Medical Automation Market Research Report: By Type (Diagnostic and Monitoring Automation, Therapeutic Automation, Lab & Pharmacy Automation, Medical Logistics & Training), By End Users (Hospitals, Pharmacies, Research Labs) – Global Forecast till 2023

Published - Feb 2019 | Category - Healthcare | No. of Pages - 106 | Published By - Market Research Future


Global Medical Automation Market is projected to grow at a CAGR of 7.0% during the forecast period (2017-2023).

Medical Automation Market Research Report: By Type (Diagnostic and Monitoring Automation, Therapeutic Automation, Lab & Pharmacy Automation, Medical Logistics & Training), By End Users (Hospitals, Pharmacies, Research Labs) – Global Forecast till 2023

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).


 

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