medical automation technologies market product overview and upcoming trends forecast to 2023

The medical automation technologies market size Research Report Forecast 2020 is a valuable source of insightful data for business strategists.

Market Research Future published a research report on Medical Automation Market Research Report — Global Forecast till 2023. Report gives a clear picture of current market scenario which includes past and estimated future market size.

Medical Automation Market Estimated to rise at 7% CAGR between 2017 and 2023 due to Growth in Pharmaceutical & Biotechnology Sector

Automation has drastically changed medical operations over the years, and Medical Automation market Industry Research Report — Global Forecast till 2023 has witnessed substantial growth in the recent past. The global medical automation market is projected to grow at a promising CAGR of 7.0% over the forecast period of 2014 to 2023, reveals a study by Market Research Future (MRFR).

Market Overview

The medical automation market has been on the rise over the past few years. Based on the MRFR analysis, the market is projected to reach USD 42,284.6 million by 2023 at a healthy CAGR of around 7.00%. The global market was valued at USD 26,332.7 million in 2016. The global market for medical automation is expected to grow at an exponential rate owing to the growing biotechnology and pharmaceutical sector and rising demands for robotic surgery. Majority of market players are focusing on the development of new products and product expansion in the emerging markets.

Segmental Analysis

The global medical automation market has been segmented into end users, type, and lastly, region. Based on end users, this market has been segmented into home/ambulatory care settings, hospitals & diagnostic centers, pharmacies, and research labs & institutes. By type, the market has been segmented into diagnostic & monitoring automation, lab & pharmacy automation, medical logistics & training, and therapeutic automation.

Medical Automation Market: Information by Type (Medical Logistics & Training (Logistic Automation, and Trainers), Lab & Pharmacy Automation, Therapeutic Automation (Non-Surgical and Surgical), and Diagnostic & Monitoring Automation (Automated Monitoring, Point-of-Care Testing, and Automated Image Analysis)), by End User (Hospitals & Diagnostic Centers, Pharmacies, Research labs & Institutes, and Others) and Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa) — Forecast till 2023

Leading Market Players

The key players in the global medical automation market include Accuray Incorporated (USA), Danaher (USA), General Electric (USA), Koninklijke Philips N.V. (the Netherlands), Medtronic (USA), Siemens AG (Germany), and Stryker (USA).

Who has ability to hinder the market growth?

With the growing advancement in the technology the costing of the products is increasing, which is has suppressed the growth of the market. For instance, According to the Economic Cycle Research Institute in 2015, the average quoted prices of da Vinci robot models was estimated to range from USD 0.91 million to USD 2.31 million

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Related posts:

Ya han pasado varios días desde que empezamos el año. Ya pasó ese momento en el que, al menos la mayoría de las personas, pensamos y reflexionamos en lo que hicimos bien y mal el año pasado, y…

Em 1891 Machado de Assis fez o lançamento do livro Quincas Borba que faz parte do romantismo , o qual fez sucesso e até hoje é recomendado para as escolas.Primeiramente o livro foi escrito em…

But the day of the Lord will come as a thief in the night, in which the heavens will pass away with a great noise, and the elements will melt with fervent heat; both the earth and the works that are…