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Medical Automation Market Insights: Top Vendors, Outlook, Drivers & Forecast To 2032

Medical Automation Market Insights: Top Vendors, Outlook, Drivers & Forecast To 2032

 

 
The global medical automation market is witnessing rapid growth, driven by advancements in technology and increasing demand for more efficient healthcare solutions. According to recent market analysis, the market size, which was valued at USD 27.19 billion in 2022, is expected to register a compound annual growth rate (CAGR) of 9.7% during the forecast period.

Key Growth Drivers

One of the primary drivers of growth in the medical automation market is the rising prevalence of chronic diseases such as cardiovascular issues and cancer. The growing need for more advanced diagnostic and therapeutic solutions has led to an increasing demand for automated systems in healthcare settings. Clinical trials, particularly in developing regions, are also on the rise, further pushing the need for automated processes.

Another significant factor contributing to the market's expansion is the substantial global investment in healthcare infrastructure. Governments and private organizations are building more hospitals, research labs, and advanced treatment facilities, which rely heavily on automation. For instance, in 2021, companies such as Ortho Development and Corin Group made strides in medical automation with new FDA-approved tools and upgraded digital systems for surgical procedures.

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Improving Patient Care with Automation

Healthcare professionals are increasingly adopting automated solutions to manage patient data and optimize treatments. Automation not only enhances the efficiency of diagnostic tests but also ensures greater accuracy, reducing errors and improving patient outcomes. The use of robots in surgeries is becoming more common, as Robot-Assisted Surgery (RAS) allows for more precise procedures. This trend is likely to continue, especially with the aging population and rising demand for minimally invasive surgeries.

The need for these procedures is evidenced by data from the European Commission, which reported that over 1 million caesarean sections were performed in the European Union in 2021. This growing reliance on automated tools in surgical settings is expected to fuel market growth in the coming years.

Challenges Facing the Market

Despite its promising outlook, the medical automation market faces some challenges. The high cost of installing automated systems and the shortage of skilled professionals to operate these advanced tools are major obstacles to widespread adoption. While automation can revolutionize healthcare, not all institutions, particularly in underdeveloped regions, can afford the initial costs. The lack of adequately trained staff also limits the full potential of automation in many healthcare settings.

Market Insights by Application

The medical automation market is divided into several segments based on application, including imaging, therapeutic solutions, laboratories, pharmacies, and medical software. Among these, the therapeutic segment led the market in 2022, thanks to automation's ability to transform patient care by improving treatment accuracy and supporting innovative therapies such as precision medicine. Automated therapeutic tools are also enhancing rehabilitation and chronic disease management.

The imaging segment is expected to see significant growth as well. Automated imaging tools, powered by Artificial Intelligence (AI), are now being used to identify and monitor conditions like cardiac issues and neurological disorders. These technologies streamline diagnosis, improve the efficiency of medical imaging, and aid in long-term care planning for conditions such as Amyotrophic Lateral Sclerosis (ALS).

Market Insights by Type

In terms of technology type, the ultrasound segment is projected to dominate the market during the forecast period. Automated ultrasound systems, which utilize AI and advanced algorithms, are helping to enhance image quality and enable faster, more accurate diagnostics. These systems are particularly useful in detecting cardiovascular problems, monitoring fetal development during pregnancy, and diagnosing organ anomalies.

End-Use Insights

Among the key end users, hospitals and diagnostic centers are expected to see the fastest growth. Automation is transforming the way hospitals and clinics operate, from streamlining data management through electronic health records to improving diagnostic accuracy with advanced imaging systems. Automated processes in hospitals also reduce human errors, making diagnoses quicker and more reliable. Beyond traditional settings, telemedicine and remote consultations are becoming increasingly popular, further driving the adoption of automation in healthcare.

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Medical Automation Top Companies and Competitive Landscape

The global medical automation market is fairly fragmented with many large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective medical automation solutions.

Some major players included in the global medical automation market report are:

Zimmer Biomet
Danaher Corporation
Koninklijke Philips N.V.
Stryker Corporation
Intuitive Surgical, Inc.
GE Healthcare
Swisslog Holding AG
Medtronic Plc.
Tecan Group Ltd.
Accuray, Inc.

Medical Automation Latest Industry Updates

On 6 November, 2023, Shadowbox, a prominent figure in healthcare automation solutions, unveiled its pioneering healthcare workflow automation platform specifically designed for imaging centers. This cutting-edge platform redefines the process of order entry and outpatient clinic result management, resulting in cost reduction alongside heightened efficiency, precision, and improved patient care standards.

In 2022, Becton, Dickinson, and Company (BD), a medical technology company announced the acquisition of Parata Systems for USD 1.5 billion. Arata Systems offers workflow and conformance packaging tools, high-speed robotic dispensers, inventory management software, and others.
Medical Automation Market Segmentation Analysis

For the purpose of this report, Emergen Research has segmented the global medical automation market on the basis of component, application, type, end-use, and region:

Component Outlook (Revenue, USD Billion; 2019-2032)

Equipment
Capital equipment
Consumables
Software
Services

Application Outlook (Revenue, USD Billion; 2019-2032)

Imaging
Therapeutic
Laboratory and pharmacy
Informatics
Medical software
Others

Type Outlook (Revenue, USD Billion; 2019-2032)

Computed Tomography (CT)
Ultrasound
Magnetic Resonance Imaging (MRI)
C-arm system
Automated imaging
Sample preparation
Others

End-Use Outlook (Revenue, USD Billion; 2019-2032)

Hospitals & diagnostic centers
Research laboratories & institutes
Pharmacies
Others

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Regional Outlook (Revenue, USD Billion; 2019-2032)

North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Benelux
Russia
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
ASEAN Countries
Oceania
Rest of APAC
Latin America
Brazil
Mexico
Rest of LATAM
Middle East & Africa
GCC Countries
Israel
Turkey
South Africa
Rest of Middle East & Africa

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Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
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E-mail: sales@emergenresearch.com
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About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.


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