A computer-controlled system used for tracking, storing and dispensing medicine is known as an automated dispensing system or an automated drug cabinet which is essentially an electronic medicine store. It is one of the most recommended instruments for improving patient safety and efficiency. They are used in clinics, hospitals nursing homes in various departments, for instance, diagnostic labs, Accident and Emergency department (A&E), Critical Care Unit (CCU) and Intensive Care Unit (ICU). Automated dispensing systems has a fine balance of being user-friendly, secure, in managing inventory and medication control which are all considered as important and necessary features for an efficient medication distribution system and these are the features that boost the global market.
Automated Pharmacy Dispensing Systems Market Overview
Integration of artificial intelligence and robotics into dispensing systems led to the rapid evolution of the automated process. It improved the workflow of dispensing process and reduced the pharmacy errors at the point of use. Along with this, automated dispensing systems provide real-time data for better management of the dispensing process. It can dispense up to 30%-60% of prescriptions daily and increases operation efficiency, reduce dispensing costs, optimize drug inventory and enhance patient care. Recent advancement in technologies led to the development of centralization of medication dispensing and supports mail orders central filling programs. All with these, they offer unparalleled accuracy and quality to the dispensing process. All these features broaden the capabilities and led to the evolution of multiple modality systems. All these factors led to the burgeoning growth of the market during the forecast period.
Global market is dominated by developed economies like North America and Europe. North America accounts for a major share in the global market due to the high adoption of technologies in healthcare systems. It is followed by the Europe market due to the rapid integration of technologies. The Asia Pacific is a fast growing region due to increasing adoption during the forecast period. It is expected to witness a new player’s entry due to increasing opportunities. It is Latin America and Rest of World accounts a small fraction of the global market due to highly untapped market because of low adoption.
Automated Pharmacy Dispensing Systems market players include ScriptPro LLC, McKesson Corporation, Swisslog Holding Ltd., Omnicell, ARxIUM, Care Fusion Corporation, AmerisourceBergen Corporation, and others
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Automated Pharmacy Dispensing Systems Market Segmentation
By Systems
+ Centralized Automated Dispensing Systems
+ Decentralized Automated Dispensing Systems
By End User
+ Hospitals
+ Outpatient Centres
+ Clinics
+ Medical Institutes
By Region
+ North America
+ Latin America
+ Europe
+ Asia Pacific
+ Rest of the World
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Competitive Landscape:
● Tier 1 players- established companies in the market with a major market share
● Tier 2 players
● Emerging players which are growing rapidly
● New Entrants
FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global actinic keratosis treatment market by region, by treatment type, by end user, by disease type
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Middle East & Africa and Latin America
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies
Table of Contents
• Introduction
o Scope and Objective
o Assumptions and Acronyms
o Forecast Factors
o Research Methodology
• Executive Summary
o Industry Cluster Analysis
o Competition Matrix
o Strategies Recommendations
• Market Definition
o Report Scope (Inclusions & Exclusions)
o Market Segmentation
• Global Automated Pharmacy Dispensing Systems Market Overview
o Global Automated Pharmacy Dispensing Systems Market Revenue (USD Mn)
• Key Inclusions
o Porter’s Five Force analysis
o Market Dynamics
o Industry Trends
o Regulatory Guidelines
o Opportunities in Automated Pharmacy Dispensing Systems
• Competition Dynamics
o Company Share Analysis (2018)
o Top 10 Product Pricing by Region
• Global Automated Pharmacy Dispensing Systems Market Revenue (USD Mn), 2018-2026 by Systems
o Key Market Findings
o Long Term ROI Segments
o Revenue Opportunity Influencing Factors
o Market Revenue (USD Mn) Assessment and Forecast by Systems, 2018-2026
Centralized Automated Dispensing Systems
Decentralized Automated Dispensing Systems
• Global Automated Pharmacy Dispensing Systems Market Revenue (USD Mn), 2018-2026 by End User
o Key Market Findings
o Long Term ROI Segments
o Revenue Opportunity Influencing Factors
o Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Outpatient Centres
Clinics
Medical Institutes
• Global Automated Pharmacy Dispensing Systems Market Revenue (USD Mn), 2018-2026 by Region
o Key Market Findings
o Long Term ROI Segments
o Revenue Opportunity Influencing Factors
o Market Revenue (USD Mn) Assessment and Forecast by Region,2026
North America
Latin America
Europe
Asia Pacific
Rest of world
• North America Automated Pharmacy Dispensing Systems Market Revenue (US$ Mn), 2018-2026
o Key Market Findings
o Long Term ROI Segments
o Revenue Opportunity Influencing Factors
o Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
US
Canada
o Market Revenue (USD Mn) Assessment and Forecast by Systems, 2018-2026
Centralized Automated Dispensing Systems
Decentralized Automated Dispensing Systems
o Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Outpatient Centres
Clinics
Medical Institutes
• Latin America Automated Pharmacy Dispensing Systems Market Revenue (US$ Mn), 2018-2026
o Key Market Findings
o Long Term ROI Segments
o Revenue Opportunity Influencing Factors
o Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Brazil
Mexico
Argentina
Rest of Latin America
o Market Revenue (USD Mn) Assessment and Forecast by Systems, 2018-2026
Centralized Automated Dispensing Systems
Decentralized Automated Dispensing Systems
o Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Outpatient Centres
Clinics
Medical Institutes
• Europe America Automated Pharmacy Dispensing Systems Market Revenue (US$ Mn), 2018-2026
o Key Market Findings
o Long Term ROI Segments
o Revenue Opportunity Influencing Factors
o Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Germany
France
Spain
UK
Russia
Poland
Rest of Europe
o Market Revenue (USD Mn) Assessment and Forecast by Systems, 2018-2026
Centralized Automated Dispensing Systems
Decentralized Automated Dispensing Systems
o Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Outpatient Centres
Clinics
Medical Institutes
• Asia Pacific America Automated Pharmacy Dispensing Systems Market Revenue (US$ Mn), 2018-2026
o Key Market Findings
o Long Term ROI Segments
o Revenue Opportunity Influencing Factors
o Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Emerging Asia
• China
• India
• ASEAN-5
• Rest of Emerging Asia
Japan
o Market Revenue (USD Mn) Assessment and Forecast by Systems, 2018-2026
Centralized Automated Dispensing Systems
Decentralized Automated Dispensing Systems
o Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Outpatient Centres
Clinics
Medical Institutes
• Rest of World America Automated Pharmacy Dispensing Systems Market Revenue (US$ Mn), 2018-2026
o Key Market Findings
o Long Term ROI Segments
o Revenue Opportunity Influencing Factors
o Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Middle East
South Africa
North Africa
Rest of World
o Market Revenue (USD Mn) Assessment and Forecast by Systems, 2018-2026
Centralized Automated Dispensing Systems
Decentralized Automated Dispensing Systems
o Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Outpatient Centres
Clinics
Medical Institutes
• Company Profiles
o Competition Landscape
o Global Company Share (USD Mn) Overview, 2018
o Company Profiles
ScriptPro LLC
• Corporate Overview
• Financial Performance
• Peer Comparison & 3C marketing equation
• Company Strategy & Channel Management
McKesson Corporation
• Corporate Overview
• Financial Performance
• Peer Comparison & 3C marketing equation
• Company Strategy & Channel Management
Swisslog Holding Ltd.
• Corporate Overview
• Financial Performance
• Peer Comparison & 3C marketing equation
• Company Strategy & Channel Management
Omnicell
• Corporate Overview
• Financial Performance
• Peer Comparison & 3C marketing equation
• Company Strategy & Channel Management
ARxIUM
• Corporate Overview
• Financial Performance
• Peer Comparison & 3C marketing equation
• Company Strategy & Channel Management
Care Fusion Corporation
• Corporate Overview
• Financial Performance
• Peer Comparison & 3C marketing equation
• Company Strategy & Channel Management
AmerisourceBergen Corporation
• Corporate Overview
• Financial Performance
• Peer Comparison & 3C marketing equation
• Company Strategy & Channel Management
• Research Sources & Primary Verbatim
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