What are the latest figures on the medical automation market’s size and projected CAGR?
The medical automation market size has grown rapidly in recent years. It will grow from $55.22 billion in 2024 to $61.43 billion in 2025 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to healthcare industry digitization, pandemics and infectious diseases, patient empowerment, healthcare worker shortage, and focus on preventive care.
The medical automation market size is expected to see rapid growth in the next few years. It will grow to $92.78 billion in 2029 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to demand for minimally invasive procedures, remote patient monitoring, hospital capacity optimization, the shift towards value-based care, and growing awareness about the benefits of automation in healthcare. Major trends in the forecast period include gene editing, the adoption of medical imaging, 3d printing, telemedicine, the Internet of Things (IoT), and the integration of artificial intelligence (AI).
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Medical Automation Market Report 2025
What are the key forces behind the medical automation market’s growth in recent years?
The increasing prevalence of chronic diseases is expected to propel the growth of the medical automation market going forward. Chronic diseases refer to long-term medical disorders that remain for a long time and tend to get worse with time. The increase in chronic diseases is due to sedentary lifestyles, unhealthy eating patterns, and the aging demographic. Medical automation facilitates precision monitoring and timely interventions for chronic diseases, optimizing patient care and outcomes. For instance, in September 2022, according to the World Health Organization (WHO) 2022 Highlights, a Switzerland-based intergovernmental health organization, chronic diseases accounted for 74% of all deaths globally, with 41 million deaths annually. Therefore, the increasing cases of chronic diseases are driving the growth of the medical automation market.
What are the major segments of the medical automation market?
The medical automation market covered in this report is segmented –
1) By Component: Equipment, Capital Equipment, Consumables, Software, Services
2) By Connectivity: Wired, Wireless
3) By Application: Diagnostics And Monitoring, Therapeutics, Lab And Pharmacy Automation, Medical Logistics And Training, Large-Joint Replacement, Spinal Fusion, Other Applications
4) By End User: Hospitals, Diagnostic Center, Pharmacies, Research Laboratories And Institutes, Homecare, Specialty Clinics, Ambulatory Surgical Centers (ASCs), Other End Users
Subsegments:
1) By Equipment: Diagnostic Equipment, Therapeutic Equipment, Monitoring Equipment
2) By Capital Equipment: Surgical Robots, Imaging Systems (MRI, CT Scanners), Patient Lifting Equipment, Automated Laboratory Equipment
3) By Consumables: Test Strips And Kits, Reagents And Chemicals, Single-Use Devices
4) By Software: Healthcare Management Software, Diagnostic Software, Automation Software For Laboratory And Pharmacy Systems, AI Or ML-Based Software Solutions For Medical Diagnostics
5) By Services: Maintenance And Support Services, Consulting Services, Integration And Implementation Services, Training Services
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Medical Automation Market Report 2025
Which companies dominate the medical automation market?
Major companies operating in the medical automation market are Johnson & Johnson Services Inc., F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic plc, Siemens Healthineers AG, Becton, Dickinson and Company, Royal Philips, Stryker Corporation, Boston Scientific Corporation, Zimmer Biomet Holdings Inc., Agilent Technologies Inc., Terumo Corporation, Intuitive Surgical Inc., Smith & Nephew plc, Hologic Inc., ResMed Inc., Bio Rad Laboratories Inc., QIAGEN N.V., Carl Zeiss Meditec AG, Masimo Corporation, Elekta AB, Tecan Group Ltd., Accuray Inc.
What major trends will shape the medical automation market during the forecast period?
Major companies operating in the medical automation market are focusing on developing innovative solutions, such as clinician-controlled mobile apps, to drive revenue growth. A clinician-controlled mobile app is a software application designed by healthcare professionals, such as physicians, nurses, therapists, and other clinicians, to facilitate various aspects of patient care, communication, and management. For instance, in April 2024, Augmedix Inc., a US-based data services and medical documentation company, launched Augmedix Go. This clinician-controlled mobile app uses ambient AI technology and structured data to create a fully automated draft medical note after patients visit healthcare settings such as emergency departments. This automation simplifies the medical documentation process, allowing clinicians to spend more time on patient care by reducing time spent on administrative tasks like note-taking.
What are the key regional dynamics of the medical automation market, and which region leads in market share?
North America was the largest region in the medical automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Medical Automation Market Report 2025 Offer?
The medical automation market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Medical automation refers to the process of applying technology and automated processes to improve efficiency, accuracy, and safety in various aspects of healthcare delivery, including diagnosis, treatment, monitoring, and administrative tasks. This encompasses many automation solutions designed to streamline workflows, improve efficiency, reduce errors, and enhance patient outcomes within healthcare facilities such as hospitals, clinics, and laboratories.
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Medical Automation Market Report 2025
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