According to a new market research study of “South and Central America Automated Dispensing Systems Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Operation, Application and End User”
The South and Central America automated dispensing systems market was valued at US$57.06 million in 2019 and is projected to reach US$95.97 million by 2027; it is expected to grow at a CAGR of 6.8% during the forecast period.
The report highlights trends prevailing in the South and Central America Automated Dispensing Systems Market and the factors driving the market along with those that act as hindrances.
The South and Central America automated dispensing systems market, based on operation, is segmented into decentralized systems and centralized systems. The centralized systems segment held the larger share of the market in 2019. In the wake of the increasing incidence of deaths caused by medication errors, government bodies across the globe have started encouraging pharmacies and hospitals to implement advanced technologies for dispensing accurate dosage of medicines to treat medical conditions more effectively.
Hospitals are adopting advanced technologies such as automated dispensing systems to store, dispense, and track medicines in order to improve efficiency and patient safety. These systems enhance the efficiency of medication distribution and also minimize the medication errors in hospitals. As the majority of geriatric population suffers from various chronic diseases, there is increase in the demand for advanced medication.
South and Central America automated dispensing systems market is expected to grow owing to factors such as rise in awareness towards health and safety for reduction of medication errors, improving healthcare infrastructure and technological advancements during the forecast period. However, problems associated with automated dispensing systems such as excessive use of overrides in cabinets with patient profiling and placing wrong program input are likely to pose a negative impact on the market growth.
Cerner Corporation, Capsa Healthcare, OMNICELL INC., ARxIUM, and Accu-Chart Plus Healthcare Systems are among the leading companies operating in the South and Central America automated dispensing systems market.
The report segments South and Central America Automated Dispensing Systems Market as follows:
Market Segmentation
By Operation
By Application
By End User
By Country
Reasons to Buy
The South and Central America automated dispensing systems market was valued at US$57.06 million in 2019 and is projected to reach US$95.97 million by 2027; it is expected to grow at a CAGR of 6.8% during the forecast period.
The report highlights trends prevailing in the South and Central America Automated Dispensing Systems Market and the factors driving the market along with those that act as hindrances.
The South and Central America automated dispensing systems market, based on operation, is segmented into decentralized systems and centralized systems. The centralized systems segment held the larger share of the market in 2019. In the wake of the increasing incidence of deaths caused by medication errors, government bodies across the globe have started encouraging pharmacies and hospitals to implement advanced technologies for dispensing accurate dosage of medicines to treat medical conditions more effectively.
Hospitals are adopting advanced technologies such as automated dispensing systems to store, dispense, and track medicines in order to improve efficiency and patient safety. These systems enhance the efficiency of medication distribution and also minimize the medication errors in hospitals. As the majority of geriatric population suffers from various chronic diseases, there is increase in the demand for advanced medication.
South and Central America automated dispensing systems market is expected to grow owing to factors such as rise in awareness towards health and safety for reduction of medication errors, improving healthcare infrastructure and technological advancements during the forecast period. However, problems associated with automated dispensing systems such as excessive use of overrides in cabinets with patient profiling and placing wrong program input are likely to pose a negative impact on the market growth.
Cerner Corporation, Capsa Healthcare, OMNICELL INC., ARxIUM, and Accu-Chart Plus Healthcare Systems are among the leading companies operating in the South and Central America automated dispensing systems market.
The report segments South and Central America Automated Dispensing Systems Market as follows:
Market Segmentation
By Operation
- Decentralized Systems
- Centralized Systems
By Application
- Out-Patient Automated Dispensing
- In-Patient Automated Dispensing
By End User
- Retail Pharmacies
- Hospital Pharmacies
- Others
By Country
- Brazil
- Argentina
- Rest of the South and Central America
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America automated dispensing systems market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the South and Central America automated dispensing systems market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
1. Introduction
2. Automated Dispensing Systems Market - Key Takeaways3. Research Methodology
4. South and Central America Automated Dispensing Systems Market - Market Landscape
5. Automated Dispensing Systems Market - Key Market Dynamics
6. Automated Dispensing Systems Market- Regional Analysis
7. Automated Dispensing Systems Market Analysis - By Operation
8. Automated Dispensing Systems Market Analysis - By Application
9. Automated Dispensing Systems Market Analysis - By End User
10. Automated Dispensing Systems Market Analysis and Forecasts To 2027 - Geographical Analysis
11. Impact Of COVID-19 Pandemic on South and Central America Automated Dispensing Systems Market
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cerner Corporation
- Capsa Healthcare
- BD
- ARxIUM
- Accu-Chart Plus Healthcare Systems
