Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 115

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 115
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 and equipment distribution. AGVs are engineered to seamlessly integrate into existing healthcare infrastructures, following preprogrammed routes without requiring extensive construction or modifications. This reduces operational disruptions and makes AGVs a compelling solution for healthcare providers aiming to optimize efficiency without impacting workflows. Operating continuously — without breaks or shifts — AGVs eliminate downtime and significantly reduce labor costs. This efficiency enables hospitals to achieve a strong return on investment (ROI) by lowering staffing needs for non -clinicaltasks, freeing resources for direct patient care. Aging population and health care labor shortage crisis: The healthcare sector is facing critical labor shortages, driven by an aging population and escalating healthcare demands. U.S. Census Bureau data indicate that approximately 55.8 million people are aged 65 and older, a population particularly susceptible to a wide range of health conditions. This demographic is projected to grow, with the Census Bureau estimating an increase from 40.3 million Americans aged 65 and older in 2010 to 77 million by 2034. [10]Compounding these challenges, the Bureau of Labor Statistics anticipates a shortfall of 195,400 nurses by 2031, with demand for home health and personal care aides expected to rise by 37% by 2028. Additionally, a 2019 report from the Association of American Medical Colleges forecasts a shortage of up to 124,000 physicians over the next 12 years, including a deficit of 17,800 to 48,000 primary care physicians, posing potential implications for patient access and care. [11] Automated Guided Vehicles (AGVs) offer a strategic solution to mitigate these labor constraints by relieving healthcare staff of non -clinical, time -intensivetasks, allowing them to focus on direct patient care. The deployment of AGVs in healthcare environments addresses operational gaps caused by workforce shortages, enhancing productivity and service delivery across healthcare facilities. Enhanced safety and infection control through contactless AGV operations in healthcare: The COVID -19pandemic has underscored the importance of contactless operations in healthcare facilities, driving demand for AGVs to ensure the safe and efficient delivery of essential materials without direct human contact, thereby reducing disease transmission risks. As healthcare providers prioritize hygiene and safety, demand for AGVs is anticipated to continue increasing. AGVs contribute to improved safety and infection control by minimizing human involvement in medical material transport, which reduces cross -contaminationand infection spread — particularly critical in post -COVID -19hospital environments. Additionally, AGVs help healthcare facilities prevent material handling errors and mitigate safety risks,