Pharmacy Automation Market, By Product (Dispensing Systems, Pill Sorting Machines, Labeling Machines, Packaging Machines, Inventory Management, Automated Storage and Retrieval Systems, Others), By End-user Industry (Inpatient Pharmacies (Acute Care Settings, Long Term Care Facilities), Outpatient Pharmacies (Outpatient/Fast Track Clinics, Hospital Retail Settings), Pharmacy Benefit Management Organization and Mail Order Pharmacies, Retail Pharmacies), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Pharmacy automation involves utilization of mechanical devices to facilitate the dispensing and mixing of medications. It enhances efficiency, reduces errors, and frees up pharmacists' time to focus on direct patient care activities. Technological advancements are enabling the development of innovative pharmacy automation solutions that can streamline workflows in hospitals as well as retail pharmacies. Global pharmacy automation market is witnessing steady growth over the past few years. With the rising workload on pharmacists due to increasing dispensing activities as well as growing need to reduce medication errors and the demand for automated systems is accelerating.
Market Dynamics:
Global pharmacy automation market is driven by factors such as rising geriatric population and the subsequent increase in medication demands, growing patient pool with chronic diseases requiring long-term medication, high volume of prescriptions leading to increased workload on pharmacists, and implementation of stringent regulations regarding patient safety. However, high installation and maintenance costs of automated dispensing systems particularly for small retail pharmacies, and difficulty in optimizing workflow using these systems are some of the factors restraining the market growth. Various kinds of flexible automated drug dispensing systems that can be used in pharmacies of any size. Artificial intelligence-enabled solutions also offer opportunities for better predictive alogrithms and reduction in errors through machine learning.
Key features of the study:
- This report provides in-depth analysis of the global pharmacy automation market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global pharmacy automation market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies
- Key players in the global pharmacy automation market include Swisslog Healthcare, Omnicell, Inc., BD, Oracle, Capsa Healthcare, MCKESSON CORPORATION, Yuyama Co., Ltd., Gebr. Willach GmbH, ScriptPro LLC., RxSafe, LLC.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global pharmacy automation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pharmacy automation market
- By Product:
- Dispensing Systems
- Pill Sorting Machines
- Labelling Machines
- Packaging Machines
- Inventory Management
- Automated Storage and Retrieval Systems
- Others
- By End-use Industry:
- Inpatient Pharmacies
- Acute Care Settings
- Long Term Care Facilities
- Outpatient Pharmacies
- Outpatient/Fast Track Clinics
- Hospital Retail Settings
- Pharmacy Benefit Management Organization and Mail Order Pharmacies
- Retail Pharmacies
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Top Companies in the Pharmacy Automation Market
- Swisslog Healthcare
- Omnicell, Inc.
- BD
- Oracle
- Capsa Healthcare
- MCKESSON CORPORATION
- Yuyama Co., Ltd.
- Willach GmbH
- ScriptPro LLC.
- RxSafe, LLC.
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product
- Market Snippet, By End- user Industry
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Market Driver
- Growing prescription volumes
- Increasing need to reduce medication errors
- Market Restrain
- High cost of dialysis equipment and procedures
- Lack of expertise and reluctance to adopt new technologies
- Market Opportunities
- Growth opportunities in emerging markets
- Adoption of pharmacy automation in retail pharmacies
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Mergers, Acquisitions, and Collaborations
- 4. Global Pharmacy Automation Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Pharmacy Automation Market, By Product, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Dispensing Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Pill Sorting Machines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Labelling Machines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Packaging Machines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Inventory Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Automated Storage and Retrieval Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- 6. Global Pharmacy Automation Market, By End user Industry, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Inpatient Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Acute Care Settings
- Long Term Care Facilities
- Outpatient Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Outpatient/Fast Track Clinics
- Hospital Retail Settings
- Pharmacy Benefit Management Organization and Mail Order Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
- 7. Global Pharmacy Automation Market, By Region, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-user Industry, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-user Industry , 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-user Industry , 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-user Industry , 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-user Industry , 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-user Industry , 2018-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Bn)
- South Africa
- Central Africa
- North Africa
- 8. Competitive Landscape
- Company Profile
- Swisslog Healthcare
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Omnicell, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BD
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Oracle
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Capsa Healthcare
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- MCKESSON CORPORATION
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Yuyama Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Willach GmbH
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- ScriptPro LLC.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- RxSafe, LLC.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Analyst Views
- 9. Section
- References
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on "Global Pharmacy Automation Market” – Global forecast to 2030
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