The report "Pharmacy Automation Market Size, Growth by Product (Automated Medication Dispensing & Storage Systems, Table-Top Counters, Retrieval Systems, Medication Compounding), End User (Inpatient, Outpatient (Fast-Track Clinics), Retail Pharmacies) - Global Forecast to 2027 is projected to reach USD 8.2 billion by 2027, at a CAGR of 7.9%.

Request for Sample Report @  https://www.marketsandmarkets.com/requestsampleNew.asp?id=71522890

The pharmacy automation solutions market is on the rise as healthcare providers strive to increase efficiency and reduce costs. Automation solutions are being used to streamline the process of dispensing drugs, packaging, labeling, and tracking medications. Automated solutions can be used to track drug inventory, reduce the risk of errors, and improve patient safety.

In addition, the increasing demand for personalized medication management, the growing number of regulatory approvals, and the need for precise inventory control are key factors driving the growth of the pharmacy automation solutions market. Automation solutions help pharmacies to meet the demands of patients by providing them with accurate and timely access to medications.

Overall, the growing demand for pharmacy automation solutions is expected to drive the growth of the market in the coming years. Automation solutions help pharmacies to improve efficiency, reduce costs, and provide better patient care. The increasing adoption of automation solutions in pharmacies is expected to drive the growth of the market in the near future.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=71522890

Key Market Players

The pharmacy automation market is consolidated at the top with a large number of leading market players based in developed countries. The prominent players operating in this market include Becton, Dickinson and Company (US), Omnicell, Inc. (US), KUKA AG (Swisslog Healthcare) (Germany), Baxter International Inc. (US), Capsa Healthcare (US), Cerner Corporation (US), Yuyama Co., Ltd. (Japan), ARxIUM Inc. (US), Parata Systems, LLC (US), RxSafe, LLC (US), ScriptPro LLC (US), Pearson Medical Technologies, LLC (US), Medical Packaging Inc., LLC (US), Tension Corporation (US), Noritsu Pharmacy Automation (US), Euclid Medical Products (US), TouchPoint Medical Solutions (US), Meditech Pharmacy Management Solutions (Belgium), and Innovation Associates (US)

Becton, Dickinson and Company (BD) (US): As a global manufacturer of high-quality pharmacy automation products, BD aims to further strengthen its market position through organic growth strategies such as investments in research & development activities. BD invested USD 1.33 billion and USD 1.09 billion in R&D in 2021 and 2020, respectively.

Omnicell, Inc. (US): Omnicell is one of the leading players in the pharmacy automation market. The company has an extensive range of pharmacy automation systems with a high brand value that has helped it gain a competitive edge in the pharmacy automation market and a prominent global presence. The company focuses on inorganic growth by acquiring other companies. Omnicell acquired MarkeTouch Media, LLC (US) to expand its footprint in the retail pharmacy sector. It also acquired ReCept Holdings, Inc. (US) to expand its advanced services portfolio.

KUKA AG (Swisslog Healthcare) (Germany): KUKA offers a wide range of pharmacy automation solutions through its Swisslog Healthcare business division. Swisslog Healthcare focuses on enhancing its business through new product developments and geographic expansions. The company developed the UniPick 2 automation solution for outpatient drug dispensing in hospital pharmacies (outpatient solutions) in the rapidly growing Chinese market. New products developed and enhancements have provided Swisslog with a competitive advantage over other players in the market.

North America holds the largest share of the pharmacy automation market

North America accounted for the largest share of the pharmacy automation market. Factors such as technological advancements in pharmacy automation systems, growth in the healthcare sector, and the presence of top pharmacy automation system manufacturers in the US are expected to contribute to the growth of the pharmacy automation market in North America.

Recent Developments:

·         In 2022, Capsa Healthcare announced the acquisition of Humanscale Healthcare (US), a designer and manufacturer of flexible technology solutions and computing workstations based in New York. Combined, Capsa now offers the broadest product suite in the market and expands its ability to provide ergonomically tailored point-of-care computing solutions to healthcare partners worldwide.

·         In 2022, Capsa Healthcare (US) announced an expansion to its suite of NexsysADC automated dispensing cabinets. NexsysADC can accommodate any size of controlled or high-value medications or supplies in two new sizes of Controlled Access Module Drawers.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=71522890

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

sales@marketsandmarkets.com