The global pharmacy automation market size was USD 5.41 Billion in 2021 and is expected to register a steady revenue CAGR of 8.3% during the forecast period, according to latest analysis by Emergen Research. Rising need for reducing errors in medication, technological advancement in pharmacy and medical sectors, increasing adoption of robots in pharmaceutical industries, and government initiatives for vaccine and drug dispensing are key factors driving t market growth revenue.
The global Pharmacy Automation market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Pharmacy Automation market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Emergen Research has segmented the global Pharmacy Automation market on the basis of type, type of care, and region
Segments Covered in this report are:
Mode of Automation Outlook (Revenue, USD Billion; 2019-2030)
Fully-automatic
Semi-automatic
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Hospital Pharmacies
Retail Pharmacies
Others
Regional Outlook (Revenue, USD Billion; 2019–2030)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
Rest of Middle East & Africa
In conclusion, the Pharmacy Automation Market report is an exhaustive database that will help readers formulate lucrative strategies. The Pharmacy Automation Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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