Lewes, DE -- (SBWIRE) -- 06/25/2015 -- Report forecast the out-patient pharmacy automation devices market in the US to grow at a CAGR of 4.29% over the period 2014-2019.

Healthcare facilities focus on improving patient safety by preventing medication overdose, enhancing the quality of treatment, and decreasing the readmission rate. Pharmacists have been exploring various strategies and technologies to improve patient safety and reduce overall costs. Hence, there is a need for new technologies or practices to improve the efficiency of drug dispensing and maintain appropriate records.

Pharmacy automation, an automated drug handling and distributing process, improves the workflow by preventing manual errors. Automated pharmacy systems perform tasks such as counting of medications, mixing and measuring liquids and powders for compounding, maintaining a database on patients, and managing inventory. With the help of centralized pharmacies, pharmaceutical wholesalers can provide products and services to hospitals and retail pharmacies. Centralize pharmacies help minimize human error, increase productivity, reduce medication inventory costs, and increase patient safety. In addition, they enhance the operational capacity without the need to hire and train new staff members.

The report covers the present scenario and the growth prospects of the out-patient pharmacy automation devices market in the US for the period 2015-2019. Based on application, the market can be segmented into the following: automated medication dispensing systems, automated storage and retrieval systems, automated packaging and labeling systems, table-top tablet counters, and automated compounding devices.

According to the report, automated drug-management systems promote a safer drug-administration environment and efficient medication management. Nearly 25% of patients in hospitals die from or are injured by an adverse drug event. Therefore, hospitals are increasingly adopting closed-loop medication systems, which heavily rely on IT resources, automated solutions, and software. All these systems are integrated with EMRs to improve drug management and administration by eliminating human error. Therefore, a rise in the adoption of automated medication-management systems is expected to drive the growth of the market during the forecast period.

Out-patient Pharmacy Automation Devices Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and APAC and EMEA; it covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions
- Americas
- APAC
- EMEA

Key players in the outpatient pharmacy automation market in the US: CareFusion (acquired by Becton Dickinson), McKesson, Parata Systems and ScriptPro

Other Prominent Vendors in the market are: Accu-Chart Plus Healthcare Systems, Aesynt, AmerisourceBergen, Avery Weigh-Tronix, Capsa Solutions, ForHealth Technologies, Innovation Associates, MedDispense, Omnicell, Pearson Medical Technologies, Rice Lake Weighing Systems, RxMedic Systems, Swisslog, Talyst and Yuyama

Market Driver
- Rise in Integrated and Efficient Drug Management Systems
- For a full, detailed list, view our report

Market Challenge
- High Initial Investment
- For a full, detailed list, view our report

Market Trend
- Growing Rental Business
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 68 pages, "Out-patient Pharmacy Automation Market in the US 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Impact of Affordable Care Act on Out-patient Pharmacy Automation in the US, Market Segmentation by Application, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/out-patient-pharmacy-automation-market-us-2015-2019

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