Global Medical Automation Market Analysis Reveals Growth Driven by Point-of-Care Testing Devices During 2016-2024

In a highly competitive pharmaceutical industry, automation can prove to be a massive operational advantage and a key differentiator for players of all sizes. The future of the healthcare industry is increasingly being defined by the advent of faster, more accurate, and easy-to-use devices that are riding high on the wave of medical automation.


Albany, NY -- (SBWIRE) -- 04/26/2017 -- In the era of modernization and inclination towards automation, the highly competitive pharmaceutical industry has adapted automation which has acted as a key differentiator for players of all sizes. Shortage of medical workforce, a high degree of interest in point-of-care testing devices for pregnancy, blood glucose levels, blood pressure, and HIV are some of the few changes have driven the adoption of medical automation. For detailed in-depth analysis, Market Research Reports Search Engine (MRRSE) has added a report titled as "Medical Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024" to its vast repository. This research study focuses medical automation market share, growth, and trends which are forecasted to rise during the period 2016-2024.

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According to an article published in Health Affairs, there will be a shortage of 260,000 registered nurses by 2025 in the U.S. and the scenario will be even worse in the developing countries. Apart from this, a massive number of people are crossing the 60 threshold mark, which in turn enhances the need for automation on a drastic level.

The report segments the medical automation market by applications, end-users, and geography. The market is expected to increase rapidly by growing awareness towards medical automation systems and software enticed by benefits such as cost containment, increased speed, greater transparency in processing, and reduction in errors. The market constraints which have reduced the growth includes the higher cost of the medical automated equipment.

Further, based on the application the market is segmented into therapeutic automation, lab automation, pharmacy automation, and medical automation. The main end-users in the global medical automation market are pharmacies, research labs, hospital and diagnostic centers, and home care centers.

As per the geographical scenario, the global medical automation market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World. The report reveals that North-America is the largest market, with Asian countries acting as the emerging markets for medical automation.

Later in the report, the key companies active in this sector are carefully analyzed. Some of the leading players include:

Medtronic Inc.
GE Healthcare
Intuitive Surgical Inc.
Roche Holding AG
Carefusion Corp
Omnicell Inc
Siemens Healthcare
Philips Healthcare
Stryker Corporation
Jude Medical Inc.

Browse Full Global Medical Automation Market Report with TOC:

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