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Global Pharmacy Automation Market is estimated to grow at a decent rate of 8.5% by 2026
Rapid decentralization of pharmacies, rising demand to minimize medication errors, increased demand for faster prescription processing and technological advancements for improving pharmacy workflow are driving the global pharmacy automation market.
Advent of Automation Technologies Drives the Pharmacy Automation Market Growth
Recent advancements in digital technologies has enabled pharmacies to handle high prescription loads safely and efficiently. When pharmacy automation became popular, pill counting was the only techniques available in the pharmacy market. Nowadays, there are various accessible automation machines available, some of them include, automated medication dispensing systems, automated storage and retrieval systems, automated packaging and labeling systems, table-top tablet counters, and automated compounding devices.
Switch towards Pharmacy Automation System Over Manual Methods
In the pharmacy system, multiple processes such as tablet counting, IV dosage fillings, medicine dispensing, etc. were used to be done manually. The manual method used many workers, extra time in completion of the work, errors were common in these processes. But as the advantages offered by pharmacy automation in increased, even traditionalist pharmacies have started to make the switch towards automation. Automation increases the pharmacy's efficiency while reducing its error rate. Also, the medical costs associated with automation continue to decrease and more pharmacies are realizing that they can't afford to put off automation.
Geographic Overview: North America to Continue its Dominance in the Pharmacy Automation Market
From a geographical perspective, North America holds the largest share of the pharmacy automation market. Adoption of new automation technologies in hospitals and pharmacies, surge in the need to reduce prescription & dispensing errors, the need for improving efficiency and management of workflow in pharmacy and growing number of hospitals and healthcare laboratories in this regions are expected to drive the pharmacy automation market growth.
Competitive Landscape Analysis: Pharmacy Automation Market
The leading and emerging players operating in the global pharmacy automation market are Becton Dickinson and Company, Omnicell Inc., KUKA AG, Baxter International Inc., Capsa Healthcare, among others.
Explore Detailed Insights on Global Pharmacy Automation Market @ https://meditechinsights.com/