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Global Pharmacy Automation Device Market Size and Forecast 2018-2025: Key Players Analysis and Market Outlook


Albany, NY -- (SBWIRE) -- 07/31/2018 -- This report studies the global Pharmacy Automation Device market status and forecast, categorizes the global Pharmacy Automation Device market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Pharmacy automation involves the mechanical processes of handling and distributing medications. Any pharmacy task may be involved, including counting small objects (e.g., tablets, capsules); measuring and mixing powders and liquids for compounding; tracking and updating customer information in databases (e.g., personally identifiable information (PII), medical history, drug interaction risk detection); and inventory management.

The increasing demand for Pharmacy Automation Device drives the market. Technological innovations, improvement in medical services accessibility, growing aging population and rising labor cost at pharmacies are main factors contributing to the growth of market. In order to improve productivity and efficiency, automated medication dispensing systems are more adopted in large sized hospitals. Other factors are rising awareness about pharmacy automation, increasing personal disposable income of customer in the emerging nations and rapid population growth. Yet the market faces some challenges which are obstructing the growth of the market.

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Some of the major challenges faced by the market are high cost of implementation and installation, intense competition among vendors, stringent government regulations etc. Regionally, North America was the dominant market in terms of revenue. Owing to increasing geriatric population base, rising demand for reducing medical error rates in healthcare industry and continuously upgradation in technology are the main reasons expecting domination over the forecast period. Asia Pacific region is anticipated to experience the highest growth rate by 2020 owing to rising awareness about medical automation.

The major manufacturers covered in this report
- AmerisourceBergen Corporation
- ForHealth Technologies
- Fulcrum Inc
- Accu Chart Healthcare
- McKesson Corporation
- Innovation PharmaAssist Robotics
- Pearson Medical Technologies
- Parat Systems Pharmacy Automation
- GSE Scale Sysyems
- ScriptPro
- Swisslog Holding
- Talyst
- Yuyama

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Packaging & Labeling
- Medication Dispensing
- Storage & Retrieval
- Medication Compounding
- Table-Top Counters

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Hospital Pharmacy
- Retail Pharmacy

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Key Stakeholders
- Pharmacy Automation Device Manufacturers
- Pharmacy Automation Device Distributors/Traders/Wholesalers
- Pharmacy Automation Device Subcomponent Manufacturers
- Industry Association
- Downstream Vendors

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