Pharmaceutical Automation Market is expected to grow at a CAGR of 12% to $18.2 billion. The growing need to reduce pharmaceutical errors, rapid decentralisation of pharmacies, rising geriatric population, and rising labour costs are projected to drive the pharmacy automation industry. Reluctance among healthcare organisations to embrace pharmacy automation systems, on the other hand, is likely to limit overall market growth to some amount during the forecast period.
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The market has been seeing a beneficial influence throughout the COVID -19 epidemic. This is due to an increase in the transmission of infection from healthcare personnel to patients, as well as an increase in the global demand for pharmaceuticals. These pharmacy automation technologies help patients, pharmacies, and critical members of the healthcare team. Automated solutions are also extremely cost-effective and safe, and they help to streamline pharmacy operations by improving data flow. All of these technological advancements have helped pharmacies stay competitive in an ever-changing sector while also benefiting patients and doctors in many ways. Furthermore, these devices have lowered costs by reducing the need for physical labour.
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Scope of the Report:
Pharmaceutical Automation Market, by Component
- Enterprise-level Controls
- Product Lifecycle Management (PLM)
- Enterprise Resource Planning (ERP)
- Manufacturing Execution Systems (MES)
- Plant Instrumentation
- Motors & Drives
- Robots
- Articulated Robots
- SCARA
- Collaborative Robots
- Cartesian Robots
- Other Robots
- Sensors
- Machine Vision Systems
- Cameras
- Optics and Led Lighting
- Relays & Switches
- Other Plant Instrumentation Components
- Plant-Level Controls
- Supervisory Control and Data Acquisition (SCADA)
- Distributed Control Systems (DCS)
- Programmable Logic Controllers (PLC)
- Other Plant-level Controls
Pharmaceutical Automation Market, by Mode of Automation
- Semi-automatic Systems
- Fully-automatic Systems
Pharmaceutical Automation Market, by End User
- Pharmaceutical Industry
- Biotech Industry
Pharmaceutical Automation Market, by Geography
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Rest of Asia-Pacific (RoAPAC)
- Europe
- Germany
- U.K.
- Italy
- Netherlands
- Sweden
- France
- Spain
- Rest of Europe (RoE)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America (RoLATAM)
- Middle East & Africa
- South Africa
- UAE
- Saudi Arabia
- Rest of the Middle East & Africa (RoMEA)
Stakeholders' Key Benefits :-
- The report examines the size of the pharmacy automation system market, as well as current trends and future projections, in order to identify potential investment opportunities.
- It provides a market analysis of pharmacy automation systems from 2020 to 2030, which is anticipated to help stakeholders capitalise on market opportunities.
- To identify the current potential, a complete examination of four regions is offered.
- To comprehend the competitive picture and global pharmacy automation systems market growth, the profiles and growth strategies of the leading players are thoroughly examined.
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