Pharmaceutical Robots Market is expected to reach US$ 383.91 million by 2028

Published Date: 12 Aug 2021

Report : Pharmaceutical Robots Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Collaborative Pharmaceutical Robots, and Traditional Robots); Application (Inspection of Pharmaceutical Drugs, Laboratory Applications, and Picking and Packaging); End User (Pharmaceutical Companies, and Contract Research Organizations); and Geography

Traditional Robots Held the Largest Share by Product Segment in Pharmaceutical Robots Market During 2021–2028

 

According to our new research study on “Pharmaceutical Robots Market Forecast to 2028 – COVID-19 Impact and Analysis – by Product, Application, and End User” the market is expected to reach US$ 383.91 million by 2028 from US$ 159.23 million in 2021; it is estimated to grow at a CAGR of 13.4% from 2021 to 2028. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth. Factors such as benefits offered by robots in pharmaceutical manufacturing, growing awareness of robotic systems in manufacturing process, increasing investments in pharmaceutical research and development are the key factors driving the market growth. However, high cost of robots and dearth of skilled professional hinders the market growth.

 

Based on product, the pharmaceutical robots market is segmented into traditional robots and collaborative pharmaceutical robots. In 2020, the traditional robots segment held a larger share of the market. The market growth of this segment is attributed to the increase in the use of robots in dispensing, sorting, kit assembly, and light machine-tending as well as in more traditional applications associated with packaging and others.

 

ABB Ltd., Kawasaki Heavy Industries, Ltd., Yaskawa Electric Corporation, Universal Robots A/S, Marchesini Group S.p.A, Denso Corporation, Fanuc Corporation, Espon India Pvt. Ltd., Shibuya Corporation, and Weiss GmbH are among the leading companies operating in the pharmaceutical robots market. These companies are adopting inorganic and organic growth strategies to expand their global footprints and product portfolio to meet the rising demands for the pharmaceutical robots. In March 2021, Yaskawa Electric Corporation launched a new hybrid Yaskawa cobot-MOTOMAN HC10DTF for food and pharmaceutical industries. The MOTOMAN HC10DTF fulfils the stringent hygienic requirements of the food and pharmaceutical industry pursuant to ISO Class 5 or EG-GMP Class A.

 

Pharmaceutical robot Market, by Region, 2021(%)

Pharmaceutical robot Market, by Region, 2021(%)

 

The Report Segments the Pharmaceutical Robots Market as Follows:

 

By Product

  • Collaborative Pharmaceutical Robots
  • Traditional Robots
    • Delta Robots
    • Articulated Robots
    • Cartesian Robots
    • SCARA Robots
    • Others

By Application

  • Inspection of Pharmaceutical Drugs
  • Laboratory Applications
  • Picking and Packaging

 

 By End User

  • Pharmaceutical Companies
  • Research Laboratories
  • Contract Research Organizations

 

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of APAC
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA
  • South and Central America (SCAM)
    • Brazil
    • Argentina
    • Rest of SCAM

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