Medical Automation Market worth $66,920.5 Million by 2018

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MarketsandMarkets Presents
Medical Automation Market worth 66,920.5 Million
by 2018
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dical-automation-technologies-market-848.html
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The 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, analyzes and studies
the major market drivers, restraints, and
opportunities in North America, Europe, Asia and
Rest of the World. Browse 156 market data tables
and 21 figures spread through 403 pages and
in-depth TOC on this report.http//www.marketsand
markets.com/Market-Reports/medical-automation-tech
nologies-market-848.htmlEarly buyers will
receive 10 customization on this report.
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This report studies the global medical automation
market over the forecast period of 2013 to 2018.
This market is valued at an estimated 43,213.6
million in 2013 and is poised to grow at a CAGR
of 9.1 from 2013 to 2018, to reach 66,920.5
million by 2018. Automated monitoring devices
help in reducing the rising healthcare costs,
which is the major factor driving the growth of
this market. Furthermore, growth in the use of
point of care testing devices such as glucose
meters, digital blood pressure monitors,
pregnancy test kits, and HIV test kits is another
factor that is propelling the growth of this
market. The rise in labor costs, especially in
the Asian region, is a major reason for the high
growth of this market. Based on application, the
diagnostics and monitoring automation market
holds the largest share of 50 in 2013. However,
the medical logistics and training automation
market is poised to grow at the highest CAGR from
2013 to 2018.
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Based on geography, the global medical automation
market is segmented into North America, Europe,
Asia, and Rest of the World (RoW). North America
accounts for the largest share in the medical
automation market the large share of the North
American region is attributed to the increase in
government spending in the form of grants and
funds, investments by venture capitalists, and
collaborations among key players in the
market. The major players in the medical
automation market include GE Healthcare (U.K),
Philips Healthcare (the Netherlands), Siemens
Healthcare (Germany), Tecan Group Ltd.
(Switzerland), Stanley Black and Decker, Inc.
(U.S.), Intuitive Surgical, Inc. (U.S.), CAE Ltd.
(Canada), Brainlab AG (Germany), Given Imaging
Ltd. (Israel), Medtronic, Inc. (U.S.), Asahi
Kasei Corp. (Japan), CareFusion Corp. (U.S.),
Roche Holding AG (Switzerland), St. Jude Medical,
Inc. (U.S.), Lifescan, Inc. (U.S.), Swisslog
Holdings AG (Switzerland), Omnicell, Inc. (U.S.),
Omron Corp. (Japan), and Carl Zeiss Group
(Germany), among others.
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