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The global Pharmacy Automation market garnered revenue around USD XX Billion in 2019 and projected to reach USD 7 Billion in 2027, with at a compound annual growth rate of 8.70% throughout the estimate period from 2020 to 2027.
Pharmacy automation includes automatic processes of handling and dispensing medications. It also involves counting small objects, calculating and mixing powders and liquids for compounding, tracing, and updating customer records in the database along with inventory management. Growing need to minimize medication errors, technological advancements by market players, decentralization of pharmacies, and rising geriatric population are the key factors that are expected to drive the market growth. Moreover, the rising pharmaceutical industry in developing regions is expected to drive the growth of the market.
The increasing popularity of pharmacy automation products is expected to influence the growth of the global pharmacy automation market during the forecast period.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Pharmacy Automation market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Pharmacy Automation market growth.
The global Pharmacy Automation market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Capsa Healthcare
Parata Systems
Arxium Inc.
Omnicell Inc.
RxSafe, LLC
Scriptpro LLC
Becton, Dickinson, and Company
Cerner Corporation
KUKA AG
Yuyama Co., Ltd
Others
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Product Type: Automat
ed Medication Dispensing Systems
Automated Packaging and Labeling Systems
Automated Table-top Counters
Automated Storage and Retrieval Systems
End-User
Inpatient Pharmacies
Outpatient Pharmacies
Retail Pharmacies
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
North America
? U.S.
? Canada
Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
Central & South America
? Brazil
? Argentina
? Rest of Central & South America
Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA