Medical Automation systems involves safely assisting patients with care to avoid any injuries to patient or caregiver and equipment provides effective mobility, comfort to patients using tools such as slings, lifts, hoists, etc. which help in safe and easy patient handling experience. Growing demand for automation in the medical field is primarily driven by the constant rise in labor cost worldwide. Also, advancement in technologies coupled with rising investment by key players in this market drives the industry growth. Furthermore, increasing incidence of musculoskeletal disorders (MSDs) coupled with aging population provides a healthy platform for this market to grow over the forecast period. However, high cost and lack of skilled professionals in developing regions are anticipated to hamper the overall industry growth in the future period.

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Key Takeaway:
•In terms of application, the market is divided into Therapeutic, Diagnostic, Laboratory & Pharmacy, and Medical Logistics. Among which therapeutic segment accounted for the largest share of the total industry.
•In 2017, therapeutic automation achieved USD 13.8 billion and is projected to remain on the top spot over the future period
•North America capture the largest share owing to the introduction of innovative products coupled with rising research and development activities by key players
•Middle East Africa is considered to record the lowest revenue in 2017 owing to the low awareness regarding new medical technologies. Engagement with the academia and government to develop relevant courses that will develop required skill base for the industry and introduction of proper training institutes will help this region to capture significant share in this market in long run.
•The market is largely controlled by well-established players even though the presence of small companies is noticeable too. Companies such as Medtronic, GE Healthcare, Stryker, Siemens, and Philips exhibit their strong presence.

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The scope of this report covers the market by its major segments, as follows: Market, by application: Diagnostic, Therapeutic, Laboratory & Pharmacy and Medical Logistics; Market, by Region: North America, Europe, Asia Pacific, Latin America, Middle East and Africa and Rest of the World; Market, by Country: U.S., Canada, Germany, France, India, and China

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