According to a recent report by Fact.MR, the powder dispensing system market is expected to continue its bullish run in the foreseeable future with sales estimated to surpass 62,500 units in 2019. The healthy growth of the market is a consequence of multipronged factors such as intensifying research and development for new drugs in the pharmaceutical industries and widespread adoption of the systems in additive manufacturing.
Demand for powder dispensing systems in pharmaceuticals is expected to burgeon as intensifying competition in the market is prompting companies to enhance their active pharmaceutical ingredients (API). Reworking active pharmaceutical ingredients require heavy investments, making identification of viable candidates crucial in the early stages. However, a key barrier which stifles the progress of the procedure is the sensitivity of these chemicals to physiochemical effects. Additional control measures are required to be taken in order to shield these chemicals from physiochemical effects which, in turn, disturb the timeline of drug development. Powder dispensing systems provide a way to streamline the process by allowing pharmaceutical companies to use micro-dosing encapsulation techniques for manufacturing of API-in-capsule drugs.
After reading the powder dispensing systems market report, readers get insight into:
- Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
- New, promising avenues in key regions
- New revenue streams for all players in emerging markets
- Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
- Demand and uptake patterns in key industries of the powder dispensing systems market
- New research and development projects in new technologies in key regional markets
- Changing revenue share and size of key product segments during the forecast period
- Technologies and business models with disruptive potential
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The powder dispensing systems market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico)
- Europe (Germany, France)
- APEJ (Australia and New Zealand)
Evolution of Laser-based Powder Bed Fusion Procedure to Uphold Market Proliferation
Additive manufacturing techniques are gradually gaining traction across an assortment of industries owing to their cost-effectiveness, sustainability, and simplicity. Laser-based powder bed fusion procedure is an important part of additive manufacturing which employs the use of powder dispensers for the production of complex metal components in a cost-effective manner. The technique is gaining widespread adoption as industries seek to reduce time and costs of production to gain a competitive edge in the market. Additionally, intensifying researches towards overcoming the drawbacks of the current system are expected to propel its adoption even further in the foreseeable future. Studies researching the use of different metal alloys and other materials for use in laser-based powder bed fusion additive manufacturing are further expected to boost sales. Fact.MR opines the pervasive trend will drive the demand for powder dispensing systems in laser-based powder bed fusion additive manufacturing with the market poised to register sales of more than 35000 bulk dispensing units in 2019.
The evaluation of the competitive landscape in the powder dispensing systems market covers the profile of the following top players:
- Mettler Toledo
- Ferry Industries, Inc.
- 3P Innovation Ltd.
- Matrix Containment Technologies
- APoDiS Technologies
- ETB Van Meurs B.V.
- PCT Americas
- FTA, Inc.
- Sopac Médical S.A.
- Anmol Scientific
- BioDot, Inc.
- Autodose SA
- Coperion GmbH
To expand the understanding of opportunities in the global powder dispensing systems market report looks at close quarters into the opportunities and new avenues in following key segments:
- Up to 100 mg
- 100 mg – 1 g
- 1g – 100 g
- More than 100 g
Industrial Internet of Things to Aid in Development of Sophisticated Equipment
The evolving industrial internet of things (IIoT) is likely to aid in powder dispensing systems market proliferation with manufacturers gradually leveraging the advanced technology to streamline production and design of powder dispensing systems. Artificial intelligence and machine learning are allowing manufacturers to design virtual prototypes and define simulation environments to effectively test the efficacy of the systems under different circumstances. Powder dispensing system manufacturers are leveraging these technologies along with analytics and internet of things to identify faults in the existing system and predict operation failures. Continuous advancements in the technology are expected to benefit the powder dispensing systems market.
In addition to understanding the demand patterns of various end users, the report on the powder dispensing systems market also enumerates trends expected to attract investments by other various associated industries.
On the basis of product types, the powder dispensing systems market report offers insight into major adoption trends for the following segments:
- Semi-Automatic Dispensing Systems
- Automatic Dispensing Systems
The global powder dispensing systems market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
Imposition of Stringent Production Regulations on Pharmaceutical Industries to Hamper Market Growth
Administrations around the world are working towards streamlining the current regulations in pharmaceutical production to ensure the quality and safety of medications. Consequently, precision and micro dosage techniques are gaining priority requiring powdered dispensing systems manufacturers to recalibrate the designs of the systems to comply with the regulations. However, the higher costs of production of these sophisticated powder dispensing systems are expected to stifle market growth with pharmaceutical companies under increasing pressure to maintain quality and affordable pricing of their products amidst intensifying competition.
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Some important questions that the powder dispensing systems market report tries to answer exhaustively are:
- Key strategic moves by various players in the powder dispensing systems market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares.
- Which strategies will enable top players in the powder dispensing systems market to expand their geographic footprints?
- Which new business models are expected to change the course of growth of key regional markets in near future?
- Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants?
- Which products segments have in recent years have seen new, lucrative application areas?