Description
Market analysis
Lately, different mechanical headways prompted the automation of the healthcare sector which has empowered the controlled utilization of healthcare systems and related innovations. This has reduced the requirement for human labor in the generation of products and services. Expanding pervasiveness of the chronic diseases like diabetes, cancer and others alongside the developing pharmaceutical and biotechnology industry are the significant drivers for the market development of the global medical automation market amid the forecast period. The growing demand for robotic surgeries is also boosting the growth of the market. Besides, it is recommended that blood transfusion rates amid robotic medical procedures are insignificant when contrasted with the open medical procedure blood transfusion rates that might be up to 40%. However, the higher automation costs, improper training of the physicians and the risks of performing robotic surgeries are hampering the market growth. The global medical automation market is projected to grow at a CAGR of 7.0% during the forecast period (2017-2023).
Market segmentation
The global medical automation market is distinguished on the basis of its end users and type. Based on its end users, the market is sectioned into pharmacies, research labs & institutes, hospitals, and diagnostic centers, research labs & institutes, among others. On the basis of its type, the global medical automation market is classified into therapeutic automation, diagnostic & monitoring automation, medical logistics & training, lab & pharmacy automation, and others.
Regional analysis
Geographically, the global medical automation market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
The major industry players included in the global medical automation market are Siemens AG, Koninklijke Philips N.V., GENERAL ELECTRIC, Accuray Incorporated, Medtronic, Stryker, Danaher, among others.
Table of Contents
Table of Contents:
1 Report Prologue
2 Market Introduction
2.1 Introduction
2.2 Scope of Study
2.3 Research Objective
2.4 Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing prevalence of the chronic diseases like cancer, diabetes, and others (Impact Weightage- 33%)
4.2.2 Growing pharmaceutical and biotechnology sector facilitates the automation of the medical sector (Impact Weightage- 35%)
4.2.3 Growing demands for robotic surgery and rising healthcare expenditure (Impact Weightage- 32%)
4.3 Restrains
4.3.1 High cost of automation (Impact Weightage-55%)
4.3.2 Risks associated to the robotic surgery followed by the necessity of physician training (Impact Weightage-45%)
5 Market Factor Analysis
5.1 Porter’s Five Forces
5.1.1 Introduction
5.1.2 Bargaining power of suppliers
5.1.3 Bargaining power of buyers
5.1.4 Threat of new entrants
5.1.5 Threat of substitutes
5.1.6 Degree of rivalry
5.2 Value Chain Analysis
5.2.1 Engagement and Designing
5.2.2 Manufacturing
5.2.3 Distribution & Sales
5.2.4 Post-sales Follow-ups
6 Global Medical Automation Market, By Type
6.1 Introduction
6.2 Diagnostic & Monitoring Automation
6.3 Therapeutic Automation
6.4 Lab & Pharmacy Automation
6.5 Medical Logistics & Training
7 Global Medical Automation Market, By End User
7.1 Introduction
7.1.1 Hospitals and Diagnostic Centers
7.1.2 Pharmacies
7.1.3 Research Labs & Institutes
7.1.4 Home/Ambulatory Care Settings
8 Global Medical Automation Market, By Region
8.1 Introduction
8.2 Americas
8.2.1 U.S.
8.2.2 Canada
8.2.3 South America
8.3 Europe
8.3.1.1 Germany
8.3.1.2 France
8.3.1.3 U.K.
8.3.1.4 Italy
8.3.1.5 Spain
8.3.2 Eastern Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Republic of Korea
8.4.5 Australia
8.4.6 Rest of Asia Pacific
8.5 Middle East & Africa
8.5.1 Middle East
8.5.2 Africa
9 Competitive Landscape
9.1 Introduction
10 Company Profiles
10.1 Koninklijke Philips N.V.
10.1.1 Company Overview
10.1.2 Financials
10.1.3 Products
10.1.4 Strategy
10.1.5 Key Developments
10.2 Siemens AG
10.2.1 Company Overview
10.2.2 Financials
10.2.3 Products
10.2.4 Strategy
10.2.5 Key Developments
10.3 GENERAL ELECTRIC
10.3.1 Company Overview
10.3.2 Financials
10.3.3 Products
10.3.4 Strategy
10.3.5 Key Developments
10.4 Medtronic
10.4.1 Company Overview
10.4.2 Financials
10.4.3 Products
10.4.4 Strategy
10.4.5 Key Developments
10.5 Stryker
10.5.1 Company Overview
10.5.2 Financials
10.5.3 Products
10.5.4 Strategy
10.5.5 Key Developments
10.6 Danaher
10.6.1 Company Overview
10.6.2 Financials
10.6.3 Products
10.6.4 Strategy
10.6.5 Key Developments
10.7 Accuray Incorporated
10.7.1 Company Overview
10.7.2 Financials
10.7.3 Products
10.7.4 Strategy
10.7.5 Key Developments
11 Appendix
11.1 Discussion Blue Print
11.2 References
12 Conclusion
12.1 Key Findings
12.1.1 CEO’s Viewpoint
12.1.2 Key Companies to Watch
12.1.3 Prediction of Medical Automation Industry
