Pharmacy automation involves the mechanical processes of handling and distributing medications. Any pharmacy task may be involved, including counting small objects (e.g., tablets, capsules); measuring and mixing powders and liquids for compounding; tracking and updating customer information in databases (e.g., personally identifiable information (PII), medical history, drug interaction risk detection); and inventory management.
The increasing demand for Pharmacy Automation Device drives the market. Technological innovations, improvement in medical services accessibility, growing aging population and rising labor cost at pharmacies are main factors contributing to the growth of market. In order to improve productivity and efficiency, automated medication dispensing systems are more adopted in large sized hospitals. Other factors are rising awareness about pharmacy automation, increasing personal disposable income of customer in the emerging nations and rapid population growth. Yet the market faces some challenges which are obstructing the growth of the market. Some of the major challenges faced by the market are high cost of implementation and installation, intense competition among vendors, stringent government regulations etc. Regionally, North America was the dominant market in terms of revenue. Owing to increasing geriatric population base, rising demand for reducing medical error rates in healthcare industry and continuously upgradation in technology are the main reasons expecting domination over the forecast period. Asia Pacific region is anticipated to experience the highest growth rate by 2020 owing to rising awareness about medical automation.
The global Pharmacy Automation Device market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Pharmacy Automation Device market based on company, product type, end user and key regions.
This report studies the global market size of Pharmacy Automation Device in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Pharmacy Automation Device in these regions.
This research report categorizes the global Pharmacy Automation Device market by top players/brands, region, type and end user. This report also studies the global Pharmacy Automation Device market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
AmerisourceBergen Corporation
ForHealth Technologies
Fulcrum Inc
Accu Chart Healthcare
McKesson Corporation
Innovation PharmaAssist Robotics
Pearson Medical Technologies
Parat Systems Pharmacy Automation
GSE Scale Sysyems
ScriptPro
Swisslog Holding
Talyst
Yuyama
Market size by Product
Packaging & Labeling
Medication Dispensing
Storage & Retrieval
Medication Compounding
Table-Top Counters
Market size by End User
Hospital Pharmacy
Retail Pharmacy
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Pharmacy Automation Device market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Pharmacy Automation Device market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Pharmacy Automation Device companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Pharmacy Automation Device submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Pharmacy Automation Device are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Pharmacy Automation Device market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Pharmacy Automation Device . Industry analysis & Market Report on Pharmacy Automation Device is a syndicated market report, published as Global Pharmacy Automation Device Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Pharmacy Automation Device market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.