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Pharmacy Automation Market

Pharmacy Automation Market

Pharmacy Automation Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

146

Base Year:

2022

Date

Jun - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1681

Segments Covered
  • By Product By Product Automated Medication Dispensing and Storage Systems, Automated Packaging and Labelling Systems, Automated Tabletop Counters, Automated Medication Compounding Systems, Others
  • By End User By End User Inpatient Pharmacies, Outpatient Pharmacies, Retail Pharmacies, Pharmacy Benefit Management Organizations and Mail-Order Pharmacies
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 5565.82 Million
Revenue 2030Revenue 2030: USD 9707.06 Million
Revenue CAGRRevenue CAGR (2023 - 2030): 7.20%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst

Research Methodology: Pharmacy Automation Market by Product by End User by Region - Global Market Assessment, 2021 - 2028

Secondary Research

Primary Research:

The later stage covers data validation and collection from primary research. The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Pharmacy Automation supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:


  • Pharmacy Automation market size at regional and country level
  • Key industry players and their market share and Pharmacy Automation market-specific sales/revenue
  • Understanding of the Pharmacy Automation supply chain and overall ecosystem

Data Triangulation and Market Size Estimations

After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Pharmacy Automation market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market.  The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Pharmacy Automation market. 

FAQ
Frequently Asked Question
  • The global Pharmacy Automation valued at USD 5565.82 Million in 2022 and is expected to reach USD 9707.06 Million in 2030 growing at a CAGR of 7.20%.

  • The prominent players in the market are Becton Dickinson and Company (US), Omnicell Inc. (US), KUKA AG (Swisslog Healthcare) (Germany), Baxter International Inc. (US), Capsa Healthcare (US), Cerner Corporation (US), Yuyama Co. Ltd. (Japan), ARxIUM Inc. (US), Parata Systems LLC (US), RxSafe LLC (US), ScriptPro LLC (US), Pearson Medical Technologies LLC (US), Medical Packaging Inc. LLC (US), Tension Corporation (US), Noritsu Pharmacy Automation (US), Euclid Medical Products (US), TouchPoint Medical Solutions (US), Meditech Pharmacy Management Solutions (Belgium), Innovation Associates (US), McKesson Corporation (US), Willach Group (Group), Stäubli International (Switzerland), MedAvail (Canada), Pharmacy Automation System (US), Deenova SRL (Italy).

  • The market is project to grow at a CAGR of 7.20% between 2023 and 2030.

  • The driving factors of the Pharmacy Automation include

    • Growing need to minimize medication errors

  • North America was the leading regional segment of the Pharmacy Automation in 2022.