How is the Pharmacy Automation Market Poised for Growth: Trends and Opportunities Through 2034
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How has the pharmacy automation market grown in recent years?
The pharmacy automation market has experienced rapid growth, increasing from $7.32 billion in 2024 to $8.2 billion in 2025, with a CAGR of 12.0%. Growth in previous years was driven by a shortage of skilled pharmacy staff, strict regulations, the need to reduce medication errors, better data management, and patient expectations for faster service.
How is the pharmacy automation market size expected to evolve during the forecast period?
The pharmacy automation market is projected to expand significantly, reaching $12.71 billion in 2029 with a CAGR of 11.6%. Growth drivers include an aging population leading to more prescriptions, the expansion of retail pharmacy chains, rising labor costs, focus on patient experience, and integration with EHR systems. Key trends include AI-powered systems, telepharmacy adoption, increased robotics use, centralized prescription processing, and blockchain integration.
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Which key drivers are propelling the pharmacy automation market’s growth?
The rise in disease prevalence is expected to fuel the expansion of the pharmacy automation market in the future. The term disease rate reflects the frequency of a specific disease in a certain population over a defined time. Various factors cause an increase in disease rates, such as population growth, increased amounts of travel and commerce, changes in the climate, pollution, and the emergence of new infections or variations. Pharmacy automation is developed to reduce disease rates by simplifying drug dispensing procedures to improve precision and effectiveness in handling diseases. Pharmacy automation mechanisms can expedite the dispensing and monitoring of treatment, permitting healthcare practitioners to respond quickly if a patient’s state deteriorates. For example, the World Health Organization, an intergovernmental organization based in Switzerland, predicted, as of February 2024, that by 2050, more than 35 million new cancer cases would occur, marking a 77% rise compared to the approximately 20 million cases projected in 2022. Hence, the rise in the disease rate is propelling the expansion of the pharmacy automation market in the future.
What are the market segments in the pharmacy automation industry?
The pharmacy automation market covered in this report is segmented –
1) By Product: Dispensing Systems, Pill Sorting Machines, Labelling Machines, Packaging Machines, Inventory Management, Automated Storage and Retrieval Systems, Other Products
2) By Application: Drug Dispensing And Packaging, Drug Storage, Inventory Management
3) By End User: Inpatient Pharmacies, Outpatient Pharmacies, Retail Pharmacies, Pharmacy Benefit Management Organizations And Mail-Order Pharmacies
Subsegments:
1) By Dispensing Systems: Prescription Dispensing Systems, Automated Dispensing Cabinets, Robot-Assisted Dispensing
2) By Pill Sorting Machines: Manual Pill Sorting Machines, Automated Pill Sorting Machines
3) By Labelling Machines: Labeling For Bottles And Containers, Labeling For Blister Packs, Automated Label Application Machines
4) By Packaging Machines: Pill Packaging Machines, Blister Packaging Machines, Bottle Packaging Machines
5) By Inventory Management: Inventory Tracking Systems, Drug Replenishment Systems, Stock Auditing Systems
6) By Automated Storage And Retrieval Systems: Vertical Lift Modules (Vlms), Automated Shelving Systems, Carousel Storage Systems
7) By Other Products: Prescription Verification Systems, Pharmacy Workflow Automation Tools
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Which leading companies are shaping the growth of the pharmacy automation market?
Major companies operating in the pharmacy automation market report are Mckesson Corporation; AmerisourceBergen Corporation; Oracle Corporation; Baxter International Inc.; Cerner Corporation; Pearson Medical Technologies LLC; Omnicell Inc.; Swisslog Holding AG; Tension Corporation; Noritsu Koki Co. Ltd.; Scriptpro LLC; Capsa Healthcare LLC; Alixar Healthcare Private Limited; Deenova S.R.L; ARxIUM Inc.; Talyst Systems LLC; Touchpoint Medical Solutions Pvt. Ltd.; Kirby Lester LLC; Yuyama Co. Ltd.; Willach GmbH; RxSafe LLC; Meditech Pharmacy Management Solutions Inc.; Accu-Chart Plus Healthcare System Inc.; PDX Pharmaceuticals Inc.; Newicon Ltd.
What key trends are currently impacting the pharmacy automation market’s development?
Prominent businesses in the pharmacy automation market are striving to broaden their product collections by incorporating state-of-the-art pharmacy automation systems such as the latest generation of automated drug dispensing systems, in order to gain a superior position in the market. These cutting-edge automated drug dispensing systems incorporate advanced technologies to mechanize and simplify the procedure of dispensing medications in healthcare institutions. For instance, in October 2023, JVM Co. Ltd., a firm from South Korea specializing in pharmacy automation systems, introduced MENITH, an automated dispensing machine equipped with a robotic arm with complex movement. MENITH, a novel product from JVM, includes a multi-joint collaborative robot arm designed to fully automate the canister swap process. It boasts a dispensing speed more than double that of conventional pouch-type automated dispensing machines, along with the ability to dispense up to 120 pouches every minute. Additionally, it incorporates an automated inspection system that minimizes the time and resources needed for the pharmacy dispensing procedure.
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Which geographic areas are influencing the growth of the pharmacy automation market?
North America was the largest region in the pharmacy automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pharmacy automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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