Middle East & Africa Pharmacy Automation Systems Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

Analysis - by Type [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] and End User (Hospital Pharmacy, Retail Pharmacy, and Others)


No. of Pages: 82    |    Report Code: BMIRE00029711    |    Category: Life Sciences

Middle East & Africa Pharmacy Automation Systems Market
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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; it is estimated to grow at a CAGR of 7.8% from 2022 to 2030.

Artificial Intelligence (AI) in the Pharmacy Sector Fuel the Middle East & Africa Pharmacy Automation Systems Market

Artificial intelligence (AI) has brought a significant evolution in the healthcare sector. AI complements the deployment of robotics in drug and medicine businesses. In addition, it has the potential to assist pharmacists and clinical personnel in identifying problems such as potentially harmful drug interactions, cross-verifying patient data, drug-disease contraindications, drug-drug interactions, improper dosages, and repetition of drug therapies more effectively than ever. In addition to solving these problems, AI can provide real-time guidance when prescribing medicine, dispensing, and administering medicine. Moreover, AI would help provide personalized medicines to patients, aiding in pharmacy management. AI in medicine dispensing will enhance the efficiency of automated dispensing cabinets, pill dispensers, and their features, such as alarm modules, speakers, and other features. Thus, AI has the capability to reduce pharmacists' efforts in medicine dispensing, allowing them to focus more on patient care.

Middle East & Africa Pharmacy Automation Systems Market Overview

The Middle East & Africa pharmacy automation systems market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Development in healthcare facilities and the growing expansion of regional healthcare companies are driving the market growth.

The UAE is among the region's largest pharmacy automation systems market. The growth of the market in the country is attributed to growing developments by operating players and the rising adoption of robotics pharmacy systems. For instance, in March 2022, Emirates Health Services (EHS) launched four robotic pharmacies that can provide smart alerts to measure humidity and temperature to maintain the quality of medicines. The adoption of robotic pharmacies is seen across the country. The installed pharmacy automated systems are developed domestically by international players. For instance, Fujairah Hospital has installed PharmaFlow solutions integrated with BD Rowa Vmax.

Middle East & Africa Pharmacy Automation Systems Market Revenue and Forecast to 2030 (US$ Million)

 

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Middle East & Africa Pharmacy Automation Systems Strategic Insights

Strategic insights for the Middle East & Africa Pharmacy Automation Systems provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Middle East & Africa Pharmacy Automation Systems Report Scope

Report Attribute Details
Market size in 2022 US$ 250.23 Million
Market Size by 2030 US$ 457.17 Million
Global CAGR (2022 - 2030) 7.8%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Type
  • Automation Medication Dispensing Systems
  • Automated Packaging and Labelling Systems
  • Automated Table-Top Counters
  • Automated Storage and Retrieval Systems
  • Other Types
By End User
  • Hospital Pharmacy
  • Retail Pharmacy
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Becton Dickinson and Co
  • Capsa Solutions LLC
  • Omnicell Inc
  • Oracle Corp
  • Veradigm LLC
  • Swisslog Healthcare AG
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    Middle East & Africa Pharmacy Automation Systems Regional Insights

    The geographic scope of the Middle East & Africa Pharmacy Automation Systems refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Middle East & Africa Pharmacy Automation Systems Market Segmentation

    The Middle East & Africa pharmacy automation systems market is segmented based on type, end user, and country.

    Based on type, the Middle East & Africa pharmacy automation systems market is segmented 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 the largest market share in 2022.

    Based on end user, the Middle East & Africa pharmacy automation systems market is segmented into hospital pharmacy, retail pharmacy, and others. The hospital pharmacy segment held the largest market share in 2022.

    Based on country, the Middle East & Africa pharmacy automation systems market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. South Africa dominated the Middle East & Africa pharmacy automation systems market share in 2022.

    Becton Dickinson and Co, Capsa Solutions LLC, Omnicell Inc, Oracle Corp, Veradigm LLC, and Swisslog Healthcare AG are some of the leading companies operating in the Middle East & Africa pharmacy automation systems market.

    The List of Companies - Middle East & Africa Pharmacy Automation Systems Market

    1. Becton Dickinson and Co
    2. Capsa Solutions LLC
    3. Omnicell Inc
    4. Oracle Corp
    5. Veradigm LLC
    6. Swisslog Healthcare AG

    Frequently Asked Questions
    How big is the Middle East & Africa Pharmacy Automation Systems Market?

    The Middle East & Africa Pharmacy Automation Systems Market is valued at US$ 250.23 Million in 2022, it is projected to reach US$ 457.17 Million by 2030.

    What is the CAGR for Middle East & Africa Pharmacy Automation Systems Market by (2022 - 2030)?

    As per our report Middle East & Africa Pharmacy Automation Systems Market, the market size is valued at US$ 250.23 Million in 2022, projecting it to reach US$ 457.17 Million by 2030. This translates to a CAGR of approximately 7.8% during the forecast period.

    What segments are covered in this report?

    The Middle East & Africa Pharmacy Automation Systems Market report typically cover these key segments-

    • Type (Automation Medication Dispensing Systems, Automated Packaging and Labelling Systems, Automated Table-Top Counters, Automated Storage and Retrieval Systems, Other Types)
    • End User (Hospital Pharmacy, Retail Pharmacy)

    What is the historic period, base year, and forecast period taken for Middle East & Africa Pharmacy Automation Systems Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Pharmacy Automation Systems Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
  • Who are the major players in Middle East & Africa Pharmacy Automation Systems Market?

    The Middle East & Africa Pharmacy Automation Systems Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Becton Dickinson and Co
  • Capsa Solutions LLC
  • Omnicell Inc
  • Oracle Corp
  • Veradigm LLC
  • Swisslog Healthcare AG
  • Who should buy this report?

    The Middle East & Africa Pharmacy Automation Systems Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East & Africa Pharmacy Automation Systems Market value chain can benefit from the information contained in a comprehensive market report.

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