In a recent published report, Kenneth Research has updated the Global Automated Medication Dispensing Systems Market report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Automated Medication Dispensing Systems Market products.
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According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017
Automated medication dispensing systems (AMDS), also termed as automated drug cabinet (ADC), are robotic pharmacy prescription dispensing devices, which allow automatic or semi-automatic drug-storage and medicine dispense. Designed for use at hospital and retail pharmacies, these systems reduce medication errors, control inventory costs, improve access to drug information at point of care, and allow for the configuration of systems to meet specific clinical and operational requirements. Global total sales revenue of AMDS will advance to $XXX billion in 2025, registering a CAGR of XX% between 2016 and 2025. This represents a cumulative revenue of $26.48 billion during 2017-2025 owing to a substantial adoption of automated medication dispensing systems in hospital pharmacies, retail drug stores and other types of pharmacies across the globe.
Highlighted with 72 tables and 65 figures, this 162-page report “Global Automated Medication Dispensing Systems Market 2017-2025 by End-user, Application, Operation and Region” is based on a comprehensive research of worldwide automated medication dispensing systems market by analyzing the entire global market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2014 and 2015, revenue estimates for 2016, and forecasts from 2017 till 2025.
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global AMDS market in every aspect of the classification from perspectives of end-user, application, operation and region.
Based on end-users, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.
• Hospital Pharmacies
• Retail Pharmacies
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Based on application, the global market is analyzed on the following segments with annual revenue in 2014-2025 provided for each segment.
• In-Patient Automated Dispensing
• Out-Patient Automated Dispensing
Based on operation, the global market is divided and analyzed on the following segments in terms of revenue for 2014-2025.
• Centralized Systems (further sub-segmented into Robotic Systems and Carousels)
• Decentralized Systems (further sub-segmented into Automated Unit-Dose Dispensing Systems, Pharmacy-Based Automated Dispensing Systems, and Ward-Based Automated Dispensing Systems)
Geographically, the following regions together with the listed national markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
• North America (U.S. and Canada)
• Latin America (Argentina, Brazil, Mexico, Rest of Latin America)
• RoW
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue are available for 2014-2025. The breakdown of all regional markets and national markets by end-user, application, and operation over the forecast years is included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles global automated medication dispensing system vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global AMDS market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players:
Abacus Rx, Inc.
Accu-Chart™ Plus Healthcare Systems, Inc.
Aesynt Incorporated
AmerisourceBergen Corporation
ARxIUM Inc.
Baxter Healthcare Corporation
Becton, Dickinson & Co
Capsa Solutions, LLC
Cerner Corporation
ForHealth Technologies
Innovation Associates, Inc.
InterMetro Industries Corporation
Omnicell, Inc
Parata Systems
Pearson Medical Technologies, LLC
RxMedic Systems, Inc.
Scriptpro LLC
Swisslog Holding AG
Talyst, LLC
Willach Pharmacy Solutions GmbH
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