The global medical automation market size was USD 27.19 Billion in 2022 and is expected to register a rapid revenue CAGR of 9.7% during the forecast period. Increasing Research Development (RD) investments, rising adoption of automated instruments by pharmaceutical companies and demand for surgical procedures, and technological advancements such as robotics, Artificial Intelligence (AI), and Internet of Things (IoT) coupled with automation, are key factors driving market revenue growth.
When accessing the major driving forces shaping the progress of the Medical Automation industry the researchers also focus on the growth of the customer base in various emerging regions. Advantages offered by the products such as improved shelf life as well as durability and how they are impacting the development of the industry are also assessed during the research. While examining the major restricting factors researchers make an attempt to analyse the strict environmental regulations affecting the market.
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Key companies operating in the Medical Automation market include:
Zimmer Biomet, Danaher Corporation, Koninklijke Philips N.V., Stryker Corporation, Intuitive Surgical, Inc., GE Healthcare, Swisslog Holding AG, Medtronic Plc., Tecan Group Ltd., and Accuray, Inc
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Medical Automation market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Medical Automation Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Medical Automation Market Segmentation:
Component Outlook (Revenue, USD Billion; 2019-2032)
- Equipment
- Capital equipment
- Consumables
- Software
- Services
Application Outlook (Revenue, USD Billion; 2019-2032)
- Imaging
- Therapeutic
- Laboratory and pharmacy
- Informatics
- Medical software
- Others
Type Outlook (Revenue, USD Billion; 2019-2032)
- Computed Tomography (CT)
- Ultrasound
- Magnetic Resonance Imaging (MRI)
- C-arm system
- Automated imaging
- Sample preparation
- Others
Medical Automation Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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