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Medical Automation-Global Market Insights and Sales Trends 2024
Synopsis
The growth of the overall medical automation market is driven by factors such as growing need for reproducibility and accuracy during medical procedures, rising labor costs, technological advancements in automation solutions, and rising government financial support for life science research.
The global Medical Automation market size is expected to reach US$ 65790 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of Medical Automation in various end use industries. The expanding demands from the Hospital, Diagnostic Center, Research Institute and Home/Ambulatory Care, are propelling Medical Automation market. Diagnostics & Monitoring Automation, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Therapeutics Automation segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Automation, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Automation market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Automation market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Automation sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Automation covered in this report include Koninklijke Philips, Siemens, General Electric, Medtronic, Tecan Group, Intuitive Surgical, Stryker, Accuray and Danaher, etc.
The global Medical Automation market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Koninklijke Philips
Siemens
General Electric
Medtronic
Tecan Group
Intuitive Surgical
Stryker
Accuray
Danaher
Swisslog Holding
Global Medical Automation market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Automation market, Segment by Type:
Diagnostics & Monitoring Automation
Therapeutics Automation
Lab & Pharmacy Automation Automation
Medical Logistics & Training Automation
Global Medical Automation market, by Application
Hospital
Diagnostic Center
Research Institute
Home/Ambulatory Care
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Medical Automation companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The growth of the overall medical automation market is driven by factors such as growing need for reproducibility and accuracy during medical procedures, rising labor costs, technological advancements in automation solutions, and rising government financial support for life science research.
The global Medical Automation market size is expected to reach US$ 65790 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of Medical Automation in various end use industries. The expanding demands from the Hospital, Diagnostic Center, Research Institute and Home/Ambulatory Care, are propelling Medical Automation market. Diagnostics & Monitoring Automation, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Therapeutics Automation segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Automation, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Medical Automation market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Medical Automation market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Automation sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Medical Automation covered in this report include Koninklijke Philips, Siemens, General Electric, Medtronic, Tecan Group, Intuitive Surgical, Stryker, Accuray and Danaher, etc.
The global Medical Automation market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Koninklijke Philips
Siemens
General Electric
Medtronic
Tecan Group
Intuitive Surgical
Stryker
Accuray
Danaher
Swisslog Holding
Global Medical Automation market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Medical Automation market, Segment by Type:
Diagnostics & Monitoring Automation
Therapeutics Automation
Lab & Pharmacy Automation Automation
Medical Logistics & Training Automation
Global Medical Automation market, by Application
Hospital
Diagnostic Center
Research Institute
Home/Ambulatory Care
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Medical Automation companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Medical Automation
1.1 Medical Automation Market Overview
1.1.1 Medical Automation Product Scope
1.1.2 Medical Automation Market Status and Outlook
1.2 Global Medical Automation Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Medical Automation Market Size by Region (2018-2029)
1.4 Global Medical Automation Historic Market Size by Region (2018-2023)
1.5 Global Medical Automation Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Medical Automation Market Size (2018-2029)
1.6.1 North America Medical Automation Market Size (2018-2029)
1.6.2 Europe Medical Automation Market Size (2018-2029)
1.6.3 Asia-Pacific Medical Automation Market Size (2018-2029)
1.6.4 Latin America Medical Automation Market Size (2018-2029)
1.6.5 Middle East & Africa Medical Automation Market Size (2018-2029)
2 Medical Automation Market by Type
2.1 Introduction
2.1.1 Diagnostics & Monitoring Automation
2.1.2 Therapeutics Automation
2.1.3 Lab & Pharmacy Automation Automation
2.1.4 Medical Logistics & Training Automation
2.2 Global Medical Automation Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Medical Automation Historic Market Size by Type (2018-2023)
2.2.2 Global Medical Automation Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Medical Automation Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Medical Automation Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Medical Automation Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Medical Automation Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Medical Automation Revenue Breakdown by Type (2018-2029)
3 Medical Automation Market Overview by Application
3.1 Introduction
3.1.1 Hospital
3.1.2 Diagnostic Center
3.1.3 Research Institute
3.1.4 Home/Ambulatory Care
3.2 Global Medical Automation Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Medical Automation Historic Market Size by Application (2018-2023)
3.2.2 Global Medical Automation Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Medical Automation Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Medical Automation Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Medical Automation Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Medical Automation Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Medical Automation Revenue Breakdown by Application (2018-2029)
4 Medical Automation Competition Analysis by Players
4.1 Global Medical Automation Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Medical Automation as of 2022)
4.3 Date of Key Players Enter into Medical Automation Market
4.4 Global Top Players Medical Automation Headquarters and Area Served
4.5 Key Players Medical Automation Product Solution and Service
4.6 Competitive Status
4.6.1 Medical Automation Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Koninklijke Philips
5.1.1 Koninklijke Philips Profile
5.1.2 Koninklijke Philips Main Business
5.1.3 Koninklijke Philips Medical Automation Products, Services and Solutions
5.1.4 Koninklijke Philips Medical Automation Revenue (US$ Million) & (2018-2023)
5.1.5 Koninklijke Philips Recent Developments
5.2 Siemens
5.2.1 Siemens Profile
5.2.2 Siemens Main Business
5.2.3 Siemens Medical Automation Products, Services and Solutions
5.2.4 Siemens Medical Automation Revenue (US$ Million) & (2018-2023)
5.2.5 Siemens Recent Developments
5.3 General Electric
5.3.1 General Electric Profile
5.3.2 General Electric Main Business
5.3.3 General Electric Medical Automation Products, Services and Solutions
5.3.4 General Electric Medical Automation Revenue (US$ Million) & (2018-2023)
5.3.5 Medtronic Recent Developments
5.4 Medtronic
5.4.1 Medtronic Profile
5.4.2 Medtronic Main Business
5.4.3 Medtronic Medical Automation Products, Services and Solutions
5.4.4 Medtronic Medical Automation Revenue (US$ Million) & (2018-2023)
5.4.5 Medtronic Recent Developments
5.5 Tecan Group
5.5.1 Tecan Group Profile
5.5.2 Tecan Group Main Business
5.5.3 Tecan Group Medical Automation Products, Services and Solutions
5.5.4 Tecan Group Medical Automation Revenue (US$ Million) & (2018-2023)
5.5.5 Tecan Group Recent Developments
5.6 Intuitive Surgical
5.6.1 Intuitive Surgical Profile
5.6.2 Intuitive Surgical Main Business
5.6.3 Intuitive Surgical Medical Automation Products, Services and Solutions
5.6.4 Intuitive Surgical Medical Automation Revenue (US$ Million) & (2018-2023)
5.6.5 Intuitive Surgical Recent Developments
5.7 Stryker
5.7.1 Stryker Profile
5.7.2 Stryker Main Business
5.7.3 Stryker Medical Automation Products, Services and Solutions
5.7.4 Stryker Medical Automation Revenue (US$ Million) & (2018-2023)
5.7.5 Stryker Recent Developments
5.8 Accuray
5.8.1 Accuray Profile
5.8.2 Accuray Main Business
5.8.3 Accuray Medical Automation Products, Services and Solutions
5.8.4 Accuray Medical Automation Revenue (US$ Million) & (2018-2023)
5.8.5 Accuray Recent Developments
5.9 Danaher
5.9.1 Danaher Profile
5.9.2 Danaher Main Business
5.9.3 Danaher Medical Automation Products, Services and Solutions
5.9.4 Danaher Medical Automation Revenue (US$ Million) & (2018-2023)
5.9.5 Danaher Recent Developments
5.10 Swisslog Holding
5.10.1 Swisslog Holding Profile
5.10.2 Swisslog Holding Main Business
5.10.3 Swisslog Holding Medical Automation Products, Services and Solutions
5.10.4 Swisslog Holding Medical Automation Revenue (US$ Million) & (2018-2023)
5.10.5 Swisslog Holding Recent Developments
6 North America
6.1 North America Medical Automation Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Medical Automation Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Medical Automation Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Medical Automation Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Medical Automation Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Medical Automation Market Dynamics
11.1 Medical Automation Industry Trends
11.2 Medical Automation Market Drivers
11.3 Medical Automation Market Challenges
11.4 Medical Automation Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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