In a recent published report, Kenneth Research has updated the market report for Automatic Pill Dispenser Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Automatic Pill Dispenser Market products.
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.
Download Sample of This Strategic Report- https://www.kennethresearch.com/sample-request-10159252
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.
Download Sample of This Strategic Report- https://www.kennethresearch.com/sample-request-10159252
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.
Request For Full Report- https://www.kennethresearch.com/sample-request-10159252
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.
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
Contact Us
Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609
India Restaurant Market
Kombucha Market
Dietary Supplement Market
Kitchen Appliance Market
Nitrogen And Phosphate Market
Anti-Corrosion Coatings Market
