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Global Pharmacy Automation Systems Market is expected to grow at a CAGR of around 9 7% between 2024-31- Pheonix Research
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High Speed Pill and Tablet Counters Market by Consumption Volume, Rising Trends and Growth Forecast to 2027
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Research and Markets: Global Pharmacy Automation Market Report 2021: Industry Trends, Share, Size, Growth, Opportunity and Forecast, 2015-2020 & 2021-2026
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The pharmacy automation equipment market was valued at US$ 4,984.70 million in 2020 and is projected to reach US$ 9,195.36 million by 2028; it is expected to grow at a CAGR of 8.0% from 2021 to 2028.
Increasing errors in medication and growing demand for healthcare services are among the major factors fueling the market growth. Moreover, technological developments and integration of artificial intelligence (AI) are expected to foster the market growth during the forecast period. However, the problems associated with automated dispensing systems such as regular software update and high system maintenance requirements hinder the growth of the pharmacy automation equipment market. Additionally, APAC countries are witnessing rise in the demand for pharmacy automation equipment products. The Indian pharmaceutical industry is likely to expedite the adoption of digitization and automation in manufacturing and supp
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