Healthcare Automation Market Size, Share, And Growth Report 2032

Healthcare Automation Market Size

The global Healthcare Automation market size was worth around USD 38.60 billion in 2023 and is predicted to grow to around USD 79.12 billion by 2032 with a compound annual growth rate (CAGR) of roughly 8.3% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Healthcare Automation market on a global and regional level.

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Healthcare Automation Market: Overview

Automation is the use of information technologies and control systems to decrease the requirement for individual work for the production of goods and services. The healthcare industry is in a surge to constantly improve its efficiency and throughput by reducing costs and waste has zeroed on the automation of labor-intensive tasks. This can be a significant part of performance enhancement strategy.

The adoption of automation in the healthcare sector is increasing to enhance hospital administration, optimize accessible operations, and maximize the performance of caregivers. Automation is generally used to maintain patient records, finance, billing, collections, hospital operations and administration, facilities management, HR management and certifications, etc. Automation in the healthcare vertical provides ease of diagnostics and a better possibility for the early detection of diseases and treatment. This is fuelling the healthcare automation market. Moreover, the high demand for automation in laboratories and pharmacies to reduce manual work and erroneous work are also propelling the global healthcare automation market. The adoption of healthcare automation technologies and services directly focus on eliminating productivity barriers. The rising technological advancements are also driving the healthcare automation market globally.

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Healthcare Automation Market: Segmentation

The study provides a decisive view of the healthcare automation market by segmenting the market based on application, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on application, the market includes diagnostics and monitoring automation, pharmacy and laboratory automation, therapeutic automation, and medical logistics and training automation. The diagnostics and monitoring automation segment is sub-segmented into automated image analysis, automated imaging, and point-of-care testing. The pharmacy and laboratory automation segment is further bifurcated into laboratory automation and pharmacy automation. The therapeutic automation segment further includes non-surgical automation and surgical automation. The medical logistics and training segment comprises logistics automation and trainers. The therapeutic automation segment is expected to contribute the largest share in the global healthcare automation market in the years ahead.

By end-user, the market includes hospitals and diagnostic centers, research laboratories and institutes, pharmacies, ambulatory care settings, and others. Research laboratories and institutes contributed the largest share to the global healthcare automation market in 2023, owing to high adoption and implementation of automation for increased precision work.

Healthcare Automation Market: Report Scope

Healthcare Automation Market: Regional Analysis

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further classification into major countries including the U.S., Rest of North America, U.K., Germany, France, Italy, Spain, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, Brazil, Rest of Latin America, GCC Countries, South Africa, and Rest of the Middle East and Africa. 

North America held a dominant share of the healthcare automation market globally in 2023 and is projected to continue with its regional supremacy over the forthcoming years as well. This regional growth can be attributed to the favorable government policies for healthcare automation and upcoming product lines by prominent market players. The Asia Pacific healthcare automation market is anticipated to grow significantly by the end of 2023, owing to the increased government support and advancements in the field of research development.

Healthcare Automation Market: Competitive Players

Some major players operating in the global healthcare automation market are:

• Siemens
• General Electric Company
• Tecan Group
• Swisslog Holding
• Stryker Corporation
• Koninklijke Philips
• Danaher Corporation
• Intuitive Surgical
• Medtronic

The Global Healthcare Automation Market is segmented as follows:

Global Healthcare Automation Market: Application Analysis

• Diagnostics and Monitoring Automation
  • Automated Imaging
  • Point-Of-Care Testing (POCT)
  • Automated Image Analysis
• Therapeutic Automation
  • Non-Surgical Automation
  • Surgical Automation
• Pharmacy and Laboratory Automation
  • Laboratory Automation
  • Pharmacy Automation
• Medical Logistics and Training Automation
  • Logistics Automation
  • Trainers

Global Healthcare Automation Market: End-User Analysis

• Hospitals and Diagnostic Centers
• Research Laboratories and Institutes
• Pharmacies
• Ambulatory Care Settings
• Others

Global Healthcare Automation Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa