TMCnet News

Markets and Markets : Pharmacy Automation Systems Market worth $4,566.2 Million by 2019
[September 18, 2014]

Markets and Markets : Pharmacy Automation Systems Market worth $4,566.2 Million by 2019


(M2 PressWIRE Via Acquire Media NewsEdge) The report "Pharmacy Automation Systems Market by product type (Medication Dispensing Systems, Packaging and Labeling Systems, Table-top Counters) by End-user (Inpatient Pharmacy Automation, Outpatient Pharmacy Automation) - Global Forecasts & Trends to 2019" analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and the Rest of the World (RoW).



Browse 101 market tables and 30 figures spread through 300 pages and in-depth TOC on "Pharmacy Automation Systems Market" http://www.marketsandmarkets.com/Market-Reports/pharmacy-automation-systems-market-71522890.html Early buyers will receive 10% customization on this report.

The pharmacy automation systems market is estimated at $3,165.9 million in 2014 and is expected to register a CAGR of 7.6% to reach $4,566.2 million by 2019. The need for cost reduction, lowering of medication errors, increasing efficiency of work within the pharmacies, system integration, productivity, and provision of additional time to clinicians and pharmacists for patient care are the major drivers for the market. However, stringent regulatory guidelines and high costs of implementation of automation systems are some of the key factors restraining the growth of the global market. However, increase in awareness regarding the benefits of pharmacy automation systems offer new growth opportunities to the market players.


Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=71522890 Based on products, the global market includes automated medication dispensing systems, automated packaging and labeling systems, automated medication compounding systems, storage and retrieval systems, Table-top counters, and other systems. On the basis of end user, the market is classified into inpatient pharmacy units, outpatient pharmacy units, retail pharmacies, and pharmacy benefit management organizations and other mail-order settings. The inpatient market is further classified as acute care setting and long-term care setting; while the outpatient pharmacy automation market is segmented into fast-track clinics and hospital pharmacies.

The North American region was at the forefront of the global pharmacy automation systems market, followed by Europe, Asia-Pacific, and RoW. Factors such as the need for reduction of medication errors, healthcare cost containment, and the increasing demand for technologically advanced products are driving the market in North America. Whereas, the rising aging population coupled with the increase in demand for technologically advanced products by the healthcare organizations in the developing countries are expected to fuel the market in the Asian region.

Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=71522890 Some of the major players in the pharmacy automation market are Baxter International Inc. (U.S.), CareFusion Corporation (U.S.), Cerner Corporation (U.S.), Kirby Lester LLC (U.S.), McKesson Corporation (U.S.), Omnicell Inc. (U.S.), ScriptPro LLC (U.S.), Swisslog Holdings AG (Switzerland), and Talyst Inc. (U.S.).

About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact: Mr. Rohan North - Dominion Plaza, 17304, Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-600-6441+1-888-600-6441 Email: [email protected] Visit MarketsandMarkets Blog @http://mnmblog.org/market-research/healthcare/medical-devices Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarketsCallSend SMSAdd to SkypeYou'll need Skype CreditFree via Skype CONTACT: Rohan 8886006441 [email protected] .

(c) 2014 M2 COMMUNICATIONS

[ Back To TMCnet.com's Homepage ]