Global Healthcare Automation Market
HealthcareServices

Healthcare Automation Industry Insights: Market Forecast to 2029

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How Much Larger Is The Healthcare Automation Market Expected To Become By 2029 Compared With Its 2025 Level?

The healthcare automation market size has shown significant growth in recent years. It is projected to expand from $72.59 billion in 2024 to $80.15 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 10.4%. Historically, this growth can be attributed to factors such as regulatory compliance, patient safety, increased EHR adoption, operational efficiency, and medical device integration.

The healthcare automation market is anticipated to experience substantial growth over the next few years. Its valuation is projected to reach $128.32 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 12.5%. This expansion 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. Notable trends expected in this period include the integration of robotics in healthcare, the utilization of artificial intelligence (AI) in diagnostics, the application of blockchain for health data security, the internet of things (IoT) for healthcare, and the development of smart hospitals.

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Which Major Market Drivers Are Shaping The Future Of The Healthcare Automation Market?

The expanding integration of automation is significantly contributing to the growth of the healthcare automation market. This involves healthcare facilities implementing advanced solutions to enhance operational efficiency and streamline various activities. For instance, in July 2023, Koninklijke Philips N.V, a Netherlands-based multinational conglomerate corporation, published the Future Health Index 2023 Australian report, the largest global survey for healthcare. This report revealed that nearly half (47%) of healthcare leaders are leveraging automation to improve patient processes, such as automating appointment bookings, while 43% are utilizing it to optimize internal processes, including automating administrative tasks and refining workflows. Therefore, the increased adoption of automation is anticipated to propel healthcare automation market growth over the coming years.

How Is The Healthcare Automation Market Segmented?

The healthcare automationmarket 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

What Trends Are Expected To Drive The Healthcare Automation Market?

The integration of artificial intelligence (AI) has surfaced as the dominant trend experiencing considerable traction within the healthcare automation market. Key participants in the healthcare automation industry are focusing their efforts on deploying AI in healthcare to assist healthcare providers with various aspects of patient care and administrative tasks. For example, Innovaccer Inc., a US-based healthcare data platform company, unveiled Sara for Healthcare, its AI Automation Suite, in August 2023. This groundbreaking suite of AI solutions is set to empower population health management, customer relationship management, value-based care, self-serve analytics, and care management and coordination, all by utilizing AI’s potential while ensuring the safety, accuracy, security, compliance, and scalability vital for healthcare information technology (IT).

Who Are The Key Multinational Companies Dominating The Healthcare Automation Market?

Major companies operating in the healthcare automation market include 3M Company, Accuray Inc., Aetna Inc., Allscripts Healthcare Solutions, Becton Co., Cerner Corporation, Danaher Corporation, Dickinson and Company, General Electric Company, International Business Machines Corporation, Intuitive Surgical Inc., Koninklijke Philips N.V., McKesson Corporation, MedeAnalytics, Medtronic plc, OptumHealth, Oracle Corporation, Stryker Corporation, Swisslog Holding AG, Tecan Group Ltd., Truven Health Analytics Pvt. Ltd., UnitedHealth Group Incorporated, Verisk Analytics Inc., Abbott Laboratories, Agilent Technologies, Athenahealth, Capsule Technologies Inc., Change Healthcare Co., Elekta, Epic Systems Corporation, Hologic Co., IBM Watson Health

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Which Global Regions Are Influencing The Competitive Landscape Of The Healthcare Automation Market?

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.

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