Global Automatic Pill Dispensers Market by Type (Centralized Automated Dispensing Systems, Decentralized Automated Dispensing Systems), By Application (Hospitals, Home Care) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Automated Pill Dispensers Market size is expected to reach USD 2.6 billion by 2028, at a CAGR of 12.3% from 2021-2028. The market for this product type is mainly driven by the increasing elderly population, rise in chronic diseases, and growing healthcare expenditure across the world. One of the key drivers for this industry growth is the increase in demand for home care services which helps decrease hospitalization costs and improves quality of life as well as reducing health risks associated with medical treatments such as chemotherapy or radiation therapy. Additionally, there has been an increased focus on improving patient outcomes through automation and technological innovation within hospitals due to high costs involved with manual labor that limits their operational hours.

An Automatic Pill Dispenser is an automated device used by hospitals, long-term care facilities, and patients at home to supply medications on a timed basis as prescribed by the physician. The machine typically consists of two parts: (a) equipment that stores medication in pill bottles or other containers that can be accessed for dispensing; and (b) a mechanism to dispense one dose at a time from each container onto an individual blister card with compartments for seven days’ worth of doses, labeled with instructions for take-ables such as oral liquid forms and eye drops.

On the basis of Types, the market is segmented into Centralized Automated Dispensing Systems and Decentralized Automated Dispensing Systems.

Centralized Automated Dispensing Systems:

Centralized automated dispensing systems are a type of automated pill dispenser that works as a centralized resource for distribution throughout medical facilities. These systems have one or more medication dispensaries, which can be used to distribute medications to patients in wards and clinics. Centralized Automated Dispensing Systems may also refer to the process where prescriptions are electronically mailed from off-site pharmacies straight into the system on-site at hospitals, nursing homes, or other healthcare centers.

Decentralized Automated Dispensing Systems:

This type of automated pill dispensers is designed for home care and provides the clients with a controlled, safe environment in which to manage their medications. They can be installed at any height within your own living space. Decentralized Automated Dispensing Systems generally have an access door that opens inward through a break-away seal or similar mechanism so it is not necessary to log out into another room when filling medication. You may also want to place this kind on top of a sturdy surface like a kitchen countertop or table near where you usually take your medicines as they do not need much space.

On the basis of Application, the market is segmented into Hospitals and Home Care. With the increasing medical expenditure, hospitals are focusing on improving their medication management system for cost-efficiency purposes. Furthermore, automated dispensing systems in healthcare applications have been found to help reduce narcotic diversion by preventing theft as well as tampering with doses of medications that may lead to adverse events among patients

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is anticipated to grow significantly primarily due to the surging demand for home care services in North America, coupled with increased awareness among patients on medication adherence.

The Asia Pacific is anticipated to be the fastest-growing region. This can primarily be attributed due to the availability of the latest technologies for automated dispensing systems coupled with the rising demand for home care services by individuals suffering from dementia or other mental illnesses, which are triggered by population aging trends in countries like India and China among others.

Up Market Research published a new report titled “Automatic Pill Dispensers Market research report which is segmented by Types (Centralized Automated Dispensing Systems, Decentralized Automated Dispensing Systems), By Applications (Hospitals, Home Care), By Players/Companies Baxter International Inc., Becton, Dickinson and Company, Cerner Corporation, Capsa Healthcare, McKesson Corporation, Omnicell Inc., ScriptPro LLC, Swisslog Holdings AG, Talyst, Inc., Yuyama Co., Ltd.”. 

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Automatic Pill Dispensers Market Report Segments:

The market is segmented by Type Centralized Automated Dispensing Systems, Decentralized Automated Dispensing Systems and By Application Hospitals, Home Care.

Some of the companies that are profiled in this report are:

1. Baxter International Inc.
2. Becton
3. Dickinson and Company
4. Cerner Corporation
5. Capsa Healthcare
6. McKesson Corporation
7. Omnicell Inc.
8. ScriptPro LLC
9. Swisslog Holdings AG
10. Talyst, Inc.
11. Yuyama Co., Ltd.

Automatic Pill Dispensers Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Automatic Pill Dispensers Market

Overview of the regional outlook of the Automatic Pill Dispensers Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Automatic Pill Dispensers Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Automatic Pill Dispensers Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Centralized Automated Dispensing Systems

                2. Decentralized Automated Dispensing Systems

                1. Hospitals

                2. Home Care

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. 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 2028.

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

Reasons to Purchase the Automatic Pill Dispensers Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.