Press release
Automatic Pill Dispenser Machine Market Size to Surpass US$ 5.4 billion by 2030 with Regional Trends, Opportunities, Challenges
Automatic Pill Dispenser Machine Market
Allied Market Research has published a study report with the title Automatic Pill Dispenser Machine Marke Size was Valued at USD 2.5 billion in 2020, and is Projected to Garner USD 5.4 billion by 2030, registering a CAGR of 8.2% from 2021 to 2030.
COVID-19 Scenario
The outbreak of COVID-19 has had a negative impact on the growth of the global automatic pill dispenser machine market, owing to the occurrence of lockdowns in various countries across the globe. Lockdowns resulted in the closure of various manufacturing facilities, including those of automatic pill dispenser machine. They also led to disruption in the supply.
This was majorly due to the stringent social distancing restrictions imposed by the government to curb the spread of the virus during the pandemic.
However, the market is expected to recoup soon.
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The key players analyzed in the global automatic pill dispenser machine market report include Baxter International Inc., Becton, Dickinson and Company, Cerner Corporation, Capsa Healthcare, McKesson Corporation, Omnicell Inc., ScriptPro LLC, Swisslog Holdings AG, Talyst, Inc., and Yuyama Co., Ltd.
Automatic Pill Dispenser Machine Market Segmentation: -
Based on type, the centralized automated dispensing systems segment held the largest market share in 2020, garnering nearly four-fifths of the global market. The decentralized automated dispensing systems segment, on the other hand, is predicted to cite the fastest CAGR of 9.9% during the forecast period.
Based on application, the hospital pharmacy segment held the majority market share in 2020, holding nearly three-fourths of the global market. The retail pharmacies segment, on the other hand, is expected to cite the fastest CAGR of 9.2% during the forecast period.
Based on region, the North America region held the lion's share in 2020, garnering more than half of the global market. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 9.8% during the forecast period.
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Drivers, restraints, and opportunities-
Significant surge in the geriatric population, increase in need of medicine intake by people, rise in the cases of chronic & infectious diseases, and increase in the disposable income among people are expected to drive the growth of the global automatic pill dispenser machine market. On the other hand, stringent government regulations are predicted to hinder the growth to some extent. However, persistent technological advancements to improve efficiency of automatic pill dispenser machine is expected to create ample opportunities for the industry.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
Which are the driving factors responsible for the growth of market?
Which are the roadblock factors of this market?
What are the new opportunities, by which market will grow in coming years?
What are the trends of this market?
Which are main factors responsible for new product launch?
How big is the global & regional market in terms of revenue, sales and production?
How far will the market grow in forecast period in terms of revenue, sales and production?
Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
Which region has more opportunities?
By Region Outlook
• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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