The latest update of “Global Automatic Pill Dispenser Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Automatic Pill Dispenser Market.
Overview of the Automatic Pill Dispenser Market:
An automatic pill dispenser is a device that releases medications at specific times and places. This device can help seniors and other individuals take their medications without interruptions. Many of these devices have timers so that they release the pills at exactly the right time. It can also be used to help people take their medications when they are forgetful. The following are some benefits of an automatic pill dispenser. Automatic pill dispensers are very useful for seniors. They allow caregivers to stay connected to their loved ones. They can play an audible alert, flash a light, or even play a recorded message. This can be very useful if someone has trouble hearing and can't hear the pills. Other benefits of an automatic pill dispenser include that it can handle the dispensing and renewal of prescriptions. Some also charge a monthly or yearly fee for their services.
The global automatic pill dispenser market focuses on six regions, such as North America, Asia Pacific, South America, Europe, the Middle East, and Africa.
Drivers:
The increasing geriatric population in the world is expected to fuel the growth of the global automatic pill dispenser market over the forecast period. For instance, according to the United Nations, in 2020, there was 727 million elderly population in the world. An automatic pill dispenser has the advantage of being easy to use. These devices rotate a tray filled with pills and release a dose when the user picks it up. They can hold a month's supply of pills and even alert the user when they are running low on medication. This convenience can help people stay on top of their medication schedules. Moreover, these dispensers are great for households where caregivers must fill their loved one's pillbox. Increasing product launches by key market players are estimated to enhance the growth of the global automatic pill dispenser market.
Restraints:
The cost of pill dispensers is expected to hinder the growth of the global automatic pill dispenser market.
Regional Insights:
In regions, North America is expected to dominate the growth of the global automatic pill dispenser market, owing to the increasing prevalence of the geriatric population in the region. For instance, according to Rural Health Information Hub, there are over 46 million elder adults in the U.S., who are more than 65 years old. Moreover, the Asia Pacific is estimated to witness significant growth in the global automatic pill dispenser market owing to the high expansion of key market players in the region. Moreover, high investments in the healthcare sector are assessed to boost the growth of the market.
Competitive Section:
Key players operating in the global automatic pill dispenser market include InstyMeds Corporation, Hero Health, Inc, Cerner Corporation, Capsa Healthcare, Becton, Dickinson, and Company, ARxIUM Inc., and Accu-Chart Plus Healthcare Systems, Inc.
In October 2019, Pillo Health and Stanley Black & Decker introduced a new pill-dispensing robot companion.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Automatic Pill Dispenser Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Automatic Pill Dispenser Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Accu-Chart Plus Healthcare Systems
- ARxIUM Inc.
- Becton
- Dickinson
- and Company
- Capsa Healthcare
- Cerner Corporation
- Hero Health
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Automatic Pill Dispenser Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Centralized Automatic Dispenser
- Carousels
- Robotic
- Decentralized Automatic Dispenser
- Ward Based Automated Dispensing System
By Applications, the market is segmented into:
- Hospitals
- Pharmacies
- Senior Care
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Automatic Pill Dispenser Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Automatic Pill Dispenser Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Automatic Pill Dispenser Market
1.6.1 How the Covid-19 is Affecting the Automatic Pill Dispenser Market
1.6.1.1 Automatic Pill Dispenser Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Automatic Pill Dispenser Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Automatic Pill Dispenser Market Perspective (2015-2028)
2.2 Automatic Pill Dispenser Market Growth Trends by Regions
2.2.1 Automatic Pill Dispenser Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Automatic Pill Dispenser Market Historic Market Share by Regions (2015-2021)
2.2.3 Automatic Pill Dispenser Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Automatic Pill Dispenser Market Growth Strategy
2.3.6 Primary Interviews with Key Automatic Pill Dispenser Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Automatic Pill Dispenser Market Players by Market Size
3.1.1 Global Top Automatic Pill Dispenser Market Players by Revenue (2015-2021)
3.1.2 Global Automatic Pill Dispenser Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Automatic Pill Dispenser Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Automatic Pill Dispenser Market Concentration Ratio
3.2.1 Global Automatic Pill Dispenser Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Automatic Pill Dispenser Market Revenue in 2019
3.3 Automatic Pill Dispenser Market Key Players Head office and Area Served
3.4 Key Players Automatic Pill Dispenser Market Product Solution and Service
3.5 Date of entering into Automatic Pill Dispenser Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Automatic Pill Dispenser Market Historic Market Size by Type (2015-2021)
4.2 Global Automatic Pill Dispenser Market Forecasted Market Size by Type (2021-2028)
5 Automatic Pill Dispenser Market Breakdown Data by Application (2015-2028)
5.1 Global Automatic Pill Dispenser Market Size by Application (2015-2021)
5.2 Global Automatic Pill Dispenser Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Automatic Pill Dispenser Market Size (2015-2021)
6.2 Automatic Pill Dispenser Market Key Players in North America (2019-2021)
6.3 North America Automatic Pill Dispenser Market Size by Type (2015-2021)
6.4 North America Automatic Pill Dispenser Market Size by Application (2015-2021)
7 Europe
7.1 Europe Automatic Pill Dispenser Market Size (2015-2021)
7.2 Automatic Pill Dispenser Market Key Players in Europe (2019-2021)
7.3 Europe Automatic Pill Dispenser Market Size by Type (2015-2021)
7.4 Europe Automatic Pill Dispenser Market Size by Application (2015-2021)
8 China
8.1 China Automatic Pill Dispenser Market Size (2015-2021)
8.2 Automatic Pill Dispenser Market Key Players in China (2019-2021)
8.3 China Automatic Pill Dispenser Market Size by Type (2015-2021)
8.4 China Automatic Pill Dispenser Market Size by Application (2015-2021)
9 Japan
9.1 Japan Automatic Pill Dispenser Market Size (2015-2021)
9.2 Automatic Pill Dispenser Market Key Players in Japan (2019-2021)
9.3 Japan Automatic Pill Dispenser Market Size by Type (2015-2021)
9.4 Japan Automatic Pill Dispenser Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Automatic Pill Dispenser Market Size (2015-2021)
10.2 Automatic Pill Dispenser Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Automatic Pill Dispenser Market Size by Type (2015-2021)
10.4 Southeast Asia Automatic Pill Dispenser Market Size by Application (2015-2021)
11 India
11.1 India Automatic Pill Dispenser Market Size (2015-2021)
11.2 Automatic Pill Dispenser Market Key Players in India (2019-2021)
11.3 India Automatic Pill Dispenser Market Size by Type (2015-2021)
11.4 India Automatic Pill Dispenser Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Automatic Pill Dispenser Market Size (2015-2021)
12.2 Automatic Pill Dispenser Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Automatic Pill Dispenser Market Size by Type (2015-2021)
12.4 Central & South America Automatic Pill Dispenser Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Automatic Pill Dispenser Market Introduction
13.4 Automatic Pill Dispenser Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Automatic Pill Dispenser Market Key Market Segments
Table 2. Key Players Covered: Ranking by Automatic Pill Dispenser Market Revenue
Table 3. Ranking of Global Top Automatic Pill Dispenser Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Automatic Pill Dispenser Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Automatic Pill Dispenser Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Automatic Pill Dispenser Market Players to Combat Covid-19 Impact
Table 10. Global Automatic Pill Dispenser Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Automatic Pill Dispenser Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Automatic Pill Dispenser Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Automatic Pill Dispenser Market Share by Regions (2015-2021)
Table 14. Global Automatic Pill Dispenser Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Automatic Pill Dispenser Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Automatic Pill Dispenser Market Growth Strategy
Table 20. Main Points Interviewed from Key Automatic Pill Dispenser Market Players
Table 21. Global Automatic Pill Dispenser Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Automatic Pill Dispenser Market Share by Players (2015-2021)
Table 23. Global Top Automatic Pill Dispenser Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Automatic Pill Dispenser Market as of 2019)
Table 24. Global Automatic Pill Dispenser Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Automatic Pill Dispenser Market Product Solution and Service
Table 27. Date of entering into Automatic Pill Dispenser Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Automatic Pill Dispenser Market Size by Type (2015-2021) (Million US$)
Table 30. Global Automatic Pill Dispenser Market Size Share by Type (2015-2021)
Table 31. Global Automatic Pill Dispenser Market Revenue Market Share by Type (2021-2028)
Table 31. Global Automatic Pill Dispenser Market Size Share by Application (2015-2021)
Table 33. Global Automatic Pill Dispenser Market Size by Application (2015-2021) (Million US$)
Table 34. Global Automatic Pill Dispenser Market Size Share by Application (2021-2028)
Table 35. North America Key Players Automatic Pill Dispenser Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Automatic Pill Dispenser Market Share (2019-2021)
Table 37. North America Automatic Pill Dispenser Market Size by Type (2015-2021) (Million US$)
Table 38. North America Automatic Pill Dispenser Market Share by Type (2015-2021)
Table 39. North America Automatic Pill Dispenser Market Size by Application (2015-2021) (Million US$)
Table 40. North America Automatic Pill Dispenser Market Share by Application (2015-2021)
Table 41. Europe Key Players Automatic Pill Dispenser Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Automatic Pill Dispenser Market Share (2019-2021)
Table 43. Europe Automatic Pill Dispenser Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Automatic Pill Dispenser Market Share by Type (2015-2021)
Table 45. Europe Automatic Pill Dispenser Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Automatic Pill Dispenser Market Share by Application (2015-2021)
Table 47. China Key Players Automatic Pill Dispenser Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Automatic Pill Dispenser Market Share (2019-2021)
Table 49. China Automatic Pill Dispenser Market Size by Type (2015-2021) (Million US$)
Table 50. China Automatic Pill Dispenser Market Share by Type (2015-2021)
Table 51. China Automatic Pill Dispenser Market Size by Application (2015-2021) (Million US$)
Table 52. China Automatic Pill Dispenser Market Share by Application (2015-2021)
Table 53. Japan Key Players Automatic Pill Dispenser Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Automatic Pill Dispenser Market Share (2019-2021)
Table 55. Japan Automatic Pill Dispenser Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Automatic Pill Dispenser Market Share by Type (2015-2021)
Table 57. Japan Automatic Pill Dispenser Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Automatic Pill Dispenser Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Automatic Pill Dispenser Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Automatic Pill Dispenser Market Share (2019-2021)
Table 61. Southeast Asia Automatic Pill Dispenser Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Automatic Pill Dispenser Market Share by Type (2015-2021)
Table 63. Southeast Asia Automatic Pill Dispenser Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Automatic Pill Dispenser Market Share by Application (2015-2021)
Table 65. India Key Players Automatic Pill Dispenser Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Automatic Pill Dispenser Market Share (2019-2021)
Table 67. India Automatic Pill Dispenser Market Size by Type (2015-2021) (Million US$)
Table 68. India Automatic Pill Dispenser Market Share by Type (2015-2021)
Table 69. India Automatic Pill Dispenser Market Size by Application (2015-2021) (Million US$)
Table 70. India Automatic Pill Dispenser Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Automatic Pill Dispenser Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Automatic Pill Dispenser Market Share (2019-2021)
Table 73. Central & South America Automatic Pill Dispenser Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Automatic Pill Dispenser Market Share by Type (2015-2021)
Table 75. Central & South America Automatic Pill Dispenser Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Automatic Pill Dispenser Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Automatic Pill Dispenser Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Automatic Pill Dispenser Market Share by Type: 2021 VS 2028
Figure 2. Global Automatic Pill Dispenser Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Automatic Pill Dispenser Market Report Years Considered
Figure 8. Global Automatic Pill Dispenser Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Automatic Pill Dispenser Market Share by Regions: 2021 VS 2028
Figure 10. Global Automatic Pill Dispenser Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Automatic Pill Dispenser Market Share by Players in 2019
Figure 13. Global Top Automatic Pill Dispenser Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Automatic Pill Dispenser Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Automatic Pill Dispenser Market Revenue in 2019
Figure 15. North America Automatic Pill Dispenser Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Automatic Pill Dispenser Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Automatic Pill Dispenser Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Automatic Pill Dispenser Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Automatic Pill Dispenser Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Automatic Pill Dispenser Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Automatic Pill Dispenser Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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