Global Pharmacy Automation Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Automated Medication Dispensing Systems - Centralized Automated Dispensing Systems and Decentralized Automated Dispensing Systems, Automated Packaging And Labeling Systems - Automated Unit-Dose Packaging & Labeling Systems and Automated Multidose Packaging & Labeling Systems, Automated Table-Top Counters, Automated Storage And Retrieval Systems and Others.

By End User;

Inpatient Pharmacies, Outpatient Pharmacies, Retail Pharmacies and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn730890171 Published Date: October, 2024 Updated Date: November, 2024

Introduction

Global Pharmacy Automation Market (USD Million), 2020 - 2030

In the year 2023, the Global Pharmacy Automation Market was valued at USD 5,537.70 million. The size of this market is expected to increase to USD 9,614.35 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The Global Pharmacy Automation Market is a dynamic landscape revolutionizing the way medications are managed and dispensed across healthcare facilities worldwide. With technological advancements and increasing demand for efficient healthcare delivery systems, pharmacy automation has emerged as a critical solution. This market encompasses a wide array of automated systems and software designed to streamline pharmacy operations, enhance patient safety, and optimize medication management processes.

From automated medication dispensing systems and robotic prescription filling to inventory management software and automated packaging solutions, the pharmacy automation market offers innovative tools to address the evolving needs of pharmacies, hospitals, and other healthcare settings. These technologies not only reduce medication errors and improve accuracy but also empower pharmacists to focus more on patient care tasks.

As the global population continues to age and healthcare infrastructure faces mounting pressure to deliver quality services, the demand for pharmacy automation solutions is on the rise. Factors such as the need for operational efficiency, stringent regulatory requirements, and the growing prevalence of chronic diseases are driving the adoption of automation technologies in pharmacies worldwide.

In this dynamic market environment, key players are continuously innovating to introduce advanced automation solutions that cater to the diverse needs of healthcare providers. Furthermore, collaborations, partnerships, and strategic initiatives are shaping the competitive landscape, fostering growth opportunities and driving market expansion.

With a focus on improving patient outcomes, enhancing workflow efficiency, and reducing healthcare costs, the Global Pharmacy Automation Market is poised for significant growth in the coming years. By leveraging technology and innovation, stakeholders aim to transform pharmacy operations, ultimately contributing to a more sustainable and patient-centric healthcare ecosystem.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Pharmacy Automation Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Increasing Demand for Efficiency
        3. Patient Safety
        4. Optimization of Medication Management Processes
      2. Restraints
        1. Initial Investment Costs
        2. Integration Challenges with Existing Systems
        3. Resistance to Change Among Healthcare Providers
        4. Potential for Technical Glitches or System Failures
      3. Opportunities
        1. Expansion of Healthcare Infrastructure in Emerging Markets
        2. Increasing Adoption of Electronic Health Records (EHR) Systems
        3. Integration of Artificial Intelligence (AI) and Machine Learning (ML) Technologies
        4. Rising Demand for Telepharmacy Services
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Pharmacy Automation Market, By Type, 2020 - 2030 (USD Million)
      1. Automated Medication Dispensing Systems
        1. Centralized Automated Dispensing Systems
        2. Decentralized Automated Dispensing Systems
      2. Automated Packaging And Labeling Systems
        1. Automated Multidose Packaging & Labeling Systems
        2. Automated Unit-Dose Packaging & Labeling Systems
        3. Automated Table-Top Counters
        4. Automated Storage And Retrieval Systems
        5. Others
    2. Global Pharmacy Automation Market, By End User, 2020 - 2030 (USD Million)
      1. Inpatient Pharmacies
      2. Outpatient Pharmacies
      3. Retail Pharmacies
      4. Others
    3. Global Pharmacy Automation Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Capsa Healthcare
      2. Parata Systems
      3. Arxium Inc.
      4. Omnicell Inc.
      5. RxSafe, LLC
      6. Scriptpro LLC
      7. Becton, Dickinson, And Company
      8. Cerner Corporation
      9. KUKA AG
      10. Yuyama Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market