An automatic pill dispenser is a device that stores and dispenses medication in pre-set doses. It is typically used by people who take multiple medications or who have difficulty remembering to take their medication. The dispenser is programmed to dispense the correct amount of medication at the correct time. It can be used with or without supervision.
The Automatic Pill Dispenser Market was valued at 3.8 billion in 2022 and it is anticipated to grow up to USD 6.8 billion by 2032, at a CAGR of 8.5% during the forecast period.
Download Research Report Sample & TOC:
https://www.globalinsightservices.com/request-sample/?id=GIS24341
(We are providing report as per your research requirement, including the Latest Industry Insight’s Evolution and Potential)
- 10 – Chapter
- 460 – Pages
- Industry: Medical Devices
Key trends:
Recent technological advances in automatic pill dispensers are expected to drive the industry in the near future. The introduction of automatic pill dispensers connected with barcode scanning allows for precise medicine delivery while also preventing the loading of incorrect medication and providing additional safety precautions for high-risk pharmaceuticals. The bluetooth connectivity enables customers to connect these gadgets to any compatible device, including phones, to receive visual and audible notifications, so favourably pushing industrial expansion. These gadgets now come with a digital detachable timer, which is ideal for people with memory or cognitive problems who require frequent reminders to take medications. As a result of the introduction of unique devices that allow users to select the schedules to dispense numerous medications at the needed times, the industry demand is expanding dramatically.
Get Special Pricing of Reports with your Requirements:
https://www.globalinsightservices.com/request-special-pricing/GIS24341
Market Segmentation:
Based on end-user:
The market is segmented as hospitals, pharmacies, hame care, and others. The hospital segment held substantial market share in 2022 and is anticipated to witness notable growth to reach highest market share and CAGR by 2032. An automatic pill dispenser in a hospital provides a medication management system that maintains drugs neatly organised and secure, driving the industry size. These systems can manage each user’s access to stored drugs based on individual permissions and automatically document and trace all transactions. The computerised automatic pill dispenser used in hospitals is an advanced system for full drug dispensing process management that eliminates human mistake, subtracts the drug from the central inventory in real-time, and updates clinical case records.
Based on Indication:
It is categorized into physical disability, neurodegenerative disorders and dementia, and others. Among these, the physical disability segment held substantial market share in 2022 and is anticipated to witness notable growth to reach highest market share and CAGR by 2032. The growth of the physical disability segment in the Automatic Pill Dispenser Market can be attributed to the increasing recognition of the challenges faced by individuals with physical limitations in adhering to complex medication regimens. With the rising prevalence of chronic illnesses and the aging population worldwide, there is a growing need for user-friendly and accessible healthcare solutions.
Inquiry before Buying:
https://www.globalinsightservices.com/inquiry-before-buying/GIS24341
Data Summary:
Report Attribute |
Details |
| Market Size in 2022 | $3.8 bn |
| Market Size in 2032 | $6.8 bn |
| Growth Rate (2022-32) | 8.5% |
| Historic Period | 2016-2021 |
| Forecast Period | 2023-2032 |
| Base Year | 2022 |
| Segments Covered | Product, Indication, End-user, and Region |
| Key Companies | Becton, Dickinson, and Company, Accu-Chart Plus Healthcare Systems, Inc., ARxIUM Inc., Capsa Healthcare, Cerner Corporation, Hero Health, Inc, InstyMeds Corporation, McKesson Corporation, Medipense Inc., Medminder Systems, Inc., Omnicell Inc., Pharmacell Medications Systems Ltd., ScriptPro LLC., and Swisslog Healthcare AG, |
| Regional Scope | North America, Europe, Asia Pacific, Central & South America, Middle East & Africa |
| Analysis Coverage | Market Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments |
Recent Developments
- In December 2021, Hero and AdhereHealth entered a strategic partnership. Hero’s platform includes a connected smart pill dispenser, which automatically sorts and dispenses medications according to a patient’s unique medication schedule. This partnership has led to simultaneously improving patient safety by focusing on medication management, further supporting caregivers, and helping people take more control of their health.
- In July 2021, Big Sky Labs has raised $1 million in seed funding to develop a device to dispense medications and provide other home health services such as wellness checks and health monitoring. The device, called PillPez, dispenses medications at specified times during the day from pre-loaded medication strips available from most pharmacies. If an individual does not take the drugs, PillPez provides an escalating set of reminders, including to caregivers or family.
- In March 2021, Accelmed Partners announced that it led a $40 million investment in MedMinder Systems Inc., to further expand the Companys geographic footprint, integrate new telemedicine technologies, and serve a larger U.S. customer base.”
- In December 2020, Capsa Healthcare announced a significant development in its NexsysADC product line, the addition of new auxiliary cabinets of up to 10 tiers that will help to expand storage and supplies of medication doses significantly.
Procure Complete Report (460 Pages PDF with Insights, Charts, Tables, and Figures) @
https://www.globalinsightservices.com/checkout/single_user/GIS24341
Key Players:
- Capsa Healthcare
- Cerner Corporation
- Hero Health, Inc
- InstyMeds Corporation
- McKesson CorporationMedipense Inc.
- Medminder Systems, Inc
- Omnicell Inc.
- Pharmacell Medications Systems Ltd
- ScriptPro LLC
- Swisslog Healthcare AG
By Region
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
- Latin America (Brazil, Argentina, Rest of Latin America)
- Middle East and Africa (UAE, Saudi Arabia, Rest of Middle East And Africa)
With Global Insight Services, you receive:
- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
- Free consultation with lead analyst of the report
- Infographic excel data pack, easy to analyze big data
- Robust and transparent research methodology
- Unmatched data quality and after sales service
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
About Us:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.