Robots and the Future of Veterinary Services
Overview
The advent of robotics in various sectors marks an era of drastic transformation and the field of veterinary services is no exception. With the global robotics market projected to reach $170.5 billion by 2025; Robotic applications are increasingly being used in veterinary services, ushering in a new era of animal healthcare. Initiating significant advancements in fields such as surgery, diagnostics, and physical therapy, robots can help minimize the risk of complications during surgical procedures and reduce reliance on manpower while improving the efficiency of processes.
Rapidly Growing Market
The importance of robots in veterinary practice is increasingly being recognized, with the global veterinary healthcare market predicted to reach $27.8 billion by 2025, a 7.9% increase from 2018. Among the various applications of robotics in veterinary services, robotic surgery is expected to command the lion's share of 47.6% by 2025. The use of robot-assisted surgeries can help in performing difficult surgical procedures with unprecedented precision and control.
Improved Diagnostics and Therapies
In addition to surgical assistance, robots are also playing a crucial role in diagnostics and therapies. Robotics-enhanced imaging technology, for example, can generate 3D images of an animal’s body, leading to more accurate diagnoses. In fact, the global veterinary imaging market is slated to reach $2.2 billion by 2026. Robotic rehabilitation, another important aspect, is expected to grow at an impressive 28% CAGR through 2030. Robots can provide consistent and effective physical therapy that humans cannot always provide, ultimately resulting in the better well-being of animals.
Potential Challenges
Despite the potential benefits, the adoption of robots in veterinary services does face challenges. Affordability is a major concern, with complexities around robotic technology contributing to high costs. Training requirements for veterinarians are another significant hurdle, with only around 35% of veterinarians feeling comfortable with the use of robots in veterinary medicine. However, as advancements continue and costs decrease, adoption rates are expected to rise.
Key Takeaways
- The global robotics market is expected to reach $170.5 billion by 2025, with robotic use in veterinary sectors becoming increasingly prevalent.
- The veterinary healthcare market is projected to reach $27.8 billion by 2025, a 7.9% increase from 2018. Robotic surgery is expected to hold 47.6% of the market share by 2025.
- The global veterinary imaging market is estimated to reach $2.2 billion by 2026. Robotic rehabilitation is expected to grow with a 28% CAGR through 2030.
- Despite potential obstacles like affordability and training needs, as technology advances and costs decrease, the adoption rate of robotics in veterinary sectors is expected to increase.
About 3Laws Robotics
3Laws Robotics is at the forefront of this wave of transformation, developing innovative software to enhance safety, efficiency, and reliability of robot systems in various sectors. Our core product, the 3Laws Supervisor, is built upon a technology developed at Caltech known as Control Barrier Functions (CBFs), that offers mathematically provable safety, potentially simplifying the path to robotic certification.
We've used our technology across various applications including warehouse automation, human-robot interaction, and navigation in dynamic environments, yielding positive results such as a 40% efficiency gain and a quick 6-month payback period for an autonomous forklift customer.
The flexibility of our software allows it to be compatible with a wide range of platforms including mobile robots, cars, drones, and manipulators, and be seamlessly integrated with major robotics middleware such as ROS and ROS2.
With our focus on minimizing downtime caused by unnecessary stops and collisions while maximizing operational potential, 3Laws stands as a pioneer of proactive safety solutions for robotics, paving the path towards a future where robots are an integral part of veterinary services.