ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028

Lifesciences | Medical Devices & Consumables

ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028

Market by Technology, Industry Verticals, and Country | Forecast 2022-2028

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Based on Triton Market Research’s estimates, the pharmacy automation equipment market is set to progress with a CAGR of 9.02% over the estimated years 2022-2028.


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The countries considered in this market include:

•        India

•        China

•        Japan

•        Australia & New Zealand

•        South Korea

•        ASEAN countries

•        Rest of Asia-Pacific

The Chinese pharmacy automation equipment market is mainly supported by the growing demand for specialty drugs and the rising need to reduce medication errors. Additionally, the growing incidence of chronic and life-threatening diseases has increased the demand for pharmacy automation to a large extent. As per the International Diabetes Federation, in 2020, a substantial percentage of the population suffered from diabetes. In this regard, the automated dispensing system can help meet the requirements of the growing patient population. Hence, the rising pressure on the conventional pharmaceutical system due to the growing patient population drives the progress of the pharmacy automation equipment market across China.

The surging technological advancements, especially robotic tools, contribute to the growth of Japan’s pharmacy automation equipment market. With a rising aging population, there is a supreme demand for efficient and economical medical care. As per the World Aging report, the Japanese population above 65 years is expected to surge by around 37.7% in 2050. Other than this, atrial fibrillation in the older population is expected to increase to one million by 2050, as per the National Institute of Health. Hence, all these factors drive the demand for automated dispensing machines, thereby contributing to the growth of the pharmacy automation equipment market.

Baxter International Inc is a healthcare company offering a wide range of products, including infusion systems and devices, inhaled aesthetics, generic injectable pharmaceuticals, and other products. These products are distributed across hospitals, nursing homes, rehabilitation centers, and kidney dialysis centers, among others. Through direct sales, independent distributors, specialty pharmacies, or other site providers, the company offers these products. Founded in 1931, Baxter has operations globally, including in the APAC region. 

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Table of Content

1. ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON PHARMACY AUTOMATION EQUIPMENT MARKET

2.2. KEY INSIGHTS

2.3. PORTER’S FIVE FORCES MODEL

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE PRODUCTS

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY STRATEGIC DEVELOPMENTS

2.6.1. CONTRACTS AND PARTNERSHIPS

2.6.2. BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES

2.6.3. ACQUISITIONS & MERGERS

2.6.4. NEW PRODUCT LAUNCHES & DEVELOPMENTS

2.7. MARKET DRIVERS

2.7.1. GROWING PREFERENCE FOR DECENTRALIZED PHARMACY SERVICES

2.7.2. PHARMACY AUTOMATION RATIONALIZING OPERATIONS

2.8. MARKET CHALLENGES

2.8.1. LACK OF FINANCIAL SUPPORT AND RELUCTANCE IN ADOPTING PHARMACY AUTOMATION SYSTEMS

2.8.2. COMPLEXITY IN OPERATING AUTOMATED DISPENSING SYSTEMS

2.9. MARKET OPPORTUNITIES

2.9.1. SURGING DEMAND FOR SPECIALTY DRUGS

2.9.2. TECHNOLOGICAL ADVANCEMENTS

3. ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET - BY TECHNOLOGY

3.1. AUTOMATED MEDICATION DISPENSING SYSTEM

3.2. AUTOMATED PACKAGING AND LABELING SYSTEM

3.3. AUTOMATED TABLE-TOP COUNTER

3.4. AUTOMATED STORAGE AND RETRIEVAL SYSTEM

3.5. OTHER TECHNOLOGIES

4. ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET - BY INDUSTRY VERTICALS

4.1. RETAIL PHARMACY

4.2. HOSPITAL PHARMACY

4.3. OTHER INDUSTRY VERTICALS

5. ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET – COUNTRY OUTLOOK

5.1. CHINA

5.2. JAPAN

5.3. INDIA

5.4. AUSTRALIA & NEW ZEALAND

5.5. SOUTH KOREA

5.6. ASEAN COUNTRIES

5.7. REST OF ASIA-PACIFIC

6. COMPANY PROFILE

6.1. AMERISOURCEBERGEN

6.2. ACCU CHART PLUS HEALTHCARE SYSTEM INC

6.3. ARXIUM INC

6.4. ALIXARX

6.5. AVERY WEIGH TRONIX

6.6. BAXTER INTERNATIONAL INC

6.7. BECTON DICKINSON AND COMPANY

6.8. CAPSA HEALTHCARE LLC

6.9. CERNER CORPORATION

6.10. MCKESSON CORPORATION

6.11. NEWICON OY

6.12. OMNICELL INC

6.13. PEARSON MEDICAL TECHNOLOGIES

6.14. PERCEPTIMED INC

6.15. PARATA SYSTEMS LLC

6.16. SCRIPTPRO LLC

6.17. SWISSLOG HOLDINGS AG

7. RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.1.1. OBJECTIVES OF STUDY

7.1.2. SCOPE OF STUDY

7.2. SOURCES OF DATA

7.2.1. PRIMARY DATA SOURCES

7.2.2. SECONDARY DATA SOURCES

7.3. RESEARCH METHODOLOGY

7.3.1. EVALUATION OF PROPOSED MARKET

7.3.2. IDENTIFICATION OF DATA SOURCES

7.3.3. ASSESSMENT OF MARKET DETERMINANTS

7.3.4. DATA COLLECTION

7.3.5. DATA VALIDATION & ANALYSIS

List of Tables

TABLE 1:       ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2:       VENDOR SCORECARD

TABLE 3:       LIST OF CONTRACTS AND PARTNERSHIPS

TABLE 4:       LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES

TABLE 5:       LIST OF ACQUISITIONS & MERGERS

TABLE 6:       LIST OF NEW PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 7:       ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)

TABLE 8:       ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)

TABLE 9:       ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1:     ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)

FIGURE 2:     ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED MEDICATION DISPENSING SYSTEM, 2022-2028 (IN $ MILLION)

FIGURE 3:     ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED PACKAGING AND LABELING SYSTEM, 2022-2028 (IN $ MILLION)

FIGURE 4:     ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED TABLE-TOP COUNTER, 2022-2028 (IN $ MILLION)

FIGURE 5:     ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED STORAGE AND RETRIEVAL SYSTEM, 2022-2028 (IN $ MILLION)

FIGURE 6:     ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY OTHER TECHNOLOGIES, 2022-2028 (IN $ MILLION)

FIGURE 7:     ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY INDUSTRY VERTICALS, 2020 & 2028 (IN %)

FIGURE 8:     ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY RETAIL PHARMACY, 2022-2028 (IN $ MILLION)

FIGURE 9:     ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY HOSPITAL PHARMACY, 2022-2028 (IN $ MILLION)

FIGURE 10:  ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET, BY OTHER INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)

FIGURE 11:  CHINA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

FIGURE 12:  JAPAN PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

FIGURE 13:  INDIA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

FIGURE 14:  AUSTRALIA & NEW ZEALAND PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

FIGURE 15:  SOUTH KOREA PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

FIGURE 16:  ASEAN COUNTRIES PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

FIGURE 17:  REST OF ASIA-PACIFIC PHARMACY AUTOMATION EQUIPMENT MARKET 2022-2028 (IN $ MILLION)

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