Predictions For The Global Healthcare Automation Market By 2025

Healthcare News

Predictions_For-The-Global-Healthcare-Automation-Market-By-2025 Predictions For The Global Healthcare Automation Market By 2025Today, healthcare space is increasingly embracing new advancements in automation like robotics, Artificial Intelligence (AI), medicinal imaging technique and garnering maximum benefits to fuel down operational efficiencies, reduce the cost of consideration, and advance nature of consideration. Moreover, healthcare automation applications are assisting healthcare experts and emergency clinic executives to lead everyday exercises impeccably and treat and oversee persistent consideration all the more effectively.

Coming to the market research, the global market for healthcare automation is likely to reach around USD 58.98 billion by the end of 2025, from USD 28.31 billion in 2016, at a steady CAGR of 8.8 percent. Automation provides medical professionals with taking every point into consideration over ongoing patient data to offer the ideal consideration. On the basis of regions, North America accounts for the largest share of the healthcare automated market followed by the Asia Pacific and Europe. This growth is largely attributable to enormous investments in clinical research activities among the major factor driving the growth in the regions. Moreover, North America is expected to garner a share of 39.5 percent throughout the projected timeframe.

By application segment, the global market for healthcare automation is fragmented into lab and pharmacy automation, monitoring automation, therapeutic automation, and logistics and training automation and diagnostics. Amongst these, therapeutic automation that is the digital therapy system which is fully automated held the leading position in terms of revenue share in the year 2016. The automation of data, including patient reports, billings and solutions allow clinicians abrupt access to the accurate data to treat any patient in the midst of the entire procedure.