Middle East and Africa Pharmaceutical Robots Market Trends and Analysis by 2028

The Middle East and Africa pharmaceutical robots market is expected to grow from US$ 6.99 million in 2021 to US$ 15.31 million by 2028; it is estimated to grow at a CAGR of 11.9% from 2021 to 2028.

Robotics has been adopted extensively in a wide range of industries, such as automotive, atomic energy, defense, space, metals, textiles, and manufacturing. Many countries 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. 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. report by the Center for Global Development (CGD), “Automation and AI: Implications for African Development Prospects?”, stated that numerous jobs are being destroyed and created by the adoption of robots in company processes. For instance, Foxconn replaced 30% of its workforce when it introduced robots.

The COVID-19 has shown substantial effects in Middle East and Africa. The pandemic has increased the demand of pharmaceutical robots. Countries such as UAE, and Saudi Arabia have also registered a significant number of positive patients. These regions are developing in terms of the medical industry. The countries in these regions are highly dependent on medical devices and biopharmaceuticals products. Following COVID-19 and government actions, certain pharmaceutical robot applications, such as in healthcare sectors, are likely to see an increase in demand. The increasing demand of pharmaceutical robot for detection of virus in medical research and diagnostics has been a major factor in the growth of the market in Middle East & Africa region. The region has observed increasing numbers of patients are being admitted to intensive care units (ICU), rising number of medications imposing multiple diagnostic and therapeutic challenges on stressed healthcare systems and leading to rise in medication errors which can be controlled through the adoption of pharmaceutical robots in the scenario. Thus, rising in intensive care units (ICU) admissions during COVID 19 and this is likely to boost the growth of pharmaceutical robot market.

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 Middle East and Africa pharmaceutical robots market. Pharmaceutical and biotechnology companies focus on research and development (R&D) to develop new molecules for various therapeutic applications with the greatest medical and commercial potential. The companies invest large amounts in R&Ds to deliver high-quality and innovative products to the market. The PhRMA member companies have spent ~$1 trillion in the search for and development of new and better medicines and treatments over the past two decades. Drug development and discovery are time-consuming and expensive processes. However, pharmaceutical robots help pharmaceutical companies reduce costs and increase efficiency in the drug discovery process. Many repetitive tasks, such as moving fluids and test tubes, are performed in the R&D of drugs. In such a scenario, robots are used to automate the process as they offer a high level of accuracy and consistency. As a result, scientists can avoid menial tasks and focus on more meaningful activities, such as drug development research. Therefore, the increasing expenditure on research and development in pharmaceutical and biotechnology companies to save cost and time and to improve the drug discovery process propels the growth of the pharmaceutical robots market.

Middle East and Africa Pharmaceutical Robots Market Segmentation

• Middle East and Africa Pharmaceutical Robots Market – By Product
  • Collaborative Pharmaceutical Robots
  • Traditional Robots
• Middle East and Africa Pharmaceutical Robots Market – By Application
  • Inspection of Pharmaceutical Drugs
  • Laboratory Applications
  • Picking and Packaging
• Middle East and Africa Pharmaceutical Robots Market – By End User
  • Pharmaceutical Companies
  • Research Laboratories
  • Contract Research Organizations
• Middle East and Africa Pharmaceutical Robots Market – By Country
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of Middle East and Africa

Middle East and Africa Pharmaceutical Robots Report Scope