The North American medical logistics and training market, mainly driven by rising labor costs and the introduction of novel products, was valued at $1,707.0 million in 2013 and is expected to reach $3,920.6 million by 2018, growing at a CAGR of 18.1% during the forecast period. The medical logistics market includes automated hospital pickup and delivery and hospital asset/patient/staff tracking systems, while the training market includes patient simulators.
The report, ‘North America Medical Logistics and Training Market Forecast, 2008-2018’, analyzes the market under two segments: logistics automation and trainers. The medical logistics automation market constituted the largest share of 52.6% of the total market in 2013 and is expected to reach a value of $3,553.1 million by 2018. This can be attributed to the wide usage of systems such as pneumatic tubes, automated guided vehicles (AGV), radio-frequency identification (RFID), and real-time location systems (RTLS) in big hospitals and diagnostic centers. The use of logistics automation in hospitals has grown exponentially due to advantages such as cost effectiveness, reduction in incidences of theft in hospitals, and time saving. Trainers contributed $156.6 million to the total market in 2013, which is expected to reach $367.5 million by 2018.
The U.S. is the largest market in the North American medical logistics and training market with an estimated value of $1,570.5 million, which is expected to reach $3,607.0 million by 2018. A number of collaborations and agreements between various major players that provide hospitals with advanced asset management and tracking solutions have provided the much-needed impetus for the growth of this market.
The report also provides an extensive competitive landscape of companies operating in this market. The main companies extensively covered in this report are Ekahau, Inc., CareFusion Corporation, Omnicell, Aerocom, and CAE Healthcare.
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- Usage pattern (in-depth trend analysis) of products in the market (segment wise)
- Product matrix which gives a detailed comparison of the product portfolio of each company mapped at country and sub-segment level
- End-user adoption rate analysis of the products (segment wise and country wise)
- Comprehensive coverage of product approvals, pipeline products and product recalls
- Macroeconomic indicators (number of Hospitals and diagnostic centers, reimbursement scenario, training centers, and healthcare expenditure)
Brand/Product Perception Matrix
- Comprehensive study of customers perception and behavior through our inbuilt social connection tool checking the virality and tonality of blogs
- Analysis of overall brand usage and familiarity and brand advocacy distribution (detractor/neutral/familiar)
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