Market Overview:
The global automated dispensing market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automation in various industries and the growing trend of miniaturization in electronics industry. The global automated dispensing market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into desktop automated dispensing, floor automated dispensing, and others. Desktop automated dispensing held a major share of the global Automated Dispensing Market in 2017 owing to its low cost and easy installation as compared to floor-based systems.
Product Definition:
An automated dispensing system is a computer-controlled device that dispenses medications from a pharmacy or hospital to patients. Automated dispensing systems improve patient safety by reducing the potential for medication errors.
Desktop Automated Dispensing:
Desktop Automated Dispensing (DAD) is a technology that enables the automation of dispensing operations in retail stores, offices, hospitals and other commercial places. The technology provides an efficient method for dispensing liquid from bottles and jars without any manual intervention.
The global DAD market was valued at USD 1.5 billion in 2015.
Floor Automated Dispensing:
Floor Automated Dispensing (FAD) is a new technology that enables the user to automatically receive and fill prescriptions at the point of service. The system works by installing software, which monitors when a pharmacist or pharmacy employee steps up to deliver a prescription, and then signals an automated dispensing machine to begin filling orders. Pharmacists can program these machines with information about drug allergies, dosage frequency, and other details specific to each patient's needs.
Application Insights:
The market is segmented by application into consumer electronics, medical equipment, LED light, mobile phones and other products. The consumer electronics segment dominated the global automated dispensing market in 2017 owing to increasing demand for smartphones and tablets across the globe. Moreover, rising disposable income levels has led to an increase in demand for high-end technology products such as flat panel TVs and washing machines across developing countries of Asia Pacific and Latin America which is expected to drive growth over the forecast period.
Medical equipment was one of the prominent segments that accounted for a significant share in 2017 due to growing investments by governments worldwide towards improving healthcare infrastructure at a domestic level along with an increase in spending on technologically advanced medical devices & pharmaceuticals imports from developed countries such as Germany U.K., France etc. Furthermore, technological advancements have also enabled manufacturers to design automated dispensing systems specifically designed for hospitals thus further driving growth over the forecast period globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing investments in R&D and technological advancements coupled with high disposable income of consumers and businesses in this region. Asia Pacific is anticipated to witness significant growth over the coming years owing to rising demand for consumer electronics, medical equipment, LED lights, etc., particularly from China and India on account of improving economic conditions as well as growing population especially among middle-class groups who prefer buying such products at their convenient location rather than having them delivered at home every time there's a need for replacing or upgrading devices requiring power supply or other accessories required for usage are also driving demand across this region.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the increasing preference for minimally invasive procedures over traditional open surgery, which leads to shorter hospital stays, faster recoveries, and fewer complications. Automated dispensing systems are well-suited for use in these types of surgeries as they help reduce surgical time and improve accuracy and precision.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, diabetes, and heart disease is on the rise, leading to an increase in the demand for treatments and therapies that can help manage these conditions effectively. Automated dispensing systems can play an important role in delivering these treatments by ensuring accurate dosing and timely delivery of medications.
- Growing focus on patient safety: Patient safety has become a top priority across all healthcare settings in recent years, with hospitals increasingly investing in technologies that can help improve patient care quality while reducing medication errors rates . Automated dispensing systems are well-equipped to meet these safety requirements by providing accurate doses every time medications are dispensed thereby minimizing the risk of human error .
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated Dispensing Market Research Report
By Type
Desktop Automated Dispensing, Floor Automated Dispensing, Others
By Application
Consumer Electronics, Mobile Phone, LED Light, Medical Equipment, LCD, Others
By Companies
MUSASHI, Nordson EFD, SMART VISION, TENSUN, IEI, SAEJONG, Venison, Lampda, TWIN, Second Automatic Equipment, MUSASHI, Quick Intelligent Equipment., AXXON, DAHENG, Tianhao
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Automated Dispensing Market Report Segments:
The global Automated Dispensing market is segmented on the basis of:
Types
Desktop Automated Dispensing, Floor Automated Dispensing, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Mobile Phone, LED Light, Medical Equipment, LCD, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MUSASHI
- Nordson EFD
- SMART VISION
- TENSUN
- IEI
- SAEJONG
- Venison
- Lampda
- TWIN
- Second Automatic Equipment
- MUSASHI
- Quick Intelligent Equipment.
- AXXON
- DAHENG
- Tianhao
Highlights of The Automated Dispensing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Desktop Automated Dispensing
- Floor Automated Dispensing
- Others
- By Application:
- Consumer Electronics
- Mobile Phone
- LED Light
- Medical Equipment
- LCD
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automated Dispensing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automated dispensing is a technology that allows pharmacies to automatically dispense medications to patients. This technology can be used in both traditional and electronic pharmacies.
Some of the major players in the automated dispensing market are MUSASHI, Nordson EFD, SMART VISION, TENSUN, IEI, SAEJONG, Venison, Lampda, TWIN, Second Automatic Equipment, MUSASHI, Quick Intelligent Equipment., AXXON, DAHENG, Tianhao.
The automated dispensing market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automated Dispensing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automated Dispensing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automated Dispensing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automated Dispensing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automated Dispensing Market Size & Forecast, 2020-2028
4.5.1 Automated Dispensing Market Size and Y-o-Y Growth
4.5.2 Automated Dispensing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Desktop Automated Dispensing
5.2.2 Floor Automated Dispensing
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Mobile Phone
6.2.3 LED Light
6.2.4 Medical Equipment
6.2.5 LCD
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automated Dispensing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automated Dispensing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Desktop Automated Dispensing
9.6.2 Floor Automated Dispensing
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Mobile Phone
9.10.3 LED Light
9.10.4 Medical Equipment
9.10.5 LCD
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Desktop Automated Dispensing
10.6.2 Floor Automated Dispensing
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Mobile Phone
10.10.3 LED Light
10.10.4 Medical Equipment
10.10.5 LCD
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Desktop Automated Dispensing
11.6.2 Floor Automated Dispensing
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Mobile Phone
11.10.3 LED Light
11.10.4 Medical Equipment
11.10.5 LCD
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Desktop Automated Dispensing
12.6.2 Floor Automated Dispensing
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Mobile Phone
12.10.3 LED Light
12.10.4 Medical Equipment
12.10.5 LCD
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Desktop Automated Dispensing
13.6.2 Floor Automated Dispensing
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Mobile Phone
13.10.3 LED Light
13.10.4 Medical Equipment
13.10.5 LCD
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automated Dispensing Market: Competitive Dashboard
14.2 Global Automated Dispensing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MUSASHI
14.3.2 Nordson EFD
14.3.3 SMART VISION
14.3.4 TENSUN
14.3.5 IEI
14.3.6 SAEJONG
14.3.7 Venison
14.3.8 Lampda
14.3.9 TWIN
14.3.10 Second Automatic Equipment
14.3.11 MUSASHI
14.3.12 Quick Intelligent Equipment.
14.3.13 AXXON
14.3.14 DAHENG
14.3.15 Tianhao
