Market Size of Disinfectant Robot Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.12 Billion |
Market Size (2029) | USD 3.36 Billion |
CAGR (2024 - 2029) | 24.60 % |
Fastest Growing Market | North America |
Largest Market | Asia-Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Disinfectant Robot Market Analysis
The Disinfectant Robot Market size is estimated at USD 1.12 billion in 2024, and is expected to reach USD 3.36 billion by 2029, growing at a CAGR of 24.60% during the forecast period (2024-2029).
The rapid rise in healthcare and sanitation spending due to the COVID-19 Outbreak and high investments in the field of disinfectant robots has increased the demand for growth in the market.
- Recently, the need for disinfection robots increased in order to decrease HAIs without adding to personnel expenditures. Processes like hydrogen peroxide and ultraviolet disinfection are carried out by manual labor because disinfection robots are still relatively recent inventions in the healthcare market in many nations. The pharmaceutical sector has been utilizing UV-C in cleanroom settings for more than ten years.
- The industry is primarily observing a trend of mobile robots that can UV-sanitize spaces. The market under study will advance due to the rising need for service robots, particularly in the healthcare sector.
- Sanitizing and disinfectant have become an area of concern, especially in highly populated areas, including hospitals, restaurants, hotels, airports, and schools. Due to this, the market is witnessing more companies and institutions that shifted to automation for disinfecting applications, hence, investing in robots.
- The higher costs of disinfectant robots are associated with effective and robust hardware and efficient software. Automation equipment includes higher capital expenditure required to invest in automation technologies (an automated system can cost millions of dollars to design, fabricate, and install). And with increasing advancement and functionality, the cost also increases.
- The COVID -19 pandemic increased and highlighted the value of robotic and automated technology. In addition to assisting in overcoming the difficulties faced by the human workforce during the pandemic, these technologies substantially reduce the virus's impact.