Press release
Escalating Chronic Diseases Fuels Growth In The Medical Automation Technology Market: A Key Factor Shaping the Future of the Medical Automation Technologies Market in 2025
What industry-specific factors are fueling the growth of the medical automation technologies market?The increasing prevalence of chronic diseases is expected to drive the growth of the medical automation technology market. Chronic diseases require long-term management and treatment to control symptoms and prevent complications. Factors such as poor dietary habits, environmental pollution, and an aging population are contributing to the rise of chronic conditions. Medical automation technology aids in managing chronic diseases by enabling personalized treatment plans, remote monitoring, and automated data analysis, which improves patient care and outcomes. For instance, the British Heart Foundation reported in September 2024 that around 7.6 million people in the UK have heart and circulatory diseases, a number that is expected to rise significantly by 2040. The growing prevalence of chronic diseases is driving the medical automation technology market.
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What Is the projected market size and growth rate for the medical automation technologies market?
The medical automation technologies market will grow from $6.27 billion in 2024 to $7.07 billion in 2025 at a CAGR of 12.8%, supported by increasing patient empowerment, infectious disease management, and AI-driven healthcare innovations.
The medical automation technologies market is expected to grow rapidly, reaching $11.31 billion by 2029 at a CAGR of 12.5%. Growth factors include increasing demand for minimally invasive procedures, remote patient monitoring, and optimized hospital capacity. Key trends include robotic surgery, AI-powered diagnostics, telemedicine, automation in drug discovery, and smart hospital systems.
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What new trends are reshaping the medical automation technologies market and its opportunities?
In the medical automation technologies market, companies are adopting AI-driven solutions like medical coding automation to enhance efficiency and reduce errors. In December 2023, CorroHealth Inc., a US-based healthcare tech company, introduced Pulse, an AI-powered medical coding platform that improves accuracy and offers real-time insights, streamlining the coding process for healthcare facilities.
What major market segments define the scope and growth of the medical automation technologies market?
The medical automation technologies market covered in this report is segmented -
1) By Type: Diagnostic And Monitoring Operations, Therapeutic Automation, Lab And Pharmacy Automation, Home Healthcare Automation
2) By Application: Imaging And Radiology, Clinical Chemistry Analysis, Vital Signs Monitoring, Surgery And Rehabilitation
3) By End Use: Hospitals And Diagnostics Centers, Research Institutes And Laboratories, Homecare Settings
Subsegments:
1) By Diagnostic And Monitoring Operations: Diagnostic Imaging Automation, Patient Monitoring Systems Automation, Laboratory Diagnostic Automation, Remote Patient Monitoring
2) By Therapeutic Automation: Robotic Surgery Systems, Infusion Pumps And Automated Drug Delivery, Automated Rehabilitation Devices, Radiotherapy Automation
3) By Lab And Pharmacy Automation: Automated Laboratory Equipment, Pharmacy Dispensing Automation, Automated Sample Handling And Analysis, Robotic Pharmacy Solutions
4) By Home Healthcare Automation: Remote Health Monitoring Devices, Wearable Health Devices, Home Care Robotics, Automated Medication Management Systems
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Which region dominates the medical automation technologies market?
North America was the largest region in the medical automation technologies market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical automation technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the medical automation technologies industry growth?
Major companies operating in the medical automation technologies market are Johnson & Johnson Services Inc., F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic plc, Danaher Corporation, Siemens Healthineers AG, Koninklijke Philips N.V., Becton Dickinson and Co, GE HealthCare Technologies Inc., Boston Scientific Corporation, Zimmer Biomet Holdings Inc., Olympus Corporation, Terumo Corporation, Intuitive Surgical Inc., Oracle Cerner, Hologic Inc., Illumina Inc., Mindray Medical International Limited, Nikon Corporation, Sysmex Corporation, Bio Rad Laboratories Inc., QIAGEN N.V., Carl Zeiss Meditec AG, Yuyama Co Ltd.
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What Is Covered In The Medical Automation Technologies Global Market Report?
•Market Size Forecast: Examine the medical automation technologies market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the medical automation technologies market for a structured understanding.
•Key Players Overview: Analyze major players in the medical automation technologies market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the medical automation technologies market.
•Segment Contributions: Evaluate how different segments drive overall growth in the medical automation technologies market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the medical automation technologies market.
•Industry Challenges: Identify potential risks and obstacles affecting the medical automation technologies market.
•Competitive Landscape: Review strategic developments in the medical automation technologies market, including expansions, agreements, and new product launches.
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