Brazil Pharmacy Automation Devices Market Size & Outlook
Brazil pharmacy automation devices market, 2018-2030 (US$M)
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Brazil pharmacy automation devices market highlights
- The Brazil pharmacy automation devices market generated a revenue of USD 106.0 million in 2023 and is expected to reach USD 220.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 11% from 2024 to 2030.
- In terms of segment, medication dispensing systems was the largest revenue generating product in 2023.
- Automated Medication Compounding Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Pharmacy automation devices market data book summary
| Market revenue in 2023 | USD 106.0 million |
| Market revenue in 2030 | USD 220.2 million |
| Growth rate | 11% (CAGR from 2023 to 2030) |
| Largest segment | Medication dispensing systems |
| Fastest growing segment | Automated Medication Compounding Systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
| Key market players worldwide | AmerisourceBergen Drug Corporation, Accu-Chart Plus Healthcare Systems, Omnicell Inc, McKesson Corp, Pearson Medical Technologies, Baxter International Inc, Swisslog, Health Robotics S.R.L, Becton Dickinson & Co, Kirby Lester, Oracle Corp, ARxIUM, Deenova, ScriptPro, Fulcrum Therapeutics, Medacist, IA Medical, TouchPoint Medical |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.8% of the global pharmacy automation devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil pharmacy automation devices market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 220.2 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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Brazil 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 25.47% in 2023. Horizon Databook has segmented the Brazil 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.
Factors such as benefits offered by robots in pharmaceutical manufacturing like accuracy, high speed, ability to track & trace, fewer accidents, error-free operation, & better utilization of the floor space and rise in the demand for personalized packaging configurations are contributing to the growing adoption of pharmacy automation in the country.
In addition, growing demand for pharmacy robots owing to the benefits offered by them in reducing the risk because of environmental contamination and contamination generated from human intervention during component transfer is driving market growth in the country.
Moreover, the ongoing COVID-19 pandemic has led to an increase in the demand for automation, which in turn has resulted in the rise in the overall production because of accuracy and efficiency of robots, with increased speeds while eliminating human error, maintaining quality, and production of less scrap. This, in turn, is positively contributing to market growth.
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Target buyers of Brazil 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 country-level data and insights on the Brazil pharmacy automation devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil pharmacy automation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil pharmacy automation devices market size, by product, 2018-2030 (US$M)
Brazil Pharmacy Automation Devices Market Outlook Share, 2023 & 2030 (US$M)
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