The Asian medical logistics and training market, mainly driven by rising labor costs and the introduction of novel products, was valued at $577.7 million in 2013 and is expected to reach $1,700.1 million by 2018, growing at a CAGR of 24.1% during the forecast period. The medical logistics market includes automated hospital pickup and delivery and hospital asset/patient/staff tracking systems, while the training market includes patient simulators.
The report, ‘Asia Medical Logistics and Training Market Forecast, 2008-2018’, analyzes the market under two segments: logistics automation and trainers. The medical logistics automation market constituted the largest share of (18.0%) in 2013 and is expected to reach $1,558.9 million by 2018. This can be attributed to the wide usage of systems such as pneumatic tubes, automated guided vehicles (AGV), radio-frequency identification (RFID), and real-time location systems (RTLS) in big hospitals and diagnostic centers. The use of logistics automation in hospitals has grown exponentially due to advantages such as cost effectiveness, reduction in incidences of theft in hospitals, and time saving. Trainers contributed $48.6 million to the total market in 2013, which is expected to reach $141.2 million by 2018.
China is the largest market in the Asian medical logistics and training market, with an estimated market value of $231.1 million in 2013 which is expected to reach $680 million by 2018, followed by Japan and India.
Emerging Asian economies are on the priority list for most automated device manufacturing companies. Over the next five years, the growth of this market in the Asian region is likely to be centered in Taiwan, China, Japan, Singapore, and India.
This report also provides an extensive competitive landscape of companies operating in this market. The main companies extensively covered in this report are Asahi Kasei Corporation and Omron Corporation, among others.
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Product Analysis
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- End-user adoption rate analysis of the products (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, training centers, and healthcare expenditure)
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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. |
Upcoming | |
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. |
Upcoming | |
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 |