New York, NY, May 20, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Healthcare Automation Market by Application (Diagnostics and Monitoring Automation, Pharmacy and Laboratory Automation, Therapeutic Automation, and Medical Logistics & Training Automation) and by End-User (Hospitals & Diagnostic Centers, Research Laboratories & Institutes, Pharmacies, Ambulatory Care Settings, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026”. According to the report, the global healthcare automation market was approximately USD 33,334 million in 2018 and is expected to generate around USD 63,596 million by 2026, at a CAGR of around 8.41% between 2019 and 2026.

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 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.

Browse through 49 Tables & 19 Figures spread over 110 Pages and in-depth TOC on “Global Healthcare Automation Market Size 2018: By Type, Share, Applications, Trends, Segments, Analysis and Forecast to 2026”.

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The global healthcare automation market is fragmented based on application and end-user. 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 are 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.

Hospitals and diagnostic centers, research laboratories and institutes, pharmacies, ambulatory care settings, and others comprise the end-user segments of the global healthcare automation market. Research laboratories and institutes dominated the market in terms of revenue in 2018, owing to the high adoption rate of healthcare automation systems due to the high purchasing power of top research laboratories. Pharmacies are expected to show significant growth in the future.

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North America dominates the global healthcare automation market due to favorable government framework and high adoption of healthcare automation in therapeutic automation and diagnostics and monitoring automation applications. The U.S. is expected to dominate the North American market in the future, owing to high automation demand for clinical research activities.

Europe is the second largest regional healthcare automation market, which is expected to show significant growth in the years to come. This can be attributed to the increasing adoption of automation systems in the healthcare sector. Europe has its maximum focus on improving the healthcare sector’s quality and efficiency. Huge geriatric population coupled with the growing prevalence of chronic diseases like diabetes is consuming huge volumes of healthcare resources.

Browse the full “Healthcare Automation Market by Application (Diagnostics and Monitoring Automation, Pharmacy and Laboratory Automation, Therapeutic Automation, and Medical Logistics & Training Automation) and by End-User (Hospitals & Diagnostic Centers, Research Laboratories & Institutes, Pharmacies, Ambulatory Care Settings, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026” Report at https://www.zionmarketresearch.com/report/healthcare-automation-market

The Asia Pacific and Latin American markets for healthcare automation are projected to register the highest CAGR over the forecast time period. This regional growth will be prominent in Brazil, China, and India, among other emerging countries in these regions. This can be attributed to the high market penetration of healthcare automation. High unmet medical needs and increasing prevalence of chronic diseases are propelling the demand for healthcare automation systems, as they provide the early detection and treatment of diseases. Moreover, the management of large patient pools in these regions will also fuel the market growth over the estimated time period.

The Middle Eastern and African healthcare automation market is likely to show the least regional growth, due to lack of reimbursement policies.

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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, and Medtronic.

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This report segments the global healthcare automation market into:

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

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