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The Global Automatic Pill Dispenser Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of XX% by 2025. The market is growing by increase in applications across the globe.Automatic pill dispenser reduces human errors and increases productivity of pharmacy. It is economical and offers precise results. Rising prevalence of diseases, technological advancements in healthcare and inclination of people towards automated devices will lead the significant growth in automatic pill dispenser market. Moreover, increasing prevalence of Alzheimer, Osteoarthritis, Diabetes, Cancer and Chronic diseases among geriatric population leading to increased medications. The increased medication leads to taking wrong medicines, missing doses and even incorrect amount of doses which significantly affecting health such as severity of illness, hospital visits, and even death. However, these reasons will further drive the demand for automatic pill dispensers from the aging population because these errors can be reduced with the use of automated pill dispensers that offer aforementioned benefits. Furthermore, high implementation costs as well as limited return on investment for such systems can hamper the industry growth during the study period.
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The hospital pharmacy application accounted for the largest market share in 2017 and is expected to grow considerably during the projected period. This is due to the increased prevalence of chronic and infectious diseases and trauma cases in hospitals.
Some of the key players operating in this market include Baxter International Inc.., Becton, Dickinson and Company, Cerner Corporation, Capsa Healthcare, McKesson Corporation., Omnicell Inc., ScriptPro LLC., Swisslog Holdings AG, Talyst, Inc., Yuyama Co., Ltd., and Others.
Key Benefits of the Report:
• Global, Regional, Country, Product Type, and Application Market Size and Forecast from 2014-2025
• Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
• Identification of key companies that can influence this market on a global and regional scale
• Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
• Detailed insights on emerging regions, Product Type, Application, and competitive landscape with qualitative and quantitative information and facts
Target Audience:
* Automatic Pill Dispenser manufacturers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
Global Automatic Pill Dispenser Industry 2018 Market Research Report is spread across 121 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.
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Research Methodology
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
• Original Equipment Manufacturer,
• Component Supplier,
• Distributors,
• Government Body & Associations, and
• Research Institute
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TABLE OF CONTENT
1 EXECUTIVE SUMMARY
2 METHODOLOGY AND MARKET SCOPE
3 AUTOMATIC PILL DISPENSER MARKET — INDUSTRY OUTLOOK
4 AUTOMATIC PILL DISPENSER MARKET PRODUCT TYPE OUTLOOK
5 AUTOMATIC PILL DISPENSER MARKET APPLICATION METHOD OUTLOOK
6 AUTOMATIC PILL DISPENSER MARKET REGIONAL OUTLOOK
7 COMPETITIVE LANDSCAPE
End of the report
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