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Healthcare Companion Robots Market Size, Share & Trends Analysis Report By Type (Animal-like, Humanoid), By Age-Group (Children, Adult, Geriatric), By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 100 Pages
  • November 2022
  • Region: Global
  • Grand View Research
  • ID: 5702179
Description Jump to:
The global healthcare companion robots market is expected to reach USD 5.6 billion by 2030. The market is expected to register a CAGR of 17.8% for the forecast period 2023-2030. Companion robots are created with a purpose of offering a companionship to humans. These robots assist people especially elderly population in their daily activities and helps to improve their lives.

With increasing geriatric population and rising prevalence of diseases such as Alzheimer’s; dementia, etc., the demand of companion robots is likely to increase over a forecast period. Various robots are being developed which help people suffering from such disorders to live normal life. For instance, Ryan, a companion robot outfitted with artificial intelligence technology is designed to assist the aging population, specifically those struggling with Alzheimer’s. Also, it is equipped with cognitive games to keep the brain active and helps recognize who it interacts with and carry on conversations. In addition, the increasing incidences of depression is fueling market growth. Furthermore, with the outbreak of COVID-19, the prevalence of loneliness raised, which positively impacted the demand for companion robot. Paro, a companion robot approved by the FDA as an insured cost for patients is used to assist people with depression, anxiety, and other conditions. These robo-seals are provided in free to licensed n
ursing homes and in around 28 nursing homes in Washington State have started using them since last year.

In addition, various initiatives undertaken by market players to provide innovative solutions is anticipated to drive the growth of the market during the forecast period. For instance, in March 2022, Intuition Robotics launched ElliQ, a digital care companion. It is designed to help older adults to be more physically active and socially engaged and enable them to have happier, more independent lives. Furthermore, integration of advanced technologies to improve the healthcare outcome is expected to boost the market in upcoming years.

Healthcare Companion Robots Market Report Highlights

  • In 2022, the humanoid segment held the largest share due to its increasing demand in medical procedures to keep children distracted and its use in autism special education.
  • The geriatric segment dominated the healthcare companion market in 2022 due to the rising use of these robots to assist the elderly population and help them to mitigate the depression and anxiety issues
  • Asia pacific held the largest share in 2022 due to higher adoption of these robots in countries like japan and various initiatives undertaken for the deployment of robots in the region.


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definition
1.3. Research Methodology
1.3.1. Information Procurement
1.3.1.1. Purchased database:
1.3.1.2. internal database
1.3.2. Primary Research:
1.4. Research Scope and Assumptions
1.5. List to Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
2.4. Healthcare Companion Robots Market Snapshot
Chapter 3. Healthcare Companion Robots Market Variables, Trends, & Scope
3.1. Penetration and Growth Prospect Mapping
3.2. Opportunity Analysis (2017 - 2022 - 2030)
3.3. Healthcare Companion Robots Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic and Social landscape
3.3.2.3. Technological landscape
3.3.3. Major Deals & Strategic Alliances Analysis
3.4. Impact of COVID-19 on the market
Chapter 4. Healthcare Companion Robots Market: Type Estimates & Trend Analysis
4.1. Definitions and Scope
4.2. Healthcare Companion Robots Market: Type Movement Analysis, 2022 & 2030 (USD Million)
4.3. Animal-like
4.3.1. Animal-like market estimates and forecasts, 2017 - 2030 (USD Million)
4.4. Humanoid Robots
4.4.1. Humanoid robots market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 5. Healthcare Companion Robots Market: Age-Group Estimates & Trend Analysis
5.1. Definitions & Scope
5.2. Healthcare Companion Robots Market: Age-Group Movement Analysis, 2022 & 2030 (USD Million)
5.3. Children
5.3.1. Children market estimates and forecasts, 2017 - 2030 (USD Million)
5.4. Adult
5.4.1. Adult market estimates and forecasts, 2017 - 2030 (USD Million)
5.5. Geriatric
5.5.1. Geriatric market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 6. Healthcare Companion Robots Market: Regional Estimates & Trend Analysis
6.1. Regional Market Snapshot
6.2. Healthcare Companion Robots Market: Regional Movement Analysis
6.3. North America
6.3.1. North America market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.3.2. North America market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.3.3. U.S.
6.3.3.1. U.S. market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.3.3.2. U.S. market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.3.4. Canada
6.3.4.1. Canada market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.3.4.2. Canada market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.4. Europe
6.4.1. Europe market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.4.2. Europe market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.4.3. Germany
6.4.3.1. Germany market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.4.3.2. Germany market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.4.4. U.K.
6.4.4.1. U.K. market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.4.4.2. U.K. market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.4.5. France
6.4.5.1. France market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.4.5.2. France market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.4.6. Italy
6.4.6.1. Italy market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.4.6.2. Italy market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.4.7. Spain
6.4.7.1. Spain market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.4.7.2. Spain market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.5. Asia Pacific
6.5.1. Asia Pacific market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.5.2. Asia Pacific market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.5.3. Japan
6.5.3.1. Japan market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.5.3.2. Japan market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.5.4. China
6.5.4.1. China market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.5.4.2. China market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.5.5. India
6.5.5.1. India market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.5.5.2. India market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.5.6. South Korea
6.5.6.1. South Korea market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.5.6.2. South Korea market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.5.7. Australia
6.5.7.1. Australia market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.5.7.2. Australia market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.6. Latin America
6.6.1. Latin America market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.6.2. Latin America market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.6.3. Brazil
6.6.3.1. Brazil market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.6.3.2. Brazil market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.6.4. Mexico
6.6.4.1. Mexico market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.6.4.2. Mexico market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.6.5. Argentina
6.6.5.1. Argentina market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.6.5.2. Argentina market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.7. MEA
6.7.1. MEA market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.7.2. MEA market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.7.3. South Africa
6.7.3.1. South Africa market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.7.3.2. South Africa market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.7.4. Saudi Arabia
6.7.4.1. Saudi Arabia market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.7.4.2. Saudi Arabia market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
6.7.5. UAE
6.7.5.1. UAE market estimates and forecasts, by type, 2017 - 2030 (USD Million)
6.7.5.2. UAE market estimates and forecasts, by age-group, 2017 - 2030 (USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Competition Categorization
7.3. Company Market Position Analysis
Chapter 8. Competitive Landscape
8.1. Blue Frog Robotics & Buddy
8.1.1. Company overview
8.1.2. Financial performance
8.1.3. Product benchmarking
8.1.4. Strategic initiatives
8.2. ASUS
8.2.1. Company overview
8.2.2. Financial performance
8.2.3. Product benchmarking
8.2.4. Strategic initiatives
8.3. Intuition Robotics
8.3.1. Company overview
8.3.2. Financial performance
8.3.3. Product benchmarking
8.3.4. Strategic initiatives
8.4. inGen Dynamics
8.4.1. Company overview
8.4.2. Financial performance
8.4.3. Product benchmarking
8.4.4. Strategic initiatives
8.5. PARO Robots U.S., Inc.
8.5.1. Company overview
8.5.2. Financial performance
8.5.3. Product benchmarking
8.5.4. Strategic initiatives
8.6. No Isolation
8.6.1. Company overview
8.6.2. Financial performance
8.6.3. Product benchmarking
8.6.4. Strategic initiatives
8.7. Luvozo
8.7.1. Company overview
8.7.2. Financial performance
8.7.3. Product benchmarking
8.7.4. Strategic initiatives
8.8. Honda Robotics
8.8.1. Company overview
8.8.2. Financial performance
8.8.3. Product benchmarking
8.8.4. Strategic initiatives
8.9. Hanson Robotics
8.9.1. Company overview
8.9.2. Financial performance
8.9.3. Product benchmarking
8.9.4. Strategic initiatives
8.10. Ubtech
8.10.1. Company overview
8.10.2. Financial performance
8.10.3. Product benchmarking
8.10.4. Strategic initiatives
8.11. Emotix
8.11.1. Company overview
8.11.2. Financial performance
8.11.3. Product benchmarking
8.11.4. Strategic initiatives
8.12. Jibo
8.12.1. Company overview
8.12.2. Financial performance
8.12.3. Product benchmarking
8.12.4. Strategic initiatives
List of Tables
Table 1 Factors used in segment share estimation
Table 2 List of secondary data sources
Table 3 Primary interview details, by source
Table 4 Primary interview details, by region
Table 5 North America Healthcare companion robots market, by country, 2017 - 2030 (USD Million)
Table 6 North America Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 7 North America Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 8 U.S. Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 9 U.S. Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 10 Canada Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 11 Canada Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 12 Europe Healthcare companion robots market, by country, 2017 - 2030 (USD Million)
Table 13 Europe Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 14 Europe Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 15 Germany Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 16 Germany Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 17 U.K. Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 18 U.K. Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 19 France Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 20 France Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 21 Italy Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 22 Italy Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 23 Spain Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 24 Spain Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 25 Asia Pacific Healthcare companion robots market, by country, 2017 - 2030 (USD Million)
Table 26 Asia Pacific Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 27 Asia Pacific Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 28 Japan Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 29 Japan Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 30 China Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 31 China Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 32 India Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 33 India Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 34 South Korea Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 35 South Korea Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 36 Australia Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 37 Australia Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 38 Latin America Healthcare companion robots market, by country, 2017 - 2030 (USD Million)
Table 39 Latin America Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 40 Latin America Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 41 Brazil Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 42 Brazil Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 43 Mexico Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 44 Mexico Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 45 Argentina Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 46 Argentina Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 47 MEA Healthcare companion robots market, by country, 2017 - 2030 (USD Million)
Table 48 MEA Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 49 MEA Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 50 South Africa Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 51 South Africa Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 52 Saudi Arabia Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 53 Saudi Arabia Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
Table 54 UAE Healthcare companion robots market, by type, 2017 - 2030 (USD Million)
Table 55 UAE Healthcare companion robots market, by age-group, 2017 - 2030 (USD Million)
List of Figures
Fig. 1 Market research process
Fig. 2 Data Triangulation Techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value chain based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Market Snapshot
Fig. 9 Healthcare Companion Robots Market variables, trends & scope
Fig. 10 Penetration & Growth Prospect Mapping
Fig. 11 Market driver relevance analysis (Current & future impact)
Fig. 12 Market restraint relevance analysis (Current & future impact)
Fig. 13 Company/Competition Categorization
Fig. 14 Type market share analysis, 2022 & 2030
Fig. 15 Segment Dashboard
Fig. 16 Animal-like market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 17 Humanoid robots market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 18 Age-group market share analysis, 2022 & 2030
Fig. 19 Segment Dashboard
Fig. 20 Children market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 21 Adult market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 22 Geriatric market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 23 Regional market place: Key takeaways
Fig. 24 Healthcare Companion Robots Market: Regional outlook, 2022 & 2030 (USD Million)
Fig. 25 North America market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 26 U.S. market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 27 Canada market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 28 Europe market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 29 Germany market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 30 U.K. market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 31 France market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 32 Italy market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 33 Spain market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 34 Asia Pacific market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 35 Japan market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 36 China market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 37 India market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 38 South Korea market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 39 Australia market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 40 Latin America market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 41 Brazil market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 42 Mexico market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 43 Argentina market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 44 MEA market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 45 South Africa market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 46 Saudi Arabia market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 47 UAE market revenue estimates and forecasts, 2017 - 2030 (USD Million)

Companies Mentioned

  • Blue Frog Robotics & Buddy
  • Asus
  • Intuition Robotics
  • Ingen Dynamics
  • Paro Robots U.S. Inc.
  • No Isolation
  • Luvozo
  • Honda Robotics
  • Hanson Robotics
  • Ubtech
  • Emotix
  • Jibo

Methodology

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