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City of Industry, CA -- (SBWIRE) -- 08/10/2018 -- This report studies the global market size of Automatic Pill Dispenser Machine in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Automatic Pill Dispenser Machine in these regions.
This research report categorizes the global Automatic Pill Dispenser Machine market by top players/brands, region, type and end user. This report also studies the global Automatic Pill Dispenser Machine market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
Pill dispensers are commonly used to serve medical purposes, as well as to help individuals, be that the elderly or chronically ill, take their prescription medication, OTC medication or daily supplements at a given date and time. There are telehealth products in the health care industry such as automated or electronic pill boxes that function to alert the patients when it is time to take their medications.
Rise in incidence and prevalence of diseases drives the market. In addition, growth of geriatric population that is susceptible to taking medications for their wellbeing is expected to fuel the growth of the market during the analysis period. However, high cost of installation of large automatic pill dispenser machines is anticipated to restrict the market growth.
The global Automatic Pill Dispenser Machine market is valued at 1840 million US$ in 2017 and will reach 3380 million US$ by the end of 2025, growing at a CAGR of 7.9% during 2018-2025. The objectives of this study are to define, segment, and project the size of the Automatic Pill Dispenser Machine market based on company, product type, end user and key regions.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by Product
Centralized Automated Dispensing Systems
Decentralized Automated Dispensing Systems
Market size by End User
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