Overview


According to FutureWise analysis the market for automated dispensing machines in 2023 is US$ 2.09 billion, and is expected to reach US$ 4.26 billion by 2031 at a CAGR of 9.32%.

Automated dispensing machines are computerized systems that are designed to provide efficient and accurate dispensing of medications, medical supplies, and other healthcare products. These machines are widely used in hospitals, pharmacies, long-term care facilities, and other healthcare settings to automate medication management and improve patient safety. Automated dispensing machines typically consist of a storage unit, dispensing mechanism, and control system, and a user interface. The storage unit contains medications and other healthcare products, which are stored in pre-packaged, barcoded containers. The dispensing mechanism retrieves the containers and dispenses the appropriate medication or product based on the prescription or order entered into the system. The control system of an automated dispensing machine is responsible for managing the dispensing process, verifying patient information and medication orders, and tracking medication usage and inventory levels. The user interface allows healthcare professionals to access the system, enter orders or prescriptions, and monitor the dispensing process.

Automated dispensing machines offer several benefits over traditional manual medication management systems. They are highly accurate and efficient, reducing the risk of medication errors and improving patient safety. They also help to streamline medication management processes, enabling healthcare professionals to spend more time on patient care and reducing the time and labor required for medication administration.

FutureWise Market Research has published a report that provides an insightful analysis of Automated Dispensing Machines Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Automated Dispensing Machines Market will experience a significant growth.

According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.

  • Aesynt Incorporated
  • Becton, Dickinson and Co.
  • Omnicell, Inc.
  • Script Pro LLC.
  • Avery Weigh-Tronix
  • Pearson Medical Technologies
  • Accu-Chart Plus Healthcare System, Inc.
  • Baxter
  • Capsa Solutions LLC.

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent developments by key players in Automated Dispensing Machines Market:

  • In March 2022, the NexsysADC automated dispensing cabinet line was expanded, according to Capsa Healthcare (US). With its two new sizes of Controlled Access Module Drawers, NexsysADC can store any size of high-value or restricted-access pharmaceuticals or supplies.

The market for automated dispensing machines is expected to grow significantly in the coming years. The market is influenced by factors including the growing need for efficient and error-free medication dispensing, increasing adoption of automation in the healthcare sector, and rising demand for self-service kiosks in retail and hospitality industries. The market is also influenced by factors such as technological advancements, growing demand for personalized medicine, and the increasing prevalence of chronic diseases. Automated dispensing machines offer several benefits, such as reduced waiting times, improved accuracy, and increased patient safety. These machines also help healthcare providers to streamline their operations and reduce costs.

However, the high cost of automated dispensing machines is a major challenge for the market. These machines are expensive to develop, manufacture, and maintain, which makes them unaffordable for many healthcare providers, especially in developing countries. As a result, the adoption of automated dispensing machines is limited to large hospitals and healthcare organizations, which can afford to invest in such technologies. Another market challenge is the lack of skilled professionals to operate these machines. Automated dispensing machines require trained professionals to operate and maintain them, which is a challenge for healthcare providers who may not have the resources to invest in training their staff. This can lead to operational issues and a decrease in the efficiency of the machines. Moreover, technological advancements and the development of cost-effective automated dispensing machines are expected to create new market growth opportunities.

By Application

  • Outpatient
  • In-Patient

By End Use

  • Hospitals
  • Retail drug stores and pharmacies

By Operation

  • Centralized pharmacies
  • Decentralized pharmacies

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered the highest share in the market in 2022. North America dominates the Automated Dispensing Machines Market, with the U.S. being the largest contributor to the market growth in the region. The United States has the largest healthcare market globally and is a leader in adopting healthcare technologies, including automated dispensing machines. The country's healthcare industry is constantly evolving, with a focus on improving patient outcomes, reducing costs, and enhancing the efficiency of healthcare delivery. The growing demand for automation in the healthcare sector, coupled with the increasing need for efficient and error-free medication management, is driving the growth of North America's automated dispensing machines market. The presence of leading market players, research and development activities, and favorable government initiatives are also driving market growth in the region.

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants
  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth
  • To provide with an exhaustive analysis on the Automated Dispensing Machines Market By Application, By End Use, By Operation and By Region.
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Automated Dispensing Machines Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Automated Dispensing Machines Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Automated Dispensing Machines Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Automated Dispensing Machines Market, By Application Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Outpatient
        2. In-Patient

  • 8.   Automated Dispensing Machines Market, By End Use Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals
        2. Retail drug stores and pharmacies

  • 9.   Automated Dispensing Machines Market, By Operation Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Centralized pharmacies
        2. Decentralized pharmacies

  • 10.   North America Automated Dispensing Machines Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 11.   Latin America Automated Dispensing Machines Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country,2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 12.  Europe Automated Dispensing Machines Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •        1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 13.  Asia Pacific Automated Dispensing Machines Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 14.  Middle East and Africa Automated Dispensing Machines Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 15.  Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix

  • 16.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •       1. Aesynt Incorporated
             1.1. Company Overview
             1.2. Product Portfolio
             1.3. SWOT Analysis
             1.4. Financial Overview
             1.5. Strategic Overview
            2. Becton, Dickinson and Co.
             2.1. Company Overview
             2.2. Product Portfolio
             2.3. SWOT Analysis
             2.4. Financial Overview
             2.5. Strategic Overview
            3. Omnicell, Inc.
             3.1. Company Overview
             3.2. Product Portfolio
             3.3. SWOT Analysis
             3.4. Financial Overview
             3.5. Strategic Overview
            4. Script Pro LLC.
             4.1. Company Overview
             4.2. Product Portfolio
             4.3. SWOT Analysis
             4.4. Financial Overview
             4.5. Strategic Overview
            5. Avery Weigh-Tronix
             5.1. Company Overview
             5.2. Product Portfolio
             5.3. SWOT Analysis
             5.4. Financial Overview
             5.5. Strategic Overview
            6. Pearson Medical Technologies
             6.1. Company Overview
             6.2. Product Portfolio
             6.3. SWOT Analysis
             6.4. Financial Overview
             6.5. Strategic Overview
            7. Accu-Chart Plus Healthcare System, Inc.
             7.1. Company Overview
             7.2. Product Portfolio
             7.3. SWOT Analysis
             7.4. Financial Overview
             7.5. Strategic Overview
            8. Baxter
             8.1. Company Overview
             8.2. Product Portfolio
             8.3. SWOT Analysis
             8.4. Financial Overview
             8.5. Strategic Overview
            9. Capsa Solutions LLC.
             9.1. Company Overview
             9.2. Product Portfolio
             9.3. SWOT Analysis
             9.4. Financial Overview
             9.5. Strategic Overview

  • 17.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by
                  administrations
        5. The overall economic slowdown of the developing and developed nations

  • 18.   FutureWise SME Key Takeaway Points for Client
Partner

Our Clients