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Showing posts with the label Robotic Nurse Assistant Market

Revolutionizing Healthcare: The Growing Impact of the Robotic Nurse Assistant Market

  The global  robotic nurse assistant market  size is expected to reach USD 2.9 billion by 2030 and is expected to expand at a CAGR of 14.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. The major factors contributing to the industry growth are the increase in healthcare expenditure and technological advancements in the healthcare sector. Furthermore, the FDA approval for products is fueling the growth.    The growing population of older adults and the increasing prevalence of chronic diseases are increasing the demand for robotic nurse assistants for helping patients. According to statistics of the WHO, about 254 million people were aged 60 and above in 2019, and the number is expected to reach 402 million by 2040. Unlike other industries, COVID-19 positively impacted the growth as economically stronger regions adopted these robots to take care of COVID patients to avoid human interactions.  The high cost of robotic systems and ...