Innovation that is shaping the future of healthcare
MedAvail Technologies Inc. is a healthcare technology company that has developed and commercialized an innovative Self-Serve Pharmacy Kiosk solution. The MedAvail MedCenter® supports the dispensing of prescription drugs and Over-the-Counter medications. MedAvail has deployed kiosks in the US, Canada and Switzerland in use cases that include employer sites, retail pharmacies, retail stores without traditional pharmacies, hospital emergency rooms, urgent cares, community clinics, universities and medical office buildings.
Pharmacies on a worldwide basis are identifying ways to extend their reach to gain market share. This involves optimizing current assets to include extending services within the pharmacy and implementing solutions to reduce the cost of dispense. Pharmacy business in developed countries are experiencing slow prescription growth, resulting in a drive towards gaining market share from competitors through innovative solutions. On the other hand, developing countries and markets are demonstrating accelerated growth in prescription medications, paving the way for easy deployment of The MedAvail MedCenter® as it is tailor-made to capture growth.
Market analysis has identified in excess of 20,000 potential locations for our dispensing technology in the US alone. While the US market is significant, market interest has been expressed from the UK, Singapore, South Africa and Canada.