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

Report Code: PMI12019 | Publish Date: April 2024 | No. of Pages: 180

Global Healthcare Automation Market By Overview

Introduction:

Growing ageing population across the world and need of more efficient healthcare systems has resulted in the growing inclination towards healthcare automation. The growing ageing population means that there will be increased number of people across the globe, who will need medical assistance. Thus the healthcare system should be enhanced and improved to cater this growing need. On the other side of the story, it is evident that internet and IT automation has disrupted most almost of the sectors by providing enhanced operational efficiency and increased convenience. Same is the case with healthcare sector where medical and pharmaceutical sub-sectors have been increasingly seen under the influence of IT automation, which has reduced various challenges faced by the industry. 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%.

Introduction - Healthcare Automation Market

 Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Healthcare Automation Market By Dynamics

Rising technological advancement

Some of the major benefits of healthcare automation are operational efficiency, productivity, reduced cost, and better management. The advent of healthcare automation has impacted or boosted following applications: patient management, medical workflow, surgery management, logistics, diagnostic laboratories, technology assessment, health problem detection, daily living activities tracking, and others. Rising technological advancement in IT automation, 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

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.

Global Healthcare Automation Market By Segmentation

Healthcare automation market has been segmented on the basis of application, end use, and region. On the basis of application, the healthcare automation market has been segmented into: diagnostics & monitoring automation, therapeutic automation, lab & pharmacy automation, and logistics automation & training automation.

On the basis of end user, the healthcare automation market has been segmented into: hospital, diagnostic center, research institute, home care, and others.

Regional Insights:                                              

On the basis of region, the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to account major market share as compared to that of other regions, followed by Europe during the forecast year due to growing aging population and stringent regulations in this region are the major factors driving the growth of the healthcare automation in North America. The global healthcare automation is expected to show a significant growth over the forecast period owing to demand from developed markets. Developed markets such as Europe and North America are anticipated to emerge as major growth catalysts over the forecast period. GCC countries in the MEA region are expected to remain leader in faster adoption of healthcare automation as compared to other major countries in regions such as Asia Pacific and Latin America. With large population base, Asia Pacific offers significant growth opportunities to leading players in the market. China and India are anticipated to account for over half of the revenue generated in Asia Pacific healthcare automation market over the forecast period. China is anticipated to emerge significantly as a technology leader in the Asia Pacific healthcare automation market.                                             

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Product- IgG, IgA, IgM, IgE, and IgD

By Mode of delivery- Intravenous, And Subcutaneous

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Healthcare Automation Market report based on product, mode of delivery and region.

Healthcare Automation Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Healthcare Automation Market By Key Players

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.

Global Healthcare Automation Market By Key Issues Addressed

  • General Electric Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Siemens AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Swisslog Holding AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Koninklijke Philips N.V.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Medtronic Plc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Intutive Surgical, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Stryker Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Danaher Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Tecan Group Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview
  • Accuray Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies Overview

Global Healthcare Automation Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Application
    • Market Snippet, By End User
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Diagnostics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Monitoring Automation
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Therapeutic Automation
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Lab & Pharmacy Automation
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Logistics Automation & Training Automation
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By End User, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hospital
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Diagnostic Center
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Research Institute
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Home Care
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • General Electric Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Siemens AG,
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Swisslog Holding AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koninklijke Philips N.V
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Medtronic Plc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bristol-Myers Squibb
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Intutive Surgical, Inc
    •  Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Stryker Corporation.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Danaher Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Healthcare automation market has been segmented on the basis of application, end use, and region.

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.

High costs incurred to deploy automation and stringent policies and approvals by government may act as a factor restraining market growth.

Rising technological advancement in IT automation, 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.

North America is expected to account major market share as compared to that of other regions.