
Europe Pharmacy Inventory Management Software Solutions and Cabinets Market Size, Share & Trends Analysis Report By Type (Cabinets/Systems, and Software Solutions), By End Use, By Mode of Operations, By Country and Growth Forecast, 2024 - 2031
Description
Europe Pharmacy Inventory Management Software Solutions and Cabinets Market Size, Share & Trends Analysis Report By Type (Cabinets/Systems, and Software Solutions), By End Use, By Mode of Operations, By Country and Growth Forecast, 2024 - 2031
The Europe Pharmacy Inventory Management Software Solutions And Cabinets Market would witness market growth of 7.0% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $660.1 Million by 2031. The UK market is exhibiting a CAGR of 6.2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 8.2% during (2024 - 2031).
Pharmacy inventory management cabinets, often called automated dispensing cabinets (ADCs), are secure, automated storage units that store and dispense medications. These cabinets are typically equipped with advanced technology, such as barcode scanners and RFID (radio-frequency identification), to track the storage and retrieval of medications accurately. They allow pharmacies to maintain secure access to high-value or controlled substances, ensuring only authorized personnel can retrieve them.
Moreover, the pharmacy inventory management software solutions and cabinets market is integral to the broader healthcare and pharmaceutical sectors, representing the confluence of technology, medicine, and logistics. As the healthcare industry evolves to embrace technological innovation, pharmacies are increasingly adopting advanced tools to optimize their inventory management processes.
The United Kingdom is a key player in adopting pharmacy inventory management solutions, owing to its strong pharmaceutical industry and commitment to technological advancement. The UK is home to major pharmaceutical companies, such as GlaxoSmithKline and AstraZeneca, and boasts a well-established research ecosystem supported by government funding and private investment. According to the UK Government, pharmaceutical R&D accounted for 18% of all R&D performed by businesses in the UK in 2022, the highest of any product area. Such initiatives drive the adoption of advanced pharmacy inventory management solutions, optimizing operations, and improving patient care.
Based on Type, the market is segmented into Cabinets/Systems, and Software Solutions. Based on End Use, the market is segmented into Independent Pharmacies, LTC, and Hospital Pharmacies. Based on Mode of Operations, the market is segmented into Decentralized and Centralized. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- ARxIUM, Inc.
- Epicor Software Corporation
- Omnicell, Inc.
- McKesson Corporation
- Becton, Dickinson and Company
- Cardinal Health, Inc.
- Oracle Corporation (Cerner Corporation)
- Capsa Healthcare LLC
- Accu-Chart Plus Healthcare Systems, Inc.
- ScriptPro, LLC
By Type
- Cabinets/Systems
- Software Solutions
- Independent Pharmacies
- LTC
- Hospital Pharmacies
- Decentralized
- Centralized
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
117 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, by Type
- 1.4.2 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, by End Use
- 1.4.3 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, by Mode of Operations
- 1.4.4 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Product Launches and Product Expansions
- 4.2.2 Acquisition and Mergers
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Oct – 2024, Sep) Leading Players
- 4.4 Porter Five Forces Analysis
- Chapter 5. Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
- 5.1 Europe Cabinets/Systems Market by Country
- 5.2 Europe Software Solutions Market by Country
- Chapter 6. Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
- 6.1 Europe Independent Pharmacies Market by Country
- 6.2 Europe LTC Market by Country
- 6.3 Europe Hospital Pharmacies Market by Country
- Chapter 7. Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
- 7.1 Europe Decentralized Market by Country
- 7.2 Europe Centralized Market by Country
- Chapter 8. Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Country
- 8.1 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market
- 8.1.1 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
- 8.1.2 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
- 8.1.3 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
- 8.2 UK Pharmacy Inventory Management Software Solutions And Cabinets Market
- 8.2.1 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
- 8.2.2 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
- 8.2.3 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
- 8.3 France Pharmacy Inventory Management Software Solutions And Cabinets Market
- 8.3.1 France Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
- 8.3.2 France Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
- 8.3.3 France Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
- 8.4 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market
- 8.4.1 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
- 8.4.2 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
- 8.4.3 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
- 8.5 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market
- 8.5.1 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
- 8.5.2 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
- 8.5.3 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
- 8.6 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market
- 8.6.1 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
- 8.6.2 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
- 8.6.3 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
- 8.7 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market
- 8.7.1 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
- 8.7.2 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
- 8.7.3 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
- Chapter 9. Company Profiles
- 9.1 ARxIUM, Inc.
- 9.1.1 Company Overview
- 9.2 Epicor Software Corporation
- 9.2.1 Company Overview
- 9.3 Omnicell, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Product Launches and Product Expansions:
- 9.3.5.2 Acquisition and Mergers:
- 9.4 McKesson Corporation
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 SWOT Analysis
- 9.5 Becton, Dickinson, and Company
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Acquisition and Mergers:
- 9.5.6 SWOT Analysis
- 9.6 Cardinal Health, Inc.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Recent strategies and developments:
- 9.6.4.1 Product Launches and Product Expansions:
- 9.6.4.2 Acquisition and Mergers:
- 9.6.5 SWOT Analysis
- 9.7 Oracle Corporation (Cerner Corporation)
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Product Launches and Product Expansions:
- 9.7.6 SWOT Analysis
- 9.8 Capsa Healthcare LLC
- 9.8.1 Company Overview
- 9.9 Accu-Chart Plus Healthcare Systems, Inc.
- 9.9.1 Company Overview
- 9.10. ScriptPro, LLC
- 9.10.1 Company Overview
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