The Asian lab and pharmacy automation market, mainly driven by product innovations, time efficiency, and operational efficiency, was valued at $550.4 million in 2013 and is expected to reach $903.2 million by 2018, growing at a CAGR of 10.4% during the forecast period.
The report, ‘Asia Lab and Pharmacy Automation Market Forecast, 2008-2018’, analyzes the market under two segments: lab automation and pharmacy automation. The lab automation market constituted the largest share of 14.3% of the total market in 2013 and is expected to reach a value of $688.7 million by 2018. This growth can be attributed to the wide usage of automated liquid handling systems in research labs. The lab automation market is driven by product innovations, which offer various advantages such as time savings, less human intervention, quality results, and lesser sample volumes required to carry out tests.
The increasing demand for accuracy, safety, industry standards and competency in the pharmacy environment by regulatory authorities, manufacturers, healthcare professionals and consumers has aided the growth of pharmacy automation market.
China is the largest market in the Asian region and was valued at $220.1 million in 2013, expected to reach $361.3 million by 2018, followed by Japan and India. The growth of the Asian market is likely to be driven by rising labor costs and research-related activities, compelling the medical industry in the region to opt for automation. Moreover, the growth in the Asian market is likely to be driven by improving healthcare facilities in countries like Singapore, Malaysia, and Japan.
This report also provides an extensive competitive landscape of companies operating in this market. Some of the main companies extensively covered in this report Asahi Kasei Corporation and OMRON Corporation.
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Product Analysis
- Usage pattern (in-depth trend analysis) of endoscopes (segment wise)
- Product matrix which gives a detailed comparison of the product portfolio of each company mapped at country and sub-segment level
- End-user adoption rate analysis of endoscopes (segment wise and country wise)
- Comprehensive coverage of product approvals, pipeline products, and product recalls
- Macroeconomic indicators (number of hospitals and diagnostic centers, reimbursement scenario, and healthcare expenditure)
Researcher/Pharmacist Perception Analysis
- Fast turnaround analysis of response of researchers/pharmacists to market events and trends
- Opinion of researchers and pharmacists about products from different companies
Brand/Product Perception Matrix
- Comprehensive study of customers perception and behavior through our inbuilt social connection tool checking the virality and tonality of blogs
- Analysis of overall brand usage and familiarity and brand advocacy distribution (detractor/neutral/familiar)
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Asian Medical Automation Market The Asian Medical Automation Market was pegged at $6.6 billion in 2013 and expected to be $11.3 billion by 2018, growing at a CAGR of 11.3%. The report “Asian Medical Automation Market forecast, 2012-2018 “analyzes the market by 4 segments such as diagnostic and monitoring automation market, therapeutic automation market, lab and pharmacy automation market, and logistics and training automation market. The main companies operating in Medical automation market and extensively covered in this report are GE Healthcare, Philips Healthcare, Siemens Healthcare, AGFA healthcare, Insight Pharmaceuticals and Konica Minolta Medical. |
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European Medical Automation Market The European Medical Automation market was $10.8 billion in 2013 and is expected to be $15.8 billion by 2018, at a CAGR of 7.8%. The report “European Medical Automation Market Forecast, 2012-2018”, analyzes the market by 4 segments such as diagnostic and monitoring, therapeutic, lab and pharmacy, and logistics and training. The key players of the market covered in this report are GE Healthcare, Philips Healthcare, Siemens Healthcare, AGFA healthcare, Insight Pharmaceuticals, Konica Minolta Medical and others. |
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North American Medical Automation Market The North American Medical Automation market was $23.3 billion in 2013 and is expected to be $35.9 billion by 2018, at a CAGR of 9%. The diagnostic and monitoring automation market is the largest segment of North American medical automation market. The report “North American Medical Automation Market Forecast, 2012-2018”, analyzes the market by 4 segments such as diagnostic and monitoring, therapeutic, lab and pharmacy, and logistics and training. The key players of the market covered in this report are GE Healthcare, Philips Healthcare, Siemens Healthcare, AGFA healthcare, Insight Pharmaceuticals, Konica Minolta Medical and others. |
Upcoming |