Strategic Partnerships and Alliances Encouraging Growth opportunities in the Outpatient Pharmacy Automation Market in the US: Technavio Report

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London, 18 June 2015: Technavio, the independent tech-focused global research firm, has published a report on the outpatient pharmacy automation market in the US 2015-2019, which is expected to grow at a CAGR of 4.29% during the period of 2014-2019.

“Many manufacturers organize workshops and conduct meetings with end-users to promote pharmacy automation systems, collect feedback, and offer customized solutions,” says Faisal Ghaus, Vice President of Technavio.

“For instance, McKesson has formed a partnership with Health Mart, a national network of more than 3,500 independently owned pharmacies.”

Key Market Drivers

  • Rise in Integrated and Efficient Drug-Management Systems
  • Reduced Inventory Overheads
  • Rise in Value-Added Services
  • Rise in Independent Pharmacies

Key Market Trends

  • Growing Rental Business
  • Creation of Valuable Partnerships
  • Promotion of E-prescriptions

Key Market Vendors

  • CareFusion Corp. (acquired by Becton, Dickinson and Co., or BD)
  • McKesson Corp.
  • Parata Systems LLC
  • ScriptPro LLC

To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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