Healthcare Companion Robots Market size is evaluated at USD 1.9 billion in 2024 and is predicted to exceed USD 11 billion by the end of 2037, growing at over 15.8% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of healthcare companion robots is assessed at USD 2.2 billion. Increasing demand for home healthcare, demand for automation in medical services, and advancements in AI are significantly driving the global market growth. Additionally, the rising geriatric population, urbanization, changing lifestyle, and lack of time are also boosting the healthcare companion robots market growth.
The worldwide healthcare system is seeking solutions to manage rising patient loads, provide personalized healthcare, and reduce costs. Regions such as North America, Europe, and parts of Asia, where aging populations are prominent, are showcasing rising acceptance of healthcare companion robots for assistance. In addition, robotics advancements have led to enhancements in mobility and additional capabilities, allowing robotic assistance in a wider range of physical tasks. This comprises navigation ability for complex home settings and performing satisfactory motor tasks including object handling and personal care help. For instance, Humanoid robot company 1X announced the launch of a Neo Beta bipedal humanoid robot designed for home use, in September 2024.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
15.8% |
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Base Year Market Size (2024) |
USD 1.9 billion |
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Forecast Year Market Size (2037) |
USD 11 billion |
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Regional Scope |
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Age Group (Children, Adult, Geriatric)
Geriatric segment is predicted to hold healthcare companion robots market share of over 58.2% by the end of 2037. This demographic often faces a range of health challenges which make them ideal candidates for companion robots. While traditionally seen as a tech-resistant group, the elderly population is now becoming increasingly familiar with technology, driven by user-friendly interfaces. Cognitive conditions such as dementia, and Alzheimer’s disease prevalence are rapidly increasing. As per a report by the Alzheimer’s Association in March 2023, nearly 6.7 million Americans aged 65 and above are suffering from Alzheimer's dementia today. This number is projected to reach 13.8 million by 2060. These factors are projected to boost the rising demand for healthcare companion robots during the forecast period.
End use (Nursing homes and elderly care centers, Hospitals and clinics, Home healthcare)
The nursing homes and elderly care centers segment in healthcare companion robots market is expected to register considerable growth during the forecast period. This is primarily due to their unique requirements for patient care and the increasing emphasis on enhancing the quality of life for residents. According to the U.S. Department of Health and Human Services , there were around 1.2 million nursing facility residents in more than 15,000 certified nursing homes, in 2022. New York and California registered the highest numbers of residents in the country. The integration of companion robots in these settings addresses various operational challenges, including demand for personalized care solutions, and staffing shortages. By automating routine tasks, companion robots allow caregivers to focus more on direct patient interaction and care, enhancing the overall quality of service provided to residents.
Our in-depth analysis of the global healthcare companion robots market includes the following segments:
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Robot Type |
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Age Group |
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End use |
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North America Market Analysis
North America in healthcare companion robots market is likely to capture over 40% revenue share by 2037. The rising cost of healthcare in the region has led to a push for automation and technology integration to enhance patient care while reducing costs. Major companies such as the Intuition Robotics, and Ageless Innovation are leading the development of robots offering cognitive engagement and companionship in the region. Moreover, rising awareness of mental health and emotional well-being has further fueled the adoption of these robots in hospitals, care facilities, and even homes, as a part of a holistic approach.
The U.S. presents the biggest healthcare companion robots market in the North American region owing to the rising demand for advanced care solutions for the aging population and the shortage of healthcare workers. Moreover, the rising demand for home-based care and the increasing prevalence of chronic illness are hyping the demand for companion robots majorly for healthcare in the country. Personalized and non-invasive care solutions are highly in demand. Hence, companion robots offering critical support and assistance in fulfilling daily tasks, offering emotional companionship, and monitoring health conditions, are also witnessing rising demands.
Canada healthcare companion robots market is also expected to witness considerable growth. The country aims to address the rising chronic health condition cases, reduce caregiver burnout, and support mental health through companionship. As the country’s government prioritizes patient-centered care, companion robots are becoming a key in delivering innovative, long-term care solutions. In May 2023, Axniix announced a partnership with robot manufacturer Aeolus to assist in healthcare.
APAC Market Statistics
APAC is experiencing rapid growth, spurred by technological advancements in AI and robotics, in addition to government initiatives. The region’s aging demographic is projected to accelerate the need for robotic solutions to assist in elder care and healthcare management. As per an article posted by the World Economic Forum, in October 2021, Asia-Pacific is likely to see the most rapid increase in older citizens by 2050. The shortage of healthcare workers is also boosting the demand for companion robots to bridge the gap between rising healthcare services demand and the available workforce in the region.
China healthcare companion robots market is gaining momentum, driven by the rapidly aging population, urbanization, and growing demand for healthcare innovation. Companion robots are emerging as a key solution, providing daily task assistance, and health monitoring, particularly in the urban areas of the country where family caregivers are limited. Companies are also extending their footprint in the country owing to the rising demands. For instance, in Jun 2024, the family companion robot, named LOVOT, by GROOVE X, opened its first physical store in Shanghai, China. Furthermore, the local government is also investing heavily in robotics as a part of its Made in China 2025 initiative, aiming to enhance healthcare infrastructure through technological innovation.
The senior population in South Korea is growing rapidly making up about 8.53 million, which is 16% of the total population in the country, in 2021. As per Statistics Korea, the population is projected to reach 17 million by the end of 2040. With this rising number of elderly populations, there is an increasing chance of registering a rising number of patients suffering from dementia in the country. To address these factors, the local governments have introduced companion robots to single persons and those suffering from mental health issues, aiming to support their well-being. In September 2022, Mayongji Hospital announced the ongoing development of an AI-driven care robot for assistance to patients with dementia.
Companies are focusing on enhancing patient care solutions and improving quality of life. By integrating cutting-edge AI and robotics, the players are developing intelligent companions, majorly for the elderly and children population. Several investments are also taking place in the healthcare companion robots market for research & developmental activities. For instance, in August 2023, Intuition Robotics announced raising USD 25 million in additional funding to meet the surging demand for the company’s AI care companion ElliQ across government aging agencies and healthcare organizations. Some of the prominent companies include:
Author Credits: Radhika Pawar
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