The Automated Compounding Systems market in Asia Pacific was valued US$ 335.78million in 2019 and is projected to reach US$ 526.92million by 2027; it is expected to grow at a CAGR of 6.1%from 2020 to 2027.
The Asia Pacific Automated Compounding Systems market is growing along with the Aerospace and Defense industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
An automated compounding system is a device that combines one or more drug solutions aseptically to a final container for patient administration. Earlier these processes were carried out manually. However, the accuracy and efficiency of the dispensing of compounded products has dramatically improved with the introduction of automated compounding systems. This also reduces the exposure of healthcare professionals to toxic agents.
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In terms of product type, the gravimetric automated compounding systems is expected to hold the largest share of the automated compounding systems market by 2027. In terms of the end users, in 2019, the hospital segment held the most significant market share of the automated compounding systems market.
These factors are expected to offer broad growth opportunities in the Aerospace and Defense industry and this is expected to cause the demand for immunochemistry assays in the market.
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ASIA PACIFICAUTOMATED COMPOUNDING SYSTEMSMARKET SEGMENTATION
- Gravimetric Automated Compounding Systems
- Volumetric Automated Compounding Systems
By End User
- Chemotherapy Centers
- Asia Pacific
- South Korea
- Weibond Technology
- Grifols, S.A
- Baxter International Inc.
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