Worldwide Medical Automation Market Regional Analysis:
The Americas dominate the Global Medical Automation Market owing to an increasing
prevalence of the diseases like cancer, diabetes, and others. Moreover, growing
biotechnology and biopharmaceutical sector within the region is fuelling the market during
the forecast period. In 2016 according to the National Cancer Institute, approximately
1,685,210 new cases of cancer were diagnosed in the United States and approximately
595,690 deaths were reported due to the same, Europe is the second largest market for the
global medical automation. The market growth in the European region is facilitated by the
presence of developed economies. Huge patient population and rising healthcare
expenditure within the region is further fuelling the market growth within the region. In Asia
Pacific region growing biotech and biopharmaceutical factor, increasing patient population
and rising healthcare expenditures along with the increasing demands for the robotic
surgery is driving the market growth. Moreover, favorable government policies are boosting
the market growth within the region. The Middle East & Africa & Africa holds the least
market share. This can be attributed to the presence of the low per capita income and
stringent government policies, especially within the African region.
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The International Medical Automation Market is expected to grow at a CAGR of 7.0% during
the forecast period. The Global Medical Automation Market is segmented on the basis of
type, and end users. On the basis of type, the market is segmented into diagnostic &
monitoring automation, therapeutic automation, lab & pharmacy automation, medical
logistics & training, and others. The diagnostic & monitoring automation segment is sub-
segmented into automated imaging, point-of-care testing (POCT), automated image
analysis, and others. The therapeutic automation segment is sub-segmented into non-
surgical automation, surgical automation, and others. The medical logistics & training
segment is sub-segmented into logistic automation, trainers and others.
According to the Biotechnology and Biological Sciences Research Council in 2015, the U.K
biotechnology businesses spent approximately USD 2.6 billion on equipment, materials, and
services. Additionally, rising demands for robotic surgery and rising healthcare expenditure
is boosting the market growth. In 2014, according to the Health Research Funding, in 2012
approximately 400,000 robotic surgeries were performed across all types of surgeries in the
U.S. Moreover, it is suggested that blood transfusion rates during robotic surgeries are
minimal as compared to the open surgery blood transfusion rates that may be up to 40%.
However, the high cost of automation, risks associated with the robotic surgery along with
the necessity of physician training are the major restraining factor for the market growth
during the forecast period. In 2018, according to a case study published in the Journal of
Public Health Research, the unified automated laboratory in Brescia called Core-Lab’s
equipment cost increased approximately from USD 17.7 million to USD 24.2 million due to
lab automation. Moreover, it was estimated that the physicians need a rigorous training for
the surgical application of the medical robots. Approximately, USD 3,000 is the training cost
per physician.
Medical Automation Market Segmentation:
The Global Medical Automation Market is segmented on the basis of type and end users.
On the basis of type, the market is segmented into diagnostic & monitoring automation,
therapeutic automation, lab & pharmacy automation, medical logistics & training, and
others. The diagnostic & monitoring automation segment is sub-segmented into automated
imaging, point-of-care testing (POCT), automated image analysis, and others. The
therapeutic automation segment is sub-segmented into non-surgical automation, surgical
automation, and others. The medical logistics & training segment is sub-segmented into
logistic automation, trainers, and others.