Global Pharmaceutical Robots Market Share Will Surpass USD 6,894.1 Million by 2026 : Polaris Market Research

The pharmaceutical robots market is expected to grow at a phenomenal rate owing to an expanding pharmaceutical industry and increasing benefits of automation. Advancements in technological sphere and reduction in production overheads because of automation has witnessed growth at a fast pace.

Robots defy human motions and complete tasks of unimagined magnitudes. They perform tasks in proximity to hazardous environment such as radioactive waste and lethal chemotherapy compounds.

The global Pharmaceutical Robots Market size was valued at USD 4,747.8 Million in 2018 and is anticipated to reach USD 6,894.1 Million by 2026

Machines are utilized in various modes including drug discovery and medical device manufacturing. Robots are lending themselves for even more scientific research which is upcoming trend nowadays. Laboratory automation is the driving segment in this industry.  Pharmaceutical robots aid in picking, placing and packaging kits and assays from one point to another. The Robots carry this responsibility owing to which scientists can focus on more important tasks. Use of robots reduces labour drastically that directly reduces the burden on production estimates.

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What Does the Report Include?

  • Status of the Pharmaceutical Robots Market in world view.
  • Top companies operating in the market.
  • Import-Export policies regarding the products/services in the Pharmaceutical Robots Market.
  • Research and development activities.
  • Major research agenda in industry segments.
  • Segmentation according to application, type, and geography.
  • Comparative study of the domestic and international prices of the products and services and related price fluctuations.
  • Worldwide Pharmaceutical Robots Market’s driving forces and roadblocks

Robots are categorized into traditional and collaborative robots.  Traditional ones seek maximum revenue and are driving growth in the field of automation. But collaborative is expected to reach maximum growth in forecast period due to less maintenance requirements as compared to traditional. The traditional are further segmented into articulated, SCARA (selective compliance articulated robot arm), delta/parallel, cartesian, and others (spherical and dual-arm).

The various benefits in study is the exceedingly high speed, track and trace algorithm and optimization of floor area. For instance, various robots manufactured by Denso are used for pick and place. They also are used in l segment more so for discovery of novel drugs and their development leading to expansion. Machines are used in applications such as customization of drugs and clinical trials that befit market growth. SCARA is expected to drive market in forecast period owing to reasonable prices in comparison with other machines.

Inspection of market segment will face an improvement in growth owing to government involvement and strict policies in drug approvals. The inspection robots are used in colour checking, cracks on tablets, shape recognition, counting of tablets and inspecting for spills in packaging drugs segment.

End-user segment comprises biopharmaceutical companies and research laboratories. Biopharmaceutical companies led target growth due to increasing knowledge in manufacturing of medicines and continuing clinical trials.

The key players operating in the industry include Fannuca America Corporation, Kawasaki Heavy Industries Ltd., Denso Wave Inc., ABB Ltd., Yasakava Electric Corporation, Universal Robots A/S, Seiko Epson Corporation, Marchesini Group S.P.A, Kuka AG and Mitsubishi Electric Corporation.   

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Polaris Market research has segmented the Pharmaceutical Robots market on the basis of product type, application, end-use and region.   

Product Type outlook (Revenue USD Millions)

  • Traditional
  • Articulated
  • SCARA
  • Delta/Parallel
  • Cartesian
  • Dual Arm
  • Collaborative

Application Outlook (Revenue USD Millions)

  • Picking and Packaging
  • Laboratory Applications
  • Inspection of pharmaceutical drugs
  • End-Use Outlook (Revenue USD Millions)
  • Biopharmaceutical Companies
  • Research laboratories

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Key Offerings:

  • Market Size & Forecast by Revenue
  • Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
  • Market Segmentation – A detailed analysis by Component, by Type, by Deployment Mode, by Vertical, and by Geography
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Moreover, the research reviewer has also explained the impact of the Covid-19 outbreak on the global Pharmaceutical Robots Market and related factors including supply chain analysis, effect estimations on target market size growth rates in various scenarios, and the steps that major firms would take in reaction to the epidemic. The report then focuses on regional and application markets along with existing and future trends. The historical evaluation given in this report supports demand growth at the global, national, and regional levels. Web communities, online forums, surveys, and interviews are utilized to acquire data for the market study report.

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