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Pharmacy Automation Devices Market | Exclusive Report on the Latest Technological Developments in the Market


Published: Mar 08, 2021
Technological advancements have touched the shores of almost all sectors around the world. The healthcare sector is one of them. The use of modern technologies and the rising demand for assuring seamless treatment to the patients will serve as prominent growth accelerators for the pharmacy automation devices market across the assessment period of 2020-2030. An increase in the geriatric population is also a vital growth contributor to the pharmacy automation devices market.
These devices are largely used in hospital pharmacies and retail pharmacies. On the basis of product, the pharmacy automation devices market can be segmented into automated medication compounding systems, medication dispensing systems, packaging and labeling systems, storage and retrieval systems, and tabletop tablet counters. ....

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Pharmacy Automation Devices Market Size Worth $9.5 Billion By 2028: Grand View Research, Inc.


Pharmacy Automation Devices Market Size Worth $9.5 Billion By 2028: Grand View Research, Inc.
SAN FRANCISCO, Feb. 16, 2021 /PRNewswire/ The global pharmacy automation devices market size is expected to reach
USD 9.5 billion by 2028, according to a new report by Grand View Research, Inc. It is expected
to expand at a
CAGR of 9.3% from 2021 to 2028. The increasing burden of chronic diseases and the growing geriatric population are leading to an increase in the number of prescriptions. This, in turn, is resulting in a rise in the number of medication errors. For instance, 237.4 million medication errors occurred in England in 2018, according to the article published in The Pharmaceutical Journal. This is driving the demand for pharmacy automation devices. Moreover, an increase in initiatives by various organizations, such as the American Society of Health-System Pharmacists, to reduce medication errors is positively impacting the market growth. ....

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