Asia Pacific Pharmaceutical Robots Market Overview and Growth by 2028

The Asia Pacific pharmaceutical robots market is expected to grow from US$ 67.59 million in 2021 to US$ 166.81 million by 2028; it is estimated to grow at a CAGR of 13.8% from 2021 to 2028.

In recent years, there have been considerable developments in the field of robotics. Robotics offers automation in various pharmaceutical manufacturing processes, such as filling, packaging, and inspection. A few benefits of automation in pharmaceutical manufacturing are improving efficiency in manufacturing, decreasing labor cost, reducing time used for training labors, protecting employees from a hazardous environment, and eliminating the chances of human errors and human contamination. Selective Compliance Assembly Robot Arm (SCARA) robots are used for common pick and place operations. Delta robots are also preferred for high-speed picking and packaging. Parallel robots are used for dispensing, kit assembly, sorting, and light machine tending applications. The pharmaceutical industry has realized the potential of robots for diverse applications in the manufacturing process. Pharmaceutical company benefits from robotic process automation (RPA) because it assists management in formulating strategies in real-time based on consumption trends and other regulatory changes. Moreover, another Indian startup, SensoVision offers inspection process automation options in pharmaceutical manufacturing. With the support of cameras on the production line, QualViz processes the information through deep learning and computer vision. As a result, this approach assures that the color, size, and form of each pill on the production line are checked. Thus, the use of robots in the pharmaceutical industry helps improve the overall product quality and speeds up the entire process of production, which enables the industry to meet the ever-growing demand for new drugs. Hence, the benefits offered by robots in the pharmaceutical industry drive the growth of the Asia Pacific pharmaceutical robots market

Countries in the Asia Pacific are facing challenges due to increasing incidences of COVID-19 in the second wave of the pandemic. The pharmaceutical robots offer plentiful benefits to the patients and pharmacies and the key members of the healthcare team. Automated systems also have inordinate cost-effective and safety benefits, and they rationalize the pharmacy types by improving data workflow. Moreover, according to report published in August 2020, Indian pharma needs to expedite its adoption of digitization and automation in manufacturing and supply chain management. In this regard, the sector is working on the areas of Internet of Things and Artificial Intelligence to embed these technologies into machine and manufacturing technology to be on par with the Asia Pacific norms. Thus, a rising infection rate has boosted the demand for medications. This increasing infection count has shown a positive impact on the demand for pharmaceutical robots. Therefore, the healthcare facilities and pharmacies are preferring these robots that have boosted their demand.

With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific pharmaceutical robots market. Robotics has been adopted extensively in a wide range of industries, such as automotive, atomic energy, defense, space, metals, textiles, and manufacturing. Country such as Japan have adopted robots to clean rooms, manufacturing, and filling. Robotics has opened many avenues and is revolutionizing the industrial scenario. It has the potential to bring superior results as computer systems have brought in all the sectors. However, many emerging economies such as India, Thailand, Indonesia, and the Philippines are starting to adopt robotics and automation. India is rapidly adopting new-age technologies, such as artificial intelligence and robotics. According to the report published by the International Federation of Robotics Research, robot sales in India are increased by 27% to a new peak of 2,627 units, like Thailand. Furthermore, Indonesia lags in robotic technology. However, in recent years, there have been significant improvements compared to several years ago. There is an increase in the number of people who are interested, especially due to robotic competitions frequently held among universities.
 

Asia Pacific Pharmaceutical Robots Market Segmentation

• Asia Pacific Pharmaceutical Robots Market – By Product
  • Collaborative Pharmaceutical Robots
  • Traditional Robots
• Asia Pacific Pharmaceutical Robots Market – By Application
  • Inspection of Pharmaceutical Drugs
  • Laboratory Applications
  • Picking and Packaging
• Asia Pacific Pharmaceutical Robots Market – By End User
  • Pharmaceutical Companies
  • Research Laboratories
  • Contract Research Organizations
• Asia Pacific Pharmaceutical Robots Market – By Country
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Asia Pacific Pharmaceutical Robots Report Scope