The Mexico pharmacy automation market is experiencing significant growth driven by factors such as the increasing demand for efficient and accurate medication dispensing, the need to minimize medication errors, and the rising focus on patient safety. Pharmacy automation solutions, including robotic dispensing systems, medication management systems, and automated storage and retrieval systems, are being adopted to streamline pharmacy operations, enhance workflow efficiency, and improve medication management processes. These advancements in automation technology are revolutionizing the pharmaceutical industry in Mexico, providing improved healthcare services and patient outcomes.
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Data Bridge Market Research analyses that the Mexico Pharmacy Automation Market is expected to grow at a CAGR of 5.05% in the forecast period of 2022 to 2029. The growing need for accurate and timely medication dispensing is driving the adoption of pharmacy automation solutions in Mexico. These technologies help minimize errors, improve medication management, and enhance patient safety.
Key Findings of the Study
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Workflow efficiency is expected to drive the market's growth rate
Pharmacy automation solutions play a crucial role in improving workflow efficiency by automating time-consuming and repetitive tasks in pharmacy operations. Automated systems can accurately count, label, and package medications, reducing the chances of errors and freeing up pharmacists' time. With these tasks automated, pharmacists can focus more on providing patient care, counseling, and addressing medication-related concerns. This improves overall workflow efficiency and enhances the quality of patient care in pharmacies.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Segments Covered
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Product (Systems, Software and Services), Pharmacy Type (Independent, Chain and Federal), Pharmacy Size (Large Size Pharmacy, Medium Size Pharmacy and Small Size Pharmacy), Application (Drug Dispensing and Packaging, Drug Storage and Inventory Management), End User (Inpatient Pharmacies, Outpatient Pharmacies, Retail Pharmacies, Online Pharmacies, Central Fill/Mail Order Pharmacies, Pharmacy Benefit Management Organizations, and Others), Distribution Channel (Direct Tender and Third Party Distributor)
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Market Players Covered
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Talyst, LLC. (U.S.), ARxIUM (U.S.), OMNICELL. (U.S.), Cerner Corporation (U.S.), Capsa Healthcare (U.S.), Parata Systems, LLC (U.S.), ScriptPro LLC (U.S.), RxSafe, LLC. (U.S.), RxMedic Systems, Inc. (U.S.), MedAvail Technologies, Inc. (Canada), Asteres Inc. (U.S.), PerceptiMed (U.S.), BD (U.S.), Baxter (U.S.), Fullscript (Canada), McKesson Corporation (U.S.), Innovation Associates (U.S.) AmerisourceBergen Corporation (U.S.), vitabook GmbH (Austria), UNIVERSAL LOGISTICS HOLDINGS, INC. (Japan), Takazono Corporation (Japan), TOSHO co., Inc. (Japan), Gebr. Willach GmbH (Germany), Global Healthcare Exchange, LLC. (U.S.), BIQHS (U.K.), Grifols, S.A. (Barcelona, Spain), Synergy Medical (U.S.), Yuyama (Japan), APD Algoritmos Procesos y Diseños S.A (Colombia) among others.
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The pharmacy automation market is segmented on the basis of product, pharmacy type, pharmacy size, application and end user.
- On the basis of product, the pharmacy automation market is segmented into systems, software, and services.
- On the basis of pharmacy type, the pharmacy automation market is segmented into independent, chain, and federal.
- On the basis of pharmacy size, the pharmacy automation market is segmented into large size pharmacy, medium size pharmacy, and small size pharmacy.
- On the basis of application, the pharmacy automation market is segmented into drug dispensing and packaging, drug storage and inventory management.
- On the basis of end user, the pharmacy automation market is segmented into inpatient pharmacies, outpatient pharmacies, retail pharmacies, online pharmacies, central fill/mail order pharmacies, pharmacy benefit management organizations, and others.
- On the basis of distribution channel, the pharmacy automation market is segmented into direct tender and third party distributor.
Major Players
Data Bridge Market Research recognizes the following companies as the major Pharmacy Automation market players in Pharmacy Automation market are RxMedic Systems, Inc. (U.S.), MedAvail Technologies, Inc. (Canada), Asteres Inc. (U.S.), PerceptiMed (U.S.), BD (U.S.), Baxter (U.S.), Fullscript (Canada), McKesson Corporation (U.S.), Innovation Associates (U.S.)
Market Development
- In 2022, Capsa Healthcare announced the acquisition of Humanscale Healthcare (US), a designer and manufacturer of flexible technology solutions and computing workstations based in New York. Combined, Capsa now offers the broadest product suite in the market and expands its ability to provide ergonomically tailored point-of-care computing solutions to healthcare partners worldwide.
- In 2022, Capsa Healthcare (US) announced an expansion to its suite of NexsysADC automated dispensing cabinets. NexsysADC can accommodate any size of controlled or high-value medications or supplies in two new sizes of Controlled Access Module Drawers.
- In 2021, Innovation Associates (US) launched SmartPod, a next-generation robot for central-fill pharmacy environments. SmartPod allows providers to adjust and scale their centralized fulfillment solutions to meet demands.
- In 2021, Omnicell, Inc. (US) acquired ReCept Holdings, Inc., (US) along with its specialty pharmacy management services for health systems, provider groups, and federally qualified health centers (FQHCs), to expand its Advanced Services portfolio.
- In 2021, Swisslog Healthcare entered into an innovation agreement with Centre Hospitalier - Le Mans to synergize their expertise in the pharmacy field through the automated packaging and dispensing system, TheraPick.
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