Global Pharmaceutical Robots Market Size, Trends, and Growth Opportunity, By Product Type (Traditional Robots, Collaborative Pharmaceutical Robots), By Application (Picking and Packaging, Inspection of Pharmaceutical Drugs, Laboratory Applications), By End User (Pharmaceutical Companies, Research Laboratories), By Region and forecast till 2027.
Global Pharmaceutical Robots Market
Global Pharmaceutical Robots Market was valued at USD 125.27 million in 2021 and is slated to reach USD 230.32 million by 2027 at a CAGR of 8.3% from 2022-2027.
Pharmaceutical robots are artificial intelligence robots utilized in a wide variety of applications. Pharmaceutical robots provide a high level of automation and reduce reliance on human or manual labor, using less time and requiring less human effort. This means that pharmaceutical robots offer more precision and automation.
Market Driver
Partnerships between pharmaceutical robot industry companies are rising, which helps the market grow. For example, Multiply Laboratories, a robotics company, has collaborated with Thermo Fisher Scientific and Charles River Pharmaceuticals to automate cell therapy manufacturing. Multiply Labs has acquired two more pieces of industry-leading technology to automate manual portions of the cell therapy production process. As a result, this element contributes to market expansion. Robotics is becoming increasingly important in pharmaceutical manufacturing as automation becomes more important. For example, Gilead Sciences, a Fortune 500 business, demonstrated the global pharmaceutical industry's tremendous growth potential with a 5-year revenue growth rate of 28.8%. This is expected to increase the demand for pharmaceutical robots to automate processes and alleviate work pressure caused by such large enterprises, boosting the market growth.
Traditional robots are chosen above other robots, which are widely utilized in various industries. Several advantages of using these products in a variety of industrial automation applications, such as loading and unloading, packaging, picking and placing material handling, palletizing and depalletizing, product placement, stacking, storing and retrieving, cutting, sorting, process-to-process transferring, scribing, and precision spot welding, are positively influencing the market growth. Laboratory automation with robotic equipment decreases the possibility of human contamination while also increasing market growth. For example, YASKAWA Europe GmbH's MYS850L employs laboratory automation. Vial handling is another laboratory use. Robots can handle up to ten vials at once. As a result, pharmaceutical robots employed in laboratories aid in improving the efficacy and quality of products through high throughput examination. As a result, this aspect increases market growth.
Market Restraints
Pharmaceutical robots are controlled by computer programs that can malfunction at any time without warning. Updating software upgrades and connecting the equipment to the pharmacy's record management system can be time-consuming and must be done correctly to avoid future mistakes. As a result, this aspect impedes market expansion.
Impact of COVID-19
As a result of the lockdown during COVID-19 severely impacting the logistics industry, it is also projected that factories may be left without raw material deliveries. All of this has had a detrimental effect on the industry and slowed the market for pharmaceutical robots due to a lack of manufacture and
supply. The COVID-19 pandemic, on the other hand, is promoting the use of pharmaceutical robots to cut labor costs, boost in-house manufacturing through automation rather than outsourcing, and get around staffing shortages to lower supply chain risks after the COVID-19 pandemic. The current COVID-19 epidemic has raised awareness about the advantages of automation in the pharmaceutical industry for sustaining and boosting production without compromising quality or safety significantly. In turn, this is promoting market expansion.
Recent Development
In 2021, ABB introduced two new robots to its lineup in response to the growing need for automated manufacturing. By the end of 2020, the business's sales of robots in China are rumored to have increased by around 90%. To meet the demand in the pharmaceutical industry, the company will also deploy cobots.
Market Segmentation
Global Pharmaceutical Robots Market is segmented into Product Type, Application, and End-User. By Product Types such as Traditional Robots, Articulated robots, SCARA robots, Delta/parallel robots, Dual-arm robots, Cartesian robots, other robots, and Collaborative Pharmaceutical Robots. By Applications such as Picking and Packaging, Inspection of Pharmaceutical Drugs, and Laboratory Applications. By End-User such as Pharmaceutical Companies, Research Laboratories.
Regional analysis
The global Pharmaceutical Robots Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. North America dominates the pharmaceutical robots market because of the high presence of numerous local pharmaceutical firms in countries such as Japan, as well as the large local presence of prominent pharmaceutical companies within the area. North America has a high penetration of pharmaceutical robots, and this figure is
Global Pharmaceutical Robots Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Pharmaceutical Robots Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Pharmaceutical Robots Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Pharmaceutical Robots Market Share Analysis, By Product Type
5.3 Global Pharmaceutical Robots Market Size and Forecast, By Product Type
5.3.1 Traditional Robots
5.3.2 Articulated robots
5.3.3 SCARA robots
5.3.4 Delta/parallel robots
5.3.5 Dual-arm robots
5.3.6 Cartesian robots
5.3.7 Other robots
5.3.8 Collaborative Pharmaceutical Robots
6 Global Pharmaceutical Robots Market, By End User
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global Pharmaceutical Robots Market Share Analysis, By End User
6.3 Global Pharmaceutical Robots Market Size and Forecast, By End User
6.3.1 Pharmaceutical Companies
6.3.2 Research Laboratories
7 Global Pharmaceutical Robots Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Pharmaceutical Robots Market Share Analysis, By Application
7.3 Global Pharmaceutical Robots Market Size and Forecast, By Application
7.3.1 Picking and Packaging
7.3.2 Inspection of Pharmaceutical Drugs
7.3.3 Laboratory Applications
8 Global Pharmaceutical Robots Market, By Region
8.1 Global Pharmaceutical Robots Market Share Analysis, By Region
8.2 Global Pharmaceutical Robots Market Share Analysis, By Region
8.3 Global Pharmaceutical Robots Market Size and Forecast, By Region
9 North America Pharmaceutical Robots Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Pharmaceutical Robots Market Share Analysis, By Product Type
9.3 North America Pharmaceutical Robots Market Size and Forecast, By End User
9.4 North America Pharmaceutical Robots Market Size and Forecast, By Application
9.5 North America Pharmaceutical Robots Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Pharmaceutical Robots Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Pharmaceutical Robots Market Share Analysis, By Product Type
10.3 Europe Pharmaceutical Robots Market Size and Forecast, By End User
10.4 Europe Pharmaceutical Robots Market Size and Forecast, By Application
10.5 Europe Pharmaceutical Robots Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11 Asia Pacific Pharmaceutical Robots Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Pharmaceutical Robots Market Share Analysis, By Product Type
11.3 Asia Pacific Pharmaceutical Robots Market Size and Forecast, By End User
11.4 Asia Pacific Pharmaceutical Robots Market Size and Forecast, By Application
11.5 Asia Pacific Pharmaceutical Robots Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Pharmaceutical Robots Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Pharmaceutical Robots Market Share Analysis, By Product Type
12.3 Latin America Pharmaceutical Robots Market Size and Forecast, By Route of Application
12.4 Latin America Pharmaceutical Robots Market Size and Forecast, By Application
12.5 Latin America Pharmaceutical Robots Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Pharmaceutical Robots Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Pharmaceutical Robots Market Share Analysis, By Product Type
13.3 Middle East Pharmaceutical Robots Market Size and Forecast, By End User
13.4 Middle East Pharmaceutical Robots Market Size and Forecast, By Application
13.5 Middle East Pharmaceutical Robots Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Kawasaki Heavy Industries Ltd. (Japan)
15.1.1 Overview
15.1.2 Products
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 FANUC Corporation (Japan)
15.2.1 Overview
15.2.2 Products
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 KUKA AG (Germany)
15.3.1 Overview
15.3.2 Products
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Mitsubishi Electric Corporation (Japan)
15.4.1 Overview
15.4.2 Products
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 ABB (Switzerland)
15.5.1 Overview
15.5.2 Products
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 DENSO CORPORATION (Japan)
15.6.1 Overview
15.6.2 Products
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Seiko Epson Corporation (Japan)
15.7.1 Overview
15.7.2 Products
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Marchesini Group S.p.A (Italy)
15.8.1 Overview
15.8.2 Products
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Universal Robots A/S (Denmark)
15.9.1 Overview
15.9.2 Products
15.9.3 Key Financials
