Middle East & Africa Pharmacy Automation Systems Market
Middle East & Africa Pharmacy Automation Systems Market is growing at a CAGR of 7.8% to reach US$ 457.17 million by 2030 from US$ 250.23 million in 2022 by Type, and End User .

Published On: Feb 2024

Available Report Formats

pdf-format excel-format pptx-format
Request Free Sample Buy Now
Middle East & Africa Pharmacy Automation Systems Market

At 7.8% CAGR, the Middle East & Africa Pharmacy Automation Systems Market is Projected to be worth US$ 457.17 million by 2030, says Business Market Insights

According to Business Market Insights research, the Middle East & Africa pharmacy automation systems market was valued at US$ 250.23 million in 2022 and is expected to reach US$ 457.17 million by 2030, registering a CAGR of 7.8% from 2022 to 2030. Growing adoption of robotic pharmacy is among the critical factors attributed to the Middle East & Africa pharmacy automation systems market expansion.

In the healthcare sector, automated systems are incorporated into different processes to provide information about stock and inventory, and aid in traceability and streamlined storage. Thus, automation relieves pharmacists from labor-intensive distributive functions and enhances workflow efficiency in pharmacies. Moreover, the adoption of robotics and automated systems is rising in pharmacies in developing regions. In 2023, Dartmouth Hitchcock Medical Center deployed TUG robots to carry medication from the level two pharmacy to the newly constructed inpatient units located in the Patient Pavilion of the hospital in Lebanon. In March 2022, Emirates Health Services (EHS) announced the launch of four robotic pharmacies under its robotic pharmacies project. The EHS implemented its project in Abdullah Bin Omran Hospital for Obstetrics & Gynecology, Al Qassimi Hospital, Ibrahim Bin Hamad Obaidullah Hospital, and Al Qassimi Women's and Children's Hospital. The organization states that the dispensing systems incorporated in these hospitals are integrated with robots. The launch of robotic pharmacies is also expected to confer customer satisfaction and build their confidence in pharmacy services. Leading pharmacy automation system vendors continuously focus on developments and introduction of their innovations. In February 2021, Omnicell Inc. announced the launch of its Medimat system. Medimat is a next-generation, automated dispensing system for retail pharmacies. Medimat has been built for improved patient safety, efficient time utilization, and financial savings. Similarly, in August 2021, innovativeAspirations (iA), a commercial provider of software-enabled pharmacy fulfillment and automation solutions, launched three solutions that are integrated with Medimat's NEXiA technology to manage the fulfillment of prescribed medicines centrally. iA has also introduced SmartPod, a next-generation robot with a modular autofill unit. SmartPod allows pharmacy providers to adjust and scale their centralized fulfillment solutions. Thus, the growing adoption of robotic pharmacies with the introduction of next-generation automated systems fuels growth of the pharmacy automation systems market.

On the contrary, high capitalization cost and problems associated with pharmacy automation systems hampers the growth of Middle East & Africa pharmacy automation systems market.

Based on type, the Middle East & Africa pharmacy automation systems market is categorized into automation medication dispensing systems (product type and operation), automated packaging and labelling systems, automated table-top counters, automated storage and retrieval systems, and other types. The automation medication dispensing systems segment held 33.7% market share in 2022, amassing US$ 84.32 million. It is projected to garner US$ 160.84 million by 2030 to expand at 8.4% CAGR during 2022-2030.

Based on end user, the Middle East & Africa pharmacy automation systems market is categorized into hospital pharmacy, retail pharmacy, and others. The hospital pharmacy segment held 59.2% share of Middle East & Africa pharmacy automation systems market in 2022, amassing US$ 148.13 million. It is projected to garner US$ 278.31 million by 2030 to expand at 8.2% CAGR during 2022-2030.

Based on country, the Middle East & Africa pharmacy automation systems market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that South Africa captured 36.9% share of Middle East & Africa pharmacy automation systems market in 2022. It was assessed at US$ 92.43 million in 2022 and is likely to hit US$ 177.38 million by 2030, exhibiting a CAGR of 8.5% during 2022-2030.

Key players operating in the Middle East & Africa pharmacy automation systems market are Becton Dickinson and Co, Capsa Solutions LLC, Omnicell Inc, Oracle Corp, Veradigm LLC, and Swisslog Healthcare AG, among others.

- In June 2021, Capsa Introduced New Avalo Medical Cart Convenient Packages.

- In June 2022, BD to acquired Parata systems to enter new pharmacy automation solutions market.



Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com