Healthcare Automation Market is estimated to be US$ 35.01 Billion in 2030 at a CAGR 4.3% during the forecast period

Published Date: April 2024

Healthcare automation means implementation of advanced IT technologies to various processes, devices, and other applications in healthcare system. The transformation of healthcare system to automation tends to offer various benefits such as increased productivity, increased operational efficiency, reduced cost, and better management of processes as well as information. According to leading global watch dogs, ageing population is expected to emerge as major demographic change over the span of next decades. This means increased number of people requiring medical assistance, healthcare automationin turn is expected to solve this issue in a better way. The advent of healthcare automation has impacted or boosted following applications patient management, medical workflow, surgery management, logistics, diagnostic laboratories, technology assessment, health problemdetection, daily living activities tracking, and others.Healthcare Automation Market accounted for US$ 54.05 billion in 2020 and is estimated to be US$ 97.30 billion by 2030 and is anticipated to register a CAGR of 6.1%.

The report "Healthcare Automation Market, By Application (Diagnostics & Monitoring Automation, Therapeutic Automation, Lab & Pharmacy Automation, and Logistics Automation & Training Automation), By End User (Hospital, Diagnostic Center, Research Institute, Home Care, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Trends, Analysis and Forecast till 2030

Key Highlights:

  • In 2021 Digital Intelligence Systems, LLC (DISYS), a global technology services firm, launch of its enhanced Healthcare automation solution, D4HA (DISYS for Healthcare Automation), in collaboration with leading cloud-based Robotic Process Automation (RPA) Platform provider, Automation Anywhere.

Analyst View:

Rising technological advancement in IT automation sector is expected to be a key driving force in the adoption of automation technology in healthcare sector. Significant investments by VC and tech companies to promote automated medical & pharmaceutical services and government efforts to fulfill growing healthcare needs in an efficient way are some of the key major factors influencing growth of the healthcare automation market. Rising cost of labor and unavailability of skilled workforce in developed economies also acts as a factor demanding automation of healthcare system. However, high costs incurred to deploy automation and stringent policies and approvals by government may act as a factor restraining market growth.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Healthcare Automation Market, By Application (Diagnostics & Monitoring Automation, Therapeutic Automation, Lab & Pharmacy Automation, and Logistics Automation & Training Automation), By End User (Hospital, Diagnostic Center, Research Institute, Home Care, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Trends, Analysis and Forecast till 2030”

Key Market Insights from the report:

Healthcare Automation Market accounted for US$ 54.05 billion in 2020 and is estimated to be US$ 97.30 billion by 2030 and is anticipated to register a CAGR of 6.1%. The global healthcare automation market has been segmented on the basis of application, end use, and region.

  • By Application, the market is segmented into Diagnostics & Monitoring Automation, Therapeutic Automation, Lab & Pharmacy Automation, and Logistics Automation & Training Automation.
  • By End-User, the market is segmented into Hospital, Diagnostic Center, Research Institute, Home Care, and Others.
  • By Region, the Healthcare Automation Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape:

The Key players operating in the healthcare automation market includes: General Electric Company, Siemens AG, Swisslog Holding AG, Koninklijke Philips N.V., Medtronic Plc, Intutive Surgical, Inc., Stryker Corporation, Danaher Corporation, Tecan Group Ltd., and AccurayInc.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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