management of chronic illness, and to enable healthcare professionals to anticipate prognosis. It controls the diagnostic, monitoring, and therapeutic machineries that serve the main responsive tasks into the hospitals. It also increases the predictability of outcome when patients follow a standardized care path supported by automation.

The market is expected at CAGR of 9.5% from 2019 to 2028. Continuous technological advancements in automation solutions, increasing government support for medical automation, rising labor costs, and growing need for reproducibility and accuracy are key factors fuelling the expansion of the medical automation market. Increasing demand for automation in laboratories and pharmacies and high potential for early detection and treatment of diseases thanks to automation are other prime factors offering growth opportunities for players in the medical automation market. However, high cost of automation is one among the key restraints for this market.

Top Driver: Robotic radiosurgery systems and automatic material handling systems utilized in the hospitals are the factors expected to drive the market growth.

The growth over the forecast period is attributed to the growing demand for accuracy and reproducibility during medical procedures offered by Cyber Knife series and therefore the automated defibrillators for the treatment of cancer. Also, the rising automation in laboratories and pharmacies provide benefits like cost savings, miniaturization of errors in huge sampling, speed, and reliability, which is predicted to exert a positive impact on the longer term demands for medical automation over the forecast period.

Likewise, technological advancements like robotic radiosurgery systems and automatic material handling systems utilized in the hospitals are the aspects expected to drive the market growth. Increasing demand for automation in laboratories and pharmacies and high potential for early detection and treatment of diseases thanks to automation are other prime factors offering growth opportunities for players within the medical automation market. However, high cost of automation is one among the key restraints for this market.

Surgical Automation Market to Make Crucial Contribution to Growth of Medical automation technology Market

As per the Therapeutic automation held the most important share of over 35.0% of the appliance segment in 2019. This dominance is attributed to the increasing usage of automated devices, such as orthopedic navigation systems, portable imaging devices, automated microscopes, surgical robots, defibrillators, and therapeutic dispensing systems.

The increasing demand for minimally invasive surgeries is further increasing the uptake of robotic surgery systems, which is predicted to spice up the general medical automation market within the near future. The benefits offered by these systems include improved patient safety, increased efficiency of the procedures, and they serve as standard emergency care; these advantages are estimated to influence the penetration of automated systems in the near future.

As per the end user Hospitals & diagnostic centers dominated the end-use segment in 2019 with a market share of over 26.0% due to the rising adoption of automated devices in diagnostics, treatment, and in laboratories & pharmacies. Automation in the hospitals and pharmacy segment, especially in tier 2 and tier 3 cities of the emerging economies of Asia Pacific, such as India, is spearheading the growth of this industry. For instance, in India, hospitals such as Apollo and Fortis are striving to provide automated healthcare services that are operational in tier 2 and tier 3 cities.

Furthermore, the presence of state agencies like the National Patient Safety Agency to enhance the incorporation of medical automation in hospital settings is anticipated to account for the increasing adoption of automation in healthcare services in the coming years.

Asia-Pacific countries dominate the Global Medical automation technology Market

Asia-Pacific countries, including India and China, offer high growth potential for companies engaged within the development and marketing of automated solutions for the healthcare industry. Growing geriatric population; increasing cases of disorder (CVD), diabetes, cancer, and orthopedic diseases; rising clinical research; and growing government expenditure on healthcare and bioscience research are the key factors propelling the expansion of the medical automation market within the emerging countries.

North America held a considerable revenue share of the general medical automation market in 2015 at over43.0%. This can be attributed to the rising government healthcare expenditure within the life sciences & healthcare sectors alongside the continued clinical research activities during this region. North America is followed by Europe in capturing an outsized market share due to the rising geriatric population base susceptible to chronic diseases during this region thereby pushing the demand for point-of-care (PoC) testing.

Players to Focus on Medical automation technology Market

The major players covered within the medical automation market report are

• Koninklijke Philips N.V.,
• Siemens Healthcare Private Limited,
• GENERAL power company ,
• Medtronic,
• Tecan Trading AG,
• Intuitive Surgical.
• Stryker,
• Danaher,
• Swisslog Holding AG,
• Parata Systems,

Tecan 2014, Tecan Group Ltd. (Switzerland) held the leadership position within the laboratory automation market. The corporate focuses on new product launches and merchandise enhancements as its key strategy to sustain its leading position within the medical automation market.

In November 2015, Tecan completed the acquisition of Sias AG with an aim to expand its partnering business in providing complete lab mechanization solutions.

Accuray, Inc. in May 2016, Accuray, Inc., entered into a collaborative agreement with medPhoton GmbH in an effort to strengthen its distribution and sales network.

Scope of the Report

By Global Therapeutic Automation

• Non-surgical Automation Market
• Surgical Automation Market

By Global Pharmacy and Laboratory Automation Market

• Laboratory Automation Market
• Pharmacy Automation Market

By Global Medical Automation Market, by End User

• Hospitals & Diagnostic Centers
• Research Laboratories & Institutes
• Pharmacies
• Home/Ambulatory Care Settings & Others

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report 

1. It provides a technological development map over time to understand the growth rate of the industry.

2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.

3. It renders definite analysis for changing competitive dynamics.

4. It builds a seven-year estimate based on how the market is predicted to grow.