United Kingdom pharmacy
automation devices market is expected to register robust growth in the forecast
period, 2023-2027. The
inflating need for decline in medication errors, manual medication dispensing,
and progress of further advanced parts innovation are some of the major factors
driving the market growth. In addition to this, expanding geriatric population
and increase in work cost have incited the growth in pharmacy automation market.
Growing usage of pharmacy automation system reduces errors related with
medication, storage, recovery, dispensing, and use which propels the market
growth. Pharmacy automation devices manage the course of pharmacy works out,
such as filling &capping of drugs, administration &storing of drugs,
and labeling the prescriptions. This device can store and oversee more than
200-300 medications and information of a patient, in a secure way. Increase in
gathering of automated system is ensuring the prominent productivity.
Escalating Product
Demand to Reduce Medication Errors is Projected to Bolster the Market Growth
Medication errors and dispensing errors
are considered as one of the leading causes of hospital readmission across the
globe. Lack of proper communication between physicians and pharmacists, risky
storage practices in pharmacies, and the confusion due to the similar labels
and drug prescriptions during the preparation or dispensing of drugs are
supporting the market growth. Automated systems are considered one of the most
efficient solutions to reduce these errors. The implementation of automated
dispensing cabinets (ADCs) and automated dispensing machines (ADMs) in
hospitals led to significantly minimizes the number of dispensing and
medication errors in hospitals. All these aforementioned factors are propelling
the market growth.
Inflating Need for Quality Care and
Technological Advancements Augments the Market Growth
Pharmacists in countries like United
Kingdom are implementing procedure to provide improved safety and efficacy in
the medication process supports the market growth. Increasing competition among
hospitals and retail pharmacies to offer quality care to patients in the
hospital is inciting the profit in the pharmacy automation device market. Continuous advancements in technology and
pharmacy automation benefits have allowed access to pharmacist and nurses to
pharmacy automation devices that automate medication dispensing, medication
compounding, storage and retrieval, inventory management, packaging, and
labelling, etc. Along with this, there has been progression including the link
between EMR and medication to enhance efficiencies of hospital and retail
pharmacies. Interfacing with several software and growing automation in
pharmacies is projected to fuel the growth of the pharmacy automation devices
market in the coming years.
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Market Segmentation
The United Kingdom pharmacy automation devices
market is segmented into product type, end use, regional distribution, and competitive
landscape. Based on product type, the market is segmented into
medication dispensing systems, packaging & labeling systems, storage &
retrieval systems, automated medication compounding systems, tabletop tablet
counters. Based on end use, the
market is divided into hospitals pharmacy and retail pharmacy. To analyze the market based on the
region, the United Kingdom pharmacy automation devices market is studied in
major regions namely London, Southeast, East Anglia, Scotland, Southwest, East
Midlands, and Yorkshire & Humberside.
Market Players
Becton Dickinson U.K. Limited, Willach Pharmacy
Solutions, Cerner Corporation United Kingdom, Omnicell Limited, McKesson UK,
Mediwell Systems Ltd., Deenova United Kingdom Limited are the significant market players operating in United Kingdom pharmacy
automation devices market.
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Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historic Data
|
2017 –
2020
|
|
Estimated Year
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2022
|
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Forecast Period
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2023
– 2027
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|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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|
Report coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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|
Segments covered
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·
Product Type
·
End Use
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Regional scope
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London, Southeast, East Anglia, Scotland,
Southwest, East Midlands, and Yorkshire & Humberside
|
|
Key companies profiled
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Becton Dickinson U.K. Limited, Willach Pharmacy Solutions,
Cerner Corporation United Kingdom, Omnicell Limited, McKesson UK, Mediwell
Systems Ltd., Deenova United Kingdom Limited
|
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to regional
& segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and
Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
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Report Scope:
In this report, United Kingdom pharmacy
automation devices market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
·
United Kingdom Pharmacy Automation Devices
Market, By Product Type:
o Medication Dispensing Systems
o Packaging & Labeling Systems
o Storage & Retrieval Systems
o Automated Medication Compounding Systems
o Tabletop Tablet Counters
·
United Kingdom Pharmacy Automation
Devices Market, By End Use:
o Hospital Pharmacy
o Retail Pharmacy
·
United Kingdom Pharmacy Automation
Devices Market, By Region:
o
London
o
Southeast
o
East
Anglia
o
Scotland
o
Southwest
o
East
Midlands
o
Yorkshire
& Humberside
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom pharmacy automation devices
market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
Detailed analysis and
profiling of additional market players (up to five).