Wednesday 3 August 2022

Pharmacy Automation - Increasing Specialty Drug Dispensing is A Major Growth Factor


 

Pharmacies are known for their ability to provide high-quality medications to patients, but they're also increasingly being used to dispense specialty drugs. Specialty drugs are those that are used in a limited number of circumstances, and because they're often expensive and hard to get, pharmacies are in high demand to fill these prescriptions.

By Gajanan Somshetwar

In this article, we'll discuss the growth of pharmacy automation and how it's helping pharmacies increase their dispensing of specialty drugs. We'll also look at some of the challenges faced by pharmacies as they attempt to increase specialty drug dispensing, and discuss solutions that have been successful in overcoming them.

A Brief History of Pharmacy Automation

Pharmacy automation is not a new technology, but its recent growth has been explosive. In 2001, there were only 7000 pharmacy automation systems in use. By 2013, that number had increased to over 200,000. This rapid growth is due in part to the increasing demand for specialty drugs. In particular, the growth of pharmacogenomics and precision medicine has led to increased demand for specialty drugs.

Another reason for the recent growth of pharmacy automation is the increasing use of electronic health records (EHRs). EHRs allow pharmacies to track patient medications and other medical data more easily. This information can then be used to automate drug dispensing.

There are a number of different types of pharmacy automation systems. The most common are computerized pharmacy systems (CPTs). CPTs are similar to office-based computer systems, but they are designed specifically for pharmacies. They include features such as inventory management, billing, and patient record management. Other types of pharmacy automation systems include automated teller machines (ATMs), kiosks, and point-of-sale (POS) devices.

The Benefits of Pharmacy Automation;

Pharmacy automation has become one of the industry’s most popular growth sectors. In fact, according to a study by Visionary Insights, pharmacy automation is projected to grow by 22% each year through 2021. This growth is due in part to the increasing number and variety of specialty drugs available on the market, as well as the increasing need for accurate and efficient dispensing.

One of the primary benefits of pharmacy automation is accuracy. Automation enables pharmacists to dispense medications in a more precise manner, which can result in lower patient error rates and improved medication delivery. Furthermore, pharmacy automation can help pharmacists stay up-to-date on new drug formulations and trends, which can lead to better drug selection for their patients. In addition, automated pharmacies are able to carry out more complex dispensing tasks, such as correctional medicine dispensing. As a result of these benefits, pharmacy automation is increasingly being adopted by pharmacies across the globe.

Another major benefit of pharmacy automation is efficiency. Automated pharmacies are able to dispense medications faster than traditional pharmacies, which can improve patient throughput and speed up processing times. This increase in efficiency can also lead to cost savings for pharmacies, as well as increased

Types of Pharmacy Automation:

Pharmacy automation is one of the fastest growing segments of the pharmacy industry. This technology can improve patient care and increase efficiency by automating tasks and processes in the pharmacy.

There are many types of pharmacy automation, but three main types are prescription dispensing, drug ordering, and pharmacy inventory management. Prescription dispensing automation can automate the entire prescriptive process, from authorizing medications to issuing prescriptions. Drug ordering automation can help pharmacies better coordinate orders with manufacturers and other pharmacies, as well as manage inventory and improve patient care. Pharmacy inventory management automation helps pharmacies keep track of inventory levels and generate reports that can help managers make informed decisions about where to allocate resources.

The Future of Pharmacy Automation:

Pharmacy automation is one of the most commonly used methods to improve efficiency and accuracy in the pharmacy. Increasing specialty drug dispensing is a major growth factor for pharmacy automation. Pharmacists are increasingly using technology to automate specialty drug dispensing, which can reduce errors and speed up the process.

A study by Cerner found that specialty drug dispensing was one of the most frequently automated tasks in pharmacies. The study found that pharmacy automation can increase accuracy, speed up the process, and improve patient care. In addition, specialty drug dispensing is important because it can provide relief to patients with rare diseases or conditions. Specialty drugs can often be more expensive than general medications, so automated dispensing can save patients money.

Pharmacies are also using technology to automate other tasks in the pharmacy. One example is inventory management. Automated inventory systems can help pharmacies track and manage their inventory more accurately. This can reduce the number of mistakes made when stocking the pharmacy, which can improve patient care.

Overall, pharmacy automation is one of the most commonly used methods to improve efficiency and accuracy in the pharmacy. With increasing demand for specialty drugs, automation is becoming an even more important part of pharmacy workflow.

Get More Industrial View on this in Terms of Revenue: https://www.marketsandmarkets.com/Market-Reports/central-fill-pharmacy-automation-market-87188549.html

 

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1 comment:

  1. I really like it whenever people come together and share thoughts. Great post, keep it up.

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