Automatic Pill Dispenser MachineMarket: Regional Insights
Regional segmentation of AutomaticPill Dispenser Machine Market by Coherent Market Insights, includes NorthAmerica, Latin America, Europe, Asia Pacific, Middle East, and Africa. NorthAmerica automatic pill dispenser machine market is anticipated to account forthe dominant position, due to rising geriatric population in the region.According to U.S. Department of Health and Human Services, the population agedover 85 years is projected to triple from 6.3 million in 2015 to 14.6 millionin 2040. Moreover, according to a report by National Public Ratio (NPR), 119million people in the U.S. took prescription drugs in 2017 for variousdisorders. These factors are expected to aid in growth of the market in theregion.
Asia Pacific automatic pilldispenser machine market is expected to be the fastest growing, owing toincreasing patient pool coupled with rising prevalence of chronic andinfectious diseases. As per WHO data 2013, approximately 12% of adults haddiabetes, and 50% had a pre-diabetes condition in China. Future developmentswould include more safety features to avoid the chance of an inaccurate amountof pills being dispensed, and increasing the amount of dispensing units thatcould be attached to the machine.
Automatic Pill Dispenser (APD)machine is a medical device designed for home usage and works for pills andcapsules of a variety of sizes. It reduces drug errors by automating the dosageprocess for patients, through the use of visual and auditory prompts. APDremoves the need to pre-sort medication, by segregating each medication to acompartment and the machine can count each dosage, individually. APD isdeveloped using CAD software, optical sensors, Arduino Mega Microcontroller, 3Dprinted parts, non-continuous and continuous servos, and a 5-inch LCD displayinterface.
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The machine has potential to decreasemedication errors; while increasing the quality of life of its users andminimizing hospital visits and medical costs to some extent. Medication errorsconsist of failure in the drug dispensing process that is risky and complex.Furthermore, these errors result in lifetime disability and other adverseeffects that increase healthcare costs and hospital stay. As per the U.S.Centers for Disease Control and Prevention data, 2015, around 91 people dieeach day from overdose of prescribed heroin and opioids. Increasing usage ofautomatic pill dispenser machine for reduction of errors related to medicationdispensing is expected to drive the market growth. Manufacturers in the marketare also focusing on advancement in these products, which would include moresafety features to avoid risks related to inaccurate amount of pills beingdispensed, and increase the amount of dispensing units that could be attached.
Automatic Pill Dispenser MachineMarket: Market Dynamics
The global geriatric populationis increasing significantly and is susceptible to numerous cardiac disorderssuch as cardiomyopathy, stroke, arrhythmias, and cardiac arrest. Furthermore,some degree of memory loss is common in this population. This can lead todosage skip or overdose that can lead to health complications. Moreover, elderpatients struggle to open medication packages, thereby needing an automatedpill dispensing system. According to the Administration on Aging, in the U.S.by 2060, there will be around 98 million older persons, which is more thantwice their number in 2013. As of 2014, 34% of the 4 million prescriptionsfiled, were for people over 65. This group also accounted for 30% of all overthe counter drug use.
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Centralized automated dispensingsystems have seen increase in adoption in hospitals and other healthcarefacilities. Increasing healthcare awareness, rapid growth of infections andchronic diseases such as blood pressure, asthma, and diabetes is expected tolead to high demand for automatic pill dispenser machine in all age grouppatients. Furthermore, growth in technological advancement for workflowoptimization in hospitals and other healthcare centers drives the automaticpill dispenser machine market growth. However, high cost of machines can hinderautomatic pill dispenser machine market growth.
The automatic pill dispensermachine can aid in pill dispensing in large and small healthcare centers. Itcan reduce the amount of time medical staff devotes to every patient. Moreover,vitamins and another essential dietary supplement that is required daily can bean opportunity for use of an automatic pill dispenser machine. The rental orleasing of these machines is increasingly becoming popular in developedcountries.
Automatic Pill Dispenser MachineMarket: Competitive Analysis
Major players operating in theautomatic pill dispenser machine market include Becton, Dickinson and Company,Baxter International Inc., Capsa Healthcare, Cerner Corporation, McKessonCorporation, Omnicell Inc., Swisslog Holdings AG, ScriptPro LLC, Yuyama Co.Ltd., and Talyst, Inc.
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