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2018 Medical Automation Industry Analysis

2014-06-25 1 Dailymotion

Complete report is available @ http://www.reportsnreports.com/reports/271286-medical-automation-market-radiography-capsule-endoscopy-da-vinci-poc-intraoperative-ultrasound-defibrillator-infusion-pump-automated-medication-dispensing-microplate-reader-pneumatic-tube-systems-rfid-rtls-global-forecasts-to-2018.html

The global medical automation market is segmented on the basis of application, end users, and geography. The applications market is further segmented into diagnostics and monitoring automation, therapeutic automation, lab and pharmacy automation, and logistics and training automation. Based on end users, the market is segmented into hospitals and diagnostic centers, pharmacies, research labs and institutes, and home/ambulatory and others. Based on geography, this market is divided into four geographic regions, namely, North America, Europe, Asia, and Rest of the World (RoW).
The market is expected to witness a high growth in the forecast period. This high growth can be attributed to a number of factors such as the rising labor costs and the increasing need for accuracy and reproducibility in medical processes. Furthermore, various government bodies from all over the world are investing in this market, which is helping the medical automation companies to develop new and advanced products. Factors such as the rising healthcare costs, technological advancements, government support in the form of funds and investments, and investments by venture capitalists are further propelling the growth of this market. However, stringent regulatory procedures and implementation of a 2.3% excise tax by the U.S. government on medical devices may hinder the growth of this market.