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With an initial valuation of $3.29B in 2023 and an expected increase to $6.79B by 2030, the automatic pill dispenser market is expected to expand at a CAGR (compound annual growth rate) of 9.5% from 2023 to 2030. One of the main factors fueling the market's expansion is the increasing number of elderly people, who are at a higher risk of developing chronic diseases like COPD, heart disease, cancer, diabetes, and others.
People now need to take various medications every day to combat the rising tide of chronic diseases like diabetes, heart disease, and respiratory problems. To make sure patients stick to their treatment plans, automatic pill dispensers offer efficient and methodical ways to manage complicated medication regimens. Consequently, the increasing number of people affected by disease, especially those with chronic conditions and problems related to medication management, is a major concern.
One factor that can slow the industry's growth is the increasing cost of automatic pill dispensers. Although automatic pill dispensers make medication management easier and more convenient, not everyone can afford them. The elderly, those living on fixed incomes, and those without extensive health insurance are among the most vulnerable populations when it comes to affordability concerns.
An expertly crafted research study of the pharmaceutical sector, the "Global Automatic Pill Dispenser Market Analysis to 2028" examines the state of the industry on a worldwide scale. The purpose of this research is to offer a synopsis of the automatic pill dispenser industry by breaking it down into submarkets defined by product type, end user, and regional focus. Throughout the projected timeframe, the worldwide market for automatic pill dispensers is anticipated to experience robust expansion. Key information on the market status of the top companies in the automatic pill dispenser industry are included in the study, along with important market trends and opportunities.
When the worldwide supply chains were disrupted in 2020 due to the COVID-19 pandemic, it had a significant impact on the production and distribution of many items, including automated pill dispensers. Reduced user access was a result of shortages and delays in the dispensers' availability caused by disturbances in the supply chain. The implementation and incorporation of automated pill dispensers into healthcare systems were halted due to the reallocation of resources and attention to matters pertaining to the epidemic.
In Western nations, Alzheimer's disease accounts for the vast majority of dementia cases. Worldwide, the prevalence could reach 24 million, with an estimated 5.5 million impacted in the US alone. The anticipated prevalence of diabetes is 9.3% in 2019 (463 million people), 10.2% in 2030 (578 million), and 10.9% in 2045 (700 million). Proper medicine administration is a critical part of any disease treatment plan. People with Alzheimer's disease, another kind of dementia, and mild cognitive impairment often have trouble keeping track of all the prescriptions they need to take during the day. You may need to take your prescription three times daily for some of them, and you may only need to take them on certain days. A pill dispenser is useful because many individuals take multiple medications. Daily, most people take their prescription at the same time. Making sure you take your diabetes medication as prescribed is a breeze with a smart pillbox alert reminder.
Plus, turn it into something else entirely. In conclusion, taking medication at the same time each day can help one stay on track. Increasing global populations of people aged 65 and up, as well as the prevalence of chronic diseases, are the primary drivers of the researched market expansion. Illnesses are on the rise mostly because people aren't living the way they used to. As an example, according to the World Health Organization's (WHO) Health Estimates 2021 report, the top ten causes of disability-adjusted life years (DALYs) in the year 2021 were problems related to the newborn, ischemic heart disease, stroke, lower respiratory infections, diarrheal diseases, road injuries, COPD, diabetes mellitus, tuberculosis, anomalies present at birth, and diabetes. Over the past 20 years, the mortality toll from dementia and Alzheimer's has increased by a factor of three in women, with an estimated 80% higher death toll and 70% higher disability-adjusted life years (DALYs) in women than in men. So, the worldwide Automatic Pill Dispenser market has been growing at a healthy CAGR in recent years, thanks to medical conditions like these.
Worldwide, governments are implementing measures to guarantee the efficient operation of the healthcare industry. Growing government programs and regulatory greenlights are good news for the automated pill dispenser market. Beyond that, the automatic pill dispenser industry stands to benefit from rising investments in homecare, new technological developments, and the launch of innovative gadgets. New technologies and more people paying attention to healthcare goods will be good for the automatic pill dispenser market.
Report Coverage
Global Automatic Pill Dispenser research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Automatic Pill Dispenser report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Automatic Pill Dispenser competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Automatic Pill Dispenser market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Automatic Pill Dispenser market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Automatic Pill Dispenser market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Capsa Healthcare, Coloplast A/S, Cerner Corporation, Omillionicell, Inc., ScriptPro LLC, Innovation Associates, Inc., KUKA AG, McKesson Corporation, Yuyama Co. Limited, Pearson Medical Technologies, LLC, Parata Systems LLC, GlobalMed Inc., Kirby Lester LLC, Swisslog Holding AG, Willach Group, Medissimo SA, TCGRx, Talyst, Inc., AmerisourceBergen Corporation, Baxter International Inc., Becton, Dickinson and Company, Omnicell Inc.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Automatic Pill Dispenser market based on the below-mentioned segments:
Global Automatic Pill Dispenser Market, By Type
Centralized Automated Dispensing System
Decentralized Automated Dispensing System
Others
Global Automatic Pill Dispenser Market, By End User
Hospital Pharmacy
Retail Pharmacy
Home Healthcare
Others
Global Automatic Pill Dispenser market, Regional Analysis
People now need to take various medications every day to combat the rising tide of chronic diseases like diabetes, heart disease, and respiratory problems. To make sure patients stick to their treatment plans, automatic pill dispensers offer efficient and methodical ways to manage complicated medication regimens. Consequently, the increasing number of people affected by disease, especially those with chronic conditions and problems related to medication management, is a major concern.
One factor that can slow the industry's growth is the increasing cost of automatic pill dispensers. Although automatic pill dispensers make medication management easier and more convenient, not everyone can afford them. The elderly, those living on fixed incomes, and those without extensive health insurance are among the most vulnerable populations when it comes to affordability concerns.
An expertly crafted research study of the pharmaceutical sector, the "Global Automatic Pill Dispenser Market Analysis to 2028" examines the state of the industry on a worldwide scale. The purpose of this research is to offer a synopsis of the automatic pill dispenser industry by breaking it down into submarkets defined by product type, end user, and regional focus. Throughout the projected timeframe, the worldwide market for automatic pill dispensers is anticipated to experience robust expansion. Key information on the market status of the top companies in the automatic pill dispenser industry are included in the study, along with important market trends and opportunities.
When the worldwide supply chains were disrupted in 2020 due to the COVID-19 pandemic, it had a significant impact on the production and distribution of many items, including automated pill dispensers. Reduced user access was a result of shortages and delays in the dispensers' availability caused by disturbances in the supply chain. The implementation and incorporation of automated pill dispensers into healthcare systems were halted due to the reallocation of resources and attention to matters pertaining to the epidemic.
In Western nations, Alzheimer's disease accounts for the vast majority of dementia cases. Worldwide, the prevalence could reach 24 million, with an estimated 5.5 million impacted in the US alone. The anticipated prevalence of diabetes is 9.3% in 2019 (463 million people), 10.2% in 2030 (578 million), and 10.9% in 2045 (700 million). Proper medicine administration is a critical part of any disease treatment plan. People with Alzheimer's disease, another kind of dementia, and mild cognitive impairment often have trouble keeping track of all the prescriptions they need to take during the day. You may need to take your prescription three times daily for some of them, and you may only need to take them on certain days. A pill dispenser is useful because many individuals take multiple medications. Daily, most people take their prescription at the same time. Making sure you take your diabetes medication as prescribed is a breeze with a smart pillbox alert reminder.
Plus, turn it into something else entirely. In conclusion, taking medication at the same time each day can help one stay on track. Increasing global populations of people aged 65 and up, as well as the prevalence of chronic diseases, are the primary drivers of the researched market expansion. Illnesses are on the rise mostly because people aren't living the way they used to. As an example, according to the World Health Organization's (WHO) Health Estimates 2021 report, the top ten causes of disability-adjusted life years (DALYs) in the year 2021 were problems related to the newborn, ischemic heart disease, stroke, lower respiratory infections, diarrheal diseases, road injuries, COPD, diabetes mellitus, tuberculosis, anomalies present at birth, and diabetes. Over the past 20 years, the mortality toll from dementia and Alzheimer's has increased by a factor of three in women, with an estimated 80% higher death toll and 70% higher disability-adjusted life years (DALYs) in women than in men. So, the worldwide Automatic Pill Dispenser market has been growing at a healthy CAGR in recent years, thanks to medical conditions like these.
Worldwide, governments are implementing measures to guarantee the efficient operation of the healthcare industry. Growing government programs and regulatory greenlights are good news for the automated pill dispenser market. Beyond that, the automatic pill dispenser industry stands to benefit from rising investments in homecare, new technological developments, and the launch of innovative gadgets. New technologies and more people paying attention to healthcare goods will be good for the automatic pill dispenser market.
Report Coverage
Global Automatic Pill Dispenser research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Automatic Pill Dispenser report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Automatic Pill Dispenser competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Automatic Pill Dispenser market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Capsa Healthcare, Coloplast A/S, Cerner Corporation, Omillionicell, Inc., ScriptPro LLC, Innovation Associates, Inc., KUKA AG, McKesson Corporation, Yuyama Co. Limited, Pearson Medical Technologies, LLC, Parata Systems LLC, GlobalMed Inc., Kirby Lester LLC, Swisslog Holding AG, Willach Group, Medissimo SA, TCGRx, Talyst, Inc., AmerisourceBergen Corporation, Baxter International Inc., Becton, Dickinson and Company, Omnicell Inc. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Automatic Pill Dispenser Market from 2021 to 2030.
- Market Forecast for Automatic Pill Dispenser Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Automatic Pill Dispenser competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Automatic Pill Dispenser
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Automatic Pill Dispenser market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Automatic Pill Dispenser market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Capsa Healthcare, Coloplast A/S, Cerner Corporation, Omillionicell, Inc., ScriptPro LLC, Innovation Associates, Inc., KUKA AG, McKesson Corporation, Yuyama Co. Limited, Pearson Medical Technologies, LLC, Parata Systems LLC, GlobalMed Inc., Kirby Lester LLC, Swisslog Holding AG, Willach Group, Medissimo SA, TCGRx, Talyst, Inc., AmerisourceBergen Corporation, Baxter International Inc., Becton, Dickinson and Company, Omnicell Inc.
Primary Target Market
- Market Players of Automatic Pill Dispenser
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Automatic Pill Dispenser market based on the below-mentioned segments:
Global Automatic Pill Dispenser Market, By Type
Centralized Automated Dispensing System
Decentralized Automated Dispensing System
Others
Global Automatic Pill Dispenser Market, By End User
Hospital Pharmacy
Retail Pharmacy
Home Healthcare
Others
Global Automatic Pill Dispenser market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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