The global Automatic Pill Dispenser market garnered revenue around USD 1,900 million in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 7.8% throughout the estimate period from 2020 to 2027.
The increasing geriatric population is one of the key factors driving the automatic pill dispenser market as older population find it difficult to keep track of medications, and automatic pill dispenser helps them to adhere to timely medications. According to WHO, it is estimated that the world's population aged 60 years and older are likely to double from 12% to 22% by 2050.
Various other factors such as the advancements in pill dispensers, raising awareness regarding adherence to medications, rise in regulatory approvals, and increasing investment on home care centers are also expected to propel the growth of the market. For instance, Omnicell, Inc., a leading provider of medication and supply management solutions, has launched XT Series Automated Supply Dispensing Cabinet. This new series offers additional features such as flexibility with modular design and significantly increased storage capacity.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Automatic Pill Dispenser market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Automatic Pill Dispenser market growth.
The global Automatic Pill Dispenser market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Baxter International Inc.
Becton, Dickinson and Company
Cerner Corporation
Capsa Healthcare
McKesson Corporation
Omnicell Inc.
ScriptPro LLC
Swisslog Holdings AG
Yuyama Co.Ltd.
Talyst, Inc.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Automatic Pill Dispenser Market, by Type
Centralized automated dispensing system
Robotic Automated Dispensing Systems
Carousels
Decentralized automated dispensing system
Pharmacy-based automated dispensing system
Ward-based automated dispensing system
Automated unit dose dispensing system
Global Automatic Pill Dispenser Market, by End User
Hospital Pharmacy
Retail Pharmacy
Home Healthcare
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
North America
? U.S.
? Canada
Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
Central & South America
? Brazil
? Argentina
? Rest of Central & South America
Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA
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