Pharmaceutical Robots Market Forecast 2018- 2026: Kawasaki Heavy Industries,
The global pharmaceutical robots market is anticipated to reach 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.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
FANUCA America Corporation
Kawasaki Heavy Industries Ltd.
Denso Wave Inc.
Yaskawa Electric Corporation
Universal Robot A/S
Seiko Epson Corporation
Marchesini Group S.P.A.
Mitsubishi Electric Corporation among others.
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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