Pharmacy Automation Market to Grow at a CAGR of 10.05% during 2022-2030 - Beckton, Dickinson and Company, Omnicell ,Baxter ,Cerner, Arxium , Knapp

The market crossed US$ 6.09 billion mark in 2022 and is expected to hit US$ 13.60 billion by 2030, recording a CAGR of 10.5% during the forecast period.

Medication and dispensing errors are recognized as leading causes of hospital readmission across the globe. Poor order communication between physicians and pharmacists, dangerous storage practices in pharmacies, and the confusion arising from similar labels and drug prescriptions during the preparation or dispensing of drugs or during drug administration are some key factors contributing to medication errors. Thus, this led to the adoption of pharmacy automation techniques in multi-chain pharmacy stores. Robots/robotic automated dispensing systems captured the largest share in 2022 and are considered one of the most efficient solutions to minimize these errors. Robots can be designated to carry path control functions, and provide smoothness to the flow of materials.

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The report offers in-depth assessment of the growth and other aspects of the Pharmacy Automation market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

Major key players covered in this Pharmacy Automation Market report:

Beckton, Dickinson and Company
Omnicell, Inc.
Baxter International Inc.
Capsa Healthcare
Cerner Corporation
Yuyama Co., Ltd.
Arxium, Inc.
Parata Systems, LLC.
Rxsafe, LLC.
Scriptpro, LLC.
iA
Centered Solutions, L.L.C.
Knapp
SSI Schaefer
Other market participants

Product:
Automated Medication Dispensing and Storage Systems
Automated Packaging and Labeling Systems
Automated Tabletop Counters
Automated Medication Compounding Systems
Central Fill Prescription Processing and Replenishment Systems
Therapy Management
Collation
Others

Type:
Robots/Robotic Automated Dispensing Systems
Carousels
Automated Dispensing Cabinets (ADCs)
Others

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Pharmacy Automation Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.

Major Key Points of Pharmacy Automation Market
• Pharmacy Automation Market Overview
• Pharmacy Automation Market Competition
• Pharmacy Automation Market, Revenue and Price Trend
• Pharmacy Automation Market Analysis by Application
• Company Profiles and Key Figures in Pharmacy Automation Market
• Market Dynamics
• Methodology and Data Source

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Within the report, the market is segmented into product, application, end user, and geography. By product, the market is further segmented into automated medication dispensing & storage systems, automated packaging & labeling systems, automated tabletop counters, automated medication compounding systems, central fill prescription processing & replenishment systems, therapy management, collation, and others. On the type, the market is segmented into robots/robotic automated dispensing systems, carousels, automated dispensing cabinets (ADCs), and others.

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