Medical Automation Market - A review and Challenging Global Scenario
Automation can be highly
advantageous for the pharmaceuticals industry. Automation brings in an
operational advantage and has the potential to redefine the future of the
healthcare industry. The advent of accurate, faster, and easy-to-use medical
devices is expected to be a real game changer for the medical automation
market.
One of the major reasons
why medical automation has become essential in the medical industry is the
shortage of nurses. As per an article published in Health Affairs, by 2025, it
is expected that the healthcare industry in the U.S. will face a shortage of about
260,000 nurses. A similar scenario is expected in other developed countries
where the workforce is rapidly aging. A rise in the aging population will
require more care and more staffing levels, which the healthcare industry will
not be able to provide due to a shortage of staff. Thus, with fewer humans
available to carry out tasks in the healthcare industry, many pharmaceutical
and healthcare companies are focusing on automation. The global medical
automation market is growing, states a research report by Transparency Market
Research (TMR).
Browse
Full Report : http://www.transparencymarketresearch.com/medical-automation-market.html
In
this blog post, TMR answers three critical questions about the medical
automation market:
Q.
What is driving the healthcare industry towards medical automation?
An average hospital’s
financial statement will reveal that around 50-60% of its expenses are on
salaries and benefits. Medical automation will reduce the need for hiring more
staff and thus, save expenses, while doing the tasks more efficiently and
quickly. Automation will soon become essential and not just a luxury as there
will be a lack of care providers who can continuously check on the patients and
monitor them. This need will drive the medical automation market.
Moreover, medical
automation has several advantages, such as, improving quality and consistency,
reduced paper waste, and data driven insights. These benefits are expected to
boost the medical automation industry.
Q. How is medical automation improving productivity and reducing
dependence on IT?
Many of the healthcare
companies depend extensively on the IT department for addressing their issues
and needs in a timely manner. However, it is not always possible for the IT
department to have the manpower or the solution to every problem. For instance,
Envision Healthcare enlisted ServiceNow for medical automation services. This
has helped them reduce dependence on their IT department and cut IT lead times.
Electronic approval processes, less paperwork, and automation of the workflow
have all helped in the streamlining of the department and reduced operational
costs.
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A Sample Of This Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11921
Q.
What are the recent developments in the medical automation industry?
GE Healthcare
and Accenture have announced the extension of their partnership to bring to
table a leading analytics technology that can help improve medical claims
processing, which is critical for the healthcare industry, especially in the
U.S. The two companies are expected to combine their capabilities and drive the
financial performance of healthcare organizations. The analytics technology is
expected to provide healthcare organizations with actionable insights that can
reduce claims denials.
With such new
technologies being developed rapidly and integrated into the day-to-day
activities, health care organizations will have more data sources.
For more
Information Visit: http://www.tmrblog.com/2016/06/medical-automation-market.html
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