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.
In 2019, the market size of Pharmacy Automation Device is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Pharmacy Automation Device.
This report studies the global market size of Pharmacy Automation Device, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Pharmacy Automation Device production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
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 Segment by Product Type
Packaging & Labeling
Medication Dispensing
Storage & Retrieval
Medication Compounding
Table-Top Counters
Market Segment by Application
Hospital Pharmacy
Retail Pharmacy
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Pharmacy Automation Device status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Pharmacy Automation Device manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and 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
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 (United States, European Union and China) Pharmacy Automation Device Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Pharmacy Automation Device market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.