Pharmacy Automation Systems Market Size 2025-2029
The pharmacy automation systems market size is valued to increase by USD 3.49 billion, at a CAGR of 9.2% from 2024 to 2029. Heightened emphasis on medication error reduction and patient safety will drive the pharmacy automation systems market.
Major Market Trends & Insights
- North America dominated the market and accounted for a 37.5% growth during the forecast period.
- By Product Type - Automated medication dispensing system segment was valued at USD 1.68 billion in 2023
- By End-user - Retail pharmacy segment accounted for the largest market revenue share in 2023
Market Size & Forecast
- Market Opportunities: USD 4.70 billion
- Market Future Opportunities: USD 3.49 billion
- CAGR from 2024 to 2029 : 9.2%
Market Summary
What will be the Size of the Pharmacy Automation Systems Market during the forecast period?
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How is the Pharmacy Automation Systems Market Segmented?
The pharmacy automation systems industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
- Product type
- Automated medication dispensing system
- Automated storage and retrieval system
- Automated packaging and labeling system
- Others
- End-user
- Retail pharmacy
- Hospital pharmacy
- Others
- Type
- Semi automatic systems
- Fully automatic systems
- Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- APAC
- China
- Japan
- India
- Rest of World (ROW)
- North America
By Product Type Insights
The automated medication dispensing system segment is estimated to witness significant growth during the forecast period.
The Automated medication dispensing system segment was valued at USD 1.68 billion in 2023 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 37.5% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Pharmacy Automation Systems Industry?
What are the market trends shaping the Pharmacy Automation Systems Industry?
What challenges does the Pharmacy Automation Systems Industry face during its growth?
Exclusive Technavio Analysis on Customer Landscape
The pharmacy automation systems market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the pharmacy automation systems market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Pharmacy Automation Systems Industry
Competitive Landscape
Companies are implementing various strategies, such as strategic alliances, pharmacy automation systems market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Accu Chart Plus Healthcare Systems Inc. -
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Accu Chart Plus Healthcare Systems Inc.
- AmerisourceBergen Corp.
- ARxIUM Inc.
- Baxter International Inc.
- Becton Dickinson and Co.
- Capsa Healthcare LLC
- McKesson Corp.
- MIDEA Group Co. Ltd.
- Omnicell Inc.
- Optel Group
- Oracle Corp.
- Pearson Medical Technologies LLC
- Rxsafe LLC
- Scientific Industries Inc.
- ScriptPro LLC
- Swisslog Healthcare AG
- Yuyama USA Inc.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Pharmacy automation systems market
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Pharmacy Automation Systems Market insights. See full methodology.
| Market Scope | |
|---|---|
| Page number | 290 |
| Base year | 2024 |
| Historic period | 2019-2023 |
| Forecast period | 2025-2029 |
| Growth momentum & CAGR | Accelerate at a CAGR of 9.2% |
| Market growth 2025-2029 | USD 3492.3 million |
| Market structure | Fragmented |
| YoY growth 2024-2025(%) | 8.7% |
| Key countries | US, Canada, Mexico, Germany, UK, France, Italy, The Netherlands, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Thailand, Singapore, UAE, Brazil, South Africa, Saudi Arabia and Turkey |
| Competitive landscape | Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Research Analyst Overview
What are the Key Data Covered in this Pharmacy Automation Systems Market Research and Growth Report?
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What is the expected growth of the Pharmacy Automation Systems Market between 2025 and 2029?
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USD 3.49 billion, at a CAGR of 9.2%
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What segmentation does the market report cover?
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The report is segmented by Product Type (Automated medication dispensing system, Automated storage and retrieval system, Automated packaging and labeling system, and Others), End-user (Retail pharmacy, Hospital pharmacy, and Others), Type (Semi automatic systems, and Fully automatic systems) and Geography (North America, Europe, APAC, Rest of World (ROW))
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Which regions are analyzed in the report?
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North America, Europe, APAC and Rest of World (ROW)
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What are the key growth drivers and market challenges?
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Heightened emphasis on medication error reduction and patient safety, High initial capital investment and uncertain return on investment
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Who are the major players in the Pharmacy Automation Systems Market?
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Accu Chart Plus Healthcare Systems Inc., AmerisourceBergen Corp., ARxIUM Inc., Baxter International Inc., Becton Dickinson and Co., Capsa Healthcare LLC, McKesson Corp., MIDEA Group Co. Ltd., Omnicell Inc., Optel Group, Oracle Corp., Pearson Medical Technologies LLC, Rxsafe LLC, Scientific Industries Inc., ScriptPro LLC, Swisslog Healthcare AG and Yuyama USA Inc.
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Market Research Insights
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