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Applications , end-use , and regions are the three parameters based on which the global pharmacy automation devices market is categorized . Based on applications , the segments are automated medication dispensing systems , automated medication & compounding systems , automated storage & retrieval systems , table top tablet counters , and automated packaging & labeling systems . Packaging & labeling instruments mainly include deblistering machines , sealers , printing solutions , and fillers & sealers .
Automated medication dispensing systems enable computer controlled storage , tracking , dispensation , and the efficient recording of medical works . This segment held the highest market share in 2013 . Unlike small sized hospitals that face budgetary constraints , highly established & large hospitals ma inly adopt automated medication dispensing systems . Dispensing cabinets help healthcare practitioners to provide medications in a systematic manner and keep a record of the same in the overall system .
Retail pharmacy and hospital pharmacy are the two main end-users in the overall industry . Owing to robust investments , the hospital pharmacy segment may witness remarkable growth till 2020 . It is sub -segmented into central pharmacy automation solutions , pharmacy robots , barcode medication dispensing , and p oint-ofcare automation solutions among others .
Geographically , the worldwide pharmacy automation devices industry is divided into Asia Pacific , North America , Europe , and Rest of the World . In revenue terms , North America dominated the overall industry i n 2013 . Regional drivers are technological developments , the need for minimal medical errors , and a rapidly growing aging population . Asia Pacific is projected to be the fastest growing region in the forecast period . Factors that could positively impact the region are high income levels and greater awareness about the benefits of medical automation .
Prominent players in the global Pharmacy Automation Devices Market are Innovation PharmaAssist Robotics , Pyxis Pharmacy Automation Systems , McKesson Corporation , CareFusion Corporation , Accu Chart Healthcare , and Swisslog Holding Ltd . TCGRx , a Wisconsin based company dealing in pharmacy automation declared the development of PillBot™ in November 2016 . PillBot™ is a pharmacy automation device that enabl es the filling of multi-dose and unit-dose cards in addition to pouch packaging . It can efficiently package medicines in blister formats as well as in pouch formats . The product will soon be launched this year .
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