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Automated Drug Kiosk Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5952579
The global automated drug kiosk market is expected to reach an estimated $17.4 billion by 2030 with a CAGR of 12.4% from 2024 to 2030.

The future of the global automated drug kiosk market looks promising with opportunities in the retail pharmacy and hospital & clinic markets. The major drivers for this market are increase in adoption of automated drug kiosks by pharmacists, rising demand of technology-driven healthcare solutions, and growing adoption rate of automated drugs in emerging countries.

Automated Drug Kiosk by Segment

This study includes a forecast for the global automated drug kiosk by product type, drug type, end use, and region.

Automated Drug Kiosk Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

  • Systems
  • Services

Automated Drug Kiosk Market by Drug Type [Shipment Analysis by Value from 2018 to 2030]:

  • Prescription
  • Over-the-Counter (OTC)
  • Others

Automated Drug Kiosk Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Retail Pharmacies
  • Hospitals & Clinics
  • Others

Automated Drug Kiosk Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Automated Drug Kiosk Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automated drug kiosk companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automated drug kiosk companies profiled in this report include:
  • MedAvail Technologies
  • Smart RX Systems
  • Medifriend
  • Stericycle
  • Omnicell
  • ScriptPro
  • PickPoint

Automated Drug Kiosk Market Insights

Prescription is expected to witness the higher growth over the forecast period due to the approval by regulatory bodies to allow the sale of prescription medicines through drug kiosks.

North America will remain the largest region over the forecast period due to existence of established healthcare infrastructure and favorable regulatory framework in the region.

Features of the Global Automated Drug Kiosk Market

  • Market Size Estimates: Automated drug kiosk market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Automated drug kiosk market size by product type, drug type, end use, and region in terms of value ($B).
  • Regional Analysis: Automated drug kiosk market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product type, drug type, end use, and regions for the automated drug kiosk market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automated drug kiosk market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the automated drug kiosk market size?
Answer: The global automated drug kiosk market is expected to reach an estimated $17.4 billion by 2030.

Q2. What is the growth forecast for automated drug kiosk market?
Answer: The global automated drug kiosk market is expected to grow with a CAGR of 12.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the automated drug kiosk market?
Answer: The major drivers for this market are increase in adoption of automated drug kiosks by pharmacists, rising demand of technology-driven healthcare solutions, and growing adoption rate of automated drugs in emerging countries.

Q4. What are the major segments for automated drug kiosk market?
Answer: The future of the global automated drug kiosk market looks promising with opportunities in the retail pharmacy and hospital & clinic markets.

Q5. Who are the key automated drug kiosk market companies?
Answer: Some of the key automated drug kiosk companies are as follows:
  • MedAvail Technologies
  • Smart RX Systems
  • Medifriend
  • Stericycle
  • Omnicell
  • ScriptPro
  • PickPoint
Q6. Which automated drug kiosk market segment will be the largest in future?
Answer: The publisher forecasts that prescription is expected to witness the higher growth over the forecast period due to the approval by regulatory bodies to allow the sale of prescription medicines through drug kiosks.

Q7. In automated drug kiosk market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to existence of established healthcare infrastructure and favorable regulatory framework in the region.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the automated drug kiosk market by product type (systems and services), drug type (prescription, over-the-counter (OTC), and others), end use (retail pharmacies, hospitals & clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Automated Drug Kiosk Market: Market Dynamics
2.1 Introduction, Background, and Classifications
2.2 Supply Chain
2.3 Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Automated Drug Kiosk Market Trends (2018-2023) and Forecast (2024-2030)
3.3 Global Automated Drug Kiosk Market by Product Type
3.3.1 Systems
3.3.2 Services
3.4 Global Automated Drug Kiosk Market by Drug Type
3.4.1 Prescription
3.4.2 Over-the-Counter (OTC)
3.4.3 Others
3.5 Global Automated Drug Kiosk Market by End Use
3.5.1 Retail Pharmacies
3.5.2 Hospitals & Clinics
3.5.3 Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1 Global Automated Drug Kiosk Market by Region
4.2 North American Automated Drug Kiosk Market
4.2.1 North American Automated Drug Kiosk Market by Drug Type: Prescription, Over-the-Counter (OTC), and Others
4.2.2 North American Automated Drug Kiosk Market by End Use: Retail Pharmacies, Hospitals & Clinics, and Others
4.3 European Automated Drug Kiosk Market
4.3.1 European Automated Drug Kiosk Market by Drug Type: Prescription, Over-the-Counter (OTC), and Others
4.3.2 European Automated Drug Kiosk Market by End Use: Retail Pharmacies, Hospitals & Clinics, and Others
4.4 APAC Automated Drug Kiosk Market
4.4.1 APAC Automated Drug Kiosk Market by Drug Type: Prescription, Over-the-Counter (OTC), and Others
4.4.2 APAC Automated Drug Kiosk Market by End Use: Retail Pharmacies, Hospitals & Clinics, and Others
4.5 RoW Automated Drug Kiosk Market
4.5.1 RoW Automated Drug Kiosk Market by Drug Type: Prescription, Over-the-Counter (OTC), and Others
4.5.2 RoW Automated Drug Kiosk Market by End Use: Retail Pharmacies, Hospitals & Clinics, and Others
5. Competitor Analysis
5.1 Product Portfolio Analysis
5.2 Operational Integration
5.3 Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1 Growth Opportunity Analysis
6.1.1 Growth Opportunities for the Global Automated Drug Kiosk Market by Product Type
6.1.2 Growth Opportunities for the Global Automated Drug Kiosk Market by Drug Type
6.1.3 Growth Opportunities for the Global Automated Drug Kiosk Market by End Use
6.1.4 Growth Opportunities for the Global Automated Drug Kiosk Market by Region
6.2 Emerging Trends in the Global Automated Drug Kiosk Market
6.3 Strategic Analysis
6.3.1 New Product Development
6.3.2 Capacity Expansion of the Global Automated Drug Kiosk Market
6.3.3 Mergers, Acquisitions, and Joint Ventures in the Global Automated Drug Kiosk Market
6.3.4 Certification and Licensing
7. Company Profiles of Leading Players
7.1 MedAvail Technologies
7.2 Smart RX Systems
7.3 Medifriend
7.4 Stericycle
7.5 Omnicell
7.6 ScriptPro
7.7 PickPoint

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • MedAvail Technologies
  • Smart RX Systems
  • Medifriend
  • Stericycle
  • Omnicell
  • ScriptPro
  • PickPoint

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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