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EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET FORECAST 2021-2028

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EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET FORECAST 2021-2028

The Europe pharmacy automation equipment market is evaluated to record a CAGR of 8.21% during the forecast period of 2021 to 2028. The market growth of the region is mainly attributable to the presence of several domestic players, the increasing incidence of chronic conditions, and the augmenting demand for upgraded healthcare services.

EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET FORECAST 2021-2028

Europe Pharmacy Automation Equipment Market by Product (Automated Medication Dispensing System, Automated Packaging and Labeling System, Automated Table-top Counter, Automated Storage and Retrieval System, Other Products) Market by End-user (Retail Pharmacy, Hospital Pharmacy, Other End-users) by Geography

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The Europe pharmacy automation equipment market is evaluated to record a CAGR of 8.21% during the forecast period of 2021 to 2028. The market growth of the region is mainly attributable to the presence of several domestic players, the increasing incidence of chronic conditions, and the augmenting demand for upgraded healthcare services.

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The Europe pharmacy automation equipment market growth evaluation includes the detailed study of the United Kingdom, Nordic Countries, Russia, Italy, France, Germany, the Netherlands, and Rest of Europe. The United Kingdom has a well-established healthcare system, in addition to a rapidly developing medical industry. Numerous companies are also collaborating, launching, and expanding different products, thus bolstering the nation’s overall market growth. For instance, Capsa Healthcare announced the acquisition of NewRobo Development BV and its subsidiaries in 2020 for the implementation of pharmacy automation solutions catering to the largest pharmacies in the continent. Likewise, in the United Kingdom, the company offers a diverse range of scalable robotic packing and labeling systems within automated pharmacy dispensing solutions.

Conversely, medication errors are an alarming concern among end-users in France, thus playing a vital role in fueling the demand for pharmacy automation equipment. Furthermore, the novel coronavirus pandemic has also augmented the need for pharmacy automation in the country on account of the increasing medication requirements. Hence, these factors are set to propel the pharmacy automation equipment market growth in Europe during the forecast years.

Avery Weigh-Tronix, headquartered in the United Kingdom, is a leading supplier of weighing services and solutions. The company derives the latest technology and research to design, install, manufacture, and service a wide range of high-quality weighing systems as well as industrial products. Eyecon, a member of the Avery Weigh-Tronix Group, develops and produces counter-top automation for Rx validation and pill counting within retail pharmacy operations.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • USAGE OF AUTOMATED MEDICATION DISPENSING SYSTEMS TO MINIMIZE MEDICATION ERRORS
        • DEMAND FOR SPECIALTY DRUGS DUE TO INCREASE IN COMPLEX, CHRONIC, AND RARE DISEASES
        • DECENTRALIZATION OF PHARMACIES
      • KEY RESTRAINTS
        • DIFFICULTIES ASSOCIATED WITH OPERATING AUTOMATED DISPENSING SYSTEMS
        • RELUCTANCE TO ADOPT PHARMACY AUTOMATION SYSTEMS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON PHARMACY AUTOMATION EQUIPMENT MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRY
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY PRODUCT
      • AUTOMATED MEDICATION DISPENSING SYSTEM
      • AUTOMATED PACKAGING AND LABELING SYSTEM
      • AUTOMATED TABLE-TOP COUNTER
      • AUTOMATED STORAGE AND RETRIEVAL SYSTEM
      • OTHER PRODUCTS
    3. MARKET BY END-USER
      • RETAIL PHARMACY
      • HOSPITAL PHARMACY
      • OTHER END-USERS
    4. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • GERMANY
          • FRANCE
          • UNITED KINGDOM
          • ITALY
          • RUSSIA
          • THE NETHERLANDS
          • NORDIC COUNTRIES
          • REST OF EUROPE
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
      • COMPANY PROFILES
        • ACCU-CHART PLUS HEALTHCARE SYSTEM INC
        • ALIXARX
        • AMERISOURCEBERGEN
        • ARXIUM INC
        • AVERY WEIGH -TRONIX
        • BAXTER INTERNATIONAL INC
        • BECTON, DICKINSON AND COMPANY (BD)
        • CAPSA HEALTHCARE LLC
        • CERNER CORPORATION
        • MCKESSON CORPORATION
        • NEWLCON OY
        • OMNICELL INC
        • PARATA SYSTEMS LLC
        • PEARSON MEDICAL TECHNOLOGIES
        • PERCEPTIMED INC
        • RXSAFE LLC
        • SCRIPTPRO LLC
        • SWISSLOG HOLDINGS AG
        • YUYAMA CO LTD

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – PHARMACY AUTOMATION EQUIPMENT

    TABLE 2: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY PRODUCT, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: LEADING PLAYERS OPERATING IN EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET

    TABLE 9: LIST OF MERGERS & ACQUISITIONS

    TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 12: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY PRODUCT, IN 2020

    FIGURE 6: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED MEDICATION DISPENSING SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 7: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED PACKAGING AND LABELING SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 8: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED TABLE-TOP COUNTER, 2021-2028 (IN $ MILLION)

    FIGURE 9: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY AUTOMATED STORAGE AND RETRIEVAL SYSTEM, 2021-2028 (IN $ MILLION)

    FIGURE 10: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY OTHER PRODUCTS, 2021-2028 (IN $ MILLION)

    FIGURE 11: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY END-USER, IN 2020

    FIGURE 12: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY RETAIL PHARMACY, 2021-2028 (IN $ MILLION)

    FIGURE 13: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY HOSPITAL PHARMACY, 2021-2028 (IN $ MILLION)

    FIGURE 14: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)

    FIGURE 15: EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 16: GERMANY PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 17: FRANCE PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 18: UNITED KINGDOM PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 19: ITALY PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 20: RUSSIA PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 21: THE NETHERLANDS PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 22: NORDIC COUNTRIES PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 23: REST OF EUROPE PHARMACY AUTOMATION EQUIPMENT MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • GERMANY
          • FRANCE
          • UNITED KINGDOM
          • ITALY
          • RUSSIA
          • THE NETHERLANDS
          • NORDIC COUNTRIES
          • REST OF EUROPE
    1. MARKET BY PRODUCT
      • AUTOMATED MEDICATION DISPENSING SYSTEM
      • AUTOMATED PACKAGING AND LABELING SYSTEM
      • AUTOMATED TABLE-TOP COUNTER
      • AUTOMATED STORAGE AND RETRIEVAL SYSTEM
      • OTHER PRODUCTS
    2. MARKET BY END-USER
      • RETAIL PHARMACY
      • HOSPITAL PHARMACY
      • OTHER END-USERS

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