The global Automated Compounding System Market is expected to be around US$ 6 Billion by 2028 at a CAGR of 7.3% in the given forecast period.
An automated compounding system is a device that aseptically combines one or more drug solutions to a final container for patient administration. Automated Compounding System helpful in avoiding medication error which can occur due to a variety of factors such as poor order communication between the physician and pharmacist, dangerous storage practices in pharmacies, and confusion arising out of the use of similar labels.
Market growth can be attributed to the growing need to minimize medication errors, rapid decentralization of pharmacies, rising geriatric population and rising labour cost. On the other hand, reluctance among the healthcare organizations to adopt pharmacy automation systems is expected to restrain the overall market growth.
The global Automated Compounding System market is segregated on the basis of Type as Gravimetric Automated Compounding System and Volumetric Automated Compounding System. Based on End-User the global Automated Compounding System market is segmented in Hospitals, Chemotherapy Centres, and Others.
The global Automated Compounding System market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automated Compounding System market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Baxter, COMECER, ICU Medical, Omnicell, Grifols, Equashield, B. Braun Holding, ARxIUM, and others are among the major players in the global Automated Compounding System market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Automated Compounding System Market has been segmented as below:
Automated Compounding System Market, By Type
Automated Compounding System Market, By End-User
Automated Compounding System Market, By Region
Automated Compounding System Market, By Company
The report covers:
Report Scope:
The global Automated Compounding System market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automated Compounding System market share. Major industry players with significant revenue share include Baxter, COMECER, ICU Medical, Omnicell, Grifols, Equashield, B. Braun Holding, ARxIUM, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Automated Compounding System Market, By Type
5.1 Introduction
5.2 Gravimetric Automated Compounding System
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Volumetric Automated Compounding System
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Automated Compounding System Market, By End-User
6.1 Introduction
6.2 Hospitals
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Chemotherapy Centres
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Others
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Automated Compounding System Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Automated Compounding System, By Type
7.2.2 North America Automated Compounding System, By End-User
7.3 Europe
7.3.1 Europe Automated Compounding System, By Type
7.3.2 Europe Automated Compounding System, By End-User
7.4 Asia-Pacific
7.4.1 Asia-Pacific Automated Compounding System, By Type
7.4.2 Asia-Pacific Automated Compounding System, By End-User
7.5 Rest of the World
7.5.1 Rest of the World Automated Compounding System, By Type
7.5.2 Rest of the World Automated Compounding System, By End-User
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 Baxter
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 COMECER
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 ICU Medical
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Omnicell
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Grifols
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Equashield
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 B. Braun Holding
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 ARxIUM
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
The Automated Compounding System Market has been segmented as below:
Automated Compounding System Market, By Type
Automated Compounding System Market, By End-User
Automated Compounding System Market, By Region
Automated Compounding System Market, By Company
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