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Market Research Report

Pharmacy Automation Market - Global Industry Insights, Trends, Size, Share, Outlook, and Opportunity Analysis, 2017-2025

Published by Coherent Market Insights Product code 798087
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Pharmacy Automation Market - Global Industry Insights, Trends, Size, Share, Outlook, and Opportunity Analysis, 2017-2025
Published: February 25, 2019 Content info: 176 Pages
Description

Pharmacy automation is a process where handling and distribution of medications takes place in hospital pharmacy or at retail pharmacy by means of automation. Pharmacy automation 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.

Market Dynamics

Increasing need to reduce medication errors and development of automated systems with improved features is a major factor driving pharmacy automation market growth. According to the National Coordinating Council for Medication Error Reporting and Prevention (NCC MERP), approximately 0.1 million approximately people die annually from medical errors that occur in hospitals.

Similarly, according to the Institute of Medicine survey in 2014, due to medication errors 1 out of 131 outpatient and 1 out of 854 inpatient deaths each year's globally. Furthermore, according World Health Organization (WHO) studies in 2016, in United Kingdom, 12% of primary care patient affected by monitoring or prescribing error of medicine over the course of a year and its increases to 31% in older patient who is 75 year and older who is receiving more than 5 drug during 12 months period.

Moreover, error of injectable products primary concern is the risk of infectious disease transmission. According to WHO in 2008 unsafe medical injections led to 340,000 human immunodeficiency virus (HIV) infections, three million cases of bacteremia and 15 million hepatitis B infections.

Key features of the study:

  • This report provides in-depth analysis of the pharmacy automation market and provides market size (US$ million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2018 - 2026), considering 2017 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by key players
  • It profiles key players in the global Pharmacy Automation Market based on the following parameters - company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
  • Key companies covered as a part of this study include, Becton, Dickinson and Company, McKesson Corporation, Yuyama Co., Ltd., Omnicell, Inc., ScriptPro LLC, Cerner Corporation, Capsa Healthcare, Baxter International, Inc., KUKA AG, TCGRx Pharmacy Workflow Solutions, RxSafe, LLC, ARxIUM Inc. Swisslog Holdings AG and Talyst systems LLC.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global pharmacy automation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the pharmacy automation market

Detailed Segmentation

  • Global Pharmacy Automation Market, By Product Type:
    • Automated Medication Dispensing Systems
    • Automated Storage & Retrieval Systems
    • Automated Packaging & Labeling Systems
    • Tabletop Tablet Counters
    • Automated Compounding Devices
  • Global Pharmacy Automation Market, By End User:
    • Retail Pharmacy
    • Hospital Pharmacy
  • Global Pharmacy Automation Market, By Geography:
    • North America
      • By Product Type:
      • Automated Medication Dispensing Systems
      • Automated Storage & Retrieval Systems
      • Automated Packaging & Labeling Systems
      • Tabletop Tablet Counters
      • Automated Compounding Devices
      • By End User:
      • Retail Pharmacy
      • Hospital Pharmacy
      • By Country:
      • U.S.
      • Canada
    • Latin America
      • By Product Type:
      • Automated Medication Dispensing Systems
      • Automated Storage & Retrieval Systems
      • Automated Packaging & Labeling Systems
      • Tabletop Tablet Counters
      • Automated Compounding Devices
      • By End User:
      • Retail Pharmacy
      • Hospital Pharmacy
      • By Country:
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Europe
      • By Product Type:
      • Automated Medication Dispensing Systems
      • Automated Storage & Retrieval Systems
      • Automated Packaging & Labeling Systems
      • Tabletop Tablet Counters
      • Automated Compounding Devices
      • By End User:
      • Retail Pharmacy
      • Hospital Pharmacy
      • By Country:
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Asia Pacific
      • By Product Type:
      • Automated Medication Dispensing Systems
      • Automated Storage & Retrieval Systems
      • Automated Packaging & Labeling Systems
      • Tabletop Tablet Counters
      • Automated Compounding Devices
      • By End User:
      • Retail Pharmacy
      • Hospital Pharmacy
      • By Country:
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East
      • By Product Type:
      • Automated Medication Dispensing Systems
      • Automated Storage & Retrieval Systems
      • Automated Packaging & Labeling Systems
      • Tabletop Tablet Counters
      • Automated Compounding Devices
      • By End User:
      • Retail Pharmacy
      • Hospital Pharmacy
      • By Country:
      • GCC
      • Israel
      • Rest of Middle East
    • Africa
      • By Product Type:
      • Automated Medication Dispensing Systems
      • Automated Storage & Retrieval Systems
      • Automated Packaging & Labeling Systems
      • Tabletop Tablet Counters
      • Automated Compounding Devices
      • By End User:
      • Retail Pharmacy
      • Hospital Pharmacy
      • By Country:
      • South Africa
      • Central Africa
      • North Africa
  • Company Profiles
    • Becton *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Highlights
      • Market Strategies
    • McKesson Corporation.
    • Yuyama Co., Ltd.
    • Dickinson and Company.
    • Omnicell, Inc.
    • ScriptPro LLC
    • Cerner Corporation
    • Capsa Healthcare
    • Parata Systems LLC
    • Baxter International, Inc.
    • KUKA AG
    • TCGRx Pharmacy Workflow Solutions
    • RxSafe, LLC
    • ARxIUM Inc.
    • Swisslog Holdings AG.
    • Talyst systems LLC.
    • Teleflex Incorporated

"*" marked represents similar segmentation in other categories in the respective section.

Table of Contents

Table of Contents

1. Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product Type
    • Market Snippet, By End user
    • Market Snippet, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Impact Analysis
  • Key Highlights
  • PEST Analysis
  • PORTER's Analysis
  • Mergers and Acquisitions
  • Epidemiology

4. Global Pharmacy Automation Market, By Product Type, 2018 - 2026, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2018 and 2026 (%)
    • Y-o-Y Growth Analysis, 2019- 2026
    • Segment Trends
  • Automated Medication Dispensing Systems
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2026, (US$ Mn)
  • Automated Storage & Retrieval Systems
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2026, (US$ Mn)
  • Automated Packaging & Labeling Systems
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2026, (US$ Mn)
  • Tabletop Tablet Counters
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2026, (US$ Mn)
  • Automated Compounding Devices
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2026, (US$ Mn)

5. Global Pharmacy Automation Market, By End User, 2018 - 2026, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2018 and 2026 (%)
    • Y-o-Y Growth Analysis, 2019- 2026
    • Segment Trends
  • Retail Pharmacy
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2026, (US$ Mn)
  • Hospital Pharmacy
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2026, (US$ Mn)

6. Global Pharmacy Automation Market, By Region, 2018 - 2026, (US$ Mn)

  • Introduction
    • Market Share Analysis, By Region, 2018 and 2026 (%)
    • Y-o-Y Growth Analysis, For Regions, 2017-2026
  • North America
    • Market Size and Forecast, By Product Type, 2018 - 2026, (US$ Mn)
    • Market Size and Forecast, By End User, 2018 - 2026, (US$ Mn)
    • U.S.
    • Canada
  • Latin America
    • Market Size and Forecast, By Product Type, 2018 - 2026, (US$ Mn)
    • Market Size and Forecast, By End User, 2018 - 2026, (US$ Mn)
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    • Market Size and Forecast, By Product Type, 2018 - 2026, (US$ Mn)
    • Market Size and Forecast, By End User, 2018 - 2026, (US$ Mn)
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast, By Product Type, 2018 - 2026, (US$ Mn)
    • Market Size and Forecast, By End User, 2018 - 2026, (US$ Mn)
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of APAC
  • Middle East
    • Market Size and Forecast, By Product Type, 2018 - 2026, (US$ Mn)
    • Market Size and Forecast, By End User, 2018 - 2026, (US$ Mn)
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • Market Size and Forecast, By Product Type, 2018 - 2026, (US$ Mn)
    • Market Size and Forecast, By End User, 2018 - 2026, (US$ Mn)
    • South Africa
    • Central Africa
    • North Africa

7. Competitive Landscape

  • Heat Map Analysis
  • Market Share Analysis
  • Company Profiles
    • Becton, Dickinson and Company *
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • McKesson Corporation.
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • Yuyama Co., Ltd
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • Omnicell, Inc.
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • ScriptPro LLC
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • Cerner Corporation
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • Capsa Healthcare
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • Baxter International, Inc.
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • Cerner Corporation
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • KUKA AG
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • TCGRx Pharmacy Workflow Solutions
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • RxSafe, LLC
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • ARxIUM Inc.
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • Swisslog Holdings AG.
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • Talyst systems LLC.
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
    • Teleflex Incorporated
    • Company Overview
    • Product Type Portfolio
    • Financial Overview
    • Key Highlights
    • Market Strategies
  • Analyst Views

8. Section

  • References
  • Research Methodology
  • About Us and Sales Contact
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