Medical Automation Market to Gain from Rising Adoption Rate of Devices The market to Grow at 7%. Leading Players profiled in this report are Danaher Corporation, Koninklijke Philips N.V., Siemens AG, Stryker Corporation, Intuitive Surgical Inc., GE Healthcare, Swisslog Holding AG, Medtronic Plc., Tecan Group Ltd., and Accuray Inc.
Several technological developments in the recent years has led to the advent of automation in the medical sector. This has minimized the human intervention in crucial surgeries and excludes the chances of human errors. These solutions have demonstrated to be more efficient and flexible while improving turnaround times, reducing errors, and cutting costs. For instance, CAS has automated operations related to web-based applications, which can be used a number of users and therefore, increasing the proficiency of customers’ websites for accepting their daily orders.
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The Global Medical Automation Market size is projected to grow at a Healthy Growth rate. The growing number of accidents among both developed countries and emerging countries. The increasing prevalence of chronic diseases is a major driving factor for the medical automation market.
The global medical automation provides segmentations based on end users’ hospitals, pharmacies, and research labs. It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges. North American region held the highest market share and is exhibiting to be the fastest growing market.
The competitive landscape of the global implants market has demonstrated the presence of key players such as Danaher Corporation, Koninklijke Philips N.V., Siemens AG, Stryker Corporation, Intuitive Surgical Inc., GE Healthcare, Swisslog Holding AG, Medtronic Plc., Tecan Group Ltd., and Accuray Inc. amongst others. ADVIA Automation Solutions launched by Siemens AG has maximized lab productivity by extending its capacity and also enhancing its overall management system. It aids practitioners assess test screenings, diagnosis, prognosis, and monitoring of most complicated diseases.
The rising occurrences of chronic diseases has resulted in the demand for more sophisticated treatment solutions, thus boosting the market growth. However, research has demonstrated greater number of deaths in low-income sectors of the society due to the unaffordability of these services and is hampering the market’s growth. The health care research funding has up-surged recently and is bringing in new hopes to deliver cost-effective solutions to the poorer sections of the society.
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Medical Automation Market – By Type
• Diagnostic and Monitoring Automation
• Therapeutic Automation
• Lab & Pharmacy Automation
• Medical Logistics & Training
Medical Automation Market – By End Users
• Research Labs
Medical Automation Market – By Region
• North America
• Rest of North America
• The UK
• Rest of Europe
• Asia Pacific
• Southeast Asia
• Rest of Asia Pacific
• Middle East and Africa
• GCC Countries
• Southern Africa
• Rest of Middle East and Africa
• Latin America
• Rest of Latin America
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The recent years has witnessed extraordinary alteration in terms of medical informatics and the investigations done in medical rapid prototyping (medical RP) in terms of reverse engineering (RE) and medical imaging data have designed few of the most advanced custom-made (personalized) medical applications of the age. The current state-of-the-art medical RP has presented to mitigate the challenges faced by practitioner by traditional systems. Medical automation has already propelled in the fields of dental surgery, neurosurgery, orthopedics, orthosis and tissue engineering. Hospitals are now surrounded by lifesaving machines and devices, which can be activated only by the press of a button or turning a knob.