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: Richa Gupta
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