Pharmacy Automation Market Revenue Growth Regional Share Analysis

Pharmacy Automation Market size was valued at USD 6.39 Bn. in 2022 and the total Pharmacy Automation revenue is expected to grow by 8.5 % from 2023 to 2029, reaching nearly USD 9.92 Bn.

The global market intelligence firm Maximize Market research has published new Pharmacy Automation Market report that indicates the fruitful growth in the Pharmacy Automation market in the forecast period by 2029. The Maximize Market Research have customers globally and has served in than more 34 countries and 600 clients since 2017. The report highlights the common subjects with unique data base which is analysed by industry experts.

Pharmacy Automation Market Scope

The Pharmacy Automation market report provides us and in-depth analysis of the key trends, dynamics and other issues. The key findings of the report comprises of the market sizing, its segmentation and competitive analysis of the industry.  It covers the key insights of the market with a detailed regional, demand and competitor analysis. Key players and new entrants of the market are also analysed while researching to draw a competitive landscape. Several factors like revenue generated, production capacity, and products differentiation are taken into consideration while researching.

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Segment wise analysis of the industry is conducted to understand the behaviour and geographic changes of the industry. SWOT analysis was conducted to provide the strengths, weakness, opportunities and upcoming threats over the market. Porter’s five forces analysis helps one drive deeper into the industry to tweak strategies according to market and current market scenario to increase profit margins and a step ahead of the competitors in the market. PESTLE was employed to understand the actual potential impact of the external factors affecting the Pharmacy Automation market. Thus the report provides a detailed overview of the Pharmacy Automation market.

Segmentation :  

Based on Product, In 2022, the medication dispensing system segment dominated the industry, accounting for more than 24.5% of global revenue. The high share can be attributed to improved safety and accuracy in medication dispensing provided by these systems, resulting in fewer instances of incorrect medications being dispensed to patients. It also aids in effective inventory management and helps to reduce costs by managing storage. Wrong medications are dispensed to patients, which not only endangers their health but also has significant financial consequences. According to a study published in StatPearls, nearly 9,000 people die each year as a result of medication errors, and the costs associated with medication errors in terms of patient management total more than USD 40 billion per year.

by Product

• Medication Dispensing Systems
o Robots/Robotic Automated Dispensing Systems
o Carousels
o Automated Dispensing Cabinets
• Packaging And Labeling Systems
• Storage And Retrieval Systems
• Automated Medication Compounding Systems
• Tabletop Tablet Counters

by End-use

• Retail Pharmacy
• Inpatient Pharmacies
• Outpatient Pharmacies
• Pharmacy Benefit Management Organizations and Mail-Order Pharmacies

 

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Key Players

• Amerisource Bergen Corp.
• Accu Chart Plus Healthcare Systems, Inc.
• Omnicell, Inc.
• McKesson Co.
• Pearson Medical Technologies LLC
• Baxter International, Inc.
• Talyst LLC
• ScriptPro LLC
• Becton Dickinson Company
• Medacist
• Kirby Lester
• Cerner Corp.
• iA
• ARxIUM
• TouchPoint Medical
• Deenova SRL

Regional Analysis

The study of the market by segmenting it into specific regions provides the main objective market and evaluates the strategies for growth used by keys competitors in the specific regions. It provides identification of regional market trends, restrictions and development areas and new opportunities of the market. The report assists in planning and implementing the new strategies which are suitable and appropriately applicable according to specific countries and regions in the market.

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Key Questions answered in the Pharmacy Automation Market Report are:

  • What is Pharmacy Automation Market?
  • What is the forecast period of the Pharmacy Automation Market?
  • What is the competitive scenario of the Pharmacy Automation market?
  • Which region held the largest market share in the Pharmacy Automation Market?
  • What are the opportunities for the Pharmacy Automation Market?
  • What factors are affecting the Pharmacy Automation market growth?
  • Who are the key players of the Pharmacy Automation market?
  • Which company held the largest share in the Pharmacy Automation market?
  • What will be the CAGR of the Pharmacy Automation market during the forecast period?
  • What key trends are likely to emerge in the Pharmacy Automation market in the coming years?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key Trends
  • Market Segmentation: A detailed analysis by Pharmacy Automation Market
  • Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies. 

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected]

+91 96071 95908, +91 9607365656


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