NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028

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As per CRI’s research report, the pharmacy automation equipment market in North America is predicted to display a compound annual growth rate of 7.34% in the years 2022-2028.

SKU: TR-497-2021 Category: Tag:

Description

MARKET OUTLOOK

As per CRI’s research report, the pharmacy automation equipment market in North America is predicted to display a compound annual growth rate of 7.34% in the years 2022-2028. The United States and Canada form the market in this region.
The Canadian market is well-established, comprising the global and local players competing intensely. Moreover, the country has a better healthcare infrastructure offering high-quality services. Some of the factors driving the studied market’s growth include increasing demand for specialty drug prescription filing solutions, growing need to reduce medication errors, and decentralization of pharmacies. In this regard, an automated medication system helps reduce these issues, ensuring patient safety. Hence, as mentioned above, all these factors are anticipated to widen the scope and growth of the pharmacy automation equipment market.
Similarly, the US FDA receives a large number of reports relating to medication errors each year. As per a study, approximately 7000 to 9000 people succumb to death due to medication errors every year. Hence, the regulation for safe handling enables market players to offer devices as per regulatory guidelines to reduce medication errors. This has resulted in several launches in the market. For instance, Capsa Healthcare develops medication carts, computers carts, and prescription table counters used in various healthcare settings, including surgery centers, senior care, and hospitals. Therefore, these factors are expected to augment the pharmacy automation equipment market’s growth in the United States.

COMPETITIVE OUTLOOK

The prominent companies in the pharmacy automation equipment market are Scriptpro LLC, Cerner Corporation, Becton Dickinson and Company, Capsa Healthcare LLC, Newicon Oy, Baxter International Inc, Parata Systems LLC, and Alixarx.

TABLE OF CONTENTS

1. NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON PHARMACY AUTOMATION EQUIPMENT MARKET
2.2. KEY INSIGHTS
2.3. PORTER’S FIVE FORCES MODEL
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTE PRODUCTS
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. KEY STRATEGIC DEVELOPMENTS
2.6.1. CONTRACTS AND PARTNERSHIPS
2.6.2. BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
2.6.3. ACQUISITIONS & MERGERS
2.6.4. NEW PRODUCT LAUNCHES & DEVELOPMENTS
2.7. MARKET DRIVERS
2.7.1. GROWING PREFERENCE FOR DECENTRALIZED PHARMACY SERVICES
2.7.2. PHARMACY AUTOMATION RATIONALIZING PHARMACY OPERATIONS
2.8. MARKET CHALLENGES
2.8.1. LACK OF FINANCIAL SUPPORT AND RELUCTANCE IN ADOPTING PHARMACY AUTOMATION SYSTEMS
2.8.2. COMPLEXITY IN OPERATING AUTOMATED DISPENSING SYSTEMS
2.9. MARKET OPPORTUNITIES
2.9.1. SURGING DEMAND FOR SPECIALTY DRUGS
2.9.2. TECHNOLOGICAL ADVANCEMENTS
3. NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET – BY TECHNOLOGY
3.1. AUTOMATED MEDICATION DISPENSING SYSTEM
3.2. AUTOMATED PACKAGING AND LABELING SYSTEM
3.3. AUTOMATED TABLE-TOP COUNTER
3.4. AUTOMATED STORAGE AND RETRIEVAL SYSTEM
3.5. OTHER TECHNOLOGIES
4. NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET – BY INDUSTRY VERTICALS
4.1. RETAIL PHARMACY
4.2. HOSPITAL PHARMACY
4.3. OTHER INDUSTRY VERTICALS
5. NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET – COUNTRY OUTLOOK
5.1. UNITED STATES
5.2. CANADA
6. COMPANY PROFILE
6.1. AMERISOURCEBERGEN
6.2. ACCU-CHART PLUS HEALTHCARE SYSTEM INC
6.3. ARXIUM INC
6.4. ALIXARX
6.5. AVERY WEIGH TRONIX
6.6. BAXTER INTERNATIONAL INC
6.7. BECTON DICKINSON AND COMPANY
6.8. CAPSA HEALTHCARE LLC
6.9. CERNER CORPORATION
6.10. MCKESSON CORPORATION
6.11. NEWICON OY
6.12. OMNICELL INC
6.13. PEARSON MEDICAL TECHNOLOGIES
6.14. PERCEPTIMED INC
6.15. PARATA SYSTEMS LLC
6.16. SCRIPTPRO LLC
6.17. SWISSLOG HOLDINGS AG
7. RESEARCH METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.1.1. OBJECTIVES OF STUDY
7.1.2. SCOPE OF STUDY
7.2. SOURCES OF DATA
7.2.1. PRIMARY DATA SOURCES
7.2.2. SECONDARY DATA SOURCES
7.3. RESEARCH METHODOLOGY
7.3.1. EVALUATION OF PROPOSED MARKET
7.3.2. IDENTIFICATION OF DATA SOURCES
7.3.3. ASSESSMENT OF MARKET DETERMINANTS
7.3.4. DATA COLLECTION
7.3.5. DATA VALIDATION & ANALYSIS

LIST OF TABLES

TABLE 1: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF CONTRACTS AND PARTNERSHIPS
TABLE 4: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
TABLE 5: LIST OF ACQUISITIONS & MERGERS
TABLE 6: LIST OF NEW PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 7: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)
FIGURE 2: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED MEDICATION DISPENSING SYSTEM, 2022-2028 (IN $ MILLION)
FIGURE 3: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED PACKAGING AND LABELING SYSTEM, 2022-2028 (IN $ MILLION)
FIGURE 4: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED TABLE-TOP COUNTER, 2022-2028 (IN $ MILLION)
FIGURE 5: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED STORAGE AND RETRIEVAL SYSTEM, 2022-2028 (IN $ MILLION)
FIGURE 6: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY OTHER TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2020 & 2028 (IN %)
FIGURE 8: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY RETAIL PHARMACY, 2022-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY HOSPITAL PHARMACY, 2022-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY OTHER INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)
FIGURE 11: UNITED STATES PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 12: CANADA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

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