Report Ocean offers a thorough analysis of the Pharmacy Automation Market, including assessments of business solutions, studies and advancements, applications, advantages, benefits, and breadth. This market research study on Pharmacy Automation Market provides a thorough analysis and improvement of the important business producers, opportunities, difficulties, and worldwide suppliers as well as a close investigation of risks and access restrictions. Additionally, it provides a competitive analysis of the most recent technological advancements, innovations, future market potential, industry share, sales, sales generation, funding analysis, and overall business environment.
Global Pharmacy Automation Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ over the forecast period 2022-2028.
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Pharmacy automation is a mechanical process that is used to handle and distribute medications. This allows pharmacies to efficiently organize their workflows and also eliminates the chances of errors. The increasing requirements for reducing medication errors, rising focus on automation to reduce labor costs, coupled with the growing number of technological advancements are the primary factors fueling the market demand around the world. For instance, in 2021, Innovation Associates declares the introduction of SmartPod, a next-generation robot for central-fill pharmacy environments. The product enables providers to regulate and increase their centralized fulfillment solutions. Likewise, in October 2019, Parata Systems announce the launch of Max 2 the company’s next-generation vial filling robot. These robots automate the filling, labeling, and capping of vials to increase productivity. Accordingly, the introduction of technologically advanced products is exhibiting a positive influence on the global market growth. However, stringent regulatory procedures and high initial capital investments impede the growth of the market over the forecast period of 2022-2028. Also, increasing awareness among pharmacists and emerging markets are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Pharmacy Automation Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising expenditure on technological developments and increasing government support. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing number of companies setting up manufacturing units, as well as growing demand for health technology solutions, would create lucrative growth prospects for the Pharmacy Automation Market across the Asia-Pacific region.
Major market players included in this report are:
Becton, Dickinson and Company
Omnicell, Inc.
KUKA AG
Baxter International Inc.
Capsa Healthcare
Cerner Corporation
i Co., Ltd.
Parata Systems, LLC
RxSafe, LLC
ScriptPro LLC
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Automated Medication Dispensing and Storage Systems
Automated Packaging and Labelling Systems
Automated Tabletop Counters
Automated Medication Compounding Systems
Other Pharmacy Automation Systems
By End-User:
Inpatient Pharmacies
Outpatient Pharmacies
Retail Pharmacies
Pharmacy Benefit Management Organizations and Mail-Order Pharmacies
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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