The Global Medical Automation Market Is Witnessing High Growth Owing To the High Expansion of Healthcare Centers in the World

 

Medical Automation Market
Medical Automation Market

Market Overview:

Medical automation refers to the use of technology to simplify processes that healthcare providers do every day, often repetitive and data-based tasks. The goal is to provide healthcare professionals with more time to focus on patient care, reducing costs and inefficiencies. Surgical robots and AI-based 'brains' are two of the most common examples of healthcare automation. They help surgeons perform complex procedures without the need for human intervention. They also help doctors make faster, more accurate diagnoses that can prevent complications and reduce malpractice lawsuits. These allow surgeons to do things such as create precise and minimally invasive incisions, stitch wounds, and more. The technology also makes it possible for physicians to analyze and interpret scans and other diagnostic tests without human input, so they can make quicker decisions on what treatment options are best.

Competitive Landscape:

Major players operating in the global medical automation market include Danaher Corporation, Stryker Corporation, Intuitive Surgical, Inc., Tecan Group Ltd., Hitachi, Schneeberger, Muratec, Ltd., Kahle automation, Accuray Incorporated, Medtronic Plc, General Electric Company, Siemens AG, and Koninklijke Philips N.V.

Key Market Drivers:

The increasing expansion of hospitals in the world is expected to augment the growth of the global medical automation market. For instance, according to Sanctuary Personnel, there are more than 1257 hospitals in the UK. Automating diagnostic tests is important because it can save lives by speeding up treatment for patients who are at risk of serious illnesses. Delayed diagnosis can cause a patient to be treated with the wrong medication or even worse, can result in further damage or deterioration of the disease. Moreover, the implementation of several automated mechanisms in the healthcare sector is estimated to enhance the growth of the global medical automation market. 

Covid-19 Impact Analysis:

During the COVID-19 pandemic, there have been several developments in the global medical automation market. For instance, in May 2021, Corin Group announced the updates to its cloud-based digital ecosystem, along with a software upgrade for CorinConnect.

Key Takeaways:

·         North America is expected to dominate the growth of the global medical automation market, owing to the high prevalence of key companies in the region. For instance, in May 2021, Ortho Development announced that the United States Food and Drug Administration approved the company's BKS TriMax and BKS with THINK Surgical's TSolution One TKA application.

·         The Asia Pacific is estimated to enhance the growth of the global medical automation market, owing to the increasing expansion of healthcare centers in the region. For instance, according to the Japan Hospital Association, there are around 8.2 thousand hospitals in Japan currently.

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