Automatic Pill Dispenser Machine Market Report 2022-2027: Industry Size, Share, Trends, Growth and Forecast

The latest research study "Automatic Pill Dispenser Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global automatic pill dispenser machine market size reached US$ 2.79 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.51 Billion by 2027 exhibiting a growth rate (CAGR) of 12.70% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Industry Definition and Application:

An automatic pill dispenser machine represents exclusively customized medical devices that dispense the right medication in the required amounts and time. In terms of product types, they can be segmented into robots and robotic automated dispensing systems, carousels, pharmacy-based automated dispensing systems, etc. These automatic pill dispenser machine variants consist of an LED display, motor, alarm system, pill container, controller, and microcontroller interface with an alphanumeric keypad and dispenser. They aid in scheduling medications and reduce human errors and the risk of accidental overdosing and underdosing. Consequently, automatic pill dispenser machine models are extensively utilized in hospital pharmacies, home pharmacies, visual impairment centers, old age homes, physical disability centers, etc

Automatic Pill Dispenser Machine Market Trends and Drivers:

The growing geriatric population that is highly prone to chronic diseases, such as cardiovascular illnesses, diabetes, cancer, etc., is primarily driving the automatic pill dispenser machine market.

Additionally, the elevating product usage by patients suffering from memory loss to ensure accurate dosage and reduce the incidences of dosage skip is acting as another significant growth-inducing factor. Moreover, the development of advanced machineries integrated with artificial intelligence (AI) that aid in voice and facial recognition to provide the correct pills to the patients is also positively influencing the global market.

Besides this, the rising demand for self-care and home-based treatments, owing to hectic lifestyles and busy schedules, is expected to propel the automatic pill dispenser machine market in the coming years.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Type:
• Centralized Automated Dispensing Systems
o Robots and Robotic Automated Dispensing Systems
o Carousels
• Decentralized Automated Dispensing Systems
o Pharmacy-Based Automated Dispensing Systems
o Ward-Based Automated Dispensing Systems
o Automated Unit Dose Dispensing Systems

Breakup by Application:
• Hospital Pharmacy
• Retail Pharmacy
• Home Healthcare

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By Geography:
• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa

List of Major Key Players:

The major players in the market are Becton Dickinson and Company, Capsa Healthcare, Cerner Corporation, Lifeline Systems Inc. (Royal Philips Electronics), McKesson Corporation, Omnicell Inc., ScriptPro LLC, Talyst LLC (Swisslog Healthcare) and Yuyama Co. Ltd.

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