Europe Pharmacy Automation Market by Application, Technology, Type, CAGR and Key Players
The Europe pharmacy automation market is supportive and aims to reduce medication
dispensing errors and improve patient safety. Data Bridge Market Research
analyzes that the Europe pharmacy automation market will grow at a CAGR of 9.6%
during the forecast period of 2023 to 2030.
Key Pointers Covered
in Europe Pharmacy Automation Market Industry Trends and Forecast to 2030
·
Market
Size
·
Market
New Sales Volumes
·
Market
Replacement Sales Volumes
·
Market
Installed Base
·
Market
By Brands
·
Market
Procedure Volumes
·
Market
Product Price Analysis
·
Market
Regulatory Framework and Changes
·
Market
Shares in Different Regions
·
Recent
Developments for Market Competitors
·
Market
Upcoming Applications
·
Market
Innovators Study
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Benefits of
Considering this Report:
·
This
report is compiled using a vigorous and thorough research methodology. Data
Bridge Market Research is also known for its data accuracy and granular market
reports.
·
A
complete picture of the competitive scenario of Europe Pharmacy Automation
Market is depicted by this report.
·
The
report consists of a vast amount of data about the recent product and
technological developments in the markets.
·
The
insights in the report are easy to understand and include a graphical
representation of the numbers in the form of histograms, bar graphs, pie
charts, etc.
Europe Pharmacy
Automation Market Scope and Market Size
The Europe pharmacy automation market is segmented into six
notable segments based on product, pharmacy type, pharmacy size, application,
end user, and distribution channel.
PRODUCT
·
SYSTEMS
·
SOFTWARE
·
SERVICES
On the basis of product, the market is segmented into
systems, software, and services.
PHARMACY TYPE
·
INDEPENDENT
·
CHAIN
·
FEDERAL
On the basis of pharmacy type, the market is segmented into
independent, chain, and federal.
PHARMACY SIZE
·
LARGE SIZE PHARMACY
·
MEDIUM SIZE PHARMACY
·
SMALL SIZE PHARMACY
On the basis of pharmacy size, the market is segmented into
large size pharmacy, medium size pharmacy, and small size pharmacy.
APPLICATION
·
DRUG DISPENSING AND PACKAGING
·
DRUG STORAGE
·
INVENTORY MANAGEMENT
On the basis of application, the market is segmented into
drug dispensing and packaging, drug storage, and inventory management.
END USER
·
INPATIENT PHARMACIES
·
OUTPATIENT PHARMACIES
·
RETAIL PHARMACIES
·
ONLINE PHARMACIES
·
CENTRAL FILL/MAIL ORDER PHARMACIES
·
PHARMACY BENEFIT MANAGEMENT ORGANIZATIONS
·
OTHERS
On the basis of end user, the market is segmented into
inpatient pharmacies, outpatient pharmacies, retail pharmacies, online
pharmacies, central fill/mail order pharmacies, pharmacy benefit management
organizations, and others.
DISTRIBUTION CHANNEL
·
DIRECT TENDER
·
THIRD PARTY DISTRIBUTOR
On the basis of distribution channel, the market is
segmented into direct tender and third party distributor.
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Some of the key questions answered in this
report:
·
How has the Europe Pharmacy Automation Market
performed so far and how will it perform in the coming years?
·
What are the key regional markets?
·
What is the breakup of the market based on the
procedure?
·
What is the breakup of the market based on the
injury location?
·
What is the breakup of the market based on the
end user?
·
What are the various stages in the value chain
of the industry?
·
What are the key driving factors and challenges
in the industry?
·
What is the structure of the Europe Pharmacy
Automation Market and who are the key players?
·
What is the degree of competition in the
industry?
Market Analysis and
Insights: Europe Pharmacy Automation Market
·
Pharmacy
automation plays a significant role in modern healthcare as it allows medicine
to be conveniently delivered and distributed in the hospital pharmacy or retail
pharmacy. Automation of the pharmacy helps to reduce the error in the
medication. It prevents errors such as missing medication information, missing
patient information, dispensing formulations, prescription errors, tracking
therapy, and others that can occur during the manual process. One of the most
common types of errors is incorrect labeling information and instructions. To
improve healthcare facilities and services and to ensure patient safety, it is
vital to reduce prescription error, which is why the pharmacy automation system
is used in quite important ways to eliminate storage, inventory, usage, and
retrieval error. The use of pharmacy automation is highly acceptable and
beneficial in increasing the efficiency and accuracy of pharmacies.
Furthermore, the need for preventing medication errors and the rising geriatric
population across the globe are likely to boost the market growth in the
forecast period.
·
In addition, the
implementation of technological innovations and the advancement of automated
systems with improved pharmacy automation systems lead to higher success rates
and new applications of devices with higher demand for innovative products for
prescription medicines for compounding, dispensing, storing, and labeling are
driving the market growth over the forecast period. However, it is anticipated
that factors such as reluctance in implementing pharmacy automation systems due
to their high cost would restrict their adoption, which is expected to restrain
the market growth.
·
The rising
incidence of accidents and deaths due to medical drug errors puts tremendous
pressure on the general healthcare sector. Both healthcare professionals and
pharmacists are searching for more effective and accurate solutions to avoid
such frequent medical malfunctions. In addition, with the increasing number of
patients, visitors, and their respective safety needs, the drug delivery system
becomes more complicated each passing day. In order to tackle this serious
issue, advanced technologies such as pharmacy automation systems are now
emerging as the most powerful tools. The goal of these instruments is to reduce
medical prescription errors and maximize patient safety. Therefore,
implementing such pharmacy automation systems helps healthcare service
providers and pharmacists minimize their losses and improve quality and
productivity.
Europe Pharmacy
Automation Market Country Level Analysis
Germany, France, U.K.,
Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, [Rest of
Europe]
Europe Pharmacy
Automation Market Share Analysis
The Europe pharmacy
automation market competitive landscape provides details of competitors.
Details included are company overview, company financials, revenue generated,
market potential, investment in R&D, new market initiatives, Europe
presence, production sites and facilities, production capacities, company
strengths and weaknesses, product launch, product width and breadth, and
application dominance. The above data points provided are only related to the
companies' focus on the market.
Key player Europe
Pharmacy Automation Market
Some of the major market
players operating in the Europe pharmacy automation market are, Willach Group,
McKesson Corporation, OMNICELL, INC., Cerner Corporation, Capsa Healthcare,
ScriptPro LLC, RxSafe, LLC., MedAvail Technologies, Inc., Asteres Inc.,
InterLink AI, Inc., BD, Baxter, Fullscript, Innovation Associates,
AmerisourceBergen Corporation.
MAJOR TOC OF THE REPORT
·
Chapter
One: Introduction
·
Chapter
Two: Market Segmentation
·
Chapter
Three: Market Overview
·
Chapter
Four: Executive Summary
·
Chapter
Five: Premium Insights
·
Chapter
Six: Europe Pharmacy Automation Market Share by Product & Procedure type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=europe-pharmacy-automation-market
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