The overall pharmacy automation systems market is estimated to grow at a CAGR of 8.2% from 2017 to 2022 to reach USD 5.38 Billion by 2022.

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Some of the prominent players in the global pharmacy automation market include Becton, Dickinson, and Company (U.S.), Omnicell, Inc. (U.S.), Cerner Corporation (U.S.), Capsa Healthcare (U.S.), Parata Systems LLC (U.S), Baxter International, Inc. (U.S.), ScriptPro LLC (U.S.), KUKA AG (Germany), TCGRx Pharmacy Workflow Solutions (U.S.), RxSafe, LLC (U.S.), ARxIUM Inc. (U.S.) and Talyst Systems, LLC (U.S.).

Major Market Developments

• In 2016, BD launched a software for Pyxis ES System. This product ensures patient safety and workflow benefits for health systems’ medication management.
• In 2015, BD acquired CareFusion Corporation, a global medical technology company with a comprehensive portfolio of products in the areas of medication management, infection prevention, operating room & procedural effectiveness, and respiratory care.
• In 2017, Omnicell launched Omnicell VBM 200F. It fills and checks SureMed multiple medication blister cards.
• In 2016, Omnicell launched Omnicell XT Automated Dispensing Cabinets, designed with modern hardware technology and features that bring improvements in workflow efficiency, medication accountability, and patient safety.
• In 2016, Omicell launched SureMed by Omnicell Guided Packing software. This software is designed to increase pharmacists’ accuracy in filling SureMed multiple medication blister cards and help pharmacists strengthen their patient-facing solutions.

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The pharmacy automation market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is the fastest-growing market for pharmacy automation systems. Increasing healthcare spending and government initiatives to develop HCIT infrastructure has increased the growth of pharmacy automation market in this region.

On the other hand, with the rapid rise in the number of patients, demand for quality care, and effective upgradation of the healthcare IT infrastructure is expected to have a positive impact on the demand for pharmacy automation systems market in APAC region.

List of Figures (54 Figures)

Figure 1 Pharmacy Automation Market Segmentation
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Global Pharmacy Automation Systems Market Size, By Product, 2017 vs 2022 (USD Million)
Figure 8 Global Automated Packaging & Labeling Systems Market Size, By Type, 2017 vs 2022 (USD Million)
Figure 9 Global Centralized Automated Dispensing Systems Market Size, By Type, 2017 vs 2022 (USD Million)
Figure 10 Global Pharmacy Automation Market Size, By End User, 2017 vs 2022 (USD Million)