Surge in the Adoption of Non-vascular Stents to Fuel the Growth of the Non-vascular Stents Market Through the Assessment Period 2017 – 2025

Latest Study on the Global Non-vascular Stents Market

The recently published report by Transparency Market Research on the global Non-vascular Stents market offers resourceful insights pertaining to the future prospects of the Non-vascular Stents market. The underlying trends, growth opportunities, impeding factors, and glaring market drivers are thoroughly studied in the presented report.

As per the report, the global Non-vascular Stents market is projected to grow at a CAGR of ~XX% and exceed the value of ~US$ towards the end of 2029. Moreover, an in-depth analysis of the micro and macro-economic factors that are anticipated to influence the trajectory of the Non-vascular Stents market during the forecast period (2019-2029) is included in the report.

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Critical Insights Related to the Non-vascular Stents Market in the Report:

  • The projected output of the Non-vascular Stents market in 2019
  • Growth and restraints factors likely to influence the dynamics of the Non-vascular Stents market
  • Prospects of the Non-vascular Stents market in various regions
  • Parameters expected to nurture the growth of the Non-vascular Stents market
  • Company profiles of prominent players in the Non-vascular Stents market

Non-vascular Stents Market Segments

A thorough evaluation of the future prospects of the Non-vascular Stents market across various regions is tracked in the report.

scope of the report.

Increasing demand for Internet of Things is an important trend in the global healthcare automation market. With the help of this technology, gathering medical data of patients easily accessible. Moreover, it helps in improving the health by increasing its quality and availability of care and also decreases the costs. Additionally, this technology helps in remote monitoring and clinical care. Demand for wearable technology is increasing rapidly and is an important trend in the global market. Wearable technology is employed for collecting real-time data, continuous monitoring, empowering patients, and predicting and alerting patients about their health. Furthermore, wearable technology helps in tracking surgical recovery that is likely to present more detailed information to doctors and better understand patients’ recovery time.

Global Healthcare Automation Market: Trends and Opportunities

Implementation of automation is anticipated to reduce the amount of labor intensive tasks such as lab tests and clinical diagnostics, thereby helping hospitals or clinics to save costs pertaining to the processes. Automation allows medical individuals to carry out other important tasks since it helps in performing repetitive tasks. This is estimated to help in carrying out the tasks efficiently. These technologies are employed to carry out different critical tasks that need accuracy and can be accomplished through automated machines, which again indicates reduction of overhead counts.

Moreover, automation decreases wastage of time as compared to manual labor. This factor is likely to have a medium impact during the short-term period. Increasing government investment is an important factor propelling the global market during the forecast period. Usage of smart technology in the market is propelling the demand for healthcare automation. Currently, the government is supporting implementation of automation in healthcare by providing funds and investments in the healthcare industries.

For instance, in Europe, government bodies, such as Medicines and Healthcare Products Regulatory Agency, are endorsing automated system for pharmacies. Government authorities are investing funds in research and development assisting innovation in the healthcare automation sector. Rising health issues is a major concern, globally, so to overcome such issues newer types of automation technologies have to be implemented in the healthcare automation section. Rising advancement in technology is another driving factor in this market. Technological advancement helps in developing energy efficient technologies that are likely to help in real-time data collection, continuous monitoring, predicting and alerting the increasing risk of possibly serious health issue, and alert the healthcare providers that an interference is required.

Global Healthcare Automation Market: Segmentation

The global healthcare automation market is bifurcated on the basis of application into therapeutic automation, lab and pharmacy automation, logistics and training automation and diagnostics and monitoring automation. In 2016, therapeutic automation market accounted for the highest market revenue share. Need for accuracy and rising cost of labor are some of the major factors bolstering the demand of this segment globally during the forecast period. Moreover, on the basis of end use the market is bifurcated into pharmacies, research institutes and labs, home care and others. Research institutes and labs held the highest market revenue globally during the forecast period. The geographical split of the global market encompasses North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America holds the highest market share followed by Europe and Asia Pacific in 2016.

Key Players Mentioned in the Report are:

Some of the principal players in the global healthcare automation market are Siemens AG (Germany), General Electric Company (U.S.), Swisslog Holding AG (Switzerland), Koninklijke Philips N.V. (the Netherlands), Medtronic PLC (Ireland), Intuitive Surgical, Inc. (U.S.), Stryker Corporation (U.S.), Danaher Corporation (U.S.), Accuray Inc. (U.S.) and Tecan Group Ltd. (Switzerland) among others.

The market has been segmented as follows:

Healthcare Automation Market, by Application:

  • Therapeutic Automation
  • Lab and Pharmacy Automation
  • Logistics and Training Automation
  • Diagnostics and Monitoring Automation?

Healthcare Automation Market, by End Use:

  • Pharmacies
  • Research institutes and labs
  • Home Care
  • Others

Healthcare Automation Market, by Geography:

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • South Africa
    • U.A.E.
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Rest of Latin America

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Important queries related to the Non-vascular Stents market addressed in the report:

  1. What is the projected value of the Non-vascular Stents market in 2029?
  2. In which region is the concentration of tier 1 companies the highest?
  3. How have the evolving regulatory policies influenced the growth of the Non-vascular Stents market?
  4. How are market players expanding their footprint in the global Non-vascular Stents market?
  5. Which end-use is expected to dominate the Non-vascular Stents market in terms of share and demand?

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