Overview and Scope
Automated dispensing machines (ADMs) are medication distribution systems that offer computer-controlled medicines storage, dispensing, and monitoring. The primary use of these machines is to increase the efficiency of medicine distribution and patient safety, and they are currently widely employed in many hospitals.
Sizing and Forecast
The automated dispensing machines market size has grown strongly in recent years. It will grow from $3.91 billion in 2024 to $4.23 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to medication dispensing efficiency, reduction of medication errors, increasing medication volumes, regulatory compliance requirements, patient-centered care initiatives, minimization of medication waste..
The automated dispensing machines market size is expected to see strong growth in the next few years. It will grow to $5.77 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to streamlining pharmacy workflows, telehealth and medication access, reduction in waiting times, customization of medication dosages, smart medication management systems, data analytics for medication trends, medication therapy management programs.. Major trends in the forecast period include integration of rfid and barcode technologies, shift toward decentralized medication dispensing, integration with electronic health records (ehr), integration of artificial intelligence (ai), focus on specialty medications, compliance with regulatory standards..
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Segmentation & Regional Insights
The automated dispensing machines market covered in this report is segmented –
1) By Product: Automated medication dispensing and storage system., Automated packaging and labelling systems, Automated tabletop counters, Automated medication compounding systems
2) By Application: In-patient, Out-patient
3) By Enduser: Hospitals, Pharmacies
Top 5 Major Players:
North America was the largest region in the automated dispensing machines market in 2024. Asia-Pacific is expected to be the fastest-growing region in the automated dispensing machines market report during the forecast period. The regions covered in the automated dispensing machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising geriatric population is expected to propel the growth of the automated dispensing machines market going forward. The geriatric population is the population aged 65 years and older. The geriatric population often suffers from various diseases because of their age factor and will need more accurate and better patient care where automated dispensing machines provide greater medication security, improved nurse access to medications, more efficient medication billing and inventory management, and potential reductions in medication errors. For example, according to ACL (Administration for Community Living), a US-based government organization, the geriatric population is expected to increase by 21.6% by 2040. Therefore, the increasing geriatric population drives the automated dispensing machines market.
Key Industry Players
Major companies operating in the automated dispensing machines market report are Becton Dickinson and Company, Baxter International Inc., SciptPro LLC, Omnicell Inc., Accu-Chart Plus Healthcare System Inc., Pearson Medical Technologies LLC, Swisslog Holding Limited, Avery Weigh-Tronix, Talyst LLC, TouchPoint Medical, Tosho Inc., Takazono Corporation, McKesson Corporation, B. Braun Melsungen AG, Cerner Corporation, Capsa Solutions LLC, RxMedic Systems, AlixaRx, Willach Pharmacy Solutions, Newlcon Oy, Aesynt Incorporated, Musashi Engineering Inc., Techcon Systems Inc., Fisnar Inc., Tengsheng Precision Machinery Co. Ltd., M&H Plastics, CKF Inc., Pretium Packaging, New Vision Packaging, Ottmar Reisacher
The automated dispensing machines market report table of contents includes:
1. Executive Summary
2. Automated Dispensing Machines Market Characteristics
3. Automated Dispensing Machines Market Trends And Strategies
4. Automated Dispensing Machines Market – Macro Economic Scenario
5. Global Automated Dispensing Machines Market Size and Growth
…..
31. Global Automated Dispensing Machines Market Competitive Benchmarking
32. Global Automated Dispensing Machines Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Automated Dispensing Machines Market
34. Automated Dispensing Machines Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Automated Dispensing Machines Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Automated Dispensing Machines Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Automated Dispensing Machines Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 74: Becton Dickinson and Company (BD) Financial Performance
Table 75: Baxter International Inc. Financial Performance
Table 76: SciptPro LLC Financial Performance
Table 77: Omnicell Inc. Financial Performance
Table 78: Accu-Chart Plus Healthcare System Inc. Financial Performance
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