Medical Automation Market Dynamics, Segments and Supply Demand 2015-2025

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Date Submitted: 11/01/2016 04:48 AM

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Automation is a term referred for the usage of control systems and software to independently operate and monitor a mechanized system of various industrial processes (medical, chemical, textile, automotive, food & processing and others). Automated delivery of medical practices can help reduce errors, contain cost and streamline the process with improved outcomes. The rising demand for accuracy and reliability in medical procedures, increasing government investments, rising labor cost are the various reasons which are likely to propel the market for medical automation. Additionally, the growth of this market would be fuelled by growing usage of point of care testing devices such as HIV test kits, digital blood pressure monitors and pregnancy test kits. However, strict government regulation for medical device manufacturers globally is likely to hinder the growth of this market.

The market for medical automation can be broadly segmented on the basis of application, end-users and geography. The application segment is further subdivided into therapeutic automation market, medical automation market and lab & pharmacy automation market. The medical automation market can be categorized on the basis of automated imaging, automated image analysis and point of care testing market. Automated radiography, automated microscopy, capsule endoscopy and automated fluoroscopy are the major segments which can be covered under automated imaging market. The therapeutic application market can be further sub-divided into various segments namely non-surgical automation and surgical automation. Defibrillators and automated medication systems are the two segments that can be covered under non-surgical automation. Defibrillators market can be further indentified on the basis of automated external defibrillators, wearable defibrillators and implantable cardioverter defibrillator. Similarly, implantable drug pumps and wearable drug pumps can be categorized under automated medication systems....