Pharmaceutical repacking is removing a drug product from the original container and repack into small or as per unit requirement without any further manipulation of the product or drug. Repackaging also includes the act of placing the contents of multiple containers of the same finished drug product into single packing.
Many people’s die due to medical errors, by keeping the patient safety in mind pharmacists are involving automation in drug and product processing system.The different types of pharmaceutical packing system are ampoules, vials, blister packs, Bottles and Sachet packaging. The most widely blister packing system used for repacking the pharmaceutical drug or product. A preform foil used in blister packing, this foil can be easily punctured by hand. This repacking system allowed easy administration and reduce the dispensing.
The pharmacy repacking system market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global pharmacy repacking systemmarket is growing at a fast pace and increasing its geographical footprint rapidly. The global pharmacy repacking systemmarket is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.
The growth is comparatively higher in North America and Europe region due to awareness of innovative technology in health care and pharmaceutical processing. The major growth driver for pharmacy repacking system market globally is to increase the demand of unit base pharmaceutical drugs in hospital.
Pharmacy repacking systemenjoy wide usage across all major regions in the worldincluding Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and are hence responsible for the growth of pharmacy repacking system market globally. The leading suppliers and manufacturers global pharmacy repacking system market are Becton Dickinson & Company, ARxIUM,Kirby Lester, Medical Packing Inc.,Paratasystems, Omnicell Inc.,Pearson Medical Technologies,Proficient Rx, Swisslog Holding Ltd.,Takazono corp.,TCGRx, Yuyamaco.Ltd,Tosho,Talyst,TCG Rx and others.
Research Methodology
The research procedure begins with the bifurcation of various market segments of global pharmacy repackaging system market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across pharmacy repackaging system industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)
By designation:
Top level (40%), Operation level (20%), Mid-level (40%)
Contents of the report:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook