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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Automatic Pill Dispenser Machine Market Size
The global automatic pill dispenser machine market 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.
Automatic Pill Dispenser Machine Market Report Snapshots
Automatic Pill Dispenser Machine Market Size
Automatic Pill Dispenser Machine Companies
*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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Key Questions Answered in the Report
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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