North America Pharmacy Automation Market Research Report-Forecast till 2032

Pharmacy automation refers to the use of technology and automated systems to perform various tasks and processes within a pharmacy setting. These technologies are designed to streamline and optimize the workflow in pharmacies, enhancing efficiency, accuracy, and overall patient care.

Increasing incidences of chronic diseases and increasing investment to bring technologically based solution in the region are the major factors driving the growth of the North America pharmacy automation market. However, the high initial investment to set up pharmacy automation is expected to hamper the growth of the regional market. Nevertheless, a growing geriatric population is anticipated to create lucrative opportunities for the market.

Market Segmentation

Based on product, the pharmacy automation market has been segmented into medication dispensing systems, packaging and labelling systems, Rx undercounter units, automated medication compounding systems, and others.

Based on end use, the market has been segmented into retail pharmacy, inpatient pharmacies, outpatient pharmacies, and pharmacy benefit management organizations and mail-order pharmacies.

Based on region, the North America pharmacy automation market has been segmented into US, Canada, and Mexico. The US accounted for the largest market share of 81.45% in 2022 and is anticipated to reach approximately USD 5,388.25 million by 2032 at an 7.60% CAGR during the forecast period. However, Canada is projected to grow at the highest CAGR of 9.04% during the forecast period.

Major Players

The key market players are Baxter, Omnicell Inc, McKesson Corporation, Becton, Dickinson and Company, Capsa Healthcare, ScriptPro LLC, Swisslog Healthcare, Pearson Medical Technologies.

1EXECUTIVE SUMMARY

2MARKET INTRODUCTION

2.1DEFINITION
2.2SCOPE OF THE STUDY
2.3RESEARCH OBJECTIVE
2.4MARKET STRUCTURE

3RESEARCH METHODOLOGY

3.1OVERVIEW
3.2DATA FLOW
- 3.2.1Data Mining Process
3.3PURCHASED DATABASE:
3.4SECONDARY SOURCES:
- 3.4.1Secondary Research data flow:
3.5PRIMARY RESEARCH:
- 3.5.1Primary Research DATA FLOW:
- 3.5.2Primary Research: Number of Interviews conducted
3.6APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1Revenue Analysis Approach
3.7DATA FORECASTING
- 3.7.1Data forecasting Technique
3.8DATA MODELLING
- 3.8.1microeconomic factor analysis:
- 3.8.2Data moldelling:
3.9TEAMS AND ANALYST CONTRIBUTION

4MARKET DYNAMICS

4.1INTRODUCTION
4.2DRIVERS
- 4.2.1Increasing incidences of chronic diseases across the north america
- 4.2.2Increasing investment to bring technologically based solution in the North America
4.3RESTRAINTS
- 4.3.1High initial investment to set-up pharmacy automation
4.4OPPORTUNITY
- 4.4.1Growing geriatric population

5MARKET FACTOR ANALYSIS

5.1PORTER'S FIVE FORCES MODEL
- 5.1.1Threat of New Entrants
- 5.1.2BARGAINING POWER OF SUPPLIERS
- 5.1.3Threat of Substitutes
- 5.1.4Bargaining Power of Buyers
- 5.1.5Intensity of Rivalry
5.2IMPACT OF COVID-19 ON THE NORTH AMERICA PHARMACY AUTOMATION MARKET

6NORTH AMERICA PHARMACY AUTOMATION MARKET, BY PRODUCT

6.1OVERVIEW
6.2MEDICATION DISPENSING SYSTEMS
- 6.2.1Robots/robotic automated dispensing systems
- 6.2.2Carousels
- 6.2.3Automated dispensing cabinets
6.3PACKAGING AND LABELLING SYSTEMS
6.4RX UNDERCOUNTER UNITS
6.5AUTOMATED MEDICATION COMPOUNDING SYSTEMS
6.6OTHERS

7NORTH AMERICA PHARMACY AUTOMATION MARKET, BY END USE

7.1OVERVIEW
7.2RETAIL PHARMACY
7.3INPATIENT PHARMACIES
7.4OUTPATIENT PHARMACIES
7.5PHARMACY BENEFIT MANAGEMENT ORGANIZATIONS AND MAIL-ORDER PHARMACIES

8NORTH AMERICA PHARMACY AUTOMATION MARKET, BY COUNTRY

8.1NORTH AMERICA
- 8.1.1US
- 8.1.2CANADA
- 8.1.3Mexico

9COMPETITIVE LANDSCAPE

9.1INTRODUCTION
9.2MARKET SHARE ANALYSIS,61
9.3COMPETITOR DASHBOARD
9.4PUBLIC PLAYERS STOCK SUMMARY
9.5COMPARATIVE ANALYSIS: KEY PLAYERS FINANICAL
9.6KEY DEVELOPMENTS & GROWTH STRATEGIES
- 9.6.1Product Launch
- 9.6.2Collaboration
- 9.6.3Agreement
- 9.6.4Acquisition
- 9.6.5Expansion

10COMPANY PROFILES

10.1BECTON, DICKINSON, AND COMPANY
- 10.1.1COMPANY OVERVIEW
- 10.1.2FINANCIAL OVERVIEW
- 10.1.3PRODUCTS OFFERED
- 10.1.4KEY DEVELOPMENTS
- 10.1.5SWOT ANALYSIS
- 10.1.6KEY STRATEGIES
10.2ACCU-CHART
- 10.2.1COMPANY OVERVIEW
- 10.2.2FINANCIAL OVERVIEW
- 10.2.3PRODUCTS OFFERED
- 10.2.4KEY DEVELOPMENTS
- 10.2.5KEY STRATEGIES
10.3CAPSA HEALTHCARE
- 10.3.1COMPANY OVERVIEW
- 10.3.2FINANCIAL OVERVIEW
- 10.3.3Products OFFERed
- 10.3.4KEY DEVELOPMENTS
- 10.3.5KEY STRATEGIES
10.4ARXIUM
- 10.4.1COMPANY OVERVIEW
- 10.4.2FINANCIAL OVERVIEW
- 10.4.3PRODUCTS OFFERED
- 10.4.4KEY DEVELOPMENTS
- 10.4.5KEY STRATEGIES
10.5BAXTER
- 10.5.1COMPANY OVERVIEW
- 10.5.2FINANCIAL OVERVIEW
- 10.5.3productS OFFERED
- 10.5.4KEY DEVELOPMENTS
- 10.5.5SWOT ANALYSIS
- 10.5.6KEY STRATEGIES
10.6SCRIPTPRO LLC
- 10.6.1COMPANY OVERVIEW
- 10.6.2FINANCIAL OVERVIEW
- 10.6.3products OFFERED
- 10.6.4KEY DEVELOPMENTS
- 10.6.5SWOT ANALYSIS
- 10.6.6KEY STRATEGIES
10.7SWISSLOG HEALTHCARE
- 10.7.1COMPANY OVERVIEW
- 10.7.2FINANCIAL OVERVIEW
- 10.7.3productS OFFERED
- 10.7.4KEY DEVELOPMENTS
- 10.7.5KEY STRATEGIES
10.8OMNICELL, INC.
- 10.8.1COMPANY OVERVIEW
- 10.8.2FINANCIAL OVERVIEW
- 10.8.3PRODUCTS OFFERED
- 10.8.4KEY DEVELOPMENTS
- 10.8.5SWOT ANALYSIS
- 10.8.6KEY STRATEGIES
10.9MCKESSON CORPORATION
- 10.9.1COMPANY OVERVIEW
- 10.9.2FINANCIAL OVERVIEW
- 10.9.3PRODUCTS OFFERED
- 10.9.4KEY DEVELOPMENTS
- 10.9.5SWOT ANALYSIS
- 10.9.6KEY STRATEGIES
10.10PEARSON MEDICAL TECHNOLOGIES
- 10.10.1COMPANY OVERVIEW
- 10.10.2FINANCIAL OVERVIEW
- 10.10.3PRODUCTS OFFERED
- 10.10.4KEY DEVELOPMENTS
- 10.10.5KEY STRATEGIES

11DATA CITATIONS

LIST OF TABLES

TABLE 1 QFD MOLDELLING FOR MARKET SHARE ASSESSMENT
TABLE 2 NORTH AMERICA PHARMACY AUTOMATION MARKET, BY PRODUCT, 2019-2032 (USD MILLION)
TABLE 3 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR MEDICATION DISPENSING SYSTEMS, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 4 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR MEDICATION DISPENSING SYSTEMS, BY TYPE, 2019-2032 (USD MILLION)
TABLE 5 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR ROBOTS/ROBOTIC AUTOMATED DISPENSING SYSTEMS, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 6 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR CAROUSELS, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 7 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR AUTOMATED DISPENSING CABINETS, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 8 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR PACKAGING AND LABELLING SYSTEMS, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 9 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR RX UNDERCOUNTER UNITS, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 10 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR MEDICATION COMPOUNDING SYSTEMS, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 11 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR OTHERS, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 12 NORTH AMERICA PHARMACY AUTOMATION MARKET, BY END USE, 2019-2032 (USD MILLION)
TABLE 13 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR RETAIL PHARMACY,, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 14 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR INPATIENT PHARMACIES, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 15 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR OUTPATIENT PHARMACIES, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 16 NORTH AMERICA PHARMACY AUTOMATION MARKET, FOR PHARMACY BENEFIT MANAGEMENT ORGANIZATIONS AND MAIL-ORDER PHARMACIES, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 17 NORTH AMERICA: PHARMACY AUTOMATION MARKET, BY COUNTRY, 2019-2032 (USD MILLION)
TABLE 18 US: PHARMACY AUTOMATION MARKET, BY PRODUCT, 2019-2032 (USD MILLION)
TABLE 19 US: PHARMACY AUTOMATION MARKET FOR MEDICATION DISPENSING SYSTEMS, BY TYPE 2019-2032 (USD MILLION)
TABLE 20 US: PHARMACY AUTOMATION MARKET, BY END USE, 2019-2032 (USD MILLION)
TABLE 21 CANADA: PHARMACY AUTOMATION MARKET, BY PRODUCT, 2019-2032 (USD MILLION)
TABLE 22 CANADA: PHARMACY AUTOMATION MARKET FOR MEDICATION DISPENSING SYSTEMS, BY TYPE 2019-2032 (USD MILLION)
TABLE 23 CANADA: PHARMACY AUTOMATION MARKET, BY END USE, 2019-2032 (USD MILLION)
TABLE 24 MEXICO: PHARMACY AUTOMATION MARKET, BY PRODUCT, 2019-2032 (USD MILLION)
TABLE 25 MEXICO: PHARMACY AUTOMATION MARKET FOR MEDICATION DISPENSING SYSTEMS, BY TYPE 2019-2032 (USD MILLION)
TABLE 26 MEXICO: PHARMACY AUTOMATION MARKET, BY END USE, 2019-2032 (USD MILLION)
TABLE 27 PUBLIC PLAYERS STOCK SUMMARY
TABLE 28 COMPARATIVE ANALYSIS: KEY PLAYERS FINANICAL
TABLE 29 PRODUCT LAUNCH
TABLE 30 COLLABORATION
TABLE 31 AGREEMENT
TABLE 32 ACQUISITION
TABLE 33 EXPANSION
TABLE 34 BECTON, DICKINSON AND COMPANY: FINANCIAL OVERVIEW
TABLE 35 BECTON, DICKINSON AND COMPANY: PRODUCTS OFFERED
TABLE 36 BECTON, DICKINSON, AND COMPANY: KEY DEVELOPMENTS
TABLE 37 BECTON, DICKINSON AND COMPANY: SWOT ANALYSIS
TABLE 38 ACCU-CHART: PRODUCTS OFFERED
TABLE 39 CAPSA HEALTHCARE: PRODUCTS OFFERED
TABLE 40 CAPSA HEALTHCARE: KEY DEVELOPMENTS
TABLE 41 ARXIUM: PRODCUTS OFFERED
TABLE 42 BAXTER: PRODUCT OFFERED
TABLE 43 SCRIPTPRO LLC: PRODUCT OFFERED
TABLE 44 SWISSLOG HEALTHCARE: PRODUCT OFFERED
TABLE 45 OMNICELL, INC.: FINANCIAL OVERVIEW
TABLE 46 OMNICELL, INC.: PRODUCTS OFFERED
TABLE 47 OMNICELL, INC.: KEY DEVELOPMENTS
TABLE 48 MCKESSON CORPORATION: FINANCIAL OVERVIEW
TABLE 49 MCKESSON CORPORATION: PRODCUTS OFFERED
TABLE 50 PEARSON MEDICAL TECHNOLOGIES: PRODUCTS OFFERED

LIST OF FIGURES

FIGURE 1NORTH AMERICA PHARMACY AUTOMATION MARKET: STRUCTURE
FIGURE 2NORTH AMERICA PHARMACY MARKET: MARKET GROWTH FACTOR ANALYSIS (2022-2032)
FIGURE 3DRIVER IMPACT ANALYSIS (2023-2032)
FIGURE 4RESTRAINT IMPACT ANALYSIS (2022-2032)
FIGURE 5PORTER'S FIVE FORCES ANALYSIS: NORTH AMERICA PHARMACY AUTOMATION MARKET
FIGURE 6NORTH AMERICA PHARMACY AUTOMATION MARKET, PRODUCT SEGMENT ATTRACTIVENESS, 2022 & 2032 (USD MILLION)
FIGURE 7NORTH AMERICA PHARMACY AUTOMATION MARKET, BY PRODUCT, 2022 & 2032 (USD MILLION)
FIGURE 8NORTH AMERICA PHARMACY AUTOMATION MARKET SHARE (%), BY PRODUCT, 2022
FIGURE 9NORTH AMERICA PHARMACY AUTOMATION MARKET, PRODUCT SEGMENT ATTRACTIVENESS, 2022 & 2032 (USD MILLION)
FIGURE 10NORTH AMERICA PHARMACY AUTOMATION MARKET, BY END USE, 2022 & 2032 (USD MILLION)
FIGURE 11NORTH AMERICA PHARMACY AUTOMATION MARKET SHARE (%), BY END USE, 2022
FIGURE 12NORTH AMERICA MARKET ANALYSIS: PHARMACY AUTOMATION MARKET, 2022-2032 (USD MILLION)
FIGURE 13NORTH AMERICA: PHARMACY AUTOMATION MARKET, BY COUNTRY, 2022 & 2032 (USD MILLION)
FIGURE 14NORTH AMERICA: PHARMACY AUTOMATION MARKET SHARE (%), BY COUNTRY, 2022
FIGURE 15NORTH AMERICA PHARMACY AUTOMATION MARKET PLAYERS: COMPETITIVE ANALSIS, 2022
FIGURE 16COMPETITOR DASHBOARD: NORTH AMERICA PHARMACY AUTOMATION MARKET
FIGURE 17BAXTER: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 18BAXTER: SWOT ANALYSIS
FIGURE 19SCRIPTPRO LLC: SWOT ANALYSIS
FIGURE 20OMNICELL, INC.: SWOT ANALYSIS
FIGURE 21MCKESSON CORPORATION: SWOT ANALYSIS