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ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET FORECAST 2021-2028

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ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET FORECAST 2021-2028

The Asia-Pacific pharmacy automation equipment market is forecasted to develop with a CAGR of 9.11% over the estimated years of 2021 to 2028. Factors such as product developments by market players, the significant prospects offered by machine learning and artificial intelligence, the rising geriatric population, and the surging incidence of chronic diseases are expected to fuel the regional market’s growth.

ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET FORECAST 2021-2028

Asia-Pacific Pharmacy Automation Equipment Market by Product (Automated Medication Dispensing System, Automated Packaging and Labeling System, Automated Table-top Counter, Automated Storage and Retrieval System, Other Products) Market by End-user (Retail Pharmacy, Hospital Pharmacy, Other End-users) by Geography

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The Asia-Pacific pharmacy automation equipment market is forecasted to develop with a CAGR of 9.11% over the estimated years of 2021 to 2028. Factors such as product developments by market players, the significant prospects offered by machine learning and artificial intelligence, the rising geriatric population, and the surging incidence of chronic diseases are expected to fuel the regional market’s growth.

asia-pacific-pharmacy-automation-equipment-market

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The Asia-Pacific pharmacy automation equipment market growth analysis entails the study of Singapore, China, India, South Korea, Thailand, Japan, Australia & New Zealand, Indonesia, and Rest of Asia-Pacific. According to the International Diabetes Federation (IDF), in 2020, approximately 116.44 million adults in China, accounting for nearly 10.9% of the total adult population, had diabetes. As a result, the rising incidence of chronic conditions is a crucial factor indicating the increasing number of patients being admitted in the country. Consequently, this adds pressure to China’s pharmaceutical system, thus facilitating the demand for automated medication dispensing systems.

On the other hand, South Korea has continued to experience a rapidly aging population. For instance, as per Statistic Korea (2019), the population’s proportion aged 65 years and over rose to 14.3% in 2018 from 3.1% in 1970. Hence, the upsurge in the aging populace has significantly highlighted the need to offer facilities for effective disease diagnosis as well as treatment. Therefore, these factors are set to drive the Asia-Pacific pharmacy automation equipment market growth during the forecasted period.

Yuyama Co Ltd is mainly involved in the manufacture, development, and sale of sterilizers for hospitals, dispensing equipment, electronic medical record systems, clinics, and insurance pharmacies. It also distributes insurance pharmacy systems, autoclave machines, medication packing machines, and fully automatic dispensing ampule machines, in addition to providing other medical equipment to clinics, pharmacies, and hospitals. The company is headquartered in Japan.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • USAGE OF AUTOMATED MEDICATION DISPENSING SYSTEMS TO MINIMIZE MEDICATION ERRORS
        • DEMAND FOR SPECIALTY DRUGS DUE TO INCREASE IN COMPLEX, CHRONIC, AND RARE DISEASES
        • DECENTRALIZATION OF PHARMACIES
      • KEY RESTRAINTS
        • DIFFICULTIES ASSOCIATED WITH OPERATING AUTOMATED DISPENSING SYSTEMS
        • RELUCTANCE TO ADOPT PHARMACY AUTOMATION SYSTEMS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON PHARMACY AUTOMATION EQUIPMENT MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRY
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY PRODUCT
      • AUTOMATED MEDICATION DISPENSING SYSTEM
      • AUTOMATED PACKAGING AND LABELING SYSTEM
      • AUTOMATED TABLE-TOP COUNTER
      • AUTOMATED STORAGE AND RETRIEVAL SYSTEM
      • OTHER PRODUCTS
    3. MARKET BY END-USER
      • RETAIL PHARMACY
      • HOSPITAL PHARMACY
      • OTHER END-USERS
    4. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • AUSTRALIA & NEW ZEALAND
          • SOUTH KOREA
          • THAILAND
          • INDONESIA
          • SINGAPORE
          • REST OF ASIA-PACIFIC
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
      • COMPANY PROFILES
        • ACCU-CHART PLUS HEALTHCARE SYSTEM INC
        • ALIXARX
        • AMERISOURCEBERGEN
        • ARXIUM INC
        • AVERY WEIGH -TRONIX
        • BAXTER INTERNATIONAL INC
        • BECTON, DICKINSON AND COMPANY (BD)
        • CAPSA HEALTHCARE LLC
        • CERNER CORPORATION
        • MCKESSON CORPORATION
        • NEWLCON OY
        • OMNICELL INC
        • PARATA SYSTEMS LLC
        • PEARSON MEDICAL TECHNOLOGIES
        • PERCEPTIMED INC
        • RXSAFE LLC
        • SCRIPTPRO LLC
        • SWISSLOG HOLDINGS AG
        • YUYAMA CO LTD

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – PHARMACY AUTOMATION EQUIPMENT

    TABLE 2: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY PRODUCT, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: LEADING PLAYERS OPERATING IN ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET

    TABLE 9: LIST OF MERGERS & ACQUISITIONS

    TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 12: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY PRODUCT, IN 2020

    FIGURE 6: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED MEDICATION DISPENSING SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 7: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED PACKAGING AND LABELING SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 8: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED TABLE-TOP COUNTER, 2021-2028 (IN $ MILLION)

    FIGURE 9: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED STORAGE AND RETRIEVAL SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 10: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY OTHER PRODUCTS, 2021-2028 (IN $ MILLION)

    FIGURE 11: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY END-USER, IN 2020

    FIGURE 12: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY RETAIL PHARMACY, 2021-2028 (IN $ MILLION)

    FIGURE 13: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY HOSPITAL PHARMACY, 2021-2028 (IN $ MILLION)

    FIGURE 14: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)

    FIGURE 15: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 16: CHINA PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 17: JAPAN PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 18: INDIA PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 19: AUSTRALIA & NEW ZEALAND PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 20: SOUTH KOREA PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 21: THAILAND PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 22: INDONESIA PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 23: SINGAPORE PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 24: REST OF ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • ASIA-PACIFIC
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • AUSTRALIA & NEW ZEALAND
          • SOUTH KOREA
          • THAILAND
          • INDONESIA
          • SINGAPORE
          • REST OF ASIA-PACIFIC
    1. MARKET BY PRODUCT
      • AUTOMATED MEDICATION DISPENSING SYSTEM
      • AUTOMATED PACKAGING AND LABELING SYSTEM
      • AUTOMATED TABLE-TOP COUNTER
      • AUTOMATED STORAGE AND RETRIEVAL SYSTEM
      • OTHER PRODUCTS
    2. MARKET BY END-USER
      • RETAIL PHARMACY
      • HOSPITAL PHARMACY
      • OTHER END-USERS

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