Pharmacy Automation Systems Market

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The global pharmacy automation systems market is projected to expand at a healthy CAGR of 6.3% in terms of value during the forecast period.

Future Market Insights delivers key insights and presents a revised forecast of the global pharmacy automation systems market for a 10 year period from 2017 to 2027 in the report titled “Pharmacy Automation Systems Market: Global Industry Analysis 2012–2016 and Opportunity Assessment 2017–2027.” The revision in the market size and forecasts have been carried out taking into account the impact of various macroeconomic indicators and other industry-based demand-driving factors, as well as the recent developments of key market participants.

Key Segments Covered in the Pharmacy Automation Systems Market:

Product Type

  • Medication Dispensing Cabinets
  • Packaging & Labelling Machines
  • IV Pharmacy
  • Robotic Dispensing Machines
  • Carousel Storage
  • Tablet Splitters

Application

  • Drug Dispensing & Packaging
  • Drug Storage
  • Inventory Tracking

End users

  • Hospital Pharmacies
  • Clinic Pharmacies
  • Retail Pharmacy stores
  • Mail Order Pharmacies
  • Pharmaceutical SMEs

Key Regions covered:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

A key trend in the pharmacy automation systems market is the increasing usage of RFID enabled automated dispensing cabinets. Also, key players in this market are increasingly working on big data and analytics solutions to provide useful and valuable insights to their clients.

North America dominated the pharmacy automation systems market with maximum value share in 2016. North America and Western Europe collectively accounted for more than 80% of the total pharmacy automation systems market share in terms of value in 2016. Among emerging markets, Asia Pacific excluding Japan is estimated to exhibit the highest CAGR of 7.8% over the forecast period, due to increase in the need for automation solutions to better manage crowds in hospitals and retail pharmacies.

Key Market Players

Some key players in the global pharmacy automation systems market identified in the report include Baxter International Inc., Swisslog Holdings AG, Care Fusion Corporation, Cerner Corporation, Kirby Lester LLC, Omnicell Inc. etc. We have discussed individual strategies of these companies in terms of enhancing the product portfolio, distribution partnerships, market consolidation and advanced R&D initiatives. In addition to this the report also provides company share and a competitive dashboard for players already present in the market.

For More Information: https://www.futuremarketinsights.com/reports/pharmacy-automation-systems-market-092017

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