Report Sellers has added a new market research report “Europe Pharmacy Automation Market – Forecasts From 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.
According to the report, Europe Pharmacy Automation Market is projected to grow at a CAGR of 5.92% during the forecast period to reach a total market size of US$1.905 billion in 2022 from US$1.349 billion in 2016. Rising healthcare costs is the major driver of Europe Pharmacy Automation market. Growing focus on disease prevention and management coupled with increasing need to reduce medication errors is further escalating the demand for pharmacy automation solutions and services in the region.
Countries such as Spain and France have the strictest level of regulation regarding pharmacy and healthcare facilities. By application, robotic dispensing system will witness the fastest market growth at the CAGR of 8.68% during the forecast period. By end user, European Hospital Pharmacy Automation market is projected to grow at a CAGR of 5.02% during the forecast period since throughout Europe, pharmacy organizations, governmental departments, and professional bodies are supporting the adoption of pharmacy automation systems in both hospitals and retail stores.
Browse through the complete description and in-depth TOC on “Europe Pharmacy Automation Market”
Europe Pharmacy Automation market has been segmented by application automated medication dispensing system, automated packaging and labeling system, automatic storage and retrieval system, robotic dispensing system, IV pharmacy, and others. The market has also been segmented by end user as hospital pharmacy and retail pharmacy. Geographically, market has been segmented as the UK, Germany, France, Spain, and others.
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