Asia Pacific Outpatient Central Fulfillment Market Forecast to 2030

At 12.1% CAGR, Asia Pacific Outpatient Central Fulfillment Market is Speculated to be Worth US$ 126.44 Million by 2030, says the Research Team

According to the Research Team’ research, the Asia Pacific outpatient central fulfillment market was valued at US$ 50.60 million in 2022 and is expected to reach US$ 126.44 million by 2030, registering a CAGR of 12.1% from 2022 to 2030. Risk of medication errors and rising aging population and emerging markets are among the critical factors attributed to the Asia Pacific outpatient central fulfillment market expansion.

A medication error can be a result of inappropriate and ineffective medication dispensing. Common medication errors that have the potential to harm patients include dispensing a wrong drug, an incorrect quantity of a drug, and a wrong drug strength. Moreover, these errors may be caused due to omitting items unintentionally. Medication errors are alarming and are considered the third leading cause of death worldwide. The World Health Organization (WHO) also stated that a medication error causes 1 death in 1 million population globally. Unsafe practices in medicine have been causing unavoidable risks in the healthcare sector.

Distractions are the leading cause of medication errors. Distractions occur because healthcare professionals are engaged in multiple tasks throughout the day, including examining the patient, interacting with consultants, speaking to patients’ family members, and conversing with insurance professionals. Sometimes a lapse of judgment develops in a hurry to complete their duties, which may lead to a medication error.

Another major cause of medication error is distortion. Poor writing, abbreviations, misunderstood symbols, or improper translation cause distortions. Further, pharmacists and nurses find it difficult to understand the handwritten prescription for medicines, leading to the wrong delivery of medicines to the patients. Thus, the undeniable possibility of medication errors triggers the demand for automation in pharmacy operations, thereby bolstering the growth of the outpatient central fulfillment market.

On the contrary, high capital requirements and problems associated with automation system operations hurdle the growth of Asia Pacific outpatient central fulfillment market.

Based on product type, the Asia Pacific outpatient central fulfillment market is categorized into automated medication dispensing systems, automated packaging and labelling systems, automated tabletop counters, automated storage and retrieval systems, and others. The automated medication dispensing systems segment held 32.4% share of Asia Pacific outpatient central fulfillment market in 2022, amassing US$ 16.41 million. It is projected to garner US$ 43.58 million by 2030 to expand at 13.0% CAGR during 2022-2030.

In terms of end user, the Asia Pacific outpatient central fulfillment market is segmented into hospital pharmacies, retail pharmacies, and mail-order pharmacies. The hospital pharmacies segment held 53.8% share of Asia Pacific outpatient central fulfillment market in 2022, amassing US$ 27.23 million. It is projected to garner US$ 70.86 million by 2030 to expand at 12.7% CAGR during 2022-2030.

Based on country, the Asia Pacific outpatient central fulfillment market has been categorized into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 33.7% share of Asia Pacific outpatient central fulfillment market in 2022. It was assessed at US$ 17.04 million in 2022 and is likely to hit US$ 44.01 million by 2030, exhibiting a CAGR of 12.6% during 2022-2030.

Key players operating in the Asia Pacific outpatient central fulfillment market are Becton Dickinson and Co; Capsa Solutions, LLC; Cardinal Health Inc; McKesson Corp; and Omnicell Inc, among others.

In October 2022, Omnicell Inc announced the launch of Specialty Pharmacy Services. The services are dedicated to setting up, operating, and optimizing a specialty pharmacy program. Specialty Pharmacy Services is a complete program created to assist health institutions with establishing and maintaining a hospital-owned, fully managed specialty pharmacy.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific outpatient central fulfillment market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific outpatient central fulfillment market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific outpatient central fulfillment market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Outpatient Central Fulfillment Market – Key Market Dynamics
4.1 Outpatient Central Fulfillment Market – Key Market Dynamics
4.2 Market Drivers
4.2.1 Automation in Pharmacies
4.2.2 Risk of Medication Errors
4.3 Market Restraints
4.3.1 High Capital Requirements and Problems Associated with Automation System Operations
4.4 Market Opportunities
4.4.1 Rising Aging Population and Emerging Markets
4.5 Future Trends
4.5.1 Growth Strategies by Companies and Use of Artificial Intelligence
4.6 Impact Analysis:
5. Outpatient Central Fulfillment Market – Asia Pacific Market Analysis
5.1 Market Overview
5.2 Outpatient Central Fulfillment Market Revenue (US$ Million), 2022-2030
6. Asia Pacific Outpatient Central Fulfillment Market Analysis – by Product Type
6.1 Overview
6.2 Outpatient Central Fulfillment Market Revenue Share, by Product Type 2022 & 2030 (%)
6.3 Automated Medication Dispensing Systems
6.3.1 Overview
6.3.2 Automated Medication Dispensing Systems: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
6.4 Automated Packaging and Labelling Systems
6.4.1 Overview
6.4.2 Automated Packaging and Labelling Systems: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
6.5 Automated Tabletop Counters
6.5.1 Overview
6.5.2 Automated Tabletop Counters: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
6.6 Automated Storage and Retrieval Systems
6.6.1 Overview
6.6.2 Automated Storage and Retrieval Systems: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
6.7 Others
6.7.1 Overview
6.7.2 Others: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
7. Asia Pacific Outpatient Central Fulfillment Market Analysis – by End User
7.1 Overview
7.2 Outpatient Central Fulfillment Market Revenue Share, by End User 2022 & 2030 (%)
7.3 Hospital Pharmacies
7.3.1 Overview
7.3.2 Hospital Pharmacies: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Retail Pharmacies
7.4.1 Overview
7.4.2 Retail Pharmacies: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Mail-Order Pharmacies
7.5.1 Overview
7.5.2 Mail-Order Pharmacies: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Outpatient Central Fulfillment Market – Country Analysis
8.1 Asia Pacific Outpatient Central Fulfillment Market
8.1.1 Asia Pacific: Outpatient Central Fulfillment Market – Revenue and Forecast Analysis – by Country
8.1.1.1 China
8.1.1.1.1 Overview
8.1.1.1.2 China: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
8.1.1.1.3 China: Outpatient Central Fulfillment Market Breakdown, by Product Type
8.1.1.1.4 China: Outpatient Central Fulfillment Market Breakdown, by End User
8.1.1.2 Japan
8.1.1.2.1 Overview
8.1.1.2.2 Japan: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
8.1.1.2.3 Japan: Outpatient Central Fulfillment Market Breakdown, by Product Type
8.1.1.2.4 Japan: Outpatient Central Fulfillment Market Breakdown, by End User
8.1.1.3 India
8.1.1.3.1 Overview
8.1.1.3.2 India: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
8.1.1.3.3 India: Outpatient Central Fulfillment Market Breakdown, by Product Type
8.1.1.3.4 India: Outpatient Central Fulfillment Market Breakdown, by End User
8.1.1.4 Australia
8.1.1.4.1 Overview
8.1.1.4.2 Australia: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
8.1.1.4.3 Australia: Outpatient Central Fulfillment Market Breakdown, by Product Type
8.1.1.4.4 Australia: Outpatient Central Fulfillment Market Breakdown, by End User
8.1.1.5 South Korea
8.1.1.5.1 Overview
8.1.1.5.2 South Korea: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
8.1.1.5.3 South Korea: Outpatient Central Fulfillment Market Breakdown, by Product Type
8.1.1.5.4 South Korea: Outpatient Central Fulfillment Market Breakdown, by End User
8.1.1.6 Rest of Asia Pacific
8.1.1.6.1 Overview
8.1.1.6.2 Rest of Asia Pacific: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
8.1.1.6.3 Rest of Asia Pacific: Outpatient Central Fulfillment Market Breakdown, by Product Type
8.1.1.6.4 Rest of Asia Pacific: Outpatient Central Fulfillment Market Breakdown, by End User
9. Outpatient Central Fulfillment Market-Industry Landscape
9.1 Overview
9.2 Growth Strategies in the Outpatient Central Fulfillment Market
9.3 Inorganic Growth Strategies
9.3.1 Overview
9.4 Organic Growth Strategies
9.4.1 Overview
10. Company Profiles
10.1 Cardinal Health Inc
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Omnicell Inc
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Becton Dickinson and Co
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Capsa Solutions LLC
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 McKesson Corp
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
11. Appendix
11.1 About The the Reporting Teams
11.2 Glossary of Terms

LIST OF TABLES

Table 1. Outpatient Central Fulfillment Market Segmentation
Table 2. China: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 3. China: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by End User
Table 4. Japan: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 5. Japan: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by End User
Table 6. India: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 7. India: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by End User
Table 8. Australia: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 9. Australia: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by End User
Table 10. South Korea: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 11. South Korea: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by End User
Table 12. Rest of Asia Pacific: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by Product Type
Table 13. Rest of Asia Pacific: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million) – by End User
Table 14. Recent Inorganic Growth Strategies in the Outpatient Central Fulfillment Market
Table 15. Recent Organic Growth Strategies in the Outpatient Central Fulfillment Market
Table 16. Glossary of Terms, Outpatient Central Fulfillment Market

LIST OF FIGURES

Figure 1. Outpatient Central Fulfillment Market Segmentation, by Country
Figure 2. Impact Analysis
Figure 3. Outpatient Central Fulfillment Market Revenue (US$ Million), 2022 – 2030
Figure 4. Outpatient Central Fulfillment Market Share (%) – by Product Type (2022 and 2030)
Figure 5. Automated Medication Dispensing Systems: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
Figure 6. Automated Packaging and Labelling Systems: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Automated Tabletop Counters: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Automated Storage and Retrieval Systems: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Others: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Outpatient Central Fulfillment Market Share (%) – by End User (2022 and 2030)
Figure 11. Hospital Pharmacies: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Retail Pharmacies: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Mail-Order Pharmacies: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Asia Pacific Outpatient Central Fulfillment Market, by Key Country – Revenue 2022 (US$ Mn)
Figure 15. Asia Pacific: Outpatient Central Fulfillment Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 16. China: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million)
Figure 17. Japan: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million)
Figure 18. India: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million)
Figure 19. Australia: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million)
Figure 20. South Korea: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030(US$ Million)
Figure 21. Rest of Asia Pacific: Outpatient Central Fulfillment Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Growth Strategies in the Outpatient Central Fulfillment Market