Pharmaceutical Robots Market 2021 Growth Analysis, Size, And Forecast 2028

For many reasons, the use of robotics in pharmaceuticals has been lagging other industries. Second, there is not just the high initial cost of buying and operating robotics, but there is also an array of misperceptions in the market that robotic devices are too difficult to use and require complicated programming. Present systems have significantly improved the capacity and versatility of robots, and analysts are now forecasting that their ability to minimize costs and improve total productivity will soon be pivotal for pharmaceutical firms.

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Inevitably, in the future, robotics will conduct certain pharmaceutical roles that are currently performed by humans, while economists claim that automation will ultimately produce more jobs than it substitutes by allowing us flexibility to do new work, erasing once-essential labor-intensive activities. It is saves labor to maximize the supply of money for innovations. Historically, this has been true in all sectors and other technical developments (for example, the automobile and the internet) that have made some occupations obsolete but ultimately produced completely new ways of making a living.

Growth Drivers that Support the Global Pharmaceutical Robots Market:

• The largest share was retained by conventional robotics within this product group. Any of the factors generating sales for this category are increased recognition of these machines and raising use. For various uses, there are distinct types of conventional robotic devices on the market. This includes SCARA, delta, Cartesian, and dual-arm articulated robots.

• Due to its latest & advanced technologies that enable interaction between humans and robots, the collaborative robots segment is expected to rise at the highest CAGR over the forecast period. In comparison, relative to conventional ones, these computers are cheaper and simpler to maintain. They are lightweight and require limited handling skills.

• Based on the application, the majority of market revenue was generated by picking & packing, mainly due to the high demand for customized packaging. Fast speed, effective track & trace and optimal floor space usage are the main advantages provided by robotic machines in the field of pharmaceuticals.

• A significant factor limiting the development of the industry is the shortage of professional workers. Industrial Robotics is a multidisciplinary field where it is a big challenge to recruit and attract professional staff. There is a lack of individuals specialized in electrical, embedded, electronics, and mechanical engineering fields that make up industrial robotics. Highly skilled workers with unique educational backgrounds and skills are also deficient, especially those necessary to manufacture high-value-added robotics integrated with advanced technologies.

• Asia Pacific has dominated the market due to the presence in countries such as Japan of a vast number of local pharmaceutical firms. Furthermore, China is the main market for industrial robots, as per the International Federation of Robotics (IFR). Therefore, it is predicted that the local presence of leading pharmaceutical firms with large production units in these countries will stimulate the growth of this field.

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Companies are Keen to expand their Foot Print in the Global Market

• Kawasaki opened a showroom at the Tokyo Robot Center in Odaiba, Tokyo, Japan in 2016. The new facility provides knowledge related to robotics.

• In 2016, Yaskawa unveiled a six-axis vertical articulated robot, the MOTOMAN-MH5BM. For sterile or hygienic environments such as the biomedical sector, which involves drug discovery testing, the pharmaceutical and medical industries, as well as the beverage industry, the robot is suitable.

Major companies functioning in the global Pharmaceutical Robots market are FANUC Corporation, Kawasaki Heavy Industries Ltd., KUKA AG, ABB Ltd., Mitsubishi Electric Corporation, Denso Corporation, Marchesini Group S.p.A, Seiko Epson Corporation, Yaskawa Electric Corporation, Universal Robots A/S.

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Market Segmentation:

By Type:
• Traditional Robots

o Articulated Robots
o SCARA Robots
o Delta Robots
o Cartesian Robots
• Collaborative Robots

By Application:
• Picking and Packaging
• Laboratory Applications

By Region:
• North America
o North America, by Country
 US
 Canada
 Mexico
o North America, by Type
o North America, by Applicatiom
• Western Europe
o Western Europe, by Country
 Germany
 UK
 France
 Italy
 Spain
 The Netherlands
 Rest of Western Europe
o Western Europe, by Type
o Western Europe, by Application
• Asia Pacific
o Asia Pacific, by Country
 China
 India
 Japan
 South Korea
 Australia
 Indonesia
 Rest of Asia Pacific
o Asia Pacific, by Type
o Asia Pacific, by Application
• Eastern Europe
o Eastern Europe, by Country
 Russia
 Turkey
 Rest of Eastern Europe
o Eastern Europe, by Type
o Eastern Europe, by Application
• Middle East
o Middle East, by Country
 UAE
 Saudi Arabia
 Qatar
 Iran
 Rest of Middle East
o Middle East, by Type
o Middle East, by Application
• Rest of the World
o Rest of the World, by Country
 South America
 Africa
o Rest of the World, by Type
o Rest of the World, by Application

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