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Automated Dispensing Systems Market is Growing at a CAGR of 7.6% by 2027: Pin-Point Analysis for Changing Competitive Dynamics

06-26-2023 07:31 AM CET | Health & Medicine

Press release from: The Insight Partners

Automated Dispensing Systems Market

Automated Dispensing Systems Market

According to our new market research study on "Automated Dispensing Systems Market to 2027 - Global Analysis and Forecast - by Operation, Application, and End User," the market is expected to reach US$ 2,980.38 million by 2027 from US$ 1,665.78 million in 2019; it is estimated to grow at a CAGR of 7.6% from 2020 to 2027. The report highlights trends prevailing in the global automated dispensing systems market, and the drivers and restraints pertaining to the market growth.

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The global automated dispensing systems market growth is mainly attributed to factors such as increasing medication errors and rising geriatric population. However, the problems associated with automated dispensing systems such as wrong programme input, equipment breakdown and others may hinder the market growth.

Automated Dispensing Systems Market: Competitive Landscape and Key Developments: Cerner Corporation, Capsa Healthcare, Omnicell, Inc, BD, ARxIUM, Accu-Chart Plus Healthcare Systems, Inc, Innovation Associates, RxMedic Systems, Inc, Swiss log Holding Ltd and Willach Pharmacy Solutions Gmb Hare among the leading companies operating in the automated dispensing systems market.

Based on application, the global automated dispensing systems market is segmented into in-patient automated dispensing and out-patient automated dispensing. The in-patient automated dispensing segment held the largest share of the market in 2019. Proactive government policies to promote excellent medical facilities at primary healthcare centers is a major factor contributing to the growth of the market for in-patient automated dispensing.

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Impact of COVID-19 Pandemic on Automated Dispensing Systems Market
The COVID-19 outbreak was first reported in Wuhan (China) during December 2019. As of December 2020, the US, India, Brazil, Russia, France, the UK, Italy, Spain, Germany, Colombia, Argentina, and Mexico are among the most affected countries in terms of COVID-19 confirmed cases and reported deaths. According to the latest WHO figures, there are ~81,159,096 confirmed cases and 1,791,246 total deaths across the world. The pandemic is adversely affecting various industries across the world due to lockdowns, travel bans, and business shutdowns.

The Report Segments Global Automated Dispensing Systems Market as Follows:

By Operation
• Decentralized Systems
• Centralized Systems

By Application
• Out-Patient Automated Dispensing
• In-Patient Automated Dispensing

By End User
• Retail Pharmacies
• Hospital Pharmacies
• Others

By Geography
• North America
o US
o Canada
o Mexico
• Europe
o France
o Germany
o UK
o Spain
o Italy
• Asia Pacific (APAC)
o China
o India
o Japan
o Australia
o South Korea
• Middle East and Africa (MEA)
o Saudi Arabia
o UAE
o South Africa
• South and Central America
o Brazil
o Argentina

Directly Purchase a Premium Copy of Automated Dispensing Systems Market Growth Report at: https://www.theinsightpartners.com/buy/TIPHE100000837/?utm_source=OpenPR&utm_medium=10129

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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