Press release
Pharmaceutical Robots Industry Reaching at a CAGR of +13.45% by 2026 - Top Leaders FANUC CORPORATION, KUKA AG, Mitsubishi Electric Corporation, ABB, DENSO CORPORATION
"Global Pharmaceutical Robots Market - Industry Trends - Forecast to 2026"
Global Pharmaceutical Robots Market By Type (Traditional Robots, Collaborative Pharmaceutical Robots), Applications (Picking and Packaging, Inspection of Pharmaceutical Drugs, Laboratory Applications), End- User (Pharmaceutical companies, Research laboratories), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends & Forecast to 2026
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Global Pharmaceutical Robots Market is expected to rise from its initial estimated value of USD 82.85 million to an estimated value of USD 227.36 million by 2026, registering a CAGR of 13.45% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing demand of robots for increased packaging efficiency
Key Market Competitors: Global Pharmaceutical Robots Market
Few of the major competitors currently working in the pharmaceutical robots market are
Kawasaki Heavy Industries, Ltd, FANUC CORPORATION, KUKA AG, Mitsubishi Electric Corporation, ABB, DENSO CORPORATION, Seiko Epson Corporation, Marchesini Group S.p.A., Universal Robots, YASKAWA ELECTRIC CORPORATION., SHIBUYA CORPORATION, Krones AG, Remtec Automation, LLC and Robert Bosch GmbH.
Market Definition:
Automated machines are widely used in pharmaceutical industry so that work can be done faster and quicker. These machines provide accurate and precise results with zero rates of error. Pharmaceutical robots are very useful in packaging and transferring of materials like diagnostics kits and essays. These machines also assist the drug manufacturer in research activities related to drug discovery, development and inspection.
Market Drivers:
o Increasing demand for personalized packaging among consumer is driving market
o Rising awareness of robotic system in pharmaceutical industry.
Market Restraints:
o Increasing investment cost is restraining market.
o Lack of skilled and trained professional is another major factor restraining the growth.
Segmentation:
o By Type
o Traditional Robots
o Articulated Robots
o SCARA Robots
o Delta/Parallel Robots
o Cartesian Robots
o Other Robots
o Collaborative Pharmaceutical Robots
o By Applications
o Picking and Packaging
o Inspection of Pharmaceutical Drugs
o Laboratory Applications
o By End- User
o Pharmaceutical companies
o Research laboratories
o By Geography
o North America
o US.
o Canada
o Mexico
o South America
o Brazil
o Argentina
o Rest of South America
o Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
o Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
o Middle East & Africa
o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East & Africa
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Key Developments in the Market:
o In January 2017, UAE announced the launch of their first robot pharmacy that will prescribe the medication just in click of the button. It can dispense up to 12 prescriptions in less than a minute and it will be paper free process as the robot will save automatically as soon as doctor documents it automatically.
o In October 2018, OMRON Corp. has announced the launch of TM series collaborative robot family in 40 countries to provide them moderate working environment. . This machine will have some common solutions like picking, packing, and screw driving. OMRON will also release a "mobile-compatible" model which can convert into LD series autonomous mobile robots.
Competitive Analysis:
Global pharmaceutical robots market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pharmaceutical robots market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report:
o Current and future of global pharmaceutical robots market outlook in the developed and emerging markets
o The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
o Regions/Countries that are expected to witness the fastest growth rates during the forecast period
o The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
o All segmentation provided above in this report is represented at country level
o All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Table of Content: Global Pharmaceutical Robots Market
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Pharmaceutical Robots Market Landscape
Part 04: Global Pharmaceutical Robots Market Sizing
Part 05: Global Pharmaceutical Robots Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
And More.....Get Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-pharmaceutical-robots-market
Contact:
Data Bridge Market Research
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UK: +44 208 089 1725
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Email: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research
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