Global Medical Automation Technologies Market Outlook (2014-2022)

Due to the increased demand of the key factors that are influencing the market growth include rising healthcare costs, investment by venture capitalists and the increase in use of point of care testing devices (glucose meters, digital blood pressure monitors, pregnancy test kits and HIV test kits), global medical automation technologies market is expected to grow at a compound annual growth rate (CAGR) of 8.82% and reach US$95.2 billion by 2022 from $48.4 billion in 2014.