Automated Dispensing Systems Market 2027 By Operation, Application, End User

Automated Dispensing Systems Market Forecasts to 2027 - Covid-19 Impact & Global Analysis by Operation (Decentralized Systems and Centralized Systems), Application (Out-Patient Automated Dispensing and In-Patient Automated Dispensing) and End User (Retail Pharmacies, Hospital Pharmacies and Others) and Geography

Publication Month : Aug 2020

  • Report Code : TIPHE100000837
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 155
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The automated dispensing systems market is expected to reach US$ 2,980.38 million by 2027 from US$ 1,665.78 millionin 2019; it is estimated to grow at a CAGR of 7.6% during 2020–2027.

Automated dispensing system, also termed as automated drug cabinets, are electronic drug storage and dispensing devices, primarily used in healthcare settings. These systems aid in tracking and controlling the drug distribution;they are secured with authenticated passwords and biometrics for inventory control and security of the drugs against thefts. These systems have been highlighted as one of the potential instruments to improve operational efficiency and patient safety.Moreover, they are now widely used in clinics and nursing homes, among others. Automated dispensing systems help transform hospitals into safer, and more efficient and effective institutions.

The global automated dispensing systems market is driven by factors such as increasing medication errorsand rising geriatric population. However, the problems associated with automated dispensing systems such as wrong programme input, equipment breakdown and othersmay hinder the market growth. Additionally, emerging markets are creating growth opportunities for the market players.

Lucrative Regional Markets for Automated Dispensing Systems



Lucrative Regional Markets for Automated Dispensing Systems
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Market Insights

Increasing Medication Errors

An irrational, inappropriate, and ineffective medication dispensing may lead to serious medication errors that can harm patients. A few of the common medication errors are dispensing a wrong drug, dispensing a wrong drugquantity, dispensing wrong strength drug, and item omission. ~75% of the medication errors are caused by distractions, as the healthcare professionals are engaged with multiple tasks such as examination of patients, speaking to consultants, speaking to patient family members, conversing with insurance professionals.

Annually, the US Food and Drug Administration (FDA) receives over 100,000 reports associated with medication error. Further, as per the study “Medication Errors” published in StatPearls in June 2020, every year ~7,000–9,000 people die due to medication errorin the US. Similarly, as per the estimations published in the study “Prevalence and Economic Burden of Medication Errors in the NHS In England” in 2018, every year ~237 million medication errors occur in NHS and avoidable adverse drug reactions (ADRs) lead to hundreds of deaths.

Operation-Based Insights

Based on operation, the automated dispensing systems market is segmented into decentralized systems and centralized systems. The centralized systems segment held a larger share of the market in 2019 owing to factors such as growing need to reduce costs, ensure medication availability, and modernize resource allocation.Moreover, decentralized system is anticipated to register a greater CAGR in the market during the forecast period.

Automated Dispensing Systems Market, by Operation– 2019and 2027



Automated Dispensing Systems Market, by Operation– 2019and 2027
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Application-Based Insights

Based on application, the automated dispensing systems market is segmented into in-patient automated dispensing and out-patient automated dispensing. The in-patient automated dispensing segment held a larger share of the market in 2019; however, out-patient automated dispensing is anticipated to register a higher CAGR during the forecast period.

End User-Based Insights

Based on end user, the automated dispensing systems market is segmented into hospital pharmacies, retail pharmacies, and others. The hospital pharmacies segment held the largest share of the market in 2019; however, the retail pharmacies segment is expected to register the highest CAGR of in the market during the forecast period.

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Automated Dispensing Systems Market: Strategic Insights

automated-dispensing-systems-market
Market Size Value inUS$ 1,665.78 Million in 2019
Market Size Value byUS$ 2,980.38 Million by 2027
Growth rateCAGR of 7.6% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Product launches and approvalsare the commonly adopted strategies by companies to expand their global footprintsand product portfolios; these strategies help them meet the growing consumer demand. Collaboration is one of the major strategies adopted by the automated dispensing systems marketplayers to enlarge customer base worldwide, which also permits them to maintain their brand name globally.

Global Automated Dispensing Systems Market– by Operation

  •     Decentralized Systems
  •     Centralized Systems

Global Automated Dispensing Systems Market– by Application

  •     Out-Patient Automated Dispensing
  •     In-Patient Automated Dispensing

Global Automated Dispensing Systems Market– by End User

  •      Retail Pharmacies
  •      Hospital Pharmacies
  •      Others

Automated Dispensing Systems Market– by Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa
  • South and Central America

    • Brazil
    • Argentina
    • Rest of South America

Company Profiles


  • Cerner Corporation
  • Capsa Healthcare
  • Omnicell, Inc
  • BD
  • ARxIUM
  • Accu-Chart Plus Healthcare Systems, Inc
  • Innovation Associates
  • RxMedic Systems, Inc
  • Swiss log Holding Ltd
  • Willach Pharmacy Solutions GmbH
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Operation , Application and End User and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What is automated dispensing systems?

Automated dispensing system, also termed as automated drug cabinet, is an electronic drug storage and dispensing device primarily used in health care settings. These systems aid in tracking and controlling the drug distribution and are secured with authenticated passwords and biometrics for inventory control and security of the drugs. These systems have been recommended as one of the potential instruments to improve efficiency and patient safety, and they are now widely used in many hospitals, for instance in clinics, nursing homes. Automated dispensing system helps to transform hospitals into safer, more efficient and more effective institutions.

What are the driving factors for the automated dispensing systems marketacross the globe?

The factors that are driving growth of the market are increasing medication errors, increasing prevalence of chronic diseases and rising geriatric population. Moreover, emerging markets is expected to offer lucrative opportunities for the growth of the market.

Who are the major players in the automated dispensing systemsmarket?

The anti-viral therapiesmarket majorly consists of the players such as Cerner Corporation, Capsa Healthcare, Omnicell, Inc, BD, ARxIUM, Accu-Chart Plus Healthcare Systems, Inc, Innovation Associates, RxMedic Systems, Inc, Swiss log Holding Ltd and Willach Pharmacy Solutions GmbHamongst others.

The List of Companies - Automated Dispensing Systems Market

  1. AbbVie Inc.
  2. Abbott
  3. F. Hoffmann-La Roche Ltd
  4. Bristol-Myers Squibb Company
  5. Johnson & Johnson Services, Inc.
  6. Merck and Co., Inc.
  7. Gilead Sciences, Inc.
  8. GlaxoSmithKline plc
  9. Aurobindo Pharma
  10. AstraZeneca

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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