Press release
Pharmaceutical Robotics and Hospital Robotics Market Will Record an Upsurge in Revenue during 2021-2026
The Pharmaceutical Robotics and Hospital Robotics Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players.Pharmaceutical Robotics and Hospital Robotics Market Forecast:
In 2018, the global pharmaceutical market has just crossed US$ 1 Trillion mark. The industry is growing leaps and bounds, but the manufacturers are still looking for options which can bring down the cost of manufacturing and increase profit margins. Stratview Research's reports are compiled using several factors gathered from methods including supply chain analyses, demand estimation, key players etc. These strategies aid in analysing any company's strengths and identifying gaps as well as possibilities in order to create a successful roadmap that leads to higher profitability.
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Regional Analysis:
USA is a major market for pharmaceutical robots and 34-38% of the current medicine manufacturing and processing is conducted using robots. This market is expected to grow steadily at 11-12% CAGR from 2020 to 2025. US based ESS Technologies have adopted robotics for handling plastic syringes and glass pre-filled syringes in pre-process, buffering, inspection and end of line packaging. This has brought down the manufacturing cost due to reduced time for QC (no human touch), higher quality, faster packaging and more output in a sterile environment. The company also uses robotic technology for slow speed applications such as vial-filling, or automatic inspection.
Fanuc Robotics UK is one of the prominent companies in Western Europe which focuses on the pharmaceutical robotic technology. Another prominent example is Invetech, contract manufacturing company, which has partnered with Argos Therapeutics to develop automated manufacturing technology based on Arcelis technology. Robotics has found a wide range of application areas from drug delivery, to manufacturing, packaging and even personalized medicines in both pharmaceutical industry and life sciences market.
Customization:
Stratview Research also provides customization of the reports. Reach out to us at sales@stratviewresearch.com to customize the given report according to your priority/requirement.
How decision makers can benefit from this report?
- The user can estimate regional trends from the output and forecast data up to the given forecast period.
- Identifying the growth strategies behind the expanding companies made easy.
- The report enables the users to assess and identify present and future prospects in markets that are most suited to plan growth strategies.
- This report throws light on all the low-hanging fruits in the market also covers all the key regions and sectors.
- The user can formulate plans on how to sustain and grow in the market and minimize any negative impact on revenues.
Topics Covered in this report:
Below given are a few of the topics which are covered in this report -
1. Executive Summary
2. Pharmaceutical Robotics and Hospital Robotics Market Environment Analysis
3. Competitive Analysis
4. Strategic Growth Opportunities
5. Market Attractiveness
6. Company Profile of Key Players
Source: https://www.stratviewresearch.com/500/pharmaceutical-and-hospital-robotics-market.html
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