Medical automation is a technology used to minimize medical errors, promote better management of chronic illness, and to enable healthcare professionals to anticipate prognosis. It controls the diagnostic, monitoring, and therapeutic machineries that serves the major responsive tasks into the hospitals. It also increases the predictability of outcome when patients follow a standardized care path supported by automation.

Moreover, automation can help to detect when a patient has deviated from recommended care plan so the care team can intervene. The technology implementation enhances efficiency of hospitals by reducing the process time and improving accuracy of a medical procedures. Medical automation in hospitals such as using robotic assisted systems for health check-ups, is also propelling the growth of the market and in turn improving patient safety. Hospitals are adopting the medical robotics to reduce the HAIs rates in healthcare facility and to provide cleaner and safer environment to patients. In 2016, Xenex, a Texas-based company produced unique robot called Germ-Zapping Robot, that uses high intensity ultraviolet light to disinfect infections efficiently and quickly, in turn reducing the workload of staff and cost.

Medical Automation Market Drivers:

Implementation of automated devices has reduced the task time and labor efforts as machine perform tasks in better manner than the human and has higher consistency for care activities, such as patient’s routine immunoassay analysis, pre/post analytical workflow monitoring, which significantly reduces cost and complications.

Several hospitals are utilizing automated technologies for recording and organizing patient information, contributing to the market growth. For instance, according to the Intuitive Surgical, Inc., surgical procedures perform by using da Vinci systems (Intuitive surgical company’s products) in various hospitals globally, around 877 000 surgical procedures have been performed by this product in 2017, compared with 753 000 procedures in 2016, an increase of 16%. Moreover, the company expects total da Vinci procedures to grow around 11% to 15% in 2018. Thus, automated machines improve clinical outcomes that help patients return to active and productive life more quickly. However, high cost of the automation equipment and lack of skilled professionals majorly in emerging economies are the key restraining factors for market growth.

Robotically assisted surgeries are used to aid in surgical procedures to overcome the limitations of pre-existing minimal invasive surgical procedures to enhance capabilities of the surgeons, which include gynecological, cardiac, neurological, and orthopedic. Robotic assisted surgeries are carried out with precision, miniaturization, smaller incisions such as decreased blood loss, less pain, and quick healing time, which significantly reduces the hospital stay and blood transfusion. According to health research funding organization, the rate of robotic surgeries is increasing by 25% annually and in 2012, approximately 400,000 robotic surgeries were performed across U.S.

Market is also expected to witness significant growth as government investments are increasing, policies continue to improving, and collaboration among market players. For instance, in 2018, Orgenesis Inc. collaborated with the Atvio Biotech Ltd., an innovator of enhanced bioprocessing solutions for the development and distribution of advanced automated culturing system for manufacturing autologous cell therapies. Furthermore, major investments on healthcare research by various manufacturers is contributing to the market growth. For instance, in 2017, Siemens AG successfully installed India’s first fully automated Aptio automation track with multidiscipline modalities at the Aspira Pathlab and Diagnostic Ltd, Mumbai.

Medical Automation Market - Competitor Analysis:

Key players operating in the medical automation market include koninklijke Philips N.V., Siemens AG, General Electric Company, Medtronic Plc, Accuray Incorporated, Kahle automation, Muratec, Ltd., Schneeberger, Hitachi, Tecan Group Ltd., Intuitive surgical, Inc., Stryker Corporation, and Danaher Corporation.

Medical Automation Market Taxonomy:

By Applications

  • Diagnostic and Monitoring Automation
    • Automated Imaging and Analysis
    • Point-of Care Testing
    • Others
  • Therapeutic Automation
  • Surgical Automation
  • Non-Surgical Automation
  • Lab and Pharmaceutical Automation
  • Medical Logistics and Training

 By End Users

  • Hospitals
  • Diagnostic Laboratories
  • Academic and Research Institutes
  • Ambulatory Care Centers
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users