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City of Industry, CA -- (SBWIRE) -- 08/16/2018 -- 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
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Automatic Pill Dispenser Machine market size (value & volume) by company, key regions, products and end user, breakdown data from 2013 to 2017, and forecast to 2025.
To understand the structure of Automatic Pill Dispenser Machine market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Automatic Pill Dispenser Machine companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Automatic Pill Dispenser Machine submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automatic Pill Dispenser Machine are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automatic Pill Dispenser Machine market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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