Product Code: ETC6188178 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Automation in pharmacies across Australia is gaining traction due to the need for accuracy, efficiency, and reduced labor costs. The market covers technologies that automate prescription fulfillment, medication dispensing, and inventory management, contributing to improved workflow and patient safety.
The pharmacy automation market in Australia is being driven by the growing demand for efficiency and accuracy in medication dispensing. Hospitals and retail pharmacies are increasingly implementing automated dispensing cabinets, robotic systems, and medication management software to reduce human error and streamline operations. Additionally, the rise in chronic diseases and an aging population necessitate improved medication adherence, which is supported by automation technologies.
Adoption barriers include high upfront installation costs and complex integration with existing pharmacy management systems. Many smaller pharmacies hesitate due to concerns about ROI and technical know-how. Additionally, system downtimes or failures can severely disrupt pharmacy operations.
The pharmacy automation sector is backed by government incentives for digital transformation in healthcare and aged care services. Policies promote investment in smart dispensing systems, robotic solutions, and telepharmacy, particularly for rural and remote areas. Tax rebates on automation equipment and grants for digital infrastructure in pharmacies add to market appeal.
Policies from the Department of Health encourage digital transformation and automation in healthcare settings to reduce medication errors and improve workflow efficiency. Through various grants and infrastructure development initiatives, the government incentivizes the adoption of pharmacy automation technologies in both hospital and community settings.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Pharmacy Automation Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Pharmacy Automation Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Pharmacy Automation Market - Industry Life Cycle |
3.4 Australia Pharmacy Automation Market - Porter's Five Forces |
3.5 Australia Pharmacy Automation Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Pharmacy Automation Market Revenues & Volume Share, By Pharmacy Type, 2021 & 2031F |
3.7 Australia Pharmacy Automation Market Revenues & Volume Share, By Pharmacy Size, 2021 & 2031F |
3.8 Australia Pharmacy Automation Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Australia Pharmacy Automation Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.10 Australia Pharmacy Automation Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Australia Pharmacy Automation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Pharmacy Automation Market Trends |
6 Australia Pharmacy Automation Market, By Types |
6.1 Australia Pharmacy Automation Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Pharmacy Automation Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Pharmacy Automation Market Revenues & Volume, By Systems, 2021- 2031F |
6.1.4 Australia Pharmacy Automation Market Revenues & Volume, By Software, 2021- 2031F |
6.1.5 Australia Pharmacy Automation Market Revenues & Volume, By Services, 2021- 2031F |
6.2 Australia Pharmacy Automation Market, By Pharmacy Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Pharmacy Automation Market Revenues & Volume, By Independent, 2021- 2031F |
6.2.3 Australia Pharmacy Automation Market Revenues & Volume, By Chain, 2021- 2031F |
6.2.4 Australia Pharmacy Automation Market Revenues & Volume, By Federal, 2021- 2031F |
6.3 Australia Pharmacy Automation Market, By Pharmacy Size |
6.3.1 Overview and Analysis |
6.3.2 Australia Pharmacy Automation Market Revenues & Volume, By Large Size Pharmacy, 2021- 2031F |
6.3.3 Australia Pharmacy Automation Market Revenues & Volume, By Medium Size Pharmacy, 2021- 2031F |
6.3.4 Australia Pharmacy Automation Market Revenues & Volume, By Small Size Pharmacy, 2021- 2031F |
6.4 Australia Pharmacy Automation Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Australia Pharmacy Automation Market Revenues & Volume, By Drug Dispensing And Packaging, 2021- 2031F |
6.4.3 Australia Pharmacy Automation Market Revenues & Volume, By Drug Storage, 2021- 2031F |
6.4.4 Australia Pharmacy Automation Market Revenues & Volume, By Inventory Management, 2021- 2031F |
6.5 Australia Pharmacy Automation Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Australia Pharmacy Automation Market Revenues & Volume, By Inpatient Pharmacies, 2021- 2031F |
6.5.3 Australia Pharmacy Automation Market Revenues & Volume, By Outpatient Pharmacies, 2021- 2031F |
6.5.4 Australia Pharmacy Automation Market Revenues & Volume, By Retail Pharmacies, 2021- 2031F |
6.5.5 Australia Pharmacy Automation Market Revenues & Volume, By Online Pharmacies, 2021- 2031F |
6.5.6 Australia Pharmacy Automation Market Revenues & Volume, By Central Fill/mail Order Pharmacies, 2021- 2031F |
6.5.7 Australia Pharmacy Automation Market Revenues & Volume, By Pharmacy Benefit Management Organizations, 2021- 2031F |
6.6 Australia Pharmacy Automation Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Australia Pharmacy Automation Market Revenues & Volume, By Direct Tender, 2021- 2031F |
6.6.3 Australia Pharmacy Automation Market Revenues & Volume, By Third Party Distributor, 2021- 2031F |
7 Australia Pharmacy Automation Market Import-Export Trade Statistics |
7.1 Australia Pharmacy Automation Market Export to Major Countries |
7.2 Australia Pharmacy Automation Market Imports from Major Countries |
8 Australia Pharmacy Automation Market Key Performance Indicators |
9 Australia Pharmacy Automation Market - Opportunity Assessment |
9.1 Australia Pharmacy Automation Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Pharmacy Automation Market Opportunity Assessment, By Pharmacy Type, 2021 & 2031F |
9.3 Australia Pharmacy Automation Market Opportunity Assessment, By Pharmacy Size, 2021 & 2031F |
9.4 Australia Pharmacy Automation Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Australia Pharmacy Automation Market Opportunity Assessment, By End User, 2021 & 2031F |
9.6 Australia Pharmacy Automation Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Australia Pharmacy Automation Market - Competitive Landscape |
10.1 Australia Pharmacy Automation Market Revenue Share, By Companies, 2024 |
10.2 Australia Pharmacy Automation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |