Pharmacy Automatic Market to Reach $3.9B by 2017

The global inpatient and outpatient pharmacy automatic market value is expected to reach nearly $3.9 billion in 2017 after growing at a CAGR of 8 percent, according to an Equities report.

Advertisement

New opportunities in various settings will continue to surface, from small private pharmacies to large hospital and mail-order service facilities. Many small, private pharmacies are still conducting operations through manual and semi-manual methods, particularly outside the United States.

More pharmacies will gain the opportunity to fully automate their processes in the next five years, as compliance with bar-coding standards and new tracking capabilities grows.

Related Articles on Transactions & Valuation:
CON Regulations by State: ASCs and the Limits on Expansion
Valuation Firm VMG Health Announces Two New Partners
Virtua Partners With New Jersey’s Ramapo Valley Surgical Center

Advertisement

Next Up in ASC Transactions & Valuation Issues

  • Nashville, Tenn.-based HCA Healthcare, Dallas-based United Surgical Partners International and Brentwood, Tenn.-based Surgery Partners, three of the largest ASC operators…

  • A group of nine founding orthopedic surgeons have opened an ASC in Gaithersburg, Md.  Watkins Mill Ambulatory Surgery Center includes…

Advertisement

Comments are closed.