Medical Automation Market Analysis By Application (Diagnostic And Monitoring Automation, Automated Imaging & Analysis, Point-of-care Testing, Therapeutic Automation, Surgical, Non-surgical, Lab & Pharmacy Automation, Laboratory, Pharmacy, Medical Logistics & Training) By End-use (Hospitals & Diagnostic Centers, Research Laboratories & Institutes, Pharmacies, Home & Ambulatory Care) And Segment Forecasts To 2024

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Medical Automation Market Share , Industry Size , Analysis And
Forecast To 2024| Grand View Research, Inc
Global medical automation market is expectedto reach USD 79.4 billionby 2024, according to a new report by
Grand ViewResearch, Inc. The increasing demand for accuracy and reproducibilityrequiredduring medical
procedures is the high impact renderingdriver for the medical automation market.
The rising adoption of these devicesis attributed to the advantages associated withautomated systems.For
example,the automation of tedious tasks such as sampling,monitoring of quality,quantity, packaging and labeling,
and scanning of medicines and devices, have reducedhuman efforts and increased speedand accuracy, which has
ledto increased dependencyon these automated systems.
Moreover, the growing global prevalence of chronic conditionssuch as diabetes,cancer, arthritis, and chronic
obstructive pulmonary disease (COPD) is further pushing the demand for therapeutic, laboratory and pharmacy
automated medication systems, which are faster and more productive. As per the World Health Organization (WHO)
estimates,cardiovascular diseases(CVDs) is the leadingcause of mortality around the globe; in addition,an
exponential rise has beenwitnessedin the diabetescases from 108 millionin 1980 to 422 millionin2014. The
aforementionedfactors are responsible for creating the needfor automated medical equipmentsoverthe forecast
period.
Furthermore, with the advent of technologicallyadvanced defibrillatorsand ablation therapies,this market is
expectedto gain swiftgrowth in its market share in the near future. For instance, automation in the following
pharmacy-based functions, medication dispensing,storage, and retrieval enablestraceability and tracking, which in
turn improvespatient safety and reduces errors. Furthermore, there is an increased focus on incorporating
automation in hospitals due to the associated benefits,such as reduction of errors and operational costs; these
factors altogether are expectedto present this market with high growth opportunitiesin the near future.
“The global medical automation market was valued at USD 34.21 billion in
2015. The rising prevalenceof chronic diseases and the increasing adoption of
automated equipment for diagnosisand therapy arethefactorspropelling the
market growth.”

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Further key findings from the study suggest:
 The therapeutic segment was observed to dominate in terms of revenue share in 2015owing to the high usage
rate of automated devicesin the non-surgical procedures, such as external defibrillators,an implantable
cardioverter, and wearable/implantable drug pumps
 On the other hand, the medical logisticsand training segment is expectedto grow at a lucrative CAGR of over
10.0%. The rising adoption of advanced systems,such as Pneumatic Tube Systems(PTS) used in material
transportation and Real Time Location System (RTLS) in location-tracking, contributes towards the overall
medical automation market growth during the forecast period.
 The research laboratories and institutessegmentis also identifiedas a lucrative segmentdue to, the rising
demand for automated research laboratories that are helpful inthe detection and the treatment of chronic
diseases.These laboratory automated systems helpin reducing demand and supplygaps by mechanization,
which yieldsrapid results and increasesoverall productivity. This is expectedto further enhance its usage over
the forecast period.
 With an aim to address the increasing demand for advanced molecular diagnostic techniquesin cancer, the
LeidenUniversity Medical Center have recently succeededin isolating DNA and RNA from small tissue samples
using a high-throughput,fullyautomated solutionby Siemens.Innovationslike these are expectedto present
the market withsignificant growth opportunities.
 Some key playersin this industry include Accuray, Inc., Tecan Group Ltd., Medtronic Plc., SwisslogHolding AG,
GE Healthcare, Intuitive Surgical, Inc., Stryker Corporation, SiemensAG, Koninklijke PhilipsN.V.,andDanaher
Corporation.
 These industry players are adopting strategies such as technological innovation, new product launches, and
strategic collaborations includingmergers and acquisitionsto capitalize untapped opportunities.For instance,
in July 2015, Medtronic Plc. acquired RF Surgical Systems, Inc., for further expansionof its businessand with
the aim of capturing a huge market share of the medical automation market in the coming years.
Grand ViewResearch has segmentedthe medical automation market on the basis of application, end-use,and
region:
Global Medical Automation Application Outlook (Revenue, USD Million, 2014 - 2024)
 Diagnostic & Monitoring Automation
o Automated imaging & analysis
o Point-of-care testing
 Therapeutic Automation
o Surgical Automation
o Non-surgical Automation
 Lab and Pharmacy Automation
o Laboratory Automation

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o Pharmacy Automation
 Medical Logistics and Training
Global Medical Automation End-use Outlook (Revenue, USD Million, 2014 - 2024)
 Hospitals & Diagnostic Centers
 Research Laboratories & Institutes
 Pharmacies
 Home & Ambulatory Care
Medical Automation Regional Outlook (Revenue,USD Million, 2014 - 2024)
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o Japan
o China
o India
 Latin America
o Mexico
o Brazil
 MEA
o South Africa
Browse Related Category Reports @ https://www.grandviewresearch.com/industry/medical-devices
Table of Content of Medical Automation Market
Chapter 1. Methodologyand Scope
1.1. ResearchMethodology
1.2. ResearchScope & Assumptions
1.3. Listof Data Sources
Chapter 2. Executive Summary
2.1. Medical automationMarket- IndustrySnapshotandKeyBuyingCriteria,2015

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Chapter 3. Medical automation Industry Outlook
3.1. Medical automationMarketSegmentation
3.2. Medical automationMarketSize andGrowth Prospects
3.3. Medical automationMarketDynamics
3.3.1. Market DriverAnalysis
3.3.1.1. Increasingapplicationof automateddevices
3.3.1.2. Increasingincidencesof chronicdiseases
3.3.2. Market RestraintAnalysis
3.3.2.1. Stringentregulatoryprocedures
3.3.2.2. Highcost of automatedsolutions
3.4. KeyOpportunitiesPrioritized
3.5. Medical automationCompetitive Landscape,2015
3.5.1. Competitive Landscape:MarketPositionAnalysis(basedonproducts,regionalpresence,and
strategicinitiatives)
3.6. IndustryAnalysis - Porter's
3.7. Medical automationMarketPESTEL Analysis,2015
Chapter 4. Medical Automation ApplicationOutlook
4.1. Medical AutomationMarketShare Byapplication,2015 & 2024
4.2. Diagnostic& MonitoringAutomation
4.2.1. Diagnostic& MonitoringAutomationMarketEstimates,2013 - 2015
4.2.2. Diagnostic& MonitoringAutomationMarketForecasts,2016 - 2024
4.2.3. Automatedimaging&analysis
4.2.3.1. Automatedimaging&analysisMarketEstimates,2013 - 2015
4.2.3.2. Automatedimaging&analysisMarketForecasts,2016 - 2024
4.2.4. Point-of-caretesting
4.2.4.1. Point-of-care testingMarketEstimates,2013 - 2015
4.2.4.2. Point-of-care testingMarketForecasts,2016 - 2024
4.3. TherapeuticAutomation
4.3.1. TherapeuticAutomationMarketEstimates,2013 - 2015
4.3.2. TherapeuticAutomationMarketForecasts,2016 - 2024
4.3.3. Surgical Automation
4.3.3.1. Surgical AutomationMarketEstimates,2013 - 2015

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4.3.3.2. Surgical AutomationMarketForecasts,2016 - 2024
4.3.4. Non-surgical Automation
4.3.4.1. Non-surgical AutomationMarketEstimates,2013 - 2015
4.3.4.2. Non-surgical AutomationMarketForecasts,2016 - 2024
4.4. Lab & Pharmacy Automation
4.4.1. Lab & PharmacyAutomationMarketEstimates,2013 - 2015
4.4.2. Lab & PharmacyAutomationMarketForecasts,2016 - 2024
4.4.3. Laboratory Automation
4.4.3.1. Laboratory AutomationMarketEstimates,2013 - 2015
4.4.3.2. Laboratory AutomationMarketForecasts,2016 - 2024
4.4.4. PharmacyAutomation
4.4.5. PharmacyAutomationMarketEstimates,2013 - 2015
4.4.6. PharmacyAutomationMarketForecasts,2016 - 2024
4.5. Medical Logistics& Training
4.5.1. Medical Logistics& TrainingMarketEstimates,2013 - 2015
4.5.2. Medical Logistics& TrainingMarketForecasts,2016 - 2024
Chapter 5. Medical Automation End-use Outlook
5.1. Medical AutomationMarketShare ByTechnology,2015 & 2024
5.2. Hospitals&DiagnosticCenters
5.2.1. Hospitals&DiagnosticCentersMarketEstimates,2013 - 2015
5.2.2. Hospitals&DiagnosticCentersMarketForecasts,2016 - 2024
5.3. ResearchLaboratories&Institutes
5.3.1. ResearchLaboratories&InstitutesMarketEstimates,2013 - 2015
5.3.2. ResearchLaboratories&InstitutesMarketForecasts,2016 - 2024
5.4. Pharmacies
5.4.1. PharmaciesMarketEstimates,2013 - 2015
5.4.2. PharmaciesMarketForecasts,2016 - 2024
5.5. Home & AmbulatoryCare
5.5.1. Home & AmbulatoryCare MarketEstimates,2013 - 2015
5.5.2. Home & AmbulatoryCare MarketForecasts,2016 - 2024
Chapter 6. Medical Automation Regional Outlook
6.1. Medical AutomationMarketShare ByRegion,2015 & 2024

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6.2. NorthAmerica
6.2.1. NorthAmericaMarket Estimates,ByApplication,2013 - 2015 (USD Million)
6.2.2. NorthAmericaMarket Forecasts,ByApplication,2016 - 2024 (USD Million)
6.2.2.1. U.S. Market Estimates
6.2.2.2. U.S. Market Forecasts
6.2.2.3. Canada Market Estimates
6.2.2.4. Canada Market Forecasts
6.2.3. NorthAmericaMarket Estimates,ByEnd-use,2013 - 2015 (USD Million)
6.2.4. NorthAmericaMarket Forecasts,ByEnd-use,2016 - 2024 (USD Million)
6.2.4.1. U.S. Market Estimates
6.2.4.2. U.S. Market Forecasts
6.2.4.3. Canada Market Estimates
6.2.4.4. Canada Market Forecasts
6.3. Europe
6.3.1. Europe Market Estimates,ByApplication,2013 - 2015 (USD Million)
6.3.2. Europe Market Forecasts,ByApplication,2016 - 2024 (USD Million)
6.3.2.1. UK Market Estimates
6.3.2.2. UK Market Forecasts
6.3.2.3. GermanyMarket Estimates
6.3.2.4. GermanyMarket Forecasts
6.3.3. Europe Market Estimates,ByEnd-use,2013 - 2015 (USDMillion)
6.3.4. Europe Market Forecasts,ByEnd-use,2016 - 2024 (USD Million)
6.3.4.1. UK Market Estimates
6.3.4.2. UK Market Forecasts
6.3.4.3. GermanyMarket Estimates
6.3.4.4. GermanyMarket Forecasts
6.4. AsiaPacific
6.4.1. AsiaPacificMarketEstimates,ByApplication,2013 - 2015 (USD Million)
6.4.2. AsiaPacificMarketForecasts,By Application,2016 - 2024 (USD Million)
6.4.2.1. Japan MarketEstimates
6.4.2.2. Japan MarketForecasts
6.4.2.3. ChinaMarket Estimates

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6.4.2.4. ChinaMarket Forecasts
6.4.2.5. IndiaMarket Estimates
6.4.2.6. IndiaMarket Forecasts
6.4.3. AsiaPacificMarketEstimates,ByEnd-use,2013 - 2015 (USD Million)
6.4.4. AsiaPacificMarketForecasts,By End-use,2016 - 2024 (USD Million)
6.4.4.1. Japan MarketEstimates
6.4.4.2. Japan MarketForecasts
6.4.4.3. ChinaMarket Estimates
6.4.4.4. ChinaMarket Forecasts
6.4.4.5. IndiaMarket Estimates
6.4.4.6. IndiaMarket Forecasts
6.5. LatinAmerica
6.5.1. Latin AmericaMarketEstimates,ByApplication,2013 - 2015 (USD Million)
6.5.2. Latin AmericaMarketForecasts, ByApplication,2016 - 2024 (USD Million)
6.5.2.1. Brazil Market Estimates
6.5.2.2. Brazil Market Forecasts
6.5.2.3. MexicoMarket Estimates
6.5.2.4. MexicoMarket Forecasts
6.5.3. Latin AmericaMarketEstimates,ByEnd-use,2013 - 2015 (USDMillion)
6.5.4. Latin AmericaMarketForecasts,ByEnd-use,2016 - 2024 (USD Million)
6.5.4.1. Brazil Market Estimates
6.5.4.2. Brazil Market Forecasts
6.5.4.3. MexicoMarket Estimates
6.5.4.4. MexicoMarket Forecasts
6.6. MEA
6.6.1. MEA MarketEstimates,ByApplication,2013 - 2015 (USD Million)
6.6.2. MEA MarketForecasts,By Application,2016 - 2024 (USD Million)
6.6.2.1. SouthAfricaMarket Estimates
6.6.2.2. SouthAfricaMarket Forecasts
6.6.3. MEA MarketEstimates,ByEnd-use,2013 - 2015 (USD Million)
6.6.4. MEA MarketForecasts,By End-use,2016 - 2024 (USD Million)
6.6.4.1. SouthAfricaMarket Estimates

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6.6.4.2. SouthAfricaMarket Forecasts
Chapter 7. Competitive Landscape
7.1. Accuray,Inc.
7.1.1. CompanyOverview
7.1.2. Financial Performance
7.1.3. ProductBenchmarking
7.1.4. StrategicInitiatives
7.2. Tecan GroupLtd.
7.2.1. CompanyOverview
7.2.2. Financial Performance
7.2.3. ProductBenchmarking
7.2.4. StrategicInitiatives
7.3. MedtronicPlc.
7.3.1. CompanyOverview
7.3.2. Financial Performance
7.3.3. ProductBenchmarking
7.3.4. StrategicInitiatives
7.4. SwisslogHoldingAG
7.4.1. CompanyOverview
7.4.2. Financial Performance
7.4.3. ProductBenchmarking
7.4.4. StrategicInitiatives
7.5. GE Healthcare
7.5.1. CompanyOverview
7.5.2. Financial Performance
7.5.3. ProductBenchmarking
7.5.4. StrategicInitiatives
7.6. Intuitive Surgical,Inc.
7.6.1. CompanyOverview
7.6.2. Financial Performance
7.6.3. ProductBenchmarking
7.6.4. StrategicInitiatives

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7.7. StrykerCorporation
7.7.1. CompanyOverview
7.7.2. Financial Performance
7.7.3. ProductBenchmarking
7.7.4. StrategicInitiatives
7.8. SiemensAG
7.8.1. CompanyOverview
7.8.2. Financial Performance
7.8.3. ProductBenchmarking
7.8.4. StrategicInitiatives
7.9. KoninklijkePhilipsN.V.
7.9.1. CompanyOverview
7.9.2. Financial Performance
7.9.3. ProductBenchmarking
7.9.4. StrategicInitiatives
7.10. Danaher Corporation
7.10.1. CompanyOverview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. StrategicInitiatives
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