Healthcare Automation Market to Grow at an 8.4% CAGR from 2021 to 2028 | Transparency Market Research, Inc.

Healthcare Automation Market: Introduction

According to the report, the global healthcare automation market was valued at US$ 36.9 Bn in 2020 and is projected to expand at a CAGR of 8.4% from 2021 to 2028. Automation is expected to aid the healthcare industry to reduce the cost incurred by healthcare providers. Healthcare automation offers high-tech solutions in the field of transport, material handling, and hospital pharmacy automation.

Implementation of automation in healthcare is likely to increase healthcare facilities, enhance efficiency, and boost healthcare delivery quality. Demand for wearable technology is increasing rapidly and is a key trend in the global healthcare automation market.

Get Sample Copy of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23888

Wearable technology is used to collect real-time data, continuous monitoring, empowering patients, and predicting & alerting patients about their health. Moreover, wearable technology helps in tracking surgical recovery, and presents detailed information to doctors and better understand patients’ recovery time.

Increase in Government Support: Key Driver

Government support is anticipated to fuel the growth of the global healthcare automation market during the forecast period. Usage of smart technology in the healthcare automation market propels the demand for healthcare automation. Currently, governments support implementation of automation in healthcare by providing funds and investments. For instance, government bodies in Europe, such as Medicines and Healthcare Products Regulatory Agency, are endorsing automated systems for pharmacies.

Get Custom Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=23888

Government authorities invest in research & development, thereby assisting innovation in the healthcare automation market. Rise in health issues is a major concern globally. Hence, newer types of automation technologies have to be implemented in the healthcare automation market to overcome such issues.

Research Institutes & Labs Segment to Dominate Healthcare Automation Market

In terms of end-user, the global healthcare automation market has been classified into pharmacies, research institutes & labs, home care, and others. The research institutes & labs segment is likely to account for the largest share of the global market in terms of revenue during the forecast period. Increase in demand for automation is a major factor driving the segment.

Get Report Methodology @ https://www.transparencymarketresearch.com/sample/sample.php?flag=RRM&rep_id=23888

Therapeutic Automation Segment to Dominate Global Market

In terms of application, the global market has been classified into therapeutic automation, lab & pharmacy automation, logistics & training automation, and diagnostics & monitoring automation. The therapeutic automation segment held the largest share of the global healthcare automation market in 2020. Therapeutic automation is the computerized therapy system that is completely automated.

This automation technology embraces devices and instruments that provide therapy to patient such as regulating physiological process. Need of accuracy and rise in cost of labor are the major factors expected to propel the segment during the forecast period.

Immediate Delivery Available | Buy this Premium Research Report – https://www.transparencymarketresearch.com/checkout.php?rep_id=23888&ltype=S

North America to Dominate Healthcare Automation Market

The global healthcare automation market has been segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the largest share of the global market in 2020, followed by Europe and Asia Pacific. Increase in clinical research activities is a major factor propelling the demand for healthcare automation in North America. The market in Europe is driven by rise in chronic diseases.

Major Players

Key players operating in the global healthcare automation market include Siemens AG, General Electric Company, Swisslog Holding AG, Koninklijke Philips N.V., Medtronic plc, Intuitive Surgical, Inc., Stryker Corporation, Danaher Corporation, Accuray, Inc., and Tecan Group Ltd.

Related Reports –

Medical Equipment Rental Market: Increased demand for home healthcare solutions, observed during COVID-19 pandemic, to minimize hospital stay, stimulated growth of the market

U.S. Refurbished Dental Chairs, Lights & Delivery Systems and Maintenance Market: The U.S. refurbished dental chairs, lights & delivery systems and maintenance market is projected to expand at a CAGR of 7.8% during 2022-2031

Portable Oxygen Concentrators Market: The global market is expected to expand at a CAGR of 10.6% during the forecast period, between 2022 and 2031.

Meningococcal Vaccines Market: Growing awareness of the fact that meningococcal disease has been a leading cause of morbidity and mortality worldwide has fueled R&D in meningococcal vaccines.

About Us

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Tags: Healthcare Automation Market Overview, Healthcare Automation Market Outlook, Healthcare Automation Market, Healthcare Automation Market Growth, Healthcare Automation Market Demand