Global Pharmacy Automation Market Size (2024 - 2029)

The pharmacy automation market is projected to experience significant growth over the forecast period, driven by the increasing demand for efficient medication dispensing solutions and the need to reduce medication errors. The market's expansion is further supported by the decentralization of pharmacies and the rising incidence of chronic diseases, which necessitate effective therapeutic interventions. Technological advancements and the implementation of automated systems are enhancing operational efficiency and patient safety, making pharmacies more competitive. However, the adoption of automation in underdeveloped and developing regions may face challenges, potentially hindering overall market growth.

Pharmacy Automation Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Pharmacy Automation Market Size

Pharmacy Automation Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 6.61 Billion
Market Size (2029) USD 10.04 Billion
CAGR (2024 - 2029) 8.71 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Pharmacy Automation Market Major Players

*Disclaimer: Major Players sorted in no particular order

Pharmacy Automation Market Analysis

The Global Pharmacy Automation Market size is estimated at USD 6.61 billion in 2024, and is expected to reach USD 10.04 billion by 2029, growing at a CAGR of 8.71% during the forecast period (2024-2029).

The factors driving the growth of the market are the increasing demand for specialty drug prescription filling solutions, the rising need to minimize medication errors, and the decentralization of pharmacies. There has been a rising incidence of chronic and life-threatening diseases and an increasing dispense of medications. For instance, an article updated by StatPearls in February 2024 reported that globally, medication-related errors account for 5% to 41.3% of all hospital admissions and lead to 22% of readmissions post-discharge. Patients prescribed five or more medications experience a 30% higher incidence of these errors, while those aged 75 and older observe a 38% increase. Hence, hospitals and pharmacies are adopting new pharmacy automation technologies to reduce operating costs while improving patient safety.

In addition, the increasing geriatric population in Japan is contributing to market growth. For instance, the 2023 statistics published by the Ministry of Internal Affairs and Communications reported that in Japan, the population aged 65 years and over was 36.22 million in 2023, and the population aged 75 years and over was reported to be 19.97 million in 2023. Geriatric people are more prone to developing chronic diseases such as cardiovascular diseases and neurological disorders, which can raise the demand for effective therapeutics, further accelerate the need for medications, and drive the need for pharmacy automation.

Moreover, pharmacy automation systems offer numerous advantages to patients, pharmacies, and essential healthcare professionals. These automated systems enhance safety and cost-effectiveness and streamline pharmacy operations through improved data workflows. Such technological advancements have enabled pharmacies to stay competitive in a swiftly changing industry, benefiting patients and doctors in multiple ways. Therefore, the rising need to minimize medication errors, the more significant geriatric population, and the advantages of these pharmacy automation systems likely boost the market growth during the forecast period. However, a slight redundancy in the adoption of automation in pharmacies in underdeveloped and developing regions will likely impede market growth during the forecast period.

Pharmacy Automation Industry Segmentation

As per the scope of this report, pharmacy automation encompasses centralized or decentralized automated dispensing, packing, labeling, and other systems, which help reduce dispensing errors while improving the workflow efficiency of hospital nursing staff and pharmacies.

The pharmacy automation market is segmented by product, end user, and geography. By product, the market is segmented into automated medication dispensing systems, automated packaging and labeling systems, automated table-top counters, automated storage and retrieval systems, and other products. By end user, the market is segmented into hospital pharmacies and retail pharmacies. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (USD) for the above segments.

By Product
Automated Medication Dispensing Systems
Automated Packaging and Labeling Systems
Automated Table-top Counters
Automated Storage and Retrieval Systems
Other Products
By End User
Hospital Pharmacies
Retail Pharmacies
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Global Pharmacy Automation Market Size Summary

The pharmacy automation market is poised for substantial growth over the forecast period, driven by the increasing demand for efficient and error-reducing solutions in medication dispensing and management. The COVID-19 pandemic has accelerated the adoption of automated systems, highlighting their role in enhancing healthcare access and safety, particularly in underserved regions. The market is characterized by the integration of advanced technologies that streamline pharmacy operations, reduce labor costs, and improve patient outcomes. Factors such as the rising incidence of chronic diseases, the need for specialty drug prescription solutions, and the decentralization of pharmacies are contributing to the market's expansion. Additionally, the growing geriatric population, particularly in regions like Japan, is further fueling the demand for pharmacy automation as it addresses the complexities of managing chronic conditions and medication adherence.

North America holds a significant share of the pharmacy automation market, supported by the prevalence of chronic disorders and technological advancements spearheaded by key market players. The region's growth is bolstered by strategic acquisitions and product launches aimed at enhancing pharmacy fulfillment and automation capabilities. The market is highly competitive and fragmented, with major players like Omnicell Inc., Becton, Dickinson and Company, and Capsa Solutions LLC leading the charge in innovation and expansion. These companies are actively developing and deploying automated systems that improve medication safety, streamline inventory management, and optimize pharmacy operations. Despite challenges in adoption in developing regions, the overall market trajectory remains positive, with automated medication dispensing systems expected to witness significant growth due to their ability to enhance patient safety and operational efficiency.

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Global Pharmacy Automation Market Size - Table of Contents

1. MARKET DYNAMICS

  • 1.1 Market Overview
  • 1.2 Market Drivers
    • 1.2.1 Increasing Demand for Specialty Drug Prescription Filling Solutions
    • 1.2.2 Rising Need to Minimize Medication Errors
    • 1.2.3 Decentralization of Pharmacies
  • 1.3 Market Restraints
    • 1.3.1 Reluctance to Adopt Pharmacy Automation Systems
  • 1.4 Porter's Five Forces Analysis
    • 1.4.1 Threat of New Entrants
    • 1.4.2 Bargaining Power of Buyers/Consumers
    • 1.4.3 Bargaining Power of Suppliers
    • 1.4.4 Threat of Substitute Products
    • 1.4.5 Intensity of Competitive Rivalry

2. MARKET SEGMENTATION (Market Size - Value in USD)

  • 2.1 By Product
    • 2.1.1 Automated Medication Dispensing Systems
    • 2.1.2 Automated Packaging and Labeling Systems
    • 2.1.3 Automated Table-top Counters
    • 2.1.4 Automated Storage and Retrieval Systems
    • 2.1.5 Other Products
  • 2.2 By End User
    • 2.2.1 Hospital Pharmacies
    • 2.2.2 Retail Pharmacies
  • 2.3 By Geography
    • 2.3.1 North America
    • 2.3.1.1 United States
    • 2.3.1.2 Canada
    • 2.3.1.3 Mexico
    • 2.3.2 Europe
    • 2.3.2.1 Germany
    • 2.3.2.2 United Kingdom
    • 2.3.2.3 France
    • 2.3.2.4 Italy
    • 2.3.2.5 Spain
    • 2.3.2.6 Rest of Europe
    • 2.3.3 Asia-Pacific
    • 2.3.3.1 China
    • 2.3.3.2 Japan
    • 2.3.3.3 India
    • 2.3.3.4 Australia
    • 2.3.3.5 South Korea
    • 2.3.3.6 Rest of Asia-Pacific
    • 2.3.4 Middle East and Africa
    • 2.3.4.1 GCC
    • 2.3.4.2 South Africa
    • 2.3.4.3 Rest of Middle East and Africa
    • 2.3.5 South America
    • 2.3.5.1 Brazil
    • 2.3.5.2 Argentina
    • 2.3.5.3 Rest of South America

Pharmacy Automation Market Research FAQs

How big is the Global Pharmacy Automation Market?

The Global Pharmacy Automation Market size is expected to reach USD 7.19 billion in 2025 and grow at a CAGR of 8.71% to reach USD 10.91 billion by 2030..

What is the current Global Pharmacy Automation Market size?

In 2025, the Global Pharmacy Automation Market size is expected to reach USD 7.19 billion.