The global medical automation market is expected to grow at a CAGR of 7.2% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for minimally invasive surgeries and rising geriatric population. Diagnostics & Monitoring Automation segment accounted for the largest share in the global medical automation market in 2018, followed by Therapeutics Automation and Lab & Pharmacy Automation segments. Diagnostics & Monitoring Automation segment is expected to continue its dominance throughout the forecast period due to increasing demand for minimally invasive surgeries and rising geriatric population.
Some Of The Growth Factors Of This Market:
- The aging population is increasing the demand for medical automation.
- The increase in chronic diseases is driving the need for medical automation.
- Medical automation can reduce costs and improve efficiency in hospitals and clinics, which will drive growth of this market segment over the forecast period.
- Technological advancements are expected to drive growth of this market segment over the forecast period as well as increased adoption of robotic surgery procedures, which will lead to a reduction in surgical errors and improved patient outcomes, thereby reducing mortality rates and hospital readmissions rates.
- Increasing government funding for research on medical robotics is expected to fuel growth of this market segment over the forecast period.
Industry Growth Insights published a new data on “Medical Automation Market”. The research report is titled “Medical Automation Market research by Types (Diagnostics & Monitoring Automation, Therapeutics Automation, Lab & Pharmacy Automation Automation, Medical Logistics & Training Automation), By Applications (Hospital, Diagnostic Center, Research Institute, Home/Ambulatory Care), By Players/Companies Koninklijke Philips, Siemens, General Electric, Medtronic, Tecan Group, Intuitive Surgical, Stryker, Accuray, Danaher, Swisslog Holding”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Automation Market Research Report
By Type
Diagnostics & Monitoring Automation, Therapeutics Automation, Lab & Pharmacy Automation Automation, Medical Logistics & Training Automation
By Application
Hospital, Diagnostic Center, Research Institute, Home/Ambulatory Care
By Companies
Koninklijke Philips, Siemens, General Electric, Medtronic, Tecan Group, Intuitive Surgical, Stryker, Accuray, Danaher, Swisslog Holding
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Medical Automation Market Report Segments:
The global Medical Automation market is segmented on the basis of:
Types
Diagnostics & Monitoring Automation, Therapeutics Automation, Lab & Pharmacy Automation Automation, Medical Logistics & Training Automation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Diagnostic Center, Research Institute, Home/Ambulatory Care
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Koninklijke Philips
- Siemens
- General Electric
- Medtronic
- Tecan Group
- Intuitive Surgical
- Stryker
- Accuray
- Danaher
- Swisslog Holding
Highlights of The Medical Automation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diagnostics & Monitoring Automation
- Therapeutics Automation
- Lab & Pharmacy Automation Automation
- Medical Logistics & Training Automation
- By Application:
- Hospital
- Diagnostic Center
- Research Institute
- Home/Ambulatory Care
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Automation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical automation is a technology that helps doctors and nurses to perform tasks more quickly and accurately. It can include things like computerized medical records, electronic health records, or automated patient assessment tools.
Some of the major players in the medical automation market are Koninklijke Philips, Siemens, General Electric, Medtronic, Tecan Group, Intuitive Surgical, Stryker, Accuray, Danaher, Swisslog Holding.
The medical automation market is expected to grow at a compound annual growth rate of 7.2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Automation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Automation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Automation Market - Supply Chain
4.5. Global Medical Automation Market Forecast
4.5.1. Medical Automation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Automation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Automation Market Absolute $ Opportunity
5. Global Medical Automation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Automation Market Size and Volume Forecast by Type
5.3.1. Diagnostics & Monitoring Automation
5.3.2. Therapeutics Automation
5.3.3. Lab & Pharmacy Automation Automation
5.3.4. Medical Logistics & Training Automation
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Automation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Automation Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Diagnostic Center
6.3.3. Research Institute
6.3.4. Home/Ambulatory Care
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Automation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Automation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Automation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Automation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Automation Demand Share Forecast, 2019-2026
9. North America Medical Automation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Automation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Automation Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Diagnostic Center
9.4.3. Research Institute
9.4.4. Home/Ambulatory Care
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Automation Market Size and Volume Forecast by Type
9.7.1. Diagnostics & Monitoring Automation
9.7.2. Therapeutics Automation
9.7.3. Lab & Pharmacy Automation Automation
9.7.4. Medical Logistics & Training Automation
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Automation Demand Share Forecast, 2019-2026
10. Latin America Medical Automation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Automation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Automation Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Diagnostic Center
10.4.3. Research Institute
10.4.4. Home/Ambulatory Care
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Automation Market Size and Volume Forecast by Type
10.7.1. Diagnostics & Monitoring Automation
10.7.2. Therapeutics Automation
10.7.3. Lab & Pharmacy Automation Automation
10.7.4. Medical Logistics & Training Automation
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Automation Demand Share Forecast, 2019-2026
11. Europe Medical Automation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Automation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Automation Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Diagnostic Center
11.4.3. Research Institute
11.4.4. Home/Ambulatory Care
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Automation Market Size and Volume Forecast by Type
11.7.1. Diagnostics & Monitoring Automation
11.7.2. Therapeutics Automation
11.7.3. Lab & Pharmacy Automation Automaton
11.7.4. Medical Logistics & Training Automation
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Automation Demand Share, 2019-2026
12. Asia Pacific Medical Automation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Automation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Automation Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Diagnostic Center
12.4.3. Research Institute
12.4.4. Home/Ambulatory Care
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Automation Market Size and Volume Forecast by Type
12.7.1. Diagnostics & Monitoring Automation
12.7.2. Therapeutics Automation
12.7.3. Lab & Pharmacy Automation Automation
12.7.4. Medical Logistics & Training Automation
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Automation Demand Share, 2019-2026
13. Middle East & Africa Medical Automation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Automation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Automation Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Diagnostic Center
13.4.3. Research Institute
13.4.4. Home/Ambulatory Care
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Automation Market Size and Volume Forecast by Type
13.7.1. Diagnostics & Monitoring Automation
13.7.2. Therapeutics Automation
13.7.3. Lab & Pharmacy Automation Automation
13.7.4. Medical Logistics & Training Automation
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Automation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Automation Market: Market Share Analysis
14.2. Medical Automation Distributors and Customers
14.3. Medical Automation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Koninklijke Philips
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Medtronic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tecan Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Intuitive Surgical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stryker
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Accuray
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Danaher
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Swisslog Holding
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook