A mechanical system that performs tasks such as pharmaceutical storage, packing, dispensing, or distribution while permitting control of the operation and computerized transaction recording is referred to as pharmacy automation. It enables pharmacies to optimize operations and reduce the chance of errors.

The development of sophisticated pharmacy automation technologies is moving the pharmacy automation industry forward.
Improvements in digital technology enable pharmacies to manage massive prescription loads safely and effectively. When pharmacy automation first became popular, pill counting was one of the few techniques accessible. Some of the more accessible automation technologies available today include automated medication dispensing systems, automated storage and retrieval systems, automated packaging and labeling systems, table-top tablet counters, and automated compounding machines. Many technological innovations have lately been developed to improve typical activities and operations performed in pharmacies and other healthcare facilities, such as:

• In March 2022, Capsa Healthcare announced an expansion to its suite of NexsysADC automated dispensing cabinets. NexsysADC can accommodate any size of controlled or high-value medications or supplies in two new sizes of Controlled Access Module Drawers.

• In August 2021, Innovation Associates announced the launch of its Smart-Pod, a next-generation robot for central-fill pharmacy environments. Smart-Pod allows providers to adjust and scale their centralized fulfillment solutions to meet demands.

Manual Methods Replaced by Pharmacy Automation System
Various procedures in the pharmacy system, such as pill counting, IV dose filling, drug administration, and so on, were done manually. The manual approach required a large number of people, extra time to complete the task, and mistakes were typical in these operations. However, when the benefits of pharmacy automation became evident, even traditionalist pharmacies began to make the changeover. Automation improves a pharmacy's productivity while significantly lowering its mistake rate. Furthermore, the prices of automation are continuing to fall, and more pharmacies are discovering that they can't afford to put off automation any longer.

“New pharmacy automation systems are emerging to address the growing demand for medicine in the world. Technology has a key role to play. An advancement in digital technologies enables pharmacies to handle high prescription loads safely and efficiently.” -Vice President, Global Operations and Supply Chain, Pharmacy Automation Company, United States

North America is expected to maintain its market dominance in pharmacy automation.
Geographically, North America has the biggest market share in the pharmacy automation industry. Adoption of new automation technologies in hospitals and pharmacies, an increase in the need to reduce prescription and dispensing errors, the need to improve pharmacy efficiency and workflow management, and an increasing number of hospitals and healthcare laboratories in this region are expected to drive the pharmacy automation market.

Analysis of the Competitive Landscape in the Pharmacy Automation Market
Becton Dickinson and Company, Omnicell Inc., KUKA AG, Baxter International Inc., and Capsa Healthcare are some of the top competitors in the pharmacy automation market.
Companies Using Organic and Inorganic Growth Strategies to Increase Market Share
To get a larger market share, players in the pharmacy automation market are pursuing both organic and inorganic growth methods such as partnerships, acquisitions, investment, and new product releases.

For instance,

• In May 2022, Deenova has announced the UK launch of their revolutionary Pay-Per-dosage unit dosage pharmacy automation solution.

• In February 2022, Capsa Healthcare has announced the purchase of Humanscale Healthcare, a New York-based designer and manufacturer of flexible technology solutions and computer workstations.

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