Global Pharmacy Automation Devices Market (2020 to 2026) – by Product, End-use and Region – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Pharmacy Automation Devices Market By Product, By End Use, By Region, Industry Analysis and Forecast, 2020 – 2026” report has been added to ResearchAndMarkets.com’s offering.

The Global Pharmacy Automation Devices Market size is expected to reach $7.9 billion by 2026, rising at a market growth of 12.5% CAGR during the forecast period.

Decreased vulnerability to the storage of medication, low medication cost per dose, reduced medication waste, and improved patient security are some of the advantages provided by pharmacy automation devices. The overall efficiency of these systems can be improved due to the advent of RFID, smart dashboards, barcode scanning technology, and data safety in pharmacies for the smooth workflow. With the help of these devices, medication errors & labor costs can be reduced while accuracy & speed can be improved. Using these products, pharmacists’ time in nonclinical functions can be reduced & these functions include inventory management. Patient experience can be improved as pharmacists spend more time with patients.

The global healthcare industry is facing a lot of burden due to increasing rates of injuries & deaths because of the errors in the medical prescriptions. In order to prevent & reduce these recurrent medical errors, healthcare service vendors & pharmacists are continuously looking for the efficient and advanced technologies. Additionally, as the number of visitors, patients, and their subsequent security requirements is increasing, the medication distribution is becoming more sophisticated on a regular basis. In order to address these critical issues, emerging technologies like pharmacy automation systems are becoming the most effective equipment. Decreasing the errors in medical prescriptions & enhance patient security is the main goal of these tools. Healthcare service vendors and pharmacists can reduce their losses and scale-up effectiveness and productivity by adopting these pharmacy automation systems.

Due to the COVID-19 pandemic, various companies dealing in pharmacy automation devices observed a reduction in sales revenue. On the other hand, the COVID-19 pandemic is anticipated to raise awareness about the significance of automation in the healthcare and pharmaceutical sector, which, as a result, is expected to boost the pharmacy automation market in the next few years.

Companies Profiled

• McKesson Corporation
• Baxter International, Inc.
• Becton, Dickinson and Company
• ARxIUM, Inc.
• Omnicell, Inc.
• Kuka AG (Swisslog Healthcare)
• Cerner Corporation
• Accu-Chart Plus Healthcare Systems, Inc.
• Pearson Medical Technologies, LLC
• ScriptPro, LLC

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Key Topics Covered:

Chapter 1. Market Scope & Methodology

1.1 Market Definition

1.2 Objectives

1.3 Market Scope

1.4 Segmentation

1.4.1 Global Pharmacy Automation Devices Market, by Product

1.4.2 Global Pharmacy Automation Devices Market, by End Use

1.4.3 Global Pharmacy Automation Devices Market, by Geography

1.5 Methodology for the research

Chapter 2. Market Overview

2.1 Introduction

2.1.1 Overview

2.1.2 Market Composition and Scenario

2.2 Key Factors Impacting the Market

2.2.1 Market Drivers

2.2.2 Market Restraints

Chapter 3. Competition Analysis – Global

3.1 Cardinal Matrix

3.2 Recent Industry Wide Strategic Developments

3.2.1 Partnerships, Collaborations and Agreements

3.2.2 Product Launches and Product Expansions

3.2.3 Acquisition and Mergers

3.3 Top Winning Strategies

3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)

Chapter 4. Global Pharmacy Automation Devices Market by Product

4.1.1 Global Medication Dispensing Systems Market by Region

4.1.2 Global Packaging and Labeling Systems Market by Region

4.1.3 Global Storage and Retrieval Systems Market by Region

4.1.4 Global Automated Medication Compounding Systems Market by Region

4.1.5 Global Other Product Market by Region

Chapter 5. Global Pharmacy Automation Devices Market by End Use

5.1 Global Retail Pharmacy Market by Region

5.2 Global Hospital Pharmacy Market by Region

Chapter 6. Global Pharmacy Automation Devices Market by Region

6.1 North America Pharmacy Automation Devices Market

6.2 Europe Pharmacy Automation Devices Market

6.3 Asia Pacific Pharmacy Automation Devices Market

6.4 LAMEA Pharmacy Automation Devices Market

Chapter 7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/sq04gv

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