Central Fill Pharmacy Automation Market – Global Opportunities & Forecast, 2020-2027
Central Fill Pharmacy Automation Market
The Central
Fill Pharmacy Automation Market is projected to witness a healthy growth of
11.5% during the forecast period. The increasing adoption of central fill
pharmacies is attributed to the rising cases of cancer, reduction of labour
costs, and surging demand for specialty drugs.
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Automation Market
Central Fill Pharmacy Automation Market Dynamics
Central fill pharmacy automation offers enormous benefits
such as better functional efficiency, increases profits, and reduces costs. The
increasing demand for speciality drugs among the central fill pharmacies is one
of the major factors contributing the growth of the central fill pharmacy
automation market. The rising cases of cancer, immunological problems, and
unintentional injuries. According to the World Health Organization, cancer
accounts to be the biggest reason for deaths around the world by resulting in
10 million deaths every year, totalling to 1 in 6 deaths due to cancer. The growing divulgence of medication errors
has raised the public concerns towards safety, thus fuelling the central fill pharmacy automation market
size.
Further, the growing incidences of accidental injuries in
the ageing population will indirectly fuel the market growth. As per the WHO,
nearly 1.35 million individuals die every year because of road traffic. Thus,
this factor will indirectly surge the central fill pharmacy automation market
growth.
However, as per the Central Fill
Pharmacy Automation market analysis, the huge capital investment needed
for automation of the central fill pharmacy will restrain the market growth.
Market
Segmentation
Central
Fill Pharmacy Automation Market by Products & Services
·
Equipment
o
Automated Medication Dispensing Systems
o
Automated Packaging and Labeling Systems
o
Automated Medication Compounding Systems
o
Others
·
Services
Central
Fill Pharmacy Automation Market by Region:
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
North America
o
United States of America
o
Canada
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
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