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This report offers strategic insights into the overall pharmacy repackaging systems market along with the market size and estimates for the duration 2020 to 2030. The research study covers in-depth analysis of market segments based on type of product, type of dosage, and different geographical regions.
Pharmaceutical repackaging is the act of transferring specified doses of a medication from a manufacturer's primary container into another primary container, usually of smaller size to use by patients and or dispensing institutions. Factors such as increase in awareness of automated systems in developed economies, significant cost saving achieve in hospital pharmacy and increase in dosage accuracy are driving the market growth of pharmacy repackaging systems market worldwide.
Pharmaceutical repackaging is perform for different type of drug form such as tablet, capsule, pills, sterile products, liquids, ointment etc. It is observed that, in the base year 2021, solid medication packaging systems is largest revenue generating segment and it is anticipated that it will show significant growth during forecast period because it improve patient adherence by clearly organizing and labeling multiple medications.
In solid medication packaging systems segment, blister card packaging systems most commonly used in market as it allows easier administration of daily doses for caregivers and elderly patients at home or in long term care facilities.
Pharmaceutical repackaging as an emerging industry, it involves transfer of medication from larger bulk containers into smaller, ready-to-dispense quantities. Many companies who repackage pharmaceuticals do a wide variety of repackaging operations such as single-to-multiple, multiple-to-single, multiple-to-multiple, unit-dose, convenience kits.
Factors such as increase in awareness of automated systems in developed economies, reduction in dispensing errors, increased patient compliance, significant reduction in cost, increased efficiency and reduction in preparation time are influencing the growth of pharmacy repackaging systems market globally.
For the purpose of study market is categorized on the basis of dosage type such as unit dose packaging and multiple unit packaging. It is observed that, in the base year 2021, unit dose packaging is largest revenue contributor as increase in safety, preferred method of drug distribution according to ASHP (American Society of Hospital Pharmacists), higher convenience and preferred method of drug distribution in many hospital are driving the growth of unit dose packaging market globally.
However, some factors such as higher cost of repackaging equipment, labor required to prepare and deliver unit dose items and additional training required to repackage drugs not available commercially in unit-dose form may hinder the growth of unit dose packaging market.
Companies Mentioned
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
Key Questions Answered in this report
Key Topics Covered:
1. Preface
2. Executive Summary
3. Pharmacy Repackaging Systems Market: Business Outlook & Market Dynamics
3.1. Introduction
3.2. Global Pharmacy Repackaging Systems Market Value, 2020 - 2030, (US$ Million)
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraints
3.3.3. Key Challenges
3.3.4. Key Opportunities
3.4. Impact Analysis of Drivers and Restraints
3.5. See-Saw Analysis
3.6. Porter's Five Force Model
3.7. PESTEL Analysis
4. Pharmacy Repackaging Systems Market: By Product, 2020-2030, USD (Million)
5. Pharmacy Repackaging Systems Market: By Dosage, 2020-2030, USD (Million)
6. North America Pharmacy Repackaging Systems Market, 2020-2030, USD (Million)
7. UK and European Union Pharmacy Repackaging Systems Market, 2020-2030, USD (Million)
8. Asia Pacific Pharmacy Repackaging Systems Market, 2020-2030, USD (Million)
9. Latin America Pharmacy Repackaging Systems Market, 2020-2030, USD (Million)
10. Middle East and Africa Pharmacy Repackaging Systems Market, 2020-2030, USD (Million)
11. Company Profile
For more information about this report visit https://www.researchandmarkets.com/r/wka0jp
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