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Global High Volume Dispensing Systems Market, Trends Size, By Type (Systems/Cabinets and Software Solutions), By Application (Retail Pharmacies and Hospital Pharmacies), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.


Report ID : IR1001299 | Industries : Healthcare | Published On :May 2024 | Page Count : 241

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  • Global High Volume Dispensing Systems Market, Trends Size, By Type (Systems/Cabinets and Software Solutions), By Application (Retail Pharmacies and Hospital Pharmacies), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
    Global High Volume Dispensing Systems Market 
    The Global High Volume Dispensing Systems Market was valued at US$ 2.47 Bn in 2022, estimated to reach US$ 4.59 Bn by 2030, with a CAGR of 5.90% from 2023-2030.
    A specific kind of medical device called a high-volume dispensing system is used to precisely and quickly distribute huge amounts of medication. The ability to efficiently give drugs to a large number of patients is one of the reasons these systems are crucial.
    Market Drivers
    Among the important factors driving market expansion are technological advancements, rising drug mistake rates, and expanding use of pharmacy automation systems and software for large-volume dispensing. The World Health Organisation (WHO) reports that in 2017, medical errors result in at least one death and 1.3 million injuries in the United States each year.
    Rising prescription rates and the prevalence of non-communicable disorders are expected to boost the market. 
    Additionally, it is projected that the rising need for more accurate and speedy prescription processing would further fuel the market.
    Market Restraints
    The cost of high-volume dispensing systems varies according to the size, complexity, and characteristics of the machinery. For small and medium-sized firms, who lack the resources to invest in such equipment, this serves as a barrier to adoption.
    The adoption of high-volume dispensing is constrained by the increased need for routine maintenance and service to ensure precise and reliable operation. These processes are expensive and time-consuming, and they also cause downtime and lower productivity.
    Market Segmentation
    The scope of the Global High Volume Dispensing Systems Market covers segmentation based on Type, Weighing Capacity, End-User, and Region.
    Based on Type, the market is segmented into Systems/Cabinets and Software Solutions.
    Based on Application, the market is divided into Retail Pharmacies and Hospital Pharmacies.
    Regional Analysis
    The Global High Volume Dispensing Systems Market is segmented into 5 main regions, namely North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
    North America is anticipated to lead the market as a whole. The presence of major players, the high frequency of chronic diseases in the area, and the well-established healthcare infrastructure are some of the main factors responsible for the market's growth. Due to its pro-patient legislation, large patient population, and developed healthcare market, the United States has the largest share in this region. The demand for secure, reputable medicine stores is always growing due to an aging population and an increase in chronic diseases.
    Key Players
    Omnicell, Inc., McKesson Corporation, Innovation Associates, TCGRx, ScriptPro, LLC
    Becton, Dickinson, and Company's successfully acquired Parata Systems in July 2022 to provide disruptive solutions. The partnership sought to provide an increasing network of pharmacies with a wide array of innovative pharmacy automation technologies that will enable them to reduce costs, boost patient safety, and enhance patient experiences in retail, hospitals, and long-term care settings.
    Market Taxonomy
    By Type

    • Systems/Cabinets
    • Software Solutions
    By Application
    • Retail Pharmacies
    • Hospital Pharmacies 

    By Region
    • North America 
    o U.S.
    o Canada
    o Mexico
    • Latin America
    o Brazil
    o Argentina
    o Colombia
    o Peru
    o Chile
    o Venezuela
    o Rest of Latin America
    • Europe
    o Germany
    o France
    o UK
    o Russia
    o Italy
    o Spain
    o Rest of Europe
    • Asia Pacific
    o China           
    o Japan
    o India
    o South Korea
    o Australia
    o New Zealand
    o Singapore
    o Malaysia
    o Rest of Asia Pacific
    • Middle East & Africa
    o Saudi Arabia
    o UAE
    o Egypt
    o Kuwait
    o South Africa
    o Rest Middle East & Africa
    Key Questions Addressed by the Report
    • What are the Key Opportunities in Global Bonsai Market?
     
    • What will be the growth rate from 2023 to 2030?
     
    • Which segment/region will have the highest growth?
     
    • What are the factors that will impact/drive the Market?
     
    • What is the competitive Landscape in the Industry?


     

    Global High Volume Dispensing Systems Market  
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global High Volume Dispensing Systems Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing economic downturn 
    4.2.6 Post covid-19 world Supply & Demand conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global High Volume Dispensing Systems Market, By Type 
    5.1 Y-o-Y Growth Comparison, By Type 
    5.2 Global High Volume Dispensing Systems Market Share Analysis, By Type  
    5.3 Global High Volume Dispensing Systems Market Size and Forecast, By Type 
    5.3.1 Systems/Cabinets and Software Solutions
    5.3.2. Software Solutions
    6 Global High Volume Dispensing Systems Market, By Application
    6.1 Y-o-Y Growth Comparison, By Application
    6.2 Global High Volume Dispensing Systems Market Share Analysis, By Application
    6.3 Global High Volume Dispensing Systems Market Size and Forecast, By Application
    6.3.1 Retail Pharmacies 
    6.3.2. Hospital Pharmacies
    7 Global High Volume Dispensing Systems Market, By Region
    7.1 Global High Volume Dispensing Systems Market Share Analysis, By Region
    7.2 Global High Volume Dispensing Systems Market Share Analysis, By Region
    7.3 Global High Volume Dispensing Systems Market Size and Forecast, By Region
    8 North America High Volume Dispensing Systems Market Analysis and Forecast (2022-2027)
    8.1 Introduction
    8.2 North America High Volume Dispensing Systems Market Share Analysis, By Type 
    8.3 North America High Volume Dispensing Systems Market Size and Forecast, By Application
    8.4 North America High Volume Dispensing Systems Market Size and Forecast, By Country
    8.4.1 U.S.
    8.4.2 Canada
    8.4.3 Mexico
    9 Europe High Volume Dispensing Systems Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 Europe High Volume Dispensing Systems Market Share Analysis, By Type 
    9.3 Europe High Volume Dispensing Systems Market Size and Forecast, By Application
    9.4 Europe High Volume Dispensing Systems Market Size and Forecast, By Country
    9.4.1 Germany
    9.4.2 France
    9.4.3 UK
    9.4.4. Rest of Europe
    10 Asia Pacific High Volume Dispensing Systems Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Asia Pacific High Volume Dispensing Systems Market Share Analysis, By Type  
    10.3 Asia Pacific High Volume Dispensing Systems Market Size and Forecast, By Application
    10.4 Asia Pacific High Volume Dispensing Systems Market Size and Forecast, By Country
    10.4.1 China 
    10.4.2 Japan
    10.4.3 India
    10.4.4. Rest of Asia Pacific
    11 Latin America High Volume Dispensing Systems Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Latin America High Volume Dispensing Systems Market Share Analysis, By Type 
    11.3 Latin America High Volume Dispensing Systems Market Size and Forecast, By Application
    11.4 Latin America High Volume Dispensing Systems Market Size and Forecast, Country
    11.4.1. Brazil
    11.4.2. Rest of Latin America
    12 Middle East High Volume Dispensing Systems Market Analysis and Forecast (2022-2027)
    12.1 Introduction
     12.2 Middle East High Volume Dispensing Systems Market Share Analysis, By Type 
    12.3 Middle East High Volume Dispensing Systems Market Size and Forecast, By Application
    12.4 Middle East High Volume Dispensing Systems Market Size and Forecast, By Country
    12.4.1. Saudi Arabia
    12.4.2. UAE
    12.4.3. Egypt
    15.4.4. Kuwait
    12.4.5. South Africa
    13 Competitive Analysis
    13.1 Competition Dashboard
    13.2 Market share Analysis of Top Vendors
    13.3 Key Development Strategies
    14 Company Profiles
    14.1 Omnicell, Inc.
    14.1.1 Overview
    14.1.2 Offerings
    14.1.3 Key Financials
    14.1.4 Business Segment & Geographic Overview
    14.1.5 Key Market Developments
    14.1.6 Key Strategies
    14.2 McKesson Corporation
    14.2.1 Overview
    14.2.2 Offerings
    14.2.3 Key Financials
    14.2.4 Business Segment & Geographic Overview
    14.2.5 Key Market Developments
    14.2.6 Key Strategies
    14.3 Innovation Associates
    14.3.1 Overview
    14.3.2 Offerings
    14.3.3 Key Financials
    14.3.4 Business Segment & Geographic Overview
    14.3.5 Key Market Developments
    14.3.6 Key Strategies
    14.4 TCGRx
    14.4.1 Overview
    14.4.2 Offerings
    14.4.3 Key Financials
    14.4.4 Business Segment & Geographic Overview
    14.4.5 Key Market Developments
    14.4.6 Key Strategies
    14.5 ScriptPro, LLC
    14.5.1 Overview
    14.5.2 Offerings
    14.5.3 Key Financials
    14.5.4 Business Segment & Geographic Overview
    14.5.5 Key Market Developments
    14.5.6 Key Strategies