According to the research report titled ‘Automatic Pill Dispenser Market Size By Product (Centralized Automatic Dispenser {Carousels, Robotic}, Decentralized Automatic Dispenser {Ward Based Automated Dispensing System, Pharmacy Based Automated Dispensing System, Automatic Unit Dose Dispensing System}), By End-use (Hospitals, Pharmacies, Senior Care), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global automatic pill dispenser market is anticipated to showcase lucrative growth trends between 2021 and 2027.
 

Rising prevalence of chronic illnesses coupled with increasing geriatric population are the major factors driving the global automatic pill dispenser market growth. Focus among leading companies towards optimizing product development to cater the increasing consumer demands is also promoting the market growth over the analysis timeframe.
 

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4357549/
 

For the record, automatic pill dispensers are becoming increasingly popular due to their convenience and time-saving features. These machines assist patients who require timely medication in sticking to their schedule and without missing any doses.
 

Growing consumer demand for automatic pill dispensers due to the COVID-19 outbreak, particularly for technologically advanced products that enable touchless operation to avoid the spread of the novel virus, is further favoring the industry outlook.
 

Based on product, global automatic pill dispenser market is segmented into centralized automatic dispenser and decentralized automatic dispenser. As cited in the report, the decentralized automatic dispenser segment is slated to garner revenues worth USD 1,620 million by 2027, owing to several beneficial attributes associated with these devices and continuous technological breakthroughs.
 

Speaking of end user range, the industry space is categorized into pharmacies, senior care, hospitals, and others. Among these, global automatic pill dispenser industry from the hospitals segment was remunerated at USD 915 million in 2020 and is expected to expand at a considerable CAGR over 2021-2027, on account of the efficient medication management system provided by the automatic pill dispenser that keeps medicines & drugs secured and well organized in hospitals.
 

On the geographical front, the industry is categorized into North America, Asia Pacific, Latin America, Middle East & Africa, and Europe. Experts cite that Latin America automatic pill dispenser market accounted for USD 81 million in 2020 and is slated to grow significantly through 2027, primarily due to increasing prevalence of diseases across various countries in the region.
 

Major players profiled in the industry space are Swisslog Healthcare AG, ScriptPro LLC, Pharmacell Medication Systems Ltd., Omnicell Inc., MedMinder Systems Inc., Medipense Inc., McKesson Corporation, InstyMeds Corporation, Hero Health Inc., Cerner Corporation, Capsa Healthcare, Becton Dickinson, and Company, ARxIUM Inc., and Accu-Chart Plus Healthcare Systems Inc.