Synopsis
The pharmaceutical sector is a significant player in the healthcare ecosystem. It is responsible for developing vaccines and medications to prevent and reduce morbidity rates. It affects the global population by providing drugs to treat ailments, infections, and diseases and maintain health. In a pharmacy setting, medication errors directly affect the patient’s life. As per a report published in 2021, definitely avoidable ADEs caused 1708 deaths in England alone, annually. Therefore, pharmacy automation in the pharma can eliminate errors, improve outcomes, and streamline the medication process. As reported by Mordor Intelligence, the estimation is that the Pharmacy Automation Market will index a CAGR of 7.8% by 2027. Further, pharmacy automation can be a massive operational advantage for pharmaceutical leaders and a key to remaining a competitive market player.