openPR Logo
Press release

Pharmacy Automation Systems Market is Expected to Grow to US$ 6,219.2 Mn by 2019

01-16-2017 08:18 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: SA-BRC

Pharmacy Automation Systems Market is Expected to Grow to US$

This report provides analysis of the global pharmacy automation systems market in terms of product types, end-users and geography. The report provides market value with 2013 & 2014 as historical years and forecast of 2015-2019. In most cases, the major roles of pharmacy automation systems to reduce impact and number of human errors for compounding medicines, reducing dose or packaging errors, control and maintain inventory of drugs. With the advent of barcoding and laser reading, this became extremely easy to be incorporated within an automated system and thus introduced the modern inventory tracking system. The role of a pharmacist was to dispense medication and also to provide consultation on taking medication and other advisory services. Due to the increase in population and subsequent increase in number of visits to clinics and hospitals, the foot traffic in pharmacies increased tremendously and the profile of a pharmacist was reduced to a bare minimum of packing medication and explaining the dosage regimen. The global pharmacy automation systems market was valued at US$ 4,465.4 million in 2014 and expected to grow to US$ 6,219.2 million by 2019 at a CAGR of 6.8% from 2015 to 2019.

Market Drivers:
Reduction in medication errors and dose tracking capabilities drive demand.
Shortage in pharmacy jobs. As the trend shifts and lesser people choose pharmacy as a career, the shortage of pharmacy jobs can be off-set by demand and installation of pharmacy automation.
Demand for automation due to increasing footfall in pharmacies.

Free Sample Report@ http://www.sa-brc.com/Global-Pharmacy-Automation-Systems-Market-Assessment--Forecast-2015-2019/sample25

Market Inhibitors:
Cost and space concerns while installing automation systems.
Danger of error multiplication and breakdown of technical components.

Product Types Covered In This Report:
Automated Medication Dispensing
Packaging & Labelling
Storage & Retrieval
Automated Compounding
Table-Top Tablet Counters

Click For Full Report@ http://www.sa-brc.com/report/Global-Pharmacy-Automation-Systems-Market-Assessment--Forecast-2015-2019/25

End-Users Covered In This Report:
Independent Pharmacies
Healthcare Institutions
Retail Pharmacy Chains
Government Facilities

About Us
Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.

Contact Us
John Whitmore
10685-B Hazelhurst Drive,
Suite 17411
Houston, Texas 77043,
United States
Phone: +1(832)-426-3701
Email: sales@sa-brc.com
Website: www.sa-brc.com

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 Pharmacy Automation Systems Market is Expected to Grow to US$ 6,219.2 Mn by 2019 here

News-ID: 413662 • Views: 231

More Releases from SA-BRC

Biochip Market Analysis by Application and Trend 2017-2021
Biochips allow simultaneous testing of higher number of analytes to achieve high throughput and low cost per test. Nanotechnology has helped in miniaturization of devices to achieve higher performance standards. Microarrays are most important part of biochips which send signals to the biochip to deliver end results. Microfluidic biochips have become modern alternative to routine laboratories. Microfluidic technology which enables controlling flow of liquids in micro and pico quantities has
Acute Myeloid Leukemia Therapeutics Market Share, Analysis and Segments 2017-202 …
Acute myeloid leukemia is a cancer of blood cells and involves proliferation of abnormal blood cell types and subsequent replacement of bone marrow with cancerous cells. Major leukemia types include myeloblastic, promyeloctic, myelomonocytic, monocytic, erythroleukemia, megakaryocytic. Treatment of leukemia mainly depends on the type of leukemia and stage. Acute myeloid leukemia therapeutics market is rich with branded as well as generic drugs classified under various classes including antineoplastic agents, corticosteroids, tyrosine
Companion Diagnostics Market Share, Trends Analysis: 2017-2021
Companion diagnostics has revolutionized cancer therapeutics and enabled physicians to select specific treatment pattern from of myriad of drugs for cancer treatment. This has improved treatment outcome manyfold and has now become and indispensable part of personalized medicine. The companion diagnostics market received great attention post success of Herceptin (trastuzumab) and Gleevec (imatinib). Rapid adoption of companion diagnostics and supportive regulatory agencies have encouraged researchers to seek molecules that target
North America and Europe Bionic Eye Market Segment Analysis And Forecast: 2017-2 …
Sudden surge in bionic eye market was experienced recently after the National Health Service (NHS) announced the sponsorship to implant bionic eyes in ten patients. The bionic eye can help regain vision in individuals with visual impairment. Although currently two bionic eye systems has received regulatory approvals, other companies in the bionic eye market are also trying to develop new technology that can help in regaining visual sense in patients. The

All 5 Releases


More Releases for Pharmacy

E-PHARMACY BUSINESS
Why are e-pharmacies gaining popularity from the past few years? The reason behind it is nothing but the convenience of online ordering and other add-on services provided by the e-pharmacy players. The market potential for this business is increasing year by year. The global e-Pharmacy market is estimated to grow with a CAGR of 17.7% to reach an estimation of US $128 Billion by the year 2023. E-Pharmacy platform can offer
Global Pharmacy Repackaging System Market
Research Trades recently introduced new title on “Global Pharmacy Repackaging System Market Research Report” offers a comprehensive and detailed insight into the current and future industry developmental trends, key market dynamics, regulatory framework in different countries, market challenges, winning strategies, and detailed market segmentation & forecast of major manufacturers and vendors. Request Sample Copy of Report @ https://www.researchtrades.com/request-sample/1677882 In 2019, the market size of Pharmacy Repackaging System is million
Global E-Pharmacy Market Size, Global E-Pharmacy Market Share, Global E-Pharmacy …
According to a new research published by Polaris Market Research the Global E-Pharmacy Market is anticipated to reach more than USD 129 billion by 2026. Request for Sample of This Research Report @ https://bit.ly/2xlqfsp Top Key Players: - Optum Rx, Inc Merck Thermo Fisher Scientific, Giant Eagle, Inc Rowland Pharmacy. Make an inquiry before buying this report @ https://www.polarismarketresearch.com/industry-analysis/e-pharma-market/inquire-before-buying According to a new research published by Polaris Market Research the Global E-Pharmacy Market is anticipated to reach more
India Online Pharmacy Market 2024
“India E Pharmacy Market Opportunity Outlook 2024” Report Highlights: * Overview of Internet Usage and E - Commerce in India * Vital Aspects of the Indian E - Pharmacy Industry * Telemedicine and E - Pharmacy * Opportunities in the Indian E - Pharmacy Market: US$ 3 Billion * Types of E - Pharmacy Business Models * E - Pharmacy Supply Chain Overview * Consumer Behavior Analysis and E - Pharmacy Market Potential Download Report Sample Weblink:
Pharmacy Automation Market
Pharmacy automation is a mechanical process where handling and distribution of medications takes place in hospital pharmacy or at retail pharmacy. It includes any pharmacy task that involves counting of small objects such as tablets or capsules, measuring and mixing of powders and liquids for compounding, tracking and updating customer information in databases such as personally identifiable information (PPI), drug interaction risk detection, medical history and inventory management. The pharmacy
Pharmacy Retailing in the UK
Summary The UK pharmacy market has continued its recovery in 2014, increasing its estimated value by 2.1%, the fastest rate of growth since 2010. This has been driven by the OTC market, which grew nearly 4%, outperforming the larger NHS receipts component. The OTC market has been lifted by improvements in consumer confidence, with people more willing to spend on self-care, health and wellbeing. Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=438316&ptitle=Pharmacy+Retailing+in+the+UK&req=Sample Key Findings – Understand the impact