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Medical Automation Market - Indepth Analysis with Booming Trends Supporting Growth and Forecasts to 2027 Lead by Medtronic, Stryker, Danaher, Accuray Incorporated, Swisslog Holding, Intuitive Surgical
Medical Automation Market Outlook to 2027
Medical Automation Market to 2027 - Global Analysis and Forecasts by Type (Diagnostic & Monitoring Automation, Therapeutic Automation, Lab & Pharmacy Automation, Medical Logistics & Training) End User (Hospitals And Diagnostic Centers, Pharmacies, Research Labs & Institutes, Home/Ambulatory Care Settings), and Geography
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.
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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.
The report also includes the profiles of key medical automation companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Key Companies influencing the Medical Automation Market-
1. Koninklijke Philips N.V.
2. Siemens AG
3. GENERAL ELECTRIC
4. Medtronic
5. Stryker
6. Danaher
7. Accuray Incorporated
8. Swisslog Holding Ltd.
9. Intuitive Surgical, Inc.
10. Tecan Trading AG
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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 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.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Medical automation market based type and end user. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical automation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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