Central Fill Pharmacy Automation Market | Business Overview Nazem Kadri Jersey Youth , Products and Services, Key Insights, Recent Developments by roberthenric · June 24, 2019
The Research Report on聽Central Fill Pharmacy Automation Market聽Consist 60 tables and 24 figures spread through 129 pages and in-depth TOC, which covers Global Market overview, Major Key Players detailed Analysis Nathan MacKinnon Jersey Youth , market opportunities, market risk, forecast for the next five years, major driving factors for the market as well as detailed analysis for CAGR, scope, research findings Joonas Donskoi Jersey Womens , leading key players marketing strategy to acquire major market in the form of revenue.
Also, the Research report covers key statistics for the upcoming forecast year. This Research Report is a big source for the guidance to business leaders, strategy heads.
The Central Fill Pharmacy Automation Market is projected to reach USD 826 million by 2027 from USD 381 million in 2019, at a CAGR of 16.7%.
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By-product and service, the equipment segment is expected to account for the largest share of the Central Fill Pharmacy Automation Market
The Central Fill Pharmacy Automation Market, by product and service Andre Burakovsky Jersey Womens , is segmented into equipment, services, and software. The equipment segment accounted for the largest market share in 2019. A number of automated systems are used in facilities offering the advantages of freeing up manpower, allowing greater throughput, and increasing the number of processed prescriptions. These facilities form an indispensable tool for central fill pharmacies to improve the prescription assembly, verification Matt Nieto Jersey Womens , and delivery back to the pharmacy. This contributes to the large share of the segment.
The equipment vendors are increasing with the increasing demand for automation systems
Based on vendor, the Central Fill Pharmacy Automation Market is segmented into equipment vendors and consulting vendors. The equipment vendors segment is estimated to account for the largest market share in 2019. This is mainly attributed to their broad product portfolio, vast geographic presence, strong technical expertise, and easy access to spare parts (resulting in reduced downtime).
North America is expected to dominate the Central Fill Pharmacy Automation Market during the forecast period
In 2019, North America dominated the Central Fill Pharmacy Automation Market Samuel Girard Jersey Womens , followed by Europe, and this trend is expected to continue during the forecast period. The rising focus on providing value-based care to patients, increase in specialty medication dispensing, growing number of medication errors, and the need for automated systems for improved compounding and dispensing are major factors that have resulted in the increased adoption of central fill pharmacy automation equipment and services in North America.
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ARxIUM, Inc. (US) J.T. Compher Jersey Womens , RxSafe, LLC (US), TCGRX Pharmacy Workflow Solutions (US), Omnicell, Inc. (US), ScriptPro (US) Philipp Grubauer Jersey Womens , Kuka AG (Germany), Innovation (US), RX Automation Solutions (US), Tension Packaging & Automation (US), McKesson Corporation (US), Cornerstone Automation Systems Matt Calvert Jersey Womens , LLC (CASI, US), and QMSI (US) are the key players operating in this market. Due to the intense competition in this market, major market players are increasingly focusing on expanding their geographic presence in the high-growth markets and strengthening their competitiveness by launching various technologically advanced products.
McKesson Corporation聽is the leading player in the Central Fill Pharmacy Automation Market, offering products such as drug dispensing systems along with pharmacy management software solutions in this market. McKesson鈥檚 high-volume solutions offer better operational efficiency to healthcare facilities and also allow the company to customize solutions as per the requirement of different healthcare facilities. The company offers a wide range of services for centralized facilities such as consulting, setting up Patrick Roy Jersey Womens , and integrating services, among others.
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