Pharmacy Automation Market
Pharmacy Automation Market By Product Automated storage and retrieval systems, Automated compounding devices, Automated medication dispensing, Table-top tablet counter and Automated packaging and labeling , End-User Retail Pharmacy, Inpatient and Outpatient – Global Industry Analysis And Forecast To 2025
Industry Outlook and Trend Analysis
Pharmacy Automation is needed mainly for Healthcare services and pharmacies. Number of deaths is reported in North American region due do wrong dispensing of medicine that leads to hearth failure, stroke and tumors, while registering itself at a compound annual growth rate CAGR during the forecast period. Due to increasing number of diseases and the number of people affected by them, there is need of safe and error free medicine dispensing techniques. The Pharmacy Automation Market is boasting in order to reduce the errors in medicine dispensing and handling the increased number of patients. The other driving elements are, rising medicine cost so, health care centers and pharmacies are needed to cut the cost medicines. Some uses of Pharmacy Automation are like; management, prescription, counting, inventory management and dispensing. Also the strict rules and regulations by the governments across the globe for medication compounding, packaging and labeling are increasing the need for Pharmacy Automation.
Product Outlook and Trend Analysis
On the basis of Product the Pharmacy Automation Market is segmented into; Automated storage and retrieval systems, Automated compounding devices, Automated medication dispensing, Table-top tablet counter and Automated packaging and labeling. The Automated medication dispensing is leading the market in By Productsegment. The factor for rising share in market for Automated medication dispensing are reduction in time and cost, medication safety, better storage capacity, improved stock management, etc.
End-User Outlook and Trend Analysis
On the basis of application the Pharmacy Automation Market is segmented into; Retail Pharmacy, Inpatient and Outpatient. In End-user segment Inpatient pharmacy is leading the Pharmacy Automation market. The factors responsible for the rise are; increasing demand for reducing the waiting-time for inpatient pharmacy, growing demand for more reliable and accurate pharmacy products.
Regional Outlook and Trend Analysis
Geographically, the Pharmacy Automation Market is segmented into Europe, North America, Asia Pacific, Latin America, Middle East and Africa. North America is ranked in the Pharmacy Automation Market pursued by Europe and Asia Pacific. Some strict rules and regulations by the government and different positive action towards pharmacy automation are the factors for these regions leading the global Pharmacy Automation Market. Also the increasing number of insurance policies in US has increased the need for more efficient and reliable pharmacy automation. The healthcare sector is the main driving agent of the Asia Pacific and Latin American market. Primarily due to rise in number of ill people and need for more reliable and efficient healthcare service is the driving agent for Pharmacy Automation Market across the globe.
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The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Dickinson and Company
Parata System Inc.
The Pharmacy Automation Market is segmented By Regions as follows-
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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