Market Overview:
The global automatic pill dispensers market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and growing demand for home care services. Centralized automated dispensing systems are expected to dominate the global automatic pill dispensers market during the forecast period owing to their advantages such as improved patient safety, reduced medication errors, and increased efficiency in workflow. However, decentralized automated dispensing systems are projected to witness higher growth rates during the forecast period due to their low cost and easy installation. Hospitals are expected to account for the largest share of the global automatic pill dispensers market in 2018 followed by home care settings.
Product Definition:
An automatic pill dispenser is a device that dispenses medication at prescribed times. Automatic pill dispensers are important because they help to ensure that patients take their medications as prescribed.
Centralized Automated Dispensing Systems:
Centralized automated dispensing systems are used to deliver a specific dose of medication at a certain time. The system is designed in such a way that it reduces the risk of errors and provides efficient & effective workflow for healthcare professionals.
The global CAD market was valued at USD 1,849 million in 2015 and is expected to grow with an estimated CAGR of XX% over the forecast period.
Decentralized Automated Dispensing Systems:
Decentralized automated dispensing systems are used in automatic pill dispensers market. These systems are designed to make it easy and quick for the user to use medications. The decentralized system is made up of three parts including hardware, software, and a cloud-based service that helps in medication management. It is an open source platform which can be modified as per the requirement by changing few codes which help in proper functioning of the system.
Application Insights:
The global market is segmented by application into hospitals, home care and other facilities. The hospital segment dominated the market in 2017 owing to increasing demand for advanced healthcare services along with growing investments by governments in the development of healthcare infrastructure. Furthermore, an increase in the prevalence of chronic diseases such as heart disease, cancer and diabetes will drive demand for automatic pill dispensers over the forecast period.
The home care facility segment is expected to witness significant growth over the forecast period due to a rise in geriatric population across developed countries including Germany, Japan and France who require assistance from medical professionals at home for various ailments. In addition, technological advancements such as smart devices that can be used with automated systems are expected to further boost industry growth over next eight years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing geriatric population, technological advancements, and high adoption of automated dispensing systems by hospitals and pharmacies. Moreover, rising healthcare expenditure coupled with favorable reimbursement policies will also help maintain this dominance during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to increasing demand for automatic pill dispensers from remote patient monitoring services as well as home care facilities in countries such as Japan and China coupled with growing medical tourism industry in these countries will drive this regional market at a significant pace over the next eight years.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increased demand for automatic pill dispensers, as they help seniors stay organized and independent.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as diabetes, heart disease, and arthritis is increasing globally due to changing lifestyles and aging populations. This is leading to an increased demand for medication management solutions such as automatic pill dispensers, which can help patients manage their medications effectively.
- Growing awareness about health & wellness: There is a growing awareness among consumers about the importance of health & wellness, which is driving them towards preventive healthcare measures such as using automatic pill dispensers. These devices offer users convenience and peace-of-mind by ensuring that their medications are taken on time every day without any errors or missed doses..
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Pill Dispensers Market Research Report
By Type
Centralized Automated Dispensing Systems, Decentralized Automated Dispensing Systems
By Application
Hospitals, Home Care
By Companies
Baxter International Inc., Becton, Dickinson and Company, Cerner Corporation, Capsa Healthcare, McKesson Corporation, Omnicell Inc., ScriptPro LLC, Swisslog Holdings AG, Talyst, Inc., Baxter International Inc.
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Pill Dispensers Market Report Segments:
The global Automatic Pill Dispensers market is segmented on the basis of:
Types
Centralized Automated Dispensing Systems, Decentralized Automated Dispensing Systems
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
Hospitals, Home Care
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:
- Baxter International Inc.
- Becton
- Dickinson and Company
- Cerner Corporation
- Capsa Healthcare
- McKesson Corporation
- Omnicell Inc.
- ScriptPro LLC
- Swisslog Holdings AG
- Talyst, Inc.
- Baxter International Inc.
Highlights of The Automatic Pill Dispensers 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:
- Centralized Automated Dispensing Systems
- Decentralized Automated Dispensing Systems
- By Application:
- Hospitals
- Home Care
- 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 Automatic Pill Dispensers 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?
Automatic pill dispensers are machines that dispense medications for people who have difficulty swallowing pills. The machines use sensors to detect when a person is about to take a pill and then dispense the medication automatically.
Some of the major players in the automatic pill dispensers market are Baxter International Inc., Becton, Dickinson and Company, Cerner Corporation, Capsa Healthcare, McKesson Corporation, Omnicell Inc., ScriptPro LLC, Swisslog Holdings AG, Talyst, Inc., Baxter International Inc..
The automatic pill dispensers market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Pill Dispensers 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 Automatic Pill Dispensers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automatic Pill Dispensers 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 Automatic Pill Dispensers 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 Automatic Pill Dispensers Market Size & Forecast, 2018-2028
4.5.1 Automatic Pill Dispensers Market Size and Y-o-Y Growth
4.5.2 Automatic Pill Dispensers Market Absolute $ Opportunity
Chapter 5 Global Automatic Pill Dispensers 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 Automatic Pill Dispensers Market Size Forecast by Type
5.2.1 Centralized Automated Dispensing Systems
5.2.2 Decentralized Automated Dispensing Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automatic Pill Dispensers 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 Automatic Pill Dispensers Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Home Care
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Pill Dispensers 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 Automatic Pill Dispensers 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 Automatic Pill Dispensers Analysis and Forecast
9.1 Introduction
9.2 North America Automatic Pill Dispensers 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 Automatic Pill Dispensers Market Size Forecast by Type
9.6.1 Centralized Automated Dispensing Systems
9.6.2 Decentralized Automated Dispensing Systems
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 Automatic Pill Dispensers Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Home Care
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 Automatic Pill Dispensers Analysis and Forecast
10.1 Introduction
10.2 Europe Automatic Pill Dispensers 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 Automatic Pill Dispensers Market Size Forecast by Type
10.6.1 Centralized Automated Dispensing Systems
10.6.2 Decentralized Automated Dispensing Systems
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 Automatic Pill Dispensers Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Home Care
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 Automatic Pill Dispensers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automatic Pill Dispensers 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 Automatic Pill Dispensers Market Size Forecast by Type
11.6.1 Centralized Automated Dispensing Systems
11.6.2 Decentralized Automated Dispensing Systems
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 Automatic Pill Dispensers Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Home Care
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 Automatic Pill Dispensers Analysis and Forecast
12.1 Introduction
12.2 Latin America Automatic Pill Dispensers 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 Automatic Pill Dispensers Market Size Forecast by Type
12.6.1 Centralized Automated Dispensing Systems
12.6.2 Decentralized Automated Dispensing Systems
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 Automatic Pill Dispensers Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Home Care
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) Automatic Pill Dispensers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automatic Pill Dispensers 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) Automatic Pill Dispensers Market Size Forecast by Type
13.6.1 Centralized Automated Dispensing Systems
13.6.2 Decentralized Automated Dispensing Systems
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) Automatic Pill Dispensers Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Home Care
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 Automatic Pill Dispensers Market: Competitive Dashboard
14.2 Global Automatic Pill Dispensers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Baxter International Inc.
14.3.2 Becton
14.3.3 Dickinson and Company
14.3.4 Cerner Corporation
14.3.5 Capsa Healthcare
14.3.6 McKesson Corporation
14.3.7 Omnicell Inc.
14.3.8 ScriptPro LLC
14.3.9 Swisslog Holdings AG
14.3.10 Talyst, Inc.
14.3.11 Baxter International Inc.
