Market Highlights

The increasing prevalence of cardiovascular disorders and growing older population are the key factors driving the automatic pill dispenser market. As per the report published by the Centers for Disease Control and Prevention (CDC) in 2017, nearly 92.1 million adults were dealing with at least one type of cardiovascular disease.

The Global Automatic Pill Dispenser Market Size is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 5.71 Billion in 2022-2030 and is projected to register a CAGR of 8.5% over the forecast period.

Various other factors such as the advancements in automatic pill dispenser, increasing geriatric population, untapped emerging markets, rise in regulatory approvals, and increasing investment on home care centers are also expected to propel the growth of the market.

However, the high cost of the system can hamper market growth over the forecast period.

Segmentation

The global automatic pill dispenser market is segmented based on type, end user, and region.

The global market for automatic pill dispenser, by type, is segmented into a centralized, automated dispensing system, and decentralized the automated dispensing system. The centralized, automated dispensing system is further classified into robotic automated dispensing systems, and carousels. Furthermore, the decentralized automated dispensing system is classified into a pharmacy-based automated dispensing system, ward-based automated dispensing system, and automated unit dose dispensing system.

Based on end user, the market is segmented into hospital pharmacy, retail pharmacy, and home healthcare.

The centralized, automated dispensing system segment is expected to witness the fastest growth over the forecast period due to increasing adoption in various hospitals as well as other healthcare facilities.

Key Players

Some of the key players in the global automatic pill dispenser market are Baxter International Inc, Becton, Dickinson and Company, Cerner Corporation, Capsa Healthcare, McKesson Corporation, Omnicell Inc., ScriptPro LLC, Swisslog Holdings AG, Yuyama Co.Ltd. Talyst, Inc., and others