openPR Logo
Press release

Automated Compounding Devices (ACD) Market

Automated Compounding Devices (ACD) Market || DataM Intelligence

Automated Compounding Devices (ACD) Market || DataM Intelligence

Market Overview:

The Automated Compounding Devices (ACD) Market is anticipated to exhibit substantial growth with a high CAGR during the forecast period 2023-2030. These innovative machines, utilized primarily in healthcare settings such as pharmacies and hospitals, are revolutionizing drug manufacturing, ensuring accurate and sterile formulations.

Market Dynamics:

Drivers:

Technological Advancements: Continuous improvements in Automated Compounding Devices (ACDs) aim to enhance patient safety, streamline pharmacy operations, and meet evolving healthcare needs. Recent launches like the ExactaMix Pro Automated Compounder and IVX Station are examples of technological advancements enhancing features and processing power.
Challenges:

Drug Shortages: In some cases, ACDs reliant on pre-filled drug vials or cartridges may compound drug shortages, impacting the compounding process.
Segment Analysis:

The market is segmented based on product type, technology, component, mode of operation, end-user, and region. The Intravenous (IV) compounding systems segment holds a significant share (approximately 39.7%) due to their critical role in patient safety and streamlined drug compounding procedures.

Request For Free Sample:
https://www.datamintelligence.com/download-sample/automated-compounding-devices-market

Geographical Share:

North America:

Dominance due to the presence of major pharmaceutical industries and a healthcare system dedicated to patient safety. The United States' early adoption of medical technology contributes to the widespread acceptance and use of ACDs in healthcare settings.

COVID-19 Impact:
The pandemic accentuated the importance of sterile compounding, especially for drugs used in critical care. ACDs, known for their sterility and precision, played a crucial role in meeting this increased demand. The focus on pharmaceutical safety during the pandemic highlighted the significance of ACDs in reducing medication errors.

Key Companies:
Major global players include Grifols, S.A, Baxter International Inc, COMECER S.p.A., ARxIUM, ICU Medical, Inc, Omnicell, Inc, EQUASHIELD, B. Braun Medical Inc., BECTON, DICKINSON AND COMPANY, SMARTCOMPOUNDERS B.V., among others.

Key Developments:
December 2022 will see the introduction of the APEX Compounding System and its exclusive TPN Manager Clinical Decision Support Order Entry Software by B. Braun Medical Inc., designed to meet critical conditions' urgent needs across all age groups.
The market's growth trajectory is propelled by technological advancements, the critical role of IV compounding systems in patient safety, and the focus on pharmaceutical precision highlighted during the COVID-19 pandemic. However, challenges related to drug shortages and initial costs of ACDs may impede market growth to some extent.

Related Reports:

https://www.datamintelligence.com/research-report/automated-insulin-delivery-systems-market
https://www.datamintelligence.com/download-sample/asthma-and-copd-devices-market
https://www.datamintelligence.com/download-sample/cell-counting-devices-market

Media Contact
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com/

About DataM Intelligence
DataM Intelligence 4Market Research is a Market Research firm that provides end-to-end business solutions to organizations from Research to Consulting. We at DataM Intelligence leverage our top trademark trends, insights, and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of Syndicate Reports & and; Customized Reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries, catering to the key business research needs that influence the growth trajectory of our vast clientele

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automated Compounding Devices (ACD) Market here

News-ID: 3286536 • Views: …

More Releases from DataM Intelligence 4market Research LLP

Point-of-Care Lipid Test Industry Set to Hit $1.23 Billion by 2033, Growing at 6.8% CAGR | Exclusive Data Like Latest M & A, Regulatory Approvals, FDA Approvals, Latest Investments, Reimbursements
Point-of-Care Lipid Test Industry Set to Hit $1.23 Billion by 2033, Growing at 6 …
The global point-of-care (POC) lipid test market reached US$ 0.68 billion in 2023, with a rise to US$ 0.72 billion in 2024, and is expected to reach US$ 1.23 billion by 2033, growing at a CAGR of 6.8% during the forecast period 2025-2033 DataM Intelligence has published a new research report on "Point-of-Care POC Lipid Test Market Market Size 2025". The report explores comprehensive and insightful Information about various key factors…
United States Effervescent Packaging Market to Reach USD 521.8 Million by 2031, Driven by Rising Demand for Nutraceuticals and Functional Beverages | Sanner GmbH, Romaco Group, Airnov
United States Effervescent Packaging Market to Reach USD 521.8 Million by 2031, …
Global Effervescent Packaging Market reached USD 360.5 million in 2022 and is expected to reach USD 521.8 million by 2031, growing with a CAGR of 7.4% during the forecast period 2024-2031. Effervescent Packaging Market involves specialized packaging for tablets or powders that release gas upon contact with liquid. Growth is driven by demand in pharmaceuticals, nutraceuticals, and convenience products. Applications include vitamins, antacids, and functional beverages. Hospitals, pharmacies, and consumer goods…
United States Artificial Intelligence in Healthcare Market to Reach US$ 187.7 Billion by 2031, Driven by Accelerating Digital Transformation in Medical Systems
United States Artificial Intelligence in Healthcare Market to Reach US$ 187.7 Bi …
The Global Artificial Intelligence in Healthcare Market reached US$ 13248.65 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 187704.75 million by 2031. The market is growing at a CAGR of 41.1% during the forecast period (2024-2031). AI in Healthcare involves using machine learning, NLP, and predictive analytics for diagnosis, treatment, and operational efficiency. Growth is driven by rising healthcare digitization, chronic disease prevalence, and…
Voice Assistant Market to Hit US$14.20 Billion by 2032, Driven by AI and IoT Expansion | Amazon, Google & Apple .
Voice Assistant Market to Hit US$14.20 Billion by 2032, Driven by AI and IoT Exp …
According to DataM Intelligence, the voice assistant market was valued at US$ 2.73 billion in 2024 and is projected to reach US$ 14.20 billion by 2032, growing at a CAGR of 22.89% during the forecast period (2025-2032). Growth is primarily driven by the proliferation of smart devices, expanding IoT ecosystems, and the shift toward voice-based human-machine interfaces. The hardware segment, led by smart speakers and voice-enabled devices, currently dominates the…

All 5 Releases


More Releases for ACD

Insurtech Market R & D including top key players Insureon, ACD
JCMR recently introduced Insurtech study with focused approach on market size & volumes by Application, Industry particular process, product type, players, and production & Consumption analysis considering major factors, cost Structure and regulatory factors. At present, the Insurtech market is developing its presence and some of the key players from the complete study are Insureon, ACD, Rein, FWD, GoBear, AppOrchid, BRIDGE, CHSI Connections, CideObjects, DOCUTRAX, GENIUSAVENUE, Majesco, Plug and Play …
InsurTech (Insurance Technology) Market to see Booming Worldwide | Majesco, Insu …
The Global InsurTech (Insurance Technology) Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2025). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in…
Insurtech Market Analysis & Trends to 2025 | Insureon, ACD, Rein and other
Global Insurtech Market report presents a detailed analysis of the competitive landscape along with company profiling of key players competing in the world. The competitive analysis offered in the report includes market share, gross margin, product portfolio, consumption, market status, and technologies of leading players operating in the global Insurtech market. Global Insurtech Market report also provides market development statistics, a list of select leading players, deep regional analysis, and a…
Global Video Converter Market Forecast 2018-2025 Clipchamp,ACD Systems,Aimersoft
Market study on Global Video Converter 2018 Research Report presents a professional and complete analysis of Global Video Converter Market on the current market situation. Report provides a general overview of the Video Converter industry 2018 including definitions, classifications, Video Converter market analysis, a wide range of applications and Video Converter industry chain structure. The 2018's report on Video Converter industry offers the global Video Converter development history, development trends…
ACD Systems Taking Universal Graphics Tool to the Next Level
VICTORIA, BC - June 22, 2017 - ACD Systems International Inc. released the fourth installment of the powerful graphics software, Canvas Draw 4 for Mac. Canvas Draw 4 for Mac is poised to be the most diverse content creation tool on the market, loaded with tools for developing creative content, printable drawings, shareable PDFs, and professional presentations. Canvas Draw 4 is the one piece of software that suits all professional technical…
Complete Overhaul of ACD Systems' Dedicated Photo Editing Software
VICTORIA, BC (February 9, 2017) - ACD Systems releases the latest edition of ACDSee Photo Editor. Photo Editor 10 is a specialized image adjustment and layered editing software. Users familiar with ACDSee Photo Editor will be pleasantly surprised with this revamped software - complete with its new look, layered editor, enhanced photo editing tools, and performance. New Features RAW support - Supports the RAW editing of over 500 camera models. An updated look…