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Global Central Fill Pharmacy Automation Market

Global Central Fill Pharmacy Automation Market

Central Fill Pharmacy Automation Market- Global Industry Size, Share, Trend Analysis and Forecast Report, 2018-2028, Segmented By Products & Services (Equipment (Automated Medication Dispensing Systems, Automated Packaging And Labeling Systems, Integrated Workflow Automation Systems, Automated Tabletop Counters, Automated Medication Compounding Systems, Automated Storage And Retrieval Systems, And Others), Software, Services (Consulting, Work Flow Optimization, Facility Designing, Customer Software Development And Others), By Vendor (Equipment Vendor And Consulting Vendor), By Region (North America, Europe, The Asia-Pacific, The Middle-East & Africa, And Latin America)

  • Published Date: May 2022
  • Report ID: BWC2178
  • Available Format: PDF
  • Page: 215

Report Overview

Global central fill pharmacy automation market is predicted to grow as a result of automation as it enhances the accuracy of filling prescriptions and reduces the overall cost of filling. The expanding incidence of chronic diseases in many regions raised the load on pharmacies, particularly in the United States, which has the highest proportion of obese and elderly people...

Global Central Fill Pharmacy Market - Industry Trends & Forecast Report 2028

The global Central Fill Pharmacy market was worth USD 432.86 million in 2021, registering a strong CAGR during 2018-2021. The market is further expected to reach USD 887.01 million by 2028, thereby exhibiting a CAGR of 11.3% during the forecast period (2022-2028). The central fill pharmacy industry is predicted to grow as a result of automation as it enhances the accuracy of filling prescriptions and reduces the overall cost of filling. The expanding incidence of chronic diseases in many regions raised the load on pharmacies, particularly in the United States, which has the highest proportion of obese and elderly people. Furthermore, central fill pharmacy automation’s popularity is getting increased due to the reduced medication errors and labor costs. Also, specialty medications distributed through central fill pharmacies have opened up new growth opportunities for the market.

Central Fill Pharmacy Market

Central Fill Pharmacy Overview

Central fill pharmacy automation systems are computer-controlled devices that count, package, and fill enormous amounts of prescriptions received electronically from connected branches placed centrally on a continuous cycle. The Central Fill Pharmacy dispenses the medicines, validates, labels, and packages the prescription products in a bag, and precisely labels the bag so that they may be conveniently sorted and distributed to the other branches. Central fill as a service comprises a third-party partner filling and dispensing prescription medications for a small or medium retail pharmacy chain from a central location rather than at individual pharmacy locations. After the prescription has been adjudicated, the vendor performs the dispensing steps until the prescription is delivered to the pharmacy sites or directly to the patient. Labeling, dispensing, imaging, capping, verifying, packing, and sorting/mailing are the seven basic steps.

Global Central Fill Pharmacy Market Trend

Growth Drivers

Rising Geriatric Population Coupled with Chronic Disorder

According to the World Health Organization (WHO), by 2030, one out of every six persons on the planet would be 60 years old or older. The number of people aged 60 and more is expected to rise from 1 billion in 2020 to 1.4 billion by 2050. By 2050, the global population of adults aged 60 and up would have doubled (2.1 billion). Between 2020 and 2050, the number of people aged 80 and more is predicted to triple, reaching 426 million. Aging increases the risk of chronic diseases such as dementias, heart disease, type 2 diabetes, arthritis, and cancer. These are the leading causes of illness, disability, mortality, and health-care costs in the United States. Alzheimer's disease and other dementias become more common as people get older, with persons 65 and older being the most affected. These alarming factors are continually expanding the patient pool, and contribute in the rising demand of central fill pharmacy automation.

Restraints

Adversity to Using Pharmacy Automation Systems Coupled with Lack of Skilled Workforce

Despite the numerous advantages, some healthcare professionals and providers remain suspicious of any IT-based central fill pharmacy automation system. This is especially true when dealing with cultural differences and in developing economies. Many pharmacists believe they do not require assistance and are unwilling to include central fill pharmacy automation technologies into their dispensing practice. Despite the significant advantages of CFPA systems, as seen by their widespread acceptance, only large-volume pharmacies and hospitals have been able to justify the ROI generated by their installation. Physician skepticism, regulatory obstacles, and a shortage of qualified AI workers might all impede the CFPA industry's growth during the forecast period. Inconsistencies in data availability and quality, as well as the vast amount of computer power and energy necessary to evaluate data, are projected to hamper industry expansion in the coming years.

Impact of COVID-19 – Global Central Fill Pharmacy Market

Due to the COVID -19 outbreak, the market has been experiencing a positive impact due to an increasing infection rate from the healthcare workers to the patients and the rising demand for medications across the globe. Therefore, the healthcare facilities and pharmacies have been preferring automated systems to reduce the spread of the virus. There also has been an increase in demand for prescription drugs sale that has been increasing rapidly which has created an opportunity to adapt the pharmacy automation systems to overcome the infection rate. Due to social distancing rules that must be followed to prevent the transmission of the new coronavirus, the market for central fill pharmacy automation has witnessed a large surge as a result of the statewide lockdowns implemented to battle the virus's spread. Due to the large number of COVID-19 patients queuing in front of hospitals, those suffering from viral and other common ailments have been urged to seek medical attention. As a result, central fill pharmacy automation has played a crucial role in providing a foothold and support to such patients, and has earned a lot of popularity in the COVID-19 scenario, which has eventually boosted the demand for central fill pharmacy automation market.

Global Central Fill Pharmacy Market: By Product and Services

The central fill pharmacy automation market is segmented into software, equipment, and services based on products and services. The equipment segment is further divided into automated medication dispensing systems, integrated workflow automation systems, automated packaging & labeling systems, automated medication compounding systems, automated tabletop counters, automated storage and retrieval systems, and others. On the other hand, the services segment has been further categorized into consulting, facility designing, custom software development, and others. In 2021, equipment segment accounted for the largest share of the market. In 2021, the automated medication dispensing system dominated the market, as hospitals seek to mitigate the effects of rising labor costs, rising demand for healthcare services, pharmacy decentralization, and the desire to eliminate medication errors. Automated drug dispensing systems are one example of central fill pharmacy automation. Automated medicine dispensing systems strive to eliminate the inherent human risk component while also providing an auditable trail, as drug and dispensing errors are a key risk factor for hospitals.

Central Fill Pharmacy Market Share

Global Central Fill Pharmacy Market: By Vendor

Based on vendor type the central fill pharmacy automation market is divided into equipment vendors and consultancy vendors. The equipment vendor segment had the biggest revenue contribution to the global market share in 2021. The extensive range of product portfolios given by this segment, as well as their vast geographical presence, excellent technical expertise, and accessibility to spare parts, are driving demand. Apart from products, equipment vendors also provide software and services, which boosts demand for this segment of the central fill pharmacy automation market.

Global Central Fill Pharmacy Market: Regional Insights

The central fill pharmacy automation market is categorized into North America, Europe, the Asia-Pacific, Latin America, and the Middle East & Africa. Among these, North America leads the market with the highest market share in 2021. The increased adoption of central fill pharmacy automation equipment and services in North America is due to the growing focus on providing value-based care to patients, an increase in specialty medication dispensing, an increase in medication errors, and the need for automated systems for improved compounding and dispensing. Apart from this, in terms of the number of central fill facilities, the Europe region is currently underserved. At present the central fill pharmacy concept is being adopted by only developed countries of Europe such as the United Kingdom, Germany, France. Furthermore, rising consumer demand for efficient prescription filling, as well as pharmacists' increased focus on providing efficient patient care, are major factors anticipate to boost market growth in upcoming years.

Competitive Landscape

The central fill pharmacy automation market is moderately competitive and highly fragmented, with numerous global and regional players operating in it. The key players dominating the market are ARxIUM, Inc., RXSAFE, LLC, Parata systems, Omnicell, Inc., McKesson Corporation, ScriptPro, Kuka AG, Innovation Associates Inc., and other prominent players. McKesson Corporation is the leading player in global central fill pharmacy automation market in 2021. In central fill pharmacy automation McKesson Corporation offers products such as drug dispensing systems and pharmacy management software solutions. McKesson's high-volume solutions help healthcare facilities run more efficiently, and they also allow the company to personalize solutions to meet the needs of diverse facilities. The company provides a variety of services for centralized facilities, including consulting, setup, and integration, among other. As a crucial strategy to improve its market position, the company also focuses on innovation in existing products and solutions.

Recent Developments

  • March 2022: To stay up with the fast-changing pharmacy sector, Walgreens Boots Alliance is establishing automated, centralized hubs. Pharmacists have been in high demand as a result of the global health crisis, since hospitals and drugstores have engaged them to deliver COVID vaccinations and testing. Walgreens and its competitors, CVS Health and Rite Aid, have been compelled to reconsider the role of their shops and pharmacists as a result. VillageMD, a primary care company, and iA, a pharmacy and health-care automation technology startup that is helping Walgreens roll out the centralized hubs, were both acquired by Walgreens. Wallgreens is exploring into sales of its Boots company in the United Kingdom.

  • August 2021: iA, a provider of software-enabled pharmacy fulfilment and automation solutions, has introduced three new solutions aimed at improving the pharmacist-patient relationship by assisting pharmacies in improving fulfilment efficiencies, inventory management, and allowing pharmacy providers to provide more patient choice.

Scope of the Report

Attribute

Details

Years Considered

Historical data – 2018-2021

Base Year – 2021

Forecast – 2022 – 2028

Facts Covered

Revenue in USD Million

Market Coverage

United States, Canada, Germany, United Kingdom, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, United Arab Emirates, South Africa

Power Type/Service Segmentation

By Product And Services, By Vendor Type And Region

Key Players

The key players dominating the market are ARxIUM, Inc., RXSAFE, LLC, TCGRX Pharmacy Workflow Solutions, Omnicell, Inc., McKesson Corporation, ScriptPro, Kuka AG, Innovation Associates Inc., R/X Automation Solutions, Tension Packaging & Automation, Cornerstone Automation Systems, LLC, Quality Manufacturing Systems Inc., Capsa Healthcare, Synergy Medical, Providen Logistics Ltd., and other prominent players.

 

By Products & Services 

  • Equipment

  • Automated Medication Dispensing System

  • Integrated Workflow Automation Systems

  • Automated Packaging and Labeling Systems

  • Automated Table Top Counters

  • Automated Medication Compounding Systems

  • Automated Storage and Retrieval Systems

  • Others

  • Software

  • Services

  •  Consulting

  •  Workflow and process optimization

  •  Facility Designing

  •  Customer Software Development

  •  Others

By Vendors  

  • Equipment Vendors

  • Consulting Vendors

By Region

  • Asia-Pacific

  • North America

  • Europe

  • Middle East & Africa

  • Latin America

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation
  3. Executive Summary
  4. Global Central Fill Pharmacy Automation Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    3. Porter’s Five Forces Analysis
      1. Bargaining End-use Industry of Suppliers
      2. Bargaining End-use Industry of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
    4. Recent Development/ Technological Advancement
    5. Regulatory Insights
  5. Global Central Fill Pharmacy Automation Market Overview
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)        
    2. Market Share & Forecast
      1. By Products & Services 
        1. Equipment
          1.  Automated Medication Dispensing System
          2.  Integrated Workflow Automation Systems
          3.  Automated Packaging and Labeling Systems
          4.  Automated Table Top Counters
          5.  Automated Medication Compounding Systems
          6.  Automated Storage and Retrieval Systems
          7.  Others
        2. Software
        3. Services
          1.  Consulting
          2.  Workflow and process optimization
          3.  Facility Designing
          4.  Customer Software Development
          5.  Others
      2. By Vendors  
        1. Equipment Vendors
        2. Consulting Vendors

           5.2.3. By Region

               5.2.3.1. North America

5.2.3.2. Europe

               5.2.3.3. The Asia-Pacific

5.2.3.4. Latin America

               5.2.3.5. The Middle East and Africa

  1. North Central Fill Pharmacy Automation Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Products & Services 
      2. By Vendors  
      3. By Country
        1. U.S.
        2. Canada
  2. Europe Central Fill Pharmacy Automation Market 
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Products & Services 
      2. By Vendors  
      3. By Country
        1. United Kingdome
        2. France
        3. Germany
        4. Italy
        5. Spain
        6. Rest of Europe
  3. The Asia-Pacific Central Fill Pharmacy Automation Market 
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Products & Services 
      2. By Vendors  
      3. By Country
        1. Japan
        2. China
        3. India
        4. South Korea
        5. Rest of APAC
  4. Latin America Central Fill Pharmacy Automation Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Products & Services 
      2. By Vendors  
      3. By Country
        1. Brazil
        2. Mexico
        3. Rest of Latin America
  5. The Middle East & Africa (MEA) Central Fill Pharmacy Automation Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Products & Services 
      2. By Vendors  
      3. By Country
        1. South Africa
        2. Saudi Arabia
        3. U.A.E.
        4. Rest of MEA
  6. Competitive Landscape
    1. List of Key Players and their Offerings
    2. Company Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Competitive Benchmarking, By Products Offerings
    5. Key Strategic Development (Merger, Acquisition, Partnership.)
  7. Impact of COVID-19 on Global Central Fill Pharmacy Automation Market Industry
  8. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. Omnicell, Inc
    2. McKesson Corporation
    3. ScriptPro
    4. Parata
    5. ARxIUM, Inc.
    6. RX Safe, LLC
    7. Cornerstone Automation Systems, LLC
    8. Capsa Healthcare
    9. Quality Manufacturing Systems, Inc.
    10. Tension Packaging and Automation
    11. Innovation Associates
    12. KUKA AG
    13. Cerner Corporation
    14. Other Prominent Players
  9. Key Strategic Recommendations

 

*Financial details of unlisted companies will be available as per data availability in the final deliverable

**The segmentation and the companies are subjected to modifications based on the in-depth secondary for the final deliverable

 

List of Figures

 

Fig 1: Global Central Fill Pharmacy Automation Market Segmentation

Fig 2: Global Central Fill Pharmacy Automation Market Size, By Value (USD Million)

Fig 3: Global Central Fill Pharmacy Automation Market Share (%), By Vendors, By Value (in %), 2021

Fig 4: Global Central Fill Pharmacy Automation Market: Value Chain Analysis

Fig 5: Descriptive Statistics, Overall Cost of Dispensing

Fig 6: Descriptive Statistics, Specialty Drugs Dispensed as a Share of Total; Drugs Dispensed

Fig 7: Porters Five Forces Analysis

Fig 8: Global Central Fill Pharmacy Automation Market Size, By Value (USD Million), 2018-2028

Fig 9: Global Central Fill Pharmacy Automation Market Share (%), By Product & Services, By Value, 2018-2028

Fig.10: Global Central Fill Pharmacy Automation Equipment Market Share (%), By Type, By Value, 2018-2028

Fig 11: Global Central Fill Pharmacy Automation Service Market Share (%), By Type, By Value, 2018-2028

Fig 12: Global Central Fill Pharmacy Automation Market Share (%), By Vendors, By Value, 2018-2028

Fig 13: Global Central Fill Pharmacy Automation Market Share (%), By Region, By Value, 2018-2028

Fig 14: North America Central Fill Pharmacy Automation Market Size, By Value (USD Million), 2018-2028

Fig 15: North America Central Fill Pharmacy Automation Market Share (%), By Products & Services, By Value, 2018-2028

Fig 16: North America Central Fill Pharmacy Automation Equipment Market Share (%), By Type, By Value, 2018-2028

Fig 17: North America Central Fill Pharmacy Automation Service Market Share (%), By Type, By Value, 2018-2028

Fig 18: North America Central Fill Pharmacy Automation Market Share (%), By Vendors, By Value, 2018-2028

Fig 19: North America Central Fill Pharmacy Automation Market Share (%), By Country, By Value, 2018-2028

Fig 20: Population by Age Group (in millions) and Percentage of Population Age 65 or Older, Canada

Fig 21: Europe Central Fill Pharmacy Automation Market Size, By Value (USD Million), 2018-2028

Fig 22: Europe Central Fill Pharmacy Automation Market Share (%), By Products & Services, By Value, 2018-2028

Fig 23: Europe Central Fill Pharmacy Automation Equipment Market Share (%), By Type, By Value, 2018-2028

Fig 24: Europe Central Fill Pharmacy Automation Service Market Share (%), By Type, By Value, 2018-2028

Fig 25: Europe Central Fill Pharmacy Automation Market Share (%), By Vendors, By Value, 2018-2028

Fig 26: Europe Central Fill Pharmacy Automation Market Share (%), By Country, By Value, 2018-2028

Fig 27: Asia-Pacific Central Fill Pharmacy Automation Market Size, By Value (USD Million), 2018-2028

Fig 28: Asia-Pacific Central Fill Pharmacy Automation Market Share (%), By Products & Services, By Value, 2018-2028

Fig 29: Asia-Pacific Central Fill Pharmacy Automation Equipment Market Share (%), By Type, By Value, 2018-2028

Fig 30: Asia-Pacific Central Fill Pharmacy Automation Service Market Share (%), By Type, By Value, 2018-2028

Fig 31: Asia-Pacific Central Fill Pharmacy Automation Market Share (%), By Vendors, By Value, 2018-2028

Fig 32: Asia-Pacific Central Fill Pharmacy Automation Market Share (%), By Country, By Value, 2018-2028

Fig 33: Latin America Central Fill Pharmacy Automation Market Size, By Value (USD Million), 2018-2028

Fig 34: Latin America Central Fill Pharmacy Automation Market Share (%), By Products & Services, By Value, 2018-2028

Fig 35: Latin America Central Fill Pharmacy Automation Equipment Market Share (%), By Type, By Value, 2018-2028

Fig 36: Latin America Central Fill Pharmacy Automation Service Market Share (%), By Type, By Value, 2018-2028

Fig 37: Latin America Central Fill Pharmacy Automation Market Share (%), By Vendors, By Value, 2018-2028

Fig 38: Latin America Central Fill Pharmacy Automation Market Share (%), By Country, By Value, 2018-2028

Fig 39: Middle East & Africa Central Fill Pharmacy Automation Market Size, By Value (USD Million), 2018-2028

Fig 40: Middle East & Africa Central Fill Pharmacy Automation Market Share (%), By Products & Services, By Value, 2018-2028

Fig 41: Middle East & Africa Central Fill Pharmacy Automation Equipment Market Share (%), By Type, By Value, 2018-2028

Fig 42: Middle East & Africa Central Fill Pharmacy Automation Service Market Share (%), By Type, By Value, 2018-2028

Fig 43: Middle East & Africa Central Fill Pharmacy Automation Market Share (%), By Vendors, By Value, 2018-2028

Fig 44: Middle East & Africa Central Fill Pharmacy Automation Market Share (%), By Country, By Value, 2018-2028

Fig 45: Global Central Fill Pharmacy Automation Company Market Share Analysis, 2021

 

List of Tables

 

Table 1: Global Central Fill Pharmacy Automation Market Size, By Product & Services, By Value (USD Million), 2018-2028

Table 2: Global Central Fill Pharmacy Automation Equipment Market Size, By Type, By Value (USD Million), 2018-2028

Table 3: Global Central Fill Pharmacy Automation Services Market Size, By Type, By Value (USD Million), 2018-2028

Table 4: Global Central Fill Pharmacy Automation Market Size, By Vendors, By Value (USD Million), 2018-2028

Table 5: Global Central Fill Pharmacy Automation Market Size, By Region, By Value (USD Million), 2018-2028

Table 6: North America Central Fill Pharmacy Automation Market Size, By Products & Services, By Value (USD Million), 2018-2028

Table 7: North America Central Fill Pharmacy Automation Equipment Market Size, By Type, By Value (USD Million), 2018-2028

Table 8: North America Central Fill Pharmacy Automation Service Market Size, By Type, By Value (USD Million), 2018-2028

Table 9: North America Central Fill Pharmacy Automation Market Size, By Vendors, By Value (USD Million), 2018-2028

Table 10: North America Central Fill Pharmacy Automation Market Size, By Country, By Value (USD Million), 2018-2028

Table 11: Europe Central Fill Pharmacy Automation Market Size, By Products & Services, By Value (USD Million), 2018-2028

Table 12: Europe Central Fill Pharmacy Automation Equipment Market Size, By Type, By Value (USD Million), 2018-2028

Table 13: Europe Central Fill Pharmacy Automation Service Market Size, By Type, By Value (USD Million), 2018-2028

Table 14: Europe Central Fill Pharmacy Automation Market Size, By Vendors, By Value (USD Million), 2018-2028

Table 15: Europe Central Fill Pharmacy Automation Market Size, By Country, By Value (USD Million), 2018-2028

Table 16: Asia-Pacific Central Fill Pharmacy Automation Market Size, By Products & Services, By Value (USD Million), 2018-2028

Table 17: Asia-Pacific Central Fill Pharmacy Automation Equipment Market Size, By Type, By Value (USD Million), 2018-2028

Table 18: Asia-Pacific Central Fill Pharmacy Automation Service Market Size, By Type, By Value (USD Million), 2018-2028

Table 19: Asia-Pacific Central Fill Pharmacy Automation Market Size, By Vendors, By Value (USD Million), 2018-2028

Table 20: Asia-Pacific Central Fill Pharmacy Automation Market Size, By Country, By Value (USD Million), 2018-2028

Table 21: Latin America Central Fill Pharmacy Automation Market Size, By Products & Services, By Value (USD Million), 2018-2028

Table 22: Latin America Central Fill Pharmacy Automation Equipment Market Size, By Type, By Value (USD Million), 2018-2028

Table 23: Latin America Central Fill Pharmacy Automation Service Market Size, By Type, By Value (USD Million), 2018-2028

Table 24: Latin America Central Fill Pharmacy Automation Market Size, By Vendors, By Value (USD Million), 2018-2028

Table 25: Latin America Central Fill Pharmacy Automation Market Size, By Country, By Value (USD Million), 2018-2028

Table 26: Middle East & Africa Central Fill Pharmacy Automation Market Size, By Products & Services, By Value (USD Million), 2018-2028

Table 27: Middle East & Africa Central Fill Pharmacy Automation Equipment Market Size, By Type, By Value (USD Million), 2018-2028

Table 28: Middle East & Africa Central Fill Pharmacy Automation Service Market Size, By type, By Value (USD Million), 2018-2028

Table 29: Middle East & Africa Central Fill Pharmacy Automation Market Size, By Vendors, By Value (USD Million), 2018-2028

Table 30: Middle East & Africa Central Fill Pharmacy Automation Market Size, By Country, By Value (USD Million), 2018-2028

Table 31: List of Key Players and Their Offerings

Table 32:  Competitive Benchmarking, By Operating Parameters

Table 33: Competitive Benchmarking, By Products Offerings

Table 34:  Key Developments & Growth Strategies

Table 35: Omnicell, Inc. Overview

Table 36: Omnicell, Inc. Financial Analysis

Table 37: McKesson Corporation Overview

Table 38: McKesson Corporation Financial Analysis

Table 39: ScriptPro Overview

Table 40: Parata Overview

Table 41: ARxIUM, Inc. Overview

Table 42: RX Safe, LLC Overview

Table 43: Cornerstone Automation Systems, LLC Overview

Table 44: Capsa Healthcare, LLC Overview

Table 45: Quality Manufacturing Systems, Inc. Overview

Table 46: Tension Packaging and Automation Overview

Table 47: Innovation Associates Overview

Table 48: Kuka AG Overview

Table 49: KUKA AG Financial Analysis

Table 50: Providen Pharmacy Logistics Overview

Table 51: Cerner Corporation Overview

Table 52: Cerner Corporation Financial Analysis

 

 

Market Segmentation

By Products & Services 

  • Equipment
  • Automated Medication Dispensing System
  • Integrated Workflow Automation Systems
  • Automated Packaging and Labeling Systems
  • Automated Table Top Counters
  • Automated Medication Compounding Systems
  • Automated Storage and Retrieval Systems
  • Others
  • Software
  • Services
  •  Consulting
  •  Workflow and process optimization
  •  Facility Designing
  •  Customer Software Development
  •  Others

By Vendors  

  • Equipment Vendors
  • Consulting Vendors

By Region

  • The Asia-Pacific
  • North America
  • Europe
  • The Middle East & Africa
  • Latin America
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Frequently Asked Questions (FAQs):

Ans: The global Central Fill Pharmacy market has reached USD 432.86 million in 2021.
Ans: Global central fill pharmacy automation market is predicted to grow as a result of automation as it enhances the accuracy of filling prescriptions and reduces the overall cost of filling. The expanding incidence of chronic diseases in many regions raised the load on pharmacies, particularly in the United States, which has the highest proportion of obese and elderly people.
Ans: The key players dominating the market are ARxIUM, Inc., RXSAFE, LLC, TCGRX Pharmacy Workflow Solutions, Omnicell, Inc., McKesson Corporation, ScriptPro, Kuka AG, Innovation Associates Inc., R/X Automation Solutions, Tension Packaging & Automation, Cornerstone Automation Systems, LLC, Quality Manufacturing Systems Inc., Capsa Healthcare, Synergy Medical, Providen Logistics Ltd., and other prominent players.
Ans: The equipment product and service segment accounted for the fastest CAGR in the global central fill pharmacy market.
Ans: North America accounted for the largest share in the global central fill pharmacy market.