Medical Automation Market Size, Share & Trends Analysis Report By Application (Imaging Automation, Therapeutic Automation, Laboratory & Pharmacy Automation), By End Use, By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global medical automation market is valued at USD 44.44 billion in 2022 and is expected to exhibit a compound annual growth rate (CAGR) of 9.04% from 2023 to 2030. A few of the key factors driving the market are the adoption of automated instruments by drug discovery departments of pharmaceutical companies, the rise in need for miniaturization, and technological advancements coupled with the rise in demand for robot-assisted surgeries.

Additional contributing factors include increased government initiatives, an increase in clinical trials due to greater R&D outsourcing to emerging nations, and rising expenditures for infrastructure development. For instance, due to government initiatives that place a high priority on domestic innovation in nations like South Korea and China, there are now more domestic manufacturers in the surgical automation industry that specialize in robotic-assisted surgeries. Examples include Curexo in South Korea, which even serves as the local distributor for THINK Surgical's TSolution robotic system, and TINAVI Medical Technologies in China. Over the forecast period, an increase in local companies will be key to the market's growth.

Due to shutdown restrictions and disruptions in logistics management, the COVID-19 pandemic severely impacted the medical device market. However, due to the wide range of application usage, the medical automation market experienced little to no impact and saw a noticeable increase in demand. This is in support of the micro markets covered in the report, for instance, the market for laboratory and pharmacy automation, the market for medical software, informatics, and logistics, and, to a smaller extent, the market for therapeutic automation, which all showed evidence of benefit from the COVID-19 pandemic. For instance, even if the COVID-19 pandemic had a detrimental effect on robotic system sales, most players ended 2020 with strong demand for their products. For instance, over 100 robotic systems were put in by Stryker and Zimmer Biomet in the fourth quarter of 2020 for their MAKO and ROSA systems, respectively. This indicates that robotic-assisted surgeries are likely to be strong beyond 2020.

Moreover, the complexity of regulatory approvals varies by location and is dependent on the class to which a device's system belongs, which has a limited market impact. For instance, ensuring complicated compliance systems is a time-consuming operation that could delay the launch of products, ultimately making it challenging for manufacturers to introduce automated systems in the market.

Application Insights

Based on the application type, the market is fragmented into imaging automation, therapeutic automation, laboratory and pharmacy automation, medical software, informatics, and logistics automation markets. Therapeutic automation held the largest share of the market in 2022, accounting for more than 54% of total market revenue.

Imaging Automation Market

The market is supported by the growth of the intraoperative imaging segment, which made up more than 64% of the overall imaging automation market in 2022. This is due to the increase in the usage of less invasive treatments as well as technological advancements. For instance, Philips announced major updates to its Zenition mobile C-arm platform in June 2020.

Therapeutic Automation Market

The market is supported by the expansion of the surgical automation segment, which is growing at a compound annual growth rate of over 9%. This is a combination of both technical developments and an increase in the strategic initiatives taken by the companies. For instance, organizations' strategic initiatives, such as the BPCI, CJR, and advanced value-based reimbursement models, have given manufacturers the chance to offer supplementary goods and services that will successfully broaden the continuum of care.

Medical Software, Informatics, And Logistics Automation Market

The overall market is expanding at the compound annual growth rate of 9.04%, supported by the growth of the logistics automation segment over the forecast period. Furthermore, the rising need for automated material handling solutions across healthcare manufacturing sectors and rapid urbanization expansion is driving the market expansion.

End-Use Insights

The end-use segment is dominated by hospitals and diagnostic centers with over 51.0% share in 2022. The dominance is due to the rising usage of automated equipment in diagnostics, treatment, and laboratories.

The rise of this industry is being driven by automation in pharmacies and hospitals, particularly in tier 2 and tier 3 cities of the growing economies of Asia Pacific, including India. For example, institutions like Apollo and Fortis in India are working to offer computerized healthcare services that are functioning in tier 2 and tier 3 towns.

研究实验室和研究所段anticipated to grow at a positive compound annual growth rate of over 9%. This is attributed to the presence of government-assisted agencies and acceptance of the new products launched into the market.

Regional Insights

2022年北美主导该行业由于to high R&D investments, product launches, and government initiatives. Furthermore, the growth is attributed to the presence of a well-established healthcare infrastructure, which has increased the use of laboratory automation in the region. In addition, the supportive reimbursement framework and the local presence of major players in this region are also boosting the penetration of novel solutions in the market.

The Europe medical automation market is expected to expand at a CAGR of 9.30% in the forecast period of 2023 to 2030. The rising demand for technology-driven systems, the presence of major players, and the presence of well-established and developed healthcare infrastructure are expected to contribute to the region's market growth.

In addition, the presence of government agencies, such as the Medicines and Healthcare Products Regulatory Agency, is critical in certifying pharmacy automation systems and other devices with European standards, which is expected to give growth opportunities in the coming years for this regional market.

此外,expec亚太地区市场ted to exhibit the fastest compound annual growth rate (CAGR) over the forecast period owing to the developing healthcare sector, increasing cases of chronic diseases, and growing government and corporate investment in the healthcare sector, which are the major growth factors in this region.

Key Companies & Market Share Insights

The medical automation market is highly competitive in nature with a number of players having a vast presence. The industry is developing due to the growing demand for greater products, as required by the end consumers.

Companies are employing strategies such as new product launches, technological improvements, and collaborations for sustaining the competition, and better market penetration. For instance, in May 2021, Ortho Development reported that the FDA had approved the use of its BKS and BKS TriMax implants with THINK Surgical's TSolution One TKA application. On the other side, Corin Group announced upgrades to its cloud-based digital ecosystem in May 2021, including a sizable software update for CorinConnect.

The expanding number of participants, continuous product approvals, and effective distribution contracts can all be attributed to the escalating rivalry in the industry. As a result, it is anticipated that competition in the industry would be strong in the forecast period. Some of the prominent players in the medical automation market include:

• Accuray, Inc.

• Tecan Group Ltd.

• Medtronic Plc.

• Swisslog Holding AG

• GE Healthcare

• Intuitive Surgical, Inc.

• Stryker Corporation

• Siemens AG

• Koninklijke Philips N.V.

• Danaher Corporation

• Zimmer Biomet

Medical Automation Market ReportScope

Report Attribute	Details
Market size value in 2023	USD 48.06 billion
Revenue forecast in 2030	USD 88.11 billion
Growth rate	CAGR of 9.04% from 2023 to 2030
Base year for estimation	2022
Actual estimates/Historical data	2018 - 2021
Forecast period	2023 - 2030
Quantitative units	Revenue in USD Billion & CAGR from 2023 to 2030
Report coverage	Revenue forecast, company share, competitive landscape, growth factors and trends
Segments covered	Application, end-use, region
Regional Scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Country Scope	U.S.; Canada; Germany; France; Italy; Spain; U.K.; Japan; China; India; Brazil; Mexico; Argentina; South Africa; UAE
Key companies profiled	Accuray, Inc.; Tecan Group Ltd.; Medtronic Plc.; Swisslog Holding AG; GE Healthcare; Intuitive Surgical, Inc.; Stryker Corporation; Siemens AG; Koninklijke Philips N.V.; Danaher Corporation; Zimmer Biomet
Customization scope	Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.
价格和购买该俱乐部ns	Avail customized purchase options to meet your exact research needs.Explore purchase options

Global Medical Automation Market Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global Medical Automation Market based on application, end-use, and region:

• Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Imaging Automation Market

    • Integrated Image Analysis software systems

    • Medical Intraoperative Imaging

      • iCT

      • iUltrasound

      • iMRI

      • C-arm system

  • Therapeutic Automation Market

    • Non-Surgical Automation Market

      • Defibrillators

        • Implantable Cardioverter Defibrillators (ICD)

        • Automated External (Portable) Defibrillators

        • Wearable cardioverter defibrillators

      • Electronic Drug Delivery Systems

    • Surgical Automation Market

      • Surgical Robotic device

        • By Product

          • Capital Equipment

          • Consumables

          • Services

        • By Application

          • Large-Joint Replacement

          • Spinal Fusion

      • Intelligent Operating Rooms

      • Surgical Simulators

  • Laboratory and Pharmacy Automation Market

    • Laboratory Automation Market

      • Total Automation (Inclusive of Pre-analysis, Transport Mechanisms, Liquid Handling, Sample Storage, & Analysis)

      • Modular Automation Systems (Inclusive of Specimen Acquisition & Identification & Labelling, Transport Mechanisms, Sample Preparation, Sample Loading & Aspiration, Reagent Handling & Storage, Sample Analysis & Measurements)

      • Microplate Readers and Standalone Robots

    • Pharmacy Automation Market

  • Medical Software, Informatics, and Logistics Automation Market

    • Software and Informatics

    • Logistics Automation

      • Hospital/Staff/Patient Tracking Systems Automated Liquid Handing

        • Radiofrequency Identification

        • Real-time Location Systems

      • Automated Hospital Pickup and Delivery

        • Pneumatic Tube Systems (PTS)

        • Automated Guided Vehicles (AGV)

• End-Use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Hospitals & Diagnostic Centers

  • Research Laboratories & Institutes

  • Pharmacies

  • Others (Home/Ambulatory Care Settings, etc.)

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

    • France

    • Spain

    • Italy

  • Asia Pacific

    • China

    • India

    • Japan

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • MEA

    • South Africa

    • UAE