Global Pharmacy Automation Market Size is valued at USD 6.7 Bn in 2024 and is predicted to reach USD 15.86 Bn by the year 2034 at an 9.1% CAGR during the forecast period for 2025-2034.
Key Industry Insights & Findings from the report:
The advantages of pharmacy automation technology include increased patient safety, decreased reliance on pharmaceutical shortages, reduced medicine waste and decreased cost per dosage. The market is anticipated that total efficiency will increase due to pharmacies utilizing RFID, barcode scanning, smart dashboards, and data security for a more fluid workflow. Businesses are under increased external pressure to increase transparency and use cutting-edge technology as a result of the challenging and unprecedented problem of managing corporate compliance in a digital environment.
Recent technology developments in pharmacy automation have made various automated solutions possible. The benefits over the forecast period include quicker prescription processing, fewer pharmaceutical errors and inventory issues, and lower pharmacy costs. Additionally, enhancements to the most significant rising healthcare infrastructure will probably create new opportunities for market growth. On the other hand, significant capital costs and rigid informal standards are substantial roadblocks to market expansion in the coming years.
Additionally, in quest of new prospects over the future years, pharmacy automation companies are expanding their footprint throughout emerging regions. The pharmacy automation market will also be driven by the rising need for specialized drug prescription filling solutions, the aim to lower medication errors, and the decentralization of pharmacies. However, constraints such as a reluctance to accept pharmacy automation systems due to the high cost of the pharmacy automation system are expected to hinder pharmacy automation system adoption, limiting the market's growth during the forecast period.
The requirement to reduce medication errors, manual drug dispensing, and the advancement of advanced parts innovation is driving the pharmacy automation system market. In addition, the rise in work costs and an increase in the geriatric population have fueled the expansion of the pharmacy automation market over the upcoming years.
The pharmacy automation market is segmented on product and end users. Based on product type, the market is segmented as automated medication dispensing and storage systems, automated packaging and labeling systems, automated tabletop counters, automated medication compounding systems and other pharmacy automation systems. Based on application, the market is divided into automated packaging and labeling systems, tabletop counters, medication compounding systems, and other pharmacy automation systems. Based on end users, the market is divided into inpatient pharmacies, outpatient pharmacies, retail pharmacies, hospital settings, pharmacy benefit management organizations, and mail-order pharmacies.
The automated medication dispensing and storage systems segment is anticipated to grow at the most significant rate during the forecast period. The recycled content packaging provides better use of eco-friendly resources and techniques, driving the segment's growth during the forecast period. Recycled content packaging uses plastic, metal, paper, and glass, which manufacturers reuse as raw materials to make new packaging products.
Retail pharmacies hold the largest share of the market during the forecast period. Retail pharmacies include supermarkets, chains, mass merchandisers, and independent pharmacies. The expanding need to prevent dispensing errors, the expansion in retail pharmacies and the increased pressure on pharmacists contribute to the segment's growth. Furthermore, key technological companies like Microsoft, IBM, and Google are working on automation and cloud solutions for the pharmaceutical and healthcare industries to overcome security gaps and secure healthcare and pharmaceutical manufacturing networks from outside threats.
North America region is growing at the highest CAGR during the forecast period. The increased number of drug prescriptions at pharmacies because of the aging population is related to the rise of North America's pharmacy automation system market. Additionally, the markets for pharmacy automation equipment in North America are expected to rise because of technological advances in drug administration in hospitals and pharmacies. Increased concerns about insufficient inventory management may encourage the development of high-volume dispensing cabinets in the region, as this will increase the cost of maintaining items, putting merchants under financial hardship.
The market for pharmacy automation equipment in North America is projected to be driven by technological developments in drug administration in hospitals and pharmacies. In addition, during the forecast period, Asia Pacific is expected to grow the fastest. The increased need to reduce pharmaceutical errors, pharmacy decentralization, player technical improvements, and the rapidly growing geriatric population are expected to drive market expansion.
| Report Attribute | Specifications |
| Market Size Value In 2024 | USD 6.7 Bn |
| Revenue Forecast In 2034 | USD 15.86 Bn |
| Growth Rate CAGR | CAGR of 9.1% from 2025 to 2034 |
| Quantitative Units | Representation of revenue in US$ Billion and CAGR from 2025 to 2034 |
| Historic Year | 2021 to 2024 |
| Forecast Year | 2025-2034 |
| Report Coverage | The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
| Segments Covered | Product, End User, Component, Application / Function and Pharmacy Size / Scale |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; Japan; South Korea; South East Asia |
| Competitive Landscape | Omnicell, Inc., Becton, Dickinson and Company (BD), Capsa Healthcare, Parata Systems LLC – operating under BD, ScriptPro LLC, RxSafe, LLC, ARxIUM, Inc., McKesson Corporation, Swisslog Healthcare, Yuyama Co., Ltd., Willach Pharmacy Solutions, Rowa Automatisierungssysteme GmbH, ICU Medical, Inc., TouchPoint Medical, Inc., Deenova S.R.L., Innovation Associates / iA, NewIcon Oy, Noritsu-RX Corporation, MedAvail Technologies, Inc., Asteres, Inc., JVM Co., Ltd., Tension Packaging & Automation, Inc., Meditech Pharmacy Management / Meditech Pharma Robotics, Cencora, Inc. (formerly AmerisourceBergen) and Others |
| Customization Scope | Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
| Pricing And Available Payment Methods | Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Pharmacy Automation Market Snapshot
Chapter 4. Global Pharmacy Automation Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Product Type:
5.2.1. Automated Medication Dispensing and Storage Systems
5.2.1.1. Automated Medication Dispensing and Storage Systems By Type:
5.2.1.1.1. Robots / Robotic Automated Dispensing Systems
5.2.1.1.2. Carousels (Automated Storage & Retrieval Systems)
5.2.1.1.3. Automated Dispensing Cabinets (ADCs)
5.2.2. Automated Medication Dispensing and Storage Systems By Application / Operation:
5.2.2.1. Centralized Pharmacies
5.2.2.2. Decentralized Pharmacies
5.2.3. Automated Packaging and Labelling Systems
5.2.4. Automated Tabletop Counters
5.2.5. Automated Medication Compounding Systems
5.2.6. Other Pharmacy Automation Systems
Chapter 6. Market Segmentation 2: by End-users Estimates & Trend Analysis
6.1. by End-users & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following by End-users:
6.2.1. Hospital Pharmacies
6.2.1.1. Inpatient
6.2.1.1.1. Acute Care Systems
6.2.1.1.2. Long Term Care Facilities
6.2.1.2. Outpatient
6.2.1.2.1. Outpatient/Fast-Track Clinics
6.2.1.2.2. Hospital Retail Settings
6.2.2. Retail / Chain Pharmacies
6.2.3. Mail-Order & Centralized Pharmacies
6.2.4. Others
6.2.5. Order Pharmacies
Chapter 7. Market Segmentation 3: by Application / Function Estimates & Trend Analysis
7.1. by Application / Function & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Application / Function:
7.2.1. Dispensing
7.2.2. Packaging & Labeling
7.2.3. Compounding
7.2.4. Storage & Retrieval
7.2.5. Inventory Management
7.2.6. Medication Tracking / Verification
Chapter 8. Market Segmentation 4: by Pharmacy Size / Scale Estimates & Trend Analysis
8.1. by Pharmacy Size / Scale & Market Share, 2024 & 2034
8.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Pharmacy Size / Scale:
8.2.1. Large-Scale / Centralized Pharmacies
8.2.2. Medium Pharmacies
8.2.3. Small Pharmacies
Chapter 9. Market Segmentation 5: by Component Estimates & Trend Analysis
9.1. by Component & Market Share, 2024 & 2034
9.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Component:
9.2.1. Hardware
9.2.2. Software
9.2.3. Services
Chapter 10. Pharmacy Automation Market Segmentation 6: Regional Estimates & Trend Analysis
10.1. North America
10.1.1. North America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
10.1.2. North America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2021-2034
10.1.3. North America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Component, 2021-2034
10.1.4. North America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
10.1.5. North America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Pharmacy Size, 2021-2034
10.1.6. North America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
10.2. Europe
10.2.1. Europe Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
10.2.2. Europe Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2021-2034
10.2.3. Europe Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Component, 2021-2034
10.2.4. Europe Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
10.2.5. Europe Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Pharmacy Size, 2021-2034
10.2.6. Europe Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
10.3. Asia Pacific
10.3.1. Asia Pacific Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
10.3.2. Asia Pacific Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2021-2034
10.3.3. Asia Pacific Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Component, 2021-2034
10.3.4. Asia Pacific Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
10.3.5. Asia Pacific Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Pharmacy Size, 2021-2034
10.3.6. Asia Pacific Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
10.4. Latin America
10.4.1. Latin America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
10.4.2. Latin America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2021-2034
10.4.3. Latin America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Component, 2021-2034
10.4.4. Latin America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
10.4.5. Latin America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Pharmacy Size, 2021-2034
10.4.6. Latin America Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
10.5. Middle East & Africa
10.5.1. Middle East & Africa Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
10.5.2. Middle East & Africa Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by End-users, 2021-2034
10.5.3. Middle East & Africa Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Component, 2021-2034
10.5.4. Middle East & Africa Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
10.5.5. Middle East & Africa Automation Market Revenue (US$ Million) Estimates and Forecasts by Pharmacy Size, 2021-2034
10.5.6. Middle East & Africa Pharmacy Automation Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
Chapter 11. Competitive Landscape
11.1. Major Mergers and Acquisitions/Strategic Alliances
11.2. Company Profiles
11.2.1. Omnicell, Inc.
11.2.2. Becton, Dickinson and Company (BD)
11.2.3. Capsa Healthcare
11.2.4. Parata Systems LLC– operating under BD
11.2.5. ScriptPro LLC
11.2.6. RxSafe, LLC
11.2.7. ARxIUM, Inc.
11.2.8. McKesson Corporation
11.2.9. Swisslog Healthcare
11.2.10. Yuyama Co., Ltd.
11.2.11. Willach Pharmacy Solutions
11.2.12. Rowa Automatisierungssysteme GmbH
11.2.13. ICU Medical, Inc.
11.2.14. TouchPoint Medical, Inc.
11.2.15. Deenova S.R.L.
11.2.16. Innovation Associates / iA
11.2.17. NewIcon Oy
11.2.18. Noritsu-RX Corporation
11.2.19. MedAvail Technologies, Inc.
11.2.20. Asteres, Inc.
11.2.21. JVM Co., Ltd.
11.2.22. Tension Packaging & Automation, Inc.
11.2.23. Meditech Pharmacy Management / Meditech Pharma Robotics
11.2.24. Cencora, Inc. (formerly AmerisourceBergen)
11.2.25. Other Prominent Players
Pharmacy Automation Market By Product-
Pharmacy Automation Market By End User
Pharmacy Automation Market By Component-
Pharmacy Automation Market By Application / Function-
Pharmacy Automation Market By Pharmacy Size / Scale-
Pharmacy Automation Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-