection Robots Market Growth
According to WHO, traditional infection removing methods are 60% effective. This triggered use of medical disinfection robots, on the back of their perceived benefits with respect to effective control over spread of various infectious diseases. Moreover, spread of COVID 19 has further fuelled use of medical disinfection robots in healthcare facilities such as hospitals and public places. In a bid to meet increasing global demand for medical disinfection robots, manufactures are developing new products by deploying advanced technologies. This aspect has resulted in an increased funding and investment in the medical disinfection robots space. For example, in 2020, Wyoming’s State Loan and Investment Board provided a funding of US$ 4.5 million to Memorial Hospital in Sweetwater County as a COVID relief grant which is an addition to US$ 1.2 million granted to the hospital the previous month to purchase UV medical disinfection robots. Likewise, in the same year, Diligent Robotics raised a series “A” investment of US$ 10 million for hospitals that use its medical disinfection robots. Same year also witnessed an investment of US$ 5 million byNGen (Next Generation Manufacturing Canada) for manufacturing of medical disinfection robots to control and stop spread of COVID 19. In this backdrop, rising investments and funding have largely influenced adoption of medical disinfection robots, consequently bolstering growth of the global medical disinfection robots market.
HAIs to Present Potential Opportunities for Manufacturers of Medical Disinfection Robots
Significant rise in HAI (Healthcare Associated Infections) continues to challenge healthcare facilities worldwide. Huge number of HAI cases is being registered every year. According to CDC (Center of Disease Control and Prevention), 1 in 25 patients is diagnosed with hospital care related infection. HAIs are mainly caused due to AR (antibiotic resistant) bacteria that can lead to sepsis or sometimes death. According to CDC, 75,000 patient deaths would occur each year due to HAIs. Also, Healthcare Associated Infections result in an increased healthcare expenditure making it even more challenging to facilities as well as individuals. In addition, recent COVID 19 pandemic further increased the problem of infection spread, which resulted in hospitals adopting advanced infection controlling systems such as medical disinfection robots. Albeit their high cost, medical disinfection robots can significantly reduce the possibility of infection risk for hospitalized patients. This triggered an increase in demand and surging sales worldwide, in turn contributing to the growth of medical disinfection robots market.
UV Medical Disinfection Robots to Gain Traction
UV medical disinfection robots are gaining significant traction since past few years, given their perceived benefits in killing bacteria, pathogens and viruses efficiently. In addition to high efficiency and effectiveness in disinfecting spaces, UV medical disinfection robots are cost effective, have low maintenance, and do not require additional chemicals for cleaning. They have better ROIs and reduce manual cleaning burden, thus saving time. Also, research is being carried out to check the ability of UV medical disinfection robots in reducing SARS-CoV-2 transmission in healthcare. This is expected to fuel demand for UV medical disinfection robots.
North America to Lead the Medical Disinfection Robots Market
On the back of increasing technological advancements and favorable healthcare infrastructure in North America, medical disinfection robots market is expected to witness high growth potential across developed economies in the region. Moreover, according to CDC, 99,000 deaths related to HAIs are being recorded each year in the United States, which is challenging healthcare facilities in the country. Likewise, analysis by Canadian Patient Safety Institute reflects that around 222,000 patients are infected by HAIs (Healthcare Associated Infections) off which 8,000 patient deaths occur every year in Canada. Additionally, manufacturers of medical disinfection robots are developing robots with advanced technology. For instance, Germ Falcon, a US based company, is focusing on manufacturing medical disinfection robots that use UV platform to disinfect aircrafts. These factors are expected to provide an impetus to the medical disinfection robots market in North America, making it an eye-candy for manufacturers in the coming years.
Medical Disinfection Robots Market Competitive Landscape
As medical disinfection robots market goes optimistic, manufacturers can expect a volley of opportunities. Companies involved in the manufacturing of medical disinfection robots are launching new products to meet the growing demand. In 2020, Vanora Robots Pct Ltd., an Indian startup, launched unmanned robots that disinfect rooms in schools, hospitals etc. Same year, SESTO Robotics unveiled its SESTO Health Guard, an autonomous medical disinfection robot that can disinfect any surface with high precision and efficiency within 24 hours due to its dual functionality. In 2021, Ava Robotics launched UV medical disinfection robots for hospitals, as well as other public places such as offices, banks and warehouses. In 2020, UVD Robots collaborated with Sunay Healthcare Supply to address COVID 19 in China with its UV medical disinfection robot, benefiting hospitals by reducing possibility of infection.
Key players in the medical disinfection robots market include major companies such as Blue Ocean Robotics, Finsen Technologies, Tru-D SmartUVC LLC, Xenex and Skytron.
Key Elements Included In The Study: Global Medical Disinfection Robots Market
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