Market Overview:
The global automation and control system in healthcare market is expected to grow at a CAGR of 9.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for automation and control systems in healthcare applications, such as diagnostics and monitoring, therapeutic automation, pharmacy and laboratory automation, and medical logistics automation. Additionally, the growing demand for minimally invasive surgeries is also contributing to the growth of the market. However, factors such as high installation cost and lack of skilled workforce are restraining the growth of this market. The diagnostic and monitoring Automation segment is expected to account for the largest share of the global Automation And Control System In Healthcare Market by 2030 owing to its ability to improve patient safety by reducing human error rates during diagnosis or treatment procedures.
Product Definition:
The term automation and control system is used to describe a range of technologies that allow machines or processes to be controlled remotely. In the context of healthcare, this can refer to systems that automate tasks such as dispensing medication or collecting patient data, as well as those that monitor and control equipment in hospitals and laboratories. The use of automation and control systems in healthcare can improve efficiency, safety and accuracy, while also reducing costs.
Diagnostics and Monitoring Automation:
The global diagnostics and monitoring automation market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising demand for early disease detection, increasing prevalence of chronic diseases such as cancer, diabetes, cardiovascular diseases coupled with growing geriatric population base are some high impact rendering drivers for the growth of this market during the forecast period 2016-2021.
Therapeutic Automation:
Therapeutic automation is the use of software and computer technologies to streamline medical procedures. It aims at replacing manual tasks performed by healthcare professionals with automated solutions. The major aim of therapeutic automation in the field of automation and control system in healthcare market is to reduce human errors that may occur during a medical procedure, thereby increasing patient safety.
Application Insights:
The diagnostics and monitoring automation segment dominated the global market in 2017. This can be attributed to factors such as an increase in demand for point-of-care testing, growing emphasis on reducing healthcare expenditure, and rising need for streamlining laboratory processes. For instance, according to a study published by the U.S.-based National Center for Biotechnology Information (NCBI) in 2016, it was estimated that approximately USD 40 billion is spent annually on blood glucose tests alone. Thus, there is a huge potential market waiting to be automated across various clinical applications using different technologies such as smartphone apps and wearable devices.
The therapeutic automation segment is expected to witness lucrative growth over the forecast period owing to increasing adoption of these systems within hospitals or clinics for medication management purposes or at home care settings with patient's help remote monitoring.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of major players, technological advancements, and high demand for automation and control systems in healthcare. The increasing need for efficient data management is also a key factor driving growth in this region. According to an article published by Modern Healthcare magazine, data generated from electronic health records (EHR) is expected to grow at a rate of 44% over the next decade’s time span.
Growth Factors:
- Increasing demand for automation and control systems in the healthcare sector to improve operational efficiency.
- Rising number of hospitals and clinics across the globe is expected to drive the demand for automation and control systems in the healthcare market over the forecast period.
- Growing focus on reducing costs associated with healthcare delivery is anticipated to boost adoption of automation and control systems in this market during the forecast period.
- Proliferation of medical devices that require automated controls for proper functioning is projected to fuel growth of this market over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automation and Control System in Healthcare Market Research Report
By Type
Diagnostics and Monitoring Automation, Therapeutic Automation, Pharmacy and Laboratory Automation, Medical Logistics Automation
By Application
Diagnostics and Monitoring Automation, Therapeutic Automation, Pharmacy and Laboratory Automation, Medical Logistics Automation
By Companies
Siemens, General Electric Company, Tecan Group, Swisslog Holding, Stryker Corporation, Koninklijke Philips, Danaher Corporation, Intuitive Surgical, Medtronic.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Automation and Control System in Healthcare Market Report Segments:
The global Automation and Control System in Healthcare market is segmented on the basis of:
Types
Diagnostics and Monitoring Automation, Therapeutic Automation, Pharmacy and Laboratory Automation, Medical Logistics Automation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Diagnostics and Monitoring Automation, Therapeutic Automation, Pharmacy and Laboratory Automation, Medical Logistics Automation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- General Electric Company
- Tecan Group
- Swisslog Holding
- Stryker Corporation
- Koninklijke Philips
- Danaher Corporation
- Intuitive Surgical
- Medtronic.
Highlights of The Automation and Control System in Healthcare Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diagnostics and Monitoring Automation
- Therapeutic Automation
- Pharmacy and Laboratory Automation
- Medical Logistics Automation
- By Application:
- Diagnostics and Monitoring Automation
- Therapeutic Automation
- Pharmacy and Laboratory Automation
- Medical Logistics Automation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automation and Control System in Healthcare Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automation and control systems are used in healthcare to improve the efficiency and accuracy of patient care. Automation can help reduce the number of errors made by healthcare professionals, while control systems can help ensure that patients receive the correct treatment at the right time.
Some of the key players operating in the automation and control system in healthcare market are Siemens, General Electric Company, Tecan Group, Swisslog Holding, Stryker Corporation, Koninklijke Philips, Danaher Corporation, Intuitive Surgical, Medtronic..
The automation and control system in healthcare market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automation and Control System in Healthcare Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automation and Control System in Healthcare Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automation and Control System in Healthcare Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automation and Control System in Healthcare Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automation and Control System in Healthcare Market Size & Forecast, 2018-2028
4.5.1 Automation and Control System in Healthcare Market Size and Y-o-Y Growth
4.5.2 Automation and Control System in Healthcare Market Absolute $ Opportunity
Chapter 5 Global Automation and Control System in Healthcare Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automation and Control System in Healthcare Market Size Forecast by Type
5.2.1 Diagnostics and Monitoring Automation
5.2.2 Therapeutic Automation
5.2.3 Pharmacy and Laboratory Automation
5.2.4 Medical Logistics Automation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automation and Control System in Healthcare Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automation and Control System in Healthcare Market Size Forecast by Applications
6.2.1 Diagnostics and Monitoring Automation
6.2.2 Therapeutic Automation
6.2.3 Pharmacy and Laboratory Automation
6.2.4 Medical Logistics Automation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automation and Control System in Healthcare Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automation and Control System in Healthcare Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automation and Control System in Healthcare Analysis and Forecast
9.1 Introduction
9.2 North America Automation and Control System in Healthcare Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automation and Control System in Healthcare Market Size Forecast by Type
9.6.1 Diagnostics and Monitoring Automation
9.6.2 Therapeutic Automation
9.6.3 Pharmacy and Laboratory Automation
9.6.4 Medical Logistics Automation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automation and Control System in Healthcare Market Size Forecast by Applications
9.10.1 Diagnostics and Monitoring Automation
9.10.2 Therapeutic Automation
9.10.3 Pharmacy and Laboratory Automation
9.10.4 Medical Logistics Automation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automation and Control System in Healthcare Analysis and Forecast
10.1 Introduction
10.2 Europe Automation and Control System in Healthcare Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automation and Control System in Healthcare Market Size Forecast by Type
10.6.1 Diagnostics and Monitoring Automation
10.6.2 Therapeutic Automation
10.6.3 Pharmacy and Laboratory Automation
10.6.4 Medical Logistics Automation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automation and Control System in Healthcare Market Size Forecast by Applications
10.10.1 Diagnostics and Monitoring Automation
10.10.2 Therapeutic Automation
10.10.3 Pharmacy and Laboratory Automation
10.10.4 Medical Logistics Automation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automation and Control System in Healthcare Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automation and Control System in Healthcare Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automation and Control System in Healthcare Market Size Forecast by Type
11.6.1 Diagnostics and Monitoring Automation
11.6.2 Therapeutic Automation
11.6.3 Pharmacy and Laboratory Automation
11.6.4 Medical Logistics Automation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automation and Control System in Healthcare Market Size Forecast by Applications
11.10.1 Diagnostics and Monitoring Automation
11.10.2 Therapeutic Automation
11.10.3 Pharmacy and Laboratory Automation
11.10.4 Medical Logistics Automation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automation and Control System in Healthcare Analysis and Forecast
12.1 Introduction
12.2 Latin America Automation and Control System in Healthcare Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automation and Control System in Healthcare Market Size Forecast by Type
12.6.1 Diagnostics and Monitoring Automation
12.6.2 Therapeutic Automation
12.6.3 Pharmacy and Laboratory Automation
12.6.4 Medical Logistics Automation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automation and Control System in Healthcare Market Size Forecast by Applications
12.10.1 Diagnostics and Monitoring Automation
12.10.2 Therapeutic Automation
12.10.3 Pharmacy and Laboratory Automation
12.10.4 Medical Logistics Automation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automation and Control System in Healthcare Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automation and Control System in Healthcare Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automation and Control System in Healthcare Market Size Forecast by Type
13.6.1 Diagnostics and Monitoring Automation
13.6.2 Therapeutic Automation
13.6.3 Pharmacy and Laboratory Automation
13.6.4 Medical Logistics Automation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automation and Control System in Healthcare Market Size Forecast by Applications
13.10.1 Diagnostics and Monitoring Automation
13.10.2 Therapeutic Automation
13.10.3 Pharmacy and Laboratory Automation
13.10.4 Medical Logistics Automation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automation and Control System in Healthcare Market: Competitive Dashboard
14.2 Global Automation and Control System in Healthcare Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 General Electric Company
14.3.3 Tecan Group
14.3.4 Swisslog Holding
14.3.5 Stryker Corporation
14.3.6 Koninklijke Philips
14.3.7 Danaher Corporation
14.3.8 Intuitive Surgical
14.3.9 Medtronic.
