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Developments in Global Robotic Pharmacy Prescription Dispensing Systems Market Expected to Grow at a CAGR of 5.16% Between 2017 and 2021

The global robotic pharmacy prescription dispensing systems market is anticipated to grow at a steady rate and will post a CAGR of more than 5% during the forecast period. The trend for miniaturization of sensors will drive the growth prospects for the global robotic pharmacy prescription dispensing systems market until the end of 2021.


Albany, NY -- (SBWIRE) -- 02/28/2017 -- As robotic technology improves, the future of pharmacy automation will progress along with it. Likewise, in the dispensing system, automated dispensing has a huge impact on the pharmacies. In today's world, growing number of pharmacies are installing robotic dispensing systems to optimize prescription fulfilment, improve efficiency and deliver enhanced patient-centred consultations. These factors have been highlighted along with the overall market overview in the latest study, titled "Global Robotic Pharmacy Prescription Dispensing Systems Market 2017-2021". Market Research Hub (MRH) has recently broadcasted this study to their online repository.

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The main purpose of the study is to analyze the current scenario and growth prospects for the coming years. For this, the analysts have geographically segmented the market into major regions, including APAC, Americas and EMEA. According to the key conclusions, global robotic pharmacy prescription systems market is set to grow steadily at a CAGR of 5.16% during the period 2017-2021.

Firstly, the report starts by defining the scope and introduction of the robotic pharmacy prescription dispensing system. Moreover, market landscape, segmentation and market dynamics are also represented in the additional sections. The prescription dispensing system is robotic and computerized, and it ensures that the prescription is filled exactly how the doctor ordered it. It is an essential process in patient care and in health care facilities as all other procedures prior to prescription dispensing will be dismissed, if the medication has errors like incorrect dosage or unsuitable packaging.

Moving further, the report further segments the market on the basis of its end-user, which mainly includes: Hospital pharmacies and Retail pharmacies.

As hospitals and retail pharmacies increase their investment in pharmacy automation solutions, high-volume pharmacies can modernize the way they handle their workload. Further, the report also adds that the increasing adoption of closed-loop medication systems in hospitals will drive the growth projections for the global robotic pharmacy prescription dispensing systems market until 2021. The main reason behind this is that these systems are highly dependent on IT resources, automated solutions & software, which are unified with electronic medical records (EMRs).

Moreover, another trend 'miniaturization of sensors' has led to a decline in costs of sensors that will further boost the use of robots in pharmacies because these robotic pharmacy prescription dispensing systems use greatly innovative and complex sensors. In terms of geography, the analysts estimate that as in 2015, the Americas will continue to dominate the market until the end of 2021.

In the next section, the report has profiled major vendors in details. They are:

Parata Systems

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Some other prominent vendors operating in the global market are ARxIUM, Willach, Amada, Abacus and RoboPharma.

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