Pharmacy Automation Systems Market is Expected to Reach USD 7.8 Billion by 2018


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According to a new market report published by Transparency Market Research "Pharmacy Automation Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the pharmacy automation systems market was valued at USD 4.7 billion in 2011 globally and is expected to grow to USD 7.8 billion by 2018, at a CAGR of 7.3% from 2012 to 2018. Automated technologies in pharmacy operations results in fewer medication errors, reduced medication cost, faster delivery time and enhanced control over pharmacy inventory. These benefits are expected to drive growth throughout the forecast period. In addition, market growth is expected to accelerate due to increasing cost pressure on healthcare providers from mounting regulatory guidelines, rising number of dosage prescriptions and reducing medical reimbursements.

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Pharmacy Automation Systems Market is Expected to Reach USD 7.8 Billion by 2018

  1. 1. REPORT DESCRIPTIONPharmacy Automation Systems Market - Global Industry Analysis, Size, Share,Growth, Trends And Forecast, 2012 – 2018The report provides an in-depth analysis and market forecast for the global pharmacyautomation market for the period 2012 – 2018. The report provides details of the severalpharmacy automation devices currently available in the market along with the impact ofthese machines on modern pharmacies in terms of efficiency, reduction in error and speed.The report also highlights the unique connection of pharmacy automation devices with anumber of other markets such as the E-prescription market and its role in the growth ofpharmacy automation.The scope of the report includes competitive analysis of major market segments based onend users, technology and of different regional markets such as Europe, North America,Asia-Pacific and the rest of the world. This regional analysis concluded that most developingregions are not yet ready to accept pharmacy automation technology since affordablehuman skill and low currency value still provides a cheaper work force as compared toTransparency Market ResearchPharmacy AutomationSystems Market - GlobalIndustry Analysis, Size,Share, Growth, Trends AndForecast, 2012 – 2018Single User License: US $ 4595Multi User License: US $ 7595Corporate User License: US $ 10595Buy NowRequest SamplePublished Date: Mar 201396 Pages Report
  2. 2. Browse Report : Pharmacy Automation Systems Marketmechanization. Along with this, the cost of devices and setting them up is predicted to beanother factor holding back the growth of the market. A Porter’s Five Forces analysisprovides insight into industry competition and market dynamics. End-user analysishighlights in detail the opportunities for pharmacy automation in hospitals of different sizesand in retail pharmacies. It showcases the trends in hospital investment, growth of retailpharmacies and restraints of this technology in developing regions of the world. The reportalso highlights PESTLE factors affecting market growth. The report’s market attractivenessanalysis presents a quick overview of the emerging areas which will offer sizeableopportunities to market players.The report also includes strategies and market entry barriers to be considered by individualsand groups who expect to venture into this arena in the coming years. Additionally, thereport also includes recommendations for new entrants as well as seasoned players in themarket based on current trends, and expected future market trends. To aid in tacticaldecision making, the report provides competitive profiling of key players, businessstrategies adopted by them and recent developments in the industry. This study will helpsuppliers, designers, manufacturers and distributors in the pharmacy automationtechnologies field to plan and implement their strategies in potential markets and newtechnologies.1.1 Pharmacy Automation Systems: Market SegmentationThe report segments the pharmacy automation systems market by technologies intoautomated medication dispensing, automated packaging and labeling, storage and retrievalsystems, automated compounding systems and table-top tablet counters. According tomajor end users, this market is segmented into automation in hospital pharmacies andautomation in retail pharmacies. The report also provides an in-depth analysis of currenttrends, drivers and outlook by geography in the final section.
  3. 3. TABLE OF CONTENTSChapter 1 Preface1.1 Report description1.2 Pharmacy automation systems: market segmentation1.3 Research methodology1.3.1 Sources1.4 AssumptionsChapter 2 Executive summary
  4. 4. Browse Report : 3 Pharmacy automation market analysis3.1 Current market trends and future outlook3.1.1 Benefits of pharmacy automation technologies3.2 Role of IT applications in pharmacy automation3.2.1 Clinical decision support system (CDSS)3.2.2 Computerized physician order entry (CPOE)3.2.3 E-prescribing3.2.4 Electronic health record (EHR)3.2.5 Interactive voice response (IVR)3.3 Trends of IT applications in pharmacy automation3.4 Market drivers3.4.1 Increasing number of medication error deaths3.4.2 Increasing drug prices and reducing reimbursement will increase the demand fordrug dispensing systems to control pharmacy cost3.4.3 Increasing awareness about benefits of automated systems among healthcareproviders and pharmacists3.4.4 Increasing per capita healthcare expenditure3.5 Market restraints3.5.1 High cost of implementation3.5.2 Lack of awareness about benefits of pharmacy automation technologies3.6 Market opportunities3.6.1 Huge market opportunity in emerging market segments3.6.2 Large market potential in replacement market3.7 Market attractiveness
  5. 5. 3.8 Porters five forces analysis for pharmacy automation technologies3.8.1 Bargaining power of suppliers – Moderate to Moderate3.8.2 Bargaining power of buyers – Moderate to Moderate3.8.3 Threats from substitutes – Low to Low3.8.4 Threat from new entrants - Low - Low3.8.5 Degree of rivalry - High to HighChapter 4 Pharmacy automation market analysis by application, 2012 – 20184.1 Market overview4.1.1 Automated medication dispensing4.1.1.1 Intorduction4.1.1.2 Market trends and outlook4.1.1.3 Market size and forecast4.1.2 Automated packaging and labeling4.1.2.1 Intorduction4.1.2.2 Market trends and outlook4.1.2.3 Market size and forecast4.1.3 Automated storage and retrieval systems4.1.3.1 Intorduction4.1.3.2 Market trends and outlook4.1.3.3 Market size and forecast4.1.4 Automated compounding devices4.1.4.1 Intorduction4.1.4.2 Market trends and outlook4.1.4.3 Market size and forecast4.1.5 Table-top tablet counter4.1.5.1 Intorduction
  6. 6. Market trends and outlook4.1.5.3 Market size and forecastBrowse Report : 5 Pharmacy automation market analysis, by end users, 2012 – 20185.1 Market overview5.1.1 Automation in hospital pharmacy5.1.1.1 Intorduction5.1.1.2 Market trends and outlook5.1.1.3 Market size and forecast5.1.2 Retail Pharmacy5.1.2.1 Intorduction5.1.2.2 Market trends and outlook5.1.2.3 Market size and forecastChapter 6 Pharmacy automation market analysis, by geography, 2012 - 20186.1 Market overview6.1.1 North America6.1.1.1 Intorduction6.1.1.2 Market trends and outlook6.1.1.3 Market size and forecast6.1.2 Europe6.1.2.1 Intorduction6.1.2.2 Market trends and outlook6.1.2.3 Market size and forecast
  7. 7. 6.1.3 Asia-Pacific6.1.3.1 Intorduction6.1.3.2 Market trends and outlook6.1.3.3 Market size and forecast6.1.4 Rest of the World6.1.4.1 Intorduction6.1.4.2 Market trends and outlook6.1.4.3 Market size and forecastChapter 7 Key competitors analysis7.1.1 Pharmacy automation market share analysis, 2011Chapter 8 Company profile analysis8.1 AmerisourceBergen Corporation8.1.1 Business overview8.1.2 Financial overview8.1.3 Business strategies8.1.4 Recent developments8.2 McKesson Corporation8.2.1 Business overview8.2.2 Financial overview8.2.3 Business strategies8.2.4 Recent developments8.3 CareFusion Corporation8.3.1 Business overview8.3.2 Financial overview8.3.3 Business strategies
  8. 8. 8.3.4 Recent developments8.4 Health Robotics SRL8.4.1 Business overviewBrowse Report : Financial overview8.4.3 Business Strategies8.4.4 Recent developments8.5 Cerner Corporation8.5.1 Business overview8.5.2 Financial overview8.5.3 Business strategies8.5.4 Recent developments8.6 Kirby Lester8.6.1 Business overview8.6.2 Financial overview8.6.3 Business strategies8.6.4 Recent developments8.7 Omnicell Inc8.7.1 Business overview8.7.2 Financial overview8.7.3 Business strategies8.7.4 Recent developments8.8 Baxter International Inc.8.8.1 Business overview8.8.2 Financial overview
  9. 9. 8.8.3 Business strategies8.8.4 Recent developments8.9 ScriptPro LLC8.9.1 Business overview8.9.2 Financial overview8.9.3 Business strategies8.9.4 Recent developments8.10 Swisslog Holding Ltd8.10.1 Business overview8.10.2 Financial overview8.10.3 Business strategies8.10.4 Recent developments8.11 Yuyama Co., Ltd8.11.1 Business overview8.11.2 Financial overview8.11.3 Business strategies8.12 Talyst Inc8.12.1 Business overview8.12.2 Financial overview8.12.3 Business strategies8.12.4 Recent developmentsAbout Us:Transparency Market Research is a market intelligence company providing global businessinformation reports and services. Our exclusive blend of quantitative forecasting and trendsanalysis provides forward-looking insight for thousands of decision makers.
  10. 10. We are privileged with highly experienced team of Analysts, Researchers and Consultants,who use proprietary data sources and various tools and techniques to gather, and analyzeinformation. Our business offerings represent the latest and the most reliable informationindispensable for businesses to sustain a competitive edge.Contact Us :Transparency Market Research90 State Street,Suite 700,AlbanyNY - 12207United StatesTel: +1-518-618-1030USA - Canada Toll Free 866-552-3453Email: sales@transparencymarketresearch.comWebsite: