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(Medical-NewsWire.com, December 09, 2018 ) According to the new market research report “Pharmacy Automation System Market by Product (Medication Dispensing System (Robot, Carousel), Packaging & Labeling System (Unit Dose, Multi Dose), Tabletop Counter, Storage System), End User (Inpatient, Outpatient, Retail Pharmacy) - Global Forecast to 2022", published by MarketsandMarkets™, The global pharmacy automation market is projected to reach USD 5.38 billion by 2022, at a CAGR of 8.2% from 2017 to 2022. The market growth can be attributed to a number of factors such as the growing need to minimize medication errors, rapid decentralization of pharmacies, changing population demographics, and rising labor costs.
Based on the type of product, the pharmacy automation market is segmented into automated medication dispensing systems, automated packaging and labelling systems, automated table top counters, automated medication compounding systems, automated storage and retrieval systems, and other pharmacy automation systems. The automated medication dispensing systems segment is segmented into centralized systems and decentralized systems.
The centralized automated dispensing systems segment is further classified into robots/robotic automated dispensing systems and carousels whereas decentralized automated dispensing systems is further classified into pharmacy-based systems, ward-based systems and automated unit dose systems. The automated packaging and labeling systems market is segmented into automated unit-dose system and automated multi-dose system. Furthermore, on the basis of end users, the market is classified into inpatient pharmacies, outpatient pharmacies, pharmacy benefit management organization and mail order pharmacies, and retail pharmacies.
Browse and in-depth TOC on “Pharmacy Automation System Market”
181 - Tables
54 - Figures
218 - Pages
View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/pharmacy-automation-systems-market-71522890.html
In 2016, North America accounted for the largest share of the global pharmacy automation market, largely attributed to the increasing number of drug prescriptions at pharmacies resulting from growth in the aging population.
The major players in the pharmacy automation market are Becton, Dickinson, and Company (U.S.), Omnicell, Inc. (U.S.), Cerner Corporation (U.S.), Capsa Healthcare (U.S.), Parata Systems LLC (U.S), Baxter International, Inc. (U.S.), ScriptPro LLC (U.S.), KUKA AG (Germany), TCGRx Pharmacy Workflow Solutions (U.S.), RxSafe, LLC (U.S.), ARxIUM Inc. (U.S.) and Talyst systems LLC. (U.S.).
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