Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The pharmacy automation systems are used for the inpatient, patient and the outpatient’s pharmacies to improve the daily task of a pharmacist by process automation like handling and distribution of medicines and the compounding medications, updating and tracking the medication patient information in database and inventory management. The automated systems also count the medications more precisely and quickly. The task is completed within the fractions of the seconds which reduces the labour cost. The pharmaceutical industry has applied this automation technique several years ago as it maintains the work flow. Beside from the counting of the tablets the systems also maintain the right doses of tablets while dispensing. The use of the automated techniques in pharmacies has the low chances of errors and delivery of the right medicines at the right time.
The pharmacy automation market has been seeing the ample growth in the United States as number of incidence regarding medication errors is rising, also factors such as increase in the adoption and the growing demands from the healthcare sector, technological advancements in the pharmacies are expected to improve the market growth. However, the market is slowing down due to the lack of knowledge required for the systems operations in the rural areas also the installation and maintenance cost of the systems is high. The U.S. is implementing automated systems in their pharmacies for reduction in the medication errors. As there is death of the 100 million peoples per year due to the medication error as per the report submitted by the National Coordinating council for medication error reporting and prevention (NCC MERP).
The exclusive COVID-19 impact analysis report by axiom MRC provides a 3600 analysis of micro and macro-economic factors on the pharmacy automation market. In addition, complete analysis of changes on pharmacy automation expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on US economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The market could not get hampered by the COVID-19 pandemic as it comes under the essential services. Due to covid-19 pandemic the market has the positive impact as it reduced the contact of the healthcare workers and the patients.
The United States pharmacy automation market is segmented as per the product type, and end users.
As the growth of the pharmacy automation market is seen from the in U.S. The market is segmented by product like automated medication dispensing systems, automated storage & retrieval systems, automated packaging & labelling systems, tabletop tablets, and automated compounding devices. The automated medication dispensing is also sub segmented as the centralised and the decentralised. They are also sub-segmented as the centralised is robots and carousels and the decentralised into the pharmacy-based automation, ward-based automation and automated multi dose dispensing systems. The automated packaging and labelling systems are also subcategorised into the automated unit dose and multi dose systems. In the united states the implementation of the automated dispensing machines has the higher rate as the majority of the errors are seen during the dispensing of the medicines and so to reduce the errors during the dispensing the medicines there is high surge for the automation systems installations and uses and due to that the dispensing systems are experiencing the higher growth.
The growth of the pharmacy automation is experienced by the end users like inpatient pharmacies, outpatient’s pharmacies, and retail pharmacies and other. In United States the implementation of automation systems in the inpatients and outpatient’s pharmacies are increasing as there is high flow of the patients and need to reduce the medication errors in the dispensing. For instance, in 2017, the Omnicell launched the Omnicell VBM 200F. It is used for filling and checking of multiple medications blisters cards. Due to that they are in the high demand in the market.
The major key player like are Accu-Chart Plus Healthcare System, Inc., Alixarx,Arxium Inc., Avery Weigh-Tronix,Baxter International,Becton, Dickinson And Company,Capsa Healthcare, Cerner Corporation, Kuka Aktiengesellschaft, Mckesson Corporation, Newicon,Omnicell Inc., Parata Systems, Pearson Medical Technologies, Rxmedic Systems, Inc., Rxsafe Llc,Scriptpro Llc,S wisslog Holding Ag, Talyst Llc., Tcgrx Pharmacy Workflow Solutions, Teleflex Incorporated, and Yuyama Co. Ltd among others.
The study analyses the various segments of the United States pharmacy automation markets segments like product type and end users. The product type is leaded by the automated medication dispensing system segment and the end users are mostly the retail pharmacies as they are having the maximum chances of the mis-dispensing of the drugs. In the united states there is implementation of the automations in the inpatients and the outpatient’s pharmacy as there is also has the high flow of the patient’s and has the higher rate of errors in the dispensing of the medicines. The study also analysed the major key players and the covid-19 impact on the pharmacy automation market in the US. The study analysed that the covid-19 has the positive impact on the pharmacy automation field across the United States.
Why to buy this report
