Europe High Volume Dispensing Systems Market Size & Outlook
Europe high volume dispensing systems market highlights
- The Europe high volume dispensing systems market generated a revenue of USD 575.3 million in 2023.
- The market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
- In terms of segment, retail pharmacies was the largest revenue generating end use in 2023.
- Retail Pharmacies is the most lucrative end use segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 575.3 million |
| Market revenue in 2030 | USD 1,027.5 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Retail pharmacies |
| Fastest growing segment | Retail Pharmacies |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Retail Pharmacies |
| Key market players worldwide | McKesson Corp, HealthMark Group, Thornburg Small/Mid Cap Growth R4, ScriptPro, Omnicell Inc, iA Financial Corp Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 22.1% of the global high volume dispensing systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 850.5 million by 2030.
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High Volume Dispensing Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| iA Financial Corp Inc | View profile | 8900 | 1080, Grande Allee Ouest, PO Box 1907, Station Terminus, Quebec, QC, Canada, G1K 7M3 | https://www.ia.ca |
| Thornburg Small/Mid Cap Growth R4 | View profile | - | - | - |
| HealthMark Group | View profile | 501-1000 | Dallas, Texas, United States, North America | https://www.healthmark-group.com |
| ScriptPro | View profile | 501-1000 | Mission, Kansas, United States, North America | http://www.scriptpro.com |
| Omnicell Inc | View profile | 3590 | 4220 North Freeway, Fort Worth, Santa Clara, CA, United States, 76137 | https://www.omnicell.com |
| McKesson Corp | View profile | 51000 | 6555 State Highway 161, Irving, TX, United States, 75039 | https://www.mckesson.com |
Europe high volume dispensing systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to high volume dispensing systems market will help companies and investors design strategic landscapes.
Retail pharmacies was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe high volume dispensing systems market based on retail pharmacies covering the revenue growth of each sub-segment from 2018 to 2030.
Rising concerns of European Union (EU) on issues concerning the safety of patients may drive the demand for high volume dispensing systems in order to ensure safe dispensing of medications in the region. For instance, EU introduced Falsified Medicines Directive (FMD) in 2011 to avoid counterfeit medications in the dispensing process.
Rising need for effective management of controlled substances in order to ensure safe dispensing of these high-risk medications may drive the demand for high volume dispensing systems in the country. For instance, Metha Measure Limited is one of the major players in the Europe market, which offers systems for high volume dispensing of methadone.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe high volume dispensing systems market , including forecasts for subscribers. This continent databook contains high-level insights into Europe high volume dispensing systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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