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Healthcare Automation Market to Advance at CAGR of 8.4% During 2021-2028; Focus to Adopt Cost-effective and Efficient Patient Care Delivery Propels Applications, Says TMR Study – PR Newswire UK

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25 Apr, 2022, 17:30 BST
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ALBANY, N.Y., April 25, 2022 /PRNewswire/ — An array of automation technologies has been instrumental in reducing the cost burden of hospitalization, and have underpinned the development of system for cost-effective and efficient patient care. The demand is rising in therapeutic, diagnostic, lab & pharmacy, and logistics with an aim to streamline workflows. Smart automation of processes in research institutes is fueling growth prospects of the healthcare automation market. The global valuation is projected to surpass US$ 88.9 Bn by the end of 2028.
Automation of the clinical processes will support the healthcare industry to improve the patients’ satisfaction, and is a key underpinning of the expansion of the healthcare automation market. Furthermore, state-of-the-art platforms based on artificial intelligence, machine learning, and Internet-of-things (IoT) in hospital pharmacy automation are helping end users to unlock new operational gains.
Governments in numerous nations are keenly supporting process automation of health systems to mitigate the various cost pressures and human resource constraints faced by healthcare providers. This, the TMR analysts opine, will expand the horizon for investments in the healthcare automation market. Doctors are increasingly accepting healthcare automation, given its role in supporting their clinical decision making.
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Key Findings of Healthcare Automation Market Study
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Healthcare Automation Market: Key Drivers
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Healthcare Automation Market: Regional Growth Dynamics
Healthcare Automation Market: Key Players
Some of the key players in the healthcare automation market are Tecan Group Ltd., Accuray, Inc., Danaher Corporation, Stryker Corporation, Intuitive Surgical, Inc., Medtronic plc., Koninklijke Philips N.V., Swisslog Holding AG, and General Electric Company.
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Global Healthcare Automation Market: Segmentation
Healthcare Automation Market, by Application
Healthcare Automation Market, by End-user
Healthcare Automation Market, by Region
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:
Modular Laboratory Automation Market: Major pharmaceutical companies are increasingly realizing the value of R&D and are investing in it to maintain a competitive edge. This focus on R&D is likely to propel the modular laboratory automation market during the forecast period. Moreover, the trend of system miniaturization is anticipated to drive the global modular laboratory automation market.
Medical Automation Market: Companies and medical institutions are channeling more funds into medical automation systems and software enticed by benefits such as cost containment, increased speed, greater transparency in processing, and reduction in errors. This thus lays a strong foundation for the growth of the global medical automation market.
Clinical Laboratory Services Market: increasing incidence of infectious diseases, rising prevalence of chronic diseases, rising geriatric population, and the increasing awareness of early detection and prevention have enabled the clinical laboratory testing and services market gain pace especially in the Middle East countries.
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