Medical Automation Market
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Global <strong>Medical</strong><br />
<strong>Automation</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2015-2025<br />
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Report Description<br />
<strong>Automation</strong> is a term referred for the usage of control systems and software to<br />
independently operate and monitor a mechanized system of various industrial processes<br />
(medical, chemical, textile, automotive, food & processing and others). Automated<br />
delivery of medical practices can help reduce errors, contain cost and streamline the<br />
process with improved outcomes. The rising demand for accuracy and reliability in<br />
medical procedures, increasing government investments, rising labor cost are the various<br />
reasons which are likely to propel the market for medical automation. Additionally, the<br />
growth of this market would be fuelled by growing usage of point of care testing devices<br />
such as HIV test kits, digital blood pressure monitors and pregnancy test kits. However,<br />
strict government regulation for medical device manufacturers globally is likely to hinder<br />
the growth of this market.<br />
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The market for medical automation can be broadly segmented on the basis of<br />
application, end-users and geography. The application segment is further subdivided into<br />
therapeutic automation market, medical automation market and lab & pharmacy<br />
automation market. The medical automation market can be categorized on the basis of<br />
automated imaging, automated image analysis and point of care testing market.<br />
Automated radiography, automated microscopy, capsule endoscopy and automated<br />
fluoroscopy are the major segments which can be covered under automated imaging<br />
market. The therapeutic application market can be further sub-divided into various
Report Description<br />
segments namely non-surgical automation and surgical automation. Defibrillators and<br />
automated medication systems are the two segments that can be covered under nonsurgical<br />
automation. Defibrillators market can be further indentified on the basis of<br />
automated external defibrillators, wearable defibrillators and implantable cardioverter<br />
defibrillator. Similarly, implantable drug pumps and wearable drug pumps can be<br />
categorized under automated medication systems. Surgical automation market can be<br />
further studied<br />
on the basis of surgical robots (Da vinci, Cyberknife, renaissance and others),<br />
intraoperative imaging (ICT scanners, MRI, and IOUS), surgical navigation, intelligent<br />
operating rooms and surgical simulators.<br />
Lab & pharmacy automation market can be identified on the basis of lab automation<br />
market and pharmacy automation market. Lab automation market includes microplate<br />
readers, liquid handling, automated storage and retrieval systems, stand-alone robots<br />
and software and informatics systems. The pharmacy automation market is further<br />
subdivided into automated medication dispensing systems, automated medication<br />
compounding systemsand automated packaging and labeling systems. On the basis of<br />
end users medical automation market can be classified as pharmacies, research<br />
laboratories & institutes, hospital and diagnostic centers and home/ ambulatory and<br />
others.<br />
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Report Description<br />
Geographically, currently North America accounts for the largest share of the medical<br />
automation market followed by the European region. The dominance of these regions in<br />
this market is seen due to growing government investments and funding. Further,<br />
collaboration among the key players and increased investments by the venture capitalists<br />
are some of the reasons which have augmented the demand for medical automation in<br />
the North America and European region. In the U.S market medical automation in<br />
therapy segment accounts for the largest share of the market followed by diagnostics &<br />
monitoring and logistics & training. Asia-Pacific region is expected to show healthy<br />
growth in the near future majorly in India, China, Taiwan and Japan. The reason behind<br />
an expansion would be rapid decline in the number of rural labor, increasing government<br />
investments towards automation and economic developments. Additionally, growing<br />
demand for automation in the research laboratories is further propelling the growth of<br />
this industry.<br />
Major players operating in medical automation market includes Accuray, Inc., Beckman<br />
Coulter, Inc., Asahi Kasei Corp, CAE, Ltd, Carefusion Corp, GE Healthcare, Lifescan, Inc.,<br />
Medtronic, Inc., Intuitive Surgical Inc., Omnicell, Inc, Roche Holding AG, Philips<br />
Healthcare, Siemens Healthcare, St. Jude <strong>Medical</strong>, Inc., Stanley Black and Decker, Inc,<br />
Swisslog Holdings AG, Stryker Corporation, Simsurgery As, Parata Systems LLC and others.<br />
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