Decentralization of Pharmacies is Bolstering the Global Pharmacy Automation Equipment Market
Browse 39 Market Data Tables and 39 Figures spread over 200 Pages, along with in-depth analysis on the Global Pharmacy Automation Equipment Market byProduct, End-user, & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Pharmacy Automation Equipment Market Scenario
Decentralized pharmacy services refer to a practice model where a pharmacist located in the ward is responsible for both clinical as well as distribution services. Thus, such decentralized services are the most preferred method for delivering pharmacy services in a hospital. This is attrubited to the numerous advantages they offer, such as increased patient safety, cost-effectiveness, enhanced efficiency in patient care, and better job satisfaction for pharmacists as well as other healthcare members.
A decentralized medicine distribution system allows them to dispense over 80% of the medication from automated dispensing cabinets, as compared to centralized distribution stations, which affect clinicians’ time. The decentralized distribution model is highly flexible and is therefore being preferred in healthcare. This has significantly raised the demand for pharmacy automation equipment.
However, many pharmacists are still reluctant to adopt pharmacy automation systems as part of their medication dispensing regimen. Although pharmacy automation may reduce pharmacy & hospital costs and offer numerous benefits, the initial investments required for implementing these systems are very expensive. This factor acts as a barrier in the adoption of pharmacy automation systems.
The Global Pharmacy Automation Equipment Market report provides data tables and includes charts and graphs for visual analysis.
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Market Segmentation
Market by Product
- Automated Storage and Retrieval System
- Automated Table-top System
- Automated Packaging and Labeling Counter
- Automated Medication Dispensing System
- Other Products
Market by End-User
- Hospital Pharmacy
- Retail Pharmacy
- Other End-users
Report Highlights
– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities – Market forecasts till 2028, using estimated market values as the base numbers – Key market trends across the business segments, regions, and countries – Key developments and strategies observed in the market – Market dynamics such as drivers, restraints, opportunities, and other trends – In-depth company profiles of key players and upcoming prominent players – Growth prospects among the emerging nations through 2028
Companies Profiled
- PEARSON MEDICAL TECHNOLOGIES
- RXSAFE LLC
- MCKESSON CORPORATION
- ACCU-CHART PLUS HEALTHCARE SYSTEM INC
- ARXIUM INC
- SCRIPTPRO LLC
- AVERY WEIGH -TRONIX
- SWISSLOG HOLDINGS AG
- YUYAMA CO LTD
- CAPSA HEALTHCARE LLC
- CERNER CORPORATION
- BECTON, DICKINSON AND COMPANY (BD)
- ALIXARX
- PARATA SYSTEMS LLC
- BAXTER INTERNATIONAL INC
- PERCEPTIMED INC
- AMERISOURCEBERGEN
- OMNICELL INC
- NEWLCON OY
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