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Global Medical Automation Technologies Market Set to Surge at 10.5% CAGR through 2030, Led by Rising Demand for Minimally Invasive Surgeries and Advancements in Medical Robotics

05-22-2024 02:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo


The global Medical Automation Technologies market is set to expand at a compound annual growth rate (CAGR) of 10.5% from 2022 to 2030, according to a recent report published by Dataintelo. The surge in the market growth is primarily owing to the escalating demand for minimally invasive surgeries, the burgeoning geriatric populace, and the breakthrough advancements in medical automation technologies.

The report highlights that the Medical Robotics segment is set for the fastest growth during the forecast period. This rapid expansion can be credited to the growing demand for surgical robots. Their unique advantages such as precision, dexterity, and quicker surgery times make them increasingly popular in the medical community. Moreover, the computer-assisted surgical devices segment is also expected to witness substantial growth over the forecast period. This growth is driven by the mounting demand for technologically superior devices that offer flawless accuracy and precision during surgeries.

Focusing on the application of these technologies, hospitals are predicted to hold the largest share of the global medical automation technologies market in 2022. This trend underlines the increasing emphasis on precision and efficiency in healthcare delivery models, as medical institutions continue to adopt and integrate innovative technological solutions. This is expected to lead to improved patient outcomes, driving the global medical automation technologies market forward in the years to come

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The medical automation technologies market has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— Medical Robotics
โ— Computer-Assisted Surgical Devices
โ— Lab & Pharmacy Automation
โ— Therapy Automation

โ— Hospitals
โ— Clinics
โ— Research Institutes
โ— Ambulatory Care Centers

โ— Hospitals & Diagnostic Centers
โ— Pharmacies
โ— Medical Device Manufacturers
โ— Research Laboratories

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— Medtronic
โ— GE Healthcare
โ— Siemens Healthineers
โ— Swisslog
โ— Tecan Group
โ— Stryker

Segment Analysis:

The medical automation technologies market is divided into several categories based on type, application, end-user, and key players. The type segment includes medical robotics, computer-assisted surgical devices, lab & pharmacy automation, and therapy automation. Medical robotics and computer-assisted surgical devices form a substantial part of the market, as they have played a significant role in streamlining surgeries and making surgical procedures more precise. Lab & pharmacy automation technologies are used to increase efficiency, with machines performing tasks such as dispensing medication or running tests that were once done manually. Meanwhile, therapy automation is gaining popularity with advancements in technologies that help deliver therapies with greater accuracy and consistency.

With regards to application segmentation, this market is divided into hospitals, clinics, research institutes, and ambulatory care centers. The end-user segment consists of hospitals & diagnostic centers, pharmacies, medical device manufacturers, and research laboratories. The key players in the market include Medtronic, GE Healthcare, Siemens Healthineers, Swisslog, Tecan Group, and Stryker. These leaders exercise considerable influence over the market, shaping trends and driving innovation in the field of medical automation technologies.

Regional Analysis:

Regionally, the medical automation technologies market is analyzed across Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. North America is expected to hold a significant market share due to advancements in technology, increased acceptance of automated processes, and a strong presence of leading market players. The Asia Pacific market, meanwhile, is likely to experience considerable growth due to increasing healthcare expenditure, growing demand for advanced technologies, and population aging.

Europe's market is also anticipated to witness substantial growth due to the region's strong emphasis on research and development activities, as well as its keenness to adopt new technologies. Latin America and the Middle East & Africa, though still developing, present promising potential for the market, thanks to improving healthcare infrastructure, increasing investments in the medical sector, and a growing awareness of the benefits of automation in healthcare

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @

Market Drivers for Medical Automation Technologies Market:

1. Increase in Chronic Diseases: The rising prevalence of chronic diseases like cancer, diabetes, and cardiovascular diseases increases the need for accuracy and efficiency in diagnostics and treatment, driving the demand for medical automation technologies.

2. Technological Advancements: The advancement in technology such as AI and machine learning, robotics, and big data analytics are major contributing factors propelling demand for medical automation technologies.

3. Rising Healthcare Costs: Increased healthcare expenditure leads to the need for cost-effective solutions and efficient healthcare services, creating a surge in demand for automated services.

4. Labour Shortages: The lack of skilled healthcare professionals, such as doctors and nurses, is driving increased demand for automation technologies in the medical field.

5. Demographical Changes: The global ageing population and the subsequent increase in age-related illnesses further necessitate the need for medical automation technologies.

Opportunities for Medical Automation Technologies Market:

1. Telemedicine: Telemedicine presents vast opportunities in the medical automation technology market. It enables remote patient monitoring and virtual consultations, leading to enhanced patient care.

2. Personalized Medicine: With the increase in genome mapping and personalized diagnostic tools, opportunities for integrating automation technologies in custom treatment plans are vast.

3. Lab Automation: Automating laboratory procedures can significantly reduce human error, provide faster results, and manage a larger population, thus providing tremendous opportunities in this field.

4. Emerging Markets: Developing nations present considerable opportunities due to their growing healthcare infrastructure and increasing public-private investments in healthcare.

5. Research & Development: Automation in clinical trials and new drug discovery can fast-track the approval process and reduce the cost of R&D in the pharmaceutical sector.

6. Home Healthcare: With the trend of home healthcare increasing, opportunities for integrating automation technologies in home-use medical devices and health monitoring systems are significant

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ:

This report should be purchased by businesses, corporations, market research agencies, consulting firms, startups, government agencies, and academic institutions. Additionally, it can be beneficial for investors, industry specialists, strategic planners, global manufacturers, business executives and marketing professionals looking for deep, data-driven insights to inform their strategies.

Dataintelo is a leading provider of market research reports. Here are some of the reasons why they stand out:

1. High-quality Reports: Dataintelo provides comprehensive and high-quality market research. Their reports are based on extensive primary and secondary research methods.

2. Broad Coverage: Dataintelo covers a wide range of industries including technology, healthcare, retail, energy, and many more.

3. Expert Analysis: Their reports are prepared by analysts who are experts in their respective fields. They identify key market trends, challenges, growth opportunities, and they provide a thorough analysis of the competitive landscape.

4. Custom Research: Dataintelo provides customized research services to cater to clients' specific needs.

5. Timely Updates: The company regularly updates its reports as per the latest market trends and changes in the external industry environment.

6. Trusted by Global Clients: Dataintelo has a solid record of serving Fortune 500 companies and various other top market players. Therefore, customers trust the data and insights provided by Dataintelo.

7. User Friendly: The reports contain easy-to-understand graphics, charts, and tables that present information in a manner that is easy to comprehend and act upon.

8. Post Purchase Support: Their relationship with the client does not end after the purchase. They offer post purchase support and are always available to assist their customers

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๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

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