What is Automated Dispensing Systems?
Automated Dispensing Systems are devices or medical equipment which are designed to dispense medications based on prescriptions. Automated dispensing systems are available both in centralised and decentralised operations based on the specific requirements. Recent covid-19 pandemic has accelerated the market growth of the automated dispensing systems due to growing safe distance protocols around the globe. Shortage in medical staff has also pushed several governments around the globe to opt for automated solutions. Based on the applications the automated dispensing systems can be divided into out-patient and in-patient dispensing systems. North America is currently the largest market followed by Europe, and certain countries in Asia Pacific such as Japan and South Korea.
The market study is broken down by Type (Decentralized Systems and Centralized Systems), by Application (Out-Patient Automated Dispensing and In-Patient Automated Dispensing) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TouchPoint Medical (United States), Pearson Medical Technologies LLC (United States), Tosho Co., Ltd. (Japan), Takazono Corporation (United States), ArxIUM (Canada), Capsa Healthcare (United States), McKesson Corporation (United States), Accu-Chart Plus Healthcare Systems Inc. (United States), Willach Pharmacy Solutions GmbH (Germany) and Swisslog Holding AG (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Newlcon Oy (Finland), Omnicell Inc. (United States) and Baxter International Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Automated Dispensing Systems market by Type, Application and Region.
On the basis of geography, the market of Automated Dispensing Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Automated Dispensing Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Retail Pharmacies will boost the Automated Dispensing Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2021, ATS Automation Tooling Systems Inc., a Canada based automation systems developer and manufacturer has announced acquisition of BioDot, Inc., which specialises in manufacturing low volume precision dispensing systems. It also specialises in no-contact, fluid dispensing systems. The acquisition will help ATS expand its product portfolio and better serve its fast growing point of care, and diagnostic as well as clinical automation segment.
In 2020, Becton, Dickinson and Company, also known as BD which is United States based medical technology manufacturer has announced acquisition of Medical Business Assets of Cubex LLC. This acquisition significantly expands the Automated Dispensing Systems Portfolio of BD as well as benefit its growth prospect especially due to recent covid pandemic.
- Centralised Systems are rising in Popularity
- Recent Pandemic Resulted in Implementation of Safe Distance Protocols
- Improvement of Automation Technology
- IoT can be integrated with Automated Dispensing Systems
- Less Knowledge about Operability of the Dispensing Systems in Rural Parts of Developing Countries
Key Target AudienceAutomated Dispensing Systems Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as TouchPoint Medical (United States), Pearson Medical Technologies LLC (United States), Tosho Co., Ltd. (Japan), Takazono Corporation (United States), ArxIUM (Canada), Capsa Healthcare (United States), McKesson Corporation (United States), Accu-Chart Plus Healthcare Systems Inc. (United States), Willach Pharmacy Solutions GmbH (Germany) and Swisslog Holding AG (Switzerland) etc.
2. Can we have customized study for Automated Dispensing Systems Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Automated Dispensing Systems Market by 2026?
Analysts at AMA estimates Automated Dispensing Systems Market to reach USD Million by 2026.