< Key Hightlight >

MARKET OUTLOOK

As per Triton’s research, the pharmacy automation equipment market in Europe is expected to progress at a compound annual growth rate of 8.11% during the period 2022-2028. Germany, Italy, Spain, France, Russia, the United Kingdom, and Rest of Europe shape the region’s market.

In France, the market is growing at a steady pace, mainly owing to the rising geriatric population, surging demand for error reduction in the healthcare sector, and growing need for suppression in cost. Medication error is a rising concern among end-users in the market and thus has enhanced the demand for automated devices. This has also encouraged players to collaborate and launch products relating to pharmacy automation. For instance, in April 2020, the company Deenova expanded its pharmacy automation segment and witnessed seven robot sales in France. 

The United Kingdom has a well-established healthcare system, influencing the adoption of automated systems. The growing need to reduce medication errors, surging demand for specialty drug prescription filing solutions, and growing geriatric population are major factors increasing the demand for automated equipment. Several companies are expanding, collaborating, and launching new products that are supplementing the growth of the pharmacy automation equipment market in the country. 

COMPETITIVE OUTLOOK 

The key firms in the pharmacy automation equipment market are Pearson Medical Technologies, Amerisourcebergen, Omnicell Inc, McKesson Corporation, Avery Weigh Tronix, Accu Chart Plus Healthcare System Inc, and Perceptimed Inc.