Pharmacy Automation Systems is the mechanical process that involves handling and distributing medications. This helps in reduced filling errors, more prescriptions fill in less time and increases patient safety and staff productivity.
The Pharmacy Automation Systems market is anticipated to grow in the forecast, owing to the factors such as rising need to minimize medication errors, rapid decentralization of pharmacies, increase in geriatric population, increasing awareness among pharmacists, cost reduction measures by healthcare professionals and rising labor cost. Nevertheless, reluctance in adoption of pharmacy automation system is expected to restrict the growth of market during the forecast period.
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The Prominent/Emerging Players in the Pharmacy Automation Systems Market Research include:
The global Pharmacy Automation Systems market is segmented on the basis of product and end user. Based on product the market is segmented into automated medication dispensing systems, automated storage and retrieval systems, automated packaging and labelling systems, tabletop tablet counters, automated compounding devices. Based on end user the market is segmented into retail pharmacy, hospital pharmacy
Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.
Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.
Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.
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