Press release
harmacy Automation Market Expands at 9.1% CAGR as Hospitals Embrace Robotic Dispensing and Digital Medication Management
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.Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/1483
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 refers to the implementation of robotic systems and advanced technological solutions designed to streamline medication management and distribution processes. The substantial growth of the pharmacy automation market is largely fueled by an increased focus on patient safety, rising healthcare expenditures, and the urgent need to reduce medication-related errors. Through the integration of automation technologies, pharmacies and healthcare institutions can enhance workflow efficiency, minimize dispensing inaccuracies, elevate the standard of patient care, and achieve improved operational performance.
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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: Increasing Strain on Healthcare Infrastructure
The expansion of the pharmacy automation market is primarily fueled by the growing pressure on healthcare systems worldwide. As the global population ages and the incidence of chronic diseases rises, healthcare providers are increasingly challenged to ensure the accurate and timely dispensing of medications. Pharmacy automation technologies address these challenges by enhancing dispensing precision, reducing human error, and enabling pharmacists to allocate more time to direct patient care and clinical responsibilities.
Challenges: High Implementation and Maintenance Costs
One of the primary barriers to the widespread adoption of pharmacy automation solutions is the substantial cost associated with system procurement, installation, and ongoing maintenance. Smaller healthcare facilities and resource-constrained pharmacies may struggle to justify the capital investment required for comprehensive automation systems, particularly those with multifunctional capabilities. Additionally, the need for continuous technical support and maintenance further elevates the total cost of ownership, creating obstacles in regions where healthcare budgets are limited and cost-efficiency remains a key concern.
Regional Trends: North America's Market Leadership
North America is projected to maintain a dominant position in the global pharmacy automation market, supported by strong revenue performance and a favorable compound annual growth rate (CAGR). This leadership is attributed to the region's advanced healthcare infrastructure, high adoption rate of innovative technologies, and supportive reimbursement policies. Moreover, the strategic focus on enhancing medication safety and reducing dispensing errors continues to drive the region's robust investment in automation technologies.
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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
Read Overview Report- https://www.insightaceanalytic.com/report/global-pharmacy-automation-market/1483
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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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