What Has Been the Growth of the Central Fill Pharmacy Automation Market So Far?
The central fill pharmacy automation market has seen considerable growth due to a variety of factors.
• The central fill pharmacy automation market has grown quickly in recent years. It is expected to rise from $0.64 billion in 2024 to $0.71 billion in 2025, with a compound annual growth rate (CAGR) of 11.9%.
Growth in this sector is driven by a higher volume of prescriptions, labor shortages, the need for medication safety and accuracy, increasing healthcare costs, and the expansion of pharmacy services.
How Will the Central Fill Pharmacy Automation Market?
The central fill pharmacy automation market is expected to maintain its strong growth trajectory in upcoming years.
• The central fill pharmacy automation market is anticipated to grow rapidly, reaching $1.1 billion by 2029 with a CAGR of 11.5%.
This growth is fueled by rising prescription demand, increased focus on patient safety, and the growing role of telemedicine. Trends in the forecast period include integration with telehealth, regulatory compliance, and sustainability initiatives.
Which Factors Are Boosting Growth In The Central Fill Pharmacy Automation Market?
The increasing need to reduce medication errors is expected to drive the growth of the central fill pharmacy automation market. Rising medication errors, often caused by healthcare system complexities and increased patient volumes, are leading to a demand for automation. Central fill pharmacy automation reduces errors by streamlining the dispensing process, ensuring accuracy and efficiency. The World Health Organization reported that medication errors cost $2.16 billion annually, highlighting the need for this technology. This growing demand is driving the market for central fill pharmacy automation.
What Key Areas Define The Segmentation Of The Global Central Fill Pharmacy Automation Market?
The central fill pharmacy automation market covered in this report is segmented –
1) By Product: Equipment, Software, Services
2) By Vendor: Equipment Vendor, Consulting Vendor
3) By Application: Inpatient Pharmacy, Outpatient Pharmacy, Retail Pharmacy, Other Applications
Subsegments:
1) By Equipment: Robotic Dispensing Systems, Automated Medication Storage Systems, Barcode Scanning Systems, Medication Counting Machines, Automated Labeling Systems, Packaging Systems, Other Pharmacy Automation Equipment
2) By Software: Prescription Management Software, Inventory Management Software, Workflow Management Software, Data Analytics And Reporting Software, Medication Verification Software, Integration And Interoperability Software, Cloud-Based Software Solutions
3) By Services: Installation And Configuration Services, Maintenance And Support Services, Consulting Services, Training Services, Managed Services, System Upgrades And Customization Services
Pre-Book The Central Fill Pharmacy Automation Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Trends Are Shaping The Central Fill Pharmacy Automation Market?
Companies in the central fill pharmacy automation market are focusing on advanced solutions such as cloud-based pharmacy automation to improve operations and gain a competitive edge. Cloud-based pharmacy automation enables pharmacies to manage operations efficiently using cloud computing technology. For example, in February 2024, US-based Innovation Associates Inc. launched Shared Central Fulfillment, a cloud-based solution that allows pharmacies to offer centralized fulfillment services across multiple partners from a single location, improving sustainability and expanding prescription fulfillment capabilities.
Who Are the Key Players In The Central Fill Pharmacy Automation Market?
Major companies operating in the central fill pharmacy automation market are:
• McKesson Corporation
• Cencora Inc.
• Cardinal Health Inc.
• Becton Dickinson and Company
• Grifols SA
• Kuka AG
• J M Smith Corporation
• Omnicell Inc.
• Swisslog Healthcare
• Parata Systems LLC
• ScriptPro LLC
• PBA Health
• Capsa Healthcare
• Cornerstone Automation Systems LLC
• ARxIUM Inc.
• Talyst LLC
• Kirby Lester
• Quality Manufacturing Systems Inc.
• R/X Automation Solutions
• RxSafe LLC
• Innovation Associates Inc.
What Is The Most Dominant Region In The Central Fill Pharmacy Automation Market?
North America was the largest region in the central fill pharmacy automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the central fill pharmacy automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
