In a recently published report, UV-C Disinfection Robot Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for UV-C Disinfection Robot Market products.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Global UV-C Disinfection Robot Market is valued at approximately USD 173 million in 2019 and is anticipated to grow with a healthy growth rate of more than 32% over the forecast period 2020-2027. The UV-C disinfection robots are a type of robotic systems that make use of ultraviolet radiation to exterminate the germs. The UV-C is defined as ultraviolet light with a wavelength between 200–280 nanometers (nm). Short-wavelength UV-C is a harmful type of UV energy, and thus, it is commonly used for killing bacteria and viruses to disinfect the surface. The robots developed with UV-C light, are used as a part of the consistent cleaning cycle, which results in preventing and reducing the spread of communicable diseases caused by viruses, bacteria, and other types of damaging organic microorganisms in the atmosphere.
The robotic disinfection is secure, reliable, and reduces human inaccuracy. Moreover, the recent outbreak of the COVID-19 throughout the world has insisted on various regional governments to adopt health & safety measures as well as medical robots. Since, the medical professionals seek hand free ways to prevent the spread of novel coronavirus, and UV-C robots can help in regulating the spread of novel coronavirus by killing their germs from surrounding. Therefore, rise in the prevalence of infectious diseases, such as the recent COVID-19, along with the technological development in the robotic field to control the infections efficiently are few other factors responsible for the market growth over the forecast period. For instance: According to the World Health Organization (WHO), as of 6th July 2020, the global number of COVID-19 cases was estimated at around 11.3 million with 532,340 deaths, demonstrating an increase from around 1 million on 4th April 2020 with 59,285 deaths. This, in turn, is expected to accelerate the demand for UV-C Disinfection Robot around the world. However, the high cost of UV-C disinfection robots is one of the major factors impeding the market growth over the forecast period of 2020-2027.
The regional analysis of the global UV-C Disinfection Robot market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the high investment in the development of new UV-C disinfection robots and the large presence of significant vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rising prevalence of infectious diseases, along with the stringent government measures to reduce hospital-acquired infections (HAIs) would create lucrative growth prospects for the UV-C Disinfection Robot market across the Asia-Pacific region.
Major market player included in this report are:
The Clorox Company
Xenex Disinfection Services LLC
UVD Robots ApS
Tru-D SmartUVC, LLC
Hipac Healthcare Pty Ltd
Finsen Technologies Ltd
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
Hospital & Clinics
Drug Production Workshop
Rest of the World
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Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global UV-C Disinfection Robot Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
About Kenneth Research
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