Automatic Pill Dispenser Market is segmented By Type (Centralized automated dispensing system, Decentralized automated dispensing system, Automated unit dose), By End-User (Hospital Pharmacy, Retail Pharmacy, Home Healthcare), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030.
Automatic Pill Dispenser Market Overview
Automatic Pill Dispenser Market is expected to reach a CAGR 8.4% during the forecast period (2023-2030).
Automatic Pill dispensers pair high-tech advances along with an easy-to-use dispenser. According to a present schedule, the medications are loaded into the dispenser and each dose is dispensed. An extra feature of audio reminder sounds to notify that it is time to take pills.
Automatic Pill Dispenser Market Scope
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Metrics |
Details |
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Market CAGR |
8.4% |
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Segments Covered |
By Type, By End-User, and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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Automatic Pill Dispenser Market Dynamics
The rise in prevalence rate of diseases such as Alzheimer's, diabetes and other chronic diseases will drive the market. Increasing high adoption of technological advancements will drive the automatic pill dispenser market in the forecast period.
The rise in prevalence rate of diseases such as Alzheimer, diabetes and other chronic diseases will drive the market
Alzheimer's disease is the most frequent cause of dementia in Western societies. Approximately 5.5 million people are affected in the US, and the prevalence worldwide is estimated to be as high as 24 million. In 2019 The global diabetes prevalence is estimated to be 9.3% (463 million people), by 2030 rising to 10.2% (578 million) and 10.9% (700 million) by 2045. In treatment for any illness an important aspect is taking medications correctly. When there are multiple pills to be taken at different times of the day for people with Alzheimer's or another kind of dementia and mild cognitive impairment, it can become confusing. Some medications are taken three times a day, some are taken on specific days and not taken on other days. As many people are on several medications, a pill dispensing system can often be helpful. Most people take medications at the same time every day. A Smart pillbox alarm reminder to Help Take Diabetes Medications makes it easy. Moreover, make it like another activity. To sum up, taking meds around a specific activity can keep one more adherent.
Increasing high adoption of technological advancements will drive the automatic pill dispenser market in the forecast period
It is important to provide medication to the elderly people in time. An automatic medication dispenser is designed for users who can specifically take medications without professionally close supervision. It relieves the user from the error-prone tasks of administering the wrong medicine at the wrong time. The main components of this medication dispenser are an LED display, a microcontroller interfaced with an alphanumeric keypad, a Motor Controller, an Alarm system, a multiple pill container and a dispenser. The overall aim is to facilitate the user setting the timings to dispense multiple pills at required times. The Alarm system is provides two types of indications providing a beep sound and lighting an LED. To get the pill the user is required to press a button and reset the alarm button. The second alarm indicates the availability of pills and to warn the user to refill the dispenser pills with the required quantity. The major objective is to keep the device simple and cost-efficient. The software used is reliable and stable. The elderly population can benefit from this device as it avoids expensive in-home medical care.
RxPense is a remote monitoring solution and personal medication dispensing that ensures chronic care patients, veterans, seniors and those in need, at home, residence or managed care facility, take the correct medications on time and if they miss a dose, it notifies caregivers, pharmacists, clinicians and physicians. It also accurately documents and records the consumption of PRN “as-needed” and OTC medications. It can also capture (through external sensors), monitor and store vitals along with the patient’s electronic record in the RxPense® Portal. It gives users access to digital healthcare and telemedicine. It is the only device that secures (physically and with biometric identification, pin and password). It automates through a patented process the dispensing of pharmacist-filled and sealed, weekly multi-dose blister-packaged medications and reduces significantly the risk of medication non-adherence.
Lack of awareness will hamper the automatic pill dispenser market
Staff lack training and knowledge on computerized programs. Some might not be computer literate and may need extensive training to program automated dispensing machines correctly. When hospital staff members aren’t properly trained on the use of technology, a patient may receive the wrong dose or wrong medicine at the wrong time, all key elements to a patient’s safety.Many patients after surgery are given intravenously morphine drips to help reduce pain. Incase, a hospital staff member programs the wrong dose of a drug and an overdose is given, a patient can have difficulty breathing and may die. Critical mistakes result in unnecessary fatalities made by hospital workers.
Drug dispensing machines may be programmed incorrectly. Many patients in Hospital Pharmacy through computerized IVs are receiving heparin drips, morphine drips and other medicine drips. While the automated systems have helped decrease the medication errors in hospitals, they are not foolproof. This is because humans program intelligent pumps and IVs. So if a nurse in hurry enters the wrong dose into the computerized system, then due to the programming error, medication error will occur. Also, if they set up the technology incorrectly, patients won’t get the drugs they are supposed to be receiving. This is a huge concern for people with diabetes and others with their medication needs. As a result, serious mistakes made by hospital workers can impact patients’ overall health critically.
COVID-19 Impact Analysis
Hospital Pharmacy and medical practices have been affected during the COVID 19 pandemic due to several changes in the protocols. The home-setting has been increasing, and this will drive the automatic pill dispenser market in the forecast period. As people are scared to step out due to the risk of COVID-19, there will be a positive impact on the Automatic Pill Dispenser Market
Automatic Pill Dispenser Market Segment Analysis
Centralized automated dispensing system type dominated the market
The rising prevalence of diseases and increasing geriatric population will increase the market of this segment. Worldwide in 2020, there are an estimated 727 million persons aged 65 years or over. By 2050, this number is projected to double, reaching over 1.5 billion persons. In the global population the share of older persons is expected to increase from 9.3% in 2020 to 16.0% in 2050. With multiple chronic conditions older adults face the complex task of medication management involving multiple medications of varying doses at different times. Advances in telehealth technologies have resulted in home-based devices for medication management and health monitoring of older adults.
In home and community settings telehealth technologies are used to monitor older adults’ well-being (for example, by capturing vital signs) and communication with health care providers (using video or other synchronous communication platforms). The Advancement in such technologies have enabled the development of devices that can be used in residential settings to assist with medication monitoring and management of elderly adults using cost-effective methods. For patient empowerment medication e-management applications are electronic tools, enhancing the accuracy of medication administration through reminders and promise to lower costs and involve patients in the care delivery process.
Hospital pharmacies will dominate the automatic pill dispenser market
Owing to increasing adoption in healthcare facilities and rising incidence of various diseases. Hospital Pharmacy provide the best healthcare facilities and advanced treatment options. Automatic pill dispenser cabinets provide a pharmacy and hospital medication management system that keeps inventory secure and organized. The cabinets manage each user's access to stored medications according to individual permissions and automatically document and tracks each transaction. The space-efficient design of the pill dispenser cabinets also frees up your floor space for other uses.
To order medicine Computer-generated software is used, it saves pharmacists, nurses time and eliminates the possibility of reading incorrectly doctors’ handwritten orders. Also, computerized software can check for medication orders that conflict with a patient’s allergies and alert a pharmacist. These dispensers are largely utilized as they offer efficient storage & distribution abilities and minimized medication errors.
Automatic Pill Dispenser Market Geographical Share
North America region will dominate the automatic pill dispenser market
Increased healthcare facilities and the rise in the geriatric population will dominate the market in this region. By 2050 in the U.S there will be more than 46 million older adults age 65 and older living. The number is expected to grow to almost 90 million. Between 2020 and 2030 alone.
Baxter International Inc., a global leader in sterile medication production and delivery, has announced the U.S. FDA approval and launch of ready-to-use eptifibatide. Baxter’s presentation of eptifibatide is the first of its kind available in a flexible container. The presence of many major key players will dominate the market in this region.
Automatic Pill Dispenser Market Companies
Major key players in the automatic pill dispenser market are Baxter, McKesson Corporation, Cerner Corporation, Swisslog (KUKA), Yuyama, Capsa Healthcare, ScriptPro, Talyst, and Becton Dickinson, Medsinglong Co Ltd., Guangzhou Medunion Technologies Co.ltd, Merit Medical Systems, Inc. and Guangzhou Maya Medical Equipment.Co.ltd
Automatic Pill Dispenser Market Key Companies to Watch
Capsa Healthcare
Overview: Capsa Solutions, Rubbermaid Healthcare, Kirby Lester, and RoboPharma have been fully integrated to form Capsa Healthcare. Their passion as a single organization is born out of the same commitment and purpose that their customers have to provide superior patient care. The company understands healthcare delivery cannot wait, their customers rely on their products and support to deliver superior clinical efficiency and medication management accuracy. For acute care facilities, extended care facilities, pharmacies, and central filling operations, they continue to invest in product development, technology innovation, service, and support to make sure they are the logical choice for products that elevate the performance of healthcare delivery at every point of care.
Product Portfolio: The company is involved in developing and delivering innovative healthcare products in the critical areas of health IT, pharmacy automation technology, and medication management.
Key Development: In 2020, Capsa launched NexsysADC as the practical automated dispensing cabinet for secure, controlled medication storage in various healthcare settings. The company has continued to enhance its unique ADC system with new cabinet sizes, user-friendly additions, continued software updates, and new accessories.
The automatic pill dispenser market report would provide an access to an approx. 52 market data table, 41 figures and 180 pages.
