According to a new market report published by Credence Research Inc “Pharmacy Automation Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022,” the pharmacy automation market is expected reach US$ 9.55 Bn by 2022
Credence Research, the leading business intelligence provider, has published its latest research, „Pharmacy Automation Market 2026„, which gives insights into Autoinjectors in the Global market. The report determines the market size for 2018, along with forecasts until 2026. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Research’s team of industry experts.
Browse Here For Full Report With TOC: https://www.credenceresearch.com/report/pharmacy-automation-market
Market Insight:
We have considered automated solutions used in hospital and retail pharmacies. Hospital pharmacies accounted for the largest revenue share of 56.5% in the overall market by end use sector. This segment is expected to see a significant growth with rising installation of prescription management and medication management solutions in large and medium size hospitals across the world. These systems are gaining popularity in the U.S., Europe and Asia Pacific with shifting trend towards patient centric pharmacy systems from product centric pharmacy systems. Retail pharmacy segment is expected to be the fastest growing end use segment for pharmacy automation solutions. Retails pharmacists are focusing to cost per prescription in order to reduce their fixed costs. This is increasing the demand for central prescription filling systems (central prescription dispensing systems) from retail segment. Hospitals are looking for hybrid solutions in which provide benefits of both centralized as well as decentralized systems. However, retail pharmacists are installing centralized automation solutions.
The automated medication dispensing systems is the largest product segment in pharmacy automation market by products. Large size medication dispensing systems are gaining popularity in large size hospitals with increasing awareness about their benefits and advancement in technology. Advanced table top counters integrated with packaging and labeling solutions are gaining popularity in retail as well as hospital pharmacies. Automated compounding devices (ACD’s) segment is predicted to witness fastest growth in the next six years with increasing installation of these solutions in laboratories, hospitals, and pharmacists in order to reduce drugs compounding errors.
North America is the matured market for pharmacy automation solutions as most of the hospitals and retails pharmacy stores are already equipped with these solutions. North America accounted for more than half of the revenue share in the global pharmacy automation market. However, considerable growth is expected in this market as hospitals replacing their outdated solutions with advanced technologies to improve efficiency and patients’ safety. Asia Pacific is expected to witness fastest growth with rising number drug chains and growing medical tourism in the region.
The market comprises large number of multinational players such as CareFusion, AmerisourceBergen Corp, Swisslog Holding Ltd, Omnicell, Kirby Lester, McKesson Corporation, ScritPro and Parata system and others.
This research report gives worldwide Autoinjectors volume forecast and recent quarter review of major Autoinjectors vendor performance. The report includes major vendors‘ volume, growth trends, revenue and revenue growth trends, operating profit margin and ASP, along with analyst insights.
Scope
- The report presents the brief overview of Autoinjectors Market including business description, key information and facts, and its locations and subsidiaries
- The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones
- Special feature on out-licensed and partnered product portfolio
- The report summarizes all the dormant and discontinued projects
Latest company statement
- Latest news and deals relating to the Autoinjectors products
Research methodology
The following research methods were used in this report:
- Desk study
- A questionnaire survey among specialty retail chains
- Analyzing statistical data released by the Federal Customs Service
- Desk study sources include materials taken from print and online media conference materials.
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The report highlights projected investment on Autoinjectors over the next two years. This will help
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