Global Automatic Pill Dispenser Market 2023-2030

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    GLOBAL AUTOMATIC PILL DISPENSER MARKET

     

    INTRODUCTION

     The Automatic Pill Dispenser is an automatic medication dispenser that manages, plans, and distributes patient medication with the push of a button. Patients of a Wellness Pharmacy have access to the SMART device.

     

    Pill dispensers are devices that release medicine at predetermined intervals to help patients follow their recommended medication schedule. They could also remind the patient when it’s time to take their medicine.

     

    GLOBAL  AUTOMATIC PILL DISPENSER  MARKET  SIZE AND FORECAST

     

     

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    The Global Smart pill dispenser market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    NEW PRODUCT LAUNCH

    Pillo Health and Stanley Black & Decker have introduced a smart robot companion that can dispense pills. Pria uses a built-in voice assistant to interact with patients and carers to help people with chronic conditions maintain their medication routine and general health. 

     

    In essence, the Pria gadget is a smart monitor with a pill dispenser. Pria can schedule up to 28 doses of medication, remind the user when it’s time to take the medications, and dispense the right quantity of each drug using a related mobile app.

     

     Pria can communicate with its owner verbally or via touch device. It also informs carers of changes in the owner’s health, such as whether the owner has taken their medication.

     

    In order to verify that the individual taking the medication is the intended recipient, the device also has an integrated camera and facial recognition software. Users can use the camera to have two-way video conversations with family members or carers. 

     

    It offers services to those who care for individuals with chronic conditions as well as those who have such conditions themselves. In this instance, the main purchaser is a carer who is taking care of a person who is taking multiple medications and stays at home. A loved one’s health can be virtually monitored by caregivers, who can also check on them to make sure everything is alright.

     

    NEW PRODUCT LAUNCH

     

    An automatic pill dispenser with telemedicine capabilities that is targeted towards the elderly and chronically ill was recently introduced by pharmacy service provider MedMinder. The release occurs at a time when these people are more and more dependent on remote medical solutions to meet their medical demands while preserving their independence.

     

    When older people don’t take their prescribed medications as directed, it can be a health emergency that forces them into assisted living facilities and, in the worst case scenario, result in 125,000 fatalities a year.

     

    There is a pressing need for a method to remotely monitor medication consumption and offer remote medical treatment, as well as give vulnerable populations’ families peace of mind, given the need to separate vulnerable people for their own safety as a result of the coronavirus.

     

    Medication is delivered to the patient’s door by MedMinder in monthly dose trays that have been meticulously planned out. The tray is put right into the automated pill dispenser, which only releases one capsule of medication at the appointed time. An alert is sent to a family member if the user still fails to take the prescription despite getting alerts.

     

    With the new MedMinder dispenser, the pharmacy is just a click away. It has a full touch screen that enables users to communicate with healthcare providers and carers, view information about their medications, and pair Bluetooth-enabled third-party devices like blood pressure monitors, scales, and thermometers. To make them feel connected from a distance, it also enables the patient’s relatives to remotely upload pictures to the device.

     

    Two new products are being introduced by Group Medical Supply, LLC, a producer and retailer of compliance and diabetes goods. For people who require help with medication compliance, GMS Automatic Pill Dispensers are lockable, programmable devices. Users can get digital notifications of their scheduled doses by integrating Bluetooth and WiFi with an automatic pill dispenser.

     

    The regular unit has Bluetooth capabilities and may be connected to a wireless device using the LeBox software (available from the Apple software Store or Google Play store), which tracks doses and notifies the user when it is time to take a dose.  At the moment, not many manufacturers offer a pill dispenser with this feature. A 4 AA battery pack and an AC adapter are also included.

     

    The sophisticated gadget may be set up to connect to a local area wireless network and sync with a user’s device using the ZayaCare app, which is also accessible from Google Play or Apple Apps.

     

    Tracking dosages and notifying designated carers or family members of missing or taken doses through text message are both made feasible by an API server, which also receives and distributes information. Moreover, a rechargeable battery and an AC adapter are included.  Both pill dispensers can also be manually set up to alert the user with flashing lights and a voice alarm without the need of a tablet or smartphone.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Automatic Pill Dispensers are manufactured per annum in Globally ? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Automatic Pill Dispenser and key vendor selection criteria
    3. Where is the Automatic Pill Dispenser Manufactured? What is the average margin per unit ?
    4. Market share of Automatic Pill Dispenser manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Automatic Pill Dispenser in-house
    6. key predictions for next 5 years in Automatic Pill Dispenser      
    7. Average B-2-Bl Automatic Pill Dispenser price in all segments
    8. Latest trends in Automatic Pill Dispenser ,by every market segment
    9. The market size (both volume and value) of the Automatic Pill Dispenser market in 2023-2030 and every year in between?
    10. Production Automatic Pill Dispenser ,by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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