Russia Pharmacy Automation Systems Market Outlook (2018 to 2032)
Synopsis
The above chart is Russia Pharmacy Automation Systems Market Outlook (2018 to 2032)
Market Dynamics
the demand for automation in russia’s pharmacy market is rising due to the country’s increasing population and economic growth. automation has the potential to help improve safety, efficiency, and profitability in pharmacy markets. automation is being adopted by pharmacies to reduce administrative and operational tasks, improve inventory management, and reduce medication errors.
russian pharmacy automation systems market is driven by factors such as a growing elderly population, focus on digital transformation, rising demand for e-pharmacy and m-pharmacy services, growing investments in healthcare it solutions and rising acceptance of cloud computing solutions. the trends also suggest that the demand for pharmacy automation systems is expected to rise in the overall healthcare and pharmacy landscape of the region.
for instance, in 2017 pharmacy automation systems accounted for almost 50% of the revenue of the russian healthcare it market. a key factor driving the demand for pharmacy automation systems is the evolving e-prescribing and e-commerce solutions, which allow pharmacies to sell medications online.
regulatory changes in the country are creating new opportunities for automation solutions. the russian government has implemented various measures to improve the quality and safety of medical services in the country, thereby increasing the demand for advanced healthcare and medical it solutions.
the russian pharmacy automation systems market is fragmented and characterized by the presence of several players offering advanced solutions such as inventory management systems, barcode-based dispensing systems, electronic prescribing systems, central pharmacy systems, and pharmacy kiosks. these players are focused on offering solutions to meet the ever-evolving requirements of hospitals, healthcare providers, and pharmacies in the region. leading players in the russian pharmacy automation systems market include soft-point, softinfotech, and pharmalive.
the growing investments in healthcare it solutions in the country have also been instrumental in driving the growth of the pharmacy automation systems market in russia. the country’s healthcare it market is expected to witness a cagr of 12.7% from 2018 to 2032. all these factors are expected to create a positive influence on the development of the pharmacy automation systems market in russia in the coming years.
