Central Fill Pharmacy Automation Market Analysis

  • Report ID: 5392
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Central Fill Pharmacy Automation Market Analysis

Type (Automated Dispensing Systems, Conveyor Systems)

The conveyor systems segment is estimated to account for 60% share of the global central fill pharmacy automation market in the year 2037. Conveyor systems are continually advancing, integrating cutting-edge technology such as robotics and sophisticated tracking systems. This enhances their efficiency, adaptability, and compatibility with evolving pharmacy automation needs. Technological progress is a significant driver of adoption, as pharmacies seek the most advanced and effective solutions. The global pharmacy automation industry was valued at nearly USD 3.6 billion in 2019. As the world emphasizes environmental sustainability, conveyor systems contribute by reducing the need for excess packaging and manual handling. Automation minimizes waste generation, a key environmental concern. Pharmacies that prioritize sustainability align with the global commitment to eco-friendly practices.

End User (Pharmacists, Pharmacy Technicians, Patients)

Central fill pharmacy automation market from the patients segment is expected to garner a significant share in the year 2037. Patients are increasingly concerned about environmental sustainability. Automation in central fill pharmacies contributes to sustainability by reducing the need for excess packaging and minimizing waste. Patients appreciate environmentally responsible practices in healthcare. A survey found that 66% of respondents were willing to pay more for products and services from companies committed to positive environmental and social impact. Automation systems in central fill pharmacies free up pharmacists and healthcare staff to spend more time on patient counseling and education. Patients benefit from personalized guidance on medication usage, potential side effects, and lifestyle adjustments. Enhanced counseling leads to better patient understanding and overall health outcomes.

Our in-depth analysis of the global market includes the following segments:

           Type

  • Automated Dispensing Systems
  • Conveyor Systems

 

   

           End User

  • Pharmacists
  • Pharmacy Technicians
  • Patients
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 5392
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of central fill pharmacy automation is evaluated at USD 745.84 million.

The central fill pharmacy automation market size was over USD 684.51 million in 2024 and is set to exceed USD 2.72 billion by the end of 2037, witnessing over 11.2% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for healthcare sector will impel the market growth.

North America industry is expected to account for largest revenue share 40% by 2037, impelled by increasing prescription volume in the region.

The major players in the market are Omnicell, Inc., McKesson Corporation, Swisslog Healthcare, ScriptPro LLC, Innovation Associates, Inc., Parata Systems, and others.
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