Global Central Fill Pharmacy Automation Market Size, Trends, By Product and Services (Equipment and Software), By Vendor (Equipment Vendor and Consulting Vendor), By Application (Inpatient Pharmacy and Outpatient Pharmacy), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030
Global Central Fill Pharmacy Automation Market
The Global Central Fill Pharmacy Automation Market was valued at US$ 558.3 Mn in 2022, estimated to reach US$ 1,429.80 Mn by 2030, with a CAGR of 11.69% from 2023-2030.
Computer-controlled systems known as central fill pharmacy automation systems count, package, and fill large amounts of prescriptions that are electronically received from connected branches that are centrally situated on a continuous cycle. Instead of from separate pharmacy locations, a third-party partner offering central fill as a service fills and distributes prescription medications for a small or medium retail pharmacy chain from a single location.
After the prescription has been chosen, the vendor completes the dispensing procedures and delivers the prescription to the pharmacy locations or directly to the patient. Labeling, dispensing, imaging, capping, verifying, packaging, and sorting/mailing are the seven essential steps.
Market Drivers
The primary driver of demand for the worldwide central fill pharmacy automation market is the increase in the dispensing of specialty medications. Additionally, it is predicted that the global market will be dominated by the need to decrease medication errors and the expansion of the patient base.
Furthermore, the market potential for central fill pharmacy automation is another factor propelling market growth in the coming years. The global central fill pharmacy automation market is anticipated to experience growth because of accelerated technical advancements and rising R&D spending.
Market Restraints
The central fill pharmacy automation market is expected to see growth restrictions because of costly initial capital expenditures and the management of logistics, but it may also face challenges due to a shortage of experienced workers.
Market Segmentation
The scope of the Global Central Fill Pharmacy Automation Market covers segmentation based on Product and Services, Vendor, Application, and Region.
Based on Product and Services, the market is divided into Equipment and Software.
Based on Vendor, the market is classified into Equipment Vendor and Consulting Vendor.
Based on Application, the market is segmented into Inpatient Pharmacy and Outpatient Pharmacy.
Regional Analysis
The Global Central Fill Pharmacy Automation Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
North America is estimated to hold the largest market share in the coming years, due to the large number of elderly and obese patients in the United States who desire the central fill pharmacy model due to its benefits. Additionally, a rise in the number of medication errors attributable to human intervention in the distribution of specialty medications has led to a sharp increase in the demand for the United States to concentrate on offering value-based care to patients.
Additionally, the demand in the North American central fill pharmacy market is being driven by a rise in the adoption of automated systems due to lower labor costs for filling, packaging, and labeling along with improved compounding and dispensing.
Key Players
ARxIUM, RxSafe, LLC, Omnicell, Inc., Tension Packaging & Automation., Parata Systems, LLC, Providen Logistics Ltd., Mckesson Corporation, ScriptPro LLC, KUKA AG, and Quality Manufacturing Systems, Inc.
Market Taxonomy
By Product and Services
• Equipment
• Software
By Vendor
• Equipment Vendor
• Consulting Vendor
By Application
• Inpatient Pharmacy
• Outpatient Pharmacy
By Region
• North America
• U.S.
• Canada
• Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
• Germany
• France
• UK
• Russia
• Italy
• Spain
• Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Bonsai Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Central Fill Pharmacy Automation Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Central Fill Pharmacy Automation Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Central Fill Pharmacy Automation Market, By Product and Services
5.1 Y-o-Y Growth Comparison, By Vendor and Services
5.2 Global Central Fill Pharmacy Automation Market Share Analysis, By Product and Services
5.3 Global Central Fill Pharmacy Automation Market Size and Forecast, By Product and Services
5.3.1 Clinical Data Analytics
5.3.2 Financial Data Analytics
5.3.3 Administrative Data Analytics
5.3.4 Research Data Analytics
6 Global Central Fill Pharmacy Automation Market, By Vendor
6.1 Y-o-Y Growth Comparison, By Vendor
6.2 Global Central Fill Pharmacy Automation Market Share Analysis, By Vendor
6.3 Global Central Fill Pharmacy Automation Market Size and Forecast, By Vendor
6.3.1 Hardware
6.3.2 Software and Services
7 Global Central Fill Pharmacy Automation Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Central Fill Pharmacy Automation Market Share Analysis, By Application
7.3 Global Central Fill Pharmacy Automation Market Size and Forecast, By Application
7.3.1 On-premise
7.2.2 Cloud-based
8 Global Central Fill Pharmacy Automation Market, By Region
8.1 Global Central Fill Pharmacy Automation Market Share Analysis, By Region
8.2 Global Central Fill Pharmacy Automation Market Size and Forecast, By Region
8.3 Global Central Fill Pharmacy Automation Market Trends and Forecast, By Region
9 North America Central Fill Pharmacy Automation Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Central Fill Pharmacy Automation Market Share Analysis, By Product and Services
9.3 North America Central Fill Pharmacy Automation Market Size and Forecast, By Vendor
9.4 North America Central Fill Pharmacy Automation Market Size and Forecast, By Application
9.5 North America Central Fill Pharmacy Automation Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1 Market Size and Forecast, By Product and Services
9.5.1.2 Market Size and Forecast, By Vendor
9.5.1.3 Market Size and Forecast, By Application
9.5.2 Canada
9.5.2.1 Market Size and Forecast, By Product and Services
9.5.2.2 Market Size and Forecast, By Vendor
9.5.2.3 Market Size and Forecast, By Application
9.5.3 Mexico
9.5.3.1 Market Size and Forecast, By Product and Services
9.5.3.2 Market Size and Forecast, By Vendor
9.5.3.3 Market Size and Forecast, By Application
10 Europe Central Fill Pharmacy Automation Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Central Fill Pharmacy Automation Market Share Analysis, By Product and Services
10.3 Europe Central Fill Pharmacy Automation Market Size and Forecast, By Vendor
10.4 Europe Central Fill Pharmacy Automation Market Size and Forecast, By Application
10.5 Europe Central Fill Pharmacy Automation Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1 Market Size and Forecast, By Product and Services
10.5.1.2 Market Size and Forecast, By Vendor
10.5.1.3 Market Size and Forecast, By Application
10.5.2 France
10.5.2.1 Market Size and Forecast, By Product and Services
10.5.2.2 Market Size and Forecast, By Vendor
10.5.2.3 Market Size and Forecast, By Application
10.5.3 UK
10.5.3.1 Market Size and Forecast, By Product and Services
10.5.3.2 Market Size and Forecast, By Vendor
10.5.3.3 Market Size and Forecast, By Application
10.5.4. Russia
10.5.4.1 Market Size and Forecast, By Product and Services
10.5.4.2 Market Size and Forecast, By Vendor
10.5.4.3 Market Size and Forecast, By Application
10.5.5. Italy
10.5.5.1 Market Size and Forecast, By Product and Services
10.5.5.2 Market Size and Forecast, By Vendor
10.5.5.3 Market Size and Forecast, By Application
10.5.6 Spain
10.5.6.1 Market Size and Forecast, By Product and Services
10.5.6.2 Market Size and Forecast, By Vendor
10.5.6.3 Market Size and Forecast, By Application
10.5.7 Rest of Europe
10.5.7.1 Market Size and Forecast, By Product and Services
10.5.7.2 Market Size and Forecast, By Vendor
10.5.7.3 Market Size and Forecast, By Application
11 Asia Pacific Central Fill Pharmacy Automation Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Central Fill Pharmacy Automation Market Share Analysis, By Product and Services
11.3 Asia Pacific Central Fill Pharmacy Automation Market Size and Forecast, By Vendor
11.4 Asia Pacific Central Fill Pharmacy Automation Market Size and Forecast, By Application
11.5 Asia Pacific Central Fill Pharmacy Automation Market Size and Forecast, By Country
11.5.1 China
11.5.1.1 Market Size and Forecast, By Product and Services
11.5.1.2 Market Size and Forecast, By Vendor
11.5.1.3 Market Size and Forecast, By Application
11.5.2 Japan
11.5.2.1 Market Size and Forecast, By Product and Services
11.5.2.2 Market Size and Forecast, By Vendor
11.5.2.3 Market Size and Forecast, By Application
11.5.3 India
11.5.3.1 Market Size and Forecast, By Product and Services
11.5.3.2 Market Size and Forecast, By Vendor
11.5.3.3 Market Size and Forecast, By Application
11.5.4. South Korea
11.5.4.1 Market Size and Forecast, By Product and Services
11.5.4.2 Market Size and Forecast, By Vendor
11.5.4.3 Market Size and Forecast, By Application
11.5.5. Australia
11.5.5.1 Market Size and Forecast, By Vendor and Services
11.5.5.2 Market Size and Forecast, By Vendor
11.5.5.3 Market Size and Forecast, By Application
11.5.6. New Zealand
11.5.6.1 Market Size and Forecast, By Product and Services
11.5.6.2 Market Size and Forecast, By Vendor
11.5.6.3 Market Size and Forecast, By Application
11.5.7 Singapore
11.5.7.1 Market Size and Forecast, By Product and Services
11.5.7.2 Market Size and Forecast, By Vendor
11.5.7.3 Market Size and Forecast, By Application
11.5.8. Malaysia
11.5.8.1 Market Size and Forecast, By Vendor and Services
11.5.8.2 Market Size and Forecast, By Vendor
11.5.8.3 Market Size and Forecast, By Application
11.5.9 Rest of Asia
11.5.9.1 Market Size and Forecast, By Product and Services
11.5.9.2 Market Size and Forecast, By Vendor
11.5.9.3 Market Size and Forecast, By Application
12 Latin America Central Fill Pharmacy Automation Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Central Fill Pharmacy Automation Market Share Analysis, By Product and Services
12.3 Latin America Central Fill Pharmacy Automation Market Size and Forecast, By Vendor
12.4 Latin America Central Fill Pharmacy Automation Market Size and Forecast, By Application
12.5 Latin America Central Fill Pharmacy Automation Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1 Market Size and Forecast, By Product and Services
12.5.1.2 Market Size and Forecast, By Vendor
12.5.1.3 Market Size and Forecast, By Application
12.5.2 Argentina
12.5.2.1 Market Size and Forecast, By Product and Services
12.5.2.2 Market Size and Forecast, By Vendor
12.5.2.3 Market Size and Forecast, By Application
12.5.3. Colombia
12.5.3.1 Market Size and Forecast, By Product and Services
12.5.3.2 Market Size and Forecast, By Vendor
12.5.3.3 Market Size and Forecast, By Application
12.5.4. Peru
12.5.4.1 Market Size and Forecast, By Product and Services
12.5.4.2 Market Size and Forecast, By Vendor
12.5.4.3 Market Size and Forecast, By Application
12.5.5 Chile
12.5.5.1 Market Size and Forecast, By Product and Services
12.5.5.2 Market Size and Forecast, By Vendor
12.5.5.3 Market Size and Forecast, By Application
12.5.6 Venezuela
12.5.6.1 Market Size and Forecast, By Product and Services
12.5.6.2 Market Size and Forecast, By Vendor
12.5.6.3 Market Size and Forecast, By Application
12.5.7 Rest of Latin America
12.5.7.1 Market Size and Forecast, By Product and Services
12.5.7.2 Market Size and Forecast, By Vendor
12.5.7.3 Market Size and Forecast, By Application
13 Middle East Central Fill Pharmacy Automation Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Central Fill Pharmacy Automation Market Share Analysis, By Product and Services
13.3 Middle East Central Fill Pharmacy Automation Market Size and Forecast, By Vendor
13.4 Middle East Central Fill Pharmacy Automation Market Size and Forecast, By Application
13.5 Middle East Central Fill Pharmacy Automation Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.1.1 Market Size and Forecast, By Product and Services
13.5.1.2 Market Size and Forecast, By Vendor
13.5.1.3 Market Size and Forecast, By Application
13.5.2 UAE
13.5.2.1 Market Size and Forecast, By Product and Services
13.5.2.2 Market Size and Forecast, By Vendor
13.5.2.3 Market Size and Forecast, By Application
13.5.3 Egypt
13.5.3.1 Market Size and Forecast, By Product and Services
13.5.3.2 Market Size and Forecast, By Vendor
13.5.3.3 Market Size and Forecast, By Application
13.5.4 Kuwait
13.5.4.1 Market Size and Forecast, By Product and Services
13.5.4.2 Market Size and Forecast, By Vendor
13.5.4.3 Market Size and Forecast, By Application
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Product and Services
13.5.5.2 Market Size and Forecast, By Vendor
13.5.5.3 Market Size and Forecast, By Application
13.5.5 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Product and Services
13.5.6.2 Market Size and Forecast, By Vendor
13.5.6.3 Market Size and Forecast, By Application
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 ARxIUM
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 RxSafe, LLC
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Omnicell, Inc.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Tension Packaging & Automation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Parata Systems, LLC,
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Providen Logistics Ltd
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Mckesson Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 ScriptPro LLC
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 KUKA AG
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
