Medical automation market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 150.48 billion by 2027 growing at a CAGR of 8.3% in the above-mentioned forecast period.
Advancement & development in the automation technology and rising demand for accuracy & reproducibility is expected to enhance the market growth. Some of the factors such as increasing government initiatives to enhance medical automation, high labor cost to enhance pharmacy automation, increasing investment by various manufacturers to enhance automated medical devices and rising cases of chronic diseases are the factors which will affect the growth of this market.
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Key Market Competitors: Global Medical Automation Market
The major players covered in the medical automation market report are Koninklijke Philips N.V., Siemens Healthcare Private Limited, GENERAL ELECTRIC COMPANY, Medtronic, Tecan Trading AG, Intuitive Surgical., Stryker, Danaher, Swisslog Holding AG, Parata Systems, Stanley Black & Decker, Inc, F. Hoffmann-La Roche Ltd, Asahi Kasei Corporation., Omnicell, Inc., Beckman Coulter, Inc., among other domestic and global players.
Segmentation: Global Medical Automation Market
- By Application (Diagnostics & Monitoring, Therapeutics, Lab & Pharmacy Automation, Medical Logistics & Training)
- By End- Users (Hospitals and Diagnostic Centers, Pharmacies, Research Labs & Institutes, Home/Ambulatory Care Settings & Others)
- By Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland)
Focus of the report
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Historical and current market size and projection up to 2026.
- Detailed overview of parent market
- Changing market dynamics of the industry
Reasons to Purchase this Report
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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