Global $11.8 Billion Pharmacy Automation Market to 2025
DUBLIN, Sept. 25, 2018 /PRNewswire/ --
The "Global Pharmacy Automation Market , Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
Global pharmacy automation market is expected to reach USD 11,826.42 million by 2025 and is projected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The major factors contributing to the growth of the market includes factors such increased need of minimizing medication errors and introduction of decentralization of pharmacies
The global pharmacy automation market is segmented based on offering into two notable segments hardware and software. In 2018, hardware is expected to dominate the pharmacy automation market with 66.9% market share growing at the highest CAGR in the forecast period 2018 to 2025.
On the basis of product, global pharmacy automation market is segmented into four notable segments: automated medication dispensing systems automated, automated packaging and labelling systems, automated table-top counters, automated storage and retrieval systems. Automated medication dispensing systems is sub segmented into centralized and decentralized. Centralized is further segmented into robots/robotic automated dispensing systems and carousels. Decentralized is further sub segmented into automated unit-dose dispensing systems, pharmacy-based automated dispensing systems and ward-based automated dispensing systems. Automated is further sub segmented into automated unit-dose packaging & labelling systems and automated multi-dose packaging & labelling systems. In 2018, automated medication dispensing systems is expected to dominate the pharmacy automation market with highest market share and is growing at a healthy CAGR of 8.1% in the forecast period 2018 to 2025.
The global pharmacy automation market is segmented based on end user into four notable segments: inpatient pharmacies, outpatient pharmacies, retail pharmacies, pharmacy benefit management organizations and mail-order pharmacies. Inpatient pharmacies are further sub segmented into acute care settings and long-term care facilities. Outpatient pharmacies are further sub-segmented into outpatient/fast-track clinics and hospital retail settings. In 2018, retail pharmacies are expected to dominate the pharmacy automation market with highest market share and are growing at a healthy CAGR of 8.1% in the forecast period 2018 to 2025.
The global pharmacy automation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The key market players for global pharmacy automation market are listed below:
- KUKA Aktiengesellschaft
- Amerisourcebergen Corporation
- Omnicell, Inc.
- Cerner Corporation
- Arxium, INC.
- BD
- Capsa Healthcare
- Parata Systems LLC
- Rxsafe, LLC
- Scriptpro LLC
- Talyst, LLC
- TCGRX Pharmacy Workflow Solutions
Key Topics Covered:
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Pharmacy Automation Market
1.4 Currency And Pricing
1.5 Limitation
1.6 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographic Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Research Methodology
2.6 Primary Interviews With Key Opinion Leaders
3 Market Overview
3.1 Drivers
3.1.1 Increased Demand Of Minimizing Medication Errors
3.1.2 Advent Of Decentralization Of Pharmacies
3.2 Restraint
3.2.1 High Cost Involved In The Implementation Of Pharmacy Automation System
3.2.2 Drawbacks In Pharmacy Automation System
3.3 Opportunity
3.3.1 Rise In Emerging Markets
3.3.2 Increased Recognition For Pharmacy Automation
3.4 Challenges
3.4.1 Stringent Regulatory Procedures
4 Executive Summary
5 Global Pharmacy Automation Market, By Product
5.1 Overview
5.1.1 Automated Medication Dispensing Systems
5.1.2 Automated Packaging And Labeling Systems
5.1.3 Automated Table-Top Counters
5.1.4 Others
6 Global Pharmacy Automation Market, By End-User
6.1 Overview
6.1.1 Inpatient Pharmacies
6.1.2 Outpatient Pharmacies
6.1.3 Pharmacy Benefit Management Organizations And Mail-Order Pharmacies
6.1.4 Retail Pharmacies
7 Global Pharmacy Automation Market, By Geography
8 Global Pharmacy Automation Market, Company Landscape
8.1 Company Share Analysis: Global
8.2 Company Share Analysis: North America
8.3 Company Share Analysis: Europe
8.4 Company Share Analysis: Asia-Pacific
9 Company Profiles
For more information about this report visit
https://www.researchandmarkets.com/research/w8ndkz/global_11_8?w=5
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