Asia Pacific Outpatient Central Fulfillment Market Forecast to 2030 - Regional Analysis - by Product Type and End User

PUBLISHED: July 4, 2024

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The Asia Pacific outpatient central fulfillment market was valued at US$ 50.60 million in 2022 and is expected to reach US$ 126.44 million by 2030; it is estimated to record a CAGR of 12.1% from 2022 to 2030.

Rising Aging Population and Emerging Markets Boosts Asia Pacific Outpatient Central Fulfillment Market

The aging population is a key to advancements in the healthcare sector. Thus, the growing aging population is anticipated to serve vital growth opportunity for the pharmacy. According to the United Nations World Population Prospects 2022 report, the elderly population is projected to increase from 10% of the total population in 2022 to 16% of the total population by 2050. The rapidly growing aging population indicates an exponential rise in demand for elderly care and medicines in the coming years. An upsurge in life expectancy worldwide has also led to the need for more digital and automated systems for adult care. The development of automatic medicine dispensers has served beneficially in developed regions. Advanced features such as an LED display, a motor controller, and an alarm system help people with medication reminders. Automated pharmacy systems would enable them to keep track of their medicine and stocks better. Further, implementing automated pharmacy systems has triggered adult medication adherence. With such features, the adoption of automated pharmacy systems is expected to grow in developing countries such as Japan, India, South Korea, and China in the coming years.

Pharmaceutical management is essential in developing countries owing to rising healthcare costs and pressure to improve access to pharmaceutical services. To ease access to drugs, governments of developing countries are adopting various strategies. Most market players focus on emerging markets such as China, India, and the UAE due to the surging prevalence of chronic diseases, rising adoption of the latest medical technologies in hospitals, and increasing awareness about advanced medical technologies.

Asia Pacific Outpatient Central Fulfillment Market Overview

China is the largest market for outpatient central fulfillment in Asia Pacific. The 13th Five-Year Plan of China that prioritized health and innovation has augmented demand for advanced medical devices. Moreover, the rising geriatric population and increasing chronic health conditions contribute to the outpatient central fulfillment market in this country. The availability of skilled laborers, low cost of operations, and massive space for production have further attracted the market leaders to have their production plants in China. Differences between the healthcare systems in China and other countries result in region-specific patterns of medical malpractice in China. Thus, the country has seen a significant rise in automated pharmaceutical dispensing, especially during the COVID-19 pandemic. In 2021, the Hospital of Changsha in the Hunan province was the first to install robotic pharmacy dispensing systems to enhance drug dispensing. Automation technologies are also widely used in the healthcare sector, leveraging demand for automated pharmacy systems. China is the largest exporter of active pharmaceutical ingredients to Western countries, requiring automation for the packaging and labeling of the products to be shipped. Production sites and warehouses have automated pharmacy systems installed in the manufacturing site.

Many startups in China are engaged in developing technologies for dispensing medicines. For instance, COBOT is a startup company that develops and markets smart systems for industrial robots. It has developed and commercialized a next-generation, smart medicine-dispensing robot. It can also automatically replenish stocks through a drug management system.

Asia Pacific Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Outpatient Central Fulfillment Market Segmentation

The Asia Pacific outpatient central fulfillment market is segmented based on product type, end user, and country. Based on product type, the Asia Pacific outpatient central fulfillment market is segmented into automated medication dispensing systems, automated packaging and labelling systems, automated tabletop counters, automated storage and retrieval systems, and others. The automated medication dispensing systems segment held the largest market share in 2022.

In terms of end user, the Asia Pacific outpatient central fulfillment market is segmented into hospital pharmacies, retail pharmacies, and mail-order pharmacies. The hospital pharmacies segment held the largest market share in 2022.

Based on country, the Asia Pacific outpatient central fulfillment market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific outpatient central fulfillment market share in 2022.

Becton Dickinson and Co; Capsa Solutions, LLC; Cardinal Health Inc, McKesson Corp; and Omnicell Inc are some of the leading players operating in the Asia Pacific outpatient central fulfillment market.

Product Code: BMIRE00030377

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Asia Pacific Outpatient Central Fulfillment Market - Key Market Dynamics

4.1 Outpatient Central Fulfillment Market - Key Market Dynamics
4.2 Market Drivers
- 4.2.1 Automation in Pharmacies
- 4.2.2 Risk of Medication Errors
4.3 Market Restraints
- 4.3.1 High Capital Requirements and Problems Associated with Automation System Operations
4.4 Market Opportunities
- 4.4.1 Rising Aging Population and Emerging Markets
4.5 Future Trends
- 4.5.1 Growth Strategies by Companies and Use of Artificial Intelligence
4.6 Impact Analysis:

5. Outpatient Central Fulfillment Market - Asia Pacific Market Analysis

5.1 Market Overview
5.2 Outpatient Central Fulfillment Market Revenue (US$ Million), 2022-2030

6. Asia Pacific Outpatient Central Fulfillment Market Analysis - by Product Type

6.1 Overview
6.2 Outpatient Central Fulfillment Market Revenue Share, by Product Type 2022 & 2030 (%)
6.3 Automated Medication Dispensing Systems
- 6.3.1 Overview
- 6.3.2 Automated Medication Dispensing Systems: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
6.4 Automated Packaging and Labelling Systems
- 6.4.1 Overview
- 6.4.2 Automated Packaging and Labelling Systems: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
6.5 Automated Tabletop Counters
- 6.5.1 Overview
- 6.5.2 Automated Tabletop Counters: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
6.6 Automated Storage and Retrieval Systems
- 6.6.1 Overview
- 6.6.2 Automated Storage and Retrieval Systems: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
6.7 Others
- 6.7.1 Overview
- 6.7.2 Others: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)

7. Asia Pacific Outpatient Central Fulfillment Market Analysis - by End User

7.1 Overview
7.2 Outpatient Central Fulfillment Market Revenue Share, by End User 2022 & 2030 (%)
7.3 Hospital Pharmacies
- 7.3.1 Overview
- 7.3.2 Hospital Pharmacies: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Retail Pharmacies
- 7.4.1 Overview
- 7.4.2 Retail Pharmacies: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Mail-Order Pharmacies
- 7.5.1 Overview
- 7.5.2 Mail-Order Pharmacies: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)

8. Asia Pacific Outpatient Central Fulfillment Market - Country Analysis

8.1 Asia Pacific Outpatient Central Fulfillment Market
- 8.1.1 Asia Pacific: Outpatient Central Fulfillment Market - Revenue and Forecast Analysis - by Country
  - 8.1.1.1 China
    - 8.1.1.1.1 Overview
    - 8.1.1.1.2 China: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
    - 8.1.1.1.3 China: Outpatient Central Fulfillment Market Breakdown, by Product Type
    - 8.1.1.1.4 China: Outpatient Central Fulfillment Market Breakdown, by End User
  - 8.1.1.2 Japan
    - 8.1.1.2.1 Overview
    - 8.1.1.2.2 Japan: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
    - 8.1.1.2.3 Japan: Outpatient Central Fulfillment Market Breakdown, by Product Type
    - 8.1.1.2.4 Japan: Outpatient Central Fulfillment Market Breakdown, by End User
  - 8.1.1.3 India
    - 8.1.1.3.1 Overview
    - 8.1.1.3.2 India: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
    - 8.1.1.3.3 India: Outpatient Central Fulfillment Market Breakdown, by Product Type
    - 8.1.1.3.4 India: Outpatient Central Fulfillment Market Breakdown, by End User
  - 8.1.1.4 Australia
    - 8.1.1.4.1 Overview
    - 8.1.1.4.2 Australia: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
    - 8.1.1.4.3 Australia: Outpatient Central Fulfillment Market Breakdown, by Product Type
    - 8.1.1.4.4 Australia: Outpatient Central Fulfillment Market Breakdown, by End User
  - 8.1.1.5 South Korea
    - 8.1.1.5.1 Overview
    - 8.1.1.5.2 South Korea: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
    - 8.1.1.5.3 South Korea: Outpatient Central Fulfillment Market Breakdown, by Product Type
    - 8.1.1.5.4 South Korea: Outpatient Central Fulfillment Market Breakdown, by End User
  - 8.1.1.6 Rest of Asia Pacific
    - 8.1.1.6.1 Overview
    - 8.1.1.6.2 Rest of Asia Pacific: Outpatient Central Fulfillment Market Revenue and Forecast to 2030 (US$ Million)
    - 8.1.1.6.3 Rest of Asia Pacific: Outpatient Central Fulfillment Market Breakdown, by Product Type
    - 8.1.1.6.4 Rest of Asia Pacific: Outpatient Central Fulfillment Market Breakdown, by End User

9. Outpatient Central Fulfillment Market-Industry Landscape

9.1 Overview
9.2 Growth Strategies in the Outpatient Central Fulfillment Market
9.3 Inorganic Growth Strategies
- 9.3.1 Overview
9.4 Organic Growth Strategies
- 9.4.1 Overview

10. Company Profiles

10.1 Cardinal Health Inc
- 10.1.1 Key Facts
- 10.1.2 Business Description
- 10.1.3 Products and Services
- 10.1.4 Financial Overview
- 10.1.5 SWOT Analysis
- 10.1.6 Key Developments
10.2 Omnicell Inc
- 10.2.1 Key Facts
- 10.2.2 Business Description
- 10.2.3 Products and Services
- 10.2.4 Financial Overview
- 10.2.5 SWOT Analysis
- 10.2.6 Key Developments
10.3 Becton Dickinson and Co
- 10.3.1 Key Facts
- 10.3.2 Business Description
- 10.3.3 Products and Services
- 10.3.4 Financial Overview
- 10.3.5 SWOT Analysis
- 10.3.6 Key Developments
10.4 Capsa Solutions LLC
- 10.4.1 Key Facts
- 10.4.2 Business Description
- 10.4.3 Products and Services
- 10.4.4 Financial Overview
- 10.4.5 SWOT Analysis
- 10.4.6 Key Developments
10.5 McKesson Corp
- 10.5.1 Key Facts
- 10.5.2 Business Description
- 10.5.3 Products and Services
- 10.5.4 Financial Overview
- 10.5.5 SWOT Analysis
- 10.5.6 Key Developments

11. Appendix

11.1 About The Insight Partners
11.2 Glossary of Terms

Product Code: BMIRE00030377

List Of Tables

Table 1. Outpatient Central Fulfillment Market Segmentation
Table 2. China: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by Product Type
Table 3. China: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by End User
Table 4. Japan: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by Product Type
Table 5. Japan: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by End User
Table 6. India: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by Product Type
Table 7. India: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by End User
Table 8. Australia: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by Product Type
Table 9. Australia: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by End User
Table 10. South Korea: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by Product Type
Table 11. South Korea: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by End User
Table 12. Rest of Asia Pacific: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by Product Type
Table 13. Rest of Asia Pacific: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million) - by End User
Table 14. Recent Inorganic Growth Strategies in the Outpatient Central Fulfillment Market
Table 15. Recent Organic Growth Strategies in the Outpatient Central Fulfillment Market
Table 16. Glossary of Terms, Outpatient Central Fulfillment Market

List Of Figures

Figure 1. Outpatient Central Fulfillment Market Segmentation, by Country
Figure 2. Impact Analysis
Figure 3. Outpatient Central Fulfillment Market Revenue (US$ Million), 2022 - 2030
Figure 4. Outpatient Central Fulfillment Market Share (%) - by Product Type (2022 and 2030)
Figure 5. Automated Medication Dispensing Systems: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
Figure 6. Automated Packaging and Labelling Systems: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
Figure 7. Automated Tabletop Counters: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
Figure 8. Automated Storage and Retrieval Systems: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
Figure 9. Others: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. Outpatient Central Fulfillment Market Share (%) - by End User (2022 and 2030)
Figure 11. Hospital Pharmacies: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Retail Pharmacies: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. Mail-Order Pharmacies: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
Figure 14. Asia Pacific Outpatient Central Fulfillment Market, by Key Country - Revenue 2022 (US$ Mn)
Figure 15. Asia Pacific: Outpatient Central Fulfillment Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 16. China: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million)
Figure 17. Japan: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million)
Figure 18. India: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million)
Figure 19. Australia: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million)
Figure 20. South Korea: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030(US$ Million)
Figure 21. Rest of Asia Pacific: Outpatient Central Fulfillment Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. Growth Strategies in the Outpatient Central Fulfillment Market