According to the new market research report "Medical Automation Market by Application (Diagnostics & Monitoring, Therapeutics, Lab & Pharmacy Automation, Medical Logistics & Training), End-User (Hospital, Diagnostic Center, Research Institute, Home/Ambulatory Care) - Global Forecast", published by MarketsandMarkets™, analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and the Rest of the world (RoW).
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The Research Report Studies the Global Medical Automation Market is expected to reach $ 55.03 Billion, at CAGR of 9.5%
On the basis of application, the market is divided into four major segments, namely, diagnostic and monitoring automation (automated imaging, automated image analysis, and point-of-care testing), therapeutic automation (non-surgical automation and surgical automation), laboratory and pharmacy automation (laboratory automation and pharmacy automation), and medical logistics and training (logistics automation and trainers). The therapeutic automation segment is estimated to hold the largest share of the global market.
Increasing application of automated devices (such as defibrillators, surgical robots, surgical navigation systems, and automated medication systems) in therapeutics and rising incidences of various chronic diseases are driving the growth of this market segment.
Browse and in-depth TOC on "Medical Automation Market"
94 - Tables
45 - Figures
175 – Pages
On the basis of end users, the global medical automation market is divided into four segments, namely, hospitals and diagnostic centers, pharmacies, research laboratories and institutes, and home/ambulatory care settings and other end users.
A number of factors such as rising government support for medical automation, growing need for reproducibility and accuracy during medical procedures, investments by venture capitalists and collaborations to promote automated medical devices, and technological advancements are fueling the demand for automation in the healthcare industry. Additionally, increasing use of automation in various research activities, rising cost of labor, and rising number of research studies in emerging nations are some other factors contributing to the growth of the market. On the other hand, stringency of regulatory procedures leading to delay in product launches and high cost of automated solutions are the key factors hampering the growth of the global medical automation market.
North America is estimated to hold the largest share of the global market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR of 11.6%. Presence of a large geriatric population; increasing prevalence of CVDs, diabetes, and cancer; rising number of clinical research activities; and growing government expenditure on healthcare and life sciences research are propelling the growth of the Asia-Pacific market.
Read the Press-Release of “Medical Automation Market”: https://www.marketsandmarkets.com/PressReleases/medical-automation-technologies.asp
Koninklijke Philips N.V. (Netherlands), Siemens AG, (Germany), General Electric Company (U.S.), Medtronic plc. (U.S.), Tecan Group Ltd. (Switzerland), Intuitive Surgical, Inc. (U.S.), Stryker Corporation (U.S.), Accuray Incorporated (U.S.), Danaher Corporation (U.S.), and Swisslog Holding AG (Switzerland) are some of the key players operating in the global medical automation market.
The Global Automation Instrumentation Market 2020-2026 study incorporates an exhaustive analysis of the general serious scene and the organization profiles of driving business sector players engaged with the global Automation Instrumentation market.
Further, the introduced study offers exact bits of knowledge relating to the different parts of the global Automation Instrumentation market, for instance, the market share, worth, income, and how each section is relied upon to reasonable post the COVID-19 pandemic.The report presents an inside and out analysis of the Automation Instrumentation which inquired about industry circumstances, market Size, development and requests, Automation Instrumentation market share, business techniques, serious analysis via Automation Instrumentation market merchants, improvement models, openings, future turn of events, esteem chain, significant makers profiles.
The report likewise presents gauges for Automation Instrumentation speculations.
The Global Automation Instrumentation Market research report provide the analysis of the market outlook, framework, and socio-economic impacts.Detailed TOC along with also Charts & Tables of Automation Instrumentation Market Research Report accessible at: https://www.futuristicreports.com/request-sample/60814Key Players Mentioned at the Automation Instrumentation Market Report:Honeywell InternationalEmersonYokogawaSiemensRockwellSchneiderABB Applications ChemicalOil and GasAutomativeTypesNetwork InstrumentationProgrammable InstrumentationOperating Systems InstrumentationRegional Or Country Level Customization : https://www.futuristicreports.com/customize-request/60814Automation Instrumentation Market: Regional analysis includes:Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)Europe (Turkey, Germany, Russia UK, Italy, France, etc.
)North America (the United States, Mexico, and Canada.
)The Middle East and Africa (GCC Countries and Egypt.
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