The pharmacy automation market is expected to see a significant growth throughout the forecast period 2015 – 2022. The pharmacy automation industry includes integration of intelligent software and industry scale machinery to improve the efficiency of retail as well as hospital pharmacies. The demand for pharmacy automation solutions is growing steadily with rising pressure to reduce medication errors and ... Read more
Pharmacy automation is a mechanical based process that includes handling and distribution of medications in hospitals and pharmacies. It completes the tasks involving counting of objects and instruments such as medicines and syringes. It can maintain other information of patients including tracking and updating information. Owing to these features, many of hospitals and pharmacies have adopted the system. High adoption of ... Read more
The overall pharmacy automation market is estimated to grow at a CAGR of 8.2% from 2017 to 2022 to reach USD 5.38 Billion by 2022.
Market growth can be attributed to the growing need to minimize medication errors, rapid decentralization of pharmacies, rising geriatric population and rising labor cost. On the other hand, reluctance among the healthcare organizations to adopt ... Read more
Pharmacy automation is a process where handling and distribution of medications takes place in hospital pharmacy or at retail pharmacy by means of automation. Pharmacy automation includes any pharmacy task that involves counting of small objects such as tablets or capsules, measuring and mixing of powders and liquids for compounding, tracking and updating customer information in databases such as personally identifiable information (PPI), drug interaction risk detection, medical history and ... Read more
The global Pharmacy Automation Market is estimated to be valued at US$ 3,601.4 million in 2017 and is expected to reach US$ million by 2022, growing at a CAGR of 8.1% during the forecast period (2018-2026). This report by Coherent Market Insights provides an in-depth analysis of the market dynamics, including drivers, restraints, trends, and opportunities.
Pharmacy automation refers to the use of technology to streamline medication dispensing, inventory management, and other pharmacy processes. It offers several advantages, including improved accuracy, increased efficiency, reduced medication errors, and enhanced patient safety. With the rising need for efficient medication management systems and the increasing prevalence of chronic diseases, the demand for pharmacy automation solutions is expected to witness ... Read more
