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Global Pharmacy Automation Market in 2017

Global Pharmacy Automation Market is expected to reach USD 11,826.42 million by 2025 growing with a healthy CAGR in the forecast period 2018 to 2025.
sachit khadse | 10.10.2018
Global Pharmacy Automation Market in 2017 © sachit khadse
Global Pharmacy Automation Market is expected to reach USD 11,826.42 million by 2025 growing with a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The global pharmacy automation market highly concentrated to a few big players and rest to local players who cater to domestic markets only.

KUKA Aktiengesellschaft dominated the pharmacy automation accounting for a highest market share in 2017, followed by
• Isra Vision AG,
• Basler AG,
• Sick Ag , Mvtec
• Software Gmbh ,
• Tordivel AS ,
• Stemmer Imaging ,
• LMI Technologies,
• Hermary Opto Electronics INC,
• Ricoh CO., LTD,
• Omron Corporation among others.

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Market Segmentation: Global Pharmacy Automation Market
• The global pharmacy automation market is segmented based on offering into two notable segments hardware and software. In 2018, hardware is expected to dominate the pharmacy automation market with 66.9% market share growing at the highest CAGR in the forecast period 2018 to 2025.
• The global pharmacy automation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market

KUKA Aktiengesellschaft:
KUKA Aktiengesellschaft was founded in 1898 and headquartered in Augsburg, Germany. The company is involved in the manufacturing of robot-based automation solutions.
The company operates through three business segments namely Systems, Swiss log and Robotics. Pharmacy automation products and services are offered in Systems. The products offered by company include robots systems and mobility.

Some of company’s subsidiaries are CMA Technology SR, Thompson Friction Welding Reis Group Holding Gmbh & Co. Kg (Germany), Bopp & Reuther Anlagen-Verwaltungsgesellschaft mbH (Germany), KUKA de Mexico S.de R.L.de C.V. (Mexico) among others
The company has strong presence in Germany, North America, and Rest of Europe.

AMERISOURCEBERGEN:
AMERISOURCEBERGEN. was founded in 2001 and headquartered in Pennsylvania, U.S. It is involved in the development and distribution of pharmaceutical sourcing and distribution services.


Omnicell, Inc.:
Omnicell Inc. was founded in 1992 and headquartered in California, U.S. Omnicell INC. is involved in providing medication and supply management automation, analytics software, and medication adherence solutions for healthcare organizations.
The company is an ISO 14001:2004 certified for Environmental Management System (EMS)
The company has its subsidiaries namely Ateb Canada Ltd. (Canada), MTS Medication Technologies Limited (U.S.) Aesynt Incorporated (U.S.) among others. The geographical presence of this company is in U.S., Germany, China, France, Germany, Italy, Netherlands, Slovenia and U.K. among others.

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Key Points: Global Pharmacy Automation Market
Some of the major players operating in this market are BD., Cerner Corporation, AmerisourceBergen Corporation, Kuka Aktiengesellschaft, Omnicell, Inc., Capsa Healthcare, RxSafe, LLC, ARxIUM, Talyst, LLC., among others.
• The centralized segment is dominating the global pharmacy automation.
• The decentralized segment is expected to grow with the highest CAGR of 8.4% in the forecast period 2018 to 2025.

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Key Drivers: Global Pharmacy Automation Market
Some of the major factors driving the market for global pharmacy increased are need of minimizing medication errors and introduction of decentralization of pharmacies

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