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Medical Automation Market is projected to grow at a CAGR of 7.0% during the forecast period -Worldwide Forecast till 2023

Press release   •   Feb 12, 2019 08:30 EST

The “ Global Medical Automation Market” is an in depth study analyzing the current state and forecast 2018-2025. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Global Medical Automation Market provides analysis of market covering the industry trends, recent developments in the market and competitive landscape. Competitive analysis includes competitive information of leading players in market, their company profiles, product portfolio, capacity, production, and company financials. In addition, report also provides upstream raw material analysis and downstream demand analysis along with the key development trends and sales channel analysis. Research study on Global Medical Automation Market discusses the opportunity areas for investors.

The report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

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Medical Automation Market Research Report: By Type (Diagnostic and Monitoring Automation, Therapeutic Automation, Lab & Pharmacy Automation, Medical Logistics & Training), By End Users (Hospitals, Pharmacies, Research Labs) – Global Forecast till 2023

Market analysis
Lately, different mechanical headways prompted the automation of the healthcare sector which has empowered the controlled utilization of healthcare systems and related innovations. This has reduced the requirement for human labor in the generation of products and services. Expanding pervasiveness of the chronic diseases like diabetes, cancer and others alongside the developing pharmaceutical and biotechnology industry are the significant drivers for the market development of the global medical automation market amid the forecast period. The growing demand for robotic surgeries is also boosting the growth of the market. Besides, it is recommended that blood transfusion rates amid robotic medical procedures are insignificant when contrasted with the open medical procedure blood transfusion rates that might be up to 40%. However, the higher automation costs, improper training of the physicians and the risks of performing robotic surgeries are hampering the market growth. 

The global medical automation market is projected to grow at a CAGR of 7.0% during the forecast period (2017-2023).

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Market segmentation
The global medical automation market is distinguished on the basis of its end users and type. Based on its end users, the market is sectioned into pharmacies, research labs & institutes, hospitals, and diagnostic centers, research labs & institutes, among others. On the basis of its type, the global medical automation market is classified into therapeutic automation, diagnostic & monitoring automation, medical logistics & training, lab & pharmacy automation, and others.

Regional analysis
Geographically, the global medical automation market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players
The major industry players included in the global medical automation market are Siemens AG, Koninklijke Philips N.V., GENERAL ELECTRIC, Accuray Incorporated, Medtronic, Stryker, Danaher, among others.

Available Customizations:

With the given market data, Ameco Research offers customizations according to the company's specific needs. The following customization options are available for the report: Regional and country-level analysis of the Medical Automation Market, by end-use in detailed analysis and profiles of additional market players.

Few Major Points From Table Of Contents:

Medical Automation Market- Global Forecast 2023

1 Report Prologue

2 Market Introduction

3 Research Methodology

4 Market Dynamics

5 Market Factor Analysis

6 Global Medical Automation Market, By Type

7 Global Medical Automation Market, By End User

8 Global Medical Automation Market, By Region

9 Competitive Landscape

10 Company Profiles

11 Appendix

12 Conclusion

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