Global Pharmacy Automation Systems Market 2017-2027: Inventory Management Expected to Be the Second Most Lucrative Application Segment

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Albany, NY -- (SBWire) -- 04/02/2018 --This report by Future Market Insights (FMI) examines the pharmacy automation systems market for the period 2012–2027. The primary objective of the report is to offer updates and information related to market opportunities in the global pharmacy automation systems market.

Report Description

The global pharmacy automation systems market report begins by defining pharmacy automation systems and various types of systems used for automating the entire process in pharmacies. It is followed by an overview of market dynamics of the global pharmacy automation systems market, which includes FMI analysis of key trends, drivers, restraints and opportunities along with factors important for vendor selection criteria that is influencing the growth of the pharmacy automation systems market. It also includes an insight into region wise trends impacting market growth. Impact analysis of key growth drivers and restraints based on a weighted average model has been included in the global pharmacy automation systems market report after a detailed analysis of individual regions to better equip readers with meaningful insights on ongoing technological developments in the pharmacy automation systems market.

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Based on product type, the market has been segmented into medication dispensing cabinets, packaging and labelling systems, IV pharmacy (automated drug compounding), robotic dispensing systems, carousal storage systems and tablet splitters. Based on application, the market has been segmented into drug dispensing & packaging, drug storage and inventory management. Based on end user, the market is segmented into hospital pharmacies, clinic pharmacies, retail pharmacies, mail order pharmacies and pharmaceutical SMEs. A detailed analysis has been provided for these segments in terms of market size, Y-o-Y growth rate, and historic market size analysis.

The next section of the report highlights the pharmacy automation systems market by region and provides market outlook for 2012–2027. The report also discusses key regional trends contributing to the revenue growth of the pharmacy automation systems worldwide, as well as analyses the impact of drivers and restraints in each region. Key regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East & Africa (MEA).

The above sections—by product, application, end user and region—evaluate the present scenario and growth prospects of the pharmacy automation systems market for the forecast period 2017–2027. We have considered 2016 as the base year and provided data for the forecast period.

To ascertain pharmacy automation systems market size, we have considered revenue generated by companies in the global pharmacy automation systems market. The forecast presented here assesses the total revenue by value across the pharmacy automation systems market. In order to offer an accurate forecast, we have started by sizing up the current market, which forms the basis of how the pharmacy automation systems market is expected to develop in the future. Given the characteristics of the market, we have triangulated the outcome of three different types of analysis based on supply side, downstream industry demand, and the economic envelope.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse it based on key parameters such as year-on-year (Y-o-Y) growth rates to understand the predictability of the market and to identify the right opportunities across the global pharmacy automation systems market. To understand key growth segments in terms of growth and sales of pharmacy automation systems globally, Future Market Insights has developed the pharmacy automation systems market 'Attractiveness Index' to help providers identify real market opportunities in the global pharmacy automation systems market.

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In the final section of the report on the global pharmacy automation systems market, a 'Competitive Landscape' is included to provide report audiences with detailed company profiles based on categories of providers in the pharmacy automation systems market and key differentiators. Key categories of providers covered in the report include companies manufacturing and developing pharmacy automation systems. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the leading companies in the pharmacy automation systems market. Report audiences can gain segment-specific company insights to identify and evaluate key competitors based on an in-depth assessment of capabilities and successes in the pharmacy automation systems marketplace. Detailed profiles of pharmacy automation systems companies are also included in the scope of the report to evaluate their long- and short-term strategies, key offerings, SWOT analysis, and recent developments in the global pharmacy automation systems market.

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