Pneumatic Tube System Market size is set to cross USD 23 Billion by the end of 2036, expanding around 7% CAGR during the forecast period i.e., 2024-2036. In the year 2023, the industry size of pneumatics tube system was over 3 Billion. Prominent companies in the pneumatic tube system industry take the required actions to raise the general effectiveness and functionality of their system. The TransLogic Pneumatic Tube System with Nexus Station and Relay Automatic Service Robot was on display at AONE19 (Annual Meeting of the American Organization of Nurse Executives) in April 2019 by Swisslog Healthcare, a leader in transport automation products. The Nexus station is a multi-dispatch device that offers queued batch detection of carriers and multi-carrier receiving, which enhances the 3600 workflows. Software for delivery managers keeps track of the item, its status, its location, and its delivery mode. When necessary, Relay, an independent service robot with an easy-to-use interface, bridges the gap among pneumatic tube system. Workflow efficiency is enhanced by the easy and extremely secure material movement provided by the TransLogic Pneumatic Tube System with Nexus Station.
Pneumatic tube system are becoming increasingly common in many internal logistic issues faced by companies that manufacture a wide range of goods and services. There has been a notable surge in the demand for these system due to their low pricing. The system's high degree of security, ease of use, and minimal cost of upkeep are the major factors driving its expansion.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
~7% |
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Base Year Market Size |
~USD 3 billion |
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Forecast Year Market Size |
~USD 23 billion |
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Regional Synopsis |
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System Configuration (Multiline, Single-Line, Point-to-Point)
In terms of system configuration, the multiline segment in the pneumatic tube system market is set to hold a largest revenue share of 50% by the end of 2036. Initially, multiline system were mostly utilized by hospitals due to their high specimen requirements. System-centered software, which can handle errors, monitor the system, and retrieve transaction data in real-time, is in charge of these system. It can also execute numerous concurrent transactions. Although multiline system were first intended for use in hospitals, other end users have found these system appealing as they meet the majority of the market's needs for pneumatic tube system.
End-User Industries (Hospitals, Industrial, Banks, Waste Management)
Based on end user segmentation, the hospital segment is anticipated to lead the pneumatic tube system market registering a growth of 40% during the period between 2024 – 2036. Everything is transported using pneumatic tube system at hospitals, including laboratory samples, records, x-rays, emergency samples, medications, and units of stored blood. The worldwide hospitality industry is expanding faster due to rising health concerns and solid economic growth in some places. The aforementioned causes also contribute to an increase in the demand for pneumatic tube system in hospitals. Human-intervention-free shipping reduces the possibility of contamination and encourages suppliers to provide distinctive products to the market. Hospitals must have pneumatic tube system on hand because they are the best option for measuring long distances—such as during a surgical procedure when every second counts—and for responding quickly when handling blood products or samples. When speed is crucial, the hospital tube system is made to transfer objects like blood and urine samples or medications quickly, safely, and without shock. Products like the Pevco Link Web App, made by companies like Pevco System, allow users to track real-time data about medications, specimens, and blood products. To improve system efficiency, safety, and delivery time, they also have Pavco Smart Path.
Our in-depth analysis of the global pneumatic tube system market includes the following segments:
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System Configuration |
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End-User Industries |
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North American Market Analysis
The pneumatic tube system market in the North America region is anticipated to hold the largest share of 35% during the period between 2024 – 2036. The need for safer and better procedures is growing in the region, as are the industrial and healthcare industries. This has raised the need for automated solutions in some end-user industries. Recent technical developments have led to the development of novel pneumatic tube system that greatly increase precision in a variety of applications and greatly increase overall process efficiency. The official estimates from the National Health Expenditure Account (NHEA) state that in 2022, overall healthcare spending in the US increased by 4.3% to reach USD 4.3 trillion, or USD 12,530 per person. These factors are anticipated to be the greatest growth factors behind the pneumatic tube system market in the projected period.
APAC Market Statistics
The pneumatic tube system market in the Asia Pacific region is predicted to grow significantly by the end of the forecast period. It is anticipated that the APAC market would grow in the upcoming year. The rapid expansion of the online retail sector in the region in terms of the manufacturing sector, the number of planned system installations, the increase in clinical research activities, and the government's increasing spending on medical and healthcare facilities across the nation are all factors driving this high growth in the regional pneumatic tube system market.
Author Credits: Rushikesh, Richa Gupta
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