Latest Study on Industrial Growth of Medical Automation Technologies Market 2023-2029. A detailed study accumulated to offer Latest insights about acute features of the Medical Automation Technologies Market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The market includes news and updates about the market current situation, historic data, present market trends, and this factor which is valuable and supportive to the business. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. The report aims to supply a further illustration of the newest scenario, economic slowdown, and COVID-19 impact on the overall industry. This research report was put together using both static and dynamic viewpoints on business.
The Medical Automation Technologies market is anticipated to register an expansion at a CAGR of 10.35% during the forecast period, 2023–2029.
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Key Players in This Report Include:
Advanced Bioscience Laboratories, Boehringer Ingelheim, Brammer Bio, Creative Biogene, GE Healthcare, Pfizer, Sanofi
Industry News:
GE Healthcare has acquired 31 companies, including 5 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 11 assets. GE Healthcare’s largest acquisition to date was in 2021, when it acquired BK Medical Holding Company for $1.5B. It’s largest disclosed sale occurred in 2018, when it sold Virence Health Technologies to Veritas Capital for $1.1B. GE Healthcare has acquired in 11 different US states, and 6 countries. The Company’s most targeted sectors include medical products (42%) and healthcare services (21%).
Sanofi has acquired 30 companies, including 9 in the last 5 years. A total of 10 acquisitions came from private equity firms. It has also divested 14 assets. Sanofi’s largest acquisition to date was in 2011, when it acquired Genzyme for $20.1B. It’s largest disclosed sale occurred in 2018, when it sold Zentiva Group a.s. to Advent International for $2.2B. Sanofi has acquired in 8 different US states, and 11 countries. The Company’s most targeted sectors include life science (66%) and medical products (16%).
The Medical Automation Technologies market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market, opportunities and upcoming challenges and about the competitors.
The Medical Automation Technologies Market segments and Market Data Break Down are illuminated below
By Type:
Medical Robotics
Computer-Assisted Surgical Devices
By Application:
Hospitals
Clinics
Others
The Medical Automation Technologies market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Following are the various regions covered by the Medical Automation Technologies Market research report:
North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Russia, Spain, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, and Rest of APAC), South America (Brazil, Argentina, Columbia and Rest of Latin America), Middle East & Africa (Saudi Arabia, South Africa, Turkey, Nigeria, UAE and Rest of MEA)
High Research and Development investments accelerating the medical automation market in North America
North America dominated the industry in 2022 due to high Research and Development investments, product launches, and government initiatives. Furthermore, the growth is attributed to the presence of a well-established healthcare infrastructure, which has increased the use of laboratory automation in the region. In addition, the supportive reimbursement framework and the regional presence of major players in this region are also augmenting the penetration of novel solutions in the market.
Consumers with high cases of chronic diseases such as diabetes, cardiovascular disease, cancer, and others are also fuelling the requirement for government assistance in healthcare automation technology. Additionally, the rising demand for robotic surgery and good medical services as well as increasing preference for diagnostics & monitoring automation is augmenting the market growth in the USA
Developed medical infrastructure to augment the market growth of Europe
The Europe medical automation market is expected to expand at a CAGR of 9.30% from 2023 to 2033. The growing demand for technology-driven systems, the presence of major players, and the presence of well-established and developed healthcare infrastructure are expected to contribute to the region’s market growth.
In addition, the presence of government agencies, such as the Medicines and Healthcare Products Regulatory Agency, is critical in certifying pharmacy automation systems and other devices with European standards, which is anticipated to give growth opportunities in the coming years for this regional market.
Asia-Pacific exhibits the fastest growth rate among all regions
Asia-Pacific is expected to be the fastest-growing segment during the forecast period. This is attributable to the growth of medical infrastructure, rising consumer awareness, and increasing application of automated technology in the medical sector in countries like China, India, and others. Moreover, the healthcare automation industry is also growing owing to the rise in the geriatric population along with rising cases of chronic disease, the proliferation of medical infrastructure, and others.
Key Points Covered in Market Report:
-Market Overview, Definition and Classification Market drivers and barriers
-Market Competition by Manufacturers
-Impact Analysis of COVID-19 on Market
-Market Capacity, Production, Revenue (Value) by region (2023-2029)
-Medical Automation Technologies Supply (Production), Consumption, Export, Import by Region (2023-2029)
– Medical Automation Technologies market Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,}
-Medical Automation Technologies Manufacturers Profiles/Analysis & Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
-Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry Road map and value chain Market Effect Factors Analysis.
Objectives of the Report
- To carefully analyses and forecast the size of the market by value and volume.
- To estimate the market shares of major segments of the Medical Automation Technologies
- To showcase the development of the market in different parts of the world.
- To analyze and study micro-markets in terms of their contributions to the Medical Automation Technologies market, their prospects, and individual growth trends.
- To offer precise and useful details about factors affecting the growth of the Medical Automation Technologies
- To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Medical Automation Technologies market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Key questions answered
– How feasible is Medical Automation Technologies market for long-term investment?
– What are influencing factors driving the demand for Medical Automation Technologies near future?
– What is the impact analysis of various factors in the Medical Automation Technologies market growth?
– What are the recent trends in the regional Medical Automation Technologies market and how successful they are?
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