Global Pharmacy Automation Devices Market Size & Outlook
Global pharmacy automation devices market, 2018-2030 (US$M)
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Global pharmacy automation devices market highlights
- The global pharmacy automation devices market generated a revenue of USD 5,993.9 million in 2023 and is expected to reach USD 11,615.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.9% by 2030.
- In terms of segment, medication dispensing systems accounted for a revenue of USD 1,461.2 million in 2023.
- Automated Medication Compounding Systems is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,993.9 million |
| Market revenue in 2030 | USD 11,615.6 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Medication dispensing systems |
| Fastest growing segment | Automated Medication Compounding Systems |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Packaging And Labeling Systems, Storage And Retrieval Systems, Automated Medication Compounding Systems, Tabletop Tablet Counters, Medication Dispensing Systems |
Other key industry trends
- In terms of revenue, the North America accounted for 54.1% of the global pharmacy automation devices market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 5,011.2 million by 2030.
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Pharmacy Automation Devices Market Scope
Pharmacy Automation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global pharmacy automation devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmacy automation devices market will help companies and investors design strategic landscapes.
Medication dispensing systems was the largest segment with a revenue share of 24.38% in 2023. Horizon Databook has segmented the Global pharmacy automation devices market based on packaging and labeling systems, storage and retrieval systems, automated medication compounding systems, tabletop tablet counters, medication dispensing systems covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pharmacy Automation Devices Product Outlook (Revenue, USD Million, 2018-2030)
- Packaging And Labeling Systems
- Storage And Retrieval Systems
- Automated Medication Compounding Systems
- Tabletop Tablet Counters
- Medication Dispensing Systems
- Robots/Robotic Automated Dispensing Systems
- Carousels
- Automated Dispensing Cabinets
- Global Pharmacy Automation Devices End-Use Outlook (Revenue, USD Million, 2018-2030)
- Retail Pharmacy
- Inpatient Pharmacies
- Outpatient Pharmacies
- Pharmacy Benefit Management Organizations and Mail-Order Pharmacies
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Target buyers of Global pharmacy automation devices market databook
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Our clientele includes a mix of pharmacy automation devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global pharmacy automation devices market , including forecasts for subscribers. This global databook contains high-level insights into Global pharmacy automation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pharmacy automation devices market size, by region, 2018-2030 (US$M)
Top 10 countries: Pharmacy automation devices market size, 2023 (US$M)
Global pharmacy automation devices market share, by product, 2023 & 2030 (%, US$M)
Pharmacy automation devices market: Opportunity assessment by country
Global pharmacy automation devices market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 256.6 | 278.4 | 276.4 | 299.2 | 325.3 | 356.1 | 390.7 | 430.3 | 474.7 | 525.2 | 582.5 | 647.9 | 722.5 | 10.5% |
| Europe | 855.4 | 923.7 | 912.7 | 983.2 | 1,064.1 | 1,159.0 | 1,265.9 | 1,387.8 | 1,524.2 | 1,678.5 | 1,853.5 | 2,052.3 | 2,278.6 | 10.0% |
| North America | 2,477.0 | 2,656.7 | 2,607.1 | 2,789.4 | 2,998.2 | 3,243.5 | 3,518.4 | 3,830.5 | 4,177.9 | 4,569.1 | 5,010.5 | 5,509.4 | 6,074.2 | 9.2% |
| MEA | 105.0 | 113.6 | 112.5 | 121.4 | 131.7 | 143.8 | 157.4 | 172.9 | 190.2 | 209.9 | 232.3 | 257.7 | 286.7 | 10.2% |
| Asia Pacific | 776.1 | 844.5 | 840.7 | 912.5 | 994.8 | 1,091.6 | 1,200.9 | 1,325.9 | 1,466.5 | 1,626.4 | 1,808.4 | 2,016.1 | 2,253.6 | 10.7% |
| Overall | 4,470.1 | 4,816.9 | 4,749.5 | 5,105.7 | 5,514.1 | 5,993.9 | 6,533.3 | 7,147.4 | 7,833.6 | 8,609.1 | 9,487.2 | 10,483.4 | 11,615.6 | 9.9% |
Related regional statistics
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