Dublin, Jan. 26, 2024 (GLOBE NEWSWIRE) -- The "Global Automated Compounding Devices Market by Component (ACD Equipment, ACD Software), Product Type (Intravenous Compounding Systems, Oral Compounding Systems, TPN Compounding Systems), Application, End-User - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
This report provides a comprehensive analysis of key growth dynamics and market trends. With an estimated market size of USD 2.32 billion in 2023, and expected to reach USD 4.69 billion by 2030, the sector is witnessing unprecedented expansion, growing at a CAGR of 10.52%.
Market Drivers and Regional Insights
The automated compounding devices market is experiencing robust growth, driven by the escalating need for safety and efficiency in drug preparation practices across healthcare settings. These sophisticated systems are paramount for ensuring precision in the creation of customized medication dosages, addressing the growing trend towards personalized medicine and augmenting patient care standards.
In the Americas, the market's progress is significantly attributed to advancements in healthcare infrastructure and regulatory environments in the United States and Canada. Europe's market thrives on stringent medication preparation protocols and technology integration in healthcare systems, with Germany, France, the United Kingdom, and Italy leading adoption rates.
Emerging markets in the Asia-Pacific region, including China, Japan, and India, are identified as lucrative growth hotspots, backed by evolving healthcare infrastructure and rising healthcare expenditure.
Competitive Landscape and Key Segments
The FPNV Positioning Matrix and Market Share Analysis included in the report serve as crucial tools for stakeholders, providing a granular view of vendor positioning and competitive dynamics within the market.
- Component: A breakdown between Automated Compounding Devices (ACD) Equipment and ACD Software.
- Product Type: Segmentation into Intravenous, Oral, and TPN Compounding Systems.
- Application: Coverage of various applications such as Antibiotic, Chemotherapy, and Nutrient Compounding.
- End-User: Analysis across Ambulatory Surgical Centers, Hospitals, and Pharmacies.
- Region: In-depth insights into the Americas, Asia-Pacific, and Europe, Middle East & Africa.
The research identifies critical segments and scrutinizes intricate market developments, offering stakeholders a strategic edge in this burgeoning sector.
Key Company Profiles
The report highlights influential vendors leading the Automated Compounding Devices Market with technological innovations and strategic advancements. These key players are steering the market forward with developments in product portfolios and market footprint expansion.
Strategic Market Analysis
The report's extensive coverage provides stakeholders with crucial insights into potential market entry points and growth strategies. It details:
- Market Penetration of key products and technologies.
- Emerging Markets Development poised for entry.
- Competitive Assessment and Market Diversification strategies.
- Product Development and Innovation trends shaping the market.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 190 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $2.56 Billion |
| Forecasted Market Value (USD) by 2030 | $4.69 Billion |
| Compound Annual Growth Rate | 10.5% |
| Regions Covered | Global |
Companies Mentioned
- Amerisource Bergen Corporation
- ARxIUM Inc.
- B. Braun SE
- Baxter Healthcare Corporation
- Becton, Dickinson and Company
- Cantel Medical Corp.
- CapsulCN International Co., Ltd.
- Codonics Inc.
- Fagron N.V.
- ForHealth Technologies
- Fresenius Kabi AG
- Grifols International S.A.
- Health Robotics SRL
- Loccioni Group
- McKesson Corporation
- Meditecno S.r.l.
- Medtronic PLC
- Omnicell, Inc.
- Quirem Medical B.V.
- ScriptPro LLC
- Talyst LLC
- Tecan Group Ltd.
- Terumo Corporation
- Yuyama Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/spih50
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