The global automatic pill dispenser machine market size was valued at  USD 2.5 billion in 2021 and is poised to grow at a 9.8% CAGR during the forecast period 2023 to 2029. The primary driver of the expansion of the global automatic pill dispenser machine market includes an increase in medication intake, an increase in the geriatric population and diseases associated with old age, the prevalence of chronic and infectious diseases, and technological developments. The global automatic pill dispenser machine market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region.  

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The global automatic pill dispenser machine market segmentation:
1) By Type: Centralized Automated Dispensing Systems and Decentralized Automated Dispensing Systems
2) By Indication: Dementia, Old age, Visual Impairment, Physical Disability, Parkinson’s Disease, Mental Health excluding dementia, Learning difficulties, and Others
3) By Age Group: 18-64 Years, 65-74 Years, 75-84 Years, and 85 Years and Above.
4) By Application: Hospital Pharmacies, Retail Pharmacies, Home Healthcare, and Others

The old age segment held considerable market share during the estimated period. The automatic pill dispenser market is growing profoundly due to sedentary busy lifestyles. The rise in the prevalence of chronic diseases, and the increase in the aged population are likely to increase the demand for medication which indirectly boost the market growth of the automatic pill dispenser market. Moreover, the global geriatric population is increasing significantly, they are susceptible to numerous memory loss, and chronic and cardiac disorders such as cardiomyopathy, stroke, arrhythmias, and cardiac arrest. So, they need the continuous support of caretakers who can be replaceable by automatic pill dispensers. Moreover, this will drive market growth.

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North America is expected to increase in the global automatic pill dispenser machine market over the forecast period. It is projected to grow at a significant CAGR in the coming years due to the increased need for numerous drugs for each patient and increased upgradation of the healthcare system with the constant support of the government. The region is also expected to lead the market during the forecasted years due to the increasing adoption rate in underdeveloped regions.

The automatic pill dispenser machine market key players are McKesson Corporation Talyst Inc., ScriptPro LLC, Yuyama Co.Ltd., Baxter International Inc., Dickinson and Company, Becton, Capsa Healthcare, Omnicell Inc., Swisslog Holdings AG, and Cerner Corporation.

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