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The global automatic pill dispenser machine market size was valued at USD 2.93 billion in 2023. The major drivers of the market include the increasing demand for medication, increase in demand for automation in the healthcare sector, increase in the number of people getting hospitalised, rise in the number of prescriptions and absence of trained pharmacists. The market is anticipated to grow at a CAGR of 8.5% during the forecast period 2024-2032 to reach a value of USD 6.10 billion by 2032.
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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.
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 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.
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By type, the market is divided into:
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:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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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.
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:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Indication |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| 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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global automatic pill dispenser machine market reached a value of USD 2.93 billion in 2023.
The market is projected to grow at a CAGR of 8.5% during the forecast period of 2024-2032 to reach a value of USD 6.10 billion by 2032.
The major drivers of the market include the increasing demand for medication, increase in demand for automation in the healthcare sector, rise in technological advancements, growing awareness about cheaper and better pill dispensers, increase in the number of people getting hospitalised, rise in the number of prescriptions, absence of trained pharmacists and presence of advanced healthcare facilities.
The rise in the prevalence of chronic diseases and the increase in population globally are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Centralised automated dispensing systems and decentralised automated dispensing systems are the types of automatic pill dispenser machines in the market. 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.
The major applications are hospital pharmacies, retail pharmacies, and home healthcare, among others.
The major players in the industry are Becton, Dickinson and Company, Cerner Corporation, Talyst, LLC, and YUYAMA Co., Ltd, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
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+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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