Automatic Pill Dispenser Machine Market

Market Overview:

The global automatic pill dispenser machine market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.9 Billion by 2028, exhibiting a growth rate (CAGR) of 8.03% during 2023-2028.

Automatic pill dispenser (APD) machines refer to medical devices that are designed to dispense the right medication at required amounts. Robotic, pharmacy-based, carousels, ward-based and automated unit dose are some of the common dispensing systems. These machines consist of an LED display, an alarm system, motor controller, pill container, and microcontroller interface with an alphanumeric keypad and dispenser. APD machines are widely used to simplify medication management and help individual to take their prescribed medications and supplements at specified date and time. They assist in scheduling medications, reducing human errors and decreasing the risk of accidental overdosing and underdosing. As a result, APD machines are widely used in home pharmacies, visual impairment centers, hospital pharmacies, old age homes and physical disability centers.

Automatic Pill Dispenser Machine Market Trends:

The rising geriatric population that are more prone to developing chronic diseases, such as cardiovascular diseases, cancer, diabetes, and chronic obstructive pulmonary disease are driving the automatic pill dispensing machine market growth. In line with this, the widespread product adoption by patients suffering from memory loss to provide accurate dosage and reduce the incidences of overdose and dosage skip are augmenting the market growth. Moreover, the introduction of smart pill dispensers integrated with artificial intelligence (AI) that aids in facial and voice recognition to provide the correct pills to the patients are providing an impetus to the market growth. Additionally, the increasing product demand to reduce medical errors that lead to lethal side effects, such as unwanted lifetime disability, gastrointestinal issues and skin reactions is positively impacting the market growth. Other factors, including the implementation of various government initiatives to improve healthcare facilities and the increasing need for self-care and home-based treatments due to hectic lifestyles and busy schedules, are anticipated to drive the market further toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global automatic pill dispenser machine market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and application.

Breakup by Type:

• Centralized Automated Dispensing Systems
  • Robots and Robotic Automated Dispensing Systems
  • Carousels
• Decentralized Automated Dispensing Systems
  • Pharmacy-Based Automated Dispensing Systems
  • Ward-Based Automated Dispensing Systems
  • Automated Unit Dose Dispensing Systems
     

Breakup by Application:

• Hospital Pharmacy
• Retail Pharmacy
• Home Healthcare
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Becton Dickinson and Company, Capsa Healthcare, Cerner Corporation, Lifeline Systems Inc. (Royal Philips Electronics), McKesson Corporation, Omnicell Inc., ScriptPro LLC, Talyst LLC (Swisslog Healthcare) and Yuyama Co. Ltd.

Report Coverage: