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Pharmaceutical Robots Market To See Robust Growth by 2025 – Global Analysis, Share, Trends, Size, & Forecast

February 4th, 2021 Wise Guy Research Consultants Pvt. Ltd. Releases

REPORT HIGHLIGHT

The pharmaceutical robots market is estimated to represent a global market of USD 147.3 million by 2017 with growth rate of 15.3%.

Key Players

Fanuc Corporation

Kawasaki Heavy Industries Ltd.

Kuka AG, ABB Ltd.

Yaskawa Electric Corporation

Mitsubishi

Denso Wave Incorporated

Universal Robots

Request Free Sample Report at https://www.wiseguyreports.com/sample-request/5743963-pharmaceutical-robots-market-by-products-scara-articulated-traditional

Market Dynamics

Automation has become an important part of pharmaceutical manufacturing. Automation in packaging and inspections offers benefits such as improve efficiency, reduce training overhead, eliminate human error and increase reproducibility. Pharmaceutical companies are gradually injecting more robotic systems into their operations due to its associated advantages. For instance, use of robotic systems can speed up high throughput screening (HTS) where millions of molecular compounds are tested to determine which could become new drugs. According to the Association for Packaging and Processing Technologies (PMMI), robotic technologies are projected to handle over 35% of pharmaceutical packaging operations in the U.S. by 2018, compared to 20% in 2013.

Therefore, companies are actively investing in robotic systems to automate the operations. For example, recently, in June 2017, Merck expanded its packaging capacity at Swiss biotech manufacturing site of Aubonne. This facility is equipped with fully automated and robotized logistic to support the growth of biotech medicine portfolio. Likewise, in November 2014, Argos Therapeutics partnered with Invetech to develop automated manufacturing systems for personalized immunotherapy. This system is based on Argos’ proprietary Arcelis technology platform and uses two & five-axis robotic arms in the production of the mRNA. Such facts are portraying the strong demand for these products in the medical industry. However, lack of expertise and high initial cost will hamper the industry growth to some extent.

Product Takeaway

Product wise, the market is segmented into SCARA, Articulated, Traditional, Cartesian, Dual-arm, and Collaborative Pharmaceutical Robots. Cartesian robots accounted for over 15% share of the global market and are projected to grow with 14.3% CAGR over the study period. Growing demand for Cartesian robots is majorly attributed to its low cost, although its restricted range of motions will limit product usage. On the flip side, collaborative robots will see greater adoption by pharmaceutical manufacturers as they are more capable in tough manufacturing settings.

Application Takeaway

Depending upon applications, the market is classified as Picking and Packaging, Laboratory Applications and Inspection of Pharmaceutical Drugs. The end-use industry is segmented into Research Laboratories and Pharmaceutical Companies. Research laboratories captured 32.1% share of the global market. Some of the work assisted by pharmaceutical robots in research lab includes assay analysis and automatic movement of test tubes.

Key Vendor Takeaway

Companies namely Fanuc Corporation, Kawasaki Heavy Industries Ltd., Kuka AG, ABB Ltd., Yaskawa Electric Corporation, Mitsubishi, Denso Wave Incorporated, and Universal Robots are operating in this industry. Strategic acquisitions have become an important business strategy for key players looking to expand their presence in this market. For instance, in January 2017, Zimmer Biomet, an orthopedic device acquired surgical robotic company named Medtech SA. This acquisition has added Medtech’s FDA approved Rosa surgical robot to the Zimmer’s product portfolio.

View Detailed Report: https://www.wiseguyreports.com/reports/5743963-pharmaceutical-robots-market-by-products-scara-articulated-traditional

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCTS

SCARA

Articulated

Traditional

Cartesian

Dual-arm

Collaborative

MARKET, BY APPLICATION

Picking and Packaging

Laboratory Applications

Pharmaceutical Drugs

MARKET, BY REGION

North America

U.S.

Canada

Europe

Germany

France

Rest of Europe

Asia Pacific

India

China

Rest of APAC

Rest of the World

Middle East and Africa

Latin America

For Any Query: https://www.wiseguyreports.com/enquiry/5743963-pharmaceutical-robots-market-by-products-scara-articulated-traditional

Table of Content

  1. PHARMACEUTICAL ROBOTS MARKET OVERVIEW
  2. EXECUTIVE SUMMARY
  3. PHARMACEUTICAL ROBOTS KEY MARKET TRENDS
  4. PHARMACEUTICAL ROBOTS INDUSTRY STUDY
  5. PHARMACEUTICAL ROBOTS MARKET LANDSCAPE
  6. PHARMACEUTICAL ROBOTS MARKET – BY PRODUCTS
  7. PHARMACEUTICAL ROBOTS MARKET – BY APPLICATION
  8. PHARMACEUTICAL ROBOTS MARKET– BY GEOGRAPHY
  9. KEY VENDOR ANALYSIS
  10. 360 DEGREE ANALYSTVIEW

 

About Us:

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

 

Contact Us:

sales@wiseguyreports.com       

Ph: +162 825 80070 (US)

Ph: +44 203 500 2763 (UK)

 

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