Press release
Pharmaceutical Robotics and Hospital Robotics Market: Global Industry Analysis and Forecast 2021-2026
The Pharmaceutical Robotics and Hospital Robotics Market report 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.Currently the industry produces billions of medicines each month which undergo a series of inspection, before being packaged and distributed. It adds cost every time a batch of medicine undergoes quality check, capping, labelling and bottle orientation. The introduction of pharmaceutical robots has been adopted by a lot of companies and it is making an overall difference in the manufacturing cost. The report explores the market from demand and supply perspective and segments market into immediate opportunity, near-term and long-term opportunity.
Recently UK based Oxford Biomedica has announced its plan to introduce digital and robotic capabilities in its facility with an estimated budget of $5.1 Million in early 2019. Although it may appear expensive in short term, the benefits are manifold and go a long way to help the manufacturers reduce the manufacturing cost, reduce the waste and increase the production capacity.
Robot types include articulated, Cartesian (i.e. gantry), parallel (delta), and selective compliance assembly robot arm (SCARA). Common applications include “pick and place operations that often use SCARA Robots. In recent years there has been an emerging demand for delta-type of robots for high-speed picking and packaging. One of the Tier 1 pharmaceutical companies Merck is using Fanuc Robots from UK, which is set up on bottling line to place dispenser caps onto bottled allergy medications. With Fanuc’s new technology, the pharmaceutical company can use ten variants of the bottle simultaneously through robot controller. The same process would have doubled the effort and time if processed manually.
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.
Frequently Asked Questions (FAQs)
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