The Europe Pharmacy Inventory Management Software Solutions And Cabinets Market would witness market growth of 7.0% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $660.1 Million by 2031. The UK market is exhibiting a CAGR of 6.2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 8.2% during (2024 - 2031).
Pharmacy inventory management cabinets, often called automated dispensing cabinets (ADCs), are secure, automated storage units that store and dispense medications. These cabinets are typically equipped with advanced technology, such as barcode scanners and RFID (radio-frequency identification), to track the storage and retrieval of medications accurately. They allow pharmacies to maintain secure access to high-value or controlled substances, ensuring only authorized personnel can retrieve them.
Moreover, the pharmacy inventory management software solutions and cabinets market is integral to the broader healthcare and pharmaceutical sectors, representing the confluence of technology, medicine, and logistics. As the healthcare industry evolves to embrace technological innovation, pharmacies are increasingly adopting advanced tools to optimize their inventory management processes.
The United Kingdom is a key player in adopting pharmacy inventory management solutions, owing to its strong pharmaceutical industry and commitment to technological advancement. The UK is home to major pharmaceutical companies, such as GlaxoSmithKline and AstraZeneca, and boasts a well-established research ecosystem supported by government funding and private investment. According to the UK Government, pharmaceutical R&D accounted for 18% of all R&D performed by businesses in the UK in 2022, the highest of any product area. Such initiatives drive the adoption of advanced pharmacy inventory management solutions, optimizing operations, and improving patient care.
Free Valuable Insights: The Global Pharmacy Inventory Management Software Solutions and Cabinets Market will Hit USD 10.5 Billion by 2031, at a CAGR of 7.7%
Based on Type, the market is segmented into Cabinets/Systems, and Software Solutions. Based on End Use, the market is segmented into Independent Pharmacies, LTC, and Hospital Pharmacies. Based on Mode of Operations, the market is segmented into Decentralized and Centralized. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- ARxIUM, Inc.
- Epicor Software Corporation
- Omnicell, Inc.
- McKesson Corporation
- Becton, Dickinson and Company
- Cardinal Health, Inc.
- Oracle Corporation (Cerner Corporation)
- Capsa Healthcare LLC
- Accu-Chart Plus Healthcare Systems, Inc.
- ScriptPro, LLC
Europe Pharmacy Inventory Management Software Solutions and Cabinets Market Report Segmentation
By Type
- Cabinets/Systems
- Software Solutions
By End Use
- Independent Pharmacies
- LTC
- Hospital Pharmacies
By Mode of Operations
- Decentralized
- Centralized
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, by Type
1.4.2 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, by End Use
1.4.3 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, by Mode of Operations
1.4.4 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Product Launches and Product Expansions
4.2.2 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Oct – 2024, Sep) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
5.1 Europe Cabinets/Systems Market by Country
5.2 Europe Software Solutions Market by Country
Chapter 6. Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
6.1 Europe Independent Pharmacies Market by Country
6.2 Europe LTC Market by Country
6.3 Europe Hospital Pharmacies Market by Country
Chapter 7. Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
7.1 Europe Decentralized Market by Country
7.2 Europe Centralized Market by Country
Chapter 8. Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Country
8.1 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market
8.1.1 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
8.1.2 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
8.1.3 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
8.2 UK Pharmacy Inventory Management Software Solutions And Cabinets Market
8.2.1 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
8.2.2 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
8.2.3 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
8.3 France Pharmacy Inventory Management Software Solutions And Cabinets Market
8.3.1 France Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
8.3.2 France Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
8.3.3 France Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
8.4 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market
8.4.1 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
8.4.2 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
8.4.3 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
8.5 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market
8.5.1 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
8.5.2 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
8.5.3 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
8.6 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market
8.6.1 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
8.6.2 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
8.6.3 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
8.7 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market
8.7.1 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
8.7.2 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
8.7.3 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
Chapter 9. Company Profiles
9.1 ARxIUM, Inc.
9.1.1 Company Overview
9.2 Epicor Software Corporation
9.2.1 Company Overview
9.3 Omnicell, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.5.2 Acquisition and Mergers:
9.4 McKesson Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Becton, Dickinson, and Company
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Cardinal Health, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Product Launches and Product Expansions:
9.6.4.2 Acquisition and Mergers:
9.6.5 SWOT Analysis
9.7 Oracle Corporation (Cerner Corporation)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Capsa Healthcare LLC
9.8.1 Company Overview
9.9 Accu-Chart Plus Healthcare Systems, Inc.
9.9.1 Company Overview
9.10. ScriptPro, LLC
9.10.1 Company Overview
TABLE 1 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 2 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 3 Product Launches And Product Expansions– Pharmacy Inventory Management Software Solutions And Cabinets Market
TABLE 4 Acquisition and Mergers– Pharmacy Inventory Management Software Solutions And Cabinets Market
TABLE 5 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 6 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 7 Europe Cabinets/Systems Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Cabinets/Systems Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Software Solutions Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Software Solutions Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 12 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 13 Europe Independent Pharmacies Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Independent Pharmacies Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe LTC Market by Country, 2020 - 2023, USD Million
TABLE 16 Europe LTC Market by Country, 2024 - 2031, USD Million
TABLE 17 Europe Hospital Pharmacies Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Hospital Pharmacies Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 20 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 21 Europe Decentralized Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Decentralized Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe Centralized Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe Centralized Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Country, 2024 - 2031, USD Million
TABLE 27 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 28 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 29 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 30 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 31 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 32 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 33 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 34 Germany Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 35 UK Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 36 UK Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 37 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 38 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 39 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 40 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 41 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 42 UK Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 43 France Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 44 France Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 45 France Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 46 France Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 47 France Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 48 France Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 49 France Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 50 France Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 51 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 52 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 53 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 54 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 55 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 56 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 57 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 58 Russia Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 59 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 60 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 61 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 62 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 63 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 64 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 65 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 66 Spain Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 67 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 68 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 69 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 70 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 71 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 72 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 73 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 74 Italy Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 75 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 76 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 77 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 78 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 79 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 80 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 81 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 82 Rest of Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 83 key information – ARxIUM, Inc.
TABLE 84 Key Information – Epicor Software Corporation
TABLE 85 Key Information – Omnicell, Inc.
TABLE 86 Key Information – McKesson Corporation
TABLE 87 Key Information – Becton, Dickinson and Company
TABLE 88 key information – Cardinal Health, Inc.
TABLE 89 Key Information – Oracle Corporation
TABLE 90 Key Information – Capsa Solutions LLC
TABLE 91 Key Information – Accu-Chart Plus Healthcare Systems, Inc.
TABLE 92 key Information – ScriptPro, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Pharmacy Inventory Management Software Solutions And Cabinets Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 6 Key Strategic Move: (Product Launches and Product Expansions : 2022, Oct – 2024, Sep) Leading Players
FIG 7 Porter’s Five Forces Analysis – Pharmacy Inventory Management Software Solutions And Cabinets Market
FIG 8 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market share by Type, 2023
FIG 9 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market share by Type, 2031
FIG 10 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2031, USD Million
FIG 11 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market share by End Use, 2023
FIG 12 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market share by End Use, 2031
FIG 13 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2031, USD Million
FIG 14 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market share by Mode of Operations, 2023
FIG 15 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market share by Mode of Operations, 2031
FIG 16 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2031, USD Million
FIG 17 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market share by Country, 2023
FIG 18 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market share by Country, 2031
FIG 19 Europe Pharmacy Inventory Management Software Solutions And Cabinets Market by Country, 2020 - 2031, USD Million
FIG 20 Recent strategies and developments: Omnicell, Inc.
FIG 21 SWOT Analysis: McKesson Corporation
FIG 22 SWOT Analysis: Becton, Dickinson and company
FIG 23 Recent strategies and developments: Cardinal Health, Inc.
FIG 24 Swot Analysis: Cardinal Health, Inc.
FIG 25 SWOT Analysis: Cerner Corporation