Meticulous Research® has published a comprehensive report titled, "Pharmacy Automation Market by Product (Automated Medication Dispensing, Packaging & Labeling, Storage & Retrieval, Medication Compounding Systems, Table-top Counters, and Pharmacy Robots), End User (Retail, Hospital Pharmacies) - Global Forecast to 2030."

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/pharmaceutical-automation-market-5280

According to this report, the pharmacy automation market is projected to grow at a CAGR of 7.6% from 2023, reaching a value of $7.87 billion by 2030. The market's expansion is driven by the rise of AI in pharmacies, increased automation to cut labor costs, the adoption of robotics, and technological advancements reducing medication errors. Additionally, the development of compact automated systems and rising healthcare costs in emerging markets provide significant growth opportunities.

However, the market faces challenges such as strict regulations and the high costs of automation systems, which hinder wider adoption.

Key Players
Leading companies in this market include Omnicell, Inc. (U.S.), ARxIUM, Inc. (U.S.), MCKESSON CORPORATION (U.S.), Swisslog Healthcare (Switzerland), RxSafe, LLC. (U.S.), Becton, Dickinson and Company (U.S.), Capsa Healthcare (U.S.), TOSHO Inc. (Japan), Medical Packaging Inc., LLC (U.S.), TouchPoint, Inc. (U.S.), Noritsu Pharmacy Automation (U.S.), Körber AG (Germany), and ScriptPro LLC (U.S.).

Market Outlook
The report segments the pharmacy automation market by component, end user, and geography. Automated medication dispensing systems are expected to dominate the market in 2023 due to their role in reducing medication errors, enhancing safety, and improving patient care. Retail pharmacies are anticipated to lead among end users, leveraging automation for personalized medication packaging and better patient satisfaction.

Geographic Insights
The report covers major regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to hold the largest market share in 2023, driven by technological adoption, the prevalence of centralized pharmacies, and government support.

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