Global Pharmacy Automation Systems Market 2024-2028
The pharmacy automation systems market is forecasted to grow by USD 3.10 bn during 2023-2028, accelerating at a CAGR of 8.93% during the forecast period. The report on the pharmacy automation systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high prevalence of CVD, growing demand for efficient workflow in healthcare and pharmaceutical sectors, and rise in focus on medication error reduction.
Technavio's pharmacy automation systems market is segmented as below:By Product TypeAutomated medication dispensing system
Automated storage and retrieval system
Automated packaging and labeling system
Others
By End-userRetail pharmacy
Hospital pharmacy
Others
By GeographyNorth America
Europe
Asia
Rest of World (ROW)
This study identifies the integration of AI and predictive analytics within pharmacy automation systems as one of the prime reasons driving the pharmacy automation systems market growth during the next few years. Also, growing focus on integrating environmentally sustainable practices within pharmacy operations and increasing adoption of telehealth services will lead to sizable demand in the market.
The report on the pharmacy automation systems market covers the following areas:Pharmacy automation systems market sizing
Pharmacy automation systems market forecast
Pharmacy automation systems market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pharmacy automation systems market vendors that include Agilent Technologies Inc., AmerisourceBergen Corp., ARxIUM Inc., Baxter International Inc., Becton Dickinson and Co., Capsa Healthcare LLC, Innovation Associates, McKesson Corp., MIDEA Group Co. Ltd., Omnicell Inc., Optel Group, Oracle Corp., Pearson Medical Technologies LLC, Russell Finex Ltd., Rxsafe LLC, Scientific Industries Inc., ScriptPro LLC, Swisslog Healthcare AG, Synapxe Pte Ltd., Yuyama USA Inc., and Accu Chart Plus Health Care Systems. Also, the pharmacy automation systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.