Environmental Disinfection Robot Market Size to Grow by $ 771.31 mn through 2021-2025
The environmental disinfection robot market is expected to grow by $ 771.31 mn, accelerating at a CAGR of almost 41% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Environmental Disinfection Robot Market: Segmentation by Technology
This report provides a detailed analysis of the market by Technology (UV-C and HPV) and Geography (North America, Europe, APAC, MEA, and South America). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.
The UV-C has been growing as more hospitals and other healthcare facilities are increasingly changing their cleaning protocols and investing in advanced technologies to protect themselves from HAIs. The UV-C light covers the entire germicidal UV band with high-intensity pulses that travel fast and are effective against pathogens due to their intensity. Additionally, these robots use a shorter cycle time and do not require end-users to incur any additional charges in hiring technical professionals for operating them. This has led to the increase in demand for UV-C disinfection systems and is a key factor in boosting the growth of the environmental disinfection robot market.
Healthcare facilities in the US have been implementing extensive programs to improve the disinfection process to the extent that 61% of the market growth will originate from North America during the forecast period. The US is the key market for environmental disinfection robot market in North America. Market growth in this region will be faster than the growth of the market in MEA and South America.
Environmental Disinfection Robot Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Blue Ocean Robotics, Ecolab Inc., Finsen Technologies Ltd., Mediland Enterprise Corp., Professional Disposables International Inc., Steriliz LLC, STERIS Plc, Surfacide, The Clorox Co., and Xenex Disinfection Services LLC are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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