GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028

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CRI’s report infers the global market for pharmacy automation equipment market to witness a high growth rate at 7.83% over the forecasted period from 2022 to 2028.

SKU: TR-492-2021 Category: Tag:

Description

MARKET OUTLOOK

CRI’s report infers the global market for pharmacy automation equipment market to witness a high growth rate at 7.83% over the forecasted period from 2022 to 2028.
Considering major factors, the role of pharmacy automation in rationalizing operations and rising preference for decentralized pharmacy services are influencing the adoption of pharmacy automation systems. Medication errors create multiple issues in pharmacies and hospitals. In this regard, automated medication dispensing systems help minimize these errors, ensuring the patient’s safety.
However, the lack of financial support, averseness in adopting pharmacy automation systems, and complexities in operations these systems impede the market’s growth.

REGIONAL OUTLOOK

The global pharmacy automation equipment market covers North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa regions.
The Asia-Pacific is expected to observe the fastest growth rate over the considered phase. This growth can be on account of rising product development activities undertaken by prominent players. Other than this, the rising prevalence of chronic conditions, in addition to the surging geriatric population, supports the demand for automation systems. Furthermore, artificial intelligence and machine learning support the adoption of automated systems across hospitals and pharmacies, thereby supplementing the growth of the pharmacy automation equipment market.

COMPETITIVE OUTLOOK

Leading firms in the pharmacy automation equipment market include Pearson Medical Technologies, Capsa Healthcare LLC, Becton Dickinson and Company, Swisslog Holdings AG, Amerisourcebergen, Avery Weigh Tronix, Omnicell Inc, Arxium Inc, Newicon Oy, Parata Systems LLC, McKesson Corporation, Accu Chart Plus Healthcare System Inc, Alixarx, Perceptimed Inc, Cerner Corporation, Baxter International Inc, and Scriptpro LLC.
Becton Dickinson and Company is a global medical technology company that develops, manufactures, and sells medical devices, laboratory equipment, and diagnostic products. The company’s product line includes syringes and pen needles, catheters, infusion pumps, disposables, automated medication dispensing systems, and instruments to detect various infectious diseases. It provides its products to life sciences researchers, healthcare institutions, and clinical laboratories. Becton Dickinson has operations across the globe, with headquarters located in the United States.

TABLE OF CONTENTS

1. GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON PHARMACY AUTOMATION EQUIPMENT MARKET
2.2. KEY INSIGHTS
2.3. PORTER’S FIVE FORCES MODEL
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTE PRODUCTS
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. KEY STRATEGIC DEVELOPMENTS
2.6.1. CONTRACTS AND PARTNERSHIPS
2.6.2. BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
2.6.3. ACQUISITIONS & MERGERS
2.6.4. NEW PRODUCT LAUNCHES & DEVELOPMENTS
2.7. MARKET DRIVERS
2.7.1. GROWING PREFERENCE FOR DECENTRALIZED PHARMACY SERVICES
2.7.2. PHARMACY AUTOMATION RATIONALIZING OPERATIONS
2.8. MARKET CHALLENGES
2.8.1. LACK OF FINANCIAL SUPPORT AND RELUCTANCE IN ADOPTING PHARMACY AUTOMATION SYSTEMS
2.8.2. COMPLEXITY IN OPERATING AUTOMATED DISPENSING SYSTEMS
2.9. MARKET OPPORTUNITIES
2.9.1. SURGING DEMAND FOR SPECIALTY DRUGS
2.9.2. TECHNOLOGICAL ADVANCEMENTS
3. GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET – BY TECHNOLOGY
3.1. AUTOMATED MEDICATION DISPENSING SYSTEM
3.2. AUTOMATED PACKAGING AND LABELING SYSTEM
3.3. AUTOMATED TABLE-TOP COUNTER
3.4. AUTOMATED STORAGE AND RETRIEVAL SYSTEM
3.5. OTHER TECHNOLOGIES
4. GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET – BY INDUSTRY VERTICALS
4.1. RETAIL PHARMACY
4.2. HOSPITAL PHARMACY
4.3. OTHER INDUSTRY VERTICALS
5. GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET – REGIONAL OUTLOOK
5.1. NORTH AMERICA
5.1.1. MARKET BY TECHNOLOGY
5.1.2. MARKET BY INDUSTRY VERTICALS
5.1.3. COUNTRY ANALYSIS
5.1.3.1. UNITED STATES
5.1.3.2. CANADA
5.2. EUROPE
5.2.1. MARKET BY TECHNOLOGY
5.2.2. MARKET BY INDUSTRY VERTICALS
5.2.3. COUNTRY ANALYSIS
5.2.3.1. GERMANY
5.2.3.2. FRANCE
5.2.3.3. UNITED KINGDOM
5.2.3.4. ITALY
5.2.3.5. RUSSIA
5.2.3.6. SPAIN
5.2.3.7. REST OF EUROPE
5.3. ASIA-PACIFIC
5.3.1. MARKET BY TECHNOLOGY
5.3.2. MARKET BY INDUSTRY VERTICALS
5.3.3. COUNTRY ANALYSIS
5.3.3.1. CHINA
5.3.3.2. JAPAN
5.3.3.3. INDIA
5.3.3.4. AUSTRALIA & NEW ZEALAND
5.3.3.5. SOUTH KOREA
5.3.3.6. ASEAN COUNTRIES
5.3.3.7. REST OF ASIA-PACIFIC
5.4. LATIN AMERICA
5.4.1. MARKET BY TECHNOLOGY
5.4.2. MARKET BY INDUSTRY VERTICALS
5.4.3. COUNTRY ANALYSIS
5.4.3.1. BRAZIL
5.4.3.2. MEXICO
5.4.3.3. REST OF LATIN AMERICA
5.5. MIDDLE EAST AND AFRICA
5.5.1. MARKET BY TECHNOLOGY
5.5.2. MARKET BY INDUSTRY VERTICALS
5.5.3. COUNTRY ANALYSIS
5.5.3.1. SAUDI ARABIA
5.5.3.2. UNITED ARAB EMIRATES
5.5.3.3. TURKEY
5.5.3.4. SOUTH AFRICA
5.5.3.5. REST OF MIDDLE EAST & AFRICA
6. COMPANY PROFILE
6.1. AMERISOURCEBERGEN
6.2. ACCU CHART PLUS HEALTHCARE SYSTEM INC
6.3. ARXIUM INC
6.4. ALIXARX
6.5. AVERY WEIGH TRONIX
6.6. BAXTER INTERNATIONAL INC
6.7. BECTON DICKINSON AND COMPANY
6.8. CAPSA HEALTHCARE LLC
6.9. CERNER CORPORATION
6.10. MCKESSON CORPORATION
6.11. NEWICON OY
6.12. OMNICELL INC
6.13. PEARSON MEDICAL TECHNOLOGIES
6.14. PERCEPTIMED INC
6.15. PARATA SYSTEMS LLC
6.16. SCRIPTPRO LLC
6.17. SWISSLOG HOLDINGS AG
7. RESEARCH METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.1.1. OBJECTIVES OF STUDY
7.1.2. SCOPE OF STUDY
7.2. SOURCES OF DATA
7.2.1. PRIMARY DATA SOURCES
7.2.2. SECONDARY DATA SOURCES
7.3. RESEARCH METHODOLOGY
7.3.1. EVALUATION OF PROPOSED MARKET
7.3.2. IDENTIFICATION OF DATA SOURCES
7.3.3. ASSESSMENT OF MARKET DETERMINANTS
7.3.4. DATA COLLECTION
7.3.5. DATA VALIDATION & ANALYSIS

LIST OF TABLES

TABLE 1: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF CONTRACTS AND PARTNERSHIPS
TABLE 4: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
TABLE 5: LIST OF ACQUISITIONS & MERGERS
TABLE 6: LIST OF NEW PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 7: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 8: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 9: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 11: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 13: EUROPE PHARMACY AUTOMATION EQUIPMENT, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 14: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 15: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 16: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 17: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 18: ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 19: LATIN AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 20: LATIN AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 21: LATIN AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)
TABLE 22: MIDDLE EAST AND AFRICA PHARMACY AUTOMATION EQUIPMENT MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 23: MIDDLE EAST AND AFRICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 24: MIDDLE EAST AND AFRICA PHARMACY AUTOMATION EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)
FIGURE 2: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED MEDICATION DISPENSING SYSTEM, 2022-2028 (IN $ MILLION)
FIGURE 3: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED PACKAGING AND LABELING SYSTEM, 2022-2028 (IN $ MILLION)
FIGURE 4: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED TABLE-TOP COUNTER, 2022-2028 (IN $ MILLION)
FIGURE 5: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED STORAGE AND RETRIEVAL SYSTEM, 2022-2028 (IN $ MILLION)
FIGURE 6: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY OTHER TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 7: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2020 & 2028 (IN %)
FIGURE 8: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY RETAIL PHARMACY, 2022-2028 (IN $ MILLION)
FIGURE 9: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY HOSPITAL PHARMACY, 2022-2028 (IN $ MILLION)
FIGURE 10: GLOBAL PHARMACY AUTOMATION EQUIPMENT MARKET, BY OTHER INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)
FIGURE 11: UNITED STATES PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 12: CANADA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 13: GERMANY PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 14: FRANCE PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 15: UNITED KINGDOM PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 16: ITALY PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 17: RUSSIA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 18: SPAIN PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 19: REST OF EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 20: CHINA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 21: JAPAN PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 22: INDIA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: AUSTRALIA & NEW ZEALAND PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 24: SOUTH KOREA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: ASEAN COUNTRIES PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: REST OF ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: BRAZIL PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: MEXICO PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: REST OF LATIN AMERICA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 30: SAUDI ARABIA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 31: UNITED ARAB EMIRATES PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: TURKEY PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: SOUTH AFRICA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: REST OF MIDDLE EAST & AFRICA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

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