Automatic Pill Dispenser Market Research Report - Global Global Forecast till 2027

Global Automatic Pill Dispenser Market Research Report: Information by Type (Centralized Automated Dispensing System, Decentralized Automated Dispensing System), End User (Hospital Pharmacy, Retail Pharmacy, Home Healthcare) and Region - Global Forecast till 2027

ID: MRFR/HC/6536-HCR | February 2021 | Region: Global | 90 pages

Please note that the assessment period of the report has been updated from 2019-2024 to 2020-2027.Cordially fill Sample form for the updated data

Market Scenario


The Global Automatic Pill Dispenser Market is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 1,700 million in 2018 and is projected to register a CAGR of 7.3% over the forecast period.


Automatic pill dispenser is a system that helps to dispense the right medication at the right time. It is the simplest way to manage the most complex medication regimes.


The increasing geriatric population is one of the key factors driving the automatic pill dispenser market as older population find it difficult to keep track of medications, and automatic pill dispenser helps them to adhere to timely medications. According to WHO, it is estimated that the world’s population aged 60 years and older are likely to double from 12% to 22% by 2050.


Various other factors such as the advancements in pill dispensers, raising awareness regarding adherence to medications, rise in regulatory approvals, and increasing investment on home care centers are also expected to propel the growth of the market. For instance, Omnicell, Inc., a leading provider of medication and supply management solutions, has launched XT Series Automated Supply Dispensing Cabinet. This new series offers additional features such as flexibility with modular design and significantly increased storage capacity.


However, the high cost of the system will 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, 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.


In the current scope of the study, the segments mentioned above are covered into the four global regions, namely, the Americas, Europe, Asia-Pacific, and the Middle East and African region.


The automatic pill dispenser market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.


The European automatic pill dispenser market has been segmented into Western Europe and Eastern Europe. Western Europe has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.  The automatic pill dispenser market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The automatic pill dispenser market in the Middle East & Africa has been segmented into the Middle East and Africa.


Key Players



  • 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.


Regional Market Summary


Global Automatic Pill Dispenser Market Share (%), by Region, 2018  Automatic Pill Dispenser Market_Image


Sources: MRFR Analysis


The Americas dominated the global market for automatic pill dispenser owing to the rising geriatric population within the region. As per the data suggested by the United Census Bureau, by 2060, the US is projected to grow by 79 million people, from about 326 million today to 404 million. The population is projected to cross the 400-million threshold in 2058. Additionally, according to the WHO, in the US, more than 20% of the total population is likely to be aged 65 years or over by 2030. Rising participation of market players is also strongly impacting the growth of the Americas automatic pill dispenser market. Moreover, the rising prevalence of chronic disorders such as cardiovascular disorders, cancer, diabetes, and others are driving the growth of the market. For instance, according to the National Cancer Institute, in 2016, in the US, 15.5 million new cases of cancer were registered, and approximately USD 147.3 billion were spent for cancer care.


 In 2018, it was estimated that Europe stood second in the global automatic pill dispenser market. Technological advancements, along with the availability of funding opportunities in research and innovation, will support market growth.


Asia-Pacific (APAC) is expected to represent the phenomenal market growth throughout the forecast period due to rising prevalence of chronic conditions, growing awareness about medications, and increasing healthcare expenditure. During 2016-2017, Australia spent nearly USD181 billion on health, which is more than USD 7,400 per person and 10% of overall economic activity.


On the other hand, the Middle East and Africa held the least share in the global automatic pill dispenser market due to the low economic development, especially within the African region.


Research Methodology


Market Research Future research is conducted by industry experts who offer insights into industry structure, market segmentation, assessment, Competitive Landscape (CL), penetration, as well as on emerging trends. Besides primary interviews (~ 80%) and secondary research (~ 20%), their analysis is based on their years of professional expertise in respective industries. Our analysts also predict where the market will be headed in the next five to ten years by analyzing historical trends and current market positions. Furthermore, the varying trends of segments and categories geographically presented are studied and are estimated based on the primary and secondary research.



  • Primary Research

    • Extensive primary research was conducted to gain a deeper insight into the market and industry performance. In this particular report, we have conducted primary surveys (interviews) with key level executives (VPs, CEOs, Marketing Directors, Business Development Managers, and many more) of major players who are active in the market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed, over the next five to ten years.





  • Secondary Research

    • Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and commercial study of the automatic pill dispenser market. It was also used to obtain key information about major players, market classification, and segmentation according to industry trends, geographical markets, and developments related to the market and perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, SEC filings, journals, white papers, corporate presentations, company web sites, international organization of chemical manufacturers, some paid databases, and many others.




Market Segmentation


Global Automatic Pill Dispenser Market, by Type



  • Centralized automated dispensing system

    • Robotic Automated Dispensing Systems

    • Carousels





  • Decentralized automated dispensing system

    • Pharmacy-based automated dispensing system

    • Ward-based automated dispensing system

    • Automated unit dose dispensing system




Global Automatic Pill Dispenser Market, by End User



  • Hospital Pharmacy

  • Retail Pharmacy

  • Home Healthcare


Intended Audience



  • Medical devices companies

  • Government and private laboratories

  • Research and development (R&D) companies

  • Research laboratories

  • Market research and consulting service providers



Frequently Asked Questions (FAQ) :


Automatic Pill Dispenser was valued at USD 1.7 billion in 2018.

Automatic Pill Dispenser Market is expected to exhibit a strong 7.3% CAGR over the forecast period from 2019 to 2024.

The growing geriatric population is the major driver for the automatic pill dispenser market.

The Americas hold a dominant share of more than 45% in the global market.

Leading players in the market include Baxter, Becton Dickinson and Company, Cerner, Omnicell, ScriptPro, Talyst, Swisslog Holdings, Yuyama, and Capsa Healthcare, among others.

Table of Contents

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Macroeconomic Indicators

4.5 Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Opportunities

5.4 Pricing Analysis

Chapter 6. Global Automatic Pill Dispenser Market, by Type

6.1 Introduction

6.2 Centralized automated dispensing system

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.2.1 Robotic Automated Dispensing Systems

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.2.2 Carousels

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.3 Decentralized automated dispensing system

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.3.1 Pharmacy-based automated dispensing system

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.3.2 Ward-based automated dispensing system

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.3.3 Automated unit dose dispensing system

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

Chapter 7. Global Automatic Pill Dispenser Market, by End User

7.1 Introduction

7.2 Hospital Pharmacy

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.3 Retail Pharmacy

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.4 Home Healthcare

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

Chapter 8. Global Automatic Pill Dispenser Market, by Region

8.1 Introduction

8.2 Americas

8.2.1 North America

8.2.1.1 US

8.2.1.2 Canada

8.2.2 South America

8.3 Europe

8.3.1 Western Europe

8.3.1.1 Germany

8.3.1.2 France

8.3.1.3 Italy

8.3.1.4 Spain

8.3.1.5 UK

8.3.1.6 Rest of Western Europe

8.3.2 Eastern Europe

8.4 Asia-Pacific

8.4.1 Japan

8.4.2 China

8.4.3 India

8.4.4 Australia

8.4.5 South Korea

8.4.6 Rest of Asia-Pacific

8.5 Middle East & Africa

8.5.1 Middle East

8.5.2 Africa

Chapter 9. Company Landscape

9.1 Introduction

9.2 Market Share Analysis

9.3 Key Development & Strategies

Chapter 10. Company Profiles

10.1 Baxter International Inc.

10.1.1 Company Overview

10.1.2 Product Overview

10.1.3 Financials Overview

10.1.4 Key Developments

10.1.5 SWOT Analysis

10.2 Becton, Dickinson and Company

10.2.1 Company Overview

10.2.2 Product Overview

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.3 Cerner Corporation

10.3.1 Company Overview

10.3.2 Product Overview

10.3.3 Financial Overview

10.3.4 Key Development

10.3.5 SWOT Analysis

10.4 Capsa Healthcare

10.4.1 Company Overview

10.4.2 Product Overview

10.4.3 Financial Overview

10.4.4 Key Development

10.4.5 SWOT Analysis

10.5 McKesson Corporation

10.5.1 Company Overview

10.5.2 Product Overview

10.5.3 Financial overview

10.5.4 Key Developments

10.5.5 SWOT Analysis

10.6 Omnicell Inc.

10.6.1 Company Overview

10.6.2 Product Overview

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 SWOT Analysis

10.7 ScriptPro LLC

10.7.1 Overview

10.7.2 Product Overview

10.7.3 Financials

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.8 Swisslog Holdings AG

10.8.1 Overview

10.8.2 Product Overview

10.8.3 Financials

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.9 Yuyama Co. Ltd

10.9.1 Overview

10.9.2 Product Overview

10.9.3 Financials

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.10 Talyst, Inc.

10.10.1 Overview

10.10.2 Product Overview

10.10.3 Financials

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.10 Other

Chapter 11 MRFR Conclusion

11.1 Key Findings

11.1.1 From CEO’s Viewpoint

11.1.2 Unmet Needs of the Market

11.2 Key Companies to Watch

11.3 Predictions for the global Automatic Pill Dispenser market

Chapter 12 Appendix

LIST OF TABLES

Table 1 Automatic Pill Dispenser Market Synopsis, 2020-2027

Table 2 Automatic Pill Dispenser Market Estimates and Forecast, 2020-2027(USD Million)

Table 3 Global Automatic Pill Dispenser Market, by Region, 2020-2027(USD Million)

Table 4 Global Automatic Pill Dispenser Market, by Type, 2020-2027(USD Million)

Table 6 Global Automatic Pill Dispenser Market, End User, 2020-2027(USD Million)

Table 7 North America: Automatic Pill Dispenser Market, by Type, 2020-2027(USD Million)

Table 9 North America: Automatic Pill Dispenser Market, End User, 2020-2027(USD Million)

Table 10 US: Automatic Pill Dispenser Market, by Type, 2020-2027(USD Million)

Table 12 US: Automatic Pill Dispenser Market, End User, 2020-2027(USD Million)

Table 13 Canada: Automatic Pill Dispenser Market, by Type, 2020-2027(USD Million)

Table 15 Canada: Automatic Pill Dispenser Market, End User, 2020-2027(USD Million)

Table 16 South America: Automatic Pill Dispenser Market, by Type, 2020-2027(USD Million)

Table 18 South America: Automatic Pill Dispenser Market, End User, 2020-2027(USD Million)

Table 19 Europe: Automatic Pill Dispenser Market, by Type, 2020-2027(USD Million)

Table 21 Europe: Automatic Pill Dispenser Market, End User, 2020-2027(USD Million)

Table 22 Western Europe: Automatic Pill Dispenser Market, by Type, 2020-2027(USD Million)

Table 24 Western Europe: Automatic Pill Dispenser Market, by End User, 2020-2027(USD Million)

Table 25 Eastern Europe: Automatic Pill Dispenser Market, by Type, 2020-2027(USD Million)

Table 27 Eastern Europe: Automatic Pill Dispenser Market, End User, 2020-2027(USD Million)

Table 28 Asia-Pacific: Automatic Pill Dispenser Market, by Type, 2020-2027(USD Million)

Table 30 Asia-Pacific: Automatic Pill Dispenser Market, End User, 2020-2027(USD Million)

Table 31 Middle East & Africa: Automatic Pill Dispenser Market, by Type, 2020-2027(USD Million)

Table 33 Middle East & Africa: Automatic Pill Dispenser Market, End User, 2020-2027(USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Automatic Pill Dispenser Market

Figure 3 Market Dynamics for Global Automatic Pill Dispenser Market

Figure 4 Automatic Pill Dispenser Market Share, by Type, 2020

Figure 6 Automatic Pill Dispenser Market Share, End User, 2020

Figure 7 Automatic Pill Dispenser Market Share, by Region, 2020

Figure 8 North America: Automatic Pill Dispenser Market Share, by Country, 2020

Figure 9 Europe: Automatic Pill Dispenser Market Share, by Country, 2020

Figure 10 Asia-Pacific: Automatic Pill Dispenser Market Share, by Country, 2020

Figure 11 Middle East & Africa: Automatic Pill Dispenser Market Share, by Region, 2020

Figure 12 Automatic Pill Dispenser Market: Company Share Analysis, 2020 (%)

Figure 13 Becton, Dickinson and Company: Key Financials

Figure 14 Becton, Dickinson and Company: Segmental Revenue

Figure 15 Becton, Dickinson and Company: Geographical Revenue

Figure 16 Cerner Corporation: Key Financials

Figure 17 Cerner Corporation: Segmental Revenue

Figure 18 Cerner Corporation: Geographical Revenue

Figure 19 Baxter International Inc.: Key Financials

Figure 20 Baxter International Inc.: Segmental Revenue

Figure 21 Baxter International Inc.: Geographical Revenue

Figure 22 Capsa Healthcare.: Key Financials

Figure 23 Capsa Healthcare.: Segmental Revenue

Figure 24 Capsa Healthcare: Geographical Revenue




This table of content is tentative and subject to change as the research progresses.

Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.