A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled "Global Pharmacy Repackaging Systems Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026" which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview.
The global pharmacy repackaging systems market continues to expand at a high growth rate. This expansion is driven by the increasing number of medication errors and rising need to improve patient safety. The global pharmacy repackaging systems market is projected to expand at a significant growth rate in the next few years due to rising awareness about benefits of automated systems among health care providers and pharmacists. Incorporating packaging operations within the facility helped hospitals (and also long-term care and retail pharmacies) decrease the costs associated with wasted medication and improve their drug inventory management. Costs are curbed by packaging bulk medication, instead of purchasing pre-packed unit doses from the manufacturer. The pharmacy repackaging systems market is also driven by technological features that allow end-users to incorporate technologies to strengthen their entire process workflow toward enhancing patient safety. High cost of implementation and lack of awareness about benefits of pharmacy repackaging technologies are key factors that are likely to restrain the market.
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A detailed qualitative analysis of factors responsible for driving and restraining market growth and future opportunities has been provided in the market overview section. This section of the report also provide insights into the key trends of the pharmacy repackaging systems market such as outsourcing to third party repackaging companies. The key market indicators influencing global pharmacy repackaging systems market taken into consideration including cost constraints and regulatory landscape. The report also includes market attractiveness analysis of the major segments that provides a thorough analysis of the overall competitive scenario in the global pharmacy repackaging systems market. The report also highlights key events of the global pharmacy repackaging systems industry. A value chain analysis along with list of major players, hospitals and distributors is also included in the report.
Market value in terms of US$ Mn for the period between 2016 and 2026 along with the compound annual growth rate (CAGR %) from 2018 to 2026 are provided for all the segments, considering 2017 as the base year. The year-on-year growth of the global pharmacy repackaging systems market for each segment is also reflected. Additionally, market related factors such as increasing preference for product innovation, cost reduction for hospitals, greater affordability for patients in various geographies, and historical year-on-year growth have been taken into consideration while estimating the market size.
Based on product type, the global pharmacy repackaging systems market has been segmented into blister card/compliance packaging systems, pouch packaging automation systems, bottle filling/ pill counting automation systems, liquid medication packaging systems, and others. Based on end-user, the market has been classified into retail/community pharmacy, hospital pharmacy, long-term care (ltc) pharmacies, and mail order pharmacies. The retail/community pharmacy segment is expected to dominate the market during the forecast period.
In terms of region, the global pharmacy repackaging systems market has been split into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Additionally, the regions have been further segmented into major countries from each region. These include the U.S., Canada, the U.K., Germany, France, Italy, Spain, China, Australia, India, Japan, Brazil, and Mexico.
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The report also profiles major players in the pharmacy repackaging systems market based on various attributes such as company overview, financial overview, SWOT analysis, key business strategies, product portfolio, and recent developments. A thorough market share analysis of major companies operating in the pharmacy repackaging systems market is provided in the report. The report also includes a competition matrix that provides insights into recent developments and activities done by the major market players. Key companies profiled in the report include Omnicell, Inc., Becton Dickinson & Company (CareFusion Corporation), Kirby Lester, Swisslog Holding Ltd., Yuyama Co., Ltd., TCGRx, ARxIUM, Takazono Corporation, Parata Systems, and Pearson Medical Technologies.
The global pharmacy repackaging systems market has been segmented as follows:
Global Pharmacy Repackaging Systems Market, by Product Type
Blister Card/Compliance Packaging Systems
Multi Dose Blister Card Packaging Systems
Single Dose Blister Card Packaging Systems
Pouch Packaging Automation Systems
Automatic Tablet Packager
Pouch Verification System
Bottle Filling/ Pill Counting Automation Systems
Automated Bottle Filler
Liquid Medication Packaging Systems
Oral Liquid Filling Pump
Automated Vial Filling Pump
Global Pharmacy Repackaging Systems Market, by End-user
Long-term care (LTC) pharmacies
Mail order Pharmacies
Global Pharmacy Repackaging Systems Market, by Region
Rest of Europe
Rest of Asia Pacific
Rest of Latin America
Middle East & Africa
Rest of Middle East & Africa
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Global Pharmacy Repackaging Systems Market – Industry Analysis, Size, Share, Growth, Trends, and For
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