This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Global Pharmacy Automation Market 2012-2016 With McKesson Corp., ScriptPro LLC, Parata Systems LLC Dominating

DUBLIN, April 10, 2013 /PRNewswire/ --

Research and Markets ( http://www.researchandmarkets.com/research/9vmddf/global_pharmacy) has announced the addition of the "Global Pharmacy Automation Market 2012-2016" report to their offering.

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769 )

TechNavio's analysts forecast the Global Pharmacy Automation market to grow at a CAGR of 8.63 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in technological innovations. The Global Pharmacy Automation market has also been witnessing an increase in customer support services. However, the intense competition among vendors could pose a challenge to the growth of this market.

The key vendors dominating this market space are McKesson Corp., ScriptPro LLC, Parata Systems LLC, and Swisslog Holdings AG.

The other vendors mentioned in the report are CareFusion Corp., PickPoint Corp., Omnicell Inc., AmerisourceBergen Corp., and Kirby Lester LLC.

Commenting on the report, an analyst from TechNavio's Healthcare team said: "increasing customer support services is one of the emerging trends in the Global Pharmacy Automation market. The vendors in the Global Pharmacy Automation market are providing all-inclusive customer support packages with the purchase or rental of pharmacy automation systems. Staff technicians are available toll-free 24 hours a day, 365 days a year for personalized technical support and operational guidance. Some of the vendors provide automated updates of the software and drug database which are included in the support package. Vendors are offering the end-users with several maintenance and post-purchase services to retain the customer base and to remain competitive in the market.

According to the report, the increase in technological innovations is one of the major drivers in the Global Pharmacy Automation market. The demand for pharmacy automation products has increased significantly due to the technological advancements and sophisticated approaches in healthcare industry. Ongoing innovations are contributing to various healthcare operations on a regular basis. There has been increased emphasis on improving medication distribution by the companies and the pharmacies have become more receptive in accepting the same. The market is also expected to be driven by the introduction of advanced robotic prescription dispensing systems, central-fill systems, electronic-prescribing (e-prescribing), telehealth and automated kiosks during the forecast period.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,172.68 -107.06 -0.62%
S&P 500 1,994.29 -16.11 -0.80%
NASDAQ 4,527.6890 -52.10 -1.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs