The Europe Pharmacy Automation Devices Market would witness market growth of 12.1% CAGR during the forecast period (2020-2026). The outbreak of the COVID-19 pandemic resulted in the high transmission rate of infection from the healthcare employees to the patients & the thus led to the increasing demand for medications globally.
This factor is expected to impact the pharmacy automation devices market positively. Thus, in order to contain the spread of the coronavirus, the healthcare units & pharmacies have increasingly adopting automation systems. The demand for prescription drug sales has witnessed a huge spike & due to this aspect, various opportunities have appeared in the market that make it necessary to deploy pharmacy automation systems in order to reduce the infection rate.
Moreover, various factors such as the rising demand for specialty drug prescription filling solutions, the decentralization of pharmacies, and the growing requirement to reduce medication errors are expected to drive the demand for the pharmacy automation devices market in the next few years.
The geriatric population has witnessed a constant surge around the globe. As a result, there has been an increment in the rates of chronic & life-threatening diseases combined with the high dispensation of medications. The study conducted by the UK Department of Health Policy Research Program in 2019, has shown that around 237 million medication errors occurred in the NHS in England each year, and many people die due to the avoidable adverse drug reaction (ADRs). As a result, the demand is increasing, hospitals & pharmacies are deploying innovative pharmacy automation systems in order to minimize the operating costs while enhancing patient security.
Based on Product, the market is segmented into Medication Dispensing Systems, Packaging and Labeling Systems, Storage and Retrieval Systems, Automated Medication Compounding Systems, and Tabletop Tablet Counters. Based on End Use, the market is segmented into Retail Pharmacy and Hospital Pharmacy. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The Germany market dominated the Europe Hospital Pharmacy Market by Country in 2019, thereby, achieving a market value of $228.1 million by 2026. The UK market is showcasing a CAGR of 11.4% during (2020 - 2026). Additionally, The France market is expected to witness a CAGR of 13.9% during (2020 - 2026).
Free Valuable Insights: Pharmacy Automation Devices Market in Europe is expected to register a CAGR of 12.1% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include McKesson Corporation, Baxter International, Inc., Becton, Dickinson and Company, ARxIUM, Inc., Omnicell, Inc., Kuka AG (Swisslog Healthcare), Cerner Corporation, Accu-Chart Plus Healthcare Systems, Inc., Pearson Medical Technologies, LLC, and ScriptPro, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Medication Dispensing Systems
- Packaging and Labeling Systems
- Storage and Retrieval Systems
- Automated Medication Compounding Systems
- Tabletop Tablet Counters
By End-Use
- Retail Pharmacy
- Hospital Pharmacy
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- McKesson Corporation
- Baxter International, Inc.
- Becton, Dickinson and Company
- ARxIUM, Inc.
- Omnicell, Inc.
- Kuka AG (Swisslog Healthcare)
- Cerner Corporation
- Accu-Chart Plus Healthcare Systems, Inc.
- Pearson Medical Technologies, LLC
- ScriptPro, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Pharmacy Automation Devices Market, by Product
1.4.2 Europe Pharmacy Automation Devices Market, by End Use
1.4.3 Europe Pharmacy Automation Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
Chapter 4. Europe Pharmacy Automation Devices Market by Product
4.1 Europe Medication Dispensing Systems Market by Country
4.2 Europe Packaging and Labeling Systems Market by Country
4.3 Europe Storage and Retrieval Systems Market by Country
4.4 Europe Automated Medication Compounding Systems Market by Country
4.5 Europe Other Product Market by Country
Chapter 5. Europe Pharmacy Automation Devices Market by End Use
5.1 Europe Retail Pharmacy Market by Country
5.2 Europe Hospital Pharmacy Market by Country
Chapter 6. Europe Pharmacy Automation Devices Market by Country
6.1 Germany Pharmacy Automation Devices Market
6.1.1 Germany Pharmacy Automation Devices Market by Product
6.1.2 Germany Pharmacy Automation Devices Market by End Use
6.2 UK Pharmacy Automation Devices Market
6.2.1 UK Pharmacy Automation Devices Market by Product
6.2.2 UK Pharmacy Automation Devices Market by End Use
6.3 France Pharmacy Automation Devices Market
6.3.1 France Pharmacy Automation Devices Market by Product
6.3.2 France Pharmacy Automation Devices Market by End Use
6.4 Russia Pharmacy Automation Devices Market
6.4.1 Russia Pharmacy Automation Devices Market by Product
6.4.2 Russia Pharmacy Automation Devices Market by End Use
6.5 Spain Pharmacy Automation Devices Market
6.5.1 Spain Pharmacy Automation Devices Market by Product
6.5.2 Spain Pharmacy Automation Devices Market by End Use
6.6 Italy Pharmacy Automation Devices Market
6.6.1 Italy Pharmacy Automation Devices Market by Product
6.6.2 Italy Pharmacy Automation Devices Market by End Use
6.7 Rest of Europe Pharmacy Automation Devices Market
6.7.1 Rest of Europe Pharmacy Automation Devices Market by Product
6.7.2 Rest of Europe Pharmacy Automation Devices Market by End Use
Chapter 7. Company Profiles
7.1 McKesson Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.5.2 Product Launches and Product Expansions:
7.2 Baxter International, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.1 Recent strategies and developments:
7.2.1.1 Acquisition and Mergers:
7.3 Becton, Dickinson and Company
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.4 ARxIUM, Inc.
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.4.2.2 Product Launches and Product Expansions:
7.5 Omnicell, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Acquisition and Mergers:
7.5.5.3 Product Launches and Product Expansions:
7.6 Kuka AG (Swisslog Healthcare)
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Product Launches and Product Expansions:
7.6.2.3 Acquisition and Mergers:
7.7 Cerner Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 Accu-Chart Plus Healthcare Systems, Inc.
7.8.1 Company Overview
7.9 Pearson Medical Technologies, LLC
7.9.1 Company Overview
7.10. ScriptPro, LLC
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Europe Pharmacy Automation Devices Market, 2016 - 2019, USD Million
TABLE 2 Europe Pharmacy Automation Devices Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Pharmacy Automation Devices Market
TABLE 4 Product Launches And Product Expansions– Pharmacy Automation Devices Market
TABLE 5 Acquisition and Mergers– Pharmacy Automation Devices Market
TABLE 6 Europe Pharmacy Automation Devices Market by Product, 2016 - 2019, USD Million
TABLE 7 Europe Pharmacy Automation Devices Market by Product, 2020 - 2026, USD Million
TABLE 8 Europe Medication Dispensing Systems Market by Country, 2016 - 2019, USD Million
TABLE 9 Europe Medication Dispensing Systems Market by Country, 2020 - 2026, USD Million
TABLE 10 Europe Packaging and Labeling Systems Market by Country, 2016 - 2019, USD Million
TABLE 11 Europe Packaging and Labeling Systems Market by Country, 2020 - 2026, USD Million
TABLE 12 Europe Storage and Retrieval Systems Market by Country, 2016 - 2019, USD Million
TABLE 13 Europe Storage and Retrieval Systems Market by Country, 2020 - 2026, USD Million
TABLE 14 Europe Automated Medication Compounding Systems Market by Country, 2016 - 2019, USD Million
TABLE 15 Europe Automated Medication Compounding Systems Market by Country, 2020 - 2026, USD Million
TABLE 16 Europe Other Product Market by Country, 2016 - 2019, USD Million
TABLE 17 Europe Other Product Market by Country, 2020 - 2026, USD Million
TABLE 18 Europe Pharmacy Automation Devices Market by End Use, 2016 - 2019, USD Million
TABLE 19 Europe Pharmacy Automation Devices Market by End Use, 2020 - 2026, USD Million
TABLE 20 Europe Retail Pharmacy Market by Country, 2016 - 2019, USD Million
TABLE 21 Europe Retail Pharmacy Market by Country, 2020 - 2026, USD Million
TABLE 22 Europe Hospital Pharmacy Market by Country, 2016 - 2019, USD Million
TABLE 23 Europe Hospital Pharmacy Market by Country, 2020 - 2026, USD Million
TABLE 24 Europe Pharmacy Automation Devices Market by Country, 2016 - 2019, USD Million
TABLE 25 Europe Pharmacy Automation Devices Market by Country, 2020 - 2026, USD Million
TABLE 26 Germany Pharmacy Automation Devices Market, 2016 - 2019, USD Million
TABLE 27 Germany Pharmacy Automation Devices Market, 2020 - 2026, USD Million
TABLE 28 Germany Pharmacy Automation Devices Market by Product, 2016 - 2019, USD Million
TABLE 29 Germany Pharmacy Automation Devices Market by Product, 2020 - 2026, USD Million
TABLE 30 Germany Pharmacy Automation Devices Market by End Use, 2016 - 2019, USD Million
TABLE 31 Germany Pharmacy Automation Devices Market by End Use, 2020 - 2026, USD Million
TABLE 32 UK Pharmacy Automation Devices Market, 2016 - 2019, USD Million
TABLE 33 UK Pharmacy Automation Devices Market, 2020 - 2026, USD Million
TABLE 34 UK Pharmacy Automation Devices Market by Product, 2016 - 2019, USD Million
TABLE 35 UK Pharmacy Automation Devices Market by Product, 2020 - 2026, USD Million
TABLE 36 UK Pharmacy Automation Devices Market by End Use, 2016 - 2019, USD Million
TABLE 37 UK Pharmacy Automation Devices Market by End Use, 2020 - 2026, USD Million
TABLE 38 France Pharmacy Automation Devices Market, 2016 - 2019, USD Million
TABLE 39 France Pharmacy Automation Devices Market, 2020 - 2026, USD Million
TABLE 40 France Pharmacy Automation Devices Market by Product, 2016 - 2019, USD Million
TABLE 41 France Pharmacy Automation Devices Market by Product, 2020 - 2026, USD Million
TABLE 42 France Pharmacy Automation Devices Market by End Use, 2016 - 2019, USD Million
TABLE 43 France Pharmacy Automation Devices Market by End Use, 2020 - 2026, USD Million
TABLE 44 Russia Pharmacy Automation Devices Market, 2016 - 2019, USD Million
TABLE 45 Russia Pharmacy Automation Devices Market, 2020 - 2026, USD Million
TABLE 46 Russia Pharmacy Automation Devices Market by Product, 2016 - 2019, USD Million
TABLE 47 Russia Pharmacy Automation Devices Market by Product, 2020 - 2026, USD Million
TABLE 48 Russia Pharmacy Automation Devices Market by End Use, 2016 - 2019, USD Million
TABLE 49 Russia Pharmacy Automation Devices Market by End Use, 2020 - 2026, USD Million
TABLE 50 Spain Pharmacy Automation Devices Market, 2016 - 2019, USD Million
TABLE 51 Spain Pharmacy Automation Devices Market, 2020 - 2026, USD Million
TABLE 52 Spain Pharmacy Automation Devices Market by Product, 2016 - 2019, USD Million
TABLE 53 Spain Pharmacy Automation Devices Market by Product, 2020 - 2026, USD Million
TABLE 54 Spain Pharmacy Automation Devices Market by End Use, 2016 - 2019, USD Million
TABLE 55 Spain Pharmacy Automation Devices Market by End Use, 2020 - 2026, USD Million
TABLE 56 Italy Pharmacy Automation Devices Market, 2016 - 2019, USD Million
TABLE 57 Italy Pharmacy Automation Devices Market, 2020 - 2026, USD Million
TABLE 58 Italy Pharmacy Automation Devices Market by Product, 2016 - 2019, USD Million
TABLE 59 Italy Pharmacy Automation Devices Market by Product, 2020 - 2026, USD Million
TABLE 60 Italy Pharmacy Automation Devices Market by End Use, 2016 - 2019, USD Million
TABLE 61 Italy Pharmacy Automation Devices Market by End Use, 2020 - 2026, USD Million
TABLE 62 Rest of Europe Pharmacy Automation Devices Market, 2016 - 2019, USD Million
TABLE 63 Rest of Europe Pharmacy Automation Devices Market, 2020 - 2026, USD Million
TABLE 64 Rest of Europe Pharmacy Automation Devices Market by Product, 2016 - 2019, USD Million
TABLE 65 Rest of Europe Pharmacy Automation Devices Market by Product, 2020 - 2026, USD Million
TABLE 66 Rest of Europe Pharmacy Automation Devices Market by End Use, 2016 - 2019, USD Million
TABLE 67 Rest of Europe Pharmacy Automation Devices Market by End Use, 2020 - 2026, USD Million
TABLE 68 Key Information – McKesson Corporation
TABLE 69 Key Information – Baxter International, Inc.
TABLE 70 Key information – Becton, Dickinson and Company
TABLE 71 key information – ARxIUM, Inc.
TABLE 72 Key Information – Omnicell, Inc.
TABLE 73 Key Information –Kuka AG
TABLE 74 key information – Cerner Corporation
TABLE 75 Key Information – Accu-Chart Plus Healthcare Systems, Inc.
TABLE 76 key Information – Pearson Medical Technologies, LLC
TABLE 77 key Information – ScriptPro, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Recent strategies and developments: McKesson Corporation
FIG 5 Recent strategies and developments: ARxIUM, Inc.
FIG 6 Recent strategies and developments: Omnicell, Inc.
FIG 7 Recent strategies and developments: Kuka AG