Global Pharmacy Automation Market Size study, By Product (Automated Medication Dispensing and Storage Systems, Automated Packaging and Labelling Systems, Automated Tabletop Counters, Automated Medication Compounding Systems, Other Pharmacy Automation Syst

Global Pharmacy Automation Market Size study, By Product (Automated Medication Dispensing and Storage Systems, Automated Packaging and Labelling Systems, Automated Tabletop Counters, Automated Medication Compounding Systems, Other Pharmacy Automation Systems), By End-User (Inpatient Pharmacies, Outpatient Pharmacies, Retail Pharmacies, Pharmacy Benefit Management Organizations and Mail-Order Pharmacies), and Regional Forecasts 2022-2028

Global Pharmacy Automation Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Pharmacy automation is a mechanical process that is used to handle and distribute medications. This allows pharmacies to efficiently organize their workflows and also eliminates the chances of errors. The increasing requirements for reducing medication errors, rising focus on automation to reduce labor costs, coupled with the growing number of technological advancements are the primary factors fueling the market demand around the world. For instance, in 2021, Innovation Associates declares the introduction of SmartPod, a next-generation robot for central-fill pharmacy environments. The product enables providers to regulate and increase their centralized fulfillment solutions. Likewise, in October 2019, Parata Systems announce the launch of Max 2 the company’s next-generation vial filling robot. These robots automate the filling, labeling, and capping of vials to increase productivity. Accordingly, the introduction of technologically advanced products is exhibiting a positive influence on the global market growth. However, stringent regulatory procedures and high initial capital investments impede the growth of the market over the forecast period of 2022-2028. Also, increasing awareness among pharmacists and emerging markets are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Pharmacy Automation Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising expenditure on technological developments and increasing government support. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing number of companies setting up manufacturing units, as well as growing demand for health technology solutions, would create lucrative growth prospects for the Pharmacy Automation Market across the Asia-Pacific region.

Major market players included in this report are:
Becton, Dickinson and Company
Omnicell, Inc.
KUKA AG
Baxter International Inc.
Capsa Healthcare
Cerner Corporation
i Co., Ltd.
Parata Systems, LLC
RxSafe, LLC
ScriptPro LLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Automated Medication Dispensing and Storage Systems
Automated Packaging and Labelling Systems
Automated Tabletop Counters
Automated Medication Compounding Systems
Other Pharmacy Automation Systems
By End-User:
Inpatient Pharmacies
Outpatient Pharmacies
Retail Pharmacies
Pharmacy Benefit Management Organizations and Mail-Order Pharmacies
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Pharmacy Automation Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors



Companies Mentioned

Becton, Dickinson and Company
Omnicell, Inc.
KUKA AG
Baxter International Inc.
Capsa Healthcare
Cerner Corporation
i Co., Ltd.
Parata Systems, LLC
RxSafe, LLC
ScriptPro LLC

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.