Pharmaceutical Robots Market Share & Industry Report 2028

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

  • Report Code : TIPMD00002342
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 188
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[Research Report] The pharmaceutical robots market is projected to reach US$ 383.91 million by 2028 from US$ 159.23 million in 2021; it is expected to grow at a CAGR of 13.4% from 2021 to 2028.

Pharmaceutical industry requires efficient and precise precision in production of pharmaceutical drugs. Thus, using robots in pharmaceutical manufacturing improves quality and reduces cost and time. Robots are proving advantageous in filling, inspection, packaging, laboratories, and the manufacture of personalized medicine. A robotic system is a type of automation that has multiple axes of motion and can be programmed to perform any function.

The report offers insights and in-depth analysis of the pharmaceutical robots market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world. It also includes the impact of the COVID-19 pandemic on the market across all the regions. The impact of the pandemic and decreasing global research activities have also harmed the operations and financial execution of several companies in the pharmaceutical robots market. The OIE, the World Organization for Animal Health aids research for their on-going research and other implications of COVID-19 for animal health and poultry public health. The organization also helps in risk assessment, risk management, and risk communication. The OIE has deployed an Incident Coordination System to coordinate these activities. Moreover, the COVID-19 pandemic and consequent lockdown impositions have significantly impacted the livestock and poultry sectors in different countries in the world. The demand–supply gap is found to decrease gradually with the opening-up of market chains and additional steps taken by the local administrations in plugging the bottlenecks in delivery systems. It is further envisaged that the impact would continue to be long-standing and will have great bearing on the livelihood, employment, and overall economy of the sector. The pharmaceutical robots market is segmented on the bases of dosage, disease, technology, and region. The market, based on region, is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

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Pharmaceutical Robots Market: Strategic Insights

Pharmaceutical Robots Market

  • CAGR (2021 - 2028)
    13.4%
  • Market Size 2021
    US$ 159.23 Million
  • Market Size 2028
    US$ 383.91 Million

Market Dynamics

GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players

  • 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

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Product
  • Collaborative Pharmaceutical Robots
  • Traditional Robots
Application
  • Inspection of Pharmaceutical Drugs
  • Laboratory Applications
  • Picking and Packaging
End User
  • Pharmaceutical Companies
  • Contract Research Organizations
Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South and Central America
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Rising Trend of Cloud Robotic 

Cloud robotics is an emerging field of robotics rooted in cloud computing, cloud storage, and other Internet technologies centered on the benefits of converged infrastructure and shared services. Connecting robots to the cloud increase computational power, storage, and communications. Cloud robots communicate with each other and thus operations are carried out easily.

The Google Cloud Robotics Platform combines AI, robotics, and the cloud to enable the opening of an ecosystem of automation solutions that use cloud-connected collaborative robots. Along with AI and machine learning services, the robots will be able to efficiently carry out processes in highly dynamic environments in the manufacturing industry. Moreover, in the industry, the cloud is an ally for processing a large amount of data. For instance, Exscientia and Celgene, a biopharmaceutical company, announced a €19.64 million deal in 2019 to speed up the discovery of medications for cancer and autoimmune illnesses. In 2020, it also announced a collaboration with other firms to find possible COVID-19 medications. As a result, the company now has access to a package of molecules, including medications and other chemicals, that have been successfully tested in humans. The company intended to scan the list for any medications that could be able to combat the virus. Exscientia's technology scans the large databases and can accurately predict which compounds do not generate side effects to reach the desired goal. Similarly, in 2020, another pharmaceutical company, Boehringer Ingelheim, partnered with a biotech company, Click Therapeutics, to produce $500 million in digital treatments. More precisely, both firms planned to collaborate on the development and distribution of a mobile application to help schizophrenia patients with cognitive deficiencies. Also, IBM has created RoboRXN, a chemical laboratory that uses AI, cloud computing, and robotics to develop drugs from the researchers' own homes.

Cloud-based software, with appropriate security protocols, can be adopted to facilitate integration and automation. Its use helps reduce the paperwork of the companies, making data manageable. Thus, cloud robotics is expected to become the trend in the pharmaceutical robot market in the future.

Product -Based Insights

Based on product, the pharmaceutical robots market is segmented into collaborative pharmaceutical robots, and traditional robots. In 2021, collaborative pharmaceutical robots segment is estimated to account for the largest market share, whereas traditional robots is expected to witness the highest CAGR in the market during the forecast period. The 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. 


Application-Based Insights

Based on application, the pharmaceutical robots market is segmented into inspection of pharmaceutical drugs, laboratory applications, and picking and packaging. The inspection of pharmaceutical drugs segment would hold the largest share of the market in 2021 and is estimated to register the highest CAGR in the market during the forecast period.

End-User-Based Insights

Based on end user, the pharmaceutical robots market is segmented into pharmaceutical companies, research laboratories, and contract research organizations. The pharmaceutical companies segment would hold the largest share of the market in 2021, whereas the research laboratories segment is estimated to register the highest CAGR in the market during the forecast period

The pharmaceutical robots market players adopt organic strategies such as product launch and expansion to expand their footprint and product portfolio worldwide as well as to meet the growing demand.

Pharmaceutical Robots Market Report Scope

Report Attribute Details
Market size in 2021 US$ 159.23 Million
Market Size by 2028 US$ 383.91 Million
Global CAGR (2021 - 2028) 13.4%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Product
  • Collaborative Pharmaceutical Robots
  • Traditional Robots
By Application
  • Inspection of Pharmaceutical Drugs
  • Laboratory Applications
  • Picking and Packaging
By End User
  • Pharmaceutical Companies
  • Contract Research Organizations
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • 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
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.


    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
      • Italy
      • UK
      • Spain
      • Rest of Europe
    • Asia Pacific (APAC)

      • China
      • India
      • South Korea
      • Japan
      • Australia
      • Rest of APAC
    • Middle East & Africa (MEA)

      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of MEA
    • South and Central America (SCAM)

      • Brazil
      • Argentina
      • Rest of SCAM

    Company Profiles

    • 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
    • Weiss GmbH
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Product ; Application ; End User ; and Geography

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

    Frequently Asked Questions


    What are the driving factors for the cannabis testing market across the globe?

    The growth of the market is attributed to benefits offered by robots in pharmaceutical manufacturing, growing awareness of robotic systems in manufacturing process, increasing investments in pharmaceutical research and development. However, the high cost of robots and dearth of skilled professional hinder the market growth.

    What are the types of pharmaceutical robots?

    The types of pharmaceutical robots are collaborative pharmaceutical robots, and traditional robots. The traditional robots are segmented into delta robots, articulated robots, cartesian robots, scara robots, and others.

    What is the need of robots in pharmaceutical industry?

    Pharmaceutical industry requires efficient and precise precision in production of pharmaceutical drugs. Thus, using robots in pharmaceutical manufacturing improves quality and reduces cost and time. Robots are proving advantageous in filling, inspection, packaging, laboratories, and the manufacture of personalized medicine. A robotic system is a type of automation that has multiple axes of motion and can be programmed to perform any function.Pharmaceutical industry requires efficient and precise precision in production of pharmaceutical drugs. Thus, using robots in pharmaceutical manufacturing improves quality and reduces cost and time. Robots are proving advantageous in filling, inspection, packaging, laboratories, and the manufacture of personalized medicine. A robotic system is a type of automation that has multiple axes of motion and can be programmed to perform any function.

    The List of Companies - Pharmaceutical Robots Market

    1. ABB Ltd.
    2. Kawasaki Heavy Industries, Ltd.
    3. Yaskawa Electric Corporation
    4. Universal Robots A/S
    5. Marchesini Group S.p.A
    6. Denso Corporation
    7. Fanuc Corporation
    8. Espon India Pvt. Ltd.
    9. Shibuya Corporation
    10. Weiss GmbH

    The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

    1. Data Collection and Secondary Research:

    As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

    Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

    1. Primary Research:

    The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

    For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

    A typical research interview fulfils the following functions:

    • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
    • Validates and strengthens in-house secondary research findings
    • Develops the analysis team’s expertise and market understanding

    Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

    • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
    • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

    Below is the breakup of our primary respondents by company, designation, and region:

    Research Methodology

    Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

    1. Data Analysis:

    Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

    • 3.1 Macro-Economic Factor Analysis:

    We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

    • 3.2 Country Level Data:

    Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

    • 3.3 Company Profile:

    The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

    • 3.4 Developing Base Number:

    Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

    1. Data Triangulation and Final Review:

    The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

    We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

    We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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