North America Pharmacy Automation Market Research Report-Forecast till 2032
Pharmacy automation refers to the use of technology and automated systems to perform various tasks and processes within a pharmacy setting. These technologies are designed to streamline and optimize the workflow in pharmacies, enhancing efficiency, accuracy, and overall patient care.
Increasing incidences of chronic diseases and increasing investment to bring technologically based solution in the region are the major factors driving the growth of the North America pharmacy automation market. However, the high initial investment to set up pharmacy automation is expected to hamper the growth of the regional market. Nevertheless, a growing geriatric population is anticipated to create lucrative opportunities for the market.
Market Segmentation
Based on product, the pharmacy automation market has been segmented into medication dispensing systems, packaging and labelling systems, Rx undercounter units, automated medication compounding systems, and others.
Based on end use, the market has been segmented into retail pharmacy, inpatient pharmacies, outpatient pharmacies, and pharmacy benefit management organizations and mail-order pharmacies.
Based on region, the North America pharmacy automation market has been segmented into US, Canada, and Mexico. The US accounted for the largest market share of 81.45% in 2022 and is anticipated to reach approximately USD 5,388.25 million by 2032 at an 7.60% CAGR during the forecast period. However, Canada is projected to grow at the highest CAGR of 9.04% during the forecast period.
Major Players
The key market players are Baxter, Omnicell Inc, McKesson Corporation, Becton, Dickinson and Company, Capsa Healthcare, ScriptPro LLC, Swisslog Healthcare, Pearson Medical Technologies.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.6 Approaches For Market Size Estimation:
3.6.1 Revenue Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Technique
3.8 Data Modelling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Moldelling:
3.9 Teams And Analyst Contribution
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Incidences Of Chronic Diseases Across The North America
4.2.2 Increasing Investment To Bring Technologically Based Solution In The North America
4.3 Restraints
4.3.1 High Initial Investment To Set-up Pharmacy Automation
4.4 Opportunity
4.4.1 Growing Geriatric Population
5 Market Factor Analysis
5.1 Porter's Five Forces Model
5.1.1 Threat Of New Entrants
5.1.2 Bargaining Power Of Suppliers
5.1.3 Threat Of Substitutes
5.1.4 Bargaining Power Of Buyers
5.1.5 Intensity Of Rivalry
5.2 Impact Of Covid-19 On The North America Pharmacy Automation Market
6 North America Pharmacy Automation Market, By Product
6.1 Overview
6.2 Medication Dispensing Systems
6.2.1 Robots/Robotic Automated Dispensing Systems
6.2.2 Carousels
6.2.3 Automated Dispensing Cabinets
6.3 Packaging And Labelling Systems
6.4 Rx Undercounter Units
6.5 Automated Medication Compounding Systems
6.6 Others
7 North America Pharmacy Automation Market, By End Use
7.1 Overview
7.2 Retail Pharmacy
7.3 Inpatient Pharmacies
7.4 Outpatient Pharmacies
7.5 Pharmacy Benefit Management Organizations And Mail-order Pharmacies
8 North America Pharmacy Automation Market, By Country
8.1 North America
8.1.1 Us
8.1.2 Canada
8.1.3 Mexico
9 Competitive Landscape
9.1 Introduction
9.2 Market Share Analysis, 2022
9.3 Competitor Dashboard
9.4 Public Players Stock Summary
9.5 Comparative Analysis: Key Players Finanical
9.6 Key Developments & Growth Strategies
9.6.1 Product Launch
9.6.2 Collaboration
9.6.3 Agreement
9.6.4 Acquisition
9.6.5 Expansion
10 Company Profiles
10.1 Becton, Dickinson, And Company
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products Offered
10.1.4 Key Developments
10.1.5 Swot Analysis
10.1.6 Key Strategies
10.2 Accu-chart
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Products Offered
10.2.4 Key Developments
10.2.5 Key Strategies
10.3 Capsa Healthcare
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Products Offered
10.3.4 Key Developments
10.3.5 Key Strategies
10.4 Arxium
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Products Offered
10.4.4 Key Developments
10.4.5 Key Strategies
10.5 Baxter
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Products Offered
10.5.4 Key Developments
10.5.5 Swot Analysis
10.5.6 Key Strategies
10.6 Scriptpro Llc
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products Offered
10.6.4 Key Developments
10.6.5 Swot Analysis
10.6.6 Key Strategies
10.7 Swisslog Healthcare
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Products Offered
10.7.4 Key Developments
10.7.5 Key Strategies
10.8 Omnicell, Inc.
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Products Offered
10.8.4 Key Developments
10.8.5 Swot Analysis
10.8.6 Key Strategies
10.9 Mckesson Corporation
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Products Offered
10.9.4 Key Developments
10.9.5 Swot Analysis
10.9.6 Key Strategies
10.10 Pearson Medical Technologies
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Products Offered
10.10.4 Key Developments
10.10.5 Key Strategies
11 Data Citations
List of Tables
Table 1 Qfd Moldelling For Market Share Assessment
Table 2 North America Pharmacy Automation Market, By Product, 2019–2032 (Usd Million)
Table 3 North America Pharmacy Automation Market, For Medication Dispensing Systems, By Country, 2019–2032 (Usd Million)
Table 4 North America Pharmacy Automation Market, For Medication Dispensing Systems, By Type, 2019–2032 (Usd Million)
Table 5 North America Pharmacy Automation Market, For Robots/Robotic Automated Dispensing Systems, By Country, 2019–2032 (Usd Million)
Table 6 North America Pharmacy Automation Market, For Carousels, By Country, 2019–2032 (Usd Million)
Table 7 North America Pharmacy Automation Market, For Automated Dispensing Cabinets, By Country, 2019–2032 (Usd Million)
Table 8 North America Pharmacy Automation Market, For Packaging And Labelling Systems, By Country, 2019–2032 (Usd Million)
Table 9 North America Pharmacy Automation Market, For Rx Undercounter Units, By Country, 2019–2032 (Usd Million)
Table 10 North America Pharmacy Automation Market, For Medication Compounding Systems, By Country, 2019–2032 (Usd Million)
Table 11 North America Pharmacy Automation Market, For Others, By Country, 2019–2032 (Usd Million)
Table 12 North America Pharmacy Automation Market, By End Use, 2019–2032 (Usd Million)
Table 13 North America Pharmacy Automation Market, For Retail Pharmacy,, By Country, 2019–2032 (Usd Million)
Table 14 North America Pharmacy Automation Market, For Inpatient Pharmacies, By Country, 2019–2032 (Usd Million)
Table 15 North America Pharmacy Automation Market, For Outpatient Pharmacies, By Country, 2019–2032 (Usd Million)
Table 16 North America Pharmacy Automation Market, For Pharmacy Benefit Management Organizations And Mail-order Pharmacies, By Country, 2019–2032 (Usd Million)
Table 17 North America: Pharmacy Automation Market, By Country, 2019–2032 (Usd Million)