global pharmacy automation systems market assessment & forecast: 2015 2019

Published: August 2015

Global Pharmacy Automation Systems

Market Assessment & Forecast:

2015-2019

Segments Assessed: Modalities – {Products (Automated Medication

Dispensing, Packaging & Labeling, Storage & Retrieval, Automated

Compounding Systems, Table-Top Tablet Counters), End-Users

(Independent Pharmacies, Healthcare Institutions, Retail Pharmacy Chains

and Government Facilities)}

Geographies Assessed: North America, Europe, Asia-Pacific, Latin

America, Middle-East and Africa.

Global Pharmacy Automation Systems Market Assessment, Forecast (2015-2019)

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About Us

Spearhead Acuity Business Research & Consulting (SA-BRC) is a premium Life Science business

intelligence and data analytics firm. The SA-BRC team offers a wide range of business intelligence

services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals,

Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the

entire value chain of healthcare industry. Our research and consulting capabilities extend across

several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical

Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.

Our skills and capabilities help in putting forth the most accurate perspective of the market. We track

all major and minor events that create ripples and affect the life-science market in different ways.

Our data modeling process includes the evaluation of impacting events and analyzing other

invaluable sources (public & proprietary) of information and finally reporting results that will

influence the decision making of the readers.

SA-BRC has helped start-ups and market leaders across the globe achieve their revenue goals

strategically in multiple stages such as adoption, pre-launch research, regional analysis, social media

analytics, competitive mapping, market entry and post marketing surveillance. We frequently build

panels of experts for gathering data and invite participants of the healthcare industry to share their

opinions and views on our reports. Our current network of industry experts span across all major

life-science domains and take pride in keeping ourselves abreast with the latest happenings within

the sphere of Life-Science.

Report:

GLOBAL NON-VASCULAR

STENTS MARKET

2013-2019


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Table of Content

Chapter 1 Preface 7

1.1 Research Scope 7

1.1.1 Market Segmentation 8

1.1.2 Postulations 9

1.2 Methodology of Research 10

1.2.1 Companies covered in this report 11

Chapter 2 Précis 12

2.1 Market Inferences 12

Chapter 3 Market Dynamics 14

3.1 Market Drivers 14

3.1.1 Reduction in medication errors and dose tracking capabilities drive demand 14

3.1.2 Shortage in pharmacy jobs 14

3.1.3 Demand for automation due to increasing footfall in pharmacies 14

3.2 Market Inhibitors 15

3.2.1 Cost and space concerns while installing automation systems 15

3.2.2 Danger of error multiplication and breakdown of technical components 15

3.3 Opportunities 16

3.3.1 Opportunities in emerging markets 16

Chapter 4 Pharmacy Automation Systems – Global Market Size

Assessment, by Products, Forecast: 2015 - 2019 17

4.1 Introduction 17

4.2 Automated Medication Dispensing Systems Market, US$ Mn (2013 - 2019) 18

4.2.1 Solid Formulation Dispensing Systems Market, US$ Mn (2013 - 2019) 19

4.2.2 Liquid Formulation Dispensing Systems Market, US$ Mn (2013 - 2019) 20

4.3 Automated Pharmaceutical Packaging & Labeling Systems Market, US$ Mn (2013 - 2019) 21

4.4 Automated Pharmaceutical Storage & Retrieval Systems Market, US$ Mn (2013 - 2019) 22

4.5 Automated Compounding Systems Market, US$ Mn (2013 - 2019) 23

4.5.1 Solid Formulation Compounding Systems Market, US$ Mn (2013 - 2019) 24

4.5.2 Liquid Formulation Compounding Systems Market, US$ Mn (2013 - 2019) 25

4.6 Automated Table-Top Tablet Counting Systems Market, US$ Mn (2013 – 2019) 26


Assessment, by End-Users, Forecast: 2015 - 2019 27


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5.1 Introduction 27

5.2 Independent Pharmacies Market, US$ Mn (2013 - 2019) 28

5.3 Healthcare Institutions Market, US$ Mn (2013 - 2019) 29

5.4 Retail Chain Pharmacies Market, US$ Mn (2013 - 2019) 30

5.5 Government Facilities Market, US$ Mn (2013 - 2019) 31


Assessment, by Geography, Forecast: 2015 - 2019 32

6.1 North America Pharmacy Automation Systems Market, US$ Mn (2013 - 2019) 33

6.2 Europe Pharmacy Automation Systems Market, US$ Mn (2013 - 2019) 34

6.3 Asia-Pacific Pharmacy Automation Systems Market, US$ Mn (2013 - 2019) 35

6.4 Latin America Pharmacy Automation Systems Market, US$ Mn (2013 - 2019) 36

6.5 Middle-East Pharmacy Automation Systems Market, US$ Mn (2013 - 2019) 37

6.6 Africa Pharmacy Automation Systems Market, US$ Mn (2013 - 2019) 38

Chapter 7 Key Players Analysis: Pharmacy Automation Systems

Market, 2014 (%) 40

7.1 Key Players Market Share: Pharmacy Automation Systems Market, 2014 (%) 40

7.2 Global Pharmacy Automation Systems Market: Recent Developments 2013-2015 41

7.2.1 Mergers and Acquisitions 41

7.2.2 Joint Ventures, Expansion and Collaborations 41

7.2.3 New Product Launches and Approvals 43

7.3 Competitive Landscape: Strategies 44

Chapter 8 Epilogue 45


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List of Figures

FIG. 1 Market Segmentation: Global Pharmacy Automation Systems Market 8

FIG. 2 Research Methodology: Global Pharmacy Automation Systems Market Assessment 10

FIG. 3 Global Pharmacy Automation Systems Market Share, by Geography 2014 & 2019 (% Share - US$ Million) 13

FIG. 4 Pharmacy Automation Systems – Global Market Share, by Products 2014 & 2019 (% Share - US$ Million) 17

FIG. 5 Global Automated Medication Dispensing Systems Market 2013 – 2019 (US$ Million) 18

FIG. 6 Global Automated Packaging & Labelling Systems Market 2013 – 2019 (US$ Million) 22

FIG. 7 Global Automated Storage & Retrieval Systems Market 2013 – 2019 (US$ Million) 23

FIG. 8 Global Automated Compounding Systems Market 2013 – 2019 (US$ Million) 24

FIG. 9 Global Automated Table-Top Tablet Counting Systems Market 2013 – 2019 (US$ Million) 26

FIG. 10 Pharmacy Automation Systems – Global Market Share, by End-Users 2014 – 2019 (% Share US$ Millions) 27

FIG. 11 Key Players Market Share: Pharmacy Automation Systems Market, 2014 (%) 40

FIG. 12 Medication Errors by Type - 2014 (%) 45


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List of Tables

TABLE 1 List of companies covered in this report 11

TABLE 2 Global Automated Solid Formulation Dispensing Systems Market, by Geography, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 20

TABLE 3 Global Automated Liquid Formulation Dispensing Systems Market, by Geography, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 21

TABLE 4 Global Automated Solid Formulation Compounding Systems Market, by Geography, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 24

TABLE 5 Global Automated Liquid Formulation Compounding Systems Market, by Geography, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 25

TABLE 6 Global Independent Pharmacy Automation Systems Market, by Products, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 28

TABLE 7 Global Healthcare Institutions Pharmacy Automation Systems Market, by Products, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 29

TABLE 8 Global Retail Chain Pharmacy Automation Systems Market, by Products, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 30

TABLE 9 Global Government Facilities Pharmacy Automation Systems Market, by Products, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 31

TABLE 10 Global Pharmacy Automation Systems Market, by Geography, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 32

TABLE 11 North America Pharmacy Automation Systems Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 33

TABLE 12 Europe Pharmacy Automation Systems Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 34

TABLE 13 Asia-Pacific Pharmacy Automation Systems Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 35

TABLE 14 Latin America Pharmacy Automation Systems Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 37

TABLE 15 Middle-East Pharmacy Automation Systems Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 38

TABLE 16 Africa Pharmacy Automation Systems Market, by Segment, 2013 - 2019 (US$ Mn) (CAGR: 2015 - 2019) 39


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Chapter 1 Preface

1.1 Research Scope

Chapter Number Segment Description

Chapter 1:

Preface

Research Scope

The preface provides a brief overview of the contents of the

research report. The overview is further supplemented by a

graphical representation of the market segments analyzed

in the report. This is followed by the postulations or

assumptions considered for analysis of different segments.

Research

Methodology

Provides the methodology adopted by SA-BRC while

estimating the current and future market in terms of value.

Chapter 2:

Précis

Inferences &

Summary

The chapter lists down key (quantitative and qualitative)

highlights and takeaways of the market as reported in the

study.

Chapter 3:

Market Dynamics

Drivers, Inhibitors &

Opportunities

Explains the foremost factors that are affecting the growth

(positively and negatively) of the global pharmacy

automation systems market.

Chapter 4:

Products Market Size &

Forecast – Pharmacy

Automation Systems

Market Estimations

for Global Pharmacy

Automation Systems

by product

categories

Product Segments: Automated Medication Dispensing,

Prescription Packaging & Labeling, Storage & Retrieval,

Automated Compounding and Table-top Tablet Counting

Systems. Estimates market value with 2013 & 2014 as

historical years and forecast of 2015-2019.

Chapter 5:

End Users Market Size &

Forecast – Pharmacy

Automation Systems

Market Estimations

for End Users of

pharmacy

automation systems

End-Users: Independent Pharmacies, Healthcare

Institutions, Retail Pharmacy Chains, Government Facilities.

Estimates market value with 2013 & 2014 as historical

years and forecast of 2015-2019.

Chapter 6: Geography

Market Size & Forecast –

Pharmacy Automation

Systems

Demographical

Analysis

Provides estimates by value for 6 geographies of North

America, Europe, Asia-Pacific, Latin America, Middle-East

and Africa. Estimates with 2013 & 2014 as historical years

and forecast of 2015-2019.

Chapter 7:

Key Players Market

Analysis

Recent

Developments &

Competitive

Strategies

Elaborates recent developments for the years 2013, 2014 &

2015 and major competitive strategies adopted by

companies in this area based on events for past 3 years.


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Chapter 9:

Epilogue

Postscript Qualitative

Overview

Provides postscript content to the report and includes an

informal perspective on the market with the best possible

outcome by the end of forecast period.

Companies Covered: Qualitative and

Quantitative Analysis

Becton Dickinson (CareFusion), Baxter (Baxa), Omnicell

Inc, Parata Systems, RxMedic, Mach 4 Pharma Systems,

Yuyama, Aesynt Inc., Becton Dickinson (Swisslog), Capsa

(Kirby Lester), Pharmacy Automation Systems (PAS),

SencorpWhite, Noritsu Medical, Tosho Co., Inc., Cretem Co

Ltd, InterMetro, ARxIUM (IHS & AmerisourceBergen), KUKA

(Swisslog), Talyst, Apostore (Germany), PDS Services LLC,

RxSafe, MDCI Automation, Willach Pharmacy Solutions,

TCGRx, New Icon, etc.

1.1.1 Market Segmentation

FIG. 1 Market Segmentation: Global Pharmacy Automation Systems Market

Source: SA-BRC Analysis

Global Pharmacy Automation Systems Market

Assessment: Forecast 2015 - 2019

Product Segmentation

Demographic Segmentation

Automated Medication

DispensingNorth America

Europe

Asia-Pacific

Latin America

Middle-East

Africa

Automated Packaging

& Labeling

Storage & Retrieval Devices

Automated Compounding

End-User

Independent

Pharmacies

Healthcare Institutions

Retail Pharmacy Chains

Government Facilities

Automated Compounding

Solid Dose Dispensing

Liquid Dose Dispensing

Solid Formulation

Compounding

Liquid Formulation

Compounding


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1.1.2 Postulations

This section covers assumptions and postulations or hypotheses considered during the research of

the market. These assumptions considered in order to estimate the complete forecast of the Global

Pharmacy Automation Systems Market have been detailed below:

This report provides estimates of the market assuming no major economic rise or decline

will occur due to unforeseen circumstances during the forecast period

Packaging and labeling systems are considered to be part of both centralized and

decentralized pharmacy system


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1.2 Methodology of Research

FIG. 2 Research Methodology: Global Pharmacy Automation Systems Market Assessment

Source: SA-BRC Analysis. **Websites mentioned in the above representation are few examples from our exhaustive list of references that

cannot be compiled in entirety

Quantitative

Research

Qualitative

Research

Primary Research Secondary/Desk Research

Online-web (CATI/CAWI/CAPI)

Telephonic and video conference

Interviewee Location: Multiple

respondents from each of 6 geographies

Interviewee Field Exp.: All Interviewees

were c-level, d-level, VP level and senior

management

Target Information: validation of

secondary findings; cross-verification of

other primary interviews

Organization – Hospital Purchase Dept,

Pharmacies and GPO’s across 6 regions

Proprietary third party databases

In-house data repository

Company sites

Annual Reports/ SEC Filings

Investor presentations

Equity & Stock

(Seeking Alpha, Zacks, etc.)

Other information sources include

magazines such as Pharmacy Purchasing

Products, etc.

Primary Research Secondary/Desk Research

Online forums/blogs

Online communities/Patient Advocacy

Groups

Online chat with KOLs/experts

Focused Group Discussions

Target Information: Insights on market

trends, market impact factors, marketing

and awareness programs etc.

American Society for Automation in

Pharmacy (ASAP)

American Healthcare Association

The Royal Pharmaceutical Society

Institute for Safe Medication Practices

Wired Magazine

Pharmavoice

RxInsider

Data triangulation was done for the information (quantitative/qualitative) collected through

primary and secondary sources. Analysis also included evaluation of all major macro and

microeconomic factors.

Post data triangulation process, the summary of our study was shared with KOLs and industry

experts to suggest further insights to our analysis as well as validate the overall pharmacy

automation systems market.

Key Findings

Market Forecast

Insight Generation

Spearhead-Acuity Team


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1.2.1 Companies covered in this report

TABLE 1 List of companies covered in this report

S. No Company Name S. No Company Name

1 Becton Dickinson (CareFusion) 15 Cretem Co Ltd

2 Baxter (Baxa) 16 InterMetro

3 Omnicell Inc 17 ARxIUM (IHS & AmerisourceBergen)

4 Parata Systems 18 KUKA (Swisslog)

5 RXMedic 19 Talyst

6 Mach 4 Pharma Systems 20 Apostore (Germany)

7 Yuyama 21 PDS Services LLC

8 Aesynt Inc 22 RXSafe

9 Becton Dickinson (Swisslog) 23 MDCI Automation

10 Capsa (Kirby Lester) 24 Willach Pharmacy Solutions

11 Pharmacy Automation Systems (PAS) 25 New Icon

12 Sencorp White 26 TCGRx

13 Noritsu Medical

14 TOSHO

Source: Proprietary data sources, KOL opinions, Primary Interviews, SA-BRC Analysis


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Chapter 2 Précis

2.1 Market Inferences

Key Highlights and Insights to the global pharmacy automation Systems market:

The global pharmacy automation Systems market was valued at US$ 4,465.4 million in 2014

and expected to grow to US$ 6,219.2 million by 2019 at a CAGR of 6.8% from 2015 to

2019.

Demand for automated medication dispensing systems remained the strongest collecting

revenues worth US$ xx million in 2014. By 2019 the market is expected to grow to US$ xx

million at a CAGR of xx% from 2015 to 2019.

Automated compounding systems are expected to grow the quickest at a CAGR of xx% from

2015 to 2019 representing a market value of US$ xx million by 2019.

Greater purchase power, increasing investment and rising footfall in hospital pharmacies

aided by aging population was a major factor for continued leadership of hospitals as end-

users of pharmacy automation. In 2014, Healthcare Institutions purchased pharmacy

automation systems worth US$ xx million. The market is estimated to grow to US$ xx

million by 2019 at a CAGR of xx%.

North America continued to lead pharmacy automation Systems market with a share of xx%

in 2014 that translated into revenues worth US$ xx million.

Asia-Pacific is expected to exhibit the most potential market with CAGR xx% for 2015-2019,

fuelled by increasing number of technology companies within the region, increasing

investment in healthcare, entry of foreign pharmacy and hospital chains and improving

economy.

Becton Dickinson (CareFusion), KUKA (Swisslog), ARxIUM (IHS + AmerisourceBergen),

Aesynt and Parata were the largest players in the Pharmacy Automation market with shares

of xx%, xx%, xx%, xx% and xx% respectively.


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Disclaimer:

SA-BRC Market Research is an informative Market Research Company with the sole intention of

sharing market related insights. The information provided in our research reports or on sa-brc.com

though collected through authentic sources, analyzed and cross validated through Key Opinion

Leaders (KOLs) in the industry; neither the company nor authors provide any kind of warranty about

the content – both qualitative and quantitative.

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