Market Overview:
The global hospital/medical vending machines 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 demand for convenience and on-demand services, rising number of hospitals and clinics, and growing awareness about healthy eating habits. The global hospital/medical vending machines market can be segmented on the basis of type into drinks vending machines, snacks vending machines, medicines vending machines, and others. The drinks vending machine segment is expected to account for the largest share of the global hospital/medical vending machines market in 2018. This segment is projected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030 due to its growing popularity among consumers worldwide as it offers a wide variety of beverages such as soft drinks, juices, energy drinks, milk shakes etc., which are not easily available through other channels such as restaurants or cafes. On the basis of application, hospitals are estimated to account for majority share (64%) in terms revenue generated by sales through medical/hospitality vending Machines by 2030 end; followed by clinics (27%).
Product Definition:
A hospital vending machine dispenses food, drinks and other products. Usually, these machines are found near the entrance of a hospital or inside a waiting room. They can also be located in other areas of the hospital such as in patient rooms or on medical floors. These machines offer a convenient way for patients, visitors and staff to purchase snacks and beverages without having to leave the premises. Many hospitals also use vending machines as a way to distribute items such as bandages, over-the-counter medications and first aid supplies.
Drinks Vending:
DRINKS Vending is a machine used for selling soft drinks and other cold beverages. It's main function is to dispense liquid into cups or containers which are then collected by the customer. The most common types of drink vending machines are soda/pop, bottled water, juices, coffee & tea and cold milk vending machines.
The global DRINKS Vending market size was valued at USD 6 billion in 2014.
Snacks Vending:
Snacks vending and it's usage in hospital/medical vending machines market is a newly emerging trend. The global snacks vending and it's usage in hospital/medical vending machines market is expected to witness significant growth over the forecast period. Snack food products are being widely consumed across the globe due to changing lifestyles, increasing population, rapid urbanization, rising disposable incomes of middle-class families along with growing health concerns among consumers.
Application Insights:
Based on application, the market is segmented into hospital, clinic and others. The hospital segment dominated the global market in 2017 owing to increasing number of patients and demand for various healthcare products & services. Furthermore, an increase in the prevalence of chronic diseases such as diabetes will boost product demand over the forecast period.
The others application segment includes pharmacies, diagnostic centers and other medical facilities such as research laboratories & imaging centers. Increasing penetration of these machines at places other than hospitals will drive growth owing to growing awareness about better hygiene conditions at workplaces across all economies globally during pre-clinical studies & clinical trials phase which requires cleanliness for a healthy life style without causing infections or diseases among study participants or researchers involved in drug testing activities at these facilities. These factors are expected to contribute towards revenue growth over the forecast period thereby driving overall industry growth during this time frame.
Regional Analysis:
North America dominated the global hospital/medical vending machines market in 2017. This can be attributed to factors such as increasing geriatric population, rising healthcare expenditure, and technological advancements. Moreover, the presence of well-established hospitals and clinics in this region is also expected to drive demand for these machines over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the next eight years owing to factors such as improving healthcare infrastructure due to increased government spending on it or due to private sector participation in building new hospitals or clinics that will leadto an increase in demand for these types of vending machines from patients who require immediate medical assistance but do not have accessto conventional treatment facilities or medicines at home.
Growth Factors:
- Increasing demand for convenience and time-saving services
- Rising prevalence of chronic diseases and disorders
- Growing geriatric population base
- Proliferation of vending machines in healthcare facilities
- Technological advancements in medical vending machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Hospital/Medical Vending Machines Market Research Report
By Type
Drinks Vending, Snacks Vending, Medicines Vending, Others
By Application
Hospital, Clinic, Others
By Companies
Crane Merchandising Systems, Fuji Electric Co. Ltd., Azkoyen Group, Hitachi Ltd, Honeywell International Inc., VENture LLC, Modern Vending Service Co., Atlanta Vending Inc., Connect Vending Ltd.
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Hospital/Medical Vending Machines Market Report Segments:
The global Hospital/Medical Vending Machines market is segmented on the basis of:
Types
Drinks Vending, Snacks Vending, Medicines Vending, 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
Hospital, Clinic, 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:
- Crane Merchandising Systems
- Fuji Electric Co. Ltd.
- Azkoyen Group
- Hitachi Ltd
- Honeywell International Inc.
- VENture LLC
- Modern Vending Service Co.
- Atlanta Vending Inc.
- Connect Vending Ltd.
Highlights of The Hospital/Medical Vending Machines 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:
- Drinks Vending
- Snacks Vending
- Medicines Vending
- Others
- By Application:
- Hospital
- Clinic
- 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 Hospital/Medical Vending Machines 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A hospital/medical vending machine is a type of vending machine that sells items such as cigarettes, snacks, and medicines. These machines are usually located in hospitals or other medical facilities.
Some of the key players operating in the hospital/medical vending machines market are Crane Merchandising Systems, Fuji Electric Co. Ltd., Azkoyen Group, Hitachi Ltd, Honeywell International Inc., VENture LLC, Modern Vending Service Co., Atlanta Vending Inc., Connect Vending Ltd..
The hospital/medical vending machines market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hospital/Medical Vending Machines 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 Hospital/Medical Vending Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hospital/Medical Vending Machines 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 Hospital/Medical Vending Machines 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 Hospital/Medical Vending Machines Market Size & Forecast, 2020-2028
4.5.1 Hospital/Medical Vending Machines Market Size and Y-o-Y Growth
4.5.2 Hospital/Medical Vending Machines 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 Drinks Vending
5.2.2 Snacks Vending
5.2.3 Medicines Vending
5.2.4 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 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hospital/Medical Vending Machines 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 Hospital/Medical Vending Machines 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 Drinks Vending
9.6.2 Snacks Vending
9.6.3 Medicines Vending
9.6.4 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 Hospital
9.10.2 Clinic
9.10.3 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 Drinks Vending
10.6.2 Snacks Vending
10.6.3 Medicines Vending
10.6.4 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 Hospital
10.10.2 Clinic
10.10.3 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 Drinks Vending
11.6.2 Snacks Vending
11.6.3 Medicines Vending
11.6.4 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 Hospital
11.10.2 Clinic
11.10.3 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 Drinks Vending
12.6.2 Snacks Vending
12.6.3 Medicines Vending
12.6.4 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 Hospital
12.10.2 Clinic
12.10.3 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 Drinks Vending
13.6.2 Snacks Vending
13.6.3 Medicines Vending
13.6.4 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 Hospital
13.10.2 Clinic
13.10.3 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 Hospital/Medical Vending Machines Market: Competitive Dashboard
14.2 Global Hospital/Medical Vending Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Crane Merchandising Systems
14.3.2 Fuji Electric Co. Ltd.
14.3.3 Azkoyen Group
14.3.4 Hitachi Ltd
14.3.5 Honeywell International Inc.
14.3.6 VENture LLC
14.3.7 Modern Vending Service Co.
14.3.8 Atlanta Vending Inc.
14.3.9 Connect Vending Ltd.
