You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

DUBLIN, Feb. 24, 2021 /PRNewswire/ -- The "Global Telepresence Robots Market By Component (Head v/s Body), By Type (Stationary v/s Mobile), By Application (Education, Healthcare, Enterprise, Homecare, Others), By Company, By Region, Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering. The Global Telepresence Robots Market is expected to grow at a formidable rate of around 15% during the forecast period. The Global Telepresence Robots Market is driven by the extensive use of these robots across various enterprises. These robots help the organizations in virtual meetings, organizing teleconferences and remote management of employees. Also, telepresence robots help business collaborate with each other without any need of travelling thereby saving the cost for the organization. This in turn is expected to positively influence the market growth. Additionally, these robots provide flexibility and convenience to the users thereby propelling the market through 2026. Furthermore, increasing investments and new product launches by the major vendors operating in the market is further expected to create lucrative opportunities for the market growth over the next few years. However, high cost of installation and maintenance can hamper the market growth through 2026. Besides, technical glitches lead to operational failure thereby impeding the market growth.The Global Telepresence Robots Market is segmented based on component, type, application, company and region. Based on type, the market can be bifurcated into stationary and mobile. The mobile segment is expected to grow significantly during the forecast period on account of their widespread application in the various sectors such as defense & security, surveillance, among others. Based on application, the market can be fragmented into education, healthcare, enterprise, homecare and others. The healthcare segment is expected to dominate the market during the forecast period. This can be ascribed to the growing geriatric population suffering from various chronic and infectious diseases but who wishes to live independently. These telepresence robots help in remote monitoring of such patients, provide them regular medicine reminders, helps them connect to doctors & nurses as per the requirement, among others.Regionally, the Global Telepresence Robots Market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the overall telepresence robots market owing to the early adoption of technologies in the region. Additionally, the presence of major players in the region is further propelling the market growth.The major players operating in the Global Telepresence Robots Market are Double Robotics, Inbot Technology, Suitable Technologies, Mantaro Networks, VGo Communications, InTouch Technologies, Qihan Technology, Amy Robotics, Anybots, SuperDroid Robots and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.Key Target Audience: Telepresence robots manufacturers/suppliers/distributors Market research and consulting firms Government bodies such as regulating authorities and policy makers Organizations, forums and alliances related to telepresence robots Years considered for this report: Historical Years: 2016-2019 Base Year: 2020 Estimated Year: 2021 Forecast Period: 2022-2027 Key Topics Covered: 1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Telepresence Robots Market4. Executive Summary5. Voice of Customer6. Global Telepresence Robots Market Outlook6.1. Market Size & Forecast6.1.1. By Value6.2. Market Share & Forecast6.2.1. By Component (Head v/s Body)6.2.1.1. By Head (Camera, Display, Speaker, Microphone)6.2.1.2. By Body (Power Source, Sensors & Control System, Others)6.2.2. By Type (Stationary v/s Mobile)6.2.3. By Application (Education, Healthcare, Enterprise, Homecare, Others)6.2.4. By Company (2020)6.2.5. By Region6.3. Product Market Map7. Asia-Pacific Telepresence Robots Market Outlook7.1. Market Size & Forecast 7.1.1. By Value7.2. Market Share & Forecast7.2.1. By Component7.2.2. By Type7.2.3. By Application7.2.4. By Country7.3. Asia-Pacific: Country Analysis7.3.1. China Telepresence Robots Market Outlook7.3.2. India Telepresence Robots Market Outlook7.3.3. Australia Telepresence Robots Market Outlook7.3.4. Japan Telepresence Robots Market Outlook7.3.5. South Korea Telepresence Robots Market Outlook8. Europe Telepresence Robots Market Outlook8.1. Market Size & Forecast 8.1.1. By Value8.2. Market Share & Forecast8.2.1. By Component8.2.2. By Type8.2.3. By Application8.2.4. By Country8.3. Europe: Country Analysis8.3.1. France Telepresence Robots Market Outlook8.3.2. Germany Telepresence Robots Market Outlook8.3.3. United Kingdom Telepresence Robots Market Outlook8.3.4. Italy Telepresence Robots Market Outlook8.3.5. Spain Telepresence Robots Market Outlook9. North America Telepresence Robots Market Outlook9.1. Market Size & Forecast 9.1.1. By Value9.2. Market Share & Forecast9.2.1. By Component9.2.2. By Type9.2.3. By Application9.2.4. By Country9.3. North America: Country Analysis9.3.1. United States Telepresence Robots Market Outlook9.3.2. Mexico Telepresence Robots Market Outlook9.3.3. Canada Telepresence Robots Market Outlook10. South America Telepresence Robots Market Outlook10.1. Market Size & Forecast 10.1.1. By Value10.2. Market Share & Forecast10.2.1. By Component10.2.2. By Type10.2.3. By Application10.2.4. By Country10.3. South America: Country Analysis10.3.1. Brazil Telepresence Robots Market Outlook10.3.2. Argentina Telepresence Robots Market Outlook10.3.3. Colombia Telepresence Robots Market Outlook11. Middle East and Africa Telepresence Robots Market Outlook11.1. Market Size & Forecast 11.1.1. By Value11.2. Market Share & Forecast11.2.1. By Component11.2.2. By Type11.2.3. By Application11.2.4. By Country11.3. MEA: Country Analysis11.3.1. South Africa Telepresence Robots Market Outlook11.3.2. Saudi Arabia Telepresence Robots Market Outlook11.3.3. UAE Telepresence Robots Market Outlook11.3.4. Kuwait Telepresence Robots Market Outlook12. Market Dynamics12.1. Drivers12.2. Challenges13. Market Trends & Developments14. Competitive Landscape14.1. Double Robotics, Inc.14.2. Inbot Technology, Ltd.14.3. Suitable Technologies, Inc.14.4. Mantaro Networks Inc.14.5. VGo Communications, Inc.14.6. InTouch Technologies, Inc.14.7. Qihan Technology Co. Ltd.14.8. Amy Robotics Co. Ltd.14.9. Anybots Inc.14.10. SuperDroid Robots Inc.15. Strategic RecommendationsFor more information about this report visit https://www.researchandmarkets.com/r/rvumdi Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com

Answer: Global Telepresence Robots Markets Report 2021 - Major Companies are Developing Advanced Technologies and Launching New Services in Order to Stay Competitive