Key Influencer in the Pharmacy Automation Devices Market 2025: Impact Of Rising Prescription Volume On The Growth Of The Pharmacy Automation Devices Market Driver

What combination of drivers is leading to accelerated growth in the pharmacy automation devices market?
The demand for pharmacy automation devices is projected to rise along with the growth in prescription volumes. The surge in prescription volumes is attributed to factors such as an increasing aging population, growing incidence of chronic diseases, and broader access to healthcare facilities. Automation in pharmacies helps streamline the prescription management process, minimizes mistakes, and enhances the capacity to manage the growing prescription volumes effectively. For example, in July 2024, the Australian Institute of Health and Welfare, an official agency based in Australia, reported that in the period 2022-23, PBS prescriptions were dispensed to 17.8 million Australians, which makes up 67% of the population. Prescription dispensing rates increased with age, the lowest being in the 0-14 age group (184 prescriptions for every 100 individuals), and the highest in those aged 85 and above (6,031 prescriptions for every 100 individuals). Thus, the increasing prescription volume is a major driver of the pharmacy automation devices market.

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What is the projected compound annual growth rate (CAGR) of the pharmacy automation devices market from 2025 to 2034, and what factors influence it?
The market size for pharmacy automation devices has experienced a swift expansion in the previous years. The projections showcase a growth from $6.06 billion in 2024 to $6.73 billion in 2025, marking a compound annual growth rate (CAGR) of 10.9%. This upward trajectory during the historical period can be credited to various factors, including the rise in prescription volumes, need for error minimization, the drive to enhance operational efficiency, obligatory compliance regulations, a shortage in the pharmacy workforce, a growing patient requirement for speedy services, and issues regarding inventory management.

The market size of pharmacy automation devices is predicted to experience significant growth in the forthcoming years. Forecasted to attain a value of $10.1 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 10.7%, various factors can be credited for this trend in the predicted period. These include the globalisation of pharmacy services, a focus on improving pharmacy workflow, an increased spotlight on preventive care and patient-centric medication management, sustainable practices, and the growth of telemedicine services. Key trends expected in this period encompass the use of robotics and automation, the advent of centralised automated dispensing systems (CADS), incorporation of artificial intelligence (AI), the growth of telepharmacy services, medication verification technologies, and the deployment of automated prescription filling machines.

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How are the latest trends influencing the growth of the pharmacy automation devices market?
In the market for pharmacy automation devices, the key trend emerging is product innovation. The primary companies in this market are concentrating on creating novel and innovative solutions to satisfy customer needs. For example, Deenova, a leading supplier of combined robotic and automation solutions based in Italy, introduced its pioneering product line, AIDE, in July 2023. This introduction encompasses two groundbreaking automation systems: AIDE-CUT, intended for repackaging medicines into unit doses, and AIDE-PICK, for automating patient therapy dispensing. The main goal of these advanced systems is to improve operational efficiency and guarantee complete traceability of medication in the hospital's drug management procedures.

What are the major segments of the pharmacy automation devices market and their role in driving growth?
The pharmacy automation devices market covered in this report is segmented -

1) By Product: Medication Dispensing Systems, Packaging And Labeling Systems, Storage And Retrieval Systems, Automated Medication Compounding Systems, Tabletop Tablet Counters
2) By End-User: Retail Pharmacy, Inpatient Pharmacies, Outpatient Pharmacies, Pharmacy Benefit Management Organizations And Mail-Order Pharmacies

Subsegments:
1) By Medication Dispensing Systems: Automated Dispensing Machines, Robotic Dispensing Systems
2) By Packaging And Labeling Systems: Automated Packaging Machines, Labeling Systems For Prescription Medications
3) By Storage And Retrieval Systems: Automated Storage Systems, Carousel Storage Systems
4) By Automated Medication Compounding Systems: IV Compounding Systems, Oral Compounding Systems
5) By Tabletop Tablet Counters: Electronic Tablet Counters, Manual Tablet Counters

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Which regions are key players in the growth of the pharmacy automation devices market?
North America was the largest region in the pharmacy automation devices market in 2024. The regions covered in the pharmacy automation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the pharmacy automation devices market?
Major companies operating in the pharmacy automation devices market are Omnicell Inc., McKesson Corporation, Baxter International Inc., Becton Dickinson & Company, Cerner Corporation, ARxIUM Inc., Capsa Healthcare, ScriptPro LLC, Deenova SRL, Swisslog Healthcare, RxSafe LLC, Yuyama Co Ltd., Accu Chart Plus Healthcare Systems Inc., Amerisource Bergen Corp, Talyst LLC, Medacist Solutions Group LLC, Kirby Lester, TouchPoint Medical, Kuka AG, Danaher Corporation, Lonza Group., Parata Systems LLC, Aesynt Incorporated, Innovation PharmaAssist Robotics Pvt Ltd., ForHealth Technologies, Health Robotics Srl, Pearson Medical Technologies LLC, R/X Automation Solutions Inc., Talon Innovations Corporation, Tension Packaging & Automation

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What Is Covered In The Pharmacy Automation Devices Global Market Report?

• Market Size Forecast: Examine the pharmacy automation devices market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the pharmacy automation devices market for a structured understanding.
• Key Players Overview: Analyze major players in the pharmacy automation devices market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the pharmacy automation devices market.
• Segment Contributions: Evaluate how different segments drive overall growth in the pharmacy automation devices market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the pharmacy automation devices market.
• Industry Challenges: Identify potential risks and obstacles affecting the pharmacy automation devices market.
• Competitive Landscape: Review strategic developments in the pharmacy automation devices market, including expansions, agreements, and new product launches.

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