Global Healthcare Automation Market Overview:
Increment of computing speed, machine learning, and human interface, have prolonged abilities of artificial intelligence applications to an important stage. It is projected that the use of artificial intelligence to automate knowledge-based occupations in medicine and engineering, as it has a global enormous economic impact in the future. Automation in the healthcare vertical provides ease of diagnostics and a better possibility for the early detection of diseases and treatment. The growth of how smart machines naturally will interact with healthcare professionals, patients, and patients' families is very significant.
- Increasing Government Support for Medical Automation
- Increasing use of Information Technologies and Control Systems in Healthcare Industry
- High-Tech Solutions Offered By Healthcare Automation
- High Cost Related to Healthcare Automation
- Rapid Advances in Technology
- Stringency of Regulatory Processes Delays Product Launches
Some of the key players profiled in the report are Swisslog Holding AG (Switzerland), Siemens AG (Germany), Tecan Group Ltd. (Switzerland), Koninklijke Philips N.V. (Netherlands), Accuray Incorporated (United States), Danaher Corporation (United States), Intuitive Surgical, Inc. (United States), General Electric Company (GE) (United States), Medtronic PLC. (Ireland) and Stryker Corporation (United States). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Healthcare Automation market by 2024. Considering Market by End-User, the sub-segment i.e. Hospitals and Diagnostic Centers will boost the Healthcare Automation market.
On October 18, 2019 - Philips and Klinikum Stuttgart hospital sign 10-year innovation partnership agreement. The long-term strategic partnership agreement covers the demand-oriented replacement and procurement of state-of-the-art medical technology, including diagnostic imaging and intelligent informatics solutions, at Klinikum Stuttgart hospitals, together with joint development of new workflows and connected care solutions.
On October 17, 2019 - Philips extends AI capabilities for high acuity virtual care venues with launch of Sentry Score. Sentry Score is a predictive algorithm for the adult intensive care unit (ICU) that shows a patientís probability of receiving an intervention within 60 minutes. Sentry Score patient risk predictions are continuously updated as new vital sign data are received, providing deeper insights into the patientís trajectory, which can provide the opportunity for earlier intervention.
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Healthcare Automation market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Healthcare Automation market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Healthcare Automation Manufacturers, Suppliers of Healthcare Automation, Wholesalers, Distributors and Retailers of Healthcare Automation, Healthcare Industry and Research Laboratories and Institutes.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.