Medical Automation Technologies Market Definition
Health systems across the country are witnessing their critical recourses become rapidly overwhelmed by COVID-19 patients. Medical automation technologies are defined as technologies for the operation of diagnostic or therapeutic processes or systems or training of healthcare professionals, which result in a reduced need or eliminate the need for human intervention
The market study is broken down, by Application (Diagnostics & Monitoring,, Therapeutics,, Lab & Pharmacy Automation, and Medical Logistics & Training) and major geographies with country level splits.
Koninklijke Philips N.V. (Netherlands), Siemens AG, (Germany), General Electric Company (United States), Tecan Group Ltd. (Switzerland), Swisslog Holding AG (Switzerland), Intuitive Surgical, Inc. (U.S.), Stryker Corporation (U.S.), Accuray Incorporated (U.S.) and Danaher Corporation (U.S.) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Medical Automation Technologies market by Type, Application and Region.
On the basis of geography, the market of Medical Automation Technologies has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Automated Health Assessment And Monitoring, the sub-segment i.e. Automated Home Monitoring And Telemetry will boost the Medical Automation Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diagnostics and Monitoring Automation, the sub-segment i.e. Automated Imaging [Fluoroscopy, Radiography, others] will boost the Medical Automation Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals and Diagnostic Centers, will boost the Medical Automation Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Therapeutic Automation, the sub-segment i.e. Non-surgical Automation(Defibrillators) will boost the Medical Automation Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pharmacy and Laboratory Automation, the sub-segment i.e. Laboratory (Liquid Handling, Microplate Readers, others) will boost the Medical Automation Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
For instance, in may 2020 University of California San Diego engineers have introduced a remote monitoring platform for COVID 19 patients helps to automates the daily check-ins to monitor symptoms. UC San Diego Health team joined with a cloud service source to apply and develop a new artificial intelligence algorithm for more than 2000 unique lung X-ray images helping medical staff more speedily to identify early signs of COVID-19 patients.
Market Trend
- The emergence of Hospitals Embrace AI to Streamline Clinical Decision-Making
Market Drivers
- Increasing Government Support For Medical Automation
- Increasing Necessitate For Accuracy And Reproducibility During Medical Procedures Such As Surgeries is Key Driving Factor of Growth
Opportunities
- The Growing Incidences Of Various Chronic Diseases And Technological Advancements In Medication Systems Are The Key Factors Creating The Opportunities Of The Growth Of This Market Segment.
Restraints
- The stringency of Regulatory Procedures
Challenges
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Medical Automation Technologies Manufacturer, Medical Automation TechnologiesSuppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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