The global pharmacy automation market size was USD 5.4 Billion in 2022 and is expected to register a revenue CAGR of 9% during the forecast period. Increasing patient safety concerns and rising demand for medication inventory management and efficient and error-free medication dispensing operations are major factors driving market revenue growth. Revenue growth of the market for pharmacy automation is driven by rapid development of medical technology as well as rising use of Electronic Health Records (EHRs) and Electronic Prescription (e-Prescribing).

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