Pharmacy Automation Devices - Global Market Outlook (2017-2026)

Pharmacy Automation Devices - Global Market Outlook (2017-2026)

  • Published: June 2018
  • ID: SMRC17397

According to Stratistics MRC, the Global Pharmacy Automation Devices market is accounted for $3.41 billion in 2017 and is expected to reach $7.62 billion by 2026 growing at a CAGR of 9.3%. Factors influencing the market growth are growing demand for pharmaceutical products, increasing geriatric population and improvements in healthcare infrastructure in emerging nations. However, high maintenance cost and strict governmental regulations for the approval of pharmacy automation systems are hindering the growth of the market.

Pharmacy automation involves the mechanical process of handling and distributing medications. Pharmacy automation systems integrate the data, knowledge, and technology involved with the medication use process to improve outcomes.  The technology in pharmacy automation systems is safe and efficient for medication management. Some of the benefits are increased productivity, better patient care, elevated patient safety and reduced labor costs.

By product, decentralized automated dispensing system segment acquired significant share. Decentralized automated dispensing systems are drug storage devices or cabinets that electronically dispense medications in a controlled fashion and track medication use. The decentralized medication distribution systems improve efficiency, patient safety and avoid dispensing errors associated with the type and dosage. Amongst end user, retail pharmacies segment registered largest share during the forecast period. The growth of this segment can be attributed due to growing number of retail pharmacies and increasing workload on pharmacists.

Based on geography, North America is anticipated to lead the market due to increasing healthcare overheads, growing aging population and effective upgradation of the healthcare IT infrastructure in this region.

Some of the key players in the pharmacy automation Devices market include Tcgrx Pharmacy Workflow Solutions, Talyst LLC, Parata Systems LLC, Kuka Aktiengesellschaft, Baxter International Inc, Becton, Dickinson and Company, Rxsafe, LLC, Arxium, Inc., Scriptpro LLC, Capsa Healthcare, Cerner Corporation, Omnicell Inc, Baxter International Inc, AmerisourceBergen Corporation and CareFusion Corporation.  

Products Covered:
• Automated Storage and Retrieval Systems
• Automated Packaging and Labeling Systems
• Automated Medication Dispensing Systems
• Automated Table-Top Counters
• Other Products

End Users Covered:
• Outpatient Pharmacies
• Inpatient Pharmacies
• Pharmacy Benefit Management Organizations and Mail-Order Pharmacies
• Retail Pharmacies
• Other End users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary  
    
2 Preface   
 2.1 Abstract  
 2.2 Stake Holders 
 2.3 Research Scope 
 2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
 2.5 Research Sources 
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions
    
3 Market Trend Analysis 
 3.1 Introduction 
 3.2 Drivers  
 3.3 Restraints 
 3.4 Opportunities 
 3.5 Threats  
 3.6 Product Analysis 
 3.7 End User Analysis 
 3.8 Emerging Markets 
 3.9 Futuristic Market Scenario
    
4 Porters Five Force Analysis 
 4.1 Bargaining power of suppliers
 4.2 Bargaining power of buyers
 4.3 Threat of substitutes
 4.4 Threat of new entrants
 4.5 Competitive rivalry 
    
5 Global Pharmacy Automation Devices Market, By Product
 5.1 Introduction 
 5.2 Automated Storage and Retrieval Systems
 5.3 Automated Packaging and Labeling Systems
  5.3.1 Automated Multidose Packaging & Labeling Systems
  5.3.2 Automated Unit-Dose Packaging & Labeling Systems
 5.4 Automated Medication Dispensing Systems
  5.4.1 Decentralized Automated Dispensing Systems
   5.4.1.1 Ward-Based Automated Dispensing Systems
   5.4.1.2 Automated Unit-Dose Dispensing Systems
   5.4.1.3 Pharmacy-Based Automated Dispensing Systems
  5.4.2 Centralized Automated Dispensing Systems
   5.4.2.1 Carousels
   5.4.2.2 Robots/Robotic Automated Dispensing Systems
 5.5 Automated Table-Top Counters
  5.5.1 Automated Medication Compounding Systems
 5.6 Other Products 
    
6 Global Pharmacy Automation Devices Market, By End User
 6.1 Introduction 
 6.2 Outpatient Pharmacies 
  6.2.1 Hospital Retail Settings
  6.2.2 Outpatient/Fast-Track Clinics
 6.3 Inpatient Pharmacies 
  6.3.1 Long-Term Care Facilities
  6.3.2 Acute Care Settings
 6.4 Pharmacy Benefit Management Organizations and Mail-Order Pharmacies
 6.5 Retail Pharmacies  
 6.6 Other End users 
    
7 Global Pharmacy Automation Devices Market, By Geography
 7.1 Introduction 
 7.2 North America 
  7.2.1 US 
  7.2.2 Canada 
  7.2.3 Mexico 
 7.3 Europe  
  7.3.1 Germany 
  7.3.2 UK 
  7.3.3 Italy 
  7.3.4 France 
  7.3.5 Spain 
  7.3.6 Rest of Europe
 7.4 Asia Pacific 
  7.4.1 Japan 
  7.4.2 China 
  7.4.3 India 
  7.4.4 Australia 
  7.4.5 New Zealand
  7.4.6 South Korea
  7.4.7 Rest of Asia Pacific
 7.5 South America 
  7.5.1 Argentina
  7.5.2 Brazil 
  7.5.3 Chile 
  7.5.4 Rest of South America
 7.6 Middle East & Africa
  7.6.1 Saudi Arabia
  7.6.2 UAE 
  7.6.3 Qatar 
  7.6.4 South Africa
  7.6.5 Rest of Middle East & Africa
    
8 Key Developments  
 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
 8.2 Acquisitions & Mergers
 8.3 New Product Launch
 8.4 Expansions 
 8.5 Other Key Strategies
    
9 Company Profiling  

 9.1 Tcgrx Pharmacy Workflow Solutions
 9.2 Talyst, LLC  
 9.3 Parata Systems LLC  
 9.4 Kuka Aktiengesellschaft 
 9.5 Baxter International Inc. 
 9.6 Becton, Dickinson, and Company
 9.7 Rxsafe, LLC 
 9.8 Arxium, Inc.  
 9.9 Scriptpro LLC  
 9.10 Capsa Healthcare  
 9.11 Cerner Corporation  
 9.12 Omnicell, Inc.  
 9.13 Baxter International Inc.
 9.14 AmerisourceBergen Corporation
 9.15 CareFusion Corporation


 List of Tables    
1 Global Pharmacy Automation Devices Market Outlook, By Region(2016-2026) ($MN)
2 Global Pharmacy Automation Devices Market Outlook, By Product (2016-2026) ($MN)
3 Global Pharmacy Automation Devices Market Outlook, By Automated Storage and Retrieval Systems (2016-2026) ($MN)
4 Global Pharmacy Automation Devices Market Outlook, By Automated Packaging and Labeling Systems (2016-2026) ($MN)
5 Global Pharmacy Automation Devices Market Outlook, By Automated Multidose Packaging & Labeling Systems (2016-2026) ($MN)
6 Global Pharmacy Automation Devices Market Outlook, By Automated Unit-Dose Packaging & Labeling Systems (2016-2026) ($MN)
7 Global Pharmacy Automation Devices Market Outlook, By Automated Medication Dispensing Systems (2016-2026) ($MN)
8 Global Pharmacy Automation Devices Market Outlook, By Decentralized Automated Dispensing Systems (2016-2026) ($MN)
9 Global Pharmacy Automation Devices Market Outlook, By Centralized Automated Dispensing Systems (2016-2026) ($MN)
10 Global Pharmacy Automation Devices Market Outlook, By Automated Table-Top Counters (2016-2026) ($MN)
11 Global Pharmacy Automation Devices Market Outlook, By Automated Medication Compounding Systems (2016-2026) ($MN)
12 Global Pharmacy Automation Devices Market Outlook, By Other Products (2016-2026) ($MN)
13 Global Pharmacy Automation Devices Market Outlook, By End USer (2016-2026) ($MN)
14 Global Pharmacy Automation Devices Market Outlook, By Outpatient Pharmacies (2016-2026) ($MN)
15 Global Pharmacy Automation Devices Market Outlook, By Hospital Retail Settings (2016-2026) ($MN)
16 Global Pharmacy Automation Devices Market Outlook, By Outpatient/Fast-Track Clinics (2016-2026) ($MN)
17 Global Pharmacy Automation Devices Market Outlook, By Inpatient Pharmacies (2016-2026) ($MN)
18 Global Pharmacy Automation Devices Market Outlook, By Long-Term Care Facilities (2016-2026) ($MN)
19 Global Pharmacy Automation Devices Market Outlook, By Acute Care Settings (2016-2026) ($MN)
20 Global Pharmacy Automation Devices Market Outlook, By Pharmacy Benefit Management Organizations and Mail-Order Pharmacies (2016-2026) ($MN)
21 Global Pharmacy Automation Devices Market Outlook, By Retail Pharmacies (2016-2026) ($MN)
22 Global Pharmacy Automation Devices Market Outlook, By Other End Users (2016-2026) ($MN)
23 North America Pharmacy Automation Devices Market Outlook, By Country(2016-2026) ($MN)
24 North America Pharmacy Automation Devices Market Outlook, By Product (2016-2026) ($MN)
25 North America Pharmacy Automation Devices Market Outlook, By Automated Storage and Retrieval Systems (2016-2026) ($MN)
26 North America Pharmacy Automation Devices Market Outlook, By Automated Packaging and Labeling Systems (2016-2026) ($MN)
27 North America Pharmacy Automation Devices Market Outlook, By Automated Multidose Packaging & Labeling Systems (2016-2026) ($MN)
28 North America Pharmacy Automation Devices Market Outlook, By Automated Unit-Dose Packaging & Labeling Systems (2016-2026) ($MN)
29 North America Pharmacy Automation Devices Market Outlook, By Automated Medication Dispensing Systems (2016-2026) ($MN)
30 North America Pharmacy Automation Devices Market Outlook, By Decentralized Automated Dispensing Systems (2016-2026) ($MN)
31 North America Pharmacy Automation Devices Market Outlook, By Centralized Automated Dispensing Systems (2016-2026) ($MN)
32 North America Pharmacy Automation Devices Market Outlook, By Automated Table-Top Counters (2016-2026) ($MN)
33 North America Pharmacy Automation Devices Market Outlook, By Automated Medication Compounding Systems (2016-2026) ($MN)
34 North America Pharmacy Automation Devices Market Outlook, By Other Products (2016-2026) ($MN)
35 North America Pharmacy Automation Devices Market Outlook, By End USer (2016-2026) ($MN)
36 North America Pharmacy Automation Devices Market Outlook, By Outpatient Pharmacies (2016-2026) ($MN)
37 North America Pharmacy Automation Devices Market Outlook, By Hospital Retail Settings (2016-2026) ($MN)
38 North America Pharmacy Automation Devices Market Outlook, By Outpatient/Fast-Track Clinics (2016-2026) ($MN)
39 North America Pharmacy Automation Devices Market Outlook, By Inpatient Pharmacies (2016-2026) ($MN)
40 North America Pharmacy Automation Devices Market Outlook, By Long-Term Care Facilities (2016-2026) ($MN)
41 North America Pharmacy Automation Devices Market Outlook, By Acute Care Settings (2016-2026) ($MN)
42 North America Pharmacy Automation Devices Market Outlook, By Pharmacy Benefit Management Organizations and Mail-Order Pharmacies (2016-2026) ($MN)
43 North America Pharmacy Automation Devices Market Outlook, By Retail Pharmacies (2016-2026) ($MN)
44 North America Pharmacy Automation Devices Market Outlook, By Other End Users (2016-2026) ($MN)
45 Europe Pharmacy Automation Devices Market Outlook, By Country(2016-2026) ($MN)
46 Europe Pharmacy Automation Devices Market Outlook, By Product (2016-2026) ($MN)
47 Europe Pharmacy Automation Devices Market Outlook, By Automated Storage and Retrieval Systems (2016-2026) ($MN)
48 Europe Pharmacy Automation Devices Market Outlook, By Automated Packaging and Labeling Systems (2016-2026) ($MN)
49 Europe Pharmacy Automation Devices Market Outlook, By Automated Multidose Packaging & Labeling Systems (2016-2026) ($MN)
50 Europe Pharmacy Automation Devices Market Outlook, By Automated Unit-Dose Packaging & Labeling Systems (2016-2026) ($MN)
51 Europe Pharmacy Automation Devices Market Outlook, By Automated Medication Dispensing Systems (2016-2026) ($MN)
52 Europe Pharmacy Automation Devices Market Outlook, By Decentralized Automated Dispensing Systems (2016-2026) ($MN)
53 Europe Pharmacy Automation Devices Market Outlook, By Centralized Automated Dispensing Systems (2016-2026) ($MN)
54 Europe Pharmacy Automation Devices Market Outlook, By Automated Table-Top Counters (2016-2026) ($MN)
55 Europe Pharmacy Automation Devices Market Outlook, By Automated Medication Compounding Systems (2016-2026) ($MN)
56 Europe Pharmacy Automation Devices Market Outlook, By Other Products (2016-2026) ($MN)
57 Europe Pharmacy Automation Devices Market Outlook, By End USer (2016-2026) ($MN)
58 Europe Pharmacy Automation Devices Market Outlook, By Outpatient Pharmacies (2016-2026) ($MN)
59 Europe Pharmacy Automation Devices Market Outlook, By Hospital Retail Settings (2016-2026) ($MN)
60 Europe Pharmacy Automation Devices Market Outlook, By Outpatient/Fast-Track Clinics (2016-2026) ($MN)
61 Europe Pharmacy Automation Devices Market Outlook, By Inpatient Pharmacies (2016-2026) ($MN)
62 Europe Pharmacy Automation Devices Market Outlook, By Long-Term Care Facilities (2016-2026) ($MN)
63 Europe Pharmacy Automation Devices Market Outlook, By Acute Care Settings (2016-2026) ($MN)
64 Europe Pharmacy Automation Devices Market Outlook, By Pharmacy Benefit Management Organizations and Mail-Order Pharmacies (2016-2026) ($MN)
65 Europe Pharmacy Automation Devices Market Outlook, By Retail Pharmacies (2016-2026) ($MN)
66 Europe Pharmacy Automation Devices Market Outlook, By Other End Users (2016-2026) ($MN)
67 Asia Pacific Pharmacy Automation Devices Market Outlook, By Country(2016-2026) ($MN)
68 Asia Pacific Pharmacy Automation Devices Market Outlook, By Product (2016-2026) ($MN)
69 Asia Pacific Pharmacy Automation Devices Market Outlook, By Automated Storage and Retrieval Systems (2016-2026) ($MN)
70 Asia Pacific Pharmacy Automation Devices Market Outlook, By Automated Packaging and Labeling Systems (2016-2026) ($MN)
71 Asia Pacific Pharmacy Automation Devices Market Outlook, By Automated Multidose Packaging & Labeling Systems (2016-2026) ($MN)
72 Asia Pacific Pharmacy Automation Devices Market Outlook, By Automated Unit-Dose Packaging & Labeling Systems (2016-2026) ($MN)
73 Asia Pacific Pharmacy Automation Devices Market Outlook, By Automated Medication Dispensing Systems (2016-2026) ($MN)
74 Asia Pacific Pharmacy Automation Devices Market Outlook, By Decentralized Automated Dispensing Systems (2016-2026) ($MN)
75 Asia Pacific Pharmacy Automation Devices Market Outlook, By Centralized Automated Dispensing Systems (2016-2026) ($MN)
76 Asia Pacific Pharmacy Automation Devices Market Outlook, By Automated Table-Top Counters (2016-2026) ($MN)
77 Asia Pacific Pharmacy Automation Devices Market Outlook, By Automated Medication Compounding Systems (2016-2026) ($MN)
78 Asia Pacific Pharmacy Automation Devices Market Outlook, By Other Products (2016-2026) ($MN)
79 Asia Pacific Pharmacy Automation Devices Market Outlook, By End USer (2016-2026) ($MN)
80 Asia Pacific Pharmacy Automation Devices Market Outlook, By Outpatient Pharmacies (2016-2026) ($MN)
81 Asia Pacific Pharmacy Automation Devices Market Outlook, By Hospital Retail Settings (2016-2026) ($MN)
82 Asia Pacific Pharmacy Automation Devices Market Outlook, By Outpatient/Fast-Track Clinics (2016-2026) ($MN)
83 Asia Pacific Pharmacy Automation Devices Market Outlook, By Inpatient Pharmacies (2016-2026) ($MN)
84 Asia Pacific Pharmacy Automation Devices Market Outlook, By Long-Term Care Facilities (2016-2026) ($MN)
85 Asia Pacific Pharmacy Automation Devices Market Outlook, By Acute Care Settings (2016-2026) ($MN)
86 Asia Pacific Pharmacy Automation Devices Market Outlook, By Pharmacy Benefit Management Organizations and Mail-Order Pharmacies (2016-2026) ($MN)
87 Asia Pacific Pharmacy Automation Devices Market Outlook, By Retail Pharmacies (2016-2026) ($MN)
88 Asia Pacific Pharmacy Automation Devices Market Outlook, By Other End Users (2016-2026) ($MN)
89 South America Pharmacy Automation Devices Market Outlook, By Country(2016-2026) ($MN)
90 South America Pharmacy Automation Devices Market Outlook, By Product (2016-2026) ($MN)
91 South America Pharmacy Automation Devices Market Outlook, By Automated Storage and Retrieval Systems (2016-2026) ($MN)
92 South America Pharmacy Automation Devices Market Outlook, By Automated Packaging and Labeling Systems (2016-2026) ($MN)
93 South America Pharmacy Automation Devices Market Outlook, By Automated Multidose Packaging & Labeling Systems (2016-2026) ($MN)
94 South America Pharmacy Automation Devices Market Outlook, By Automated Unit-Dose Packaging & Labeling Systems (2016-2026) ($MN)
95 South America Pharmacy Automation Devices Market Outlook, By Automated Medication Dispensing Systems (2016-2026) ($MN)
96 South America Pharmacy Automation Devices Market Outlook, By Decentralized Automated Dispensing Systems (2016-2026) ($MN)
97 South America Pharmacy Automation Devices Market Outlook, By Centralized Automated Dispensing Systems (2016-2026) ($MN)
98 South America Pharmacy Automation Devices Market Outlook, By Automated Table-Top Counters (2016-2026) ($MN)
99 South America Pharmacy Automation Devices Market Outlook, By Automated Medication Compounding Systems (2016-2026) ($MN)
100 South America Pharmacy Automation Devices Market Outlook, By Other Products (2016-2026) ($MN)
101 South America Pharmacy Automation Devices Market Outlook, By End USer (2016-2026) ($MN)
102 South America Pharmacy Automation Devices Market Outlook, By Outpatient Pharmacies (2016-2026) ($MN)
103 South America Pharmacy Automation Devices Market Outlook, By Hospital Retail Settings (2016-2026) ($MN)
104 South America Pharmacy Automation Devices Market Outlook, By Outpatient/Fast-Track Clinics (2016-2026) ($MN)
105 South America Pharmacy Automation Devices Market Outlook, By Inpatient Pharmacies (2016-2026) ($MN)
106 South America Pharmacy Automation Devices Market Outlook, By Long-Term Care Facilities (2016-2026) ($MN)
107 South America Pharmacy Automation Devices Market Outlook, By Acute Care Settings (2016-2026) ($MN)
108 South America Pharmacy Automation Devices Market Outlook, By Pharmacy Benefit Management Organizations and Mail-Order Pharmacies (2016-2026) ($MN)
109 South America Pharmacy Automation Devices Market Outlook, By Retail Pharmacies (2016-2026) ($MN)
110 South America Pharmacy Automation Devices Market Outlook, By Other End Users (2016-2026) ($MN)
111 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Country(2016-2026) ($MN)
112 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Product (2016-2026) ($MN)
113 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Automated Storage and Retrieval Systems (2016-2026) ($MN)
114 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Automated Packaging and Labeling Systems (2016-2026) ($MN)
115 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Automated Multidose Packaging & Labeling Systems (2016-2026) ($MN)
116 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Automated Unit-Dose Packaging & Labeling Systems (2016-2026) ($MN)
117 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Automated Medication Dispensing Systems (2016-2026) ($MN)
118 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Decentralized Automated Dispensing Systems (2016-2026) ($MN)
119 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Centralized Automated Dispensing Systems (2016-2026) ($MN)
120 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Automated Table-Top Counters (2016-2026) ($MN)
121 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Automated Medication Compounding Systems (2016-2026) ($MN)
122 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Other Products (2016-2026) ($MN)
123 Middle East & Africa Pharmacy Automation Devices Market Outlook, By End USer (2016-2026) ($MN)
124 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Outpatient Pharmacies (2016-2026) ($MN)
125 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Hospital Retail Settings (2016-2026) ($MN)
126 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Outpatient/Fast-Track Clinics (2016-2026) ($MN)
127 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Inpatient Pharmacies (2016-2026) ($MN)
128 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Long-Term Care Facilities (2016-2026) ($MN)
129 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Acute Care Settings (2016-2026) ($MN)
130 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Pharmacy Benefit Management Organizations and Mail-Order Pharmacies (2016-2026) ($MN)
131 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Retail Pharmacies (2016-2026) ($MN)
132 Middle East & Africa Pharmacy Automation Devices Market Outlook, By Other End Users (2016-2026) ($MN)

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