Pharmacy Automation Market Size & Trends By 2031

According to Straits Research, the global Pharmacy Automation Market size was valued at USD 5.11 Billion in 2022 and it is projected to reach USD 10.22 Billion in 2031, growing at a CAGR of 8% during the forecast period (2021-2031).

Industrial Snapshot of Pharmacy Automation Market

The Pharmacy Automation Market Report is a treasured source of insightful data for business strategists. It provides an in-depth assessment of numerous features of industries like market overview, present progress valuations, historical and future Studies, current trends, SWOT valuations, and clients operating in several regions. The study provides valuable information to magnify the understanding, scope, and segments of this report. The report covers a comprehensive analysis of Pharmacy Automation Market segmentation, regional and country breakdowns. This research will offer a clear and exact idea about the whole industry to the readers to make beneficial decisions.

According to Straits Research, the global Pharmacy Automation Market size was valued at USD 5.11 Billion in 2022 and it is projected to reach USD 10.22 Billion in 2031, growing at a CAGR of 8% during the forecast period (2021-2031).

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Competitive Analysis

The report contains an in-depth analysis of the vendor’s profile, including financial health, business units, key business priorities, SWOT, strategies, and views.

  1. Becton, Dickinson and Company (BD)
  2. Omnicell, Inc.
  3. ScriptPro LLC
  4. Parata Systems
  5. Swisslog Healthcare
  6. McKesson Corporation
  7. Cerner Corporation
  8. ARxIUM Inc.
  9. Yuyama Co., Ltd.
  10. KUKA AG
  11. Rxsafe, LLC
  12. Accu-Chart Plus Healthcare Systems, Inc.
  13. Innovation Associates
  14. AmerisourceBergen Corporation
  15. Kirby Lester LLC

The vendors have been identified based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant R&D investments.

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Vendors across different verticals are planning for high investments in this market, and as a result, the market is expected to grow at an impressive rate in the upcoming years. The key players are adopting various organic and inorganic growth strategies such as mergers & acquisitions, collaboration & partnerships, joint ventures, and a few other strategies to be in a strong position in the global market.

Market Segmentation Analysis

The report provides a wide-ranging evaluation of the market, providing in-depth qualitative insights, historical data, and supportable projections along with the assumptions about the Pharmacy Automation Market size. The projections featured in the report have been derived using proven research methodologies and assumptions based on the vendor’s portfolio, blogs, white papers, and vendor presentations. Thus, the research report represents every side of the Pharmacy Automation Market and is segmented on the basis of regional markets, offerings, applications, and end-users.

  1. By Product
    1. Automated Medication Dispensing Systems
      1. by Type
        1. Robots/Robotic Automated Dispensing Systems
        2. Carousels
        3. Automated Dispensing Cabinets
      2. By Application/Operation
        1. Centralized Pharmacies
        2. Decentralized Pharmacies
    2. Automated Packaging and Labeling Systems
    3. Automated Table-top Counters
    4. Automated Storage and Retrieval Systems
    5. Other Products
  2. By Pharmacy Type
    1. Independent
    2. Chain
    3. Federal
  3. By End User
    1. Inpatient Pharmacies
      1. Long Term Care Facilities
      2. Acute Care Systems
    2. Outpatient Pharmacies
      1. Hospital Retail Settings
      2. Outpatient/Fast-Track Clinics
    3. Retail Pharmacies
    4. Pharmacy Benefit Management Organizations and Mail-Order Pharmacies

Access Detailed Segmentation: https://straitsresearch.com/report/pharmacy-automation-market/segmentation

Regional Analysis

North America held the largest Pharmacy Automation Market share in 2018 and is expected to dominate the market during the forecast period. The market will experience a steep rise in the following regions covered- North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Benefits

Pharmacy Automation Market Industry companies to ensure business continuity with powerful protection by constantly checking the report and representing attractive growth opportunities for the companies. Pharmacy Automation Market handles all the needs of the operators by allowing them to improve their services and concentrate on their core business. Pharmacy Automation Market Research aims to increase business agility and reduce operational and capital expenditure with improved technology rollouts and capacity planning. The report discusses service types and regions related to this Pharmacy Automation Market. Further, the report provides details about the major challenges affecting the market growth.

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Other Features of the Report:

  1. Provides a thorough analysis of the key strategies with a focus on the corporate structure, R&D methods, localization strategies, production capabilities, sales, and performance in various companies.
  2. Provides valuable insights into the product portfolio, including product planning, development, and positioning.

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Shyam Kumar

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