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Global Medication Dispenser Market Is Likely To Grow At A CAGR Value Of Around 4.9% By 2028

Published date - 17/04/2022

April 2021 | Report Format: Electronic (PDF)

With an increase in individuals being compelled to choose an inactive lifestyle due to a job, an increasing number of individuals are becoming afflicted by acute and metabolic ailments. The increase in illness incidence, along with the worldwide rise in the populace, is projected to boost the need for medicine, resulting in the expansion of the total industry. Furthermore, the increased desire for technology in the medical field has had a favorable influence on the business. This has resulted in a rapid expansion of the medication dispenser sector.

Despite the fact that automated dispensers save time and labor, their deployment is regarded as technologically difficult. As a result, the expansion of the automated medicine dispenser device sector may be hampered.

The surge in technology improvements and rising knowledge of cheap as well as superior medication dispensers are likely to favor market expansion during the projected timeline. The global growth in the volume of persons admitted to hospitals is projected to benefit the business in the upcoming decades.

Due to the rising need for many pharmaceuticals, the robotic medication dispenser market in North America is likely to develop significantly. Rising customer household money has resulted in rising medical system upgrades. The rising usage of technically sophisticated medical devices is expected to assist the growth of the worldwide automated medication dispenser industry.

Because of growing official support and a rise in the prevalence of infectious diseases, the Asia-Pacific electronic medication dispenser industry is likely to develop rapidly. The region's expanding medical facilities are an additional major factor fueling the industry's expansion.

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Medication Dispenser Market Report Highlights

  • In April 2021, Scripps Health, for instance, announced a multi-year unique supplier agreement with Omnicell, Inc. to use XT Automated Dispensing Devices including the latter’s administration services to increase administrative as well as clinical efficiencies.
  • Individuals over the 65 years of age are predicted to account for greater than 15% of the U.S. populace by 2050, as per a study released in the magazine Health Affairs.

 

MEDICATION DISPENSER MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Medication Dispenser Product Outlook (Revenue, USD Million, 2016 - 2027)

  • Ward based
  • Pharmacy-based
  • Automated Unit Dose Dispensing

Medication Dispenser End-User Outlook (Revenue, USD Million, 2016 - 2027)

  • Ambulatory Surgical Centers
  • Hospital Pharmacies
  • Nursing Facilities

Medication Dispenser Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa

List of Key Players- Medication Dispenser Market

  • Becton, Dickinson and Company
  • Accu-Chart Plus Healthcare Systems, Inc.
  • ARxIUM Inc.
  • Capsa Solution LLC
  • Cerner Corporation
  • Howard Industries, Inc.
  • InstyMeds Corporation
  • Medipense Inc.
  • Omnicell Inc.
  • PARATA SYSTEMS, LLC
  • Robotik Technology
  • ScriptPro LLC
  • Swisslog Holding AG
  • Synergy Medical
  • Talyst
  • Tema Sinergie
  • TriaTech Medical Systems Inc.
  • YUYAMA Co.Ltd

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