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Automated Dispensing Machines Market Value Chain, Future Analysis, Industry Growth by 2030

Market Scenario

Automated Dispensing Machines Market Size was valued at USD 2.6 billion in 2022.The Automated Dispensing Machines market is anticipated to grow significantly, from USD2.8652 billion in 2023 to USD 6.3 billion by 2032. This represents a robust compound annual growth rate (CAGR) of 9.8% during the forecast period 2023 - 2032. Patient satisfaction across the globe is likely to favor its growth. Automated dispensing machines are specifically designed for the centralized filing of individual patient prescription along with unit-dose medication and decentralized dispensing. The automated dispensing machines aim towards decreasing the prevalence of patient medication error. The utilization of automated dispensing machines further assists the hospitals to achieve the safety goal.

Competitive Dashboard

The prominent players operating in the global automated dispensing machines market comprises Dickinson and Company, Becton, ScriptPro LLC, Omnicell Inc., Pearson Medical Technologies LLC, Avery Weigh-Tronix, Baxter, Accu-Chart Plus Healthcare Systems Inc., YUYAMA Co. Ltd, Capsa Healthcare, Cerner Corporation, and Talyst LLC.

Market Potential and Pitfalls

The automated dispensing machines market is expanding at breakneck speed owing to resource management, patient satisfaction, and the rapid development of technology in the healthcare sector. The surging demand for automated dispensing machines market has led the companies to focus on developing effective automated dispensing equipment. For instance, Omnicell, Inc. completed the acquisition of Aesynt Holding Coöperatief U.A in January 2016. The acquisition has added distinct capabilities in central pharmacy robotics, IV robotics, analytics, and automated dispensing systems.

The surging number of initiatives by the government supporting the pharmacists and the healthcare institutes in order to make high
12 months ago

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