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Pharmacy Automation | Medication Dispensing System

by Sasha Sharma Industry Analyst | Blogger
The major factors that are expected to be driving the pharmacy automation market are the growing need to minimize medication errors, rapid decentralization of pharmacies, rising geriatric population
Recommended Features
  • Growing Need to Minimize Medication Errors
  • Decentralization of Pharmacies
  • Rising Geriatric Population
  • Rising Labor Cost
  • rising geriatric population and rising labor cost
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MarketsandMarkets forecasts the pharmacy automation market is estimated to grow from USD 3.63 billion in 2017 to USD 5.38 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.2% during the forecast period.

The objective of the report is to define, describe, and forecast the pharmacy automation market size based on product, end user, and region.

The major factors that are expected to be driving the pharmacy automation market are the growing need to minimize medication errors, rapid decentralization of pharmacies, rising geriatric population and rising labor cost. On the other hand, reluctance among the healthcare organizations to adopt pharmacy automation systems is expected to restrain the overall market growth to a certain extent during the forecast period.

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About Sasha Sharma Advanced   Industry Analyst | Blogger

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Joined APSense since, June 2nd, 2020, From Northbrook, United States.

Created on Jul 3rd 2020 10:06. Viewed 109 times.

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