The automation control market size in medical devices industry in the Americas has the potential to grow by USD 398.39 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.62%.
This report provides a detailed analysis of the market by product (MES, PLC, DCS, and SCADA), geography (the US, Canada, Mexico, and the rest of Americas), and key vendors.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Automation Control Market in Medical Devices Industry in Americas
Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- ABB Ltd.
- Emerson Electric Co.
- Facteon Intelligent Technology Ltd.
- Festo SE & Co. KG
- General Electric Co.
- Rockwell Automation Inc.
- ROSS Group
- Schneider Electric SE
- Siemens AG
- Thermo Fisher Scientific Inc.
The automation control market in medical devices industry in Americas is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as steady growth of the medical devices industry to achieve growth opportunities. However, factors such as high cost of automation will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the automation control market forecast in medical devices industry in Americas report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This automation control market analysis in medical devices industry in Americas report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
Automation Control Market in Medical Devices Industry in Americas: Key Drivers and Trends
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Automation Control Market in Medical Devices Industry in Americas: Segmentation by Geography
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67% of the market’s growth will originate from the US during the forecast period. Market growth in this country will be faster than the growth of the market in Canada, Mexico, and the rest of Americas.
The availability of favorable reimbursement policies and regulations is one of the prime factors that will facilitate the automation control market growth in medical devices industry in Americas over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Automation Control Market in Medical Devices Industry in Americas: Segmentation by Product
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The medical device industry, specifically in North America, is well-established and embracing digitalization. The MES is incorporated with the medical device development process to increase the efficiency of production operations and to enhance transparency and traceability. The MES segment is primarily driven by factors such as improved batch-release and record-storing, efficient production and scheduling, tracking of products, cost-efficiency, compliance, visibility, and effective inventory management. The market segment is expected to exhibit a fast growth rate during the forecast period.
The post COVID-19 impact has fast-tracked the demand for MES. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automation control market size in medical devices industry in Americas.
Automation Control Market in Medical Devices Industry in Americas: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive automation control market growth in medical devices industry in Americas during the next five years
- Precise estimation of the automation control market size in medical devices industry in Americas and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automation control market in medical devices industry across the US, Canada, Mexico, and the rest of Americas
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automation control market vendors in medical devices industry in Americas
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Automation Control Market In Medical Devices Industry In Americas Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7% |
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Market growth 2021-2025 |
$ 398.39 million |
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Market structure |
Fragmented |
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YoY growth (%) |
7.35 |
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Regional analysis |
US, Canada, Mexico, and Rest of Americas |
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Performing market contribution |
US at 67% |
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Key consumer countries |
US, Canada, and Mexico |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ABB Ltd., Emerson Electric Co., Facteon Intelligent Technology Ltd., Festo SE & Co. KG, General Electric Co., Rockwell Automation Inc., ROSS Group, Schneider Electric SE, Siemens AG, and Thermo Fisher Scientific Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |