Press release
Automated Compounding System Market to Witness a Pronounce Growth during 2020 to 2025|Market Research Engine
New York, March 30, 2020: The global Automated Compounding System Market size will grow by US$ 220 Million by 2024 at a CAGR of 4.1% in the given forecast period.An automated compounding system is a device that aseptically combines one or more drug solutions to a final container for patient administration. Automated Compounding System helpful in avoiding medication error which can occur due to a variety of factors such as poor order communication between the physician and pharmacist, dangerous storage practices in pharmacies, and confusion arising out of the use of similar labels.
The global Automated Compounding System market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automated Compounding System market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
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Market growth can be attributed to the growing need to minimize medication errors, rapid decentralization of pharmacies, rising geriatric population and rising labour cost. On the other hand, reluctance among the healthcare organizations to adopt pharmacy automation systems is expected to restrain the overall market growth.
The global Automated Compounding System market is segregated on the basis of Type as Gravimetric Automated Compounding System and Volumetric Automated Compounding System. Based on End-User the global Automated Compounding System market is segmented in Hospitals, Chemotherapy Centres, and Others.
Competitive Rivalry
Baxter, COMECER, ICU Medical, Omnicell, Grifols, Equashield, B. Braun Holding, ARxIUM, and others are among the major players in the global Automated Compounding System market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The report covers:
o Global Automated Compounding System market sizes from 2015 to 2024, along with CAGR for 2018-2024
o Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
o Global Automated Compounding System market trends, covering comprehensive range of consumer trends & manufacturer trends
o Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Automated Compounding System market
o Major market opportunities and challenges in forecast timeframe to be focused
o Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
o Comprehensive company profiles of the key industry players
The Automated Compounding System Market has been segmented as below:
Automated Compounding System Market, By Type
o Gravimetric Automated Compounding System
o Volumetric Automated Compounding System
Automated Compounding System Market, By End-User
o Hospitals
o Chemotherapy Centres
o Others
Automated Compounding System Market, By Region
o North America
o Europe
o Asia-Pacific
o Rest of the World
Automated Compounding System Market, By Company
o Baxter
o COMECER
o ICU Medical
o Omnicell
o Grifols
o Equashield
o B. Braun Holding
o ARxIUM
Report Scope:
The global Automated Compounding System market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automated Compounding System market share. Major industry players with significant revenue share include Baxter, COMECER, ICU Medical, Omnicell, Grifols, Equashield, B. Braun Holding, ARxIUM, and others.
Reasons to Buy this Report:
o Gain detailed insights on the Automated Compounding System industry trends
o Find complete analysis on the market status
o Identify the Automated Compounding System market opportunities and growth segments
o Analyse competitive dynamics by evaluating business segments & product portfolios
o Facilitate strategy planning and industry dynamics to enhance decision making
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Table of Contents:
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Automated Compounding System Market, By Type
6. Automated Compounding System Market, By End-User
7. Automated Compounding System Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Automated Compounding System, By Type
7.2.2 North America Automated Compounding System, By End-User
7.3 Europe
7.3.1 Europe Automated Compounding System, By Type
7.3.2 Europe Automated Compounding System, By End-User
7.4 Asia-Pacific
7.4.1 Asia-Pacific Automated Compounding System, By Type
7.4.2 Asia-Pacific Automated Compounding System, By End-User
7.5 Rest of the World
7.5.1 Rest of the World Automated Compounding System, By Type
7.5.2 Rest of the World Automated Compounding System, By End-User
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 Baxter
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 COMECER
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 ICU Medical
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Omnicell
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Grifols
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Equashield
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 B. Braun Holding
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 ARxIUM
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
Media Contact
Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862
Country: United States
Website: https://www.marketresearchengine.com/
Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States
About MarketResearchEngine.com
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
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