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Regional Growth Engines For Pharmacy Automation Market

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Pharmacy automation is a mechanical process where handling and distribution of medications takes place in hospital pharmacy or at retail pharmacy.
Pharmacy Automation Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION
Pharmacy Automation Market – Overview
The global pharmacy automation market size was valued at US$ 3,601.4 million in 2017, and is expected
to exhibit a CAGR of 8.1% over the forecast period (2018 – 2026).
Pharmacy automation play a major role in today’s modern healthcare system, as pharmacy automation
reduce error that can be happen during manual process such as missing drug information, missing patient
information, dispensing the formulation, prescription error, monitoring therapy and others. Wrong label
information and instructions are one of the most common types of errors. According to the National
Coordinating Council for Medication Error Reporting and Prevention (NCC MERP), approximately 100
million people die annually from medical errors that occur in hospitals. It is necessary to reduce medication
error in order to improve healthcare facilities and services and to ensure the patient safety, therefore used of
pharmacy automation system in very important in order to minimize error related to storage, medication,
usage and retrieval dispensing.
REPORT DESCRIPTION
Pharmacy Automation Market – Dynamics
Increasing need to reduce medication errors and development of automated systems with improved features
is a major factor driving pharmacy automation market growth. According to the National Coordinating
Council for Medication Error Reporting and Prevention (NCC MERP), approximately 0.1 million
approximately people die annually from medical errors that occur in hospitals.
Similarly, according to the Institute of Medicine survey in 2014, due to medication errors 1 out of 131
outpatient and 1 out of 854 inpatient deaths each year’s globally. Furthermore, according World Health
Organization (WHO) studies in 2016, in United Kingdom, 12% of primary care patient affected by
monitoring or prescribing error of medicine over the course of a year and its increases to 31% in older
patient who is 75 year and older who is receiving more than 5 drug during 12 months period.
Moreover, error of injectable products primary concern is the risk of infectious disease transmission.
According to WHO in 2008 unsafe medical injections led to 340,000 hum
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REPORT DESCRIPTION
Pharmacy Automation Market – Key Players
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Becton
Dickinson and Company
McKesson Corporation
Yuyama Co., Ltd.
Omnicell, Inc.
ScriptPro LLC
Cerner Corporation
Capsa Healthcare
Baxter International
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Author
sujit Pawar
sujit Pawar76   documents Email
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automation, pharmacy automation growth
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