Automated Dispensing Machines Market

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Automated dispensing machines market.

The global automated dispensing machines market report provides a holistic evaluation of the market for the forecast period. In patient segment dominated the automated dispensing machines market with a share of 73 4 in 2019. This is attributable to rapidly growing number of patient admissions which raises the burden on pharmacy departments and also the chances of poor inventory management increases the demand for automated medication dispensing system. Automated dispensing machines market size and forecast.

Automated dispensing. It is estimated that the global automated dispensing machines market is expected to register a cagr of 8 1 with an estimated market value of usd 4 931 million during the forecast period from 2018 to 2023. Rising incidence of medication errors technological innovations and advancements growing geriatric population rising prevalence of chronic diseases government initiatives to integrate automated dispensing. Automated dispensing machines market is expected to generate a revenue of 2 3 billion by 2024 advancing at a cagr of 7 8 during the forecast period according to p s intelligence.

Automated dispensing machines market was valued at usd 3 34 billion in 2018 and is projected to reach usd 5 64 billion by 2026 growing at a cagr of 6 7 from 2019 to 2026.