The size of the Europe Automated Pill Dispenser market was about USD 0.36 billion in 2020. It is expected to rise at a CAGR of 7.2% and grow approximately to a market value of USD 0.5 billion by 2025 due to an excellent health care 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 tracking of medications to avoid complications is anticipated to provide essential growth opportunities during the period in the region, stimulating the growth of the market. The rise in the number of patients and an increase in the number of hospitals and usage of automated pill dispensers allows capable workflow impelling the growth of automated dispensing systems. According to an evaluation, people aged 60 years and above are likely to increase from 12% to 22% by 2050, according to the World Health Organization (WHO). Growing utilization of automated pill dispenser devices for reducing errors regarding medication dispensing and essential player contribution towards the pill dispenser market is impacting the growth strongly during the analysis period in Europe.
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:
By Type:
By Age:
By Indication:
By Country:
Regional Analysis:
Geographically, The European market was the second largest region in the global automatic pill dispenser market in 2019. Factors like advanced technologies and the availability of funding opportunities in research and innovation escalate the market growth in the region.
Germany is leading the automatic pill dispenser market in the region because of 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 is the next leading in the automatic pill dispenser market after Germany due to a rise in awareness about the 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 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.
Significant businesses are working in this market to implement product unveiling as their crucial growth policy. Companies profiled in this market include 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.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Application
5.1.1 Introduction
5.1.2 Home Healthcare
5.1.3 Hospital Pharmacy
5.1.4 Retail Pharmacy
5.1.5 Y-o-Y Growth Analysis, By Application
5.1.6 Market Attractiveness Analysis, By Application
5.1.7 Market Share Analysis, By Application
5.2 Type
5.2.1 Introduction
5.2.2 Carousels
5.2.3 Centralized Automated Dispensing System
5.2.4 Robots/Robotic Automated Dispensing System
5.2.5 Ward-Based
5.2.6 Decentralized Automated Dispensing
5.2.7 Automated Unit Dose
5.2.8 Pharmacy-Based
5.2.9 Y-o-Y Growth Analysis, By Type
5.2.10 Market Attractiveness Analysis, By Type
5.2.11 Market Share Analysis, By Type
5.3 Age
5.3.1 Introduction
5.3.2 38-64 years
5.3.3 65-74 years
5.3.4 75-84 years
5.3.5 85 years and above
5.3.5 Y-o-Y Growth Analysis, By Age
5.3.6 Market Attractiveness Analysis, By Age
5.3.7 Market Share Analysis, By Age
5.4 Indications
5.4.1 Introduction
5.4.2 Visual Impairment
5.4.3 Old Age
5.4.4 Dementia
5.4.5 Learning Dementia
5.4.6 Physical Disability
5.4.7 Mental Health excluding dementia
5.4.8 Parkinson’s disease
5.4.9 Other Diseases
5.4.10 Y-o-Y Growth Analysis, By Indications
5.4.11 Market Attractiveness Analysis, By Indications
5.4.12 Market Share Analysis, By Indications
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Application
6.1.3.3 By Type
6.1.3.4 By Age
6.1.3.5 By Indication
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Application
6.1.4.3 By Type
6.1.4.4 By Age
6.1.4.5 By Indication
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Application
6.1.5.3 By Type
6.1.5.4 By Age
6.1.5.5 By Indication
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Dickinson and Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Swisslog Holdings AG
8.3 McKesson Corporation
8.4 Becton
8.5 Cerner Corporation
8.6 Baxter International Inc.
8.7 Meditech
8.8 Pearson Medical Technologies
8.9 Accu-Chart Plus Healthcare System
8.10 Optum Inc.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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