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Global Pharmacy Automation Market Size study, By Product (Automated Medication Dispensing and Storage Systems, Automated Packaging and Labelling Systems, Automated Tabletop Counters, Automated Medication Compounding Systems, Other Pharmacy Automation Systems), By End-User (Inpatient Pharmacies, Outpatient Pharmacies, Retail Pharmacies, Pharmacy Benefit Management Organizations and Mail-Order Pharmacies), and Regional Forecasts 2022-2028

  • BIZ4983459
  • 200 Pages
  • July 2022
  • Healthcare
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Global Pharmacy Automation Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Pharmacy automation is a mechanical process that is used to handle and distribute medications. This allows pharmacies to efficiently organize their workflows and also eliminates the chances of errors. The increasing requirements for reducing medication errors, rising focus on automation to reduce labor costs, coupled with the growing number of technological advancements are the primary factors fueling the market demand around the world. For instance, in 2021, Innovation Associates declares the introduction of SmartPod, a next-generation robot for central-fill pharmacy environments. The product enables providers to regulate and increase their centralized fulfillment solutions. Likewise, in October 2019, Parata Systems announce the launch of Max 2 the company’s next-generation vial filling robot. These robots automate the filling, labeling, and capping of vials to increase productivity. Accordingly, the introduction of technologically advanced products is exhibiting a positive influence on the global market growth. However, stringent regulatory procedures and high initial capital investments impede the growth of the market over the forecast period of 2022-2028. Also, increasing awareness among pharmacists and emerging markets are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Pharmacy Automation Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising expenditure on technological developments and increasing government support. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing number of companies setting up manufacturing units, as well as growing demand for health technology solutions, would create lucrative growth prospects for the Pharmacy Automation Market across the Asia-Pacific region.

Major market players included in this report are:

Becton, Dickinson and Company

Omnicell, Inc.

KUKA AG

Baxter International Inc.

Capsa Healthcare

Cerner Corporation

i Co., Ltd.

Parata Systems, LLC

RxSafe, LLC

ScriptPro LLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Automated Medication Dispensing and Storage Systems

Automated Packaging and Labelling Systems

Automated Tabletop Counters

Automated Medication Compounding Systems

Other Pharmacy Automation Systems

By End-User:

Inpatient Pharmacies

Outpatient Pharmacies

Retail Pharmacies

Pharmacy Benefit Management Organizations and Mail-Order Pharmacies

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Pharmacy Automation Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Pharmacy Automation Market, by Region, 2020-2028 (USD Million)

1.2.2. Pharmacy Automation Market, by Product, 2020-2028 (USD Million)

1.2.3. Pharmacy Automation Market, by End-User, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Pharmacy Automation Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Pharmacy Automation Market Dynamics

3.1. Pharmacy Automation Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Increasing requirements for reducing medication errors

3.1.1.2. Growing number of technological advancements

3.1.2. Market Challenges

3.1.2.1. Stringent regulatory procedures

3.1.2.2. High initial capital investments

3.1.3. Market Opportunities

3.1.3.1. Increasing awareness among pharmacists

3.1.3.2. Emerging markets

Chapter 4. Global Pharmacy Automation Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Pharmacy Automation Market, by Product

6.1. Market Snapshot

6.2. Global Pharmacy Automation Market by Product, Performance – Potential Analysis

6.3. Global Pharmacy Automation Market Estimates & Forecasts by Product, 2018-2028 (USD Million)

6.4. Pharmacy Automation Market, Sub Segment Analysis

6.4.1. Automated Medication Dispensing and Storage Systems

6.4.2. Automated Packaging and Labelling Systems

6.4.3. Automated Tabletop Counters

6.4.4. Automated Medication Compounding Systems

6.4.5. Other Pharmacy Automation Systems

Chapter 7. Global Pharmacy Automation Market, by End-User

7.1. Market Snapshot

7.2. Global Pharmacy Automation Market by End-User, Performance - Potential Analysis

7.3. Global Pharmacy Automation Market Estimates & Forecasts by End-User, 2018-2028 (USD Million)

7.4. Pharmacy Automation Market, Sub Segment Analysis

7.4.1. Inpatient Pharmacies

7.4.2. Outpatient Pharmacies

7.4.3. Retail Pharmacies

7.4.4. Pharmacy Benefit Management Organizations and Mail-Order Pharmacies

Chapter 8. Global Pharmacy Automation Market, Regional Analysis

8.1. Pharmacy Automation Market, Regional Market Snapshot

8.2. North America Pharmacy Automation Market

8.2.1. U.S. Pharmacy Automation Market

8.2.1.1. Product breakdown estimates & forecasts, 2018-2028

8.2.1.2. End-User breakdown estimates & forecasts, 2018-2028

8.2.2. Canada Pharmacy Automation Market

8.3. Europe Pharmacy Automation Market Snapshot

8.3.1. U.K. Pharmacy Automation Market

8.3.2. Germany Pharmacy Automation Market

8.3.3. France Pharmacy Automation Market

8.3.4. Spain Pharmacy Automation Market

8.3.5. Italy Pharmacy Automation Market

8.3.6. Rest of Europe Pharmacy Automation Market

8.4. Asia-Pacific Pharmacy Automation Market Snapshot

8.4.1. China Pharmacy Automation Market

8.4.2. India Pharmacy Automation Market

8.4.3. Japan Pharmacy Automation Market

8.4.4. Australia Pharmacy Automation Market

8.4.5. South Korea Pharmacy Automation Market

8.4.6. Rest of Asia Pacific Pharmacy Automation Market

8.5. Latin America Pharmacy Automation Market Snapshot

8.5.1. Brazil Pharmacy Automation Market

8.5.2. Mexico Pharmacy Automation Market

8.6. Rest of The World Pharmacy Automation Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Becton, Dickinson and Company

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Omnicell, Inc.

9.2.3. KUKA AG

9.2.4. Baxter International Inc.

9.2.5. Capsa Healthcare

9.2.6. Cerner Corporation

9.2.7. Yuyama Co., Ltd.

9.2.8. Parata Systems, LLC

9.2.9. RxSafe, LLC

9.2.10. ScriptPro LLC

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Pharmacy Automation Market, report scope

TABLE 2. Global Pharmacy Automation Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Pharmacy Automation Market estimates & forecasts by Product 2018-2028 (USD Million)

TABLE 4. Global Pharmacy Automation Market estimates & forecasts by End-User 2018-2028 (USD Million)

TABLE 5. Global Pharmacy Automation Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 6. Global Pharmacy Automation Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Pharmacy Automation Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Pharmacy Automation Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Pharmacy Automation Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Pharmacy Automation Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Pharmacy Automation Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Pharmacy Automation Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Pharmacy Automation Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Pharmacy Automation Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. U.S. Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. U.S. Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 17. U.S. Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 18. Canada Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 19. Canada Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. Canada Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 21. UK Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 22. UK Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. UK Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 24. Germany Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 25. Germany Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. Germany Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 27. RoE Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 28. RoE Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. RoE Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 30. China Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 31. China Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. China Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 33. India Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 34. India Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. India Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 36. Japan Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 37. Japan Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. Japan Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 39. RoAPAC Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 40. RoAPAC Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. RoAPAC Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 42. Brazil Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 43. Brazil Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Brazil Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 45. Mexico Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 46. Mexico Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. Mexico Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 48. RoLA Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 49. RoLA Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. RoLA Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 51. Row Pharmacy Automation Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 52. Row Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. Row Pharmacy Automation Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 54. List of secondary sources, used in the study of global Pharmacy Automation Market

TABLE 55. List of primary sources, used in the study of global Pharmacy Automation Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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