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Pharmacy Automation Systems Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Pharmacy Automation Systems Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The report on global pharmacy automation systems market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global pharmacy automation systems market to grow with a CAGR of 6.5% over the forecast period of 2018-2024. The study on pharmacy automation systems market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.

Use of pharmacy automation system helps in improving efficiency and productivity of the pharmacy is a primary driver for the pharmacy automation system market growth. Beside this, reduce medication errors, rush in pharmacy centers, reduce inventory and space saving design of the machine are also some of the factors leading to increase demand for pharmacy automation systems. However, high cost of implementation of automation system to hinder the market growth. Continually developing new solutions to aid pharmacies in increasing throughput can create more opportunities in near future.

Geographically, North America held the largest market share in 2017 and is expected to dominate throughout the forecast period. Meanwhile Europe is the second largest market for pharmacy automation system. In North America, heavy investment is been done in pharmacy automation in order to minimize the medication errors. This investment was done in pharmacy automation as it was found that error in medication prescription dispensing was a leading cause of death in North America after cancer, heart attack and stroke. Asia pacific is expected to grow at the highest CAGR on account of rising awareness and investment in healthcare infrastructure.

The report on pharmacy automation systems market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global pharmacy automation systems market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global pharmacy automation systems market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global pharmacy automation systems market is segmented on the basis of product type, application and end-user.

Global Pharmacy Automation Systems Market by Product Type
Medication Dispensing Cabinets
Packaging & Labelling Machines
IV Pharmacy
Robotic Dispensing Machines
Carousel Storage
Tablet Splitters
Global Pharmacy Automation Systems Market by Application
Drug Dispensing & Packaging
Drug Storage
Inventory Management
Global Pharmacy Automation Systems Market by End-User
Hospital Pharmacies
Clinic Pharmacies
Retail Pharmacy Stores
Mail Order Pharmacies
Pharmaceutical SMEs

Company Profiles
McKesson Corporation
AmerisourceBergen Corporation
Health Robotics SRL
CareFusion Corporation
Cerner Corporation
Omnicell Inc
Kirby Lester
Baxter International Inc.
ScriptPro LLC
Yuyama Co., Ltd

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of pharmacy automation systems market.
2. Complete coverage of all the segments in pharmacy automation systems market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global pharmacy automation systems market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.


The report on pharmacy automation systems market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global pharmacy automation systems market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

Company Profiles
McKesson Corporation
AmerisourceBergen Corporation
Health Robotics SRL
CareFusion Corporation
Cerner Corporation
Omnicell Inc
Kirby Lester
Baxter International Inc.
ScriptPro LLC
Yuyama Co., Ltd

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