Market Overview:
The disinfectant robot market consists of autonomous robots that are designed for disinfecting various indoor and medical facilities. Disinfectant robots use ultraviolet (UV) light technology to sanitize surfaces and the surrounding area. UV light destroys the genetic material of pathogens like bacteria, viruses, and other microorganisms rendering them incapable of reproduction. Compared to manual cleaning, disinfectant robots provide more consistent and thorough disinfection coverage of both ordinary surfaces and difficult-to-reach areas. They reduce the risk of cross-contamination and are more efficient than manual cleaning while ensuring human safety. Growing concerns over hospital acquired infections and the need to reduce environment borne illnesses is propelling demand for disinfectant robots in the healthcare industry.
The Disinfectant Robot market is estimated to be valued at US$ 1277.94 Mn in 2023 and is expected to exhibit a CAGR of 35.% over the forecast period from 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the disinfectant robot market is the growing adoption of UV disinfection robots. UV light effectively eliminates microorganisms and is considered a safe and chemical-free disinfection method. UV disinfection robots such as Xenex’s Pulsed Xenon system are increasingly being deployed in hospitals to reduce healthcare associated infections (HAIs). Another major trend is the integration of artificial intelligence and IoT in disinfecting robots. IoT enabled disinfecting robots can map rooms, target key touch points, and manage their own schedules autonomously. AI allows robots to detect objects, avoid obstacles and clean intelligently and efficiently. Companies such as OTSAW are coming up with disinfecting robots that use computer vision, SLAM and AI for autonomous germ-zapping. Focus on developing multi-purpose disinfection robots that can sanitize both surfaces and air is also a key trend in this market.
Porter’s Analysis
Threat of new entrants: Low capital requirements and established industry players create barriers for new entrants in the disinfectant robot market.
Bargaining power of buyers: Large number of manufacturers allows buyers to negotiate lower prices. However, customized product development increases switching costs.
Bargaining power of suppliers: Major suppliers include robotics and electronics part manufacturers. Supplier power is moderate due to availability of substitutes.
Threat of new substitutes: Threat from alternatives like UV disinfection equipment is low as robots provide 360-degree coverage and remote operation.
Competitive rivalry: Presence of numerous global and regional players results in high competition.
Key Takeaways
The Global Disinfectant Robot Market Size is expected to witness high growth, exhibiting CAGR of 35% over the forecast period, due to increasing awareness about hospital-acquired infections.
Regional analysis: North America dominates the market currently due to stringent hygiene regulations and rising number of COVID-19 cases. Asia Pacific is expected to grow at the fastest pace owing to increasing healthcare spending in countries like China and India.
Key players operating in the disinfectant robot market are Time Medical Holding Robotics, Blue Ocean Robotics, Ateago Technology Co., Ltd, Xenex Disinfection Services LLC, Solustar, Finsen Technologies (Thor UV-C), Fetch Robotics, Inc., Skytron LLC, MTR Corporation (Joint venture), Tru-d Smartuvc, Decon-X International, Akara Robotics Ltd., Bridgeport Magnetics, Mediland Enterprise Corporation, Bioquell PLC (Ecolab Inc), Tmirob Technology, and OTSAW Digital Pte Ltd.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it