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North America Pharmacy Automation Devices Market By Product, By End Use, By Country, Industry Analysis and Forecast, 2020 - 2026

  • ID: 5305646
  • Report
  • February 2021
  • Region: North America
  • 72 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • ARxIUM, Inc.
  • Cerner Corporation
  • McKesson Corporation
  • Omnicell, Inc.
  • ScriptPro, LLC
The North America Pharmacy Automation Devices Market is expected to witness market growth of 11.5% CAGR during the forecast period (2020-2026).

The companies face a lot of external pressure to enhance transparency & install innovative technologies due to the complicated & unparalleled limitation of keeping up corporate compliance in a virtual world. Several automated solutions are offered due to the new technological developments in the pharmacy automation industry. These benefits include higher prescription processing, a decrease in medication errors & inventory discrepancies, and an overall reduction in pharmacy expenditure. In June 2020, Swisslog Healthcare introduced The Open Pharmacy platform in order to transform pharmacies into health hubs. Using these solutions, community pharmacies become capable of confronting various limitations and become flexible to new requirements and trends. These above-mentioned aspects are anticipated to increase the demand for these automation devices in the next few years.

The number of prescriptions has been increased due to the rising burden of chronic diseases & the growing geriatric population. As a result, the number of medication errors is expected to increase. This is fuelling the demand for pharmacy automation devices. In addition, the growth of the market is positively affected by a surge in initiatives by several companies, like the American Society of Health-System Pharmacists in order to decrease medication errors.

The end-users are helped by digitizing processes & enhancing workflow in the better management of costs & enhance efficiency across the range of care, bringing better outcomes & performance, and enabling them to redistribute time to focus on patient care. Automatic robotic delivery of prescribed medication & consulting to enhance pharmacy capability are some of the aspects included in this program. This, as a result, is expected to fuel the deployment of these solutions to streamline tasks by restricting non-essential human intervention, while complying with social distancing regulations.

Based on Product, the market is segmented into Medication Dispensing Systems, Packaging and Labeling Systems, Storage and Retrieval Systems, Automated Medication Compounding Systems, and Tabletop Tablet Counters. Based on End Use, the market is segmented into Retail Pharmacy and Hospital Pharmacy. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The US market dominated the North America Storage and Retrieval Systems Market by Country in 2019, thereby, achieving a market value of $590.1 million by 2026. The Canada market is experiencing a CAGR of 14.6% during (2020 - 2026). Additionally, The Mexico market is expected to witness a CAGR of 13.6% during (2020 - 2026).

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include McKesson Corporation, Baxter International, Inc., Becton, Dickinson and Company, ARxIUM, Inc., Omnicell, Inc., Kuka AG (Swisslog Healthcare), Cerner Corporation, Accu-Chart Plus Healthcare Systems, Inc., Pearson Medical Technologies, LLC, and ScriptPro, LLC.

Scope of the Study

Market Segments covered in the Report:

By Product
  • Medication Dispensing Systems
  • Packaging and Labeling Systems
  • Storage and Retrieval Systems
  • Automated Medication Compounding Systems
  • Tabletop Tablet Counters
By End Use
  • Retail Pharmacy
  • Hospital Pharmacy
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • McKesson Corporation
  • Baxter International, Inc.
  • Becton, Dickinson and Company
  • ARxIUM, Inc.
  • Omnicell, Inc.
  • Kuka AG (Swisslog Healthcare)
  • Cerner Corporation
  • Accu-Chart Plus Healthcare Systems, Inc.
  • Pearson Medical Technologies, LLC
  • ScriptPro, LLC
Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ARxIUM, Inc.
  • Cerner Corporation
  • McKesson Corporation
  • Omnicell, Inc.
  • ScriptPro, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Pharmacy Automation Devices Market, by Product
1.4.2 North America Pharmacy Automation Devices Market, by End Use
1.4.3 North America Pharmacy Automation Devices Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)

Chapter 4. North America Pharmacy Automation Devices Market by Product
4.1 North America Medication Dispensing Systems Market by Country
4.2 North America Packaging and Labeling Systems Market by Country
4.3 North America Storage and Retrieval Systems Market by Country
4.4 North America Automated Medication Compounding Systems Market by Country
4.5 North America Other Product Market by Country

Chapter 5. North America Pharmacy Automation Devices Market by End Use
5.1 North America Retail Pharmacy Market by Country
5.2 North America Hospital Pharmacy Market by Country

Chapter 6. North America Pharmacy Automation Devices Market by Country
6.1 US Pharmacy Automation Devices Market
6.1.1 US Pharmacy Automation Devices Market by Product
6.1.2 US Pharmacy Automation Devices Market by End Use
6.2 Canada Pharmacy Automation Devices Market
6.2.1 Canada Pharmacy Automation Devices Market by Product
6.2.2 Canada Pharmacy Automation Devices Market by End Use
6.3 Mexico Pharmacy Automation Devices Market
6.3.1 Mexico Pharmacy Automation Devices Market by Product
6.3.2 Mexico Pharmacy Automation Devices Market by End Use
6.4 Rest of North America Pharmacy Automation Devices Market
6.4.1 Rest of North America Pharmacy Automation Devices Market by Product
6.4.2 Rest of North America Pharmacy Automation Devices Market by End Use

Chapter 7. Company Profiles
7.1 McKesson Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.5.2 Product Launches and Product Expansions:
7.2 Baxter International, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.1 Recent strategies and developments:
7.2.1.1 Acquisition and Mergers:
7.3 Becton, Dickinson and Company
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.4 ARxIUM, Inc.
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.4.2.2 Product Launches and Product Expansions:
7.5 Omnicell, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Acquisition and Mergers:
7.5.5.3 Product Launches and Product Expansions:
7.6 Kuka AG (Swisslog Healthcare)
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Product Launches and Product Expansions:
7.6.2.3 Acquisition and Mergers:
7.7 Cerner Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 Accu-Chart Plus Healthcare Systems, Inc.
7.8.1 Company Overview
7.9 Pearson Medical Technologies, LLC
7.9.1 Company Overview
7.10. ScriptPro, LLC
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
Note: Product cover images may vary from those shown
  • McKesson Corporation
  • Baxter International, Inc.
  • Becton, Dickinson and Company
  • ARxIUM, Inc.
  • Omnicell, Inc.
  • Kuka AG (Swisslog Healthcare)
  • Cerner Corporation
  • Accu-Chart Plus Healthcare Systems, Inc.
  • Pearson Medical Technologies, LLC
  • ScriptPro, LLC
Note: Product cover images may vary from those shown

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