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Pharmaceutical Robots Market Revenue to Cross US$ 344.4 million by 2027 : Premium Market Insights

09-30-2024 01:06 PM CET | Health & Medicine

Press release from: Premium Market Insights

Pharmaceutical Robots Market to 2027 - Global Analysis and Forecasts by Product (Collaborative Pharmaceutical Robots, Traditional Robots), By Application (Inspection of Pharmaceutical Drugs, Laboratory Applications, Picking and Packaging), By End User (Pharmaceutical Companies, Research Laboratories) and Geography The global pharmaceutical robots market is expected to reach US$ 344.4 Mn in 2027 from US$ 110.8 in 2018. The market is estimated to grow with a CAGR of 13.6% from 2019-2027.

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Competitive Landscape: Pharmaceutical Robots Market:
The key factors that are driving the growth of the significant benefits offered by robots in pharmaceutical manufacturing, growing awareness of robotic systems in the manufacturing process, increasing investments in pharmaceutical research and development are boosting the market over the years. In addition, the growth opportunities in emerging nations are likely to have a positive impact on the growth of the market in the coming years.There are several conferences, workshops, and exhibitions being held across the globe in order to increase the awareness of robotic systems. For instance, 5th World Congress on Automation and Robotics was held in April 2018, at Las Vegas, USA. The conference aimed at growing awareness and share the knowledge of advanced technology amongst the professionals, industrialists, and students from the research area of Automation & Robotics. Furthermore, Pittcon 2018 was held in February 2018 at Orlando, Florida. The conference focused on the latest developments in technology, assisting analysis and automation in pharmaceutical research. For instance, GlaxoSmithKline, who has collaborated with other pharmaceutical companies to assess the robotic platforms for precise, automated dispensing of solids and AstraZeneca has who have worked on combined efforts to improve the measurement and prediction of API solubility. Thus the growing conferences, workshops, and exhibitions for pharmaceutical robots drive the market growth during the forecast period.

ABB
Kawasaki Heavy Industries, Ltd.
YASKAWA ELECTRIC CORPORATION
Universal Robots
Marchesini Group S.p.A.
DENSO CORPORATION
FANUC CORPORATION
Epson India Pvt Ltd.
SHIBUYA CORPORATION
TRANSCRIPTIC INC.
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Chapter Details of Pharmaceutical Robots Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Pharmaceutical Robots Market Landscape
Part 04: Pharmaceutical Robots Market Sizing
Part 05: 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

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