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Asia Pacific pharmacy automation equipment Market revenue to cross US$ 1,662.52 million by 2028

12-08-2021 04:05 AM CET | Health & Medicine

Press release from: Business Market Insights

Asia Pacific Pharmacy Automation Equipment Market

Asia Pacific Pharmacy Automation Equipment Market

Asia Pacific pharmacy automation equipment market is expected to reach US$ 1,662.52 million by 2028 from US$ 938.68 million in 2021; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028.

To Know How COVID-19 Pandemic Will Impact Asia Pacific pharmacy automation equipment Market | Click Here: https://www.businessmarketinsights.com/reports/asia-pacific-pharmacy-automation-equipment-market?utm_source=OpenPR&utm_id=10552

The pharmacy automation involves mechanization of tasks and processes performed in pharmacy or other health care settings. The objective is to reduce errors in medical prescriptions and optimize patient safety. Also, automation systems can help pharmacies streamline the workflow, reduce the risk of mistakes, and improve direct patient-care activities.

The market growth is attributed to the factors such as emerging markets to provide upgraded healthcare services and increasing awareness among pharmacists regarding pharmacy automation. However, lack of awareness about software in emerging nations associated with automated dispensing systems is expected to be restrain the market growth.

In developing countries, pharmaceutical management is an essential factor due to escalating healthcare costs and rising pressure to improve access to services. To ease the access to drugs, governments of developing countries are adopting various strategies. In addition, most of the market players focus on emerging markets—such as China and India—due to surging number of chronic diseases, rising adoption of latest medical technologies in hospitals, and increasing awareness about advanced medical technologies. Additionally, government authorities of the countries in Asia Pacific are focusing on strengthening their medical tourism sector, thereby maximizing the flow of revenue. Moreover, in conventional pharmacies, pharmacists witness various issues such as an increasing medication errors and growing patient waiting times, due to the surging patient load. At present, awareness and concerns regarding medication errors and adverse events are increasing among pharmacists and healthcare professionals, which propels the growth of the Asia Pacific pharmacy automation equipment market.

Request for Sample Copy of this Asia Pacific pharmacy automation equipment Market research report at – https://www.businessmarketinsights.com/sample/TIPRE00022782?utm_source=OpenPR&utm_id=10552

Company Profiles:
• Baxter International Inc.
• Capsa Healthcare
• OMNICELL INC.
• Cerner Corporation
• MCKESSON CORPORATION
• BD
• YUYAMA Co., Ltd

Asia Pacific has been witnessing a growing number of COVID-19 cases since its outbreak. The pharmacy automation systems offer plentiful benefits to the patients, pharmacies, and the key members of the healthcare team. Automated systems also provide inordinate cost-effective and safety benefits, and they rationalize the pharmacy types by improving data workflow. Also, a rising infection rate has boosted the demand for medications, which has created the need of automated medication dispensing systems. Therefore, the healthcare facilities and pharmacies are preferring these automated systems, which is driving the growth of the Asia Pacific pharmacy automation equipment market.

Asia Pacific pharmacy automation equipment market- By Type:
1. Automated Medication Dispensing Systems
2. Automated Packaging & Labelling Systems
3. Automated Storage & Retrieval Systems
4. Automated Compounding Devices
5. Tabletop Tablet Counters

Asia Pacific pharmacy automation equipment market-by End User
• Hospital Pharmacy
• Retail Pharmacy
• Others

Purchase a Copy of this Asia Pacific pharmacy automation equipment Market research report at - https://www.businessmarketinsights.com/buy/single/TIPRE00022782?utm_source=OpenPR&utm_id=10552

Reasons to buy the report:
Determine prospective investment areas based on a detailed trend analysis of Asia Pacific pharmacy automation equipment market over the next years.

Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.

Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.

Identify the major channels driving the Asia Pacific pharmacy automation equipment market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.

Channelize resources by focusing on the ongoing programs undertaken by the different countries within the Asia Pacific pharmacy automation equipment market.

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Business Market Insights
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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