Europe Automatic Pill Dispenser Market

Europe Automated Pill Dispenser Market Size (2023 to 2028)

The size of the Europe Automated Pill Dispenser market was about USD 0.41 billion in 2023. It is expected to rise at a CAGR of 7.2% and grow approximately to a market value of USD 0.59 billion by 2028 due to an excellent healthcare system in the region; a thriving automated pill dispenser market is to be seen. Pill dispensers frequently have numerous features such as color-coding, braille for the blind, or a locking machine to avoid double dosing. Some controllers used for diabetes patients have units for insulin and hypodermic syringes. Germany leads the region due to a favorable reimbursement policy of the government and considerable investments in Research and Development.

The rise in the adoption of pill dispensers, especially among the aged population, to keep track of medications to avoid complications is anticipated to the market growth during the forecast period. The rise in the number of patients and an increase in the number of hospitals and the growing usage of automated pill dispensers allows capable workflow further impelling the growth of automated dispensing systems in the European region. As per the report of the World Health Organization, people aged 60 years and above are likely to increase from 12% to 22% by 2050. Growing utilization of automated pill dispenser devices for reducing errors regarding medication dispensing and essential player contribution towards the pill dispenser market is additionally boosting the growth rate of the market during the forecast period.

The pill dispensing system's cost is very high, where small-scale hospitals and clinics cannot afford one of the key factors impeding the market growth in the region. Also, the high cost for installation and maintenance is also hindering the growth rate of the automatic pill dispenser market in Europe.

This research report on the European Automatic Pill Dispenser Market has been segmented & sub-segmented into the following categories:

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         
• Automated Unit Dose        
• Pharmacy-Based 

By Age:

• 38-64 years             
• 65-74 years             
• 75-84 years             
• 85 years and above      

By Indication:

• Visual Impairment               
• Old Age   
• Dementia
• Learning Dementia              
• Physical Disability
• Mental Health excluding dementia              
• Parkinson’s disease             
• Other Diseases 

By Country:

• United Kingdom
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Rest of Europe

Regional Analysis:

Geographically, the  European market was the second-largest regional market in the global automatic pill dispenser market in 2020. Factors such as advanced technologies and the availability of funding opportunities in research and innovation are promoting the European market.

In Europe, the German automatic pill dispenser market is forecasted to lead during the forecast period due to the government's reimbursement schemes and considerable investments in research and development activities. Growing patient count, an increase of regular chronic and infectious diseases, and growth in acquisition in different hospitals fuel the market.

The UK automatic pill dispenser market is estimated to be growing at a healthy rate from 2022 to 2027 due to a rise in awareness about conformity to medications. An increase in the regularity of approvals and growing investments in-home care centers is considered to accelerate the growth in the region. Omnicell, Inc., the most excellent provider of medication and supply management solutions, has introduced the XT Series Automated supply dispensing cabinet as this new series provides additional features like pliability rising storage capacity. Other countries in the region are expected to have considerable growth in the upcoming years.

KEY MARKET PLAYERS:

Swisslog Holdings AG, Dickinson and Company, McKesson Corporation, Becton, Cerner Corporation, Yuyama Co., Ltd, Baxter International Inc., Omnicell Inc., Illinois Tool Works Allscripts Healthcare Solutions, Inc., Capsa Healthcare, ScriptPro LLC, Meditech, Talyst, Inc., Accu-Chart Plus Healthcare System, Optum Inc., Pearson Medical Technologies and Constellation Software Inc are some of the noteworthy players in the European automatic pill dispenser market.