Product Code: GVR-4-68039-994-4
Healthcare Companion Robots Market Growth & Trends:
The global healthcare companion robots market size is estimated to reach USD 5.48 billion by 2030, expanding at a CAGR of 17.62% from 2025 to 2030, according to a new report by Grand View Research, Inc. Companion robots are created with a purpose of offering a companionship to humans. These robots assist people especially elderly population in their daily activities and helps to improve their lives.
With increasing geriatric population and rising prevalence of diseases such as Alzheimer's; dementia, etc., the demand of companion robots is likely to increase over a forecast period. Various robots are being developed which help people suffering from such disorders to live normal life. For instance, Ryan, a companion robot outfitted with artificial intelligence technology is designed to assist the aging population, specifically those struggling with Alzheimer's. Also, it is equipped with cognitive games to keep the brain active and helps recognize who it interacts with and carry on conversations. In addition, the increasing incidences of depression is fueling market growth. Furthermore, with the outbreak of COVID-19, the prevalence of loneliness raised, which positively impacted the demand for companion robot. Paro, a companion robot approved by the FDA as an insured cost for patients is used to assist people with depression, anxiety, and other conditions. These robo-seals are provided in free to licensed nursing homes and in around 28 nursing homes in Washington State have started using them since last year.
In addition, various initiatives undertaken by market players to provide innovative solutions is anticipated to drive the growth of the market during the forecast period. For instance, in March 2022, Intuition Robotics launched ElliQ, a digital care companion. It is designed to help older adults to be more physically active and socially engaged and enable them to have happier, more independent lives. Furthermore, integration of advanced technologies to improve the healthcare outcome is expected to boost the market in upcoming years.
Healthcare Companion Robots Market Report Highlights:
- By type, the humanoid segment dominated the healthcare companion robots industry in 2024 and accounted for the largest revenue share due to the benefits offered by these robots, such as precision and minimal human errors.
- The geriatric segment dominated the healthcare companion market in 2024 due to the rising use of these robots to assist the elderly population and help them to mitigate the depression and anxiety issues
- Asia pacific held the largest share in 2024 due to higher adoption of these robots in countries like japan and various initiatives undertaken for the deployment of robots in the region.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Segment scope
- 1.1.2. Regional scope
- 1.1.3. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. Research Assumptions
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Type outlook
- 2.2.2. Age group outlook
- 2.2.3. End use outlook
- 2.2.4. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Healthcare Companion Robots Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.2. Market restraint analysis
- 3.3. Healthcare companion robots: Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.2. PESTLE Analysis
Chapter 4. Healthcare Companion Robots Market Segment Analysis, By Type, 2018 - 2030 (USD Million)
- 4.1. Definition and Scope
- 4.2. Type Market Share Analysis, 2024 & 2030
- 4.3. Segment Dashboard
- 4.4. Global healthcare companion robots market, by type, 2018 to 2030
- 4.5. Humanoid
- 4.5.1. Humanoid market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.6. Animal-like
- 4.6.1. Animal-like market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Healthcare Companion Robots Market Segment Analysis, By Age Group, 2018 - 2030 (USD Million)
- 5.1. Definition and Scope
- 5.2. Age Group Market Share Analysis, 2024 & 2030
- 5.3. Segment Dashboard
- 5.4. Global healthcare companion robots market, by age group, 2018 to 2030
- 5.5. Children
- 5.5.1. Children market estimates and forecasts, 2018 to 2030 (USD million)
- 5.6. Adult
- 5.6.1. Adult market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.7. Geriatric
- 5.7.1. Geriatric market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Healthcare Companion Robots Market Segment Analysis, By End Use, 2018 - 2030 (USD Million)
- 6.1. Definition and Scope
- 6.2. End Use Market Share Analysis, 2024 & 2030
- 6.3. Segment Dashboard
- 6.4. Global healthcare companion robots market, by end use, 2018 to 2030
- 6.5. Nursing homes and elderly care centers
- 6.5.1. Nursing homes and elderly care centers market estimates and forecasts, 2018 to 2030 (USD million)
- 6.6. Hospitals and clinics
- 6.6.1. Hospitals and clinics market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.7. Home healthcare
- 6.7.1. Home healthcare market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.8. Personal use
- 6.8.1. Personal use market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. Healthcare Companion Robots Market Segment Analysis, By Region, 2018 - 2030 (USD Million)
- 7.1. Regional Market Share Analysis, 2024 & 2030
- 7.2. Regional Market Dashboard
- 7.3. Regional Market Snapshot
- 7.4. Healthcare Companion Robots Market Share by Region, 2024 & 2030:
- 7.5. North America
- 7.5.1. North America healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.5.2. U.S.
- 7.5.2.1. U.S. healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.5.3. Canada
- 7.5.3.1. Canada healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.5.4. Mexico
- 7.5.4.1. Mexico healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.6. Europe
- 7.6.1. Europe healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.6.2. UK
- 7.6.2.1. UK healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.6.3. Germany
- 7.6.3.1. Germany healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.6.4. France
- 7.6.4.1. France healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.6.5. Italy
- 7.6.5.1. Italy healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.6.6. Spain
- 7.6.6.1. Spain healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.6.7. Norway
- 7.6.7.1. Norway healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.6.8. Sweden
- 7.6.8.1. Sweden healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.6.9. Denmark
- 7.6.9.1. Denmark healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.7. Asia Pacific
- 7.7.1. Japan
- 7.7.1.1. Japan healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.7.2. China
- 7.7.2.1. China healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.7.3. India
- 7.7.3.1. India healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.7.4. Australia
- 7.7.4.1. Australia healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.7.5. South Korea
- 7.7.5.1. South Korea healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.7.6. Thailand
- 7.7.6.1. Thailand healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.8. Latin America
- 7.8.1. Brazil
- 7.8.1.1. Brazil healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.8.2. Mexico
- 7.8.2.1. Mexico healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.8.3. Argentina
- 7.8.3.1. Argentina healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.9. MEA
- 7.9.1. South Africa
- 7.9.1.1. South Africa healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.9.2. Saudi Arabia
- 7.9.2.1. Saudi Arabia healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.9.3. UAE
- 7.9.3.1. UAE healthcare companion robots market, 2018 - 2030 (USD Million)
- 7.9.4. Kuwait
- 7.9.4.1. Kuwait healthcare companion robots market, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Profiles
- 8.3.1. Blue Frog Robotics & Buddy
- 8.3.1.1. Company overview
- 8.3.1.2. Financial performance
- 8.3.1.3. Product benchmarking
- 8.3.1.4. Strategic initiatives
- 8.3.2. ASUS
- 8.3.2.1. Company overview
- 8.3.2.2. Financial performance
- 8.3.2.3. Product benchmarking
- 8.3.2.4. Strategic initiatives
- 8.3.3. Intuition Robotics
- 8.3.3.1. Company overview
- 8.3.3.2. Financial performance
- 8.3.3.3. Product benchmarking
- 8.3.3.4. Strategic initiatives
- 8.3.4. inGen Dynamics
- 8.3.4.1. Company overview
- 8.3.4.2. Financial performance
- 8.3.4.3. Product benchmarking
- 8.3.4.4. Strategic initiatives
- 8.3.5. PARO Robots U.S., Inc.
- 8.3.5.1. Company overview
- 8.3.5.2. Financial performance
- 8.3.5.3. Product benchmarking
- 8.3.5.4. Strategic initiatives
- 8.3.6. No Isolation
- 8.3.6.1. Company overview
- 8.3.6.2. Financial performance
- 8.3.6.3. Product benchmarking
- 8.3.6.4. Strategic initiatives
- 8.3.7. Luvozo
- 8.3.7.1. Company overview
- 8.3.7.2. Financial performance
- 8.3.7.3. Product benchmarking
- 8.3.7.4. Strategic initiatives
- 8.3.8. Honda Robotics
- 8.3.8.1. Company overview
- 8.3.8.2. Financial performance
- 8.3.8.3. Product benchmarking
- 8.3.8.4. Strategic initiatives
- 8.3.9. Hanson Robotics
- 8.3.9.1. Company overview
- 8.3.9.2. Financial performance
- 8.3.9.3. Product benchmarking
- 8.3.9.4. Strategic initiatives
- 8.3.10. Ubtech
- 8.3.10.1. Company overview
- 8.3.10.2. Financial performance
- 8.3.10.3. Product benchmarking
- 8.3.10.4. Strategic initiatives
- 8.3.11. Emotix
- 8.3.11.1. Company overview
- 8.3.11.2. Financial performance
- 8.3.11.3. Product benchmarking
- 8.3.11.4. Strategic initiatives