Automatic Pill Dispenser Machine Market Size, Growth Report To 2023
The global automatic pill dispenser machine market size was valued at USD 2.5 billion in 2021 and is poised to grow at a 9.8% CAGR during the forecast period 2023 to 2029. The primary driver of the expansion of the global automatic pill dispenser machine market includes an increase in medication intake, an increase in the geriatric population and diseases associated with old age, the prevalence of chronic and infectious diseases, and technological developments. The global automatic pill dispenser machine market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region.
View the detailed report description here - https://precisionbusinessinsights.com/market-reports/automatic-pill-dispenser-machine-market/
The global automatic pill dispenser machine market segmentation:
1) By Type: Centralized Automated Dispensing Systems and Decentralized Automated Dispensing Systems
2) By Indication: Dementia, Old age, Visual Impairment, Physical Disability, Parkinson’s Disease, Mental Health excluding dementia, Learning difficulties, and Others
3) By Age Group: 18-64 Years, 65-74 Years, 75-84 Years, and 85 Years and Above.
4) By Application: Hospital Pharmacies, Retail Pharmacies, Home Healthcare, and Others
The old age segment held considerable market share during the estimated period. The automatic pill dispenser market is growing profoundly due to sedentary busy lifestyles. The rise in the prevalence of chronic diseases, and the increase in the aged population are likely to increase the demand for medication which indirectly boost the market growth of the automatic pill dispenser market. Moreover, the global geriatric population is increasing significantly, they are susceptible to numerous memory loss, and chronic and cardiac disorders such as cardiomyopathy, stroke, arrhythmias, and cardiac arrest. So, they need the continuous support of caretakers who can be replaceable by automatic pill dispensers. Moreover, this will drive market growth.
Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=57290
North America is expected to increase in the global automatic pill dispenser machine market over the forecast period. It is projected to grow at a significant CAGR in the coming years due to the increased need for numerous drugs for each patient and increased upgradation of the healthcare system with the constant support of the government. The region is also expected to lead the market during the forecasted years due to the increasing adoption rate in underdeveloped regions.
The automatic pill dispenser machine market key players are McKesson Corporation Talyst Inc., ScriptPro LLC, Yuyama Co.Ltd., Baxter International Inc., Dickinson and Company, Becton, Capsa Healthcare, Omnicell Inc., Swisslog Holdings AG, and Cerner Corporation.
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747
English
Arabic
Français
Español
Deutsch
Türkçe
Dutch
Italiano
Russian
Romaian