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Automated Dispensing Machines Market is estimated to register 6.3% CAGR during 2022-2028

Automatic dispensing machines (ADM) or (automated drug cabinets) are a computerized drug storage and dispensing device used in the health care settings like hospitals and nursing homes, and are located at the point of care (the ward, ICU, ED) rather than in the central pharmacy.

Due to the COVID-19 pandemic, the global Automated Dispensing Machines market size is estimated to be worth US$ 1257.9 million in 2021 and is forecast to a readjusted size of US$ 1940.8 million by 2028 with a CAGR of 6.3% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Automated Dispensing Machines market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Automated Dispensing Machines landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

Hospitals held a majority share of 56.1% of the end-use segment in 2017. Lack of adequate pharmacy inventory management practices in the hospitals is one of the factors indicating the increasing risk of medication errors. A key factor impacting the market growth is the lack of pharmacists and technicians.

This report focuses on Automated Dispensing Machines volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Automated Dispensing Machines market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.

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The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Centralized Dispening
  • Distributed Dispening

Segment by Application

  • Hospitals
  • Retail Drug Stores
  • Pharmacies

By Company

  • Aesynt
  • BD
  • Omnicell
  • Script Pro
  • Avery Weigh-Tronix
  • Pearson Medical Technologies
  • Accu-Chart Plus Healthcare System
  • Baxter Healthcare
  • Capsa Solutions

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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