Transparency Market Research recently published a new study evaluating the impact of automation systems on the global pharmacy market.
The study, “Pharmacy Automation Systems Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012-2018,” reports the combination of advanced automation technologies with the traditional pharmacy system has resulted in reduced medication costs, fewer medication errors, faster delivery time and appropriate control over pharmacy inventory.
Rising awareness of the systems' benefits are predicted to be a key driving force in the global pharmacy automation systems market, according to the study, which also found that rising cost pressures on health care providers due to regulatory pressures and the reduction of medical reimbursements also will cause market growth to rise.
The study said that the global market for pharmacy automation systems, which had a net worth of $4.7 billion in 2011, is anticipated to reach a net worth of $7.8 billion by 2018. Currently, the health care industry of North America accounts for over half of the overall share of the global pharmacy automation market.
To read the study’s full findings, visit transparencymarketresearch.com/pharmacy-automation-systems.html