Pharmacy Repackaging Systems Market to Reach US $ 2244.9 Mn by 2026

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Pharmacy Repackaging Systems Market -
Snapshot Increase in number of medication
error-related deaths and stringent health care
regulations have driven health care providers
and retail pharmacists to focus on improving
their outpatient services. Pharmacists are
constantly looking for advanced technology
solutions, ranging from a tablet counter to a
compact dispensing robot, in order to improve
their pharmacy workflow. Rise in number of
outpatient visits encourages pharmacists and
hospitals to incorporate automated systems in
order to improve their prescription-handling
capacity. Obtain Report Details
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macy-repackaging-systems-market-2018- 2026.html
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
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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. Request Report Brochure
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le/sample.php?flagBrep_id53178 Globally, the
pharmacy repackaging systems market has been
segmented based on product type, end-user, and
region. In terms of product type, the market has
been classified into blister card/compliance
packaging systems, pouch packaging automation
systems, bottle filling/ pill counting
automation systems, liquid medication packaging
systems, and others. In terms of end- user, the
market has been segregated into retail/community
pharmacy, hospital pharmacy, long- term care
(ltc) pharmacies, and mail order pharmacies.
Based on region, the market has been split into
North America, Europe, Asia Pacific, Latin
America, and Middle East Africa. Rising
awareness about the benefits of pharmacy
automation technologies, such as automated
repackaging, has prompted small and midsized
health care institutes and pharmacists to replace
their traditional pharmacy operation methods
with these technologies. According to the Johns
Hopkins University, on an average, 250,000 people
in the U.S die due to medical errors. Health
care providers and pharmacists are focusing on
improving outpatient medication to improve
operational efficiency, in terms of staff
productivity and patient safety. Health care
infrastructure in developed regions, such as
North America and Europe, is well- established
and has been focusing on development of their
medication workflow by shifting toward pharmacy
automation systems, including repackaging
systems. Moreover, promising reimbursement
programs in these regions are anticipated to fuel
the demand for these technologies during the
forecast period. The U.S and Canada are major
markets in North America. These countries are
rapidly advancing the frontiers of technological
development as well as enacting stringent
standards for medication management. This, in
turn, is likely to propel the demand for
repackaging systems that cater to the basic
requirement of customized dosage in various
end-user domains. Enquiry for Discount on this
Report _at_ https//www.transparencymarketresearch.c
om/sample/sample.php?flagDrep_id53178 Retail
and community pharmacy is estimated to be a
highly lucrative segment from the investors
perspective. The automation requirements in
pharmacies are expected to rise at a high rate
owing to the rapidly increasing number of large
chain pharmacy stores in developed regions as
well as increasing demand for automated systems
to cope with the increased pharmacy needs in
developing regions. Rate of hospital pharmacy
repackaging in North America is very high and
almost all hospital pharmacies are employing some
kind of automated system to improve the
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performance of their pharmacy operations. The
same trend is being observed in Europe, Japan,
and China. This factor is anticipated to propel
the hospital pharmacy segment during the forecast
period. Major companies operating in this
market 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. About
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