Market Overview:
The global pill dispensers & reminders 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 technologically advanced devices. In addition, the increasing awareness about the benefits of using pill dispensers & reminders is also contributing to the growth of this market. Based on type, the global pill dispensers & reminders market can be segmented into under , to , to 0, 0 to 0 and above 200 segments. The under- segment is projected to register highest CAGR during the forecast period owing high adoption rates in developing countries and growing demand for low-cost devices. By application, household segment dominates this market with highest share followed by pharmacy and hospital segments respectively.
Product Definition:
A pill dispenser is a device that helps people remember to take their medication on time. It can also help them keep track of how many pills they have left, so they can order more when necessary.
Under :
Under is the new name for the product that was earlier known as under . The product has witnessed a tremendous growth in recent years and its usage has increased by almost 50%. It is used to store medicines, vitamins, supplements and other small items. The products are available in various forms such as plastic bottles with lids, glass jars with lids and blister packs containing tablets or capsules.
to :
The global pill dispenser and reminders market size was valued at USD 1.1 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The household application segment accounted for the largest share of more than 60.0% in 2017. The pill dispensers and reminders are widely used at households owing to the growing awareness about health and wellness among consumers, especially in developed countries like U.S., Canada, New Zealand and Australia where pharmacies have established a good reputation as healthcare providers over the past few decades. Moreover, increasing consumer preference for home healthcare treatment due to rising costs of medical treatments is expected to drive demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the presence of a large number of leading dispensing machines manufacturers and suppliers, high healthcare expenditure, and increasing geriatric population in this region. Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving economic conditions, growing disposable income levels among middle-class income groups, rapid urbanization resulting in increased construction activities for new hospitals & clinics as well as pharmacies.
Moreover, with an aim toward reducing medication errors due to duplicate or incorrect prescription by pharmacists; many governments are introducing reforms that encourage physicians’ handwriting on prescriptions instead of typewritten prescriptions which will further boost demand for pill organizers globally over the coming 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 increase in demand for pill dispensers & reminders, as they help seniors stay organized and keep track of their medication schedule.
- 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 medications, which in turn is driving the growth of the pill dispensers & reminders market.
- Technological advancements: With technological advancements such as Bluetooth-enabled devices and mobile apps, manufacturers are able to develop innovative products that can help users manage their medication schedules more effectively. This is resulting in higher adoption rates for pill dispensers & reminders among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pill Dispensers & Reminders Market Research Report
By Type
Under $25, $25 to $50, $50 to $100, $100 to $200, $200 & Above
By Application
Household, Pharmacy, Hospital
By Companies
E-Pill, Accutab, GMS Med-e-lert, Ivation, LiveFine, HOSYO, MedReady Automated Pill Dispenser, Active Forever, PIXNOR, MaxiAids, MedCenter, Xtech (HK) Limited
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Pill Dispensers & Reminders Market Report Segments:
The global Pill Dispensers & Reminders market is segmented on the basis of:
Types
Under $25, $25 to $50, $50 to $100, $100 to $200, $200 & Above
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
Household, Pharmacy, Hospital
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:
- E-Pill
- Accutab
- GMS Med-e-lert
- Ivation
- LiveFine
- HOSYO
- MedReady Automated Pill Dispenser
- Active Forever
- PIXNOR
- MaxiAids
- MedCenter
- Xtech (HK) Limited
Highlights of The Pill Dispensers & Reminders 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:
- Under $25
- $25 to $50
- $50 to $100
- $100 to $200
- $200 & Above
- By Application:
- Household
- Pharmacy
- Hospital
- 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 Pill Dispensers & Reminders 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
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- Product & Brand Management
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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?
A pill dispenser is a small, electronic device that helps people remember to take their medications. It typically has a display screen and buttons for selecting doses of pills, and it dispenses the pills automatically. A reminder system alerts people when it's time to take their medication.
Some of the major companies in the pill dispensers & reminders market are E-Pill, Accutab, GMS Med-e-lert, Ivation, LiveFine, HOSYO, MedReady Automated Pill Dispenser, Active Forever, PIXNOR, MaxiAids, MedCenter, Xtech (HK) Limited.
The pill dispensers & reminders market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pill Dispensers & Reminders Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pill Dispensers & Reminders Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pill Dispensers & Reminders Market - Supply Chain
4.5. Global Pill Dispensers & Reminders Market Forecast
4.5.1. Pill Dispensers & Reminders Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pill Dispensers & Reminders Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pill Dispensers & Reminders Market Absolute $ Opportunity
5. Global Pill Dispensers & Reminders Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pill Dispensers & Reminders Market Size and Volume Forecast by Type
5.3.1. Under $25
5.3.2. $25 to $50
5.3.3. $50 to $100
5.3.4. $100 to $200
5.3.5. $200 & Above
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pill Dispensers & Reminders Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pill Dispensers & Reminders Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Pharmacy
6.3.3. Hospital
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pill Dispensers & Reminders Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pill Dispensers & Reminders Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pill Dispensers & Reminders Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pill Dispensers & Reminders Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pill Dispensers & Reminders Demand Share Forecast, 2019-2026
9. North America Pill Dispensers & Reminders Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pill Dispensers & Reminders Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pill Dispensers & Reminders Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Pharmacy
9.4.3. Hospital
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pill Dispensers & Reminders Market Size and Volume Forecast by Type
9.7.1. Under $25
9.7.2. $25 to $50
9.7.3. $50 to $100
9.7.4. $100 to $200
9.7.5. $200 & Above
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pill Dispensers & Reminders Demand Share Forecast, 2019-2026
10. Latin America Pill Dispensers & Reminders Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pill Dispensers & Reminders Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pill Dispensers & Reminders Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Pharmacy
10.4.3. Hospital
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pill Dispensers & Reminders Market Size and Volume Forecast by Type
10.7.1. Under $25
10.7.2. $25 to $50
10.7.3. $50 to $100
10.7.4. $100 to $200
10.7.5. $200 & Above
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pill Dispensers & Reminders Demand Share Forecast, 2019-2026
11. Europe Pill Dispensers & Reminders Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pill Dispensers & Reminders Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pill Dispensers & Reminders Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Pharmacy
11.4.3. Hospital
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pill Dispensers & Reminders Market Size and Volume Forecast by Type
11.7.1. Under $25
11.7.2. $25 to $50
11.7.3. $50 to $100
11.7.4. $100 to $200
11.7.5.$200 & Above
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pill Dispensers & Reminders Demand Share, 2019-2026
12. Asia Pacific Pill Dispensers & Reminders Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pill Dispensers & Reminders Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pill Dispensers & Reminders Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Pharmacy
12.4.3. Hospital
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pill Dispensers & Reminders Market Size and Volume Forecast by Type
12.7.1. Under $25
12.7.2. $25 to $50
12.7.3. $50 to $100
12.7.4. $100 to $200
12.7.5. $200 & Above
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pill Dispensers & Reminders Demand Share, 2019-2026
13. Middle East & Africa Pill Dispensers & Reminders Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pill Dispensers & Reminders Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pill Dispensers & Reminders Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Pharmacy
13.4.3. Hospital
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pill Dispensers & Reminders Market Size and Volume Forecast by Type
13.7.1. Under $25
13.7.2. $25 to $50
13.7.3. $50 to $100
13.7.4. $100 to $200
13.7.5. $200 & Above
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pill Dispensers & Reminders Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pill Dispensers & Reminders Market: Market Share Analysis
14.2. Pill Dispensers & Reminders Distributors and Customers
14.3. Pill Dispensers & Reminders Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. E-Pill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Accutab
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GMS Med-e-lert
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ivation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LiveFine
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HOSYO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MedReady Automated Pill Dispenser
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Active Forever
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PIXNOR
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MaxiAids
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. MedCenter
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Xtech (HK) Limited
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
