Showing posts with the label europe pharmacy automation market share

A Comprehensive Study on Europe Pharmacy Automation Market

Introduction Europe  pharmacy automation market is projected to grow at a CAGR of 5.92% during the forecast period to reach a total market size of US$1.905 billion in 2022 from US$1.349 billion in 2016.    Rising healthcare costs is the major factor driving the demand for pharmacy automation in Europe. Growing focus on disease prevention and management, coupled with an increasing need for reducing medication errors is further escalating the demand for pharmacy automation solutions and services in the region. Countries such as Spain and France have the strictest level of regulation regarding pharmacy and healthcare facilities.                           Stringent Regulatory standards - Market Driver Stringent regulations in pharmacy industry  are fuelling the growth of Europe pharmacy automation market. Regulatory standards set for the manufacturing and distribution of drugs and medicines is boosting the need for automation in pharmacy industry to eliminate the chances of