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(Transportation-News.com, September 20, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Automation Control in Medical Devices market for 2018-2023.
We recognizes the following companies as the key players in the global automation control market in medical devices industry: ABB, General Electric, Rockwell Automation, Schneider Electric, and Siemens.
According to the report, one driver in the market is stringent regulatory requirements for product development documentation process. Medical device manufacturers must comply with the regulatory requirements and ensure the quality of manufacturing process, to streamline and simplify complex regulatory reporting tasks. Manufacturers must focus extensively on safety as medical equipment is primarily focused on human wellness.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is shift from on-premises to cloud-based systems. Medical device manufactures in the market are becoming steadily aware of the benefits of adopting cloud-based environment. The advantages offered by the adoption of cloud-based systems include reduced cost, greater flexibility, and enhanced functionality.”
Over the next five years, this report projects that Automation Control in Medical Devices will register a 5.8% CAGR in terms of revenue, reach US$ 1000 million by 2023, from US$ 760 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Automation Control in Medical Devices market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
MES
PLC
DCS
SCADA
Segmentation by application:
Hospital
Clinical
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
ABB
General Electric
Rockwell Automation
Schneider Electric
Siemens
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automation Control in Medical Devices consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Automation Control in Medical Devices market by identifying its various subsegments.
Focuses on the key global Automation Control in Medical Devices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automation Control in Medical Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automation Control in Medical Devices submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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