Published: 15 Nov 2017 | Report Code: 10247107 | Pages: 129
Patient safety is a top priority in hospital and retail pharmacies. Over and beyond the forecast period, an increasing adoption of pharmacy automation systems is expected in a global scope because these systems can reduce medication errors and improve workflow efficiency in pharmacies. North America total sales revenue of pharmacy automation systems will advance to $XXX billion in 2025, growing by XX% annually between 2016 and 2025. This represents a cumulative revenue of $35.78 billion during 2017-2025 owing to a substantial adoption of automated medication dispensing systems, automated storage and retrieval systems, automated packaging and labeling systems, table-top tablet counters, and automated drug compounding devices in hospital pharmacies, retail drug stores and other types of pharmacies in this region. Highlighted with 22 tables and 36 figures, this 129-page report “North America Pharmacy Automation Systems Market 2017-2025 by End-user, Product and Country” is based on a comprehensive research of pharmacy automation systems market by analyzing the entire North America 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 North America market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify North America pharmacy automation systems market in every aspect of the classification from perspectives of end-user, product type and country. Based on end-users, the North America market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section. • Hospital Pharmacies (further segmented into Hospital Inpatient Pharmacy and Hospital Outpatient Pharmacy) • Retail Pharmacies (further divided into Retail Chain Pharmacies and Independent Drug Stores) • Pharmacy Benefit Management Organizations • Others Based on product type, the North America market is analyzed on the following segments with annual revenue in 2014-2025 provided for each segment. • Automated Medication Dispensing Systems (further categorized into Centralized Systems (Robotic Systems and Carousels) and Decentralized Systems (Automated Unit-Dose Dispensing Systems, Pharmacy-Based Automated Dispensing Systems, Ward-Based Automated Dispensing Systems ) • Automated Storage and Retrieval Systems • Automated Packaging and Labeling Systems (further divided into Unit-Dose Packaging & Labeling Systems and Multi-Dose Packaging & Labeling Systems) • Table-top Tablet Counters • Automated Drug Compounding Devices (further segmented into Compounding Systems for Solid Formulation, Compounding Systems for Liquid Formulation, Compounding Systems for Other Formulations) • Others Geographically, the following national markets are fully investigated: • United States • Canada For each of the aforementioned countries, detailed analysis and annual revenue are available for the period of 2014-2025. The breakdown of all national markets by end-user and product type over the forecast years is included. The report also covers current competitive scenario and the predicted manufacture trend; and profiles key pharmacy automation systems vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in North America pharmacy automation systems 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 Health Robotics SRL Innovation Associates, Inc. InterMetro Industries Corporation McKesson Corporation Medacist Solutions Group, LLC. Omnicell, Inc Parata Systems Pearson Medical Technologies, LLC Pharmacy Automation Systems LLC RxMedic Systems, Inc. Rxsafe, LLC Scriptpro LLC Swisslog Holding AG Talyst, LLC TCGRX Pharmacy Workflow Solutions Willach Pharmacy Solutions GmbH Yaskawa Electric Corp. Yuyama
Table Of Contents
1 Introduction 5 1.1 Industry Definition and Research Scope 5 1.1.1 Industry Definition 5 1.1.2 Research Scope 6 1.2 Research Methodology 7 1.2.1 Overview of Market Research Methodology 7 1.2.2 Market Assumption 8 1.2.3 Secondary Data 8 1.2.4 Primary Data 8 1.2.5 Data Filtration and Model Design 9 1.2.6 Market Size/Share Estimation 10 1.2.7 Research Limitations 11 1.3 Executive Summary 12 2 Market Overview and Qualitative Analysis 14 2.1 Market Size and Forecast 14 2.2 Market Structure 16 2.3 Major Growth Drivers 17 2.4 Market Restraints and Challenges 22 2.5 Emerging Opportunities and Market Trends 26 2.6 Porter’s Fiver Forces Analysis 30 3 Analysis of North America Market by End-user 34 3.1 Market Overview by End-user 34 3.2 Hospital Pharmacies 37 3.3 Retail Pharmacies 42 3.4 Pharmacy Benefit Management Organizations 46 3.5 Other End-users 48 4 Analysis of North America Market by Product 49 4.1 Market Overview by Product 49 4.2 Automated Medication Dispensing Systems (AMDS) 52 4.2.1 Centralized Automated Medication Dispensing Systems 56 4.2.2 Decentralized Automated Medication Dispensing Systems 58 4.3 Automated Storage and Retrieval Systems 60 4.4 Automated Packaging and Labeling Systems 61 4.5 Table-top Tablet Counters 63 4.6 Automated Drug Compounding Devices 66 4.7 Other Pharmacy Automation Systems 68 5 North America Market 2014-2025 70 5.1 Overview of North America Market 70 5.2 U.S. Market 74 5.3 Canadian Market 77 6 Competitive Landscape 79 6.1 Overview of Key Vendors 79 6.2 Key M&A Trends and Strategic Partnerships 82 6.3 Company Profiles 85 7 Investing in North America Market: Risk Assessment and Management 123 7.1 Risk Evaluation of North America Market 123 7.2 Critical Success Factors (CSFs) 126 RELATED REPORTS AND PRODUCTS 129
:List Of Tables
Table 1. Snapshot of North America Pharmacy Automation Systems Market, 2016-2025 13 Table 2. Main Product Trends and Market Opportunities in North America Pharmacy Automation Systems Market 26 Table 3. North America Pharmacy Automation Systems Market in Hospital Pharmacies by Application, 2016-2025, % of Revenue 39 Table 4. North America Pharmacy Automation Systems Market in Hospital Pharmacies by Application, 2016-2025, $ mn 39 Table 5. North America Pharmacy Automation Systems Market in Retail Pharmacies by Store Type, 2016-2025, % of Revenue 43 Table 6. North America Pharmacy Automation Systems Market in Retail Pharmacies by Store Type, 2016-2025, $ mn 43 Table 7. Main Product Offering of Key AMDS Vendors 54 Table 8. North America Centralized AMDS Market by System Type, 2016-2025, % of Revenue 57 Table 9. North America Centralized AMDS Market by System Type, 2016-2025, $ mn 57 Table 10. North America Decentralized AMDS Market by System Type, 2016-2025, % of Revenue 59 Table 11. North America Decentralized AMDS Market by System Type, 2016-2025, $ mn 59 Table 12. North America Automated Packaging and Labeling Systems Market by Dosage, 2016-2025, % of Revenue 62 Table 13. North America Automated Packaging and Labeling Systems Market by Dosage, 2016-2025, $ mn 62 Table 14. North America Automated Drug Compounding Devices Market by Formulation Form, 2016-2025, % of Revenue 67 Table 15. North America Automated Drug Compounding Devices Market by Formulation Form, 2016-2025, $ mn 67 Table 16. North America Pharmacy Automation Systems Market by Country, 2014-2025, $ mn 71 Table 17. U.S. Pharmacy Automation Systems Market by End-user, 2016-2025, $ mn 75 Table 18. U.S. Pharmacy Automation Systems Market by Product, 2016-2025, $ mn 75 Table 19. Canada Pharmacy Automation Systems Market by End-user, 2016-2025, $ mn 78 Table 20. Canada Pharmacy Automation Systems Market by Product, 2016-2025, $ mn 78 Table 21. Risk Evaluation for Investing in North America Market, 2016-2025 124 Table 22. Critical Success Factors and Key Takeaways 127
:List Of Figures
Figure 1. Research Method Flow Chart 7 Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 10 Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2016-2025 12 Figure 4. North America Pharmacy Automation Systems Market by Revenue, 2014-2025, $ bn 14 Figure 5. Structure and Segments of North America Pharmacy Automation Systems Market 16 Figure 6. Primary Drivers and Impact Factors of North America Pharmacy Automation Systems Market 17 Figure 7. Primary Restraints and Impact Factors of North America Pharmacy Automation Systems Market 22 Figure 8. Porter’s Fiver Forces Analysis of North America Pharmacy Automation Systems Market 30 Figure 9. Breakdown of North America Pharmacy Automation Systems Market by End-user, 2016-2025, % of Revenue 35 Figure 10. 2014-2025 Revenue Growth Rates of North America Sub-markets by End-user 35 Figure 11. Contribution to North America 2017-2025 Cumulative Revenue by End-user, Value ($ mn) and Share (%) 36 Figure 12. North America Market of Pharmacy Automation Systems in Hospital Pharmacies, 2014-2025, $ mn 39 Figure 13. North America Market of Pharmacy Automation Systems in Retail Pharmacies, 2014-2025, $ mn 43 Figure 14. North America Market of Pharmacy Automation Systems in Pharmacy Benefit Management Organizations, 2014-2025, $ mn 47 Figure 15. North America Market of Pharmacy Automation Systems in Other End-users, 2014-2025, $ mn 48 Figure 16. Breakdown of North America Pharmacy Automation Systems Market by Product, 2016-2025, % of Revenue 50 Figure 17. 2014-2025 Revenue Growth Rates of North America Sub-markets by Product 50 Figure 18. Contribution to North America 2017-2025 Cumulative Revenue by Product, Value ($ mn) and Share (%) 51 Figure 19. North America Automated Medication Dispensing Systems Market by Revenue, 2014-2025, $ bn 53 Figure 20. Breakdown of North America Automated Medication Dispensing Systems Market by Product, 2016-2025, % of Revenue 53 Figure 21. North America Centralized Automated Medication Dispensing Systems Market, 2014-2025, $ mn 56 Figure 22. North America Decentralized Automated Medication Dispensing Systems Market, 2014-2025, $ mn 58 Figure 23. North America Automated Storage and Retrieval Systems Market by Revenue, 2014-2025, $ mn 60 Figure 24. North America Automated Packaging and Labeling Systems Market by Revenue, 2014-2025, $ mn 61 Figure 25. North America Table-top Tablet Counters Market by Revenue, 2014-2025, $ mn 64 Figure 26. North America Automated Drug Compounding Devices Market by Revenue, 2014-2025, $ mn 67 Figure 27. North America Market of Other Pharmacy Automation Systems by Revenue, 2014-2025, $ mn 69 Figure 28. North American Pharmacy Automation Systems Market by Revenue, 2014-2025, $ mn 71 Figure 29. Breakdown of North America Pharmacy Automation Systems Market by Country, 2016 and 2025, % of Revenue 72 Figure 30. 2014-2025 Revenue Growth Rates of National Markets in North America 72 Figure 31. Contribution to North America 2017-2025 Cumulative Revenue by Country, Value ($ mn) and Share (%) 73 Figure 32. U.S. Pharmacy Automation Systems Market, 2014-2025, $ mn 74 Figure 33. Canada Pharmacy Automation Systems Market, 2014-2025, $ mn 77 Figure 34. Growth Stage of North America Pharmacy Automation Systems Industry over the Forecast Period 79 Figure 35. Yaskawa Revenue by Business Segment, 2013 and 2014, % 118 Figure 36. Yaskawa Revenue by Region in 2015, % 119
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 Health Robotics SRL Innovation Associates, Inc. InterMetro Industries Corporation McKesson Corporation Medacist Solutions Group, LLC. Omnicell, Inc Parata Systems Pearson Medical Technologies, LLC Pharmacy Automation Systems LLC RxMedic Systems, Inc. Rxsafe, LLC Scriptpro LLC Swisslog Holding AG Talyst, LLC TCGRX Pharmacy Workflow Solutions Willach Pharmacy Solutions GmbH Yaskawa Electric Corp. Yuyama