Press release
High Volume Dispensing Systems Market Set to Reach $3.4 Billion by 2029 with 7.8% Yearly Growth
High Volume Dispensing Systems
The growth of the high-volume dispensing systems market is anticipated to rise due to the surge in prescription numbers. These written orders, provided by healthcare professionals, sanction patients for using specific medications. An increasing aging population, the widespread of chronic illnesses, broader access to healthcare services, and medical advancements contribute to the escalation in the number of prescriptions. High-volume dispensing systems expedite the process, enabling pharmacies and healthcare practitioners to manage mass prescription loads with improved speed, precision, and minimization of manual errors. For example, the National Community Pharmacists Association, a US-based independent community pharmacist representation, reported that the average prescription volume per store in 2022 increased to 66,218, a significant rise from 63,228 prescriptions in 2021. Therefore, the escalating number of prescriptions is accelerating the advancement of the high-volume dispensing systems market.
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What Is the projected market size and growth rate for the high volume dispensing systems market?
In recent times, the market for high volume dispensing systems has been on a steady growth trajectory, expanding from a valuation of $2.3 billion in 2024 to an anticipated $2.48 billion in 2025, representing a compound annual growth rate (CAGR) of 8.1%. Factors contributing to this upward trend during the historic period include an upturn in production capacities in the pharmaceutical sector, escalating use of high-tech fluid control systems, surge in demand for bulk liquid handling systems, heightened need for efficient adhesive dispensing solutions, and an increase in the demand for continuous production lines.
In the coming years, the market for high volume dispensing systems is anticipated to witness substantial growth, expanding to $3.35 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. This growth in the predicted period can be traced to a rise in the numbers of retail and hospital pharmacies, increase in prescription numbers, escalating acceptance of pharmacy automation systems, growing automotive industry, and a surge in demand for downsized electronic devices. During the forecast period, major trends include technological progress, the merging of automation technologies, the incorporation of the Internet of Things, sustainable dispensing solutions, and the application of robotics.
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What new trends are reshaping the high volume dispensing systems market and its opportunities?
Leading entities in the high-volume dispensing systems industry are putting their efforts into developing cutting-edge technologies such as next-gen automatic paint dispensing systems. These systems improve the painting dispensing process, allowing for improved precision, efficiency, and convenience in maintenance, making them perfect for large-scale operations. For instance, Fluid Management, a US-based paint dispenser company, in March 2022, unveiled the AccuSmar, a fresh series of automatic paint dispensers. This includes the AccuSmart 7500 and 9500 models, both geared to enhance efficiency, ergonomics, and productivity for high-volume paint dispensing. The AccuSmart 7500, a compact automatic paint dispenser, is suitable for smaller-scale operations, with the capacity to support four or 6-quart canisters and a top flow rate of 80 ounces per minute. On the other hand, the AccuSmart 9500 is built for larger-scale, high-volume operations with a top flow rate of 150 ounces per minute, allowing it to accommodate canisters from four quarts up to five gallons.
What major market segments define the scope and growth of the high volume dispensing systems market?
The high volume dispensing systemsmarket covered in this report is segmented -
1) By Product Type: Systems And Cabinets, Software
2) By Material: Adhesives, Sealants, Lubricants, Epoxies, Greases
3) By End-Use: Retail Pharmacy, Hospital Pharmacy, Long-Term Care Pharmacy, Other End-Users
Subsegments:
1) By Systems And Cabinets: Automated Dispensing Systems, Manual Dispensing Systems, Lockable Dispensing Cabinets, Wall-Mounted Dispensing Systems, Portable Dispensing Units
2) By Software: Dispensing Management Software, Inventory Control Software, Integration Software For Dispensing Systems, Reporting And Analytics Software, Cloud-Based Dispensing Software
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Which region dominates the high volume dispensing systems market?
North America was the largest region in the high volume dispensing systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the high volume dispensing systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the high volume dispensing systems industry growth?
Major companies operating in the high volume dispensing systems market are McKesson Corporation, 3M Company, Henkel AG & Co KGaA, Sulzer Ltd., IDEX Corporation, Nordson Corporation, Graco Inc., Omnicell Inc., Dover Fueling Solutions, ScriptPro LLC, Capsa Healthcare, Dymax Corporation, ARxIUM Inc., UDM Systems Ltd., ViscoTec Pumpen u Dosiertechnik GmbH, Macnaught Pty Ltd., Fluid Research Corp, Fisnar Inc., Alemite LLC, Samoa Industrial
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What Is Covered In The High Volume Dispensing Systems Global Market Report?
•Market Size Forecast: Examine the high volume dispensing systems market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the high volume dispensing systems market for a structured understanding.
•Key Players Overview: Analyze major players in the high volume dispensing systems market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the high volume dispensing systems market.
•Segment Contributions: Evaluate how different segments drive overall growth in the high volume dispensing systems market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the high volume dispensing systems market.
•Industry Challenges: Identify potential risks and obstacles affecting the high volume dispensing systems market.
•Competitive Landscape: Review strategic developments in the high volume dispensing systems market, including expansions, agreements, and new product launches.
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