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Automatic Pill Dispenser Market Trends

Report ID: GMI2688
Published Date: Aug 2023
Report Format: PDF

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Automatic Pill Dispenser Market Trends

Technical improvements, such as upgraded connection features, integration with smart devices and home automation systems, as well as the application of AI algorithms to improve medication administration and adherence will also drive the industry. There has also been a significant rise in the integration of automated pill dispensers with remote monitoring capabilities and telemedicine platforms. The increasing prominence of data gathering and analysis for medication adherence will augment the business outlook.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

Global market size for automatic pill dispenser was USD 2.7 billion in 2022 and is poised to exhibit 8.4% CAGR from 2023 to 2032 driven by the growing burden of diseases worldwide.

Centralized automatic pill dispenser industry size is set to reach USD 3.6 billion by 2032 owing to the rising need for preventing medicine shortages, reducing waste, and improving efficiency in the drug supply chain.

North America industry generated more than USD 1 billion in 2022 and is poised to grow steadily through 2032 due to the expanding aging population and favorable reimbursement policies.

Capsa Healthcare, ARxIUM Inc., Accu-Chart Plus Healthcare Systems, Inc., Cerner Corporation, Hero Health, Inc, ScriptPro LLC, Medipense Inc., InstyMeds Corporation, Medminder Systems, Inc, and McKesson Corporation are among the top firms engaged in the industry.