“Global
Drug (Medicine) Dispenser Market Analysis & Opportunity Outlook 2021”
The global drug (medicine)
dispenser market is segmented into application such as hospitals, pharmacies
and homecare. Among these segments, homecare segment is expected to grow at
maximum pace during the forecast period. The rise of the homecare segment is
backed by the increasing demand for drug (medicine) dispenser by patients who
have to response to drugs on daily basis and especially by patients who have
memory deficiencies. However, it can be used in hospitals and pharmacies also
to reduce chances of medication error.
Global drug (medicine)
dispenser market is expected to register a robust CAGR over the forecast period.
Moreover, the global drug (medicine) dispenser market is expected to reach at notable
revenue by the end of 2021. Factor such as technological advancements in medical
devices and increasing geriatric population across the globe are expected to be
the dynamic factors behind the growth of this segment during the forecast
period.
The North America segment by region
accounted for major share of global drug (medicine) dispenser market
in 2015. Moreover, North America drug (Medicine) dispenser is poised to display
substantial growth during the forecast period owing to a number of factors such
as swelled disposable income, high spending on healthcare and increasing
adoption of advanced medical devices in this region.
Increased Geriatric
Population
Factors such as increasing older population and rising
incidence of age-related memory weakness are anticipated to fuel the demand for
drug (medicine) dispenser over the forecast period. Furthermore, drug
(medicine) dispenser helps aged people to maintain their regular medication and
avoid any medication error. This factor is envisioned to escalate the growth of
Drug (Dispenser) Market in Future.
Technological Advancements
in Medical Devices
Demand for automated medication
dispensing system is increasing due to its advantages such as prevention of medication
error, easy controlling and better customization. Additionally, swift
advancements in healthcare technologies and concerns regarding patient’s health
and medication in hospitals is also increasing the demand for drug (medicine)
dispenser in hospitals which in turn
likely to foster the growth of global drug (medicine) dispenser market over the
forecast period.
Although, high repair and maintenance
cost of advanced medication dispenser and slow adoption rate in under developed
countries are some of the factors that are likely to obstruct the growth of the
drug (medicine) dispenser market in the near future.
The
report titled “Global
Drug (Medicine) Dispenser Market Analysis & Opportunity Outlook 2021” delivers detailed overview of
the global drug (medicine) dispenser market in terms of market segmentation by application
and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model.
This report also provides the
existing competitive scenario of some of the key players of the global drug
(medicine) dispenser market which includes company profiling of Koninklijke Philips N.V., MedMinder Systems Inc.,
Medication Solutions LLC, e-pill LLC, Care- Fusion Corp., Kirby Lester,
OmniCell Inc, McKesson Corp, Amerisource Bergen Corp and Health-Robotics SRL.
The profiling enfolds key information of the companies which encompasses
business overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global drug
(medicine) dispenser market that will help industry consultants, equipment
manufacturers, existing players searching for expansion opportunities, new
players searching possibilities and other stakeholders to align their market
centric strategies according to the ongoing and expected trends in the future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
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strategy, expansion and investment etc. We believe every business can expand to
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strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
Read more Information: https://www.researchnester.com/reports/global-drug-medicine-dispenser-market-analysis-opportunity-outlook-2021/73
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