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Global Pharmacy Automation Market Revenue to Reach USD 9.48 Billion by 2030 - Exclusive Research Report by Arizton
Global Pharmacy Automation Market Research Report by Arizton
According to Arizton's latest research report, the global pharmacy automation market [https://www.arizton.com/market-reports/pharmacy-automation-market] is growing at a CAGR of 7.44% during 2024-2030.
To Know More, Click: https://www.arizton.com/market-reports/pharmacy-automation-market
Report Summary
Market Size (2030): USD 9.48 Billion
Market Size (2024): USD 6.16 Billion
CAGR (2024-2030): 7.44%
Historic Year:2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Largest Region (2024): North America
Fastest-Growing Region: Asia Pacific
Market Segmentation: Component, Product Type, Facility Type, Distribution Model, End-Users, And Geography
Geographic Analysis: North America, Europe, APAC, Latin America, And the Middle East & Africa
Market Overview
The global pharmacy automation market is undergoing a significant transformation, driven by the growing need for precision, efficiency, and safety in pharmaceutical dispensing and medication management. Factors such as the rising prevalence of chronic diseases, an ageing population, and mounting pressure on healthcare systems have accelerated the adoption of automation as a strategic solution to optimize workflows and enhance patient outcomes. The market is poised for robust growth, supported by increasing prescription volumes, the shift toward both centralized and decentralized pharmacy models, and the imperative to reduce human error in dispensing.
Technological advancements, particularly in automated dispensing cabinets, robotic prescription systems, packaging and labelling technologies, and tabletop counters, are being propelled by innovations in AI, machine learning, and cloud computing. These tools enable real-time inventory tracking, predictive maintenance, and data-driven decision-making, reshaping pharmacy operations and supply chain dynamics. Looking ahead, the market will continue to advance toward greater interoperability, AI-powered clinical support, and predictive pharmacy management, positioning automation as a cornerstone of value-based care and patient-centric healthcare delivery.
Expansion of Telepharmacy & Remote Patient Management Services
The rapid expansion of telepharmacy and remote patient management (RPM) services is transforming the way healthcare systems approach medication delivery and patient care. Accelerated by the COVID-19 pandemic, telepharmacy emerged as a vital solution to reduce in-person visits and ensure safe, continuous access to medication. As healthcare IT and telecommunications continue to evolve, telepharmacy is becoming seamlessly integrated into mainstream care models.
The incorporation of artificial intelligence (AI) and electronic health records (EHRs) is further enhancing telepharmacy capabilities. AI-powered tools optimize medication management by analyzing patient data, identifying potential drug interactions, and offering personalized treatment recommendations. EHR integration ensures seamless access to patient information, improving medication safety and workflow efficiency. Remote patient monitoring (RPM) has become a key component of modern healthcare, allowing continuous tracking of patients' health outside traditional clinical settings. The combination of telepharmacy, RPM, and pharmacy automation, such as robotic dispensing units and AI-based inventory systems, is transforming medication management by reducing errors and improving operational efficiency.
Recent Vendor Activities
* In 2022, Baxter introduced the ExactaMix Pro, a next-generation automated nutrition compounder certified by the US Food and Drug Administration (FDA) with a recognized UL 2900-2-1 cybersecurity standard. This device simplifies common pharmacy tasks, offers stronger data reporting capabilities, and delivers an improved customer experience
* In June 2022, BD acquired Parata Systems for $1.525 billion. Parata offers a range of pharmacy automation solutions, including high-speed robotic dispensers, workflow solutions, inventory management software, and adherence packaging tools.
Hospital Digitization and EHR Integration Accelerate Market Expansion in Global Pharmacy Automation
Global Pharmacy Automation Market is rapidly expanding as hospitals worldwide accelerate digital transformation through the integration of Electronic Health Records (EHRs) and advanced automation technologies. By connecting pharmacy automation directly with EHR platforms, hospitals can automatically process prescriptions, verify patient information, check for drug interactions, and dispense medications with minimal human intervention, reducing errors and speeding up delivery. These technologies, including automated dispensing cabinets and robotic fulfilment units, help address critical challenges like labour shortages, medication safety, and inventory management. While adoption remains strong in developed regions, emerging economies such as India, China, and Brazil are also investing heavily in healthcare digitization and EHR infrastructure, driving significant growth opportunities across the global pharmacy automation market.
Global Pharmacy Automation Market: North America Leads with Strong Market Dominance
North America dominates the global pharmacy automation market with the largest share of over 38%. The market in North America is experiencing substantial growth, driven by increasing prescription volumes, rising healthcare demands, a focus on patient safety, and technological advancements. As one of the most mature and technologically advanced healthcare markets in the world, North America, led by the US and Canada, has emerged as a significant hub for pharmacy automation adoption. The region's well-established healthcare infrastructure, widespread digitization, and early adoption of advanced technologies contribute to its leadership in this space.
The US is a hub for one of the most advanced and complex healthcare systems in the world and stands as a leading market for pharmacy automation. As the country deals with increasing prescription volumes, rising healthcare costs, workforce shortages, and the demand for greater accuracy in medication management, pharmacy automation has emerged as a vital solution. The US has one of the highest rates of prescription drug usage globally. According to the CDC, nearly 48% of Americans have used at least one prescription drug in the past 30 days. Automation helps manage this high volume with speed and accuracy. Medication errors are a significant concern in the US healthcare system. Automation minimizes human error through barcode scanning, robotic verification, and real-time tracking, thereby enhancing patient safety.
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Vendor Landscape
* ARxIUM
* Baxter
* BD
* Capsa Healthcare
* Cencora
* MCKESSON
* Omnicell
Other Prominent Vendors
* Accu-Chart Plus Health Care Systems
* Bluesight
* Euclid Medical Products
* JFCRx
* Deenova S.r.l.
* iA
* Medical Packaging
* Noritsu Pharmacy Automation
* Pearson Medical Technologies
* RxSafe
* ScriptPro
* Swisslog Healthcare
* Tension Packaging & Automation
* TouchPoint Medical
* Yuyama
Market Segmentation & Forecast
Component
* Hardware
* Software
* Services
Product
* Automated Medication Dispensing Systems
* Automated Storage and Retrieval Systems (AS/RS)
* Automated Packaging and Labelling Systems
* Automated Compounding Devices
* Tabletop Tablet Counters
* Others
Facility
* Large Scale Pharmacies
* Small & Medium Sized Pharmacies
Distribution Model
* Centralized Systems
* Decentralized Systems
End-Users
* Hospital Pharmacies
* Retail Pharmacies
* Long-Term Care Pharmacies
* Others
Geography
North America
* US
* Canada
Europe
* Germany
* UK
* France
* Italy
* Spain
APAC
* China
* Japan
* India
* South Korea
* Australia
Latin America
* Brazil
* Mexico
* Argentina
Middle East & Africa
* Turkey
* Saudi Arabia
* South Africa
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https://www.arizton.com/market-reports/pharmacy-benefit-management-market-in-united-states
Global Precision Medicine Software Market - Focused Insights 2024-2029
https://www.arizton.com/market-reports/precision-medicine-software-market
What Key Findings Our Research Analysis Reveals?
* What are the trends in the global pharmacy automation market?
* How big is the global pharmacy automation market?
* What is the growth rate of the global pharmacy automation market?
* What is pharmacy automation?
* What is driving growth in the global pharmacy automation market?
* What types of pharmacy automation systems are available?
* Which end users benefit most from pharmacy automation in the global market?
* Which are the biggest global pharmacy automation market companies?
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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