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Medication Pouch Inspection Systems Market - Global Industry Analysis

Medication Pouch Inspection Systems Market - By Type (Table-Top And Automatic), Operating Speed (More Than 75 ppm, Between 50 And 75 ppm, And Below 50 ppm), Application (Mail Order Pharmacy, Long-Term Care Pharmacy, Hospital Pharmacy, and Retail Pharmacy): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 01-Oct-2020 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3929 Status : Published

According to the report published by Zion Market Research, global demand for the medication pouch inspection systems market was valued at approximately USD 29.00 Million in 2019 and is expected to generate revenue of around USD 49.70 Million by end of 2026, growing at a CAGR of around 8.0% between 2020 and 2026.

Description

According to the report published by Zion Market Research, global demand for the medication pouch inspection systems market was valued at approximately USD 29.00 Million in 2019 and is expected to generate revenue of around USD 49.70 Million by end of 2026, growing at a CAGR of around 8.0% between 2020 and 2026.

Global Medication Pouch Inspection Systems Market: Overview

Medication pouch inspection systems can inspect pouches rapidly with extremely high precision. The number of pouches that can be inspected every minute can go up to 300. The precision rate is estimated to be close to 98%, which translates to re-inspection of only about 2% of medication pouches manually. The demand and popularity of the medication pouch inspection systems market across the globe can be attributed to the rising automation trends due to the limited availability of skilled workforce and highly automated work requirements.

Global Medication Pouch Inspection Systems Market: Growth Factors

The major growth driver of the global medication pouch inspection systems market in the future is the growing automation trends due to the limited availability of skilled workforce and highly automated work requirements. Another factor anticipated to contribute notably toward the expansion of the medication pouch inspection systems market globally over the estimated timeframe is the various benefits of these systems, such as dispensing packaged tablets, spotting some errors while dispensing tablets for patients. Furthermore, medication pouch inspection systems reduce substantial amounts of manual inspection, which, in turn, reduces manual labor time along with lowering the chances of errors. This is projected to positively impact the market for medication pouch inspection systems in the years ahead.

However, huge capital investments for medication pouch inspection systems’ installation and the availability of cheaper labor options may hinder the growth of the medication pouch inspection systems market on a global scale over the estimated timeframe.

Global Medication Pouch Inspection Systems Market: Segmentation

The global medication pouch inspection systems market is categorized into type, operating speed, and application. By type, the medication pouch inspection systems market includes table-top and automatic. The table-top segment is estimated to grow considerably in the global market over the forecast timespan, owing to their ease to use apart from being more economical and compact in comparison to their automatic counterparts. The operating speed segment of the market includes more than 75 ppm, between 50 and 75 ppm, and below 50 ppm. On the basis of application, the market for medication pouch inspection systems is classified into mail-order pharmacy, long-term care pharmacy, hospital pharmacy, and retail pharmacy.

Global Medication Pouch Inspection Systems Market: Regional Analysis

By region, this global market is primarily divided into Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. The North American and European regions are projected to dominate the global medication pouch inspection systems market over the estimated time period. This regional growth can be attributed to the rising technological advancements and ease in operations provided by these medication pouch inspection systems. Moreover, the presence of well-developed healthcare facilities and infrastructure makes both the regions able to afford the huge capital investments needed for adopting these medication pouch inspection systems. The Asia Pacific medication pouch inspection systems market is likely to grow rapidly in the years ahead, owing to the availability of cheaper labor options, particularly in the developing nations, such as India and China.

Global Medication Pouch Inspection Systems Market: Competitive Players

Some important players of the medication pouch inspection systems market are PTI, Nireco, Global Factories, Parata Systems, ZiuZ Holding, ARxIUM, TCGRx, and JVM, among others.

Medication Pouch Inspection Systems Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.2.Report Scope
  • Chapter 2.Research Methodology
    • 2.1.Research Methodology
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Medication Pouch Inspection Systems Market, 2016 – 2026 (USD Million)
    • 3.2.Global Medication Pouch Inspection Systems Market: Snapshot
  • Chapter 4.Medication Pouch Inspection Systems Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.Driving Factor 1 Analysis
      • 4.2.2.Driving Factor 2 Analysis:
    • 4.3.Market Restraints
      • 4.3.1.Restraining Factor Analysis
    • 4.4.Market Opportunities
      • 4.4.1.Market Opportunity & Use-case Anaysis
      • 4.4.2.Use – Cases for Medication Pouch Inspection Systems
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
      • 4.6.1.1.Impact on Product Development and Technology Adoption
      • 4.6.1.2.Gap Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Medication Pouch Inspection Systems Market Attractiveness, By Type
    • 5.2.Global Medication Pouch Inspection Systems Market Attractiveness, By Operating Speed
    • 5.3.Global Medication Pouch Inspection Systems Market Attractiveness, By Application
    • 5.4.Global Medication Pouch Inspection Systems Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Medication Pouch Inspection Systems Market: Company Market Share, 2019
    • 6.2.Strategic Developments
  • Chapter 7.Medication Pouch Inspection Systems Market – Type Segment Analysis
    • 7.1.Global Medication Pouch Inspection Systems Market Overview: by Type
      • 7.1.1.Global Medication Pouch Inspection Systems Market Revenue Share, by Type, 2019 & 2026
    • 7.2.Global Medication Pouch Inspection Systems Market Analysis/Overview – By Type
      • 7.2.1.Table-Top – Overview/Analysis
      • 7.2.2.Automatic – Overview/Analysis
    • 7.3.Table-Top
      • 7.3.1.Global Medication Pouch Inspection Systems Market for Table-Top, Revenue (USD Million) 2016 - 2026
    • 7.4.Automatic
      • 7.4.1.Global Medication Pouch Inspection Systems Market for Automatic, Revenue (USD Million) 2016 - 2026
  • Chapter 8.Medication Pouch Inspection Systems Market – Operating Speed Segment Analysis
    • 8.1.Global Medication Pouch Inspection Systems Market Overview: by Operating Speed
      • 8.1.1.Global Medication Pouch Inspection Systems Market Revenue Share, by Operating Speed, 2019 & 2026
    • 8.2.Global Medication Pouch Inspection Systems Market Analysis/Overview – By Operating Speed
      • 8.2.1.more than 75 ppm – Overview/Analysis
      • 8.2.2.between 50 and 75 ppm – Overview/Analysis
      • 8.2.3.below 50 ppm – Overview/Analysis
    • 8.3.more than 75 ppm
      • 8.3.1.Global Medication Pouch Inspection Systems Market for more than 75 ppm, Revenue (USD Million) 2016 - 2026
    • 8.4.between 50 and 75 ppm
      • 8.4.1.Global Medication Pouch Inspection Systems Market for between 50 and 75 ppm, Revenue (USD Million) 2016 - 2026
    • 8.5.below 50 ppm
      • 8.5.1.Global Medication Pouch Inspection Systems Market for below 50 ppm, Revenue (USD Million) 2016 - 2026
  • Chapter 9.Medication Pouch Inspection Systems Market – Application Segment Analysis
    • 9.1.Global Medication Pouch Inspection Systems Market Overview: by Application
      • 9.1.1.Global Medication Pouch Inspection Systems Market Revenue Share, by Application, 2019 & 2026
    • 9.2.Global Medication Pouch Inspection Systems Market Analysis/Overview – By Application
      • 9.2.1.Mail Order Pharmacy – Overview/Analysis
      • 9.2.2.Long-Term Care Pharmacy – Overview/Analysis
      • 9.2.3.Hospital Pharmacy – Overview/Analysis
      • 9.2.4.Retail Pharmacy – Overview/Analysis
    • 9.3.Mail Order Pharmacy
      • 9.3.1.Global Medication Pouch Inspection Systems Market for Mail Order Pharmacy, Revenue (USD Million) 2016 - 2026
    • 9.4.Long-Term Care Pharmacy
      • 9.4.1.Global Medication Pouch Inspection Systems Market for Long-Term Care Pharmacy, Revenue (USD Million) 2016 - 2026
    • 9.5.Hospital Pharmacy
      • 9.5.1.Global Medication Pouch Inspection Systems Market for Hospital Pharmacy, Revenue (USD Million) 2016 - 2026
    • 9.6.Retail Pharmacy
      • 9.6.1.Global Medication Pouch Inspection Systems Market for Retail Pharmacy, Revenue (USD Million) 2016 - 2026
  • Chapter 10.Medication Pouch Inspection Systems Market – Regional Analysis
    • 10.1.Global Medication Pouch Inspection Systems Market: Regional Overview
      • 10.1.1.Global Medication Pouch Inspection Systems Market Revenue Share, by Region, 2019 & 2026
      • 10.1.2.Global Medication Pouch Inspection Systems Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 10.2.North America
      • 10.2.1.North America Medication Pouch Inspection Systems Market Revenue, 2016 - 2026 (USD Million)
      • 10.2.2.North America Medication Pouch Inspection Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.2.3.North America Medication Pouch Inspection Systems Market Revenue, by Type, 2016 – 2026
      • 10.2.4.North America Medication Pouch Inspection Systems Market Revenue, by Operating Speed, 2016 – 2026
      • 10.2.5.North America Medication Pouch Inspection Systems Market Revenue, by Application, 2016 – 2026
      • 10.2.6. U.S.
      • 10.2.7.Canada
    • 10.3.Europe
      • 10.3.1.Europe Medication Pouch Inspection Systems Market Revenue, 2016 - 2026 (USD Million)
      • 10.3.2.Europe Medication Pouch Inspection Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.3.3.Europe Medication Pouch Inspection Systems Market Revenue, by Type, 2016 – 2026
      • 10.3.4.Europe Medication Pouch Inspection Systems Market Revenue, by Operating Speed, 2016 – 2026
      • 10.3.5.Europe Medication Pouch Inspection Systems Market Revenue, by Application, 2016 – 2026
      • 10.3.6.Germany
      • 10.3.7.France
      • 10.3.8. U.K.
      • 10.3.9.Italy
      • 10.3.10.Spain
      • 10.3.11.Rest of Europe
    • 10.4.Asia Pacific
      • 10.4.1.Asia Pacific Medication Pouch Inspection Systems Market Revenue, 2016 - 2026 (USD Million)
      • 10.4.2.Asia Pacific Medication Pouch Inspection Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.4.3.Asia Pacific Medication Pouch Inspection Systems Market Revenue, by Type, 2016 – 2026
      • 10.4.4.Asia Pacific Medication Pouch Inspection Systems Market Revenue, by Operating Speed, 2016 – 2026
      • 10.4.5.Asia Pacific Medication Pouch Inspection Systems Market Revenue, by Application, 2016 – 2026
      • 10.4.6.China
      • 10.4.7.Japan
      • 10.4.8.India
      • 10.4.9.South Korea
      • 10.4.10.South-East Asia
      • 10.4.11.Rest of Asia Pacific
    • 10.5.Latin America
      • 10.5.1.Latin America Medication Pouch Inspection Systems Market Revenue, 2016 - 2026 (USD Million)
      • 10.5.2.Latin America Medication Pouch Inspection Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.5.3.Latin America Medication Pouch Inspection Systems Market Revenue, by Type, 2016 – 2026
      • 10.5.4.Latin America Medication Pouch Inspection Systems Market Revenue, by Operating Speed, 2016 – 2026
      • 10.5.5.Latin America Medication Pouch Inspection Systems Market Revenue, by Application, 2016 – 2026
      • 10.5.6.Brazil
      • 10.5.7.Mexico
      • 10.5.8.Rest of Latin America
    • 10.6.The Middle-East and Africa
      • 10.6.1.The Middle-East and Africa Medication Pouch Inspection Systems Market Revenue, 2016 - 2026 (USD Million)
      • 10.6.2.The Middle-East and Africa Medication Pouch Inspection Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 10.6.3.The Middle-East and Africa Medication Pouch Inspection Systems Market Revenue, by Type, 2016 – 2026
      • 10.6.4.The Middle-East and Africa Medication Pouch Inspection Systems Market Revenue, by Operating Speed, 2016 – 2026
      • 10.6.5.The Middle-East and Africa Medication Pouch Inspection Systems Market Revenue, by Application, 2016 – 2026
      • 10.6.6.GCC Countries
      • 10.6.7.South Africa
      • 10.6.8.Rest of Middle-East Africa
  • Chapter 11.Company Profiles
    • 11.1.PTI
      • 11.1.1.Company Overview
      • 11.1.2.Financial Overview
      • 11.1.3.Product Portfolio
      • 11.1.4.Business Strategy
      • 11.1.5.Recent Developments
    • 11.2.Nireco
    • 11.3.Global Factories
    • 11.4.Parata Systems
    • 11.5.ZiuZ Hulding
    • 11.6.ARxIUM
    • 11.7.TCGRx
    • 11.8.JVM

List of Figures 

FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Medication Pouch Inspection Systems Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Medication Pouch Inspection Systems Market
FIG. 6 Global Medication Pouch Inspection Systems Market Attractiveness, By Type
FIG. 7 Global Medication Pouch Inspection Systems Market Attractiveness, By Operating Speed
FIG. 8 Global Medication Pouch Inspection Systems Market Attractiveness, By Application
FIG. 9 Global Medication Pouch Inspection Systems Market Attractiveness, By End-User
FIG. 10 Company Share Analysis, 2019
FIG. 11 Global Medication Pouch Inspection Systems Market Revenue Share, by Type, 2019 & 2026
FIG. 12 Global Medication Pouch Inspection Systems Market for Table-Top, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Medication Pouch Inspection Systems Market for Automatic, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Medication Pouch Inspection Systems Market Revenue Share, by Operating Speed, 2019 & 2026
FIG. 15 Global Medication Pouch Inspection Systems Market for more than 75 ppm, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Medication Pouch Inspection Systems Market for between 50 and 75 ppm, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Medication Pouch Inspection Systems Market for below 50 ppm, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Medication Pouch Inspection Systems Market Revenue Share, by Application, 2019 & 2026
FIG. 19 Global Medication Pouch Inspection Systems Market for Mail Order Pharmacy, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Medication Pouch Inspection Systems Market for Long-Term Care Pharmacy, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Medication Pouch Inspection Systems Market for Hospital Pharmacy, Revenue (USD Million) 2016 - 2026
FIG. 22 Global Medication Pouch Inspection Systems Market for Retail Pharmacy, Revenue (USD Million) 2016 - 2026
FIG. 23 Global Medication Pouch Inspection Systems Market Revenue Share, by Region, 2019 & 2026
FIG. 24 North America Medication Pouch Inspection Systems Market Revenue, 2016 - 2026 (USD Million)
FIG. 25 Europe Medication Pouch Inspection Systems Market Revenue, 2016 - 2026 (USD Million)
FIG. 26 Asia Pacific Medication Pouch Inspection Systems Market Revenue, 2016 - 2026 (USD Million)
FIG. 27 Latin America Medication Pouch Inspection Systems Market Revenue, 2016 - 2026 (USD Million)
FIG. 28 The Middle-East and Africa Medication Pouch Inspection Systems Market Revenue, 2016 - 2026 (USD Million)
FIG. 29 PTI Business Segment Revenue Share, 2018 (%)
FIG. 30 PTI Geographical Segment Revenue Share, 2018 (%)


List of Tables

TABLE 1 Global Medication Pouch Inspection Systems Market: Snapshot
TABLE 2 Drivers of the Medication Pouch Inspection Systems Market: Impact Analysis
TABLE 3 Restraints for the Medication Pouch Inspection Systems Market: Impact Analysis
TABLE 4 Global Medication Pouch Inspection Systems Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Medication Pouch Inspection Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Medication Pouch Inspection Systems Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 7 North America Medication Pouch Inspection Systems Market Revenue, by Operating Speed, 2016 – 2026 (USD Million)
TABLE 8 North America Medication Pouch Inspection Systems Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 9 Europe Medication Pouch Inspection Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 10 Europe Medication Pouch Inspection Systems Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 11 Europe Medication Pouch Inspection Systems Market Revenue, by Operating Speed, 2016 – 2026 (USD Million)
TABLE 12 Europe Medication Pouch Inspection Systems Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 13 Asia Pacific Medication Pouch Inspection Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 14 Asia Pacific Medication Pouch Inspection Systems Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 15 Asia Pacific Medication Pouch Inspection Systems Market Revenue, by Operating Speed, 2016 – 2026 (USD Million)
TABLE 16 Asia Pacific Medication Pouch Inspection Systems Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 17 Latin America Medication Pouch Inspection Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 18 Latin America Medication Pouch Inspection Systems Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 19 Latin America Medication Pouch Inspection Systems Market Revenue, by Operating Speed, 2016 – 2026 (USD Million)
TABLE 20 Latin America Medication Pouch Inspection Systems Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 21 The Middle-East and Africa Medication Pouch Inspection Systems Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 22 The Middle-East and Africa Medication Pouch Inspection Systems Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 23 The Middle-East and Africa Medication Pouch Inspection Systems Market Revenue, by Operating Speed, 2016 – 2026 (USD Million)
TABLE 24 The Middle-East and Africa Medication Pouch Inspection Systems Market Revenue, by Application, 2016 – 2026 (USD Million)


 

Methodology


Frequently Asked Questions

The medication pouch inspection system can inspect pouches rapidly with extremely high precision. The number of pouches that can be inspected every minute can go up to 300. The precision rate is estimated to be close to 98%, which translates to re-inspection of only about 2% of medication pouches manually

The major growth driver of the global medication pouch inspection systems market in the future is the growing automation trends due to the limited availability of skilled workforce and highly automated work requirements.

According to Zion Market Research, the global demand for the medication pouch inspection systems market is expected to generate revenue of around USD 49.70 Million by end of 2026, growing at a CAGR of around 8.0% between 2020 and 2026.

Some main participants of the medication pouch inspection systems market are PTI, Nireco, Global Factories, Parata Systems, ZiuZ Holding, ARxIUM, TCGRx, and JVM, among others.

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