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Automated Dispensing Machines Industry Overview | Future Outlook | Forecast To 2024
by rahulkumar38471 · January 23 Evander Kane Premier Jersey , 2019
Global Automated Dispensing Machines Market size is anticipated to reach USD 5.5 billion by 2024. Automatic pill dispenser machines are intended to dispense various pills autonomously according to the user-defined time and dose specifications. They support dispensing correct dose and medication, for the patients with composite medication regime and with untimely memory loss.
The factors that propel the growth of the automated dispensing machine market include a rise in incidence and occurrence of diseases, growth of the aged population, surge in the number of medications. On the other hand, there are factors that may hamper the growth of the market including the high installation cost of large automatic pill dispenser machines. Automated dispensing machines industry is anticipated to expand at a significant CAGR of 7% in the upcoming period as the scope, product types Authentic Brent Burns Jersey , and its applications are increasing across the globe.
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Automated dispensing machines market could be explored by type, operation, application, and geography. The market could be explored by type as Decentralized Automated Dispensing Systems and Centralized Automated Dispensing Systems. The  entralized automated dispensing systems鈥?segment led the automated dispensing machine industry in 2016 and is anticipated to maintain its dominance by 2024. The key factors that could be attributed to the growth of market includes an increase in acceptance of automatic pill dispenser in hospitals and other health care services for an effective workflow.
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North America accounted for the major market share of automated dispensing machines in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growth in the prevalence of chronic and infectious diseases Authentic Erik Karlsson Jersey , the increase in a pool of the patient population, an increase in government investments for the development of improved healthcare services and R&D. North America is followed by Europe and Asia-Pacific region owing to the attention of key players in the developing economies and developments in healthcare infrastructure.
Some of the key players that fuel the growth of the automated dispensing machine industry comprise Dickinson and Company, Becton, Capsa Healthcare, Cerner Corporation, Omnicell Inc. Authentic Logan Couture Jersey , McKesson Corporation, Baxter International Inc., Swiss log Holdings AG, ScriptPro LLC, Yuyama Co., Ltd. Talyst Authentic Joe Thornton Jersey , Inc., Pearson Medical Technologies, Accu-Chart Plus Healthcare System, Illinois Tool Works, Meditech, Allscripts Healthcare Solutions Authentic Evander Kane Jersey , Inc., Optum Inc., and Constellation Software Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Market Segment:
Application outlook (Market revenue in USD Million, 2013 – 2024)鈥?Outpatient鈥?In-Patient
End-Use outlook (Market revenue in USD Million Brent Burns Jersey , 2013 – 2024)鈥?Hospitals鈥?Retail drug stores and pharmacies
Operation outlook (Market revenue in USD Million, 2013 – 2024)鈥?Centralized pharmacies鈥?Decentralized pharmacies
Regional outlook (Market revenue in USD Million, 2013 – 2024)鈥?North America鈥?U.S.鈥?Canada鈥?Europe鈥?UK鈥?Germany鈥?Asia Pacific鈥?Japan鈥?China鈥?Latin America鈥?Brazil鈥?Mexico鈥?Middle East and Africa鈥?South Africa
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