Global Clinical Automation for Healthcare Providers Market Size, Share & Trends Analysis Report By End-user, By Region, and Segment Forecasts, 2023 - 2032
  • Published Date: Nov, 2023
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  • Pages: 200
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  • Report Summary
  • Table of Contents
  • Segmentation
  • Methodology
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These automation systems are designed specifically for medical facilities to enhance overall efficiency, accuracy, and patient care. Some of the major technologies include Electronic Health Records (EHRs), Clinical Decision Support Systems (CDSS), Order Entry and Management, Laboratory Information Management Systems (LIMS), Radiology Information Systems (RIS) and Picture Archiving and Communication Systems (PACS), Automated Appointment Scheduling, Automated Billing and Revenue Cycle Management, Telehealth and Telemedicine, etc. 

These technologies benefit healthcare facilities in carrying out clinical functions with improved efficiency, enhanced accuracy, cost reduction, streamlined workflow, and more effective patient engagement within medical facilities. While clinical automation delivers numerous benefits, its successful implementation demands careful planning, staff training, and ongoing maintenance. Additionally, data security and compliance with healthcare regulations are critical considerations in clinical automation initiatives.

The global clinical automation for healthcare providers' market was valued US $40.0 Bn in 2022 and is expected to reach US $91.60 Bn by 2030, growing at a CAGR of 10.5% during the forecast period 2023-2030.

COVID-19 Impact on Clinical Automation for Healthcare Providers' Market

The global healthcare sector has undergone a profound transformation due to the COVID-19 pandemic. As a pandemic wreaked havoc across all the markets, the Clinical Automation for Healthcare Providers market has seen potential growth due to the increased preference for automated technologies over manual ones. Stryker and Zimmer Biomet adopted nearly 100 robotic systems for their MAKO and ROSA systems, respectively during the fourth quarter of 2020. This reflects the growing emphasis on automation in the healthcare sector. 

Here are some of the key factors that drove the growth of the market:

  • Accelerated Digital Transformation: COVID-19 upscaled the preference for clinical automation technologies, particularly electronic health records (EHRs) and telehealth solutions. It was the need of the hour for healthcare providers to quickly adapt to remote patient consultations and digital record-keeping in order to take control of the situation and minimize in-person contact. 
  • Telehealth Expansion: The telehealth industry has grown tremendously in the past few years owing to the sudden expansion of the COVID-19 virus. As the cases increased, Healthcare providers started relying on telehealth solutions to continue patient care while adhering to social distancing guidelines. This surge in telehealth adoption drove the demand for clinical automation tools, such as virtual visit scheduling and electronic prescribing.
  • Remote Monitoring: With the sudden uptick in the emphasis on remote patient monitoring and early detection of COVID-19 symptoms, patients sought for clinical automation solutions to maintain safety. It also enabled continuous monitoring of patients from home. 
  • Data Analytics for Pandemic Response: Healthcare organizations refer to data analytics and artificial intelligence (AI) to collect accurate data and analyze large volumes of cases. 
  • Supply Chain Challenges: Even though the market saw a potential rise in demand, the sector was clouded with myriad challenges. The pandemic disrupted global supply chains, which resulted in the unavailability of medical equipment and supplies. This led to supply chain disruptions. 
  • Telecommuting and Remote Work: Telecommuting became absolutely necessary to avoid manual work and in-human contact. Many healthcare professionals were required to work remotely during lockdowns and adhere to the quarantine measures. This further led to the increased preference for clinical automation tools that could be accessed from various locations securely.

Factors Driving the Clinical Automation for Healthcare Providers' Market

The clinical automation market for healthcare providers has been growing at an exponential rate and the graph is expected to go further up. The potential factors driving the growth of the Healthcare Providers' market are:

  1. Regulatory Requirements: Government regulations during the COVID-19 pandemic have pushed end users like hospitals, clinics, and other healthcare bodies to adopt clinical automation solutions like Electronic Health Records. The mandates like meaningful use requirements in the United States and GDPR in Europe, have pushed healthcare providers to comply with the regulations, therefore, it is beneficial for the overall market. 
  1. Efficiency and Cost Reduction: When it comes to reducing operational costs while improving patient care, clinical automation fits perfectly in streamlining administrative tasks, reducing paperwork, and optimizing resource utilization. Therefore, recognizing the benefits of automated solutions, healthcare bodies are more inclined towards the adoption of automated technologies. 
  1. Enhanced Patient Care: Clinical automation tools, such as EHRs and Clinical Decision Support Systems (CDSS), improve patient care by reducing the risk of errors, and supporting evidence-based treatment decisions. Therefore, patients prefer these facilities over conventional manual therapies. 
  1. Data Analytics and Insights: The growing amount of data in the healthcare industry is pressing the need for data analytics for clinical and operational decision-making. Meanwhile, automation enables the collection, storage, and analysis of vast amounts of healthcare data, providing insights into patient outcomes and healthcare trends.
  1. Telehealth and Remote Monitoring: The COVID-19 pandemic accelerated the adoption of telehealth and remote patient monitoring, which in turn, resulted in the effective delivery of virtual care, scheduling virtual visits, and managing patient data remotely. Responding to the growing needs of patients, the market is expected to gain traction in the forthcoming years.
  1. The rise in Chronic Diseases: It is a significant factor influencing the adoption and development of clinical automation solutions in the healthcare industry. Chronic diseases, also known as non-communicable diseases (NCDs), are long-term health conditions that require ongoing medical management and care. Common examples of chronic diseases include diabetes, hypertension, heart disease, chronic respiratory conditions, and certain types of cancer. Here's an explanation of how the rise in chronic diseases impacts the clinical automation landscape for healthcare providers:
    • The higher patient load places a greater burden on healthcare facilities, leading to increased demand for clinical services. Clinical automation can help manage this surge in patient numbers by streamlining processes, reducing administrative tasks, and improving overall efficiency.
    • Clinical automation, including telemedicine platforms and wearable devices, enables healthcare providers to remotely monitor patients' health data and intervene promptly when issues arise. This reduces the need for frequent in-person visits and enhances patient engagement in their own care.
    • Clinical automation systems, including electronic health records (EHRs) and data analytics tools, help healthcare providers centralize and analyze patient data. This allows for more informed decision-making and personalized treatment plans, ultimately improving patient outcomes.
  1. Technological Advancements: The market is undergoing significant transformation with the increasing demand for technology innovation, such as artificial intelligence (AI), machine learning, and natural language processing. AI and machine learning algorithms can analyze large volumes of patient data, including medical images, clinical notes, and test results, to assist in diagnosis and treatment planning. They can also help predict patient outcomes and identify trends and patterns in healthcare data. AI-powered clinical automation can lead to more accurate diagnoses, personalized treatment plans, and improved patient outcomes. It can also assist healthcare providers in managing their resources more effectively. More recently, InterSystems announced the launch of its HealthShare Health Connect Cloud. It is a high-performance healthcare integration engine, in AWS Marketplace which efficiently serves the needs of healthcare delivery systems. 

Challenges

The most significant challenge in the market is the continuous increase in healthcare costs, which puts financial pressure on providers, patients, and payers. Implementing of clinical automation systems involves significant upfront costs, including the purchase of hardware and software, installation, and training. Ongoing expenses include maintenance, updates, and support contracts. The impact of high cost is on smaller healthcare facilities and organizations with limited budgets may find it challenging to invest in automation, potentially leading to disparities in healthcare quality and efficiency.

Data security and privacy is another challenge faced by the companies in the industry over the period of time. Healthcare organizations deal with sensitive patient information, making them prime targets for cyber-attacks. Maintaining data security and patient privacy is a constant challenge, given the evolving tactics of cybercriminals. Data breaches can lead to legal and financial repercussions, damage to the healthcare provider's reputation, and a loss of patient trust.

Training and workforce adoption among healthcare professionals, including doctors, nurses, and administrative staff, must be trained to use new automation systems effectively. Resistance to change and the need for additional training can slow down adoption. Staff reluctance or errors resulting from inadequate training can hinder the realization of the expected benefits of automation. Healthcare professionals may resist automation due to concerns about their job security, the potential for automation to replace certain tasks, or changes in their roles. Effective training and communication are necessary to address these concerns. Staff resistance can hinder the successful adoption and utilization of automation systems.

Trends in Clinical Automation for Healthcare Providers' Market

During the COVID-19 pandemic, telehealth utilization surged by over 28% in the United States alone. Telehealth visits increased by more than 50% in the first quarter of 2020 compared to the same period in the previous year, according to the Centers for Medicare & Medicaid Services. This surge in the use of technologies has been increasing with time. 

Additionally, the focus on patient-centered care has grown stronger, with healthcare providers stressing more on shared decision-making, patient engagement, and personalized treatment plans. All of these trends are driving the growth of the Clinical Automation for Healthcare Providers market. 

Clinical Automation for Healthcare Providers' Market Segmentation

By Application

By application, the market is segmented into therapeutic automation, lab automation, pharmacy automation, logistics automation, diagnostics and monitoring automation and others. Among these, the therapeutic automation segment holds the highest share in the global marketplace. The segment is further categorized into surgical and non-surgical segments. In the current times, the dominance of non-surgical automation is justified by holding more than 70% share in the therapeutic automation segment in 2022. The segment dominance is attributed to various factors such as increasing incidences of various chronic diseases coupled with technological advancements in medical systems.

By End User

By end user, the market is segmented into pharmacies, research institutes, labs, homecare and others. Research institutes hold the largest share of 38.0% in the global marketplace.  As the research and development institutes require accuracy, increasing efficiency, dependability, quality, and timeliness of testing, the research institutes are used. Additionally, it makes it easier to access test results that would otherwise be more challenging. Clinical automation lessens the risk of human error and provides an option to audit for test findings.

By Region

By region, the market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America clinical automation for healthcare providers’ market dominated the industry in 2023 owing to high R&D investments, innovative product launches, and supportive government initiatives. The market growth is attributed to strong healthcare infrastructure, which has increased the application of laboratory automation in the US and Canada. Also, supportive reimbursement establishment and the strong local presence of major players in this region are also boosting the easy penetration of novel solutions in the North America market.

The Europe clinical automation for healthcare providers’ market is expected to grow at an impressive CAGR of 10.8% in the forecast period of 2023-2030. The increasing demand for advanced systems, and availability of advanced healthcare infrastructure are expected to contribute to the regional market growth.

Competitive Landscape 

The Clinical Automation for Healthcare Providers market is highly competitive in nature owing to the presence of several large small and medium-sized players in the market. The industry is developing due to the growing demand for high-end products, as required by the end consumers. Innovation, competitive pricing, and experience to gain a competitive edge in the market. 

Recent Developments

  • In May 2023, ImagineSoftware announces its acquisition of Within Health, a company specialized in radiology workflow automation. This strategy will allow ImagineSoftware to advance their artificial intelligence (AI) and machine learning capabilities, revolutionizing workflows, and enhancing patient retention while minimizing administrative costs for radiology imaging centers nationwide.
  • In July 2021, CorroHealth has acquired Medical Savant after a successful year-long pilot of fully autonomous coding and charge capture. Automation exceeding 95% of encounters proved the benefits of combining Medical Savant Autonomous Coding with the CorroHealth Advanced Coding Solution (ACS).
  • In May 2021, Ortho Development announced the FDA approval about the use of its BKS and BKS TriMax implants with THINK Surgical's TSolution One TKA application.
  • In May 2021, Corin Group announced upgrades to its cloud-based digital ecosystem in May 2021, including a sizable software update for CorinConnect.
  • In 2020, Dexterity Robotics launched Mobius - a robotic arm that can be used to perform a variety of tasks in the operating room, such as suturing and needle threading.

Table of Contents

1.    Executive summary

2.    MARKET INTRODUCTION

2.1               MARKET SCOPE

2.2               MARKET Definitions

3.    research methodology

4.    market outlook

4.1               Key Trends

4.2               GUIDELINES / REGULATIONS

4.3               COVID- 19 IMPACT ON GLOBAL Clinical Automation for Healthcare Providers MARKET

4.4               MARKET DYNAMICS

4.4.1                   Drivers

4.4.1.1               Accelerated Digital Transformation

4.4.1.2               Expansion of Telehealth Industry

4.4.1.3               Growing demand of remote monitoring

4.4.2                   Restraints

4.4.2.1               Issues related to data breaches

4.4.2.2               Lack of skilled professionals

4.4.3                   Opportunities

4.4.3.1               Increasing collaboration of technology and healthcare sector

4.4.3.2               Rising investment in clinical automation

4.4.4                   Challenges

4.4.4.1               Regulatory framework

4.4.4.2               Expensive machines and equipment

4.5               PriCing Analysis

4.6               PORTER’S FIVE FORCE MODEL

4.6.1                   Threat of new entrants

4.6.2                   Threat of substitute

4.6.3                   Bargaining power of suppliers

4.6.4                   Bargaining power of buyers

4.6.5                   Intensity of competitive rivalry

5.    GLOBAL Clinical Automation for Healthcare Providers MARKET, By Application, MARKET ESTIMATION AND FORECAST, 2019-2032), value (USD million)

5.1               INTRODUCTION

5.2               MARKET SHARE ANALYSIS

5.3               THERAPEUTIC AUTOMATION

5.4               LAB AUTOMATION

5.5               PHARMACY AUTOMATION

5.6               LOGISTICS AUTOMATION

5.7               DIAGNOSTICS AND MONITORING AUTOMATION

5.8               OTHERS

6.    GLOBAL Clinical Automation for Healthcare Providers MARKET, BY END USER, MARKET ESTIMATION AND FORECAST, 2019-2032, value (USD million)

6.1               INTRODUCTION

6.2               MARKET SHARE ANALYSIS

6.3               PHARMACIES

6.4               RESEARCH INSTITUTES

6.5               LABS

6.6               HOMECARE

6.7               OTHERS

7.    GLOBAL Clinical Automation for Healthcare Providers MARKET, REGIONAL ANALYSIS MARKET ESTIMATION AND FORECAST, 2019-2032, value (USD million)

7.1               INTRODUCTION

7.2               NORTH AMERICA Clinical Automation for Healthcare Providers MARKET

7.2.1                   North America Clinical Automation for Healthcare Providers Market, By Country

7.2.1.1               US

7.2.1.2               Canada

7.2.1.3               Mexico

7.2.2                   North America Clinical Automation for Healthcare Providers Market, By Application

7.2.3                   North America Clinical Automation for Healthcare Providers Market, By End User

7.3               EUROPE Clinical Automation for Healthcare Providers MARKET

7.3.1                   Europe Clinical Automation for Healthcare Providers Market, By Country

7.3.1.1               Germany

7.3.1.2               UK

7.3.1.3               France

7.3.1.4               Italy

7.3.1.5               Spain

7.3.1.6               Russia

7.3.1.7               Rest of Europe

7.3.2                   Europe Clinical Automation for Healthcare Providers Market, By Application

7.3.3                   Europe Clinical Automation for Healthcare Providers Market, By End User

7.4               ASIA PACIFIC Clinical Automation for Healthcare Providers MARKET

7.4.1                   Asia Pacific Clinical Automation for Healthcare Providers Market, By Country

7.4.1.1               China

7.4.1.2               Japan

7.4.1.3               India

7.4.1.4               Australia

7.4.1.5               Singapore

7.4.1.6               South Korea

7.4.1.7               Thailand

7.4.1.8               Indonesia

7.4.1.9               Malaysia

7.4.1.10           Philippines

7.4.1.11           Rest of Asia Pacific

7.4.2                   Asia Pacific Clinical Automation for Healthcare Providers Market, By Application

7.4.3                   Asia Pacific Clinical Automation for Healthcare Providers Market, By End User

7.5               MIDDLE EAST & AFRICA Clinical Automation for Healthcare Providers MARKET

7.5.1                   Middle East & Africa Clinical Automation for Healthcare Providers Market, By Country

7.5.1.1               UAE

7.5.1.2               Saudi Arabia

7.5.1.3               South Africa

7.5.1.4               Rest of Middle East & Africa

7.5.2                   Middle East & Africa Clinical Automation for Healthcare Providers Market, By Application

7.5.3                   Middle East & Africa Clinical Automation for Healthcare Providers Market, By End User

7.6               SOUTH AMERICA Clinical Automation for Healthcare Providers MARKET

7.6.1                   South America Clinical Automation for Healthcare Providers Market, By Country

7.6.1.1               Brazil

7.6.1.2               Argentina

7.6.1.3               Peru

7.6.1.4               Rest of South America

7.6.2                   South America Clinical Automation for Healthcare Providers Market, By Application

7.6.3                   South America Clinical Automation for Healthcare Providers Market, By End User

8.    GLOBAL Clinical Automation for Healthcare Providers MARKET, COMPETITIVE Intelligence

8.1               COMPETITIVE POSITIONING

8.2               competitor benchmarking

8.3               COMPETITVE QUADRANT

8.4               market share analysis, 2022 (%)

9.    GLOBAL Clinical Automation for Healthcare Providers MARKET, COMPANY ANALYSIS

9.1               Accuray Inc.

9.1.1                   Company Overview

9.1.1.1               Business outlook

9.1.1.2               Headquarter

9.1.1.3               Established/Incorporated

9.1.1.4               Headcounts/ Employee strength

9.1.2                   Financial Overview

9.1.2.1               Sales/revenue

9.1.2.2               R&D expenditure

9.1.2.3               Business segment sales share

9.1.2.4               Regional sales share

9.1.3                   Product Offerings 

9.1.4                   SWOT Analysis

9.1.5                   Key Developments (Expansion/New Product Development/Agreement/Mergers & Acquisitions, Partnership/Investment/Etc.)

9.2               Danaher Corporation

9.3               Siemens AG

9.4               Tecan Group Ltd.

9.5               Koniklijke philips n.v.

9.6               medtronic plc

9.7               stryker corporation

9.8               general electric company

9.9               swisslog holding ag

9.10           intuitive surgical inc.

9.11           OTHERS

*Financials and Details May Not be Included in Case of Privately Held Company

Global Clinical Automation for Healthcare Providers Market Segmentation

Clinical Automation for Healthcare Providers by Automation Type: Market Size & Forecast 2023-2030

  • Robotic Process Automation (RPA)
  • Artificial Intelligence (AI) & Machine Learning (ML)
  • Internet of Medical Things (IoMT)
  • Chatbots & Virtual Assistants
  • Automated Workflow & Decision Support

Clinical Automation for Healthcare Providers by Application: Market Size & Forecast 2023-2030

  • Administrative Automation
  • Clinical Documentation & Coding
  • Patient Engagement & Communication
  • Diagnostics & Imaging
  • Pharmacy & Medication Management
  • Laboratory Automation

Clinical Automation for Healthcare Providers by Workflow Stage: Market Size & Forecast 2023-2030

  • Pre-Consultation
  • During Consultation
  • Post-Consultation

Clinical Automation for Healthcare Providers by Care Setting: Market Size & Forecast 2023-2030

  • Hospitals & Clinics
  • Ambulatory Surgery Centers
  • Long-Term Care Facilities

Clinical Automation for Healthcare Providers by Provider Type: Market Size & Forecast 2023-2030

  • Physicians & Surgeons
  • Nurses & Medical Staff
  • Pharmacists & Lab Technicians

Clinical Automation for Healthcare Providers by Technology Integration: Market Size & Forecast 2023-2030

  • Standalone Solutions
  • Integrated Platforms

Clinical Automation for Healthcare Providers by Geography: Market Size & Forecast 2023-2030

  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Major Players:

  • McKesson Corporation
  • Siemens Healthineers AG
  • Cerner Corporation
  • Allscripts Healthcare Solutions, Inc.
  • GE Healthcare
  • Philips Healthcare
  • Athenahealth, Inc.
  • Epic Systems Corporation
  • Agfa-Gevaert Group
  • NextGen Healthcare, Inc.
  • eClinicalWorks LLC
  • Carestream Health
  • CPSI (Computer Programs and Systems, Inc.)
  • Surescripts LLC
  • Omnicell, Inc.
  • Change Healthcare
  • Optum (UnitedHealth Group)
  • Oracle Corporation
  • IBM Corporation
  • Fujifilm Holdings Corporation
  • Merge Healthcare (IBM Watson Health)
  • Henry Schein Medical Systems, Inc.
  • eMDs, Inc.
  • CompuGroup Medical AG
  • Greenway Health LLC

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