Fluid Dispensing Systems Market Trends

  • Report ID: 6302
  • Published Date: Aug 07, 2024
  • Report Format: PDF, PPT

Fluid Dispensing Systems Market Trends

Growth Drivers

  • Product innovation led by favorable regulatory compliance of medical devices - The medical device and biopharmaceutical sector is subject to regulations by the FDA’s Center for Devices and Radiological Health (CDRH) and Center of Biologics Evaluation and Research (CBER). All materials and manufacturing processes – comprising assembly, machining, and packaging are mandated the documentation for traceability and process validation. This is critically important for FD applications in the assembly of point-of-care testing (POCT), medical devices, medical wearables, and near-patient testing (NPT) products.

    The established regulatory framework has implored the key players to diversify their product offerings and develop automated dispensing solutions. For example, the GVPlus automatic FDS by Nordson EFD provides precision, increased capacity, and advanced visual capabilities. The repeatability has been significantly enhanced to ±0.008 mm which can achieve a best-in-class measurement accuracy of 8. The process of configuring the robot is simplified by the introduction of a novel dual-mounting flange, which allows for a maximum tool payload of 4.5 kg (10 lbs). To guarantee precision, EFD's exclusive dispensing software verifies and automatically corrects for any deviations that may arise during the operation driving the fluid dispensing market growth.
  • Widespread adoption in various fields - Precise and accurate fluid distribution is essential in both biotechnology and healthcare. Even minor errors might have significant consequences when it comes to manufacturing biotech products, conducting testing, or prescribing medications. Traditional manual dispensing methods can introduce contaminants that pose a risk to patient safety or compromise the integrity of assembly lines.

    Fluid dispensing solutions utilizing closed systems minimize the risk of contamination, ensuring the integrity of samples, reagents, or medications. The dispensing system, which is both easy and accurate, is seamlessly linked with SFC Fluidics' prototype for the analysis of metabolic indicators from microdialysate. The objective is to decrease the total duration of the assay, minimize expenses, and create the possibility for additional system downsizing thereby, all these elements converge to drive the fluid dispensing systems market expansion.

Challenges

  • Wastage of fluids - The FDS in manufacturing is expensive due to the utilization of incongruous dispensing valves and fluids. Certain valves are specifically designed to function optimally with fluids that have a high viscosity, while others are designed for fluids with a low viscosity. Consequently, increased material wastage may occur due to purging, frequent downtime and cleaning, and over-dispensing.
  • High maintenance- Modern dispensing equipment enables precise and accurate fluid distribution but requires regular maintenance to ensure smooth operation. Certain dispensing equipment consists of complicated and diminutive components that hinder the process of disassembling, cleaning, and reassembling. The prevalent maintenance challenges are restraining the market growth.

Fluid Dispensing Systems Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

6.1%

Base Year Market Size (2023)

USD 39.8 billion

Forecast Year Market Size (2036)

USD 62.7 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, South Korea, Australia, Rest of Asia-Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Rajrani Baghel


  • Report ID: 6302
  • Published Date: Aug 07, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of the fluid dispensing systems was over USD 39.8 billion.

The market size for fluid dispensing systems is projected to cross USD 62.7 billion by the end of 2036 expanding at a CAGR of 6.1% during the forecast period i.e., between 2024-2036.

The major players in the market are Graco Inc., ITW Dynatec, Henline Adhesive Equipment Corp., Dymax Corp, Valco Melton, Intertronics, Techcon Systems, Fisnar Inc., Musashi Engineering Inc, Henkel AG & Co., and others.

The adhesive & sealants segment is anticipated to garner a share of 40% during 2024-2036.

Asia Pacific fluid dispensing systems sector is poised to hold a 49% share by the end of 2036.
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