"To prosper in this competitive market place, businesses are highly benefited if they adopt innovative solutions such as Medical Automation Market research report. The data and information concerning the Medical Automation Market industry are derived from consistent sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. Moreover, Medical Automation Market report gives idea to clients about the market drivers and restraints with the help of SWOT analysis and also provides all the CAGR projections for the historic year 2021, base year 2022 and forecast period of 2023-2030.
With the help of market intelligence, industry experts assess strategic options, outline successful action plans and aid companies make critical bottom-line decisions. The finest Medical Automation Market business report makes knowledgeable about the market and competitive landscape which supports with enhanced decision making, better manage marketing of goods and decide market goals for better profitability. When this report goes along with right tools and technology, it helps tackle the uncertain challenges for the business. What is more, Medical Automation Market research report is a source which provides current as well as upcoming technical and financial details of the industry to 2030.
Data Bridge Market Research analyses that the medical automation market, valued at USD 44.44 billion in 2022, will reach USD 92.26 billion by 2030, growing at a CAGR of 9.56% during the forecast period of 2023 to 2030.
Explore Further Details about This Research Medical Automation Market Report https://www.databridgemarketresearch.com/reports/global-medical-automation-market
Medical Automation Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Component (Equipment, Software, Services), Type (Automated Prescription Formulation and Dispensing, Automated Health Assessment and Monitoring, Automated Imaging, Automated Healthcare Logistics, Resource and Personnel Tracking, Medical Robotics and Computer-Assisted Surgical Devices, Therapeutic Automation Market, Procedures and Automated Laboratory Testing and Analysis), Application (Diagnostics and Monitoring, Therapeutics, Lab and Pharmacy Automation, Medical Logistics and Training, Others), Connectivity (Wired, Wireless), Distribution Channel (Direct Tender, Retail Sales, Online Sales, Others), End User (Hospitals, Diagnostic Center, Pharmacies, Research Labs and Institutes, Homecare, Specialty Clinics, Ambulatory Surgical Centers (ASCS), Others) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered | Brainlab AG (Germany), Abbott (U.S.), QMeds Inc. (U.S.), HollySys Group (Singapore), SP Automation & Robotics (U.K.), Asahi Kasei Medical Co., Ltd. (Japan), Asteres Inc. (U.S.), ARxIUM (Canada), MedAvail Technologies, Inc. (U.S.), Stereotaxis, Inc. (U.S.), Parata Systems, LLC (U.S.), 3M (U.S.), Accuray Incorporated (U.S.), Intuitive Surgical (U.S.), Medtronic (Ireland), Stryker (U.S.), Cardinal Health (U.S.), Omnicell, Inc. (U.S.), Leica Biosystems Nussloch GmbH (Germany), BD (U.S.), Baxter (U.S.), iCAD Inc. (U.S.), Siemens Healthcare GmbH (Germany), Koninklijke Philips N.V. (Netherlands), GE Healthcare (U.S.), Johnson & Johnson Services, Inc. (U.S.) |
Market Opportunities |
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Market Definition
A technological system that automates some aspects of the workflows at healthcare organizations is referred to as a healthcare automation solution. Both clinical and non-clinical administrative tasks, such as billing, filing claims, making appointments, etc., fall under this category. By supporting technological developments and streamlining processes, automation helps to improve patient outcomes. Currently, text messages reminding patients of upcoming appointments are typical examples of healthcare automation.
Medical Automation Market Dynamics
Drivers
- Rising demand for surgical procedures drives the market
Patients undergo surgery to remove sick organs, treat wounds, get back to normal, reconstruct anatomical body parts, and more. Surgery can be done in a variety of ways. As the need for surgical procedures increases, so will the demand for automated medical devices. Surgical robots are service robots that assist surgeons during operations, now known as robot-assisted surgery (RAS) procedures. Not all surgical robots used in surgery are robots. Current surgeries use medical devices that fall under the definition of robots, such as robot-shaped operating tables or robotized microscopes.
- Increasing investment of medical automation can surge the market growth
Healthcare automation offers modern approaches to material handling, logistics, and hospital pharmacy automation. Labs and research facilities worldwide invest in healthcare automation to streamline procedures and boost overall work productivity. Increased automation adoption by pharmacies, labs, and research centers is anticipated to propel market growth over the forecast period. It enables research institutes to increase overall productivity in healthcare facilities, enhance experimental data quality, and shorten lab process cycle times.
Opportunities
- Growing support for healthcare organizations creates lucrative opportunities to grow
Government agencies like the Medicines and Healthcare Products Regulatory Agency are necessary for approving pharmacy automation systems and other devices in accordance with European standards, which is anticipated to create growth opportunities for this regional market in the coming years. As a result, it is anticipated that a rise in government and healthcare organizations' support for disease prevention will present a growth opportunity for the medical automation market during the forecast period.
- Rising chronic diseases create expansion
Chronic diseases are becoming more common, and automated diagnostic and therapeutic equipment is being used more frequently, which is driving market expansion. The increase in chronic diseases like bladder cancer, prostate cancer, and urinary blockages, among others. According to the World Health Organization (WHO), chronic illnesses account for about 60% of all fatalities and are one of the main causes of death globally. Cancer, a stroke, heart disease, diabetes, and respiratory issues are some of these conditions. Additionally, according to NCBI, 40.5% of Americans will have one or more cardiovascular disorders by 2030, expanding the market for this sector.
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Reasons to Consider This Report
- To understand the Global Medical Automation Market landscape and identify market segments that are most likely to guarantee a strong return
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- Obtain market revenue forecast for Medical Automation Market by various segments from 2022-2029 in regions.
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Medical Automation Market research report.
- Interaction with research scientists and development heads to understand the nature of the Medical Automation Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Medical Automation Market size
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