Pharmacy Automation Market by Product (Automated Medication Dispensing & Storage Systems, Table-Top Counters, Retrieval Systems, Medication Compounding) | Global Forecast to 2027

The pharmacy automation market is projected to reach USD 8.2 billion by 2027 from USD 5.6 billion in 2022, at a CAGR of 7.9% during the forecast period. The growth in this market is attributed to the growing need to minimize medication errors, rapid decentralization of pharmacies, and growing focus on automation to reduce labor costs. However, the stringent regulations that delay product launches can inhibit the growth of this market.

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Key players in the Pharmacy Automation Market

The key players operating in the pharmacy automation market Becton, Dickinson and Company (US), Omnicell, Inc. (US), KUKA AG (Swisslog Healthcare) (Germany), Baxter International Inc. (US), Capsa Healthcare (US), Cerner Corporation (US), Yuyama Co., Ltd. (Japan), ARxIUM Inc. (US), Parata Systems, LLC (US), RxSafe, LLC (US), ScriptPro LLC (US), Pearson Medical Technologies, LLC (US), Medical Packaging Inc., LLC (US), Tension Corporation (US), Noritsu Pharmacy Automation (US), Euclid Medical Products (US), TouchPoint Medical Solutions (US), Meditech Pharmacy Management Solutions (Belgium), Innovation Associates (US), McKesson Corporation (US), Willach Group (Group), Stäubli International (Switzerland), MedAvail (Canada), Pharmacy Automation System (US), and Deenova SRL (Italy).

The report analyzes the pharmacy automation market aims at estimating the market size and future growth potential of this market based on various segments such as product, end user and region. The report also includes a product portfolio matrix of various pharmacy automation products available in the market. The report also provides a competitive analysis of the key players in this market, along with their company profiles, product offerings, and key market strategies.

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would helpthem, garner a more significant share of the market. Firms purchasing the report could use one or any combination of the below-mentioned strategies to strengthen their position in the market.

This report provides insights into the following pointers:

Market Penetration: Comprehensive information on product portfolios offered by the top players in the global pharmacy automation market. The report analyzes this market by product, and end user.
Product Enhancement/Innovation: Detailed insights on upcoming trends and product launches in the global pharmacy automation market
Market Development: Comprehensive information on the lucrative emerging markets by product and end users.
Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global pharmacy automation market
Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, competitive leadership mapping, and capabilities of leading players in the global pharmacy automation market.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition & Scope
1.2.1 Inclusions & Exclusions Of The Study
1.2.2 Market Segmentation
Figure 1 Pharmacy Automation Market Segmentation
1.2.3 Years Considered For The Study
1.3 Currency
Table 1 Exchange Rates Utilized For Conversion To Usd
1.4 Stakeholders
1.5 Summary Of Changes

2 Research Methodology
2.1 Research Approach
Figure 2 Pharmacy Automation Market: Research Design
2.1.1 Secondary Research
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
Figure 3 Primary Sources
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Insights From Primary Experts
Figure 4 Breakdown Of Primary Interviews: Supply-Side And Demand-Side Participants
Figure 5 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Market Size Estimation
Figure 6 Market Size Estimation: Revenue Share Analysis
Figure 7 Revenue Share Analysis Illustration
Figure 8 Top-Down Approach
Figure 9 Cagr Projections From The Analysis Of Drivers, Restraints, Opportunities, And Challenges
Figure 10 Cagr Projections
2.3 Data Triangulation Approach
Figure 11 Data Triangulation Methodology
2.4 Market Share Estimation
2.5 Assumptions For The Study
2.6 Limitations
2.6.1 Methodology-Related Limitations
2.6.2 Scope-Related Limitations
2.7 Risk Assessment
Table 2 Risk Assessment: Pharmacy Automation Market

3 Executive Summary
Figure 12 Pharmacy Automation Market, By Product, 2022 Vs. 2027 (Usd Million)
Figure 13 Automated Medication Dispensing And Storage Systems, By Type, 2022 Vs. 2027 (Usd Million)
Figure 14 Automated Medication Dispensing And Storage Systems, By Application/Operation, 2022 Vs. 2027 (Usd Million)
Figure 15 Pharmacy Automation Market, By End User, 2022 Vs. 2027 (Usd Million)
Figure 16 Geographical Snapshot Of The Pharmacy Automation Market

4 Premium Insights
4.1 Pharmacy Automation Market Overview
Figure 17 Growing Need To Minimize Medication Errors And Reduce Healthcare Costs To Drive Market Growth
4.2 Asia Pacific: Pharmacy Automation Market, By Product And Country (2021)
Figure 18 Automated Medication Dispensing And Storage Systems To Dominate The Asia Pacific Market In 2021
4.3 Pharmacy Automation Market: Geographic Growth Opportunities
Figure 19 China To Register The Highest Growth In The Market During The Forecast Period
4.4 Pharmacy Automation Market, By Region (2020-2027)
Figure 20 North America To Dominate The Pharmacy Automation Market In 2027
4.5 Pharmacy Automation Market: Developed Vs. Developing Markets
Figure 21 Developing Markets To Register Higher Growth Rates During The Forecast Period

5 Market Overview
and more...

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