Japan Pharmacy Automation Devices Market Size & Outlook
The pharmacy automation devices market in Japan is expected to reach a projected revenue of US$ 525.1 million by 2030. A compound annual growth rate of 10% is expected of Japan pharmacy automation devices market from 2024 to 2030.
Japan pharmacy automation devices market highlights
The Japan pharmacy automation devices market generated a revenue of USD 269.5 million in 2023 and is expected to reach USD 525.1 million by 2030.
The Japan market is expected to grow at a CAGR of 10% from 2024 to 2030.
In terms of segment, medication dispensing systems was the largest revenue generating product in 2023.
Automated Medication Compounding Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Pharmacy automation devices market data book summary
Market revenue in 2023
USD 269.5 million
Market revenue in 2030
USD 525.1 million
Growth rate
10% (CAGR from 2023 to 2030)
Largest segment
Medication dispensing systems
Fastest growing segment
Automated Medication Compounding Systems
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Packaging And Labeling Systems, Storage And Retrieval Systems, Automated Medication Compounding Systems, Tabletop Tablet Counters, Medication Dispensing Systems
Key market players worldwide
AmerisourceBergen Drug Corporation, Accu-Chart Plus Healthcare Systems, Omnicell Inc, McKesson Corp, Pearson Medical Technologies, Baxter International Inc, Swisslog, Health Robotics S.R.L, Becton Dickinson & Co, Kirby Lester, Oracle Corp, ARxIUM, Deenova, ScriptPro, Fulcrum Therapeutics, Medacist, IA Medical, TouchPoint Medical
Other key industry trends
In terms of revenue, Japan accounted for 4.5% of the global pharmacy automation devices market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China pharmacy automation devices market is projected to lead the regional market in terms of revenue in 2030.
China is the fastest growing regional market in Asia Pacific and is projected to reach USD 580.8 million by 2030.
The ongoing COVID-19 pandemic is creating a strong demand for automation in various sectors, including pharmaceutical, food & beverage, and logistics to ensure high hygienic standards and emphasizing the potential of automation by enabling supply chains to continue functioning while protecting employee welfare.
According to the article published by Robotics & Automation in October 2020, Japan accounted for 49,900 units of industrial robot installations. This, in turn, is positively impacting market growth.
According to the Ministry of Health, Labor and Welfare (MHLW)’s Annual Pharmaceutical Production Statistics, in Japan, the demand for drugs is increasing due to growing geriatric population and rising prevalence of chronic diseases. As a result, the workload of pharmacies is increasing to provide appropriate dosage while eliminating medication errors, which would impel demand for pharmacy automation.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Pharmacy Automation Devices Market Outlook will help companies and investors design strategic landscapes.
Medication Dispensing Systems was the largest segment with a revenue share of 23.97% in 2023.
Horizon Databook has segmented the Japan pharmacy automation devices market based on packaging and labeling systems, storage and retrieval systems, automated medication compounding systems, tabletop tablet counters, medication dispensing systems covering the revenue growth of each sub-segment from 2018 to 2030.
The ongoing COVID-19 pandemic is creating a strong demand for automation in various sectors, including pharmaceutical, food & beverage, and logistics to ensure high hygienic standards and emphasizing the potential of automation by enabling supply chains to continue functioning while protecting employee welfare.
According to the article published by Robotics & Automation in October 2020, Japan accounted for 49,900 units of industrial robot installations. This, in turn, is positively impacting market growth.
According to the Ministry of Health, Labor and Welfare (MHLW)’s Annual Pharmaceutical Production Statistics, in Japan, the demand for drugs is increasing due to growing geriatric population and rising prevalence of chronic diseases. As a result, the workload of pharmacies is increasing to provide appropriate dosage while eliminating medication errors, which would impel demand for pharmacy automation.
Japan Pharmacy Automation Devices Market Product Outlook (Revenue, USD Million , 2018-2030)
Packaging And Labeling Systems
Storage And Retrieval Systems
Automated Medication Compounding Systems
Tabletop Tablet Counters
Medication Dispensing Systems
Japan Pharmacy Automation Devices Market End-Use Outlook (Revenue, USD Million , 2018-2030)
Retail Pharmacy
Inpatient Pharmacies
Outpatient Pharmacies
Pharmacy Benefit Management Organizations and Mail-Order Pharmacies
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Pharmacy Automation Devices Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Pharmacy Automation Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Japan Pharmacy Automation Devices Market, 2018-2030 (US$M)