Press release
Pharmacy Automation Market is Projected to Reach USD 9.21 Billion by 2030: Cognitive Market Research
Pharmacy Automation Market is Projected to Reach USD 9.21 Billion by 2030: Cognitive Market Research
What is Pharmacy Automation?
Pharmacy automation refers to the use of technology to streamline and automate the medication dispensing and management processes in pharmacies. It includes various automated systems and devices such as dispensing machines, robotic systems, medication packaging and labeling systems, inventory management software, and electronic health record (EHR) systems. The pharmacy automation market refers to the global market for these automated systems and devices, as well as related software and services. The market includes vendors that provide pharmacy automation solutions to retail pharmacies, hospitals, clinics, and other healthcare facilities. The market is driven by factors such as the increasing demand for efficient and accurate medication dispensing, the need to reduce medication errors, and the growing adoption of EHR systems in healthcare facilities.
Summary:
As per the study of CMR, the Global Pharmacy Automation Market size was valued at USD 5.63 Billion in 2022 and will reach USD 9.21 Billion by 2030 and is expected to grow at a CAGR of 7.8% during the forecast period (2023-2030).
To know more about The Pharmacy Automation Market statistics click here: https://www.cognitivemarketresearch.com/pharmacy-automation-market-report
Market Dynamics:
Pharmacy Automation Market Drivers:
Pharmacy automation systems help to streamline the medication dispensing process and reduce the time required to fill prescriptions. This is particularly important in high-volume pharmacies, where there is a need to process large numbers of prescriptions quickly and accurately.
EHR systems are becoming increasingly common in healthcare facilities, and pharmacy automation systems can be integrated with these systems to provide seamless medication management. This integration can help to reduce errors, improve communication between healthcare providers, and provide a more complete picture of a patient's medication history. These factors significantly drive market growth.
Pharmacy Automation Market Opportunities:
Pharmacy automation systems can be used to support patient-centric care by providing personalized medication management and adherence support. This can help to improve patient outcomes and reduce healthcare costs. Overall, the pharmacy automation market presents significant opportunities for vendors to develop innovative solutions that improve the efficiency, accuracy, and safety of medication management processes and will further open new opportunities for the market.
Pharmacy Automation Market Restraints:
Pharmacy automation systems may not be compatible with existing legacy systems, which can create challenges for integration and implementation and may hamper the market growth.
Pharmacy Automation Market Segmentation:
Product:
• Automated Medication Dispensing and Storage Systems
• Automated Packaging and Labeling Systems
• Automated Tabletop Counters
• Automated Medication Compounding Systems
• Others
End-user:
• Inpatient Pharmacies
• Outpatient Pharmacies
• Retail Pharmacies
• Others
Competitive Analysis of the Pharmacy Automation Market: Becton, Dickinson and Company, Omnicell Inc., KUKAAG, Baxter International Inc., Capsa Healthcare, Cerner Corporation, Yuyama Co. Ltd., ARXIUM Inc., Parata Systems LLC, RxSafe LLC, ScriptPro LLC
Get free sample pages of the latest published Pharmacy Automation Market Report: https://www.cognitivemarketresearch.com/pharmacy-automation-market-report#request_sample
Pharmacy Automation Market Regional Analysis:
Asia Pacific accounted for the largest share of the pharmacy automation market
Asia Pacific has the largest revenue share in the pharmacy automation market. This is explained by two factors: the increasing need for health technology solutions and the rise in the number of businesses establishing production facilities in APAC nations.
Pharmacy Automation Market News:
A New York-based designer and manufacturer of adaptable technology solutions and computer workstations, Humanscale Healthcare (US), was acquired by Capsa Healthcare. (In 2022)
Humanscale Healthcare (US), a New York-based designer and manufacturer of adaptable technology solutions and computer workstations, was acquired by Capsa Healthcare. By combining its products, Capsa now has the widest range of products available and is better able to provide healthcare partners throughout the world with point-of-care computer solutions that are ergonomically designed.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Pharmacy Automation Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Pharmacy Automation Market Segmentation
1.5.1 Pharmacy Automation Market Regional Fragmentation
1.5.1 Pharmacy Automation Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Pharmacy Automation Market
• 3.1 Global Pharmacy Automation Market Size 2018 - 2030, (USD Million)
• 3.2 Global Pharmacy Automation Value, Absolute & Opportunity Analysis
• 3.3 Global Pharmacy Automation Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Pharmacy Automation Market Statistics 2022: Snapshot
Chapter 4 Global Pharmacy Automation Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Pharmacy Automation Market by Product Segmentation Analysis (2018-2030)
Chapter 10 Global Pharmacy Automation Market by End-User Segmentation Analysis (2018-2030)
Chapter 11 Global Pharmacy Automation Market Regional Analysis
Chapter 12 North America Pharmacy Automation Market Outlook (2018 - 2030)
Chapter 13 Europe Pharmacy Automation Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Pharmacy Automation Market Outlook (2018 - 2030)
Chapter 15 Latin America Pharmacy Automation Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Pharmacy Automation Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Pharmacy Automation Market TOC click here: https://www.cognitivemarketresearch.com/pharmacy-automation-market-report#table_of_contents
Related Report:
• Pharmacy Automation Equipment Market- https://www.cognitivemarketresearch.com/pharmacy-automation-equipment-market-report
• Lab Automation Market- https://www.cognitivemarketresearch.com/lab-automation-market-report
• Pharmaceutical Packaging Equipment Market- https://www.cognitivemarketresearch.com/pharmaceutical-packaging-equipment-market-report
• Central Fill Pharmacy Automation Market- https://www.cognitivemarketresearch.com/central-fill-pharmacy-automation-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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