Pharmacy Automation Systems Market Size, Share, By Product Type (Medical Dispensing Systems, Packaging & Labeling Systems, Table-Top Counters, and Others), End-User (Retail Pharmacies, Inpatient Pharmacies, Outpatient Pharmacies, and Others), and Region - Trends, Analysis, and Forecast till 2035
Pharmacy automation is the electronic process of distributing, sorting, packaging, and counting prescription medications. The growing focus on automation to reduce labor costs, increasing specialty drug dispensing, and increasing burden of chronic illness, coupled with the need to minimize medication errors, is propelling the market growth. In addition, pharmacy automation devices help prevent product contamination and errors, thereby reducing the risk of liabilities & increasing patient safety, which are another factors propelling growth of the global market.
Pharmacy Automation Systems Market Report Highlights:
Pharmacy automation systems market size is projected to grow at USD 11688.4 million by 2035.
In 2024, the market was valued at USD 5722 million.
Target market is projected to grow at a CAGR of 8.2%.
North America held the largest share of the market in 2024.
Asia Pacific is projected to be the fastest-growing market in the coming years.
By type, the medication dispensing systems segment dominates the market.
On the basis of end-user, the inpatient pharmacies segment is expected to lead the market during the forecast period.
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Stay informed on the latest trends in the Pharmacy Automation Systems Market, including key drivers, challenges, opportunities, and barriers.
Pharmacy Automation Systems Market Key Highlights:
In December 2024, Swisslog Healthcare, a leading provider of robotic medication management solutions, and BD, a leading global medical technology company, have entered into a co-marketing agreement to offer hospital pharmacies a new approach to end-to-end medication management that combines robotics from Swisslog Healthcare with world-class inventory management and workflow software from BD.
In June 2022, BD, a leading global medical technology company, and Frazier Healthcare Partners, a leading private equity firm focused exclusively on the health care sector, announced a definitive agreement for BD to acquire Parata Systems, an innovative provider of pharmacy automation solutions, for USD 1.525 Billion.
Segmentation:
By Type:
Medical Dispensing Systems
Packaging & Labelling Systems
Table-Top Counters
Others
By End User:
Retail Pharmacies
Inpatient Pharmacies
Acute Care Systems
Long-Term Care Facilities
Outpatient Pharmacies
Fast-Tracks Clinics
Hospital Retail Settings
Others
By Region:
North America
U.S.
Canada
Europe
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
GCC
Israel
South Africa
Rest of Middle East & Africa
Pharmacy Automation Systems Market Competitive Landscape:
Capsa Healthcare
OMNICELL
ScriptPro
Parata Systems, LLC
BD
KUKA AG
Intelliguard Holding Co., Inc.
MCKESSON CANADA CORPORATION
ARxIUM
RxSafe, LLC
Scientific Industries, Inc.
NewIcon
Asteres Inc.
SWISSLOG HEALTHCARE
Key Questions Answered in This Report
1. What was the size of the Pharmacy Automation Systems Market in 2024?
2. What is the expected growth rate of the Pharmacy Automation Systems Market during 2025-2035?
3. What are the key factors driving the Pharmacy Automation Systems Market?
4. What is the breakup of the Pharmacy Automation Systems Market based on the distribution channel?
5. What are the key regions in the Pharmacy Automation Systems Market?
6. Who are the key players/companies in the Pharmacy Automation Systems Market?
7. What are the drivers, restraints, and opportunities in the Pharmacy Automation Systems Market?
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