Market revenue in 2023 | USD 441.2 million |
Market revenue in 2030 | USD 850.5 million |
Growth rate | 9.8% (CAGR from 2023 to 2030) |
Largest segment | Retail pharmacies |
Fastest growing segment | Retail Pharmacies |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Retail Pharmacies |
Key market players worldwide | McKesson Corp, HealthMark Group, Thornburg Small/Mid Cap Growth R4, ScriptPro, Omnicell Inc, iA Financial Corp Inc |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to high volume dispensing systems market will help companies and investors design strategic landscapes.
Retail pharmacies was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific high volume dispensing systems market based on retail pharmacies covering the revenue growth of each sub-segment from 2018 to 2030.
Rising shortage of pharmacists coupled with increasing burden of medication overstocking in hospitals and pharmacies is one of the factors expected to drive the demand for high volume dispensing systems in the region.
In addition, according to a study published in NCBI in 2016, a large variation has been seen in the consumption of generic and branded medicines in the region, which may lead to stock outs of essential medicines while some unused medicines expire.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific high volume dispensing systems market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific high volume dispensing systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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