Global Pharmacy Automation market to grow at a CAGR of 7.01% over the period 2014-2019
Deerfield Beach, FL -- (SBWIRE) -- 08/21/2015 -- Global Pharmacy Automation market to grow at a CAGR of 7.01 percent over the period 2014-2019. Pharmacy automation system is an effective tool to minimize prescription errors and ensure patient safety. It is a system to automate workflow process and eliminate medication errors during packaging and dispensing in the field of medicine and healthcare. Pharmacy automation involves medicine counting, mixing and measuring liquids and powders for compounding, updating customer database, and inventory management. While maintaining accuracy level, the system can bring new business without hiring and training new staff.
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According to the new report, the latest advances in technology and the sophisticated approaches used in various healthcare operations have increased the demand for pharmacy automation products. Many pharmaceutical companies are launching new technologies to improve the efficiency of medication distribution, which has led pharmacies to become more receptive to adopting the new systems.
"Introduction of central-fill systems, telehealth, robotic prescription dispensing systems and automated kiosks is expected to drive market growth during the forecast period,".
The report also emphasizes the growth of customer support services. Vendors are providing technicians with operational guidance and personalized technical support 365 days a year, in addition to offering automated systems updated with the latest software and drug databases.
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Covered in this Report
The Global Pharmacy Automation market can be segmented into: Automated Medication Dispensing, Automated Storage and Retrieval Systems, Automated Packaging and Labeling, Table-top Tablet Counter, and Automated Compounding Devices.
Global Pharmacy Automation Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region and the EMEA region; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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"The support packages are available on rented pharmacy automation systems, which is expected to impact the Global Pharmacy Automation Market in the coming years,".
To retain the customer base and remain competitive in the market, vendors are also offering several maintenance and post-purchase services to end-users.