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.

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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.

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