The "Pharmacy Automation Systems Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report on global pharmacy automation systems market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global pharmacy automation systems market to grow with a CAGR of 6.5% over the forecast period of 2018-2024.
The report on pharmacy automation systems market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global pharmacy automation systems market over the period of 2016 to 2024.
The study on pharmacy automation systems market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Use of pharmacy automation system helps in improving efficiency and productivity of the pharmacy is a primary driver for the pharmacy automation system market growth. Beside this, reduce medication errors, rush in pharmacy centers, reduce inventory and space saving design of the machine are also some of the factors leading to increase demand for pharmacy automation systems.
However, high cost of implementation of automation system to hinder the market growth. Continually developing new solutions to aid pharmacies in increasing throughput can create more opportunities in near future.
North America held the largest market share in 2017 and is expected to dominate throughout the forecast period. Meanwhile Europe is the second largest market for pharmacy automation system. In North America, heavy investment is been done in pharmacy automation in order to minimize the medication errors.
This investment was done in pharmacy automation as it was found that error in medication prescription dispensing was a leading cause of death in North America after cancer, heart attack and stroke. Asia pacific is expected to grow at the highest CAGR on account of rising awareness and investment in healthcare infrastructure.
For more information about this report visit https://www.researchandmarkets.com/research/wbc88t/global_pharmacy?w=4
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