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Pharmacy Automation Market development of automated systems with improved features by Top manufacturers: Becton, Dickinson and Company, McKesson Corporation, Yuyama Co., Ltd

10-18-2021 11:05 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Pharmacy Automation Market

Pharmacy Automation Market

The growing need to reduce medication errors and the development of automated systems with enhanced features is predominantly fueling the growth of the pharmacy automation market. Pharmacy automation plays a significant role in today’s modern healthcare system as this reduces errors that can happen during manual processes. According to the National Coordinating Council for Medication Error Reporting and Prevention (NCC MERP), approximately 100 million people die annually from medical errors that occur in hospitals. Thus it is important to reduce medication error to enhance healthcare facilities and services and to ensure patient safety. Moreover, the development of technologically advanced automated systems with improved pharmacy automation systems is further anticipated to propel the growth of the pharmacy automation market.

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List Of TOP KEY COMPANIES in Pharmacy Automation Market Report are

Becton, Dickinson and Company, McKesson Corporation, Yuyama Co., Ltd., Omnicell, Inc., ScriptPro LLC, Cerner Corporation, Capsa Healthcare, Baxter International, Inc., KUKA AG, TCGRx Pharmacy Workflow Solutions, RxSafe, LLC, ARxIUM Inc. Swisslog Holdings AG and Talyst systems LLC

Pharmacy automation includes the mechanical procedures of preparing and dispensing medicines. Any pharmacy job can be involved, such as counting pills; mixing and measuring liquids and powders; recording patient information in medical databases, and tracking inventory online. For any pharmacy job, such as filling prescriptions or preparing samples, taking inventory, or doing laboratory tests, automated processes can greatly reduce the workload by making the entire process much more convenient and productive. This also allows for pharmacies to become much more efficient and save money on overhead and labor costs.

North America is expected to dominate the global pharmacy automation market in the near future owing to the high adoption rate of pharmacy automation systems across the healthcare sector. For instance, in February 2020, Parata Systems, a provider of pharmacy automation, including vial-filling, adherence packaging, and workflow and patient experience solutions, announces the launch of a new pouch packager, the PASSTM 36.

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Key Developments:

1. In June 2021, PHC Corporation launches the Smart Picker*1 ampoule dispensing system that helps to reduce dispensing errors and streamline pharmacist workflow for small and medium-sized hospitals in Japan

2. In December 2020, Swisslog Healthcare, a global supplier of integrated solutions for medication management in healthcare environments, introduced a digital representation of their Automation Academy at the American Society of Health-System Pharmacists (ASHP) Midyear Clinical Meeting

3. In January 2017, Armacell India shall showcase its newest product offerings; ArmaFlex® Alu E, Arma-Chek® Silver, and Arma-Chek® GC with different color options at Acrex India, Noida, and Asia Pharma Expo, Dhaka

Key Questions Answered in The Report:

What will the Pharmacy Automation market growth rate?

What are the key factors driving the global Pharmacy Automation market?

Who are the key manufacturers in Pharmacy Automation market space?

What are the market opportunities, market risk and market overview of the Pharmacy Automation market?

Who are the distributors, traders and dealers of Pharmacy Automation market?

What are the market opportunities and threats faced by the vendors in the global Pharmacy Automation Industry?

What are sales, revenue, and price analysis by types and applications of Pharmacy Automation Industry?

What are sales, revenue, and price analysis by regions of industry?

Reasons to Purchase this Report

• Current and future of global Pharmacy Automation market outlook in the developed and emerging markets

• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

• Regions/countries that are expected to witness the fastest growth rates during the forecast period

• The latest developments, market shares, and strategies that are employed by the major market players

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

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