Harrisburg, NC -- (SBWIRE) -- 02/13/2019 -- Global Automatic Pill Dispenser Machine Market Insights, Forecast to 2025
Automatic Pill Dispenser (APD) machine is a medical device designed for home usage and works for pills and capsules of a variety of sizes. It reduces drug errors by automating the dosage process for patients, through the use of visual and auditory prompts. APD removes the need to pre-sort medication, by segregating each medication to a compartment and the machine can count each dosage, individually. APD is developed using CAD software, optical sensors, Arduino Mega Microcontroller, 3D printed parts, non-continuous and continuous servos, and a 5-inch LCD display interface.
The machine has potential to decrease medication errors; while increasing the quality of life of its users and minimizing hospital visits and medical costs to some extent. Medication errors consist of failure in the drug dispensing process that is risky and complex. Furthermore, these errors result in lifetime disability and other adverse effects that increase healthcare costs and hospital stay. As per the U.S. Centers for Disease Control and Prevention data, 2015, around 91 people die each day from overdose of prescribed heroin and opioids
The Global Automatic Pill Dispenser Machine market was valued at $1,755 million in 2016, and is projected to reach $3,023 million by 2023, growing at a CAGR of 8% from 2017 to 2023.
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Top Leading Companies are: Baxter International,Becton Dickinson,Capsa Solutions,Cerner,McKesson Corporation,Omnicell,ScriptPro,Swisslog Holding,Talyst,Yuyama,Philips
The global geriatric population is increasing significantly and is susceptible to numerous cardiac disorders such as cardiomyopathy, stroke, arrhythmias, and cardiac arrest. Furthermore, some degree of memory loss is common in this population. This can lead to dosage skip or overdose that can lead to health complications. Moreover, elder patients struggle to open medication packages, thereby needing an automated pill dispensing system. According to the Administration on Aging, in the U.S. by 2060, there will be around 98 million older persons, which is more than twice their number in 2013. As of 2014, 34% of the 4 million prescriptions filed, were for people over 65. This group also accounted for 30% of all over the counter drug use.
Contents of the 15 Chapters for This Automatic Pill Dispenser Machine Market Study:-
Chapter 1, to describe Automatic Pill Dispenser Machine Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Automatic Pill Dispenser Machine , with sales, revenue, and price of Automatic Pill Dispenser Machine , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Automatic Pill Dispenser Machine, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Automatic Pill Dispenser Machine market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Automatic Pill Dispenser Machine sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Automatic Pill Dispenser Machine Market, by Type:
Centralized Automated Dispensing Systems
Decentralized Automated Dispensing Systems
Automatic Pill Dispenser Machine Market, by Application:
Hospital Pharmacy
Retail Pharmacy
Home Healthcare
Regional segmentation of automatic pill dispenser machine market by Coherent Market Insights, includes North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America automatic pill dispenser machine market is anticipated to account for the dominant position, due to rising geriatric population in the region. According to U.S. Department of Health and Human Services, the population aged over 85 years is projected to triple from 6.3 million in 2015 to 14.6 million in 2040. Moreover, according to a report by National Public Ratio (NPR), 119 million people in the U.S. took prescription drugs in 2017 for various disorders. These factors are expected to aid in growth of the market in the region.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Automatic Pill Dispenser Machine Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Automatic Pill Dispenser Machine Market Carrier and assist manufacturers and investment organization to better grasp the development course of Automatic Pill Dispenser Machine Market.
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Important attributes of the report:
The 360-degree Automatic Pill Dispenser Machine overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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