Press release
Pharmacy Automation System Market is Expected to reach US$ 11.21 Billion During 2023 to 2030 | Baxter International Inc., Cerner Corporation, Lonza Group, Parata Systems, Rx Safe, Capsa, Becton
Key Takeaways:
The large share of segment is attributed to advantages such as improved medication safety.
Hospital Pharmacy segement continue to maintain lead in the forecast year.
North America would exhibit the highest CAGR of 6.9% during 2021-2030.
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Under product type, the automated medication dispensing part addressed the largest share of pharmacy automation market in 2020.The gigantic share of the segment is credited to benefits such as prevalent medication security, better inventory load up, and further created storage limit with ideal utilization of room, and conceivable time &cost savings.
The pharmacy automation systems market is divided into product type and end user type. Product type, it is segregated into automated medication dispensing systems, automated storage and retrieval systems, automated labeling systems, tabletop tablet counters, and automated compounding devices. By end user, is the market is classified into retail pharmacy, clinic pharmacy, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA
Market Segmentation:
By Product:
Automated Medication Dispensing Systems
Automated Storage And Retrieval Systems
Automated Packaging And Labeling Systems
Tabletop Tablet Counters
Automated Compounding Devices
By End User:
Hospital Pharmacy
Retail Pharmacy
Others
Geography:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East & Africa)
Key Market Players:
Rx Safe
Danaher Corporation
Becton
Dickinson And Company
Capsa
Baxter International Inc.
Lonza Group
Script Pro
Omnicell Inc.
Cerner Corporation
Parata Systems
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Regional Growth Dynamics:
North America dominates the pharmacy automation system market followed by the European region due to increased number of drug prescriptions at pharmacies resulting from growth in aging population.
Key Questions Answered in the Intelligent Study
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
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