Market Overview:
The global medical automated dispensing cabinets 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 automation in healthcare facilities and pharmacies, rising prevalence of chronic diseases, and growing investments by key players in research and development (R&D) activities. Based on type, the global medical automated dispensing cabinets market is segmented into tablet ADCs, dose ADCs, and vial ADCs. Tablet ADCs are expected to account for the largest share of the global medical automated dispensing cabinets market in 2018 owing to their high adoption rates across hospitals and retail pharmacies. Dose ADCs are projected to grow at a higher CAGR than other types during the forecast period due to their ability to dispense multiple doses simultaneously. Vial ADCs are anticipatedto registerthe highest growth rate duringthe forecastperioddue tot heirgrowing popularityin hospital settingsfor storing large volumesof drugsandmedications .
Product Definition:
Medical automated dispensing cabinets are devices that store and dispense medical supplies and medications. They are important because they help to ensure that medical supplies and medications are properly stored and organized, which can help to improve patient care.
Tablet ADCs:
Tablet ADCs is a digital alternative for the traditional canister or capsule dispensing system. The technology is used in various applications such as medical automated dispensing cabinets. It helps to reduce errors and provides better patient care by providing efficient workflow solutions, thereby increasing the overall efficiency of healthcare facilities.
The global tablet ADC market size was valued at USD 1,849.9 million in 2016.
Dose ADCs:
Dose ADCs are automated dispensing cabinets that help in reducing the risk of medication errors and provide efficient & accurate drug delivery. These machines have a dose counter, which helps in monitoring the number of doses dispensed and can store up to 1,000 doses at a time.
These machines are used for various medications such as antibiotics, anti-inflammatory drugs, pain relievers among others.
Application Insights:
Based on application, the global market is segmented into hospital, retail pharmacies and others. The hospital segment dominated the market in 2017 owing to factors such as increasing prevalence of chronic diseases and rising geriatric population. Moreover, an increase in healthcare spending by governments as well as private organizations has led to a rise in demand for advanced medical technologies that are used for automated dispensing cabinets.
The retail pharmacies segment is expected to witness lucrative growth over the forecast period due to factors such as growing need for cost-effective pharmaceutical products along with high customer engagement rates of pharmacists at these stores. Furthermore, increasing government initiatives towards improving accessibility of essential medicines at affordable prices will further boost industry growth over the coming years.
The others application category includes clinics.
Regional Analysis:
North America dominated the global market in 2017. The presence of sophisticated healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for efficient dispensing systems are some factors driving the regional market growth. Moreover, growing target population base with rising incidences of chronic diseases is expected to further boost product demand over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rapid economic development coupled with improving healthcare facilities in emerging countries such as China and India. In addition, favorable government initiatives aimed at promoting public health are projected to fuel regional product sales over the next eight years.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the increasing preference for minimally invasive procedures over traditional open surgery procedures, due to their shorter recovery time and lesser surgical trauma. Medical automated dispensing cabinets are extensively used in hospitals and clinics performing these surgeries, as they offer quick and easy access to the required medical supplies and equipment.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, diabetes, heart disease, etc., is on the rise due to changing lifestyles and aging populations. This has led to an increase in demand for better diagnosis and treatment methods, which in turn is driving the growth of the medical automation market. Medical automated dispensing cabinets are being increasingly used in hospitals worldwide for storing drugs and other medical supplies required for treating chronic diseases.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Automated Dispensing Cabinets Market Research Report
By Type
Tablet ADCs, Dose ADCs, Vial ADCs
By Application
Hospital, Retail Pharmacies, Others
By Companies
BD, Omnicell, Takazono, TOSHO, Willach Group, YUYAMA, Aesynt, Cerner, BD
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Medical Automated Dispensing Cabinets Market Report Segments:
The global Medical Automated Dispensing Cabinets market is segmented on the basis of:
Types
Tablet ADCs, Dose ADCs, Vial ADCs
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, Retail Pharmacies, 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:
- BD
- Omnicell
- Takazono
- TOSHO
- Willach Group
- YUYAMA
- Aesynt
- Cerner
- BD
Highlights of The Medical Automated Dispensing Cabinets 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:
- Tablet ADCs
- Dose ADCs
- Vial ADCs
- By Application:
- Hospital
- Retail Pharmacies
- 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 Medical Automated Dispensing Cabinets 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?
Medical Automated Dispensing Cabinets are a type of pharmacy dispensing cabinet that automates the dispensing of prescription medications. These cabinets typically contain a number of compartments, each capable of holding a specific type or brand of medication. The cabinet will automatically dispense the medications as needed, based on pre-programmed instructions.
Some of the major players in the medical automated dispensing cabinets market are BD, Omnicell, Takazono, TOSHO, Willach Group, YUYAMA, Aesynt, Cerner, BD.
The medical automated dispensing cabinets 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 Medical Automated Dispensing Cabinets 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 Medical Automated Dispensing Cabinets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Automated Dispensing Cabinets 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 Medical Automated Dispensing Cabinets 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 Medical Automated Dispensing Cabinets Market Size & Forecast, 2018-2028
4.5.1 Medical Automated Dispensing Cabinets Market Size and Y-o-Y Growth
4.5.2 Medical Automated Dispensing Cabinets Market Absolute $ Opportunity
Chapter 5 Global Medical Automated Dispensing Cabinets 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 Medical Automated Dispensing Cabinets Market Size Forecast by Type
5.2.1 Tablet ADCs
5.2.2 Dose ADCs
5.2.3 Vial ADCs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Automated Dispensing Cabinets 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 Medical Automated Dispensing Cabinets Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Retail Pharmacies
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Automated Dispensing Cabinets 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 Medical Automated Dispensing Cabinets 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 Medical Automated Dispensing Cabinets Analysis and Forecast
9.1 Introduction
9.2 North America Medical Automated Dispensing Cabinets 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 Medical Automated Dispensing Cabinets Market Size Forecast by Type
9.6.1 Tablet ADCs
9.6.2 Dose ADCs
9.6.3 Vial ADCs
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 Medical Automated Dispensing Cabinets Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Retail Pharmacies
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 Medical Automated Dispensing Cabinets Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Automated Dispensing Cabinets 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 Medical Automated Dispensing Cabinets Market Size Forecast by Type
10.6.1 Tablet ADCs
10.6.2 Dose ADCs
10.6.3 Vial ADCs
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 Medical Automated Dispensing Cabinets Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Retail Pharmacies
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 Medical Automated Dispensing Cabinets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Automated Dispensing Cabinets 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 Medical Automated Dispensing Cabinets Market Size Forecast by Type
11.6.1 Tablet ADCs
11.6.2 Dose ADCs
11.6.3 Vial ADCs
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 Medical Automated Dispensing Cabinets Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Retail Pharmacies
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 Medical Automated Dispensing Cabinets Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Automated Dispensing Cabinets 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 Medical Automated Dispensing Cabinets Market Size Forecast by Type
12.6.1 Tablet ADCs
12.6.2 Dose ADCs
12.6.3 Vial ADCs
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 Medical Automated Dispensing Cabinets Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Retail Pharmacies
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) Medical Automated Dispensing Cabinets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Automated Dispensing Cabinets 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) Medical Automated Dispensing Cabinets Market Size Forecast by Type
13.6.1 Tablet ADCs
13.6.2 Dose ADCs
13.6.3 Vial ADCs
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) Medical Automated Dispensing Cabinets Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Retail Pharmacies
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 Medical Automated Dispensing Cabinets Market: Competitive Dashboard
14.2 Global Medical Automated Dispensing Cabinets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BD
14.3.2 Omnicell
14.3.3 Takazono
14.3.4 TOSHO
14.3.5 Willach Group
14.3.6 YUYAMA
14.3.7 Aesynt
14.3.8 Cerner
14.3.9 BD
