Product Code: TIPRE00018308
The pharmacy automation equipment market was valued at US$ 4,984.70 million in 2020 and is projected to reach US$ 9,195.36 million by 2028; it is expected to grow at a CAGR of 8.0% from 2021 to 2028.
Increasing errors in medication and growing demand for healthcare services are among the major factors fueling the market growth. Moreover, technological developments and integration of artificial intelligence (AI) are expected to foster the market growth during the forecast period. However, the problems associated with automated dispensing systems such as regular software update and high system maintenance requirements hinder the growth of the pharmacy automation equipment market. Additionally, APAC countries are witnessing rise in the demand for pharmacy automation equipment products. The Indian pharmaceutical industry is likely to expedite the adoption of digitization and automation in manufacturing and supply chain management. In this regard, the sector is working on the integration of IoT, AI, and ML into machine and manufacturing technologies to abide with the global norms. Thus, the escalating demand for pharmacy automation equipment due to the rising cases of COVID-19 is driving the growth of the market.
The global pharmacy automation equipment market is segmented on the basis of type and end user. Based on type, the market is segmented into automated medication dispensing systems, automated packaging & labeling systems, automated storage & retrieval systems, automated compounding devices, and tabletop tablet counters. The automated medication dispensing systems segment held the largest share of the market in 2020, whereas the automated compounding devices segment is anticipated to register the highest CAGR during 2021-2028. Based on end user, the pharmacy automation equipment market is segmented into hospital pharmacy, retail pharmacy, and others. The hospital pharmacy segment held the largest share of the market in 2020, whereas the retail pharmacy segment is estimated to register the highest CAGR during the forecast period.
The World Health Organization (WHO), Centers for Disease Control and Prevention (CDC), and the National Health Service (NHS) are among the primary and secondary sources referred to while preparing the report on the pharmacy automation equipment market.
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Table Of Contents
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 Global Pharmacy Automation Equipment Market - By Type
- 1.3.2 Global Pharmacy Automation Equipment Market - By End User
- 1.3.3 Global Pharmacy Automation Equipment Market- By Geography
2. Pharmacy Automation Equipment Market- Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Global Pharmacy Automation Equipment Market- Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.2.1 North America PEST Analysis
- 4.2.2 Europe PEST Analysis
- 4.2.3 APAC PEST Analysis
- 4.2.4 MEA PEST Analysis
- 4.2.5 SCAM PEST Analysis
- 4.3 Expert Opinion
5. Pharmacy Automation Equipment Market- Industry Dynamics
- 5.1 Market Drivers
- 5.1.1 Increasing Medication Errors
- 5.1.2 Increasing Demand for Healthcare Services
- 5.2 Market Restraints
- 5.2.1 Problems Associated with Automated Dispensing Systems
- 5.3 Market Opportunities
- 5.4 Future Trends
- 5.4.1 Technological Developments
- 5.5 Impact analysis
6. Pharmacy Automation Equipment Market- Global Analysis
- 6.1 Global Pharmacy Automation Equipment Market Revenue Forecast and Analysis
- 6.2 Global Pharmacy Automation Equipment Market, By Geography - Forecast and Analysis
- 6.3 Market Positioning of Key Players
7. Pharmacy Automation Equipment Market Analysis - By Type
- 7.1 Overview
- 7.2 Pharmacy Automation Equipment Market Revenue Share, by Type (2020 and 2028)
- 7.3 Automated Medication Dispensing Systems
- 7.3.1 Overview
- 7.3.2 Automated Medication Dispensing Systems: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4 Automated Storage and Retrieval Systems
- 7.4.1 Overview
- 7.4.2 Automated Storage and Retrieval Systems: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 7.5 Automated Packaging and Labelling Systems
- 7.5.1 Overview
- 7.5.2 Automated Packaging and Labelling Systems: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 7.6 Tabletop Tablet Counters
- 7.6.1 Overview
- 7.6.2 Tabletop Tablet Counters: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 7.7 Automated Compounding Devices
- 7.7.1 Overview
- 7.7.2 Automated Compounding Devices: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8. Pharmacy Automation Equipment Market - By End-User
- 8.1 Overview
- 8.2 Pharmacy Automation Equipment Market, by End-User, 2020 and 2028 (%)
- 8.4 Hospital Pharmacy
- 8.4.1 Overview
- 8.4.2 Hospital Pharmacy: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 8.5 Retail Pharmacy
- 8.5.1 Overview
- 8.5.2 Retail Pharmacy: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9. Pharmacy Automation Equipment Market Analysis and Forecasts To 2028 - Geographical Analysis
- 9.1 North America: Pharmacy Automation Equipment Market
- 9.1.1 Overview
- 9.1.2 North America: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.1.3 North America: Pharmacy Automation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
- 9.1.4 North America: Pharmacy Automation Equipment Market, By End User - Revenue and Forecast to 2028 (USD Million)
- 9.1.5 North America: Pharmacy Automation Equipment Market, by Country, 2020 & 2028 (%)
- 9.1.6 US: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.1.6.1 US: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.1.6.2 US: Pharmacy Automation Equipment Market, by Type- Revenue and Forecast to 2028 (USD Million)
- 9.1.6.3 US: Pharmacy Automation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
- 9.1.7 Canada: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.1.7.1 Canada: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.1.7.2 Canada: Pharmacy Automation Equipment Market, by Type- Revenue and Forecast to 2028 (USD Million)
- 9.1.7.3 Canada: Pharmacy Automation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
- 9.1.8 Mexico: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.1.8.1 Mexico: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.1.8.2 Mexico: Pharmacy Automation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
- 9.1.8.3 Mexico: Pharmacy Automation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
- 9.2 Europe: Pharmacy Automation Equipment Market
- 9.2.1 Overview
- 9.2.2 Europe: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.3 Europe: Pharmacy Automation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
- 9.2.5 Europe: Pharmacy Automation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
- 9.2.6 Europe: Pharmacy Automation Equipment Market, by Country, 2020 & 2028(%)
- 9.2.7 Germany: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.7.1 Germany: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.7.2 Germany: Pharmacy Automation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
- 9.2.7.3 Germany: Pharmacy Automation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
- 9.2.8 France: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.8.1 France: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.8.2 France: Pharmacy Automation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
- 9.2.8.3 France: Pharmacy Automation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
- 9.2.9 UK: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.9.1 UK: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.9.2 UK: Pharmacy Automation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
- 9.2.9.3 UK: Pharmacy Automation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
- 9.2.10 Italy: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.10.1 Italy: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.10.2 Italy: Pharmacy Automation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
- 9.2.10.3 Italy: Pharmacy Automation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
- 9.2.11 Spain: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.11.1 Spain: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.11.2 Spain: Pharmacy Automation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
- 9.2.11.3 Spain: Pharmacy Automation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
- 9.2.12 Rest of Europe: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.12.1 Rest of Europe: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.2.12.2 Rest of Europe: Pharmacy Automation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
- 9.2.12.3 Rest of Europe: Pharmacy Automation Equipment Market, by End User - Revenue and Forecast to 2028 (USD Million)
- 9.3 Asia Pacific: Pharmacy Automation Equipment Market
- 9.3.1 Overview
- 9.3.2 Asia Pacific: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.3 Asia Pacific: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Million)
- 9.3.4 Asia Pacific: Pharmacy Automation Equipment Market, by End User- 2019-2028 (USD Million)
- 9.3.5 Asia Pacific: Pharmacy Automation Equipment Market, by Country, 2020 & 2028 (%)
- 9.3.6 China: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.6.1 China: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.6.2 China: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Million)
- 9.3.6.3 China: Pharmacy Automation Equipment Market, by End User, 2019-2028 (USD Million)
- 9.3.7 Japan: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.7.1 Japan: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.7.2 Japan: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Million)
- 9.3.7.3 Japan: Pharmacy Automation Equipment Market, by End User, 2019-2028 (USD Million)
- 9.3.8 India: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.8.1 India: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.8.2 India: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Million)
- 9.3.8.3 India: Pharmacy Automation Equipment Market, by End User, 2019-2028 (USD Million)
- 9.3.9 South Korea: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.9.1 South Korea: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.9.2 South Korea: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Million)
- 9.3.9.3 South Korea: Pharmacy Automation Equipment Market, by End User, 2019-2028 (USD Million)
- 9.3.10 Australia: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.10.1 Australia: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.10.2 Australia: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Million)
- 9.3.10.3 Australia: Pharmacy Automation Equipment Market, by End User, 2019-2028 (USD Million)
- 9.3.11 Rest of Asia-Pacific: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.11.1 Rest of Asia-Pacific: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.3.11.2 Rest of Asia-Pacific: Pharmacy Automation Equipment Market, by Application - Revenue and Forecast to 2028 (USD Million)
- 9.3.11.3 Rest of Asia-Pacific: Pharmacy Automation Equipment Market, by Industry - Revenue and Forecast to 2028 (USD Million)
- 9.4 Middle East & Africa: Pharmacy Automation Equipment Market
- 9.4.1 Overview
- 9.4.2 Middle East and Africa: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.4.3 Middle East and Africa: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Millions)
- 9.4.4 Middle East and Africa: Pharmacy Automation Equipment Market, by End-User, 2019-2028 (USD Million)
- 9.4.5 Middle East and Africa: Pharmacy Automation Equipment Market, by Country, 2020& 2028 (%)
- 9.4.6 UAE: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.4.6.1 UAE: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.4.6.2 UAE: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Millions)
- 9.4.6.3 UAE: Pharmacy Automation Equipment Market, by End User, 2019-2028 (USD Million)
- 9.4.7 Saudi Arabia: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.4.7.1 Saudi Arabia: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.4.7.2 Saudi Arabia: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Millions)
- 9.4.7.3 Saudi Arabia: Pharmacy Automation Equipment Market, by End User, 2019-2028 (USD Million)
- 9.4.8 South Africa: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.4.8.1 South Africa: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.4.8.2 South Africa: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Millions)
- 9.4.8.3 South Africa: Pharmacy Automation Equipment Market, by End User, 2019-2028 (USD Million)
- 9.4.9 Rest of Middle East and Africa: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
- 9.4.9.1 Rest of Middle East and Africa: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.4.9.2 Rest of Middle East and Africa Pharmacy Automation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
- 9.4.9.2.1 Rest of Middle East and Africa: Pharmacy Automation Equipment Market, by End-User, 2019-2028 (USD Million)
- 9.5 South and Central America: Pharmacy Automation Equipment Market
- 9.5.1 Overview
- 9.5.2 South and Central America: Pharmacy Automation Equipment Market, by Country, 2020 & 2028 (%)
- 9.5.3 South and Central America: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Million)
- 9.5.4 South and Central America: Pharmacy Automation Equipment Market, by End-User, 2019-2028 (USD Million)
- 9.5.5 South and Central America: Pharmacy Automation Equipment Market, by Country, 2020 & 2028 (%)
- 9.5.6 Brazil: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.5.6.1 Brazil: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.5.7 Brazil: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Million)
- 9.5.8 Brazil: Pharmacy Automation Equipment Market, by End-User, 2019-2028 (USD Million)
- 9.5.9 Argentina: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.5.9.1 Argentina: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.5.10 Argentina: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Million)
- 9.5.11 Argentina: Pharmacy Automation Equipment Market, by End-User, 2019-2028 (USD Million)
- 9.5.12 Rest of South and Central America: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.5.12.1 Rest of South and Central America: Pharmacy Automation Equipment Market - Revenue and Forecast to 2028 (USD Million)
- 9.5.13 Rest of South and Central America: Pharmacy Automation Equipment Market, by Type, 2019-2028 (USD Million)
- 9.5.14 Rest of South and Central America: Pharmacy Automation Equipment Market, by End-User, 2019-2028 (USD Million)
10. Impact Of COVID-19 Pandemic on Global Pharmacy Automation Equipment Market
- 10.1 North America: Impact Assessment of COVID-19 Pandemic
- 10.2 Europe: Impact Assessment of COVID-19 Pandemic
- 10.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
- 10.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
- 10.5 South and Central America: Impact Assessment of COVID-19 Pandemic
11. Pharmacy Automation Equipment Market- Industry Landscape
- 11.1 Overview
- 11.2 Growth Strategies Done by the Companies in the Market, (%)
- 11.3 Organic Developments
- 11.4 Inorganic Developments
12. Company Profiles
- 12.1 Talyst LLC (Swisslog Healthcare)
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 AmerisourceBergen
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Baxter International Inc.
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Capsa Healthcare
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 OMNICELL INC.
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Cerner Corporation
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 MCKESSON CORPORATION
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 ScriptPro LLC
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 BD
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 YUYAMA Co.,Ltd
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About the Insight Partners
- 13.2 Glossary of Terms
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