Pharmaceutical Robots Market, [By Product Type (Traditional Robot (Articulated Robot, SCARA Robot, Delta/Parallel Robot, Cartesian Robot, Dual-Arm Robot), Collaborative Robot); By Application (Picking and Packaging, Laboratory Applications, Inspection of Pharmaceutical Drugs); By End Use (Biopharmaceutical Companies, Research Laboratories); By Regions]: Market Size & Forecast, 2018 – 2025
New York, NY -- (SBWIRE) -- 10/19/2018 -- The global pharmaceutical robots market is anticipated to reach US$ 452.7 million by 2025 and estimated to reach CAGR of 13.9% during the forecast period.
Automation in pharmaceutical industry includes automated inspection and packaging, which is one of the most important part of pharmaceutical manufacturing industry. The robotic systems contain various types that include multiple axes of motion and can be programmed to perform a particular function. Robot are providing advantageous functions such as filling, packaging, and assisting in manufacturing of personalized medicines. These automatic robots enable organization with benefits such as efficiency, reducing training overheads, saving workers from hazardous environment, elimination of human errors and potential human contamination along with increased reliability.
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Growth in global pharmaceutical robots market is primarily driven by the expanding pharmaceutical industry, and rising need for automation in this industry. Also, increasing acceptance of laboratory automation robot and benefits associated with enabling reduction in human interventions and errors is expected to boost the pharmaceutical robot adoption. Additionally, growing demand for drug manufacturing, and increasing technological advancements in the robotic machines positively influence growth in pharmaceutical robot market. Similarly, the adoption of pharmaceutical robots facilitates cost reduction in human labour, that directly led to minimization of production cost.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Pharmaceutical Robots Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. Asia Pacific pharmaceutical robots market is expected to grow at a faster rate due to the factors such as increasing company expenditure for the adoption of various processes in pharma manufacturing industry.
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Competitive Landscape and Key Vendors
The leading companies profiled in the Pharmaceutical Robots Market report include FANUCA America Corporation, Kawasaki Heavy Industries Ltd., Denso Wave Inc., ABB Ltd., Yaskawa Electric Corporation, Universal Robot A/S, Seiko Epson Corporation, Marchesini Group S.P.A., Kuka AG, and Mitsubishi Electric Corporation among others.
Key Segments
Product Type
- Traditional Robot
Articulated Robot
SCARA Robot
Delta/Parallel Robot
Cartesian Robot
Dual-Arm Robot
- Collaborative Robot)
Application
- Picking and Packaging
- Laboratory Applications
- Inspection of Pharmaceutical Drugs
End Use
- Biopharmaceutical Companies
- Research Laboratories
Region
- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o UK
o France
o Italy
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
- Latin America
o Brazil
o Rest of Latin America
- Middle East and Africa
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