How is the Central Fill Pharmacy Automation Market Poised for Growth: Trends and Opportunities Through 2034
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What fueled the previous growth in the central fill pharmacy automation market?
The central fill pharmacy automation market has grown quickly in recent years. It is expected to rise from $0.64 billion in 2024 to $0.71 billion in 2025, with a compound annual growth rate (CAGR) of 11.9%. Growth in this sector is driven by a higher volume of prescriptions, labor shortages, the need for medication safety and accuracy, increasing healthcare costs, and the expansion of pharmacy services.
What will be the central fill pharmacy automation market size in the future?
The central fill pharmacy automation market is anticipated to grow rapidly, reaching $1.1 billion by 2029 with a CAGR of 11.5%. This growth is fueled by rising prescription demand, increased focus on patient safety, and the growing role of telemedicine. Trends in the forecast period include integration with telehealth, regulatory compliance, and sustainability initiatives.
Get your central fill pharmacy automation market report here!
What main drivers are fueling expansion in the central fill pharmacy automation market?
The increasing need to reduce medication errors is expected to drive the growth of the central fill pharmacy automation market. Rising medication errors, often caused by healthcare system complexities and increased patient volumes, are leading to a demand for automation. Central fill pharmacy automation reduces errors by streamlining the dispensing process, ensuring accuracy and efficiency. The World Health Organization reported that medication errors cost $2.16 billion annually, highlighting the need for this technology. This growing demand is driving the market for central fill pharmacy automation.
What key areas define the segmentation of the global central fill pharmacy automation market?
The central fill pharmacy automation market covered in this report is segmented –
1) By Product: Equipment, Software, Services
2) By Vendor: Equipment Vendor, Consulting Vendor
3) By Application: Inpatient Pharmacy, Outpatient Pharmacy, Retail Pharmacy, Other Applications
Subsegments:
1) By Equipment: Robotic Dispensing Systems, Automated Medication Storage Systems, Barcode Scanning Systems, Medication Counting Machines, Automated Labeling Systems, Packaging Systems, Other Pharmacy Automation Equipment
2) By Software: Prescription Management Software, Inventory Management Software, Workflow Management Software, Data Analytics And Reporting Software, Medication Verification Software, Integration And Interoperability Software, Cloud-Based Software Solutions
3) By Services: Installation And Configuration Services, Maintenance And Support Services, Consulting Services, Training Services, Managed Services, System Upgrades And Customization Services
Get your free sample now – explore exclusive market insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15538&type=smp
Who are the dominant players expanding their reach in the central fill pharmacy automation market?
Major companies operating in the central fill pharmacy automation market are McKesson Corporation, Cencora Inc., Cardinal Health Inc., Becton Dickinson and Company, Grifols SA, Kuka AG, J M Smith Corporation, Omnicell Inc., Swisslog Healthcare, Parata Systems LLC, ScriptPro LLC, PBA Health, Capsa Healthcare, Cornerstone Automation Systems LLC, ARxIUM Inc., Talyst LLC, Kirby Lester, Quality Manufacturing Systems Inc., R/X Automation Solutions, RxSafe LLC, Innovation Associates Inc.
How are evolving market trends shaping central fill pharmacy automation Strategies?
Companies in the central fill pharmacy automation market are focusing on advanced solutions such as cloud-based pharmacy automation to improve operations and gain a competitive edge. Cloud-based pharmacy automation enables pharmacies to manage operations efficiently using cloud computing technology. For example, in February 2024, US-based Innovation Associates Inc. launched Shared Central Fulfillment, a cloud-based solution that allows pharmacies to offer centralized fulfillment services across multiple partners from a single location, improving sustainability and expanding prescription fulfillment capabilities.
Unlock exclusive market insights – purchase your research report now for a swift delivery!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15538
Which regions are emerging as leaders in the central fill pharmacy automation market?
North America was the largest region in the central fill pharmacy automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the central fill pharmacy automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Browse Through More Similar Reports By The Business Research Company:
Laboratory Automation Systems Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/laboratory-automation-systems-global-market-report
Pharmaceutical Excipients Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/pharmaceutical-excipient-global-market-report
Pharmacy Automation Devices Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/pharmacy-automation-devices-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
