Automation plays a crucial role in a healthcare facility by enhancing administration, optimising accessible operations and maximising the performance of healthcare professionals. In a hospital, automation is used to maintain patient records, hospital operations, manages finance, collection and delivery of reports, facilities management etc. It enhances overall operations through efficiency, improved patient experience and higher job satisfaction. Also, when it comes to diagnostics and treatment, healthcare automation enables early detection of diseases and treatment. Thus, automation offers better healthcare facilities, improved efficiency and increased healthcare delivery quality.
Today, healthcare industry across the world is witnessing signification transformation with the advent of Artificial Intelligence (AI), Blockchain, Internet of Things (IoT), and Robotic Process Automation (RPA). This increased adoption of digitalisation is enabling all stakeholders to redefine the healthcare in terms of prevention, diagnosis and treatment. At the same time the effective use of these technologies help to reduce costs, increase productivity and improved quality.
Even smartphones with diagnostic capabilities are being used to detect early on-set of long-term conditions, such as Parkinson’s disease, asthma and thyroid disorders. Smartphones facilitates patients in remote geographical areas to have much better access to healthcare by using clip-on sensors. Implantable drug-delivery mechanism is a microchip-based breakthrough solution that is designed to administer different medications, drugs, and fluids without inserting needle repeatedly.
Owing to this very reasons, the healthcare automation market is all set to witness exponential growth. According to a Zion Market Research report, the global healthcare automation market, valued approximately US$ 33,334 million in 2018, is expected to generate around US$ 63,596 million by 2026, at a CAGR of around 8.41 per cent between 2019 and 2026. Another research agency Market Research Engine also expects that the healthcare automation market will exceed more than US$ 60 billion by 2024 at a CAGR of 9 per cent.