What Market Size Is Projected For The Pharmacy Automation Devices Market By 2030?
The pharmacy automation devices market size has grown rapidly in recent years. It will grow from $6.62 billion in 2025 to $7.31 billion in 2026 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increasing prescription volumes, shortage of pharmacy workforce, expansion of hospital pharmacy infrastructure, adoption of automated dispensing cabinets, rising focus on patient safety.
The pharmacy automation devices market size is expected to see rapid growth in the next few years. It will grow to $10.73 billion in 2030 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to increasing demand for high-throughput pharmacy operations, rising adoption of centralized fill pharmacies, expansion of mail-order and specialty pharmacies, growing investments in healthcare automation, increasing regulatory focus on medication accuracy. Major trends in the forecast period include increasing deployment of robotic medication dispensing systems, rising adoption of automated packaging and labeling solutions, growing integration of pharmacy information systems, expansion of centralized pharmacy automation, enhanced focus on medication error reduction.
Claim Your Free Report Sample Today:
What Drivers Are Contributing To The Expansion Trajectory Of The Pharmacy Automation Devices Market?
Growing prescription volume is expected to propel the growth of the pharmacy automation devices market going forward. Prescription volume is rising due to an aging population, increased prevalence of chronic diseases, and greater access to healthcare services. Pharmacy automation devices streamline prescription processing, reducing errors and improving efficiency to handle increasing prescription volumes. For instance, in July 2024, according to the Australian Institute of Health and Welfare, an Australia-based government agency, in 2022–23, PBS prescriptions were dispensed to 17.8 million Australians, representing 67% of the population. Prescription dispensing rates rose with age, with the lowest rates observed among individuals aged 0–14 (184 prescriptions per 100 people in this age group), while the highest rates were seen in those aged 85 and older (6,031 prescriptions per 100 people in this age group). Therefore, the growing prescription volume is driving the pharmacy automation devices market.
Which Primary Segments Are Included In The Detailed Analysis Of The Pharmacy Automation Devices Market?
The pharmacy automation devices market covered in this report is segmented –
1) By Product: Medication Dispensing Systems, Packaging And Labeling Systems, Storage And Retrieval Systems, Automated Medication Compounding Systems, Tabletop Tablet Counters
2) By Component: Hardware, Software, Services
3) By End-User: Retail Pharmacy, Inpatient Pharmacies, Outpatient Pharmacies, Pharmacy Benefit Management Organizations And Mail-Order Pharmacies
Subsegments:
1) By Medication Dispensing Systems: Automated Dispensing Machines, Robotic Dispensing Systems
2) By Packaging And Labeling Systems: Automated Packaging Machines, Labeling Systems For Prescription Medications
3) By Storage And Retrieval Systems: Automated Storage Systems, Carousel Storage Systems
4) By Automated Medication Compounding Systems: IV Compounding Systems, Oral Compounding Systems
5) By Tabletop Tablet Counters: Electronic Tablet Counters, Manual Tablet Counters
What Influential Trends Are Gaining Momentum Within The Pharmacy Automation Devices Market?
Major companies operating in the pharmacy automation devices market are developing innovative products, such as cloud-based automation devices, to gain a competitive edge in the market. Cloud-based automation devices refer to systems that use cloud computing to manage, store, and process data remotely, allowing automation tasks to be performed without relying on on-site hardware. For instance, in March 2023, iA, a US-based provider of robotic and automation solutions, launched advanced fulfillment solutions to meet the growing demands in the pharmacy industry. These new offerings include Shared Central Fulfillment, which uses cloud-based technology to allow pharmacy fulfillment centers to serve multiple pharmacy partners from a single location. This approach combines iA's NEXiA fulfillment and NEXiA cloud software with advanced automation and robotics, improving the efficiency of prescription fulfillment processes for pharmacies of all sizes.
Which Major Corporations Play A Crucial Role In The Pharmacy Automation Devices Market Landscape?
Major companies operating in the pharmacy automation devices market are Omnicell Inc., ARxIUM Inc., ScriptPro LLC, Capsa Healthcare, Swisslog Healthcare, RxSafe LLC, Yuyama Co Ltd., Parata Systems LLC, Aesynt Incorporated, Talyst LLC, Kirby Lester, TouchPoint Medical, Health Robotics Srl, Innovation PharmaAssist Robotics Pvt Ltd., R/X Automation Solutions Inc., Pearson Medical Technologies LLC, Becton Dickinson & Company, Baxter International Inc., McKesson Corporation, AmerisourceBergen Corp, Danaher Corporation, KUKA AG
Get Your In-Depth Pharmacy Automation Devices Market Report Now:
Which Geographical Region Is Projected To Lead The Pharmacy Automation Devices Market Throughout The Forecast Period?
North America was the largest region in the pharmacy automation devices market in 2025. The regions covered in the pharmacy automation devices market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Contact Us:
The Business Research Company: Market Research Reports
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: info@tbrc.info
Follow Us On:
LinkedIn: The Business Research Company | LinkedIn
Comments
Post a Comment