Market Overview:
The global pharmacy automation market is expected to grow at a CAGR of around 5% during 2020-2025. Pharmacy automation refers to the use of mechanized systems for digitalizing medical and healthcare workflow processes. These systems aid in performing multiple functions to systematize routine tasks and reduce human intervention. Some of these tasks include mixing liquids and powders for compounding, medicine counting, updating customer database and inventory management. They also aid in eliminating errors during packaging and dispensing pharmaceutical products. Pharmacy automation further keeps track of narcotics and other controlled drugs and monitors usage patterns and ensures maximum efficiency in operations.
The increasing need to reduce errors in medical processes, along with the decentralization of pharmacies, represent as the key factors driving the growth of the market. Pharmacy automation is becoming a crucial component of the modern healthcare industry, as they are highly flexible and self-adaptive. For instance, automation machines prevent cross-contamination of medicines through separate storage cells and chutes facility, which facilitates the tracking of lot numbers and expiration dates with bar codes for convenient scanning and stock management. Furthermore, various technological advancements are resulting in higher success rates post-treatment and surgeries, along with the delivery of efficient patient care, which is significantly contributing to the market growth. Also, increasing prevalence of chronic diseases and rising geriatric population across the globe have amplified the need for automated drug dispensing systems in hospitals and pharmacies. Other factors, including the implementation of various government policies to make quality healthcare facilities accessible to all and the utilization of robots for maximizing medical storage and dispensing prescriptions, are projected to drive the market in the coming years.
IMARC Group’s latest report provides a deep insight into the global pharmacy automation market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the pharmacy automation industry in any manner.
Breakup by Product Type:
- Automated Medication Dispensing Systems
- Automated Storage & Retrieval Systems
- Automated Packaging & Labeling Systems
- Tabletop Tablet Counters
- Others
Breakup by Application:
- Drug Dispensing and Packaging
- Drug Storage
- Inventory Management
Breakup by End-User:
- Hospital Pharmacies
- Retail Pharmacies
- Others
Breakup by Region:
- North America
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Argentina
- Columbia
- Chile
- Peru
- Others
- Middle East and Africa
- Turkey
- Saudi Arabia
- Iran
- United Arab Emirates
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Baxter International Inc., Becton Dickinson and Company, Capsa Healthcare, Cerner Corp., Kirby Lester LLC, KUKA AG, McKesson Corporation, Omnicell Technologies, RxSafe LLC, Scriptpro LLC, Swisslog Holding AG, Takazono Corp., TCGRx Pharmacy Workflow Solutions, Yuyama Co. Ltd., etc.
Key Questions Answered in This Report:
- How has the global pharmacy automation market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the market?
- What is the structure of the global pharmacy automation market and who are the key players?
- What is the degree of competition in the market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Pharmacy Automation Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Product Type
6.1 Automated Medication Dispensing Systems
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Automated Storage & Retrieval Systems
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Automated Packaging & Labeling Systems
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Tabletop Tablet Counters
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1 Drug Dispensing and Packaging
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Drug Storage
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Inventory Management
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End-User
8.1 Hospital Pharmacies
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Retail Pharmacies
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Europe
9.2.1 Germany
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 France
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 United Kingdom
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 Italy
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Spain
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Russia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Asia Pacific
9.3.1 China
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 Japan
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 India
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 South Korea
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Australia
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Indonesia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Argentina
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.4.4 Columbia
9.4.4.1 Market Trends
9.4.4.2 Market Forecast
9.4.5 Chile
9.4.5.1 Market Trends
9.4.5.2 Market Forecast
9.4.6 Peru
9.4.6.1 Market Trends
9.4.6.2 Market Forecast
9.4.7 Others
9.4.7.1 Market Trends
9.4.7.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Turkey
9.5.1.1 Market Trends
9.5.1.2 Market Forecast
9.5.2 Saudi Arabia
9.5.2.1 Market Trends
9.5.2.2 Market Forecast
9.5.3 Iran
9.5.3.1 Market Trends
9.5.3.2 Market Forecast
9.5.4 United Arab Emirates
9.5.4.1 Market Trends
9.5.4.2 Market Forecast
9.5.5 Others
9.5.5.1 Market Trends
9.5.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Baxter International Inc.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2 Becton Dickinson and Company
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 Capsa Healthcare
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Cerner Corp.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 Kirby Lester LLC
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 KUKA AG
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7 McKesson Corporation
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Omnicell Technologies
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 RxSafe LLC
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Scriptpro LLC
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Swisslog Holding AG
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12 Takazono Corp.
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.13 Talyst LLC
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.14 TCGRx Pharmacy Workflow Solutions
13.3.14.1 Company Overview
13.3.14.2 Product Portfolio
13.3.15 Yuyama Co. Ltd.
13.3.15.1 Company Overview
13.3.15.2 Product Portfolio
List of Figures
Figure 1: Global: Pharmacy Automation Market: Major Drivers and Challenges
Figure 2: Global: Pharmacy Automation Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Pharmacy Automation Market: Breakup by Product Type (in %), 2019
Figure 4: Global: Pharmacy Automation Market: Breakup by Application (in %), 2019
Figure 5: Global: Pharmacy Automation Market: Breakup by End-User (in %), 2019
Figure 6: Global: Pharmacy Automation Market: Breakup by Region (in %), 2019
Figure 7: Global: Pharmacy Automation Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 8: Global: Pharmacy Automation (Automated Medication Dispensing Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Global: Pharmacy Automation (Automated Medication Dispensing Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Pharmacy Automation (Automated Storage & Retrieval Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Pharmacy Automation (Automated Storage & Retrieval Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Pharmacy Automation (Automated Packaging & Labeling Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Pharmacy Automation (Automated Packaging & Labeling Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Pharmacy Automation (Tabletop Tablet Counters) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Pharmacy Automation (Tabletop Tablet Counters) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Pharmacy Automation (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Pharmacy Automation (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Pharmacy Automation (Drug Dispensing and Packaging) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Pharmacy Automation (Drug Dispensing and Packaging) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Pharmacy Automation (Drug Storage) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Pharmacy Automation (Drug Storage) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Pharmacy Automation (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Pharmacy Automation (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Pharmacy Automation (Hospital Pharmacies) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Pharmacy Automation (Hospital Pharmacies) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Pharmacy Automation (Retail Pharmacies) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Pharmacy Automation (Retail Pharmacies) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Pharmacy Automation (Other End-Users) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Pharmacy Automation (Other End-Users) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: North America: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: North America: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: United States: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: United States: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Canada: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Canada: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Europe: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Europe: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Germany: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Germany: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: France: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: France: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: United Kingdom: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: United Kingdom: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Italy: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Italy: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Spain: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: Spain: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Russia: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Russia: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Others: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Others: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Asia Pacific: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Asia Pacific: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: China: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: China: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: Japan: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: Japan: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: India: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: India: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: South Korea: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: South Korea: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Australia: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: Australia: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: Indonesia: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: Indonesia: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Others: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Others: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Latin America: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: Latin America: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Brazil: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Brazil: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Mexico: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Mexico: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: Argentina: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: Argentina: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Columbia: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 77: Columbia: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 78: Chile: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 79: Chile: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 80: Peru: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 81: Peru: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 82: Others: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 83: Others: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 84: Middle East and Africa: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 85: Middle East and Africa: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 86: Turkey: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 87: Turkey: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 88: Saudi Arabia: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 89: Saudi Arabia: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 90: Iran: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 91: Iran: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 92: United Arab Emirates: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 93: United Arab Emirates: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 94: Others: Pharmacy Automation Market: Sales Value (in Million US$), 2014 & 2019
Figure 95: Others: Pharmacy Automation Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 96: Global: Pharmacy Automation Industry: SWOT Analysis
Figure 97: Global: Pharmacy Automation Industry: Value Chain Analysis
Figure 98: Global: Pharmacy Automation Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Pharmacy Automation Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Pharmacy Automation Market Forecast: Breakup by Product Type (in Million US$), 2020-2025
Table 3: Global: Pharmacy Automation Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 4: Global: Pharmacy Automation Market Forecast: Breakup by End-User (in Million US$), 2020-2025
Table 5: Global: Pharmacy Automation Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Global: Pharmacy Automation Market: Competitive Structure
Table 7: Global: Pharmacy Automation Market: Key Players