Press release
Pharmacy Automation Market Forecast to Reach 15.86 Billion by 2034 Fueled by Technological Advancements and Healthcare Digitalization
The Global Pharmacy Automation Market Size is valued at 6.7 Billion in 2024 and is predicted to reach 15.86 Billion by the year 2034 at an 9.1% CAGR during the forecast period for 2025-2034.Global Pharmacy Automation Market 2025-2034 full Research Repot latest version is now available.
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Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global pharmacy automation market are:
• Growing reliance on medical facilities
• Growing need for managing medication information
• Technological development
The following are the primary obstacles to pharmacy automation market's expansion:
• Strict Legislation
• High cost
• Lack of qualified personnel
Future expansion opportunities for the global pharmacy automation market include:
• Increasing attention on tailored healthcare
• Rising rates of persistent diseases
• Increasing g research and development efforts
Key Industry Insights & Findings from the report:
• Pharmacy automation systems are used to comply with strict laws pertaining to pharmaceutical quality and security requirements.
• The industry for pharmacy automation is primarily driven by the desire to enhance patient security and the rise in drug mistakes.
• North America dominated the market and accounted for a revenue share of global revenue in 2023.
• The market acceptance is expected to be hindered by the difficult legislative processes.
Market Analysis:
Pharmacy automation encompasses the deployment of robotic systems and advanced technological solutions to enhance the efficiency and accuracy of medication management and distribution. The robust expansion of the pharmacy automation market is primarily driven by the growing emphasis on patient safety, escalating healthcare expenditures, and the critical need to mitigate medication-related errors. By integrating automation into pharmacy operations, healthcare facilities and pharmacies can optimize workflow, reduce the incidence of dispensing errors, improve the quality of patient care, and achieve greater operational efficiency.
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List of Prominent Players in the Pharmacy Automation Market:
• Becton,Dickinson and Company
• Omnicell, Inc.
• Kuka AG (Swisslog Healthcare)
• Baxter International Inc.
• Capsa Healthcare
• Baxter International Inc.
• Capsa Healthcare
• Cerner Corporation
• Yuvama Co., Ltd,
• ARxIUM Inc.
• Parata Systems, LLC
• RXsafe, LLC
• ScriptPro LLC
• Pearson Medical Technologies, LLC
• Medical Packaging Inc., LLC
• Tension Corporation
• Noritsu Pharmacy Automation
• Euclid Medical Products
• TouchPoint Medical Solutions
• Meditech Pharmacy Management Solutions
Recent Developments:
• In March 2024, Omnicell, Inc. (Nasdaq: OMCL) launched Essential Medical Automation Service, a subscription system program designed to assist healthcare systems in setting up and continuously upgrading organized medication control for Established pharmacy services Centers and related operations.
• In August 2024, Baxter International Inc. launched The Vest Enhanced Pneumatic Experience device, a contemporary airway clearing device, at the North American Chronic Fibrosis Event. The Vest APX System facilitates regular care for both kids and adults with retained sputum and certain chronic lung disorders. Improved convenience and extra patient-focused features based on feedback from patients and clinicians are included in the system, which nonetheless uses the same reliable ventilation technologies as the previous iteration.
• In January 2025, Capsa Healthcare, a pioneer of thoughtfully created integrated pharmacy automation systems, is happy to present the release of its latest KL1v estimating device. This device uses established breakthrough technology to provide precise and effective filled prescriptions and dosage counting.
Pharmacy Automation Market Dynamics:
Market Drivers: Rising Pressure on Healthcare Infrastructure
The growth of the pharmacy automation market is largely driven by the increasing demand placed on healthcare facilities globally. As the aging population expands and the prevalence of chronic illnesses continues to rise, pharmacy personnel are under mounting pressure to ensure precise and prompt medication dispensing. Automation technologies offer effective solutions to these challenges by improving dispensing accuracy, minimizing human error, and enabling pharmacists to dedicate more time to direct patient care.
Challenges: High Costs of Implementation and Maintenance
A major obstacle to the widespread adoption of pharmacy automation solutions is the high cost associated with system acquisition, installation, and ongoing maintenance. Smaller healthcare facilities and budget-constrained pharmacies may find it difficult to invest in comprehensive automation technologies. The substantial capital expenditure required for implementing advanced systems-particularly those encompassing multiple automated functions-along with the continuous costs of maintenance and technical support, poses a significant barrier, especially in regions focused on cost containment and facing limited healthcare funding.
Regional Trends: Dominance of North America
North America is expected to command a leading position in the global pharmacy automation market, with robust revenue generation and a strong projected compound annual growth rate (CAGR). This growth is supported by the region's high rate of adoption of cutting-edge healthcare technologies and favorable reimbursement frameworks. A mature healthcare infrastructure and a strategic emphasis on minimizing medication errors further reinforce the region's leadership in pharmacy automation adoption.
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Segmentation of Pharmacy Automation Market-
By Product Type-
• Automated Medication Dispensing and Storage Systems
• Automated Packaging and Labelling Systems
• Automated Tabletop Counters
• Automated Medication Compounding Systems
By End-users-
• Inpatient Pharmacies
• Outpatient Pharmacies
• Retail Pharmacies
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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