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Analyzing the Growth Rate of the Healthcare Automation Market: What’s the Expected CAGR for the Next Decade?

The market size for healthcare automation has seen substantial expansion lately. A surge from $72.59 billion in 2024 to $80.38 billion in 2025 is projected, attaining a compound annual growth rate (CAGR) of 10.7%. Factors contributing to the historic period’s growth include regulatory compliance, patient safety, broader adoption of electronic health records (ehr), operational efficiency, and integration of medical devices.

In the coming years, the healthcare automation market is projected to experience substantial expansion, with the size estimated to reach $129.37 billion in 2029, reflecting a compound annual growth rate (CAGR) of 12.6%. The anticipated growth during the forecast period can be attributed to factors such as population health management, medication management, precision medicine, pandemic preparedness, and an increasing aging population. Key trends projected to emerge during the forecast period are the use of robotics in healthcare, application of artificial intelligence (AI) in diagnostics, utilization of blockchain for health data security, deployment of internet of things (IoT) in healthcare, and advancements towards smart hospitals.

Which Primary Drivers Are Supporting the Continued Expansion of the healthcare automation Market?

The expansion of the healthcare automation market is being fueled by a rise in the embracement of automation. Embracement of automation involves the implementation of advanced technology solutions in healthcare environments. In order to boost operational efficiency and streamline tasks, healthcare environments are incorporating healthcare automation. For example, Koninklijke Philips N.V., a conglomerate corporation based in the Netherlands, issued the Future Health Index 2023 Australian report in July 2023 – the biggest worldwide healthcare survey. This revealed that approximately half (47%) of healthcare decision-makers are using automation to enrich patient processes like automatic appointment scheduling, while 43% are applying it to improve internal processes such as automating administrative chores and enhancing workflows. As a result, the increased adoption of automation is projected to boost the growth of the healthcare automation market in the forthcoming years.

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Who Are the Major Companies Shaping the Competitive Landscape of the Healthcare Automation Market?

Major companies operating in the healthcare automation market include:

• 3M Company_x000D_

• Accuray Inc._x000D_

• Aetna Inc._x000D_

• Allscripts Healthcare Solutions_x000D_

• Becton Co._x000D_

What Are the Key Emerging Trends in the Healthcare Automation Market for the Next Decade?

The increasing utilization of artificial intelligence (AI) in healthcare automation is a major trend that is rapidly gaining traction. Key players in the healthcare automation industry are focused on incorporating AI into healthcare to assist healthcare providers in patient care and administrative tasks. For example, in August 2023, US-based healthcare data platform Innovaccer Inc. introduced their AI Automation Suite, Sara for Healthcare. This advanced AI toolset is designed to facilitate population health management, customer relationship management, value-based care, self-serve analytics, and care management and coordination, harnessing the power of AI. It does this while upholding the safety, accuracy, security, compliance, and scalability that are specific to the corners of healthcare IT.

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What Are the Key Components of the Healthcare Automation Market, and How Do Its Segments Perform?

The healthcare automation market covered in this report is segmented –

1) By Component: Equipment, Software, Services

2) By Application: Therapeutic Automation, Lab And Pharmacy Automation, Logistics And Training Automation, Diagnostics And Monitoring Automation, Other Applications

3) By End-User: Pharmacies, Research Institutes And Labs, Home Care, Other End-Users

Subsegments:

1) By Equipment: Automated Laboratory Equipment, Pharmacy Automation Systems, Surgical Robots, Point-Of-Care Testing Devices

2) By Software: Laboratory Information Management Systems (LIMS), Electronic Health Records (EHR) Systems, Workflow Management Software, Clinical Decision Support Systems (CDSS)

3) By Services: Consulting Services, Integration Services, Maintenance And Support Services, Training Services

Which Regions Are Making a Mark in the Healthcare Automation Market Growth?

North America was the largest region in the healthcare automation market in 2024. The regions covered in the healthcare automation market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What Does the Definition of the Healthcare Automation Market Include?

Healthcare automation refers to the use of various modern tools and software that enhance efficiency in the delivery of medical services that help to monitor the safety, security, and health status of the patient.

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