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Pharmacy-Automation-Systems-Market

The pharmacy automation systems market size is projected to reach US$ 24.79 billion by 2031 from US$ 12.12 billion in 2023. The market is expected to register a CAGR of 9.4% during 2023u20132031. Pharmacy automation for telepharmacy is likely to remain a key trend in the market.<br>

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Pharmacy-Automation-Systems-Market

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  1. Pharmacy Automation Systems Market The pharmacy automation systems market size is projected to reach US$ 24.79 billion by 2031 from US$ 12.12 billion in 2023. The market is expected to register a CAGR of 9.4% during 2023–2031. Pharmacy automation for telepharmacy is likely to remain a key trend in the market examining automation technologies transforming pharmaceutical operations worldwide. Download Sample PDF: - https://www.theinsightpartners.com/sample/TIPRE00030072

  2. MARKET OVERVIEW Explosive Growth Trajectory $12.12B $24.7… 9.4% 2023 Market Size 2031 Projection CAGR Expected market value by forecast end Compound annual growth rate 2023- 2031 Current global market valuation

  3. Market Segmentation By Type By End User Automated Medication Dispensing Systems Automated Packaging & Labeling Systems Automated Storage & Retrieval Systems Automated Table-Top Counters Hospital Pharmacy (largest segment) Retail Pharmacy Others

  4. REGIONAL ANALYSIS Geographic Market Dynamics North America Asia Pacific Market leader with established automation infrastructure and high adoption rates across hospital and retail pharmacies. Fastest growing region driven by AI integration, expanding healthcare markets, and aging populations in China and India. Europe Strong growth supported by government initiatives to reduce medication errors and improve patient safety.

  5. Key Market Drivers 01 02 Error Reduction Robotic Pharmacy Growth In the UK alone, 273 medication errors annually cost healthcare systems $79.4 million, driving automation adoption. Automation eliminates labor-intensive tasks, improves workflow efficiency, and enhances patient safety across pharmacy networks. 03 04 Aging Population Cost Efficiency Growing elderly population with chronic conditions requires regular prescription refills, increasing demand for automated systems. Lower operational costs and improved productivity make automation financially attractive for healthcare facilities.

  6. INNOVATION AI Revolution in Pharmacy Drug Discovery Inventory Management AI accelerates pharmaceutical research and development processes Smart tracking and automated restocking systems Patient Interaction Safety Verification Chatbots simulate pharmacist-patient conversations Barcode scanning and injectable medication tracking

  7. Recent Market Developments 1 June 2023 Omnicell UK & Ireland partnered with Alphatron Medical to launch AMiS-PRO Smart Cart, transforming nurse medication workflows. 2 May 2023 ScriptPro received Retail Excellence Award for Technology and Automation from Drug Store News. 3 October 2022 McKesson opened state-of-the-art pharmaceutical distribution center in Jeffersonville, Ohio, serving six states. 4 March 2022 Deenova unveiled three innovative D3 product line additions at European Association of Hospital Pharmacists Congress.

  8. MARKET LEADERS Key Industry Players Technology Leaders Distribution Giants Innovation Specialists Omnicell Inc Becton Dickinson ScriptPro LLC McKesson Corp Oracle Corp Capsa Solutions Deenova Srl YUYAMA Manufacturing Veradigm LLC

  9. Future Market Trends Telepharmacy Remote pharmacy services enabled by automation systems expanding access to pharmaceutical care. Global Expansion Developing markets adopting automation as healthcare infrastructure modernizes. System Integration Seamless connection between dispensing, packaging, storage, and labeling systems.

  10. Report Deliverables 1 2 Historical Analysis Strategic Frameworks 2021-2022 data with base year 2023 and forecasts through 2031 with detailed CAGR calculations. PEST and SWOT analysis, Porter's Five Forces evaluation, and competitive landscape assessment. 3 4 Market Intelligence Company Profiles Global, regional, and country-level market size analysis with industry trends and growth opportunities. Detailed profiles of major players, recent developments, and competitive positioning strategies. Contact: Research Manager Mrinal Kerhalkar | sales@theinsightpartners.com

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