May 3, 2019

Automated Dispensing Systems Market is going to hit USD xx million by 2025

Automated Dispensing Systems Market Size and Growth Rate:

Automated Dispensing Systems Market was valued at USD xx million in 2018 and projected to reach USD xx million by 2025 growing at a CAGR of xx% during the forecast period 2018 to 2025.

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Automated Dispensing Systems Market Overview:

Automated dispensing systems, also known as automated medication cabinets, are storage and dispensing devices for electronic medicines mainly used in healthcare environments. This system can easily control the storage, distribution and medical monitoring of the computer.

Automated Dispensing Systems Market Growth Drivers and Restraints:

There is also a growing demand for automated systems, such as bar codes and RFID cabinets, to help with inventory management. These are key elements expected to lead the market in the coming years. The increase in the number of recipes and the lack of qualified pharmacists are other factors that hope to facilitate automation in drug administration. However, it is expected that the high installation cost of the large automatic dispensing machines will limit the growth of the market. In addition, an increase in the majority population around the world, the prevalence of various chronic illnesses and high rates of hospitalization are some of the factors that increase opportunities in pharmacies and retail pharmacies in the hospital, and therefore, the demand for automated dispensing systems is increasing.

Automated Dispensing Systems Market – Geographical Overview:

It is expected that the Asia-Pacific region will rise to a high growth rate of 9.1% per year during the forecast period. Government support and increased drug abuse are expected to accelerate market growth in the region. The Central Medical Services Society (CMSS) of India recommends installing an automated distribution system in rural China. With the support of CMSS, automated dosing systems are installed in many states. This system distributes generic prescription drugs for free.

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Key Players of Automated Dispensing Systems Market:

Avery Weigh-Tronix, Dickinson and Company, Omnicell, Inc., Pearson Medical Technologies, RxMedic Systems, Inc., Aysynt Incorporated, Becton, ScriptPro LLC, Capsa Solutions, LLC and Cerner Corporation are important players in the global automated dispensing system market.

Automated Dispensing Systems Market Segmentation:

By Product:

·        Centralized

·        De-Centralized

By Application:

·        Pharmacy Stores

·        Hospitals

·        Laboratories

By Region:

·        North America

·        South America

·        Europe

·        Asia Pacific

·        Middle East and Africa

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