Pharmacy automation is the process which involves the automation of manual processes of handling and distributing medications in order to reduce or minimize the incidences of deaths and injuries due to medication prescription errors which is consistently putting pressure on healthcare providers and pharmacists to deploy more effective technologies. Pharmacy automation involves automation of tablet counting, compound preparation, prescription management, medication packaging, dispensing and inventory management, hence reducing the overall cost and also increasing the efficiency. Globally, increasing deaths and injuries coupled with increasing awareness about benefits of using such systems amongst pharmacists is expected to remain the key growth driver during the period of study.
Geographically, North America dominated the pharmacy automation systems market driven by higher penetration of automated systems at retail level and higher spending on technology by retail establishments in the region. North America was followed by Europe and Asia-Pacific as second and third largest market for the pharmacy automation systems market. Asia Pacific is projected to have the fastest growth, owing to increased demand for pharmacy automation systems in the emerging countries such as China and India.
This report identifies the pharmacy automation systems market size for the years 2014-2016, and forecast of the same till the year 2022. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to the pharmacy automation systems market.
This report segments the pharmacy automation systems market on the basis of product type, end-user and regional market as follows:
- Pharmacy automation systems market research report is classified on the basis of product type. Some of the major product type covered in this report are as follows: Medication Dispensing Systems, Packaging and Labeling Systems, Table-top Counters, Automated Medication Compounding Systems, Automated Storage and Retrieval Systems and Others
- Pharmacy automation systems market research report is classified on the basis of end-user. Some of the major end-users covered in this report are as follows: Inpatient Pharmacy Automation, Outpatient Pharmacy Automation, Retail Pharmacies, and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
This report identifies all the major companies operating in the pharmacy automation systems market. Some of the major companies’ profiles in detail are as follows:
- Emagin Corporation
- Kopin Corporation
- LG Display Co., Ltd.
- AU Optronics Corporation
- Microvision Inc.