Emergence of Covid-19 is to Augment Growth of Healthcare Automation Market

Healthcare industry is rapidly adopting new technologies such as Artificial Intelligence (AI), robotics, medical imaging analytics; and extracting maximum benefits to drive down operational efficiencies, reduce cost of care, and enhance quality of care. Healthcare automation applications are assisting healthcare professionals and hospital administrators in conducting daily activities seamlessly and treating and managing patient care more efficiently. For instance, according to an Indiana University data, 2014, doctors using AI for treatment decisions has increased patient outcomes by 50% while health care costs reduced to half.

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Smart scheduling applications are allowing appointments with nurses on the basis of patient proximity, matching medical specialty to the patient’s need, and then schedules the best-matched nurse to visit the patient at home. Automation provides nurses with detailed real-time patient information with a single interface to offer the best possible care.

Advancements in healthcare information technology, increasing geriatric population base, and rising incidence rates of both chronic and acute diseases are expected to increase adoption of automation in the field of healthcare. According to the World health Organization (WHO) 2013 report, increasing elderly population is also rising the incidence of age-related illnesses such as Dementia and Parkinson’s disease worldwide. As a result, there is an increased burden on healthcare and medical resources along with more dependency on families and caregivers.

Furthermore, emerging economies are expected to increase adoption of automated systems in the healthcare industry in near future due to rapidly improving the healthcare infrastructure and increasing patient awareness, as the number of cardiovascular diseases, diabetes, and cancer increases. According to the Asian Diabetes Prevention Initiative, China and India are estimated to account for over half a billion diabetics by 2030.

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