Global Medical Automation Market Size & Outlook, 2023-2030
Global medical automation market, 2018-2030 (US$M)
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Global medical automation market highlights
- The global medical automation market generated a revenue of USD 48,048.3 million in 2023 and is expected to reach USD 87,991.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9% by 2030.
- In terms of segment, therapeutic automation market accounted for a revenue of USD 25,896.9 million in 2023.
- Laboratory and Pharmacy Automation Market is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 48,048.3 million |
| Market revenue in 2030 | USD 87,991.5 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutic automation market |
| Fastest growing segment | Laboratory and Pharmacy Automation Market |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Imaging Automation Market, Therapeutic Automation Market, Laboratory and Pharmacy Automation Market, Medical Software, Informatics, and Logistics Automation Market |
Other key industry trends
- In terms of revenue, the North America accounted for 42.3% of the global medical automation market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 840.0 million by 2030.
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Medical Automation Market Scope
Medical Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global medical automation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical automation market will help companies and investors design strategic landscapes.
Therapeutic automation market was the largest segment with a revenue share of 53.9% in 2023. Horizon Databook has segmented the Global medical automation market based on imaging automation market, therapeutic automation market, laboratory and pharmacy automation market, medical software, informatics, and logistics automation market covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Medical Automation Application Outlook (Revenue, USD Million, 2018-2030)
- Imaging Automation Market
- Integrated Image Analysis software systems
- Medical Intraoperative Imaging
- iCT
- iUltrasound
- iMRI
- C-arm system
- Therapeutic Automation Market
- Non- Surgical Automation
- Defibrillators
- Implantable Cardioverter Defibrillators
- Automated External (Portable) Defibrillators
- Wearable cardioverter defibrillators
- Electronic Drug Delivery Systems
- Defibrillators
- Surgical Automation
- Surgical Robotic device
- Intelligent Operating Rooms
- Surgical Simulators
- Non- Surgical Automation
- Laboratory and Pharmacy Automation Market
- Laboratory Automation
- Total Automation
- Modular Automation Systems
- Pharmacy Automation
- Laboratory Automation
- Medical Software, Informatics, and Logistics Automation Market
- Software and Informatics
- Logistics Automation
- Imaging Automation Market
- Global Medical Automation End-Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Diagnostic Centers
- Research Laboratories & Institutes
- Pharmacies
- Others
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Our clientele includes a mix of medical automation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical automation market , including forecasts for subscribers. This global databook contains high-level insights into Global medical automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global medical automation market size, by regions, 2018-2030 (US$M)
Top 10 countries: Medical automation market size, 2023 (US$M)
Global medical automation market share, by application, 2023 & 2030 (%, US$M)
Medical automation market: Opportunity assessment by country
Global medical automation market, by region, 2023 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 15,019.7 | 15,944.3 | 15,987.6 | 17,730.5 | 18,854.6 | 20,304.2 | 21,905.4 | 23,679.8 | 25,642.2 | 27,818.0 | 30,231.8 | 32,925.1 | 35,969.7 | 8.5% |
| Europe | 7,969.1 | 8,557.3 | 8,651.1 | 9,812.6 | 10,587.1 | 11,463.9 | 12,443.2 | 13,535.8 | 14,756.6 | 16,119.5 | 17,642.0 | 19,353.7 | 21,276.6 | 9.2% |
| Asia Pacific | 6,411.0 | 7,035.7 | 7,155.2 | 8,363.6 | 9,124.0 | 9,977.7 | 10,934.6 | 12,009.9 | 13,217.9 | 14,575.8 | 16,105.6 | 17,838.5 | 19,801.2 | 10.3% |
| Latin America | 2,894.5 | 3,078.4 | 3,049.4 | 3,434.3 | 3,693.9 | 3,979.7 | 4,296.4 | 4,647.9 | 5,038.6 | 5,473.0 | 5,956.1 | 6,497.7 | 7,082.0 | 8.6% |
| MEA | 1,804.1 | 1,899.7 | 1,820.8 | 2,034.6 | 2,175.7 | 2,322.9 | 2,484.6 | 2,662.6 | 2,858.7 | 3,077.7 | 3,318.3 | 3,585.5 | 3,862.2 | 7.5% |
| Overall | 34,098.3 | 36,515.4 | 36,664.0 | 41,375.6 | 44,435.4 | 48,048.3 | 52,064.1 | 56,536.0 | 61,514.0 | 67,064.0 | 73,253.7 | 80,200.4 | 87,991.5 | 9.0% |
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