Global swabbing robots market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a significant CAGR during the forecast period.
Global Swabbing Robots Market
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Market Definition
There are basically two types of swabbing robots available in the market, one to use in industrial applications and other to use in healthcare applications. Industrial swabbing robots are the automated machines which are basically used to lubricate moulds to form glass bottles during production process. Healthcare swabbing robots are used to take a swab test to detect the infected patients from the distance.
Market Dynamics
A swabbing robot market has been seeing ample growth from the past few years. The growth of the swabbing robots is primarily driven by a large-scale adoption of swabbing robots in glass container industries across the globe. Increasing need for healthy and safe working environment, ongoing advancements in technologies and rising demand from glass industries to improve the profitability are expected to improve the growth of the market during the forecast period. In addition, growing spread of COVID-19 pandemic and rising need to take swab tests of the infected person without human contact is expected to create more future opportunities in the global swabbing robot market. However, high initial manufacturing cost of both industrial and healthcare swabbing robots is the major restraining factor that could hamper the growth of the market.
Global Swabbing Robots Market: Segmentation Analysis
By type, industrial swabbing robot dominated the market in 2019 and is expected to witness steady growth at a CAGR of XX% during the forecast period. The growth is attributed to a growing installation of swabbing robots in glass container industry across the globe. Increasing production of various glass bottles and rising adoption of industrial swabbing robots to increase productivity and to improve workers safety is driving the growth of the market.
Alternatively, the healthcare swabbing robots are projected to witness fast growth at a CAGR of XX% during the forecast period. An increasing advancement and development in robotic technology and rising production of healthcare swabbing robots to collect samples for lab analysis and to enable safe and effective mass testing for corona virus is expected to improve the growth of the market during the forecast period. In addition, rising innovations to produce smart swab robots by using smartphone is driving the growth of the market. For example, in 2020, India based robotics engineer has developed a COVID-19 smart swab robot to collect test samples of corona virus. This robots reduces the need of human contacts, thus helps to reduce the spread of this infectious virus. Also, in July-Aug 2020, Taiwan’s Brain Navi Biotechnology Co., Ltd has developed an innovative swab robot to automatically test nasal swab to avoid infections and to shield healthcare workers by reducing staff-patient contact. These ongoing innovations are further expected to expand the growth of the market during the forecast period.
Global Swabbing Robots Market: Regional Analysis
Region-wise, North America held the largest market share in 2019 and is expected to continue its dominance at a CAGR of XX% during the forecast period. The US and Canada are the major key contributors behind the growth of the market. The growing cases of COVID-19 infected people and rising need to treat them by instant swab test is driving the market. Thus, growing technological advancements and introduction of smart swab robots by researchers is driving the growth of the market in the region. Also, increasing introductions of various automated robots for swab testing, to deliver medicines to patients and entry of new start ups in the robotics industry is further propelling the growth of the market in the NA region.
However, Europe is witnessing the fastest growth at a CAGR of XX% during the forecast period. The countries such as the UK, France, Germany, Spain, and Italy are dominating the market in the region. Rising investments in research infrastructure, growing production of throat swabbing robots to detect the infectious disease and rising need to reduce human contact is attributed to the growth of the market in the region. For instance, in 2020, the new start-up named as Lifeline Robotics has manufactured an autonomous throat swabbing robot to test for the novel corona virus. This swabbing robot is capable of taking automated swabbing process hardly in seven minutes and the swab itself 25 seconds.
The objective of the report is to present a comprehensive analysis of the Global Swabbing Robots Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Swabbing Robots Market dynamics, structure by analyzing the market segments and projects the Global Swabbing Robots Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Swabbing Robots Market make the report investor’s guide.
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The Scope of Global Swabbing Robots Market
Global Swabbing Robots Market, By Product Type
• Industrial Swabbing Robots
• Healthcare Swabbing Robots
Global Swabbing Robots Market, By Application
• Engineering Purchase
• Engineering Leasing
• Clinical Applications
Global Swabbing Robots Market, By Region
• North America
US
Canada
• Europe
UK
France
Germany
Italy
Spain
Norway
Russia
• Asia Pacific
China
India
Japan
South Korea
Australia
Malaysia
Indonesia
• South America
Brazil
Mexico
Argentina
• Middle East and Africa
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