Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

What fueled the previous growth in the pharmacy automation devices market?

In recent times, the market size for pharmacy automation devices has seen a marked expansion. The growth forecast from $6.06 billion in 2024 to $6.73 billion in 2025, reflects a compound annual growth rate (CAGR) of 10.9%. The significant growth throughout the historical phase is due to factors such as rising prescription volumes, the need for error minimization, the urgency for enhanced operational efficiency, compliance with regulatory requirements, a lack of pharmacy personnel, patient expectation for fast service and challenges in managing inventory.

What will be the pharmacy automation devices market size in the future?

In the coming years, a significant growth is expected in the pharmacy automation devices market, with the projections foreseeing it reaching $10.1 billion by 2029, growing at a compound annual growth rate (CAGR) of 10.7%. Factors contributing to this growth during the forecast period include the globalization of pharmacy services, optimization of pharmacy workflow, increased focus on preventive care and patient-centric medication management, commitment to sustainable practices, and the rise of telemedicine services. Key trends in the forecast period encompass the use of robotics and automation, centralized automated dispensing systems (CADS), artificial intelligence integration, telepharmacy services, medication verification technologies, and automated prescription filling machines.

Get your pharmacy automation devices market report here!

https://www.thebusinessresearchcompany.com/report/pharmacy-automation-devices-global-market-report

What main drivers are fueling expansion in the pharmacy automation devices market?

The pharmacy automation devices market is predicted to be driven by increasing prescription volumes. This surge in prescription volumes is attributed to an aging demographic, rising cases of chronic illnesses, and better healthcare accessibility. Pharmacy automation devices nonetheless aid in streamlining prescription processing by minimizing errors and enhancing efficiency to manage these escalating prescription volumes. For instance, data from the Australian Institute of Health and Welfare, a government agency in Australia, highlighted in July 2024 that during 2022-23, PBS prescriptions were dispensed to 17.8 million Australians, making up 67% of the country’s population. Prescription dispensing rates were noted to increase with age, the lowest being among the 0-14 age group (184 prescriptions per 100 people), and the highest among those aged 85 and above (6,031 prescriptions per 100 people). Hence, this upsurge in prescription volume is propelling the growth of the pharmacy automation devices market.

What key areas define the segmentation of the global pharmacy automation devices market?

The pharmacy automation devices market covered in this report is segmented –

1) By Product: Medication Dispensing Systems, Packaging And Labeling Systems, Storage And Retrieval Systems, Automated Medication Compounding Systems, Tabletop Tablet Counters

2) By End-User: Retail Pharmacy, Inpatient Pharmacies, Outpatient Pharmacies, Pharmacy Benefit Management Organizations And Mail-Order Pharmacies

Subsegments:

1) By Medication Dispensing Systems: Automated Dispensing Machines, Robotic Dispensing Systems

2) By Packaging And Labeling Systems: Automated Packaging Machines, Labeling Systems For Prescription Medications

3) By Storage And Retrieval Systems: Automated Storage Systems, Carousel Storage Systems

4) By Automated Medication Compounding Systems: IV Compounding Systems, Oral Compounding Systems

5) By Tabletop Tablet Counters: Electronic Tablet Counters, Manual Tablet Counters

Get your free sample now – explore exclusive market insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=7894&type=smp

Who are the dominant players expanding their reach in the pharmacy automation devices market?

Major companies operating in the pharmacy automation devices market are Omnicell Inc., McKesson Corporation, Baxter International Inc., Becton Dickinson & Company, Cerner Corporation, ARxIUM Inc., Capsa Healthcare, ScriptPro LLC, Deenova SRL, Swisslog Healthcare, RxSafe LLC, Yuyama Co Ltd., Accu Chart Plus Healthcare Systems Inc., Amerisource Bergen Corp, Talyst LLC, Medacist Solutions Group LLC, Kirby Lester, TouchPoint Medical, Kuka AG, Danaher Corporation, Lonza Group., Parata Systems LLC, Aesynt Incorporated, Innovation PharmaAssist Robotics Pvt Ltd., ForHealth Technologies, Health Robotics Srl, Pearson Medical Technologies LLC, R/X Automation Solutions Inc., Talon Innovations Corporation, Tension Packaging & Automation

How are evolving market trends shaping pharmacy automation devices Strategies?

The primary trend emerging in the pharmacy automation devices market is product innovation. Major market participants are concentrating their efforts on the creation of novel, innovative solutions in order to fulfill consumer needs. Consider, for example, Deenova, a preeminent Italy-based supplier of combined robotic and automation solutions, which launched its groundbreaking product line, AIDE, in July 2023. This launch included the introduction of two cutting-edge automation systems, AIDE-CUT for repackaging medications into unit doses, and AIDE-PICK for automated dispensing of patient therapies. These advanced systems aim to improve operational effectiveness and guarantee comprehensive medication tracking within the hospital’s medication management protocols.

Unlock exclusive market insights – purchase your research report now for a swift delivery!

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7894

Which regions are emerging as leaders in the pharmacy automation devices market?

North America was the largest region in the pharmacy automation devices market in 2024. The regions covered in the pharmacy automation devices 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:

Network Automation Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/network-automation-global-market-report

Pharmacy Benefit Management Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/pharmacy-benefit-management-global-market-report

Pharmaceutical Excipients Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/pharmaceutical-excipient-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: