A new report from Meticulous Research® titled "Pharmacy Automation Market by Product and End User - Global Forecast to 2030" explores the industry's promising future.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/pharmaceutical-automation-market-5280
According to this report, the pharmacy automation market is expected to grow at a CAGR of 7.6% from 2023, reaching $7.87 billion by 2030. Growth drivers include the rise of AI in pharmacies, a focus on reducing labor costs through automation, the adoption of robotics, and technology that minimizes medication errors. Furthermore, compact automated systems and rising healthcare expenses in emerging markets present significant opportunities.
However, the market faces obstacles such as stringent regulations and high costs, which deter adoption.
Leading Companies
Key players in this market are Omnicell, Inc. (U.S.), ARxIUM, Inc. (U.S.), MCKESSON CORPORATION (U.S.), Swisslog Healthcare (Switzerland), RxSafe, LLC. (U.S.), Becton, Dickinson and Company (U.S.), Capsa Healthcare (U.S.), TOSHO Inc. (Japan), Medical Packaging Inc., LLC (U.S.), TouchPoint, Inc. (U.S.), Noritsu Pharmacy Automation (U.S.), Körber AG (Germany), and ScriptPro LLC (U.S.).
Market Forecast
The report segments the pharmacy automation market by component, end user, and geography. Automated medication dispensing systems are predicted to hold the largest market share in 2023, thanks to their efficiency in reducing errors and improving patient care. Among end users, retail pharmacies are expected to dominate, benefiting from personalized medication packaging and increased patient satisfaction through automation.
Geographic Analysis
The study covers major regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is forecasted to lead the market in 2023, driven by technological advancements and government support.
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