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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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