Healthcare Machine Vision System Market to Reach $4.5 Billion, Globally, By 2031 at 22.4% CAGR: Allied Market Research

Increase in demand for automation in healthcare applications and rise in demand for machine vision-guided robotics in the drug dispensing industry drive the growth of the global healthcare machine vision system market.

PORTLAND, Ore., June 15, 2022 /PRNewswire/ — Allied Market Research published a report, titled, ‘Healthcare Machine Vision System Market By Product Type (MV Camera with Host PC, Smart Camera, Vision-Based Barcode Readers), Type (1D, 2D, 3D), Application (In Vitro Diagnostics, Access Tracking, Surgical, Patient Monitoring, Microscopy [Histopathology], Drug Dispensing): Global Opportunity Analysis and Industry Forecast, 2021-2031.’ According to the report, the global healthcare machine vision system industry generated $617.40 million in 2021, and is expected to reach $4.5 billion by 2031, witnessing a CAGR of 22.4% from 2022 to 2031.

Allied Market Research Logo

Drivers, Restraints, and Opportunities

Increase in demand for automation in healthcare applications, the introduction of cloud-based healthcare solutions, and rise in demand for machine vision-guided robotics in the drug dispensing industry drive the growth of the global healthcare machine vision system market. However, lack of skilled professionals in developing countries limits the market growth. On the other hand, surge in demand for artificial intelligence (AI)-based equipment in the healthcare sector creates new opportunities in the coming years.

Download Sample Report (Get Full Insights in PDF – 278 Pages) at https://www.alliedmarketresearch.com/request-sample/11687

COVID-19 Scenario:

  • The demand for machine vision systems increased in the healthcare sector during the Covid-19 pandemic patient monitoring and tracking. However, supply chain disruptions and stoppage of manufacturing activities during the lockdown created a supply-demand gap.
  • R&D activities related to machine vision systems were restrained due to lockdown measures, lack of availability of skilled professionals, and delay in investments in new projects with occurrence of economic uncertainty.

The 2D segment to maintain its lead position throughout the forecast period

Based on type, the 2D segment accounted for the highest share in 2021, accounting for nearly half of the global healthcare machine vision system market, and is estimated to maintain its lead position throughout the forecast period. This is due to increase in applications such as drug dispensing, patient monitoring, and others with rise in demand for two-dimensional (2D) barcode and label scanning systems in hospitals and clinics. However, the 3D segment is projected to witness the highest CAGR of 23.8% from 2022 to 2031. This is attributed to usage of devices that offer 3D vision images in the healthcare sector that enable the surgeons to understand and devise accurate strategies for a better procedure.

Get Detailed Analysis of COVID-19 Impact on Healthcare Machine Vision System Market at https://www.alliedmarketresearch.com/request-for-customization/11687?reqfor=covid        

The surgical segment to continue its leadership status throughout the forecast period

Based on application, the surgical segment held for the highest share in 2021, accounting for nearly one-fourth of the global healthcare machine vision system market, and is estimated to continue its leadership status throughout the forecast period. This is due to increase in advanced surgical facilities across the healthcare sector globally. However, the patient monitoring segment is projected to manifest the highest CAGR of 23.6% from 2022 to 2031, owing to implementation of wireless health monitoring devices for tracking respiration, invasive & non-invasive blood pressure, and others.  

Asia-Pacific contributes to the highest revenue 

Based on region, Asia-Pacific held the highest market share in 2021, accounting for around one-third of the global healthcare machine vision system market. This is due to rise in adoption of internet of things (IoT) technology and surge in investments by prime players in data centers. However, Europe is projected to portray the fastest CAGR of 23.3% from 2022 to 2031, owing to technological advancements in machine vision technology.

Interested to Procure the Data? Inquire Here at https://www.alliedmarketresearch.com/purchase-enquiry/11687

Leading Market Players

  • Baumer
  • Cognex Corporation
  • FLIR Systems, Inc.
  • Basler
  • Keyence
  • Omron Corporation
  • Teledyne Group
  • TKH Group
  • Sony Corporation

Access AVENUE – A Subscription-Based Library (Premium On-Demand, Subscription-Based Pricing Model) at https://www.alliedmarketresearch.com/library-access 

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world’s largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request For 14 Days Free Trial of Before Buying: https://www.alliedmarketresearch.com/avenueTrial 

Similar Reports:

Machine Vision System Market to Garner $74.9 Billion By 2027

Machine Learning Chip Market to Reach $37.85 Billion By 2025

3D Metrology Market Projected to Hit $19.61 Billion By 2030

Video Surveillance Market Projected to Reach $144.85 Billion By 2027

Conversational AI Market to Grow $32.62 Billion By 2030

Smartwatch Market Estimated to Attain $96.31 Billion By 2027

3D Printing Market Expected to Reach $94.0 Billion By 2030

Digital Signage Market Projected to Grow $32.12 Billion By 2026

Pre-Book Now with 10% Discount:

Digital Imaging Market: Global Opportunity Analysis and Industry Forecast 2021-2030 

Digital Inspection Market: Global Opportunity Analysis and Industry Forecast 2021-2030

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 
1-800-792-5285, 1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: https://www.alliedmarketresearch.com 
Follow Us on LinkedIn and Twitter

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/healthcare-machine-vision-system-market-to-reach-4-5-billion-globally-by-2031-at-22-4-cagr-allied-market-research-301568413.html

SOURCE Allied Market Research

error: Content is protected !!