According to a new report published by Allied Market Research, titled, "Automatic Pill Dispenser Machine Market," The automatic pill dispenser machine market was valued at $2.5 billion in 2020, and is estimated to reach $5.4 billion by 2030, growing at a CAGR of 8.2% from 2021 to 2030. Automatic pill dispenser machines are designed to ease the work load of pharmacist, doctor, nurse, patients, and caretakers by enabling medication counting, medicine management, dispensing, and inventory control. These devices minimize prescription errors that leads to fatal injury or death and ensure patient safety. Automatic pill dispenser machines are designed to dispense different pills independently according to user defined dose and time specifications. The automatic pill dispenser machine dispenses correct medication and dose for the patients with complex medication regime and with memory loss disorders.
The major factors that drive the growth of the global automatic pill dispenser machine market include increase in healthcare awareness; rapid growth of infections & chronic diseases such as diabetes, asthma, and blood pressure; and rise in geriatric population. However stringent government regulations related to the manufacturing & sale of the automatic pill dispenser machine restrain the market growth.
The automatic pill dispenser machine market is segmented on the basis of type of product, application, and region. According to product type, the market is divided into centralized automated dispensing systems and decentralized automated dispensing systems. Depending on application, it is classified into hospital pharmacy, retail pharmacy, and home healthcare. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The Major companies profiled in the report include: 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.
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- SWOT Analysis
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
- 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
Key Market Players:
- CAPSA HEALTHCARE
- YUYAMA CO., LTD.
- MCKESSON CORPORATION
- SWISSLOG HOLDING AG
- TALYST, LLC.
- Cerner Corporation
- omnicell
- SCRIPTPRO LLC
- BECTON DICKINSON &COMPANY
- BAXTER INTERNATIONAL INC