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Global Automatic Pill Dispenser Machine Market: By Type: Centralised Automated Dispensing Systems, Decentralised Automated Dispensing Systems; By Application: Hospital Pharmacies, Retail Pharmacies, Home Healthcare; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Automatic Pill Dispenser Machine Market Outlook

The global automatic pill dispenser machine market is expected to grow at a CAGR of 7% in the forecast period of 2021-2026 to reach a value of approximately USD 3.6 billion by 2026.

 

Global Automatic Pill Dispenser Machine Market

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Hospital Pharmacies to Augment the Automatic Pill Dispenser Machine Industry Growth

Based on application, the hospital pharmacies sector accounts for a significant share in the automatic pill dispenser machine industry. This can be attributed to the increase in the global elderly population, combined with the high rates of hospitalisation. The constant increase in the prevalence of chronic diseases such as cancer, diabetes, osteoarthritis and many others are also responsible for the market growth. In addition, rise in the number of prescriptions and the absence of trained pharmacists, which can lead to a high rate of error in manual dispensing, are also some of the factors that are anticipated to improve the automatic pill dispenser device adoption in the forecast period.

 

North America to Provide Enhanced Growth Opportunities to the Automatic Pill Dispenser Machine Industry

Region-wise, North America is expected to witness robust growth over the forecast period owing to the high rate of chronic diseases such as obesity and cancer in the United States. Furthermore, the United States and Canada are expected to significantly contribute to the industry growth due to the presence of advanced healthcare facilities in the regions, which are responsible for promoting automation in the field of medication.

 

Automatic Pill Dispenser Machine: Industry Definition and Segmentation

Automatic pill dispensers are items that, at specified time, release medication. Their goal is to assist senior citizens and other individuals with diminished ability to stick to their prescribed regimen of medication. Automatic pill dispensers are widely used to serve medical purposes and to help people, whether elderly or chronically ill, take their prescription medicine, OTC medication, or regular supplements at a specified date and time. In the healthcare industry, telehealth devices, such as automatic or electronic pill boxes work to alert patients when it is time to take action.

 

Global Automatic Pill Dispenser Machine Market By Application

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By type, the market is divided into:

  • Centralised Automated Dispensing Systems
  • Decentralised Automated Dispensing Systems

While centralised automated dispensing systems are further divided into robots/robotic and carousels, the decentralised automated dispensing systems are sub divided into pharmacy-based, ward based, and automated unit dose dispensing systems, based on type.

By application, the market is categorised into:

  • Hospital Pharmacies
  • Retail Pharmacies 
  • Home Healthcare
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Automatic Pill Dispenser Machine Market by Region

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Rise in Prevalence of Chronic Diseases and the Increasing Shift Towards Automation to Bolster the Growth of the Automatic Pill Dispenser Machine Industry

With the growth in people being forced to choose a sedentary lifestyle because of work, more and more people are getting affected by chronic as well as lifestyle disorders. The rise in the prevalence of diseases, combined with the increase in population globally, is likely to increase the demand for medication, and, thus, this will lead to the growth of the overall pill dispenser market. Further, the increase in demand for automation in the healthcare sector has impacted the industry in a positive way. This has led to a drastic growth of the automatic pill dispenser machine industry. Even though automatic dispensers help in reducing time and effort, the implementation of the dispenser is considered technically challenging. Thus, this may hinder the growth of the automatic pill dispenser machine industry.

Over the forecast period, the rise in technological advancements and the growing awareness about cheaper and better pill dispensers are expected to favour the industry growth. The worldwide increase in the number of people getting hospitalised is expected to aid the industry in the coming years.

 

Key Industry Players in the Global Automatic Pill Dispenser Machine Market

The report gives a detailed analysis of the following key players in the global automatic pill dispenser machine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Becton, Dickinson and Company
  • Cerner Corporation
  • Talyst, LLC
  • YUYAMA Co.,Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region
Breakup by Type Centralised Automated Dispensing Systems, Decentralised Automated Dispensing Systems
Breakup by Application Hospital Pharmacies, Retail Pharmacies, Home Healthcare, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Becton, Dickinson and Company, Cerner Corporation, Talyst, LLC, YUYAMA Co.,Ltd, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Automatic Pill Dispenser Machine Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Automatic Pill Dispenser Machine Historical Market (2016-2020) 
    8.3    Global Automatic Pill Dispenser Machine Market Forecast (2021-2026)
    8.4    Global Automatic Pill Dispenser Machine Market by Type
        8.4.1    Centralised Automated Dispensing Systems
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
            8.4.1.4    Breakup by Type
                8.4.1.4.1    Robots/Robotic
                    8.4.1.4.1.1    Market Share
                    8.4.1.4.1.2    Historical Trend (2016-2020)
                    8.4.1.4.1.3    Forecast Trend (2021-2026)
                8.4.1.4.2    Carousels
                    8.4.1.4.2.1    Market Share
                    8.4.1.4.2.2    Historical Trend (2016-2020)
                    8.4.1.4.2.3    Forecast Trend (2021-2026)
        8.4.2    Decentralised Automated Dispensing Systems
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
            8.4.2.4    Breakup by Type
                8.4.2.4.1    Pharmacy-Based
                    8.4.2.4.1.1    Market Share
                    8.4.2.4.1.2    Historical Trend (2016-2020)
                    8.4.2.4.1.3    Forecast Trend (2021-2026)
                8.4.2.4.2    Ward-Based
                    8.4.2.4.2.1    Market Share
                    8.4.2.4.2.2    Historical Trend (2016-2020)
                    8.4.2.4.2.3    Forecast Trend (2021-2026)
                8.4.2.4.3    Automated Unit Dose Dispensing Systems
                    8.4.2.4.3.1    Market Share
                    8.4.2.4.3.2    Historical Trend (2016-2020)
                    8.4.2.4.3.3    Forecast Trend (2021-2026)
    8.5    Global Automatic Pill Dispenser Machine Market by Application
        8.5.1    Hospital Pharmacies
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Retail Pharmacies
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Home Healthcare
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Others
    8.6    Global Automatic Pill Dispenser Machine Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country Kingdom
            9.2.3.1    United 
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Becton, Dickinson and Company
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Cerner Corporation
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Talyst, LLC
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    YUYAMA Co.,Ltd
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global Automatic Pill Dispenser Machine Market: Key Industry Highlights, 2016 and 2026
2.    Global Automatic Pill Dispenser Machine Historical Market: Breakup by Type (USD Million), 2016-2020
3.    Global Automatic Pill Dispenser Machine Market Forecast: Breakup by Type (USD Million), 2021-2026
4.    Global Automatic Pill Dispenser Machine Historical Market: Breakup by Application (USD Million), 2016-2020
5.    Global Automatic Pill Dispenser Machine Market Forecast: Breakup by Application (USD Million), 2021-2026
6.    Global Automatic Pill Dispenser Machine Historical Market: Breakup by Region (USD Million), 2016-2020
7.    Global Automatic Pill Dispenser Machine Market Forecast: Breakup by Region (USD Million), 2021-2026
8.    North America Automatic Pill Dispenser Machine Historical Market: Breakup by Country (USD Million), 2016-2020
9.    North America Automatic Pill Dispenser Machine Market Forecast: Breakup by Country (USD Million), 2021-2026
10.    Europe Automatic Pill Dispenser Machine Historical Market: Breakup by Country (USD Million), 2016-2020
11.    Europe Automatic Pill Dispenser Machine Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Asia Pacific Automatic Pill Dispenser Machine Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Asia Pacific Automatic Pill Dispenser Machine Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Latin America Automatic Pill Dispenser Machine Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Latin America Automatic Pill Dispenser Machine Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Middle East and Africa Automatic Pill Dispenser Machine Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Middle East and Africa Automatic Pill Dispenser Machine Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Global Automatic Pill Dispenser Machine Market Structure

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