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North America Automatic Pill Dispenser Market Research Report – Segmented By Application, Type, Age Group, Indication & Country (The United States, Canada and Rest of North America) – Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028)

Published: March, 2023
ID: 7612
Pages: 145
Formats: report pdf report excel report power bi report ppt

North America Automated Pill Dispenser Market Size (2023 to 2028)

As per our analysis report, the North America Automatic Pill Dispenser Market is expected to reach USD 1.64 billion by 2028 from USD 1.14 billion in 2022, growing at a compound annual growth rate (CAGR) of 7.4 % during the forecast period.

In the North America Automatic Pill Dispenser market, the growing awareness is a significant catalyst. This heightened awareness extends to both healthcare professionals and patients alike. Healthcare professionals, including doctors, pharmacists, and caregivers, are increasingly recognizing the pivotal role automatic pill dispensers play in enhancing patient outcomes. These professionals appreciate the device’s ability to improve medication, reduce the risk of dosage errors, and streamline the management of complex medication, resulting in better health outcomes and quality of life for their patients. However, patients are becoming more informed about the advantages of automatic pill dispensers. They see these devices as convenient solutions for managing their medications, especially when dealing with chronic conditions or age-related challenges. As awareness continues to rise, it is likely that the North America Automatic Pill Dispenser market will experience sustained growth, with more individuals recognizing the potential benefits of these devices for their health and well-being.

In the North America Automatic Pill Dispenser market, technological advancements have been a driving force. Continuous innovation in this field has resulted in the development of highly user-friendly and dependable automatic pill dispensers, making them exceedingly attractive to consumers. Technological advancement is the integration of mobile apps, allowing users to manage their medication schedules conveniently from their smartphones or tablets. These apps often offer features like customizable dosing regimens, dosage history, and real-time medication reminders, enhancing user control and medication. Furthermore, remote monitoring capabilities have revolutionized medication management. Caregivers and healthcare providers can remotely track patients' pill consumption, receive alerts for missed doses, and even make adjustments to medication schedules when necessary, thereby improving patient care and peace of mind. Dose tracking features provide a comprehensive view of medication consumption, which is especially valuable for patients with complex medication regimens or those involved in clinical trials. As these technological advancements continue, the North America Automatic Pill Dispenser market is poised for sustained growth, offering consumers innovative and user-centric solutions for their medication management needs.

The cost of automatic pill dispensers presents a significant restraint in the North America Automatic Pill Dispenser market. These devices often come with a price tag that includes the initial purchase cost and, in some cases, ongoing subscription fees for associated services. This financial burden can limit accessibility, particularly for patients without comprehensive health insurance coverage or those facing financial constraints. The issue of cost becomes even more critical in a region where healthcare expenses are a significant concern. Patients who do not have insurance plans covering automatic pill dispensers may be reluctant to invest in these devices despite their potential benefits in improving medication adherence and overall health outcomes.

Impact of COVID-19 on the North American Automatic Pill Dispenser Market:

The COVID-19 pandemic has had a mixed impact on the North America Automatic Pill Dispenser Market. The pandemic created supply chain disruptions and manufacturing challenges, resulting in delays and shortages of these critical medical devices. These disruptions impeded the timely distribution of automatic pill dispensers to patients who needed them, exacerbating medication management challenges for vulnerable populations, including seniors and those with chronic conditions. Additionally, the economic strain caused by the pandemic led to financial constraints for individuals, making it difficult for them to invest in these relatively expensive devices, which impacted their adoption. But the pandemic also underscored the importance of medication management and adherence, especially among high-risk groups. As a result, healthcare providers, caregivers, and patients alike recognized the value of automatic pill dispensers in ensuring consistent and accurate medication intake, reducing the risk of hospitalization. The increased focus on telehealth and remote patient monitoring during the pandemic also highlighted the convenience of automatic pill dispensers with remote monitoring features. These factors may drive greater awareness and adoption of these devices in the post-pandemic era as healthcare stakeholders continue to prioritize medication adherence and remote healthcare solutions.

This research report on the North American automated pill dispenser market has been segmented & sub-segmented into the following categories:

By Type: 

  • Carousels 
  • Centralized Automated Dispensing System              
  • Robots/Robotic Automated Dispensing System     
  • Ward-Based           
  • Decentralized Automated Dispensing         
  • Automated Unit Dose        
  • Pharmacy-Based  

By Application: 

  • Home Healthcare
  • Hospital Pharmacy
  • Retail Pharmacy

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: 

  • US
  • Canada

North America is dominant due to the region's well-established healthcare infrastructure, a large aging population with chronic conditions, and a strong focus on technological innovation.

The US automatic pill dispenser market is characterized by a rising healthcare infrastructure and a growing aging population. The country's healthcare system, which often entails complex medication for seniors, has driven the adoption of automatic pill dispensers. Technological innovation and accessibility have contributed to the market's growth. The presence of health insurance coverage for certain automatic pill dispensers and a heightened awareness of medication adherence issues also bolsters their adoption. 

In Canada, the automatic pill dispenser market is also showing notable growth. The country's healthcare system, which provides universal healthcare, encourages accessibility to healthcare services, including medication management solutions. Seniors often require assistance in managing their medications. Technological advancements and the integration of mobile apps have made automatic pill dispensers more appealing to consumers.

KEY MARKET PLAYERS:

Companies playing a pivotal role in the North American automatic pill dispenser market profiled in this report are 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.

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