The global automatic pill dispenser market is anticipated to grow at a considerable CAGR of 8% during the forecast period (2022-2028). As with many things these days, pill dispensers are going digital and coming with artificial intelligence (AI) integration. With ongoing technological advancements to serve people demand with capabilities like touch screen, voice assistant, facial recognition is expected to support industry growth as well as market growth for automatic pill dispenser market. An automatic pill dispenser that offers audible and visual reminders and comes with android or iOS app connectivity helps to connect caregivers with older people who live alone. These technologically advanced dispensers assists seniors with care as along with reminding and dispensing the right pill, they provide features such as phone call reminders, notifications of missed doses and low supplies through application, complete online chart of dosages and touch screen programming. Manufacturers in this market are keeping up with latest trends and have started upgrading their offerings with functions including voice assistant, facial recognition, and others.
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For instance, in 2019, Pillo Health and Stanley Black & Decker officially debuted their voice-activated robotic device, Pria for the commercial market. Pria is designed to support patients in maintaining their medication schedule and health using a built-in voice assistant. Pria device comes with smart display and can interact with its owner by voice or through the touch screen. Along with reminding and dispensing correct med, Pria can also updates caregivers on the health of its owner and is equipped with a built-in camera and facial recognition software that can identify that the person taking the medicines is correct or not. Users can also use the camera to have two-way video chats with caregivers or family.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Automatic Pill Dispenser Market Report Segment
By Product
- Vertical Carousel Automated Dispensing Systems
- Robots/Robotic Automated Dispensing Systems
- Decentralized Automated Dispensing Systems
By Application
- Hospital Pharmacy
- Retail Pharmacy
- Home Healthcare
Global Automatic Pill Dispenser Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automatic pill dispenser market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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