Medical Automation Market June 2021 Report On Analysis 2021, Size, Top Players with Share, Total Revenues, Product Scope, Business Development and Opportunities till 2030

In a recent published report, Kenneth Research has updated the market report for Medical Automation Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Medical Automation Market products.

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According to a report by the World Health Organization (WHO), the total health spending is growing with an annual average rate of 6% in the low- and middle-income nations, and close to 4% in the high-income countries. Further, in the year 2016, the expenditure made on health reached close to 10% of the GDP of the world and crossed a value of USD 7 trillion.

The medical automation market is driven by growing need for error free and time saving technology in the healthcare industry. Growing number of innovative automation technologies is giving rise to global medical automation market. Governments and private bodies have understood the need of automation in healthcare sector and are providing significant funds. The automation is not just limited to logistics and manufacturing. It has reached operating rooms and diagnostic centers. The use of surgical robots is increasing. The rise of medical devices manufacturing, pharma industry and R&D in Asian market is also fuelling the growth in the market. However, certain factors such as high infrastructural and implementation cost, budget constraints for hospital, monopoly in surgical robotics market and limited awareness restrain the market growth.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

The market is segmented on the basis of imaging devices which includes automated imaging market (radiography, fluoroscopy, microscopy and capsule endoscopy), automated image analysis market and point of care testing market. Market is segmented on the basis of therapeutic. The medical automation market is further segmented into non-surgical and surgical automation market. Segmentation includes lab and pharmacy automation, logistics and training. The end users include hospitals and diagnostic, pharmacies, research labs & institutes and others.

The geographies include North America, Europe, Asia Pacific and rest of the world. North America has the highest market share. The market consists of major market players and is well funded by government and private bodies alike. United States is the major market in North America. Asia Pacific is expected to grow a significant rate which is driven by increasing number of multi-specialist hospitals, increasing number of manufacturing facilities of big pharma companies and increased funding.

Key companies in the market include Accuray Inc., Asahi Kasei Corp., Awarepoint Corp., Beckman Coulter Inc., Brainlab AG, CAE Ltd., Carefusion Corp., Carl Zeiss Group, Ekahau Inc., and others.

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Company Profiles

1. Accuray Inc.
2. Asahi Kasei Corp.
3. Awarepoint Corp.
4. Beckman Coulter Inc. (A Subsidiary of Danaher)
5. Brainlab AG
6. CAE Ltd.
7. Carefusion Corp.
8. Carl Zeiss Group
9. Ekahau Inc.
10. GE Healthcare (Subsidiary of General Electric Company)
11. Given Imaging Ltd.
12. Icad Inc.
13. Intuitive Surgical Inc.
14. Laerdal Medical As
15. Lifescan Inc. (A Subsidiary of Johnson & Johnson)
16. Medtronic Inc.
17. Moog Inc.
18. Omnicell Inc.
19. Omron Corp.
20. Parata Systems LLC
21. Philips Healthcare (A Subsidiary of Royal Philips Electronics)
22. Roche Holding AG
23. Siemens Healthcare (Subsidiary of Siemens AG)
24. Simsurgery As
25. St. Jude Medical Inc.
26. Stanley Black and Decker Inc.
27. Stryker Corp.
28. Swisslog Holdings AG
29. Tecan Group Ltd.
30. Abbot Inc.

This Research report covers

1. Historical data
2. Revenue forecasts, growth rates and CAGR up to 2028
3. Industry Analysis
4. Competitive Analysis
5. Key geographic growth data

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