[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Pharmacy Automation Market Size, Trends, Analysis, and Outlook By Product (Automated Medication Dispensing and Storage Systems, Automated Packaging and Labelling Systems, Automated Tabletop Counters, Automated Medication Compounding Systems, Others), By End-User (Inpatient Pharmacies, Outpatient Pharmacies, Retail Pharmacies, Pharmacy Benefit Management Organizations), by Country, Segment, and Companies, 2024-2032

April 2024 | 205 pages | ID: P1DA01D7BCBCEN
VPAResearch

US$ 3,980.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global Pharmacy Automation market size is poised to register 9.2% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Pharmacy Automation market across By Product (Automated Medication Dispensing and Storage Systems, Automated Packaging and Labelling Systems, Automated Tabletop Counters, Automated Medication Compounding Systems, Others), By End-User (Inpatient Pharmacies, Outpatient Pharmacies, Retail Pharmacies, Pharmacy Benefit Management Organizations)

The future of the pharmacy automation market is influenced by advancements in robotics, increasing demand for medication safety and efficiency, and growing emphasis on patient-centered pharmacy services. Pharmacy automation encompasses a wide range of technologies and systems used to automate various tasks in pharmacy practice, including medication dispensing, inventory management, and medication therapy management, to improve workflow efficiency, reduce medication errors, and enhance patient safety and satisfaction. With the rise of chronic diseases, polypharmacy, and medication adherence issues, there is a growing need for pharmacy automation solutions that offer scalability, interoperability, and integration with electronic health records (EHRs) and pharmacy information systems (PIS) to support medication management across diverse care settings and patient populations. Further, technological innovations such as robotic dispensing systems, automated medication cabinets, and medication adherence packaging are driving the development of next-generation pharmacy automation solutions with improved accuracy, reliability, and patient engagement features. Over the forecast period to 2030, expanding applications in specialty pharmacy, long-term care pharmacy, and telepharmacy, coupled with increasing adoption of telehealth and remote medication management services, are expected to drive market growth and innovation, enabling pharmacies and healthcare organizations to optimize medication use, improve patient outcomes, and reduce healthcare costs.

Pharmacy Automation Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Pharmacy Automation market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Pharmacy Automation survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Pharmacy Automation industry.

Key market trends defining the global Pharmacy Automation demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Pharmacy Automation Market Segmentation- Industry Share, Market Size, and Outlook to 2032

The Pharmacy Automation industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Pharmacy Automation companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Pharmacy Automation industry

Leading Pharmacy Automation companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Pharmacy Automation companies.

Pharmacy Automation Market Study- Strategic Analysis Review

The Pharmacy Automation market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Pharmacy Automation Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Pharmacy Automation industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three case scenarios- low case, reference case, and high case scenarios.

Pharmacy Automation Country Analysis and Revenue Outlook to 2032

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2032. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2032.

North America Pharmacy Automation Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong healthcare infrastructure. Leading companies focus on new product launches in the changing environment. The US healthcare expenditure is expected to grow to $4.8 trillion in 2024 (around 3.7% growth in 2024), potentially driving demand for various Pharmacy Automation market segments. Similarly, Strong market demand is encouraging Canadian Pharmacy Automation companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Pharmacy Automation market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Pharmacy Automation Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Pharmacy Automation industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Pharmacy Automation market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Pharmacy Automation Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Pharmacy Automation in Asia Pacific. In particular, China, India, and South East Asian Pharmacy Automation markets present a compelling outlook for 2032, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Pharmacy Automation Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Pharmacy Automation Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Pharmacy Automation market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Pharmacy Automation.

Pharmacy Automation Market Company Profiles

The global Pharmacy Automation market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are ARxIUM Inc, Baxter International Inc, Becton, Dickinson and Company, Capsa Healthcare, Cerner Corp, KUKA AG, Omnicell Inc, Parata Systems LLC, RxSafe LLC, ScriptPro LLC, Yuyama Co. Ltd.

Recent Pharmacy Automation Market Developments

The global Pharmacy Automation market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Pharmacy Automation Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Product

Automated Medication Dispensing and Storage Systems

-Robots/Robotic Automated Dispensing Systems

-Carousels

-Automated Dispensing Cabinets

Automated Packaging and Labelling Systems

Automated Tabletop Counters

Automated Medication Compounding Systems

Others

By End-User

Inpatient Pharmacies

Outpatient Pharmacies

Retail Pharmacies

Pharmacy Benefit Management Organizations

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

ARxIUM Inc

Baxter International Inc

Becton, Dickinson and Company

Capsa Healthcare

Cerner Corp

KUKA AG

Omnicell Inc

Parata Systems LLC

RxSafe LLC

ScriptPro LLC

Yuyama Co. Ltd

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Pharmacy Automation Market Overview and Key Findings, 2024
1.2 Pharmacy Automation Market Size and Growth Outlook, 2021- 2030
1.3 Pharmacy Automation Market Growth Opportunities to 2030
1.4 Key Pharmacy Automation Market Trends and Challenges
  1.4.1 Pharmacy Automation Market Drivers and Trends
  1.4.2 Pharmacy Automation Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Pharmacy Automation Companies

2. PHARMACY AUTOMATION MARKET SIZE OUTLOOK TO 2030

2.1 Pharmacy Automation Market Size Outlook, USD Million, 2021- 2030
2.2 Pharmacy Automation Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. PHARMACY AUTOMATION MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. PHARMACY AUTOMATION MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Product
Automated Medication Dispensing and Storage Systems
-Robots/Robotic Automated Dispensing Systems
-Carousels
-Automated Dispensing Cabinets
Automated Packaging and Labelling Systems
Automated Tabletop Counters
Automated Medication Compounding Systems
Others
By End-User
Inpatient Pharmacies
Outpatient Pharmacies
Retail Pharmacies
Pharmacy Benefit Management Organizations
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Pharmacy Automation Market, 2025
5.2 Asia Pacific Pharmacy Automation Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Pharmacy Automation Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Pharmacy Automation Market, 2025
5.5 Europe Pharmacy Automation Market Size Outlook by Type, 2021- 2030
5.6 Europe Pharmacy Automation Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Pharmacy Automation Market, 2025
5.8 North America Pharmacy Automation Market Size Outlook by Type, 2021- 2030
5.9 North America Pharmacy Automation Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Pharmacy Automation Market, 2025
5.11 South America Pacific Pharmacy Automation Market Size Outlook by Type, 2021- 2030
5.12 South America Pharmacy Automation Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Pharmacy Automation Market, 2025
5.14 Middle East Africa Pharmacy Automation Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Pharmacy Automation Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Pharmacy Automation Market Size Outlook and Revenue Growth Forecasts
6.2 US Pharmacy Automation Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Pharmacy Automation Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Pharmacy Automation Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Pharmacy Automation Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Pharmacy Automation Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Pharmacy Automation Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Pharmacy Automation Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Pharmacy Automation Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Pharmacy Automation Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Pharmacy Automation Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Pharmacy Automation Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Pharmacy Automation Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Pharmacy Automation Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Pharmacy Automation Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Pharmacy Automation Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Pharmacy Automation Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Pharmacy Automation Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Pharmacy Automation Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Pharmacy Automation Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Pharmacy Automation Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Pharmacy Automation Industry Drivers and Opportunities

7. PHARMACY AUTOMATION MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. PHARMACY AUTOMATION COMPANY PROFILES

8.1 Profiles of Leading Pharmacy Automation Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
ARxIUM Inc
Baxter International Inc
Becton, Dickinson and Company
Capsa Healthcare
Cerner Corp
KUKA AG
Omnicell Inc
Parata Systems LLC
RxSafe LLC
ScriptPro LLC
Yuyama Co. Ltd.

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


More Publications