Global medical automation market is expected to reach USD 93,734.64 million by 2028 from USD 44,864.14 million in 2020, growing with a CAGR of 9.8% in the forecast period of 2021 to 2028. Growing number of surgical procedures and pandemic outbreak of COVID-19 is anticipated to drive the growth of the market.
Medical Automation business report gives explanation about the vital developments in the market which range from the crucial improvements of the market, containing research and development, new item dispatch, pronouncement, coordinated efforts, associations, joint aspire, and territorial development of the key rivals working in the market on a global and local scale. Furthermore, the report also estimates essential market features that comprises of revenue (USD), price (USD), capacity utilization rate, production value, production rate, consumption, import-export, supply-demand analysis, cost, market share, gross margin and market CAGR value. Such a wide range of market parameters make an international Medical Automation market research report outperforming.
A high-ranking Medical Automation market analysis report will give a clear and precise idea to the readers about the overall market to take beneficial decisions. Research studies performed by professional experts in their domains strive hard to make this market report successful. The number of companies, both large and small scale, has grown significantly over the past few years, opting to invest seriously in the MEDICAL DEVICES industry. This market research report also contains a chapter on companies which includes their profiles. Furthermore, it presents global market by regions, market share and revenue and sales for the projected period. Transparent research method carried out with accurate tools and techniques makes Medical Automation market report superlative.
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On the basis of component, global medical automation market is segmented into equipment, software and services. In 2022, equipment segment is dominating the market and is growing with the CAGR of 9.9% in the forecast period of 2023-2030 due to growing number of hospitals, which are significantly affecting on further growing demand of equipment.
On the basis of type, global medical automation market is segmented into automated prescription formulation and dispensing, automated health assessment and monitoring, automated imaging and image analysis, automated healthcare logistics, resource and personnel tracking, medical robotics and computer-assisted surgical devices, automated therapeutic (nonsurgical) procedures, automated laboratory testing and analysis. In 2022, automated therapeutic (nonsurgical) procedures segment is dominating the market and is growing with the CAGR of 9.00% in the forecast period of 2023-2030 due to because of the rising number of diabetic as well as cardiac patients requiring automated therapeutic devices like insulin pumps and defibrillators for their treatment.
On the basis of application, global medical automation market is segmented into diagnostics & monitoring, therapeutics, lab & pharmacy automation, medical logistics & training and others. In 2022, therapeutics segment is dominating the market and is growing with the CAGR of 10.5% in the forecast period of 2023-2030 because of the increased demand of therapeutics interventions due to the surging cases of chronic disease and advancement in technologies.
On the basis of connectivity, global medical automation market is segmented into wired and wireless. In 2022, wired segment is dominating the market and is growing with the CAGR of 8.70% in the forecast period of 2023-2030 because of the availability of broad product range in this segment.
On the basis of end use segment, global medical automation market is segmented into hospitals, diagnostic center, pharmacies, research labs & institutes, homecare, specialty clinics, ambulatory surgical centers (ASCs). In 2022, hospitals segment is dominating the market and is growing with the CAGR of 12.2% in the forecast period of 2023-2030, as it is the prime location visited by patients for diagnosis and treatment of any chronic disease or emergency case.
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Medical automation market is analysed and market size information is provided by the country, component, type, application, connectivity, end user and distribution channel as referenced above.
The countries covered in the medical automation market report U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Turkey, Poland, Hungary, Lithuania, Austria, Ireland, Norway, Rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Vietnam, Philippines, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.
Some of the key questions answered in this report:
· How has the Global Medical Automation Market performed so far and how will it perform in the coming years?
· What has been the impact of COVID-19 on the Medical Automation Market?
· What are the key regional markets?
· What is the breakup of the market based on the procedure?
· What is the breakup of the market based on the injury location?
· What is the breakup of the market based on the end user?
· What are the various stages in the value chain of the industry?
· What are the key driving factors and challenges in the industry?
· What is the structure of the Medical Automation and who are the key players?
· What is the degree of competition in the industry?
Key Pointers Covered in Medical Automation Market Industry Trends and Forecast
· Market Size
· Market New Sales Volumes
· Market Replacement Sales Volumes
· Market By Brands
· Market Procedure Volumes
· Market Product Price Analysis
· Market Regulatory Framework and Changes
· Market Shares in Different Regions
· Recent Developments for Market Competitors
· Market Upcoming Applications
· Market Innovators Study
Medical automation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to medical automation market.
Major Key Player Medical Automation Market
Some of the major players operating in the global medical automation market are Brainlab AG, eScreen (a subsidiary of Abbott), QMeds Inc., HollySys Asia Pacific Pte Ltd., SP Automation & Robotics, Asahi Kasei Medical Co., Ltd. (a subsidiary of Asahi Kasei Corporation), Asteres Inc., ARxIUM, MedAvail Technologies, Inc., Stereotaxis, Inc., Parata Systems, LLC, 3M, Accuray Incorporated, Intuitive Surgical, Medtronic, Stryker, Cardinal Health, Omnicell, Inc., STANLEY Healthcare, Leica Biosystems Nussloch GmbH (a subsidiary of Danaher), McKesson Corporation, BD, Baxter, iCAD Inc., Tecan Trading AG, Siemens Healthcare GmbH, Koninklijke Philips N.V., GE Healthcare and Johnson & Johnson Services, Inc. among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
MAJOR TOC OF THE REPORT
Ø Chapter One: Intoduction
Ø Chapter Two: Market Dynamics
Ø Chapter Three: Market Scope
Ø Chapter Four: Market share Analysis
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