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 Market Trends

Increasing progress in technology

Healthcare automation offers several advantages, including increased productivity, lower costs, improved management, and operational efficiency. Applications such as patient management, medical workflow, surgery management, logistics, diagnostic laboratories, technology assessment, health problem detection, tracking daily activities, and others have been affected or enhanced by the introduction of healthcare automation. The government's efforts to efficiently meet the nation's expanding healthcare needs, the rapid advancement of technology in IT automation, and the sizeable investments made by VCs and tech companies to support automated medical and pharmaceutical services are some of the major factors driving the growth of the healthcare automation market.

Growing labor costs

In developed economies, the lack of skilled labor and the rising labor cost are additional factors driving the need for automation in the healthcare system. However, the costs of implementing automation and strict government regulations and approvals could also be factors impeding market expansion.