Key Findings
The Asia-Pacific pharmacy automation equipment market is anticipated to register a CAGR of 9.11% during the forecast years of 2021 to 2028. The region’s market growth is propelled by the increasing prevalence of chronic diseases, product developments introduced by market players, the rising geriatric population, and the eminent prospects provided by machine learning and artificial intelligence.
Market Insights
The Asia-Pacific pharmacy automation equipment market growth study constitutes the analysis of China, India, Japan, Australia & New Zealand, South Korea, Singapore, Thailand, Indonesia, and Rest of Asia-Pacific. The Thai government intends the make Thailand a major destination for medical devices and pharmaceuticals, in addition to a world-class medical care provider. The growth in the country’s pharmaceutical industry is also a product of its compliance with the Pharmaceutical Inspection Cooperation Scheme’s manufacturing standards, responsible for establishing best practices in terms of the distribution and manufacture of medical products.
On the other hand, the surging incidence of chronic conditions leads to the increasing demand for the dispensation of medications for disease treatment in Australia. In this regard, based on the Australian Bureau of Statistics (ABS) 2017–18 National Health Survey’s self-reported data, approximately 6% of Australian adults aged 18 years and over were diagnosed with one or more conditions associated with the heart or vascular diseases, including strokes. Thus, such factors are expected to reinforce the Asia-Pacific pharmacy automation equipment market growth during the forecasting period.
Competitive Insights
Some of the leading companies operating in the market are Yuyama Co Ltd, Avery Weigh-Tronix, Baxter International Inc, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments