Pharmacy Automation Industry Surges as Healthcare Providers Embrace Advanced Dispensing Solutions

According to the latest market research study published by P&S Intelligence, the global pharmacy automation market reached a valuation of USD 6,981.9 million in 2024 and is projected to grow at a CAGR of 7.50% from 2025 to 2032, reaching USD 11,684.5 million by 2032. 

This growth is fueled by increasing pressure on healthcare systems to reduce medication errors and improve patient safety—with automation systems being key tools for enhancing dispensing accuracy and operational efficiency. The adoption of these solutions is further driven by rising outpatient visits, expanding healthcare infrastructure, and growing demand for scalable, precise medication management platforms.

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Key Insights

• Market Structure & Forecast Development: The pharmacy automation market has evolved significantly from 2019 to 2032, showing strong expansion and diversification in system offerings.
• Revenue Growth Trajectory: The market grew from USD 6,981.9 million in 2024 to a projected USD 7,386.9 million in 2025, climbing to USD 11,684.5 million by 2032 at a steady CAGR of 7.5%.
• Primary Market Drivers: The surge in prescription and medication-related errors has created urgency for automation. Automated platforms help pharmacies and healthcare providers curb risks, increasing productivity and potentially saving lives and revenue.
• Fragmented Competitive Landscape: A diverse range of stakeholders—from robotics and software firms to traditional pharmacy solution providers—is contributing to market fragmentation and dynamic innovation.
• Technological Emphasis: Automated systems are being favored for their ability to streamline tasks—from dispensing to retrieval—while integrating advances in robotics and data analytics to boost throughput and accuracy.
• Regulatory & Safety Influences: Tighter medical safety regulations and initiatives aimed at reducing prescription errors are pushing healthcare providers to invest in automated dispensing and storage systems.
• Future Outlook: As patient volumes increase and medication delivery systems grow in complexity, automation platforms will become increasingly essential. Their capacity to enhance precision, safety, and efficiency positions the market for continued growth through 2032.

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What Is the Importance of Adhesive Tapes in the Health Care Sector?

Adhesive tapes are a mixture of a material and an adhesive film and are utilized to tie or join things together instead of utilizing welding, fasteners, and screws. Putting on adhesive tapes instead of mechanical fasteners allows you to utilize lower-temperature applications, which can streamline manufacturing procedures.

The adhesive tapes market is experiencing growth and is projected to reach USD 103,040 million by 2030.

Medical Adhesive Tapes

Surgical tape or medical adhesive tape is utilized to attach gauze, bandages, and other dressings to the skin around injuries. The majority of adhesive tapes are pressure-sensitive tape; i.e., tapes that stick and remain in place with steady pressure. There's no requirement for heat initiation or a solvent. Medical adhesive tape can be created from several materials, but most are breathable for ease and simple to utilize.

What Are Adhesive Tapes Made Of?

Adhesive tapes contain a material known as backing or carrier plastic film, paper, cloth, foil, foam, etc., which is covered with glue and a release liner if required. The adhesive-coated backing or carrier is then coiled up to create a long huge roll of tape. The huge roll is then split into narrow-width bands to make several rolls of tape.

Most Popular Kinds of Adhesive Tapes:

Pressure-sensitive adhesives are sticky at room temperature in dry form. They stick firmly to a range of surfaces and need only the function of a finger or hand. PSAs do not need water, solvent, or warmth activation in order to attach to materials including metal, wood, cement, paper, plastic, and glass. The suggested bonding pressure is 14.5 – 29 psi =^ 10 – 20 N/cm².

Heat-activated tape is habitually tack-free till it is stimulated by a heat source. The heat-triggered tape needs time at higher temperatures at 180˚F or advanced to make a bond. Heat-stimulated adhesive enables aggressive tie to complex surfaces including EPDM, rubber, PVC, and PU- based plastic materials. It can be created with diverse carriers that are appropriate for a range of applications.

Water-activated tape, stuck paper tape, or gummed tape is a starch or an animal adhesive-built glue on a kraft paper backing which turns gluey when moisturized. Water-activated tape is low-priced and is utilized for closing and sealing boxes.

Non-adhesive tapes, films, or covers do not have a functional glue mainly due to they are self-adhering. PTFE thread-sealing tape is a kind of non-adhesive tape.

Hence, the main boosting factors in the adhesive tapes industry are the increasing healthcare industry, technological improvements, growing research and development expenditure by industry hulks, and the growth in innovative product launches.

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Automobile Industry To have the Fastest Growth in the Ethyl Acetate Market

In 2021, ethyl acetate market was valued at about $4,415 million, and this will increase to above $8,443 million by 2030, advancing at a growth rate of 8% in the future. This is credited to the increasing use of synthetic solvents for flavouring food products; the snowballing purchase rate of goods like adhesives, nail paint removers, and printing inks, in which the solvent is employed; and the increasing number of infra-activities around the world.

The automobile industry will have the fastest growth in the years to come, proceeding at a growth rate of around 8% in the industry. This can be mainly credited to the factors like the exponentially increasing automobile industry, increasing use of synthetic leather in automobiles, enduring technological progressions, and economic development of OEMs and aftermarket players.

Food & beverage had the largest revenue share, of above 25%, in the year 2021, in the ethyl acetate market and it is further dominate the industry in the future. This is due to the wide use of this chemical in packaged food and beverages, the surging requirement for packaged food, the increasing population around the world, the increasing customer spending, and the increasing product portfolio of prominent market players.

Ethyl acetate is extensively used as a flavouring agent and fragrance to and gives a sweet taste to products like cough syrups, perfumes, soaps, air fresheners, cosmetic products, and mouthwashes. Furthermore, the demand for this chemical has augmented, because of the rising requirement for flavouring agents and perfumes from cosmetic, houseware, and toiletry producers. Also, continuing R&D initiatives including aroma chemicals are helping the industry to grow.

Because of the increasing demand for artificial leather, growing automotive, construction and pharma sector has a lot to do with the growing demand for ethyl acetate across the globe.

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