Telepresence Robot Market to Witness Massive Growth by 2026| Inbot Technology, Double Robotics Inc., Ava Robotics Inc., Camanio Care Inc., Xandex Inc., AXYN

Global Telepresence Robot Market

Global Telepresence Robot Market, By Component (Head, Body), Interface (Hardware, Software), Type (Stationery, Mobile), Application (Education, Healthcare, Enterprise, Homecare, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 Global Telepresence Robot Market is driven by low cost of telepresence robot, demand from healthcare & homecare and efficiency & high accuracy of telepresence robot is rising estimated value from USD 149.8 million in 2018 to an estimated value of USD 481.03 million by 2026, registering a CAGR of 15.7% in the forecast period of 2019-2026.

Some of the major competitors currently working in telepresence robot market are Inbot Technology, Double Robotics Inc., Bossa Nova Robotics Suitable Technologies Inc., VGo Communications Inc,  Mantaro Networks Inc.., InTouch Technologies Inc., Qihan Technology Co. Ltd., Anybots 2.0 Inc., Ava Robotics Inc., Camanio Care Inc., Xandex Inc., AXYN, OhmniLabs Inc., Xaxxon, Swivl Inc., HEASE ROBOTICS, Amy Robotics, Omron Corporation, , Fellow Inc., and iRobot Corporation.

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Market Definition: 

A telepresence robot is the electronic device having wheels and controlled by remote which has wireless internet connectivity. In others worlds, it is device used for video communication. The device can also controlled by tablets, computers or smartphones. Telepresence robot commonly called as skype on wheels

Market Drivers:

  • The telepresence robot market growing rapidly due to its low cost.
  • Rising demand from healthcare and homecare is expected to drive the market growth
  • Efficiency and high accuracy of telepresence robot boosting the overall market of telepresence robot globally.

Market Restraints:

  • High technical and operating complications in telepresence robot is expected to restrain the market growth
  • High cost of telepresence robot is responsible for hampering the growth of the market

Segmentation: Global Telepresence Robot Market

By Type

  • Stationery
  • Mobile

By Hardware

  • Microphone
  • Camera
  • Display
  • Speaker
  • Power Source
  • Sensors & Control Systems
  • Others

By Interface

  • Hardware
  • Software

By Application

  • Education
  • Healthcare
  • Enterprise
  • Homecare
  • Others

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East and Africa

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Key Developments in the Market:

  • In April 2018, InTouch Technologies Inc. announced that they had established a definitive agreement with REACH Health for its acquisition, expanding its market share in healthcare market
  • In January 2018, Suitable Technologies Inc. announced the launch of its ultra-high end telepresence robots known as BeamPro2. The product helps to extent the company’s product portfolio which further increases the company’s overall revenue

Competitive Analysis: 

Global telepresence robot market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of telepresence robot market for global, Europe, North America, Asia Pacific and South America.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

Table of Content: Global Telepresence Robot Market

Part 01: Executive Summary

Part 02: Scope of The Report

Part 03: Global Telepresence Robot Market Landscape

Part 04: Global Telepresence Robot Market Sizing

Part 05: Global Telepresence Robot Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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