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Pharmacy Automation Devices Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | Omnicell Inc., McKesson Co., Baxter International Inc., ScriptPro LLC, Becton Dickinson & Company
Pharmacy Automation Devices Market
Pharmacy Automation Devices Market Size, Growth Rate, And Forecast
The global pharmacy automation devices market size is expected to grow from $4.96 billion in 2022 to $5.52 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pharmacy automation devices market size is expected to grow to $8.24 billion in 2027 at a CAGR of 10.6%.
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Pharmacy Automation Devices Market Drivers
The rising medicine wastage is expected to propel the growth of the pharmacy automation devices market going forward. Medicine waste is defined as undesired medications such as expired, unused, spilled, and contaminated pharmaceutical items, pills, vaccines, and sera that are no longer needed and must be disposed of properly. Automated dispensing machines enable physicians to treat critically ill patients more efficiently by offering convenient access to medications for emergencies during and after pharmacy hours without producing any medicine wastage. Therefore, pharmacies are adopting automated devices to reduce their waste, which increases demand for the market.
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Pharmacy Automation Devices Market Segments
• By Product: Medication Dispensing Systems, Packaging And Labeling Systems, Storage And Retrieval Systems, Automated Medication Compounding Systems, Tabletop Tablet Counters
• By End-User: Retail Pharmacy, Inpatient Pharmacies, Outpatient Pharmacies, Pharmacy Benefit Management Organizations and Mail-Order Pharmacies
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Pharmacy Automation Devices market.
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Pharmacy Automation Devices Market Key Players
Major competitors in the Pharmacy Automation Devices market include Omnicell Inc., McKesson Co., Baxter International Inc., ScriptPro LLC, Becton Dickinson & Company, Cerner Corporation, ARxIUM, Capsa Healthcare, Script Pro, Deenova S.R.L., Swisslog Healthcare
The Business Research Company's "Global Pharmacy Automation Devices Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Pharmacy Automation Devices Market Include:
1. Executive Summary
2. Pharmacy Automation Devices Market Characteristics
3. Pharmacy Automation Devices Market Trends And Strategies
4. Pharmacy Automation Devices Market - Macro Economic Scenario
5. Pharmacy Automation Devices Market Size And Growth
………
28. Key Mergers And Acquisitions In The Pharmacy Automation Devices Market
29. Pharmacy Automation Devices Market Future Outlook and Potential Analysis
30. Appendix
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