PUBLISHER: TechNavio | PRODUCT CODE: 1516476
PUBLISHER: TechNavio | PRODUCT CODE: 1516476
The automatic pill dispensing systems market is forecasted to grow by USD 2157.2 mn during 2023-2028, accelerating at a CAGR of 9.45% during the forecast period. The report on the automatic pill dispensing systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing aging population, rise in medication errors, and increase in online retailing.
Technavio's automatic pill dispensing systems market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.42% |
CAGR | 9.45% |
Incremental Value | $2157.2mn |
By Type
By Application
By Geography
This study identifies the increasing adoption of automation in healthcare as one of the prime reasons driving the automatic pill dispensing systems market growth during the next few years. Also, increasing use of automatic pill dispensers at home and advantages of automated pill dispensers over manual counterparts will lead to sizable demand in the market.
The report on the automatic pill dispensing systems market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automatic pill dispensing systems market vendors that include Accu Chart Plus Health Care Systems, ARxIUM Inc., Becton Dickinson and Co., Capsa Healthcare LLC, Hero Health Inc., Innovation Associates, JVM Co Ltd., Koninklijke Philips N.V., McKesson Corp., Medminder Systems Inc., MedReady Inc, MIDEA Group Co. Ltd., NewIcon Oy, Omnicell Inc., Oracle Corp., PharmAdva LLC, PharmRight Corp., PHARMRX PTY LTD, ScriptPro LLC, and YUYAMA Co. Ltd.. Also, the automatic pill dispensing systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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