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Automatic Pill Dispenser Market Rising at 7.5% CAGR to 2023: Top Key Players are Swisslog Holdings AG, Dickinson and Company, McKesson Corporation, Becton, Cerner Corporation, Yuyama Co., Ltd, Baxter International Inc, Omnicell Inc

11-21-2018 11:35 AM CET | Health & Medicine

Press release from: Market Data Forecast

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Automatic Pill Dispenser Market Overview
Automatic pill dispenser machines are intended to dispense different pills individualistically giving to the user-defined dose and time provisions. Medication dispensers are beneficial for all kinds of patients such as the ageing populace or people who have memory deficiencies and those taking several medications, as they act as an assistant in intake of proper doses of their medications, thereby complying with their doctors recommended dose. Medication dispensers bar nursing time by removing the necessity for physical end-of-shift measured drug’s counts in patient care units.

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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 Automated Pill Dispenser is anticipated to restrict the market growth.

Automatic Pill Dispenser Market Forecast Report (2018-2023)
Global Automated Pill Dispenser market size was about USD 2 billion in 2018. It is expected to grow at a CAGR of 7.5% and will grow to approximately USD 3.1 billion by 2023.

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Automatic Pill Dispenser Market Segmentation
Global Automatic Pill Dispenser Market is segmented by Application (Home Healthcare, Hospital Pharmacy, Retail Pharmacy), by Type (Carousels, Centralized Automated Dispensing System, Robots/Robotic Automated Dispensing System, Ward-Based, Decentralized Automated Dispensing, Pharmacy-Based, Automated Unit Dose), by Age group (18-64 years, 65-74 years, 75-84 years, 85 years and above), and by Indication (Visual Impairment, Old Age, Dementia, Learning Dementia, Physical Disability, Mental Health excluding dementia, Parkinson’s disease, Others).

Geographically, the Global Automated Pill Dispenser market is differentiated over North America, Asia Pacific, Middle East and Africa, Europe and Latin America. North America dominates the global market with more than 50% market share. Increment in medicinal services mindfulness, quick development of contaminations and constant sicknesses, for example, diabetes, asthma, pulse, and others, and an ascent in the geriatric populace principally drive the programmed pill dispenser machine showcase.

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Major Players:
The major companies dominating this market for its products and services are
• Swiss log Holdings AG,
• Dickinson and Company,
• McKesson Corporation,
• Becton, Cerner Corporation,
• Yuyama Co., Ltd,
• Baxter International Inc.,
• Omnicell Inc.,
• Illinois Tool Works All scripts Healthcare Solutions, Inc.,
• Capsa Healthcare,
• ScriptPro LLC,
• Meditech, Talyst, Inc.,
• Accu-Chart Plus Healthcare System,
• Optum Inc.,
• Pearson Medical Technologies
• Constellation Software Inc.

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About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: abhishek@marketdataforecast.com
Tel: +1-888-702-9626
Website: www.marketdataforecast.com

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