The global medical automation market size was USD 27.19 Billion in 2022 and is expected to register a rapid revenue CAGR of 9.7% during the forecast period. Increasing Research Development (RD) investments, rising adoption of automated instruments by pharmaceutical companies and demand for surgical procedures, and technological advancements such as robotics, Artificial Intelligence (AI), and Internet of Things (IoT) coupled with automation, are key factors driving market revenue growth.
The study offers a clear understanding of the current market scenario owing to the COVID-19 pandemic and offers a comprehensive analysis of the current and future impact of the pandemic on the overall market landscape. The economic landscape and the market environment have observed drastic changes due to the social restrictions and government-enforced lockdowns imposed to curb the spread of COVID-19. The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.
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Competitive Outlook: The leading companies operating in the Medical Automation market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Medical Automation Market and Profiled in the Report are:
Zimmer Biomet, Danaher Corporation, Koninklijke Philips N.V., Stryker Corporation, Intuitive Surgical, Inc., GE Healthcare, Swisslog Holding AG, Medtronic Plc., Tecan Group Ltd., and Accuray, Inc
Objectives of the Report:
Study of the global Medical Automation market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Medical Automation market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Medical Automation market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Medical Automation market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2019-2032)
- Equipment
- Capital equipment
- Consumables
- Software
- Services
Application Outlook (Revenue, USD Billion; 2019-2032)
- Imaging
- Therapeutic
- Laboratory and pharmacy
- Informatics
- Medical software
- Others
Type Outlook (Revenue, USD Billion; 2019-2032)
- Computed Tomography (CT)
- Ultrasound
- Magnetic Resonance Imaging (MRI)
- C-arm system
- Automated imaging
- Sample preparation
- Others
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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