According to QY Research Medical, the automatic pill dispenser machine market size is expected to reach US$ 5.4 billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030.
According to QY Research Medical, the automatic pill dispenser machine market size is expected to reach US$ 5.4 billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030.
Automatic pill dispenser is a device that distribute medication at a predetermined time. The goal is to help senior people and others who have difficulty in adhering to their drug schedule. Automatic pill dispensers are commonly used in medical settings to assist people, either old or chronically ill, in taking their prescribed medicine, over-the-counter medicine, or regular supplements on a set schedule. Telehealth devices, including automatic or electronic pill boxes are used in the healthcare industries to intimate patients about the time of taking pills.
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Automatic pill dispenser industry is expected to exhibit significant Automatic pill dispenser machine market opportunity during the forecast period, owing to the increase in need of medication intake, increase in geriatric population, and diseases associated with the old age. The key factors driving growth of Automatic pill dispenser machine market forecast are attributed to rise in incidences of chronic & infectious diseases and constant technological developments to improve efficacy of automatic pill dispenser machine. However, stringent government regulations related to the manufacturing & sale of the automatic pill dispenser machine restricts the market growth. Conversely, increase in disposable income of consumers is expected to provide several opportunities for key pill dispenser market players.
The automatic pill dispenser machine market size is segmented on the basis of product, application, and region. Depending on product, the market is divided into centralized automated dispensing systems and decentralized automated dispensing systems. According to application, the automatic pill dispenser machine market market share is classified into hospital pharmacy, retail pharmacy, and home healthcare. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA).
Scope of the Report
| Report Coverage | Details |
| Market Size by 2030 | $5.4 Billion |
| CAGR | 5.5% from 2021 to 2030 |
| Largest Market | North America |
| Fastest Growing Region | Asia Pacific |
| Base Year | 2021 |
| Forecast Data | 2022 to 2030 |
By Product Type Segment Review
Depending on product, it is divided into centralized automated dispensing systems and decentralized automated dispensing systems. The centralized automated dispensing systems segment was the major revenue contributor in 2020, and is anticipated to continue this trend during the forecast period, owing to various benefits of machines such as point-of-care availability, capability to control storage & distribution, and maintain record of medicines. Furthermore, the demand for decentralized automated dispensing systems is projected to exhibit the fastest market growth during the forecast period, owing to precise, accurate, and safe usage for better healthcare results, which correspond to the needs of patients.
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Application Segment Review
According to application, it is classified into hospital pharmacy, retail pharmacy, and home healthcare. The hospital pharmacy segment presently dominates the market, and is expected to remain dominant during the forecast period. This segment is expected to exhibit a prominent growth rate, owing to increase in need of fast and accurate dispensing of medicines in the hospitals and pharmacy.
Region Segment Review
Region wise, it is analyzed across North America, Asia-Pacific, Europe, and LAMEA. North America dominated the market in 2020, accounting for the highest share, and is anticipated to maintain this trend throughout the forecast period, owing to rise in expenditure to upgrade healthcare systems and increase in demand for technologically advanced devices for rapid & accurate distribution of medicines. In addition, lucrative growth opportunities in the emerging countries are anticipated to drive the Automatic pill dispenser machine market growth.
This report provides comprehensive competitive analysis and profiles of prominent market players such as key players operating in Baxter International Inc., Becton, Dickinson and Company, Cerner Corporation, Capsa Healthcare, McKesson Corporation, Omnicell Inc., ScriptPro LLC, Swisslog Holdings AG, Talyst, Inc., and Yuyama Co., Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automatic pill dispenser machine market analysis from 2020 to 2030 to identify the prevailing automatic pill dispenser machine market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the automatic pill dispenser machine market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global automatic pill dispenser machine market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
- By Type
- Centralized Automated Dispensing Systems
- Decentralized Automated Dispensing Systems
- By Application
- Hospital pharmacy
- Retail Pharmacies
- Home Healthcare
- By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Taiwan, Republic Of China
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Turkey
- South Africa
- Saudi Arabia
- Rest of LAMEA
- North America
Key Market Players
- BAXTER INTERNATIONAL INC
- BECTON DICKINSON &COMPANY
- CAPSA HEALTHCARE
- CERNER CORPORATION
- MCKESSON CORPORATION
- OMNICELL
- SCRIPTPRO LLC
- SWISSLOG HOLDING AG
- TALYST, LLC.
- YUYAMA CO., LTD.
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About Us
QYResearch Medical, focuses on custom research, management consulting, IPO consulting, industry chain research, and data base & seminar services. The company owns large basic databases (such as National Bureau of Statistics Database, Customs Import and Export Database, Industry Association Database, etc.), expert resources (including industry experts who own more than 10 years experiences on marketing or R&D in industries of healthcare services, medical technology & devices, etc.), professional survey team (the team members obtained more than 3 years market survey experience and more than 2 years deep expert interview experience), and excellent data analysis team (SPSS statistics and PPT graphics process team).
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