Pharmacy automation encompasses the electronic techniques utilized in the distribution, sorting, packaging, and counting of prescription medications. It provides several benefits to pharmacy proprietors, including improved accuracy and efficiency, space utilization, heightened security for narcotics, and enhanced inventory management.
The primary components of pharmacy automation include dispensing systems, pill sorting machines, labeling machines, packaging machines, inventory management software, automated storage and retrieval systems, among others. A dispensing system is a device designed for the distribution or dispensation of substances or materials, encompassing tasks such as drug dispensing and packaging, drug storage, and inventory management. These systems cater to various end users, including inpatient pharmacies, outpatient pharmacies, retail pharmacies, pharmacy benefit management organizations, and mail-order pharmacies.
The pharmacy automation market research report is one of a series of new reports from The Business Research Company that provides pharmacy automation market statistics, including the pharmacy automation industry global market size, regional shares, competitors with pharmacy automation market share, detailed pharmacy automation market segments, market trends, and opportunities, and any further data you may need to thrive in the pharmacy automation industry. This pharmacy automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The pharmacy automation market size has grown rapidly in recent years. It will grow from $7.32 billion in 2024 to $8.2 billion in 2025 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to a shortage of skilled pharmacy staff, stringent regulations, and standards, the need to reduce medication errors, enhanced data management, and patient's expectations for faster service.
The pharmacy automation market size is expected to see rapid growth in the next few years. It will grow to $12.71 billion in 2029 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to the rising number of prescriptions due to aging populations, growth of retail pharmacy chains, focus on patient experience, rising labor costs, and integration with EHR (electronic health record) systems. Major trends in the forecast period include AI-powered systems, adoption of tele pharmacy solutions, increased use of robotics, centralized systems for prescription processing, and adoption of blockchain technology.
The rising disease rates are expected to drive the growth of the pharmacy automation market in the coming years. Disease rate refers to the frequency of a specific disease within a population over a designated time period. This surge in disease rates can be attributed to factors such as population growth, increased travel and trade, climate change, pollution, and the emergence of new infectious agents or strains. Pharmacy automation helps address rising disease rates by streamlining medication dispensing processes, improving accuracy, and enhancing efficiency in disease management. These systems enable timely medication dispensing and monitoring, allowing healthcare providers to intervene swiftly if patients' conditions worsen. For example, in February 2024, the World Health Organization (WHO) projected that by 2050, over 35 million new cancer cases would be reported, a 77% increase compared to the 20 million cases estimated in 2022. Thus, the rise in disease rates is fueling the growth of the pharmacy automation market.
Leading companies in the pharmacy automation market are strategically expanding their product portfolios by introducing advanced solutions such as next-generation automated drug dispensing systems. Next-generation automated drug dispensing systems are technologically advanced solutions designed to automate and streamline medication dispensing processes in healthcare settings. For instance, in October 2023, JVM Co. Ltd., a South Korea-based manufacturer of pharmacy automation systems, unveiled MENITH, an automated dispensing machine featuring a robotic arm with articulated movement. MENITH represents a leap forward in automation technology, featuring a multi-joint collaborative robot arm designed to fully automate the canister exchange process. With a dispensing speed that is more than double that of traditional pouch-type automated dispensing machines, MENITH can dispense up to 120 pouches per minute. Additionally, it incorporates an automated inspection system that reduces the time and resources required for pharmacy dispensing processes.
In July 2022, Becton, Dickinson, and Company (BD), a US-based medical technology company, completed the acquisition of Parata Systems LLC for an undisclosed sum. This acquisition positions Becton, Dickinson, and Company to enhance its solutions strategy by integrating the innovative pharmacy automation product portfolio of Parata Systems. Through this collaboration, both companies aim to support pharmacy leaders in addressing key challenges such as clinician shortages, escalating wage costs, the centralization of pharmacy services, and increasing clinical responsibilities on pharmacy teams. Parata Systems LLC, a US-based company, offers an advanced and innovative pharmacy automation portfolio encompassing adherence packaging, high-speed dispensing, and workflow solutions.
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.
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.
The countries covered in the pharmacy automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The pharmacy automation market consists of revenues earned by entities by providing services such as inventory management, narcotics security, and space savings. The market value includes the value of related goods sold by the service provider or included within the service offering. The pharmacy automation market also includes sales of prescription filling robots, narcotics dispensing systems, drug verification systems, and pharmacy robotic systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Pharmacy Automation Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pharmacy automation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for pharmacy automation ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pharmacy automation market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered: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
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Table of Contents
1. Executive Summary
2. Pharmacy Automation Market Characteristics
3. Pharmacy Automation Market Trends And Strategies
4. Pharmacy Automation Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Pharmacy Automation Growth Analysis And Strategic Analysis Framework
5.1. Global Pharmacy Automation PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Pharmacy Automation Market Growth Rate Analysis
5.4. Global Pharmacy Automation Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Pharmacy Automation Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Pharmacy Automation Total Addressable Market (TAM)
6. Pharmacy Automation Market Segmentation
6.1. Global Pharmacy Automation Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Dispensing Systems
Pill Sorting Machines
Labelling Machines
Packaging Machines
Inventory Management
Automated Storage and Retrieval Systems
Other Products
6.2. Global Pharmacy Automation Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Drug Dispensing And Packaging
Drug Storage
Inventory Management
6.3. Global Pharmacy Automation Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Inpatient Pharmacies
Outpatient Pharmacies
Retail Pharmacies
Pharmacy Benefit Management Organizations And Mail-Order Pharmacies
6.4. Global Pharmacy Automation Market, Sub-Segmentation Of Dispensing Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Prescription Dispensing Systems
Automated Dispensing Cabinets
Robot-Assisted Dispensing
6.5. Global Pharmacy Automation Market, Sub-Segmentation Of Pill Sorting Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Manual Pill Sorting Machines
Automated Pill Sorting Machines
6.6. Global Pharmacy Automation Market, Sub-Segmentation Of Labelling Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Labeling For Bottles And Containers
Labeling For Blister Packs
Automated Label Application Machines
6.7. Global Pharmacy Automation Market, Sub-Segmentation Of Packaging Machines, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Pill Packaging Machines
Blister Packaging Machines
Bottle Packaging Machines
6.8. Global Pharmacy Automation Market, Sub-Segmentation Of Inventory Management, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Inventory Tracking Systems
Drug Replenishment Systems
Stock Auditing Systems
6.9. Global Pharmacy Automation Market, Sub-Segmentation Of Automated Storage And Retrieval Systems, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Vertical Lift Modules (Vlms)
Automated Shelving Systems
Carousel Storage Systems
6.10. Global Pharmacy Automation Market, Sub-Segmentation Of Other Products, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Prescription Verification Systems
Pharmacy Workflow Automation Tools
7. Pharmacy Automation Market Regional And Country Analysis
7.1. Global Pharmacy Automation Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Pharmacy Automation Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion