Global Medical Automation Technologies Market 2015 Estimated to Grow at a Compound Annual Growth Rate 8.82% by 2022
The Global Medical Automation Technologies Market is estimated to be $48.4 billion in 2014 and is expected to reach $95.2 billion growing at a CAGR of 8.82% from 2014 to 2022. The factors that are influencing the market growth include rising healthcare costs, investment by venture capitalists and the increase in use of point of care testing devices (glucose meters, digital blood pressure monitors, pregnancy test kits and HIV test kits).
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