Market Overview:
The global automated compounding system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for compounded drugs, technological advancements in automated compounding systems, and rising number of hospitals and chemotherapy centers. Based on type, the global automated compounding system market is segmented into gravimetric automated compounding system and volumetric automated compounding system.
Product Definition:
An automated compounding system is a pharmacy device that mixes medications and delivers them to a patient. The importance of an automated compounding system is that it ensures accuracy in medication dosages, which can be critical in the treatment of patients.
Gravimetric Automated Compounding System:
Gravimetric automated compounding system is a device used to measure the mass or volume of raw materials entering and leaving the mixing chamber. It is an important tool in process industries such as pharmaceuticals, chemicals, food & beverage processing and petroleum refining where quality control is of prime importance.
Volumetric Automated Compounding System:
The volumetric automated compounding system is used to mix, dissolve, stir or homogenize the reactants and/or products in a pre-assigned volume. It's major applications include pharmaceuticals & fine chemicals, food additives and fertilizers manufacturing.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is expected to witness significant growth over the forecast period. Other applications include diagnostic laboratories, veterinary hospitals, clinics and other outpatient facilities. Automated compounding system finds wide applications in these institutions as it helps reduce labor costs while increasing accuracy of drug dosage.
Automated compounding system finds extensive usage in chemotherapy centers as they are highly automated systems that require minimal human intervention during compound preparation process. These systems ensure high quality standards are met while reducingPrep Time (the time taken from raw material addition to final product dispensing), which results in shorter treatment duration at a cost-effective price point for patients without compromising on efficacy or quality.
Increasing demand for compounded drugs due to their low cost, easy availability and convenience has been driving the market growth across various regions of the world including North America, Europe & Asia Pacific etc.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing R&D investments by key players, rising adoption of technologically advanced products, and high healthcare expenditure in this region. In addition, growing focus on quality standards and initiatives undertaken by regulatory bodies to ensure patient safety are expected to drive demand for automated systems over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to factors such as improving healthcare infrastructure due to government funding and private investment along with increasing awareness about new treatment options offered by these automated systems among patients & physicians.
Growth Factors:
- Increasing demand for better and faster patient care
- Rising geriatric population
- Technological advancements in the field of automated compounding system
- Growing number of hospitals and pharmacies adopting automated compounding system
- Increasing awareness about the benefits of using automated compounding system
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated Compounding System Market Research Report
By Type
Gravimetric Automated Compounding System, Volumetric Automated Compounding System
By Application
Hospitals, Chemotherapy Centers, Others
By Companies
Baxter, COMECER, ICU Medical, Omnicell, Grifols, Equashield, B. Braun Holding, ARxIUM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Automated Compounding System Market Report Segments:
The global Automated Compounding System market is segmented on the basis of:
Types
Gravimetric Automated Compounding System, Volumetric Automated Compounding System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Chemotherapy Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baxter
- COMECER
- ICU Medical
- Omnicell
- Grifols
- Equashield
- B. Braun Holding
- ARxIUM
Highlights of The Automated Compounding System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gravimetric Automated Compounding System
- Volumetric Automated Compounding System
- By Application:
- Hospitals
- Chemotherapy Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automated Compounding System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automated compounding system (ACS) is a computerized system that calculates and compounds interest on loans. The ACS can also automatically calculate loan payments, create loan reports, and provide other financial management services.
Some of the key players operating in the automated compounding system market are Baxter, COMECER, ICU Medical, Omnicell, Grifols, Equashield, B. Braun Holding, ARxIUM.
The automated compounding system market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automated Compounding System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automated Compounding System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automated Compounding System Market - Supply Chain
4.5. Global Automated Compounding System Market Forecast
4.5.1. Automated Compounding System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automated Compounding System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automated Compounding System Market Absolute $ Opportunity
5. Global Automated Compounding System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automated Compounding System Market Size and Volume Forecast by Type
5.3.1. Gravimetric Automated Compounding System
5.3.2. Volumetric Automated Compounding System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automated Compounding System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automated Compounding System Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Chemotherapy Centers
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automated Compounding System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automated Compounding System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automated Compounding System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automated Compounding System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automated Compounding System Demand Share Forecast, 2019-2026
9. North America Automated Compounding System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automated Compounding System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automated Compounding System Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Chemotherapy Centers
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automated Compounding System Market Size and Volume Forecast by Type
9.7.1. Gravimetric Automated Compounding System
9.7.2. Volumetric Automated Compounding System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automated Compounding System Demand Share Forecast, 2019-2026
10. Latin America Automated Compounding System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automated Compounding System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automated Compounding System Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Chemotherapy Centers
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automated Compounding System Market Size and Volume Forecast by Type
10.7.1. Gravimetric Automated Compounding System
10.7.2. Volumetric Automated Compounding System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automated Compounding System Demand Share Forecast, 2019-2026
11. Europe Automated Compounding System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automated Compounding System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automated Compounding System Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Chemotherapy Centers
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automated Compounding System Market Size and Volume Forecast by Type
11.7.1. Gravimetric Automated Compounding System
11.7.2. Volumetric Atomated Compounding System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automated Compounding System Demand Share, 2019-2026
12. Asia Pacific Automated Compounding System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automated Compounding System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automated Compounding System Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Chemotherapy Centers
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automated Compounding System Market Size and Volume Forecast by Type
12.7.1. Gravimetric Automated Compounding System
12.7.2. Volumetric Automated Compounding System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automated Compounding System Demand Share, 2019-2026
13. Middle East & Africa Automated Compounding System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automated Compounding System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automated Compounding System Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Chemotherapy Centers
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automated Compounding System Market Size and Volume Forecast by Type
13.7.1. Gravimetric Automated Compounding System
13.7.2. Volumetric Automated Compounding System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automated Compounding System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automated Compounding System Market: Market Share Analysis
14.2. Automated Compounding System Distributors and Customers
14.3. Automated Compounding System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Baxter
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. COMECER
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ICU Medical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Omnicell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Grifols
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Equashield
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. B. Braun Holding
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ARxIUM
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
