Russia Pharmacy Automation Devices Market Size & Outlook
Russia pharmacy automation devices market, 2018-2030 (US$M)
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Russia pharmacy automation devices market highlights
- The Russia pharmacy automation devices market generated a revenue of USD 102.3 million in 2023 and is expected to reach USD 189.1 million by 2030.
- The Russia market is expected to grow at a CAGR of 9.2% 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 102.3 million |
| Market revenue in 2030 | USD 189.1 million |
| Growth rate | 9.2% (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, Russia accounted for 1.7% 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 Europe, UK pharmacy automation devices market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 314.5 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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Russia 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 26% in 2023. Horizon Databook has segmented the Russia 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.
The Russian healthcare system is well-maintained and established in bigger cities such as Moscow. However, poor access and lack of proper infrastructure in other cities hampers access to medical services in Russia.
Increasing number of medication errors, rising prevalence of chronic diseases, and growing geriatric population is boosting the demand for automated drug dispensing systems in pharmacies for patient centric care.
This, in turn, is driving the overall market in the country. In addition, the implementation of various government policies to make quality healthcare facilities accessible to all and utilization of robots for maximizing dispensing prescriptions & medical storage are factors further anticipated to drive the market.
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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 Russia pharmacy automation devices market , including forecasts for subscribers. This country databook contains high-level insights into Russia pharmacy automation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia pharmacy automation devices market size, by product, 2018-2030 (US$M)
Russia Pharmacy Automation Devices Market Outlook Share, 2023 & 2030 (US$M)
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