North America Pharmacy Inventory Management Software Solutions and Cabinets Market Size, Share & Trends Analysis Report By Type (Cabinets/Systems, and Software Solutions), By End Use, By Mode of Operations, By Country and Growth Forecast, 2024 - 2031

The North America Pharmacy Inventory Management Software Solutions And Cabinets Market would witness market growth of 7.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America 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 $3,013 Million by 2031. The Canada market is experiencing a CAGR of 9.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 9% during (2024 - 2031).

Pharmacy inventory management software solutions and cabinets are technological tools designed to optimize pharmaceutical products' management, tracking, and storage within a pharmacy. Specifically, pharmacy inventory management software solutions are digital systems used to automate the management of pharmaceutical inventories.

Additionally, these software solutions help pharmacies maintain accurate stock records, monitor medication movement, and track expiry dates. They typically include features like barcode scanning, automated reordering, inventory level monitoring, and reporting functions.

The region's advanced healthcare infrastructure, strong regulatory framework, and continuous technological advancements drive the demand for pharmacy inventory management software solutions and cabinets. In the United States, the demand for these solutions is closely linked to substantial healthcare spending, which reached approximately $4.5 trillion in 2022, equating to $13,493 per capita, or 17.3% of the nation's GDP. This significant investment is driven by the widespread use of advanced medical technologies, the rising incidence of chronic diseases, and an aging population. These factors fuel the growing need for efficient pharmacy inventory management systems to manage medication stock, ensure availability, and improve healthcare operations.

Free Valuable Insights: The Pharmacy Inventory Management Software Solutions and Cabinets Market is Predict to reach 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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Pharmacy Inventory Management Software Solutions And Cabinets Market, by Type
1.4.2 North America Pharmacy Inventory Management Software Solutions And Cabinets Market, by End Use
1.4.3 North America Pharmacy Inventory Management Software Solutions And Cabinets Market, by Mode of Operations
1.4.4 North America 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. North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
5.1 North America Cabinets/Systems Market by Region
5.2 North America Software Solutions Market by Region

Chapter 6. North America Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
6.1 North America Independent Pharmacies Market by Country
6.2 North America LTC Market by Country
6.3 North America Hospital Pharmacies Market by Country

Chapter 7. North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
7.1 North America Decentralized Market by Country
7.2 North America Centralized Market by Country

Chapter 8. North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Country
8.1 US Pharmacy Inventory Management Software Solutions And Cabinets Market
8.1.1 US Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
8.1.2 US Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
8.1.3 US Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
8.2 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market
8.2.1 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
8.2.2 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
8.2.3 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
8.3 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market
8.3.1 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
8.3.2 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
8.3.3 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations
8.4 Rest of North America Pharmacy Inventory Management Software Solutions And Cabinets Market
8.4.1 Rest of North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Type
8.4.2 Rest of North America Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use
8.4.3 Rest of North America 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 North America Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 2 North America 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 North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 6 North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 7 North America Cabinets/Systems Market by Region, 2020 - 2023, USD Million
TABLE 8 North America Cabinets/Systems Market by Region, 2024 - 2031, USD Million
TABLE 9 North America Software Solutions Market by Region, 2020 - 2023, USD Million
TABLE 10 North America Software Solutions Market by Region, 2024 - 2031, USD Million
TABLE 11 North America Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 12 North America Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 13 North America Independent Pharmacies Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Independent Pharmacies Market by Country, 2024 - 2031, USD Million
TABLE 15 North America LTC Market by Country, 2020 - 2023, USD Million
TABLE 16 North America LTC Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Hospital Pharmacies Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Hospital Pharmacies Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 20 North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 21 North America Decentralized Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Decentralized Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Centralized Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Centralized Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Country, 2024 - 2031, USD Million
TABLE 27 US Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 28 US Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 29 US Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 30 US Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 31 US Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 32 US Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 33 US Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 34 US Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 35 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 36 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 37 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 38 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 39 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 40 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 41 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 42 Canada Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 43 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 44 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 45 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 46 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 47 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 48 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 49 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 50 Mexico Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 51 Rest of North America Pharmacy Inventory Management Software Solutions And Cabinets Market, 2020 - 2023, USD Million
TABLE 52 Rest of North America Pharmacy Inventory Management Software Solutions And Cabinets Market, 2024 - 2031, USD Million
TABLE 53 Rest of North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2023, USD Million
TABLE 54 Rest of North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2024 - 2031, USD Million
TABLE 55 Rest of North America Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2023, USD Million
TABLE 56 Rest of North America Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2024 - 2031, USD Million
TABLE 57 Rest of North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2023, USD Million
TABLE 58 Rest of North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2024 - 2031, USD Million
TABLE 59 key information – ARxIUM, Inc.
TABLE 60 Key Information – Epicor Software Corporation
TABLE 61 Key Information – Omnicell, Inc.
TABLE 62 Key Information – McKesson Corporation
TABLE 63 Key Information – Becton, Dickinson and Company
TABLE 64 key information – Cardinal Health, Inc.
TABLE 65 Key Information – Oracle Corporation
TABLE 66 Key Information – Capsa Solutions LLC
TABLE 67 Key Information – Accu-Chart Plus Healthcare Systems, Inc.
TABLE 68 key Information – ScriptPro, LLC

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Pharmacy Inventory Management Software Solutions And Cabinets Market share by Type, 2023
FIG 9 North America Pharmacy Inventory Management Software Solutions And Cabinets Market share by Type, 2031
FIG 10 North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Type, 2020 - 2031, USD Million
FIG 11 North America Pharmacy Inventory Management Software Solutions And Cabinets Market share by End Use, 2023
FIG 12 North America Pharmacy Inventory Management Software Solutions And Cabinets Market share by End Use, 2031
FIG 13 North America Pharmacy Inventory Management Software Solutions And Cabinets Market by End Use, 2020 - 2031, USD Million
FIG 14 North America Pharmacy Inventory Management Software Solutions And Cabinets Market share by Mode of Operations, 2023
FIG 15 North America Pharmacy Inventory Management Software Solutions And Cabinets Market share by Mode of Operations, 2031
FIG 16 North America Pharmacy Inventory Management Software Solutions And Cabinets Market by Mode of Operations, 2020 - 2031, USD Million
FIG 17 North America Pharmacy Inventory Management Software Solutions And Cabinets Market share by Country, 2023
FIG 18 North America Pharmacy Inventory Management Software Solutions And Cabinets Market share by Country, 2031
FIG 19 North America 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