North America pharmacy automation systems market is projected to grow by 8.5% annually in the forecast period and reach $5.79 billion by 2032, driven by the growing need to minimize medication errors and reduce healthcare costs, improved efficiency of the pharmacy systems, the rising incidence of diseases such as cancer and cardiac disorders, technological advancements for workflow optimization, and the increasing healthcare spending.
Highlighted with 28 tables and 49 figures, this 114-page report "North America Pharmacy Automation Systems Market 2022-2032 by Product Type (Medication Dispensing Systems, Storage and Retrieval Systems, Packaging and Labeling Systems, Table-top Tablet Counters, Drug Compounding Devices), End User (Hospital Pharmacies, Retail Pharmacies, PBMOs, Others), Distribution (OEMs, Aftermarket), and Country: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire North America pharmacy automation systems market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America pharmacy automation systems market in every aspect of the classification from perspectives of Product Type, End User, Distribution, and Country.
Based on Product Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Automated Medication Dispensing Systems
o by Operation (Centralized Systems, Decentralized Systems)
o by type (Robots/Robotic Automated Dispensing Systems, Carousels, and Automated Dispensing Cabinets (ADCs)
• Automated Storage and Retrieval Systems
• Automated Packaging and Labeling Systems
o Unit-Dose Packaging & Labeling Systems
o Multi-Dose Packaging & Labeling Systems
• Table-top Tablet Counters
• Automated Drug Compounding Devices
o Compounding Systems for Solid Formulation
o Compounding Systems for Liquid Formulation
o Compounding Systems for Other Formulations
• Other Product Types
Based on End User, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hospital Pharmacies
o Hospital Inpatient Pharmacy
o Hospital Outpatient Pharmacy
• Retail Pharmacies
o Retail Chain Pharmacies
o Independent Drug Stores
• Pharmacy Benefit Management Organizations (PBMOs)
• Other End Users
By Distribution, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• OEMs
• Aftermarket Channels
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Product Type, End User, and Distribution over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Accu-Chart Plus Healthcare Systems, Inc.
Aesynt, Inc.
Amerisouce Bergen Corporation
ARxIUM, Inc.
Baxter International Inc.
Becton Dickinson and Company
Capsa Healthcare, LLC
Cerner Corporation
Health Robotics S.R.L.
iA
McKesson Corporation
Medacist Solutions Group, LLC
Omnicell Inc.
Parata Systems LLC
Pearson Medical Technologies
RxSafe LLC
ScriptPro LLC
Swisslog Holdings AG
Talyst, LLC
TCGRx Pharmacy Workflow Solutions
Yuyama Co., Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 22
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 24
2.2 Major Growth Drivers 28
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter's Fiver Forces Analysis 40
3 Segmentation of North America Market by Product Type 44
3.1 Market Overview by Product Type 44
3.2 Automated Medication Dispensing Systems 46
3.2.1 Analysis of Automated Medication Dispensing Systems by Operation 47
3.2.1.1 Centralized Systems 48
3.2.1.2 Decentralized Systems 49
3.2.2 Analysis of Automated Medication Dispensing Systems by Type 50
3.2.2.1 Robots/Robotic Automated Dispensing Systems 51
3.2.2.2 Carousels 52
3.2.2.3 Automated Dispensing Cabinets (ADCs) 53
3.3 Automated Storage and Retrieval Systems 54
3.4 Automated Packaging and Labeling Systems 55
3.4.1 Unit-Dose Packaging & Labeling Systems 56
3.4.2 Multi-Dose Packaging & Labeling Systems 57
3.5 Table-top Tablet Counters 58
3.6 Automated Drug Compounding Devices 59
3.6.1 Compounding Systems for Solid Formulation 60
3.6.2 Compounding Systems for Liquid Formulation 61
3.6.3 Compounding Systems for Other Formulations 62
3.7 Other Product Types 63
4 Segmentation of North America Market by End User 64
4.1 Market Overview by End User 64
4.2 Hospital Pharmacies 66
4.2.1 Hospital Inpatient Pharmacy 67
4.2.2 Hospital Outpatient Pharmacy 68
4.3 Retail Pharmacies 69
4.3.1 Retail Chain Pharmacies 70
4.3.2 Independent Drug Stores 71
4.4 Pharmacy Benefit Management Organizations (PBMOs) 72
4.5 Other End Users 73
5 Segmentation of North America Market by Distribution 74
5.1 Market Overview by Distribution 74
5.2 OEMs 76
5.3 Aftermarket Channels 77
6 North America Market 2022-2032 by Country 78
6.1 Overview of North America Market 78
6.2 U.S. 81
6.3 Canada 84
6.4 Mexico 86
7 Competitive Landscape 88
7.1 Overview of Key Vendors 88
7.2 New Product Launch, Partnership, Investment, and M&A 91
7.3 Company Profiles 92
Accu-Chart Plus Healthcare Systems, Inc. 92
Aesynt, Inc. 94
Amerisouce Bergen Corporation 95
ARxIUM, Inc. 96
Baxter International Inc. 97
Becton Dickinson and Company 98
Capsa Healthcare, LLC 99
Cerner Corporation 100
Health Robotics S.R.L. 101
iA 102
McKesson Corporation 103
Medacist Solutions Group, LLC 104
Omnicell Inc. 105
Parata Systems LLC 106
Pearson Medical Technologies 107
RxSafe LLC 108
ScriptPro LLC 109
Swisslog Holdings AG 110
Talyst, LLC 111
TCGRx Pharmacy Workflow Solutions 112
Yuyama Co., Ltd. 113
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