Automatic Pill Dispenser Market Analysis

Type (Centralized Automated Dispensing Systems, Decentralized Automated Dispensing Systems)

Centralized automated dispensing systems segment is projected to hold more than 56% automatic pill dispenser market share by 2037. The segment growth can be attributed to several reasons like increased productivity of the personnel, and decreasing rate of medicated errors among others. On the nature and type of system, the dispensing method is directly controlled by the user in a centralized automatic system. Large numbers of drugs find an organized place in the robot COC without human intervention to enhance the operation of pharmaceuticals, ensuring security that decreases the chances of mistakes or medicine theft.

 According to studies in 2022, Hyper Articles En Ligne reports that there is evidence of a reduction in the rate of dispensing errors ranging from 16% to 60% in various studies. This was confirmed in their study where the reduction of dispensing errors was to the tune of 41%. Therefore, the key features offered by the centralized automatic dispenser including continuous research, development, and innovativeness in this device are anticipated to boost the segment’s growth in the forecast period.

Application (Hospital Pharmacy, Retail Pharmacies, Home Healthcare)

By 2037, hospital pharmacy segment is anticipated to dominate over 48% automatic pill dispenser market share. The segment growth can be attributed to the rising medication management problems, medication safety, accuracy, EHR incorporation, and central medication dispensing. In a recent study by the National Institute of Health, it was observed that after implementing the automatic dispenser cabinet (ADC) in the ICU, the prescription and dispensing errors decreased from 3.03 to 1.75 per 100000 prescriptions for drug orders and 3.87 to 0 per 100000 dispensations for drug administration. Hospitals are quickly adopting the use of automatic pill dispensers primarily to enhance medication delivery to enhance patient safety and productivity.

Our in-depth analysis of the automatic pill dispenser market includes the following segments: