Overview:
The global central fill pharmacy automation market is estimated to be valued at US$ 416.06 Mn in 2022, and is expected to exhibit a CAGR of 12.2% over the forecast period (2022-2030). Central fill pharmacy automation systems have become a popular way to count, fill large amount of prescriptions as well as packaging that connected branches send electronically. These connected branches can be located centrally on a non-stop cycle. When a third-party provider of central fill as a service is involved, the dispensing procedures till the delivery of prescription to the pharmacy locations or even to the patients directly is completed by the vendor, when the prescription is finalized. The computer-controlled device, central fill pharmacy automation systems help in various tasks of prescription deliveries.
Global central fill pharmacy automation market is anticipated to show a CAGR of 12.2% over the forecast period (2022-2030).
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Market Drivers:
Players in the market are increasingly adopting various inorganic growth strategies such as acquisition and agreements, and this is expected to augment growth of the global central fill pharmacy automation market during the forecast period. For instance, in February 2022, a leading company who develops and delivers new products, Capsa Healthcare acquired Humanscale Healthcare, a leading manufacturer and designer of computing workstations and flexible technology solutions.
Moreover, growing focus of market players on approval and launch of new products is also anticipated to fuel growth of the global central fill pharmacy automation market during the forecast period. For instance, Cardinal Health, in July 2021 introduced NavixRx Compliance Packaging and E-commerce, two novel solutions for helping independent pharmacies cater consumer demand and offer convenient and personalized on-demand services.
Impact of COVID-19:
The outbreak of coronavirus in China impacted many industries around the world. It spread across more than 100 countries due to which many nations imposed preventative lockdown measures. During this period, various market activities such as manufacturing, supply chains and distribution were disrupted all over the world. However, the central fill pharmacy automation market was positively impacted by the pandemic, as the benefits of COVID-19 vaccine distribution increased.
Regional Analysis:
Among regions, North America is anticipated to witness substantial growth in the global central fill pharmacy automation market during the forecast period. This growth can be due to rise in agreements by market players in the region. For instance, in December 2021, Omnicell, and ReCept Holdings, Inc. entered into an agreement for clinics, physician groups and health systems.
Key Players:
Key players functioning in the global central fill pharmacy automation market are Yuyama USA, Omnicell, Catalyst Healthcare Ltd., ScriptPro, Noritsu, Parata Systems, Cardinal Health, Capsa Healthcare, ARxIUM, Quality Manufacturing Systems, Inc., Cornerstone Automation Systems, LLC, RxSafe, LLC, Tension Packaging & Automation, and McKesson Corporation.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Central Fill Pharmacy Automation Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Central Fill Pharmacy Automation Industry Impact
Chapter 2 Global Central Fill Pharmacy Automation Competition by Types, Applications, and Top Regions and Countries
2.1 Global Central Fill Pharmacy Automation (Volume and Value) by Type
2.3 Global Central Fill Pharmacy Automation (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Central Fill Pharmacy Automation Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Central Fill Pharmacy Automation Market Analysis
Chapter 6 East Asia Central Fill Pharmacy Automation Market Analysis
Chapter 7 Europe Central Fill Pharmacy Automation Market Analysis
Chapter 8 South Asia Central Fill Pharmacy Automation Market Analysis
Chapter 9 Southeast Asia Central Fill Pharmacy Automation Market Analysis
Chapter 10 Middle East Central Fill Pharmacy Automation Market Analysis
Chapter 11 Africa Central Fill Pharmacy Automation Market Analysis
Chapter 12 Oceania Central Fill Pharmacy Automation Market Analysis
Chapter 13 South America Central Fill Pharmacy Automation Market Analysis
Chapter 14 Company Profiles and Key Figures in Central Fill Pharmacy Automation Business
Chapter 15 Global Central Fill Pharmacy Automation Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology
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