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The Worldwide Pharmacy Automation Industry is Expected to Reach $8.2 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 5, 2022

The pharmacy automation market is projected to reach USD 8.2 billion by 2027 from USD 5.6 billion in 2022, at a CAGR of 7.9% during the forecast period.

Key Points: 
  • The pharmacy automation market is projected to reach USD 8.2 billion by 2027 from USD 5.6 billion in 2022, at a CAGR of 7.9% during the forecast period.
  • Based on products, the pharmacy automation market is segmented into automated medication dispensing and storage systems, automated packaging and labeling systems, automated tabletop counters, automated medication compounding systems, and other pharmacy automation systems.
  • Pharmacy automation systems and solutions help in integrating and managing the entire pharmacy inventory and supply workflows.
  • Factors such as stringent regulatory standards for medication dispensing & patient safety, and the presence of top pharmacy automation system manufacturers in the US region are expected to contribute to the growth of the pharmacy automation market in North America.