Revolutionary Growth: Pharmacy Automation Market to Reach $7.87 Billion by 2030


Posted July 10, 2024 by roshanikale

Pharmacy Automation Market by Product (Automated Medication Dispensing, Packaging & Labeling, Storage & Retrieval, Medication Compounding Systems, Table-top Counters, and Pharmacy Robots), End User (Retail, Hospital Pharmacies)
 
Meticulous Research® has released its latest report titled "Pharmacy Automation Market by Product and End User - Global Forecast to 2030," highlighting the market's potential growth.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/pharmaceutical-automation-market-5280

The pharmacy automation market is forecasted to achieve a CAGR of 7.6% from 2023, reaching $7.87 billion by 2030. This growth is fueled by the increasing use of AI, the push towards automation to reduce labor costs, the adoption of robotics, and technological advances reducing medication errors. Additionally, the rise of compact automated systems and higher healthcare expenses in emerging economies offer significant opportunities.

Nevertheless, the market's expansion is challenged by strict regulations and high costs, which slow the adoption rate.

Key Companies
Leading players in this market include Omnicell, Inc. (U.S.), ARxIUM, Inc. (U.S.), MCKESSON CORPORATION (U.S.), Swisslog Healthcare (Switzerland), RxSafe, LLC. (U.S.), Becton, Dickinson and Company (U.S.), Capsa Healthcare (U.S.), TOSHO Inc. (Japan), Medical Packaging Inc., LLC (U.S.), TouchPoint, Inc. (U.S.), Noritsu Pharmacy Automation (U.S.), Körber AG (Germany), and ScriptPro LLC (U.S.).

Market Insights
The report divides the market into components, end users, and geographical regions. Automated medication dispensing systems are anticipated to hold the largest share in 2023, due to their role in decreasing medication errors and improving patient safety. Retail pharmacies are expected to lead among end users, benefiting from automation for personalized medication packaging and enhanced patient satisfaction.

Regional Breakdown
This analysis covers North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to lead the market in 2023, driven by the increasing adoption of automation technologies and strong governmental support.

Download Free Sample Report Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5280

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Issued By roshani
Country United States
Categories Health
Tags pharmacy automation market
Last Updated July 10, 2024