Global Medical Automation Market to 2027 - Analysis and Forecasts by Leading Players Tecan Trading AG, Intuitive Surgical, Swisslog Holding, Accuray, Medtronic, Stryker, Siemens AG, Koninklijke Philips
The key players operating in the medical automation market include, Koninklijke Philips N.V., Siemens AG, GENERAL ELECTRIC, Medtronic, Stryker, Danaher, Accuray Incorporated, Swisslog Holding Ltd., Intuitive Surgical, Inc, and Tecan Trading AG.
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The medical industry is on the cusp of technological revolution and medical automation is the new frontier in diagnosis, surgeries and other medical procedures. Software and robots are infinitely better at executing certain crucial medical tasks like administering anesthesia. With the rapidly evolving technology, 22% of the work currently done by medical personnel could be automated. This could enhance the healthcare quality and with rise adoption of medical automation, scarcity of skilled labor is estimated to gradually subside.
The medical automation market is anticipated to grow in the forecast period owing to key factors such as growing need for reproducibility and accuracy, shortage of skilled workforce,
rising labor costs, technological advancements in medical devices industry, rising government support for medical automation, and investments by private market players and collaborations to promote automated medical devices. However, stringent regulatory framework, and high cost of the automated medical devices, hampers growth of this market.
The "Global Medical Automation Market Analysis to 2027" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global medical automation market with detailed market segmentation by type, end user and geography. The global medical automation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading medical automation market players and offers key trends and opportunities in the market.
The global medical automation market is segmented on the basis of type, and end user. Based on type, the medical automation market is segmented into diagnostic & monitoring automation, therapeutic automation, lab & pharmacy automation, medical logistics & training. The end user segment consists of hospitals and diagnostic centers, pharmacies, research labs & institutes, home/ambulatory care settings.
North America is expected to contribute to the largest share in the medical automation market in the forecast period, due to sophisticated healthcare infrastructure in the U.S., presence of large number of well-established market players in the U.S. and growing pushing the demand for automated services. However, Asia Pacific region is expected to be the fastest growing region owing to growing medical tourism sector in countries like Thailand, Malaysia, India, Singapore and others, presence of large patient population and rising awareness amongst patients for automated services.
The report analyzes factors affecting medical automation market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the medical automation market in these regions.
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3. RESEARCH METHODOLOGY
4. MEDICAL AUTOMATION MARKET LANDSCAPE
4.1. MARKET OVERVIEW
4.2. PEST ANALYSIS
4.2.1. North America - PEST Analysis
4.2.2. Europe - PEST Analysis
4.2.3. Asia Pacific - PEST Analysis
4.2.4. Middle East & Africa - PEST Analysis
4.2.5. South and Central America - PEST Analysis
5. MEDICAL AUTOMATION MARKET- KEY INDUSTRY DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MEDICAL AUTOMATION MARKET- GLOBAL ANALYSIS
6.1. MEDICAL AUTOMATION MARKET - GLOBAL MARKET OVERVIEW
6.2. MEDICAL AUTOMATION MARKET - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/ MARKET SHARE OF KEY PLAYERS
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