Pharmaceutical repackaging is the act of transferring specified doses of a medication from a manufacturer’s primary container into another primary container. Factors such as increased awareness of automated systems in developed economies, significant cost savings achieved in hospital pharmacies, and increased patient compliance for unit dose packaging are driving the market growth of the pharmacy repackaging systems market globally.
The report titled “Pharmacy Repackaging Systems Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025” offers strategic insights into the overall pharmacy repackaging systems market, along with the market size and estimates for the duration of 2015–2025. The research study covers an in-depth analysis of market segments based on the type of product, type of dosage, and different geographical regions.
In order to help strategic decision-makers, the report also includes sections on the competitive profiling of the leading players in the global pharmacy repackaging systems market, an attractive investment proposition, and the market positioning of key manufacturers. Other in-depth analysis provided in the report includes:
Geographically, the global pharmacy repackaging systems market is studied for the following regional markets:
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
The market size and forecast for these regional and country-level markets are presented in this study for the period 2015–2025. Market growth rates for the forecast period 2017–2025 are also included in this report, considering 2016 as the base year.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for a better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges, and opportunities assists the readers in understanding the ongoing trends in the global pharmacy repackaging systems market.
Tools such as key player market positioning and appealing investment propositions provide readers with insights into the competitive landscape of the global pharmacy repackaging systems market.
This report concludes with a company profiles section that highlights major information about the key players engaged in the global pharmacy repackaging systems market. In-depth competitive environment analysis and historical year (2015) market size data are also provided in the report.
Thus, the research study provides a holistic view of the global pharmacy repackaging systems market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above-mentioned factors.
Based on product type, the global pharmacy repackaging systems market is segmented as follows:
Liquid Medication Packaging Systems
- Oral Liquid Filling System
- Vial Filling System
- Syringe Filling System
solid medication packaging systems
- blister card packaging systems
- Pouch Packaging Automation Systems
Pharmaceutical repackaging is the process of transferring specific doses of a medication from a manufacturer’s primary container into a secondary container, usually of a smaller size, for use by patients and/or dispensing institutions.
Factors such as an increase in awareness of automated systems in developed economies, significant cost savings achieved in hospital pharmacies, and an increase in dosage accuracy are driving the market growth of the pharmacy repackaging systems market worldwide. Pharmaceutical repackaging is performed for different types of drug forms, such as tablets, capsules, pills, sterile products, liquids, ointments, etc.
It is observed that, in the base year 2016, solid medication packaging systems were the largest revenue-generating segment, and it is anticipated that they will show significant growth during the forecast period because they improve patient adherence by clearly organizing and labeling multiple medications. Blister card packaging systems are the most commonly used in the market for solid medication packaging systems because they allow caregivers and elderly patients to administer daily doses more easily at home or in long-term care facilities.
Based on dosage type, the global pharmacy repackaging systems market is segmented as follows:
- Unit Dose Packaging
- Multiple Unit Packaging
Pharmaceutical repackaging, an emerging industry, involves the transfer of medication from larger bulk containers into smaller, ready-to-dispense quantities. Many companies that repackage pharmaceuticals do a wide variety of repackaging operations, such as single-to-multiple, multiple-to-single, multiple-to-multiple, unit-dose, and convenience kits.
Factors such as an increase in awareness of automated systems in developed economies, a reduction in dispensing errors, increased patient compliance, a significant reduction in cost, increased efficiency, and a reduction in preparation time are influencing the growth of the pharmacy repackaging systems market globally. For the purpose of this study, the market is categorized on the basis of dosage types, such as unit dose packaging and multiple unit packaging.
It is observed that, in the base year 2016, unit dose packaging was the largest revenue contributor as an increase in safety, the preferred method of drug distribution according to the ASHP (American Society of Hospital Pharmacists), higher convenience, and the preferred method of drug distribution in many hospitals are driving the growth of the unit dose packaging market globally. However, some factors, such as the higher cost of repackaging equipment, the labor required to prepare and deliver unit-dose items, and the additional training required to repackage drugs not available commercially in unit-dose form, may hinder the growth of the unit-dose packaging market.
For the purpose of this study, the global pharmacy repackaging systems market is categorized into three segments:
- North America
- Asia Pacific
- Latin America (LATAM)
- Middle East and Africa (MEA)
In the base year 2016, North America dominated the global pharmacy repackaging systems market, generating more than 35% of total revenue. The United States is the largest regional market in North America in terms of revenue due to factors such as an increase in awareness about the benefits of automated systems in hospital pharmacies, stringent regulations leading to accurate dosage, technological advances, and a higher demand for unit dose packs.
These factors are driving the growth of the pharmacy repackaging systems market in North America. Europe is the second largest revenue-generating regional market for pharmacy repackaging systems. The U.K., Germany, and France are major revenue-contributing countries in Europe. Currently, the Middle East and Africa hold the smallest market share due to a lack of awareness about the benefits of automated pharmacies. The higher cost of implementation of pharmacy repackaging systems, which may be unaffordable in some Middle Eastern and African countries, may also negatively impact the growth of the pharmacy repackaging systems market. It is anticipated that Asia Pacific will experience growth during the forecast period due to continuous development in economic conditions, increasing demand for unit-dose packaging, and developing healthcare infrastructure, which will contribute to market growth in Asia Pacific during the forecast period.