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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
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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

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