Global Pharmacy Automation Devices Market: Size, Trends & Forecasts (2017-2021)
"The Report Global Pharmacy
Automation Devices Market: Size, Trends & Forecasts (2017-2021)
provides information on pricing, market analysis, shares, forecast,
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About
Pharmacy
Automation Devices
Market
The report entitled Global Pharmacy
Automation Devices Market: Size, Trends & Forecasts (2017-2021)
provides a detailed analysis of the global pharmacy automation
devices market by value and by segments. The analysis includes market
size in terms of value, market share by segment and penetration rate.
The report also provides brief country
analysis of the US, Korea and India. Geographically, North America is
the largest market for pharmacy automation devices market and is
expected to dominate the market in the forecasted period also.
Furthermore, the report also assesses the
key opportunities available in the market and outlines the market
dynamics that are and will be accountable for growth of the industry.
Growth of the global pharmacy automation devices market has also been
forecasted for the period 2017-2021, taking into consideration
previous growth outlines, growth drivers and the existing and
forthcoming trends.
The competition in the global pharmacy
automation devices market is fragmented with several players, such as
McKesson, AmerisourceBergen, Health Robotics, Omnicell, Cerner, Care
Fusion etc. Further the key players of the global pharmacy automation
devices market: McKesson, AmerisourceBergen, Omnicell and JVM co.
Ltd. are profiled with their financial information and respective
business strategies.
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Company Coverage
McKesson Corporation
AmerisourceBergen
Omnicell
JVM co. Ltd.
Region Coverage
The US
Korea
India
Executive Summary
Automation in pharmacy is related with
the process of handling and distribution of medications in pharmacy
or other health care centres and involve the task of counting and
dispensing of tablets, measuring and mixing powders and liquids for
compounding, inventory management etc. Technological innovations in
pharmaceutical industry make it obligation for hospitals and
pharmacies to adopt the automation process in order to reduce the
medication errors, high labour cost and increasing need for accurate
and standardized drugs in order to decline in number of deaths which
occurred due to incorrect amount of medications.
On the basis of technology, pharmacy
automation devices are broadly categorized into five types: Auto
Dispensing Cabinets, Table-Top Tablet Counters, Automated Compounding
Systems, Automated Packaging and Labeling System, and Automated
Storage and Retrieval System. Each device/system performs a number of
different tasks. Two major end-users of the automation devices are:
Retail Pharmacy and Hospital Pharmacy.
Global pharmacy automation devices market
has increased at a significant CAGR during the years 2014-2016, and
the projections are made that the market would rise tremendously in
the next four years i.e. 2017 to 2021. The growth of the pharmacy
automation devices market is expected due to technological
innovations, improvement in medical services accessibility, growing
aging population, rising labor cost at pharmacies, growth
opportunities in emerging economies etc. Yet the market faces some
challenges which are obstructing the growth of the market. Some of
the major challenges faced by the market are high cost of
implementation and installation, intense competition among vendors,
stringent government regulations etc.
Table Of Contents
1. Executive Summary
2. Introduction
2.1 Overview of Pharmacy Automation
Devices
2.1.1 Benefits of Pharmacy Automation
Devices
2.1.2 Types of Pharmacy Automation
Devices on the basis of Technology
2.1.3 Types of Pharmacy Automation
Devices on the basis of Application
2.1.4 Pharmacy Automation Devices
End-Users
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3. Global Market Analysis
3.1 Global Pharmacy Automation Devices
Market Analysis
3.1.1 Global Pharmacy Automation Devices
Market by Value
3.1.2 Global Pharmacy Automation Devices
Market by Technology
3.1.3 Global Pharmacy Automation Devices
Market by Application
3.2 Global Auto Dispensing Cabinet Market
Analysis
3.2.1 Global Auto Dispensing Cabinet
Market by Value
3.2.2 Global Auto Dispensing Cabinet
Market Size by Region
3.3 Global Drug Dispensing and Packaging
Market Analysis
3.3.1 Global Drug Dispensing and
Packaging Market by Value
4. Region/Country Analysis
4.1 The US Auto Dispensing Cabinet Market
Analysis
4.1.1 The US Auto Dispensing Cabinet
Market by Penetration Rate
4.2 Korea Auto Dispensing Cabinet Market
Analysis
4.2.1 Korea Auto Dispensing Cabinet
Market Overview
4.3 India Pharmacy Automation Devices
Market Analysis
4.3.1 India Pharmacy Automation Devices
Market by Revenue
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Aging Population
5.1.2 Rising Need to Minimize Medication
Errors
5.1.3 Rising Labor Cost at Pharmacies
5.1.4 Improvement in Medical Services
Accessibility
5.1.5 Increasing Need for Accurate, Safe
and Standardized Drug
5.2 Challenges
5.2.1 High Cost of Implementation and
Installation
5.2.2 Intense Competition among Vendors
5.2.3 Lack of Awareness in Developing
Economies
5.2.4 Stringent Government Regulations
5.3 Market Trends
5.3.1 Technological Advancements
5.3.2 Growth Opportunities in Emerging
Economies
5.3.3 Increasing Need for Automation in
Pharmacy
5.3.4 Rising Demand for Effective
Tracking System
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