Global medical automation market to reach $79.4B by 2024: 5 things to know

The global medical automation market is expected to experience significant growth through 2024, according to a Grand View Research report.

Here are five things to know:

1. By 2024, the market is expected to reach $79.4 billion.

2. Rising device adoption and an increasing prevalence of chronic disease are fueling market growth.

3. Additionally, advanced defibrillators and ablation therapies will drive market growth.

4. The medical logistics and training segment is projected to grow at a compound annual growth rate of 10 percent through 2024.

5. Market players include Accuray, Tecan Group, Medtronic, Swisslog, GE Healthcare, Intuitive Surgical, Stryker, Siemens, Koninklijke Philips and Danaher.

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