Middle East and Africa Medical Automation Market, By Component (Equipment, Software and Services), Type (Automated Prescription Formulation And Dispensing, Automated Health Assessment And Monitoring, Automated Imaging And Image Analysis, Automated Healthcare Logistics, Resource And Personnel Tracking, Medical Robotics And Computer-Assisted Surgical Devices, Automated Therapeutic (Nonsurgical) Procedures, and Automated Laboratory Testing And Analysis), Application (Diagnostics & Monitoring, Therapeutics, Lab & Pharmacy Automation, Medical Logistics & Training and Others), Connectivity (Wired and Wireless), End User (Hospitals, Diagnostic Center, Pharmacies, Research Labs & Institutes, Research Institute, Homecare, Specialty Clinics, Ambulatory Surgical Centers (ASCS) and Others), Distribution Channel (Direct Tender, Retail Sales, Online Sales and Others), Country (South Africa, Saudi Arabia, UAE, Israel, Egypt and Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Middle East and Africa Medical Automation Market
Middle East and Africa medical automation market is expected to reach USD 1,621.35 million by 2028 from USD 888.31 million in 2020, growing with a CAGR of 8.0% in the forecast period of 2021 to 2028. Growing number of surgical procedures and pandemic outbreak of COVID-19 is anticipated to drive the growth of the market.
Before the 1970s, dispensing drugs in a community pharmacy was a time-consuming process. With a simple tray and spatula, the pharmacist dispensed medications in tablet or capsule shape. Many new drugs have been produced at an ever-increasing rate by pharmaceutical manufacturers, and drug prices have been rising steeply. A typical community pharmacist worked longer hours and was often forced to recruit employees to cope up with increased workloads, resulting in less time to concentrate on security issues. The use of a computer to count drugs contributed to these additional variables.
The novel portable electronic digital tablet counting technology was invented by the two brothers named John and Frank Kirby in Manchester, England between 1967 and 1970.
Commercial production of the world's first portable digital tablet counters began on 1 January 1971. Digital technology was exported to America in 1975.
In the 1980s and 1990s, new production of high-speed counting and bottle filling machines were observed in England and America, like their pharmacy-based counterparts, these industrial units were built to be quick and easy to run but remain small and cost-effective.
The medical automation market provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Middle East and Africa Medical Automation Market scope and market size
The medical automation market is categorized into six notable segments which are based on component, type, application, connectivity, end user and distribution channel.
- On the basis of component, the medical automation market is segmented into equipment, software and services. In 2021, equipment segment is expected to dominate the global medical automation market due to growing number of hospitals, which are significantly affecting on further growing demand of equipment.
- On the basis of type, the medical automation market is segmented into automated prescription formulation and dispensing, automated health assessment and monitoring, automated imaging and image analysis, automated healthcare logistics, resource and personnel tracking, medical robotics and computer-assisted surgical devices, automated therapeutic (nonsurgical) procedures, automated laboratory testing and analysis. In 2021, automated therapeutic (nonsurgical) procedures segment is expected to dominate the global medical automation market due to because of the rising number of diabetic as well as cardiac patients requiring automated therapeutic devices like insulin pumps and defibrillators for their treatment.
- On the basis of application, the medical automation market is segmented into diagnostics & monitoring, therapeutics, lab & pharmacy automation, medical logistics & training and others. In 2021, therapeutics segment is expected to dominate the global medical automation market because of the increased demand of therapeutics interventions due to the surging cases of chronic disease and advancement in technologies.
- On the basis of connectivity, the medical automation market is segmented into wired and wireless. In 2021, wired segment is expected to dominate the global medical automation market because of the availability of broad product range in this segment.
- On the basis of end user, the medical automation market is segmented into hospitals, diagnostic center, pharmacies, research labs & institutes, homecare, specialty clinics, ambulatory surgical centers (ASCs). In 2021, the hospitals segment in end use is going to dominate the market, as it is the prime location visited by patients for diagnosis and treatment of any chronic disease or emergency case.
- On the basis of distribution channel, the medical automation market is segmented into direct tender, retail sales, online sales and others. In 2021, the direct tenders segment in distribution channel is going to dominate the market, due to growing demand from hospitals and laboratories.
Medical Automation Market Country Level Analysis
The medical automation market is analysed and market size information is provided by country component, type, application, connectivity, end user and distribution channel.
On the basis of countries, the medical automation market is segmented into South Africa, Saudi Arabia, UAE, Israel, Egypt and Rest of Middle East and Africa.
South Africa in Middle East and Africa is dominating to growing number of hospitals, which are significantly affecting on further growing demand of equipment.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
New Product Launches by Manufactures is Creating New Opportunities for Players in the Medical Automation Market
Medical automation market also provides you with detailed market analysis for every country growth in aesthetic industry with Medical Automation Market sales, impact of advancement in the Medical Automation Market and changes in regulatory scenarios with their support for the Medical Automation Market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Medical Automation Market Share Analysis
Medical automation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to medical automation market.
Some of the major players operating in the Middle East and Africa medical automation market are Brainlab AG, eScreen (a subsidiary of Abbott), QMeds Inc., HollySys Asia Pacific Pte Ltd., SP Automation & Robotics, Asahi Kasei Medical Co., Ltd. (a subsidiary of Asahi Kasei Corporation), Asteres Inc., ARxIUM, MedAvail Technologies, Inc., Stereotaxis, Inc., Parata Systems, LLC, 3M, Accuray Incorporated, Intuitive Surgical, Medtronic, Stryker, Cardinal Health, Omnicell, Inc., STANLEY Healthcare, Leica Biosystems Nussloch GmbH (a subsidiary of Danaher), McKesson Corporation, BD, Baxter, iCAD Inc., Tecan Trading AG, Siemens Healthcare GmbH, Koninklijke Philips N.V., GE Healthcare and Johnson & Johnson Services, Inc., among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launch and agreement are also initiated by the companies’ worldwide which are also accelerating the Medical Automation Market.
- In January 2020, Siemens Healthcare GmbH had launched ACUSON Redwood Ultrasound system at IRIA 2020 Indian Radiological and Imaging Association. The system is device on the company’s new platform base that features more advanced applications for higher clinical confidence. This product launch is estimated to bolster company’s product portfolio and growth pace.
This new product launched by the company has increased its protein estimation portfolio in the market. Collaboration, joint ventures and other strategies by the market player is enhancing the company market in the medical automation market which also provides the benefit for organisation to improve their offering for medical automation market.
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