openPR Logo
Press release

Medication Dispenser Market Forecast and Analysis by FMI

03-27-2018 02:51 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Medication Dispenser Market Forecast and Analysis by FMI

According to Wikipedia, medication or pill dispenser is an equipment which releases medication at specified time. In simple language, an equipment gives a signal when the time comes to take the medicine. The purpose is to help senior citizens or people who may suffer from impaired ability to adhere to their prescribed medication regime. The device automatically releases the pre-measured dose into a small compartment that is easily opened and sounds a loud signal that it is time to take the medication. If the patient would not be able to take the medication out of the dispenser door, the medication dispenser send a signal to a monitoring station which can contact the patient or family who can address the situation.

According to Wikipedia, medication dispenser are useful for all types of patients including the elderly or those who have memory deficiencies and those taking multiple medications, as an aid in remembering to take proper doses of their medications thereby complying with their doctor’s recommended dose. Medication dispenser allow a patient to know whether or not they have taken a particular dose of their medication, if a medicine still remains in its compartment, it is apparent that it has not yet been taken, whereas if it is missing, it has already been taken. Medication dispenser often have various feature to make them easier for special needs patients to use, such as color-coding, braille for the blind or a locking mechanism to prevent double dosing. Some organizers used for diabetes patients have sections for insulin and hypodermic syringes.

Automated dispensing machine provide secure medication storage on patient care unit, along with electronic tracking of the use of controlled drugs. Medication dispensers save nursing time by eliminating the need for manual end-of-shift controlled drug’s counts in patient care units. Automated dispensing machines enhance first-dose availability and facilitate the timely administration of medications by increasing their accessibility on patient care units. This benefit is particularly important in emergency departments and intensive care units, where most hospitals still use a floor stock system because of frequent dose changes and need for immediate access.

A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2227


There has been increasing pressure on healthcare providers and pharmacists to reduce medication errors which has been leading to cause death of the patients across the globe. Deploying more effective technologies such as medication dispensers ensures error-free dispensing of medication as well as patient’s safety. With the rising number of patients, medication distribution has also become complex and difficult and only automatic medication dispenser system would be able to resolve the medication distribution problem. Apart from these factors, many types of dispensers along with innovation are creating promising market of medication dispensers.

North America dominates the medication dispensers market and one of the primary reasons of flourishing this market is increasing errors in dispensing of medication prescription. The frequent medication errors are a leading cause of death in North America region. However, with an adoption of medication dispensers these errors can be prevented remarkably. This particular reason is fuelling the growth of the medication dispensers market. In other regions, like Western and Eastern Europe, Asia-Pacific and Japan, the demand for medication dispensers are increasing, this create robust development of medication dispensers market. Asia-Pacific is expected to grow at a much faster rate as compared to the developed regions of North America and Europe by 2020.

Request For Table Of Content @ https://www.futuremarketinsights.com/toc/rep-gb-2227

Increasing awareness and rapid improvement in healthcare services will create robust development in medication dispenser market. The global medication dispenser market has shown significant growth over the past few years and is expected to show robust growth during forecast period.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Medication Dispenser Market Forecast and Analysis by FMI here

News-ID: 994673 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Medication

Administration of medication & enteral feeding
Introduction An adequate way to deliver nutrients directly to the gastrointestinal tract is through enteral feeding. This definition applies to orogastric, nasogastric, and gastrostomy tube feeding in this recommendation. For a variety of causes, along with the following, a wide range of kids may need enteral feeding for a short or long time: Not being able to consume enough nutrientsPoor swallowing or suckingStructural issues with the face or oesophagusAnorexia brought on by
Medication Management System Market - Increasing Cases of Medication Errors and …
The Medication Management System market report presents the global Medication Management System sales and revenue by companies, regions, type and application and forecast to 2028. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. Medication management system is designed to help doctors and other healthcare providers to make better-quality decisions about
Pain Relief Medication Market
“Pain Relief Medication Market” study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies revenues. It concludes with precise and authentic
Medication Package Inserts – Medical Malpractice?
All prescription medications come with a package inserts in them that provides detailed information about the medication, the conditions that it treats, the potential side effects as well as possible drug interactions, dosing and other important information. Unfortunately, most people, including doctors, assume that this information is more of a legal document that is written in order to protect the drug manufacturers. As a result, they fail to take the
Non-Sterile Compounding Pharmacy Market Mega Trends 2018 | By Product - Oral Med …
Non-Sterile Compounding Pharmacy Market is growing continuously and is expected to grow at a CAGR of 2.65% from 2017 to 2023. Compounding involves the customization of the medicine based on the physician prescription. The pharmacist customizes the dosage or strength and reformulates the drug by excluding unwanted ingredients to which the patient is allergic, or may change the form of the medicine for the patients who are unable to swallow
Animal Medication Market Report : 2017
Reports And Markets Publish a New Market Research Report On –"Animal Medication Market Report 2017" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/asia-pacific-animal-medication-market-report-2017-1541101 In this report, the Asia-Pacific Animal Medication market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split Asia-Pacific into several key Regions, with