The Continuous
technological advancements in automation solutions, increasing government
financial support for medical automation, rising labour costs, and growing need
for reproducibility and accuracy are key factors fuelling the growth of
the medical automation market. Increasing demand for automation in
laboratories and pharmacies and high potential for early detection and
treatment of diseases due to automation are some other prime factors offering
growth opportunities for players in the market. However, high cost of
automation is one of the key restraints for this market.
According to the new market
research report "Medical
Automation Market
by Application (Diagnostics & Monitoring, Therapeutics, Lab & Pharmacy
Automation, Medical Logistics & Training), End-User (Hospital, Diagnostic
Center, Research Institute, Home/Ambulatory Care) - Global Forecast", published by MarketsandMarkets™.
Revenue
Growth Opportunities:
Medical Automation Market is projected to reach USD 55.03 Billion,
at CAGR of 9.5%
Market
Segmentation in-Detailed:-
On the basis of application, the market is divided into
four major segments, namely, diagnostic and monitoring automation (automated
imaging, automated image analysis, and point-of-care testing), therapeutic
automation (non-surgical automation and surgical automation), laboratory and
pharmacy automation (laboratory automation and pharmacy automation), and
medical logistics and training (logistics automation and trainers).
The therapeutic automation segment is estimated to hold the largest share of the global medical automation market. Increasing application of automated devices (such as defibrillators, surgical robots, surgical navigation systems, and automated medication systems) in therapeutics and rising incidences of various chronic diseases are driving the growth of this market segment.
The therapeutic automation segment is estimated to hold the largest share of the global medical automation market. Increasing application of automated devices (such as defibrillators, surgical robots, surgical navigation systems, and automated medication systems) in therapeutics and rising incidences of various chronic diseases are driving the growth of this market segment.
On the basis of end users, the
global market is divided into four segments, namely, hospitals and diagnostic
centers, pharmacies, research laboratories and institutes, and home/ambulatory
care settings and other end users.
Download PDF (Please provide your specific interest in
this report so as to help you better): https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=848
Worldwide
Geographical Segmentation in-detailed:
The Medical Automation therapy
market is segmented into four regional segments, namely, North America, Europe,
the Asia Pacific, and the Rest of the World. North
America is estimated to hold the largest share of the global market, followed
by Europe. However, the Asia-Pacific market is expected to grow at the highest
CAGR of 11.6% from 2015 to 2020. Presence of a large geriatric population;
increasing prevalence of CVDs, diabetes, and cancer; rising number of clinical
research activities; and growing government expenditure on healthcare and life
sciences research are propelling the growth of the Asia-Pacific market.
Emerging
Asia-Pacific countries, including India and China, offer high growth potential
for companies engaged in the development and marketing of automated solutions
for the healthcare industry.
Request
Research Sample Pages:
Leading Key
Players in the Worldwide Industry:
The major players operating in
the Medical Automation Market are Koninklijke
Philips N.V. (Netherlands), Siemens AG, (Germany), General Electric Company
(U.S.), Medtronic plc. (U.S.), Tecan Group Ltd. (Switzerland), Intuitive
Surgical, Inc. (U.S.), Stryker Corporation (U.S.), Accuray Incorporated (U.S.),
Danaher Corporation (U.S.), and Swisslog Holding AG (Switzerland)
