Global Robotic Pharmacy Prescription Dispensing Systems Market 2017-2021

  • ID: 4070501
  • Report
  • Region: Global
  • 66 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Abacus
  • Amada
  • ARxIUM
  • BD
  • Omnicell
  • Parata Systems
  • MORE
Dispensing comprises processes from receiving a prescription to issuing the medicines. It is an essential process in patient care in healthcare facilities as all other processes prior to prescription dispensing will be redundant, if the medication has errors such as incorrect dosage or inappropriate packaging. As hospitals and retail pharmacies increase their investment in pharmacy automation solutions, the scope of products such as robotic pharmacy prescription dispensing systems will increase tremendously.

The analysts forecast the global robotic pharmacy prescription systems market to grow at a CAGR of 5.16% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global robotic pharmacy prescription systems market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of robotic pharmacy prescription systems.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Thoracic Surgery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BD
- Omnicell
- Parata Systems
- ScriptPro

Other prominent vendors
- Abacus
- Amada
- ARxIUM
- RoboPharma
- Willach

Market drivers
- Need for reduction in medication errors
- For a full, detailed list, view the full report

Market challenges
- Budget constraints with small-scale pharmacies
- For a full, detailed list, view the full report

Market trends
- Improvement in customer support services
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Abacus
  • Amada
  • ARxIUM
  • BD
  • Omnicell
  • Parata Systems
  • MORE
Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction
  • Key market highlights
Part 05: Market landscape
  • Pharmacy automation systems
  • Global robotics pharmacy prescription dispensing systems market
  • Five forces analysis
Part 06: Market segmentation by end-users
  • Global robotic pharmacy prescription dispensing systems market by end-users
  • Global robotic pharmacy prescription dispensing systems market by hospital pharmacies
  • Global robotic pharmacy prescription dispensing systems market by retail pharmacies
Part 07: Geographical segmentation
  • Global robotic pharmacy prescription dispensing systems market by geography
  • Robotic pharmacy prescription dispensing systems market in Americas
  • Robotic pharmacy prescription dispensing systems market in EMEA
  • Robotic pharmacy prescription dispensing systems market in APAC
Part 08: Market drivers
  • Need for reduction in medication errors
  • Miniaturization of sensors
  • Strategic collaborations and acquisitions
  • Government support
Part 09: Impact of drivers

Part 10: Market challenges
  • Budget constraints with small-scale pharmacies
  • Threat from alternatives
  • Possibilities of errors
Part 11: Impact of drivers and challenges

Part 12: Market trends
  • Improvement in customer support services
  • Promotion of e-prescriptions
  • Rise of closed-loop medication systems
Part 13: Vendor landscape
Competitive scenario
  • Other prominent vendors
  • Competition analysis
  • BD
  • Omnicell
  • Parata Systems
  • ScriptPro
Part 14: Key takeaways

Part 15: Appendix
  • List of abbreviation
Part 16: About the Author

List of Exhibits

Exhibit 01: Prescription dispensing process
Exhibit 02: Major pharmacy automation systems
Exhibit 03: Global pharmacy automation market 2016-2021 ($ millions)
Exhibit 04: Global robotics pharmacy prescription dispensing systems market 2016-2021 ($ billions)
Exhibit 05: Benefits of implementing robotics pharmacy prescription dispensing systems
Exhibit 06: Robotic pharmacy prescription dispensing systems: Value chain analysis
Exhibit 07: Drug distribution system in inpatient hospital pharmacies
Exhibit 08: Drug distribution system in outpatient hospital pharmacies
Exhibit 09: Five forces analysis
Exhibit 10: Global robotic pharmacy prescription dispensing systems market by end-users
Exhibit 11: Global robotic pharmacy prescription dispensing systems market by hospital pharmacies 2016-2020 ($ millions)
Exhibit 12: Segmentation of robotic pharmacy prescription dispensing systems in hospital pharmacies by application 2016 and 2021
Exhibit 13: Inpatient and outpatient dispensing
Exhibit 14: Global robotic pharmacy prescription dispensing systems market by retail pharmacies 2016-2020 ($ millions)
Exhibit 15: Global robotic pharmacy prescription dispensing systems market by geography 2016-2021
Exhibit 16: Robotic pharmacy prescription dispensing systems market in Americas 2016-2021 ($ millions)
Exhibit 17: Robotic pharmacy prescription dispensing systems market in EMEA 2016-2021 ($ millions)
Exhibit 18: Robotic pharmacy prescription dispensing systems market in APAC 2016-2021 ($ millions)
Exhibit 19: Average cost incurred by opting for manual prescription dispensing
Exhibit 20: Number of practicing pharmacists in major European countries 2013
Exhibit 21: Average cost of sensors 2015-2020 ($)
Exhibit 22: Major strategic collaborations and acquisitions in market
Exhibit 23: Impact of drivers
Exhibit 24: Impact of drivers and challenges
Exhibit 25: Elements of closed-loop medication system
Exhibit 26: Other prominent vendors
Exhibit 27: BD: Product offerings
Exhibit 28: Omnicell: Product offerings
Exhibit 29: Parata Systems: Product offerings
Exhibit 30: ScriptPro: Product offerings
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Abacus
  • Amada
  • ARxIUM
  • BD
  • Omnicell
  • Parata Systems
  • MORE
New Report Released: - Global Robotic Pharmacy Prescription Dispensing Systems Market 2017-2021

The author of the report recognizes the following companies as the key players in the global robotic pharmacy prescription dispensing systems market: BD, Omnicell, Parata Systems, and ScriptPro

Other Prominent Vendors in the market are: Abacus, Amada, ARxIUM, RoboPharma, and Willach

Commenting on the report, an analyst from the research team said: “Vendors are providing technicians with operational guidance and personalized technical support 24/7. In addition, with the support package, vendors are offering automated systems updated with the latest software and drug database for both new installation and leased systems. Therefore, vendors are offering maintenance and post-purchase services to end-users to retain their customer base and remain competitive in the market.”

According to the report, the automation of prescription dispensing is becoming increasingly essential because of the deficit in the quality staff in pharmacies. This has led to increased adoption of pharmacy automation systems to reduce dispensing errors, improvement in the dispensing process, optimization of space utilization in pharmacies, and delivery of more patient-centric services.

Further, the report states that the average price of a robotic pharmacy dispensing system is approximately $200,000. Hence, it is considered expensive, especially for the use in small pharmacies as they have budget constraints. In addition, the maintenance costs of these machines in terms of servicing and consulting services prior to the integration in the overall pharmacy automation system will add significantly to the overall expenditure. The expenditure involved in modifying the pharmacy’s layout to accommodate these systems is another source of cost for pharmacies that are willing to adopt the systems. Remodeling and relocation of fixtures and consultation are essential for pharmacies investing on larger systems with demand for high volumes of medication. This has led to a low penetration rate of these systems in developing and low-income countries.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • BD
  • Omnicell
  • Parata Systems
  • ScriptPro
  • Abacus
  • Amada
  • ARxIUM
  • RoboPharma
  • Willach
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll