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Global Medical Automation Market (2023-2028) Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession, Ansoff Analysis

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  • 191 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5748804

The technology such as Augmented Relaity an Virtual Reality is extremely helpful for training and surgery simulation, patient treatment, and care

The Global Medical Automation Market is estimated to be USD 69.04 Bn in 2023 and is expected to reach USD 133.69 Bn by 2028 growing at a CAGR of 14.13%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Medical Automation Market is segmented based on Equipment & Software, Applications, End-Users, and Geography.
  • By Equipment & Software, the market is classified into Off-the-shelf Automated Work-Cells, Robotic Systems, Automated Workstations, and Automated Storage & Retrieval Systems (ASRS).
  • By Applications, the market is classified into Drug Discovery, Clinical Diagnostics, and Microbiology Solutions.
  • By End-Users, the market is classified into Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostic Laboratories, and Research and Academic Institutes.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Abbott Healthcare Pvt. Ltd., BMG Labtech GmbH, General Electric Co., Hamilton Co., Hudson Robotics, Inc., Intuitive Surgical Inc., Koninklijke Philips N.V., Medtronic PLC, PerkinElmer, Inc., Siemens Healthineers Ag, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Medical Automation Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Medical Automation Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Medical Automation Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increase in the Adoption of Lab Automation
4.1.2 Miniaturization of Processes
4.1.3 Progressing Markets of Drug Discovery and Diagnostics
4.1.4 Government Funding for Biotech and Drug Discovery Research
4.2 Restraints
4.2.1 High Cost of Automation
4.2.2 The Stringency of Regulatory Procedures Delays Product Launches
4.3 Opportunities
4.3.1 Wide Scope and Increasing Adoption in Microbiology
4.3.2 Increasing Applications in Biobanking
4.3.3 Rising Demand for Robotic Surgery
4.4 Challenges
4.4.1 Low Priority for Lab Automation among Small and Medium-Sized Laboratories
4.4.2 Lack of Skilled Professionals
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Global Medical Automation Market, By Equipment & Software
6.1 Introduction
6.2 Off-the-Shelf Automated Work-Cells
6.3 Robotic Systems
6.4 Automated Workstations
6.5 Automated Storage & Retrieval Systems (ASRS)
7 Global Medical Automation Market, By Diagnostic & Monitoring
7.1 Introduction
7.2 Automated Imaging
7.2.1 Automated Radiography
7.2.2 Automated Fluoroscopy
7.2.3 Automated Microscopy
7.2.4 Capsule Endoscopy
7.3 Point of Care Testing (POCT)
7.4 Automated Image Analysis
8 Global Medical Automation Market, By Therapeutic
8.1 Introduction
8.2 Non-Surgical Automation
8.2.1 Defibrillators Implantable Cardioverter Defibrillators (ICD) Automated External Defibrillators (AEDS) Wearable Defibrillators
8.2.2 Automated Medication Systems Implantable Drug Pumps Wearable Drug Pumps
8.3 Surgical Automation
8.3.1 Surgical Robots DA Vinci RIO Cyberknife Renaissance Innovations in Surgical Robots Artas Robotic System Microbots Sofie (Surgeon's Operating Force-Medicinal Feed Additivesback Interface Eindhoven) Ares Prototype Robot Raven IV
8.4 Intraoperative Imaging
8.4.1 Intraoperative Computed Tomography (ICT) Scanners
8.4.2 Intraoperative Magnetic Resonance Imaging (MRI)
8.4.3 Intraoperative Ultrasound Imaging (IOUS)
8.5 Surgical Navigation
8.6 Intelligent Operating
8.7 Surgical Simulators Rooms
9 Global Medical Automation Market, By Lab & Pharmacy
9.1 Introduction
9.2 Lab Automation
9.2.1 Automated Liquid Handling Systems
9.2.2 Microplate Readers
9.2.3 Stand-Alone Robots
9.2.4 Automated Storage & Retrieval Systems
9.2.5 Software & Informatics
9.3 Pharmacy Automation
9.3.1 Automated Medication Dispensing Systems
9.3.2 Automated Packaging & Labelling Systems
9.3.3 Automated Medication Compounding Systems
10 Global Medical Automation Market, By Medical Logistics & Training
10.1 Introduction
10.2 Logistic Automation
10.2.1 Automated Hospital Pickup & Delivery Systems
10.2.2 Pneumatic Tube Systems (PTS)
10.2.3 Automated Guided Vehicles (AGVS)
10.3 Hospital Asset/Patient/Staff Tracking Systems Market
10.3.1 Radio-Frequency Identification (RFID)
10.3.2 Real-Time Locating Systems (RTLS)
10.4 Trainers
11 Global Medical Automation Market, By Applications
11.1 Introduction
11.2 Drug Discovery
11.3 Clinical Diagnostics
11.4 Microbiology Solutions
12 Global Medical Automation Market, By End-Users
12.1 Introduction
12.2 Biotechnology and Pharmaceutical Companies
12.3 Research and Academic Institutes
12.4 Hospitals and Diagnostic Centers
12.5 Home/Ambulatory Care Settings
12.6 Others
13 Americas' Medical Automation Market
13.1 Introduction
13.2 Argentina
13.3 Brazil
13.4 Canada
13.5 Chile
13.6 Colombia
13.7 Mexico
13.8 Peru
13.9 United States
13.10 Rest of Americas
14 Europe's Medical Automation Market
14.1 Introduction
14.2 Austria
14.3 Belgium
14.4 Denmark
14.5 Finland
14.6 France
14.7 Germany
14.8 Italy
14.9 Netherlands
14.10 Norway
14.11 Poland
14.12 Russia
14.13 Spain
14.14 Sweden
14.15 Switzerland
14.16 United Kingdom
14.17 Rest of Europe
15 Middle East and Africa's Medical Automation Market
15.1 Introduction
15.2 Egypt
15.3 Israel
15.4 Qatar
15.5 Saudi Arabia
15.6 South Africa
15.7 United Arab Emirates
15.8 Rest of MEA
16 APAC's Medical Automation Market
16.1 Introduction
16.2 Australia
16.3 Bangladesh
16.4 China
16.5 India
16.6 Indonesia
16.7 Japan
16.8 Malaysia
16.9 Philippines
16.10 Singapore
16.11 South Korea
16.12 Sri Lanka
16.13 Thailand
16.14 Taiwan
16.15 Rest of Asia-Pacific
17 Competitive Landscape
17.1 Competitive Quadrant
17.2 Market Share Analysis
17.3 Strategic Initiatives
17.3.1 M&A and Investments
17.3.2 Partnerships and Collaborations
17.3.3 Product Developments and Improvements
18 Company Profiles
18.1 Abbott Healthcare Pvt. Ltd.
18.2 Accuray Inc.
18.3 Agilent Technologies, Inc.
18.4 Aurora Biomed Inc.
18.6 BMG Labtech GmbH
18.7 Danaher Corp.
18.8 Eppendorf SE
18.9 F. Hoffmann-La Roche Ag
18.10 General Electric Co.
18.11 Hamilton Co.
18.12 Hudson Robotics, Inc.
18.13 Intuitive Surgical Inc.
18.14 Koninklijke Philips N.V.
18.15 Medtronic PLC
18.16 PerkinElmer, Inc.
18.17 QIAGEN GmbH
18.18 Siemens Healthineers Ag
18.19 Tecan Group Ltd.
18.20 Thermo Fisher Scientific
19 Appendix
19.1 Questionnaire

Companies Mentioned

  • Abbott Healthcare Pvt. Ltd.
  • Accuray Inc.
  • Agilent Technologies, Inc.
  • Aurora Biomed Inc.
  • BMG Labtech GmbH
  • Danaher Corp.
  • Eppendorf SE
  • F. Hoffmann-La Roche Ag
  • General Electric Co.
  • Hamilton Co.
  • Hudson Robotics, Inc.
  • Intuitive Surgical Inc.
  • Koninklijke Philips N.V.
  • Medtronic PLC
  • PerkinElmer, Inc.
  • Siemens Healthineers Ag
  • Tecan Group Ltd.
  • Thermo Fisher Scientific

Table Information