Top Companies in Pharmacy Automation Market | Key Companies Forecast Research Report 2028 | Size, Share, Future scope, Growth analysis

Market Overview

The Global Pharmacy Automation Market is valued at USD 5,192.5 Million in the year 2021 and is forecasted to reach a value of USD 7,968.9 Million by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 7.4% over the forecast period. Pharmacy Automation refers to the automated process of distributing, sorting, packaging, and counting prescription medications. In the pharmacy, automation is used for a variety of purposes, including boosting efficiency, cutting labor costs, and improving accuracy. When Pharmacy Automation first became popular, pill counting was one of the only ways available. Many additional pieces of automated equipment, such as those for delivering medications, syncing information, and guaranteeing regulatory compliance, are now available.

The COVID-19 outbreak has strengthened the Pharmacy Automation Systems market. A surge in patients around the world, for example, resulted in an instant need for medications everywhere. Furthermore, the market for Pharmacy Automation Systems developed in lockstep with the rise in prescription drug usage. Additionally, the reluctance of healthcare organizations to install Pharmacy Automation systems is expected to impede overall market growth at some point during the forecast period.

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Some of the key players operating in the Pharmacy Automation Market are listed below

1. Becton Dickinson

Becton Dickinson is an American multinational company established in the year 1897. The Company headquarters is in New Jersey, USA. The company focuses on advancement in the field of medicine. The firm usually collaborates with different organizations to address global health issues.

2. Cerner Corporation

Cerner Corporation was established in the year 1979 in Missouri, United States. The company is a supplier of various health care information technology solutions that are the supplier of health care information technology solutions that optimize clinical outcomes. 

3. Parata Systems LLC

Founded in 2001 and headquartered in North Carolina, United States, Parata systems is engaged in handling and distribution of medications it mainly deals with designing building and supporting vial filling and pouch packaging solutions. Parata Systems offer the most comprehensive Pharmacy Automation portfolio with adherence packaging, high-speed dispensing, and workflow solutions.

4. ScriptPro LLC (U.S.)

ScriptPro LLC (U.S.) was founded in 1994 and is an American multinational consumer goods firm with headquarters in Kansas, United States. The company operates in Pharmacy Automation solutions. The Company develops and provides robotics-based pharmacy management, workflow, and telepharmacy systems to its clientele.

5. PVA Precision Valve & Automation

Founded in 1992, and headquartered in New York, United States, PVAPrecision Valve & Automation is a company that specializes in repeatable dispensing and conformal coating systems. PVA Precision Valve & Automation is the supplier of innovative fluid dispensing solutions that remain at the forefront of motion and application technology.

6. KUKA AG (Germany)

KUKA Aktiengesellschaft was founded in 1898 and is headquartered in Augsburg, Germany. The company is one of the world's leading suppliers of robotics as well as plant manufacturing and system technology and a pioneer in Industries. KUKA is a German company that makes industrial robots and factory automation solutions. Since 2016, it has been primarily owned by the Chinese business Media Group.

7. RxSafe LLC (U.S.)

RxSafe LLC (U.S.) was established in 2008 and is headquartered in California, United States. RxSafe's Pharmacy Automation systems ensure safe, secure, and accurate storage and retrieval of Inventory. The Company offers complete automated systems and services for retail pharmacies, LTC facilities, and hospitals.

8. ARxIUM Inc. (U.S.)

ARxIUM was established in 2015 and is headquartered in Illinois, United States. ARxIUM is an industry-leading developer of reliable Pharmacy Automation & workflow solutions. From the hardware that does the heavy lifting to the software that acts as the brains behind the entire operation, ARxIUM offers a comprehensive catalog of Pharmacy Automation solutions to streamline the functions of the health system.

9. Talyst Systems LLC (U.S.)

Talyst Systems LLC was founded in the year 2015. The Company headquarters are in Kirkland, Washington, United States The company's line of business includes the wholesale distribution of surgical and other medical instruments, apparatus, and equipment. Talyst has partnered with some of the nation’s largest and most reputable health systems and long-term care pharmacies to bring technological solutions to market that decrease costs, improve patient safety, and improve caregiver and patient lives.

10. Omnicell Inc. (U.S.)

Omnicell, Inc. (U.S.) is an American Multination company founded in 1992 and headquartered in Mountain View, California. Omnicell provides innovative pharmacy and medication management solutions for healthcare professionals and health systems pursuing autonomous pharmacy. Its products are sold under the brand names Omnicell and Enliven Health.

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