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South and Central America Pharmaceutical Robots Market

2021

South and Central America Pharmaceutical Robots Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Collaborative Pharmaceutical Robots and Traditional Robots), Application (Inspection of Pharmaceutical Drugs, Laboratory Applications, and Picking and Packaging), and End User (Pharmaceutical Companies, Research Laboratories, and Contract Research Organizations)

Publication Month: Nov 2021 | Report Code: TIPRE00025908 | No. of Pages: 124 | Category: Medical Device | Status: Published

Market Insights

South and Central America Pharmaceutical Robots Market to Grow at a CAGR of 12.4% to reach US$ 19.04 million by 2028 Million from 2021 to 2028

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The South and Central America pharmaceutical robots market is expected to grow from US$ 8.38 million in 2021 to US$ 19.04 million by 2028; it is estimated to grow at a CAGR of 12.4% 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. 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 South and Central America pharmaceutical robots market

South and Central America is facing significantly challenging situations due to COVID 19 pandemic. Moreover, an increasing number of researchers have initiated the process of building industrial systems that deal with compound robotic tasks. One of the applications of the next generation of robotics is the automated packing of parts in an assembly process. Furthermore, automation is enhancing the demand for automated packaging systems and key players are taking strategic initiative to meet the demand. For instance, November 19, 2020, Equashield announced its expansion in Latin America through its partnership with SynTronic Hospitalar, to introduce Equashield products to Brazil. This includes both Equashield’s flagship Closed System Transfer Device, as well as EQUASHIELD Pro, the world’s first CSTD-enabled automated compounding system. The expansion follows the previous introduction of Equashield’s products to healthcare organizations in Chile and Panama. Thus, it has been concluded that the factor may raise the demand of pharmaceutical robots in 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 South and Central America 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 America 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 are starting to adopt robotics and automation. India is rapidly adopting new-age technologies, such as artificial intelligence and robotics. 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. Numerous jobs are being destroyed and created by the adoption of robots in company processes. South and Central America pharmaceutical robots market

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South and Central America Pharmaceutical Robots Market Segmentation

  • South and Central America Pharmaceutical Robots Market – By Product
    • Collaborative Pharmaceutical Robots
    • Traditional Robots
  • South and Central America Pharmaceutical Robots Market – By Application
    • Inspection of Pharmaceutical Drugs
    • Laboratory Applications
    • Picking and Packaging
  • South and Central America Pharmaceutical Robots Market – By End User
    • Pharmaceutical Companies
    • Research Laboratories
    • Contract Research Organizations
  • South and Central America Pharmaceutical Robots Market – By Country
    • Brazil
    • Argentina
    • Rest of Central America

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 South and Central America Pharmaceutical Robots Market – By Product

1.3.2 South and Central America Pharmaceutical Robots Market – By Application

1.3.3 South and Central America Pharmaceutical Robots Market – By End User

1.3.4 South and Central America Pharmaceutical Robots Market– By Country

2. South and Central America Pharmaceutical Robots Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. South and Central America Pharmaceutical Robots Market– Market Landscape

4.1 Overview

4.1 PEST Analysis

4.2 Experts Opinion

5. South and Central America Pharmaceutical Robots Market – Key Industry Dynamics

5.1 Key Market Drivers

5.1.1 Advantages Offered by Robots in Pharmaceutical Manufacturing

5.1.2 Rise in Awareness Regarding Robotic Systems in Manufacturing Process

5.1.3 Incrementing Investments in Pharmaceutical Research and Development

5.2 Market Restraints

5.2.1 Costly Nature of Robots

5.2.2 Absence of Skilled Professionals

5.3 Key Market Opportunities

5.3.1 Growth Opportunities in Emerging Nations

5.4 Future Trends

5.4.1 Cloud Robotics Gaining Popularity

5.5 Impact analysis

6. Pharmaceutical Robots Market– South and Central America Analysis

6.1 South and Central America Pharmaceutical Robots Market Revenue Forecast and Analysis

7. South and Central America Pharmaceutical Robots Market Analysis – By Product

7.1 Overview

7.2 Pharmaceutical Robots Market Revenue Share, by Product (2021 and 2028)

7.3 Collaborative Pharmaceutical Robots

7.3.1 Overview

7.3.2 Collaborative Pharmaceutical Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Traditional Robots

7.4.1 Overview

7.4.2 Traditional Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.1 Delta Robots

7.4.2.1.1 Overview

7.4.2.1.2 Delta Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.2 Articulated Robots

7.4.2.2.1 Overview

7.4.2.2.2 Articulated Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.3 Cartesian Robots

7.4.2.3.1 Overview

7.4.2.3.2 Cartesian Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.4 SCARA Robots

7.4.2.4.1 Overview

7.4.2.4.2 SCARA Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.5 Others Market

7.4.2.5.1 Overview

7.4.2.5.2 Others: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

8. South and Central America Pharmaceutical Robots Market Analysis – By Application

8.1 Overview

8.2 Pharmaceutical Robots Market Revenue Share, by Application (2021 and 2028)

8.3 Inspection of Pharmaceutical Drugs

8.3.1 Overview

8.3.2 Inspection of Pharmaceutical Drugs: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Laboratory Applications

8.4.1 Overview

8.4.2 Laboratory Applications: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Picking and Packaging

8.5.1 Overview

8.5.2 Picking and Packaging: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

9. South and Central America Pharmaceutical Robots Market Analysis – By End User

9.1 Overview

9.2 Pharmaceutical Robots Market Share, by End User, 2021 and 2028, (%)

9.3 Pharmaceutical Companies

9.3.1 Overview

9.3.2 Pharmaceutical Companies: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Research Laboratories

9.4.1 Overview

9.4.2 Research Laboratories: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Contract Research Organizations

9.5.1 Overview

9.5.2 Contract Research Organizations: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

10. South and Central America Pharmaceutical Robots Market– Country Analysis

10.1 South and Central America Pharmaceutical Robots Market

10.1.1 Overview

10.1.2 South and Central America Pharmaceutical Robots Market Revenue and Forecast to 2028, By Country (%)

10.1.2.1 Brazil Pharmaceutical Robots Market

10.1.2.1.1 Brazil Pharmaceutical Robots Market Revenue and Forecast to 2028 (US$ Million)

10.1.2.1.2 Brazil Pharmaceutical Robots Market Revenue and Forecast to 2028, By Product (US$ Million)

10.1.2.1.2.1 Brazil Traditional Robots Market Revenue and Forecast to 2028 (US$ Million)

10.1.2.1.3 Brazil Pharmaceutical Robots Market Revenue and Forecast to 2028, By Application (US$ Million)

10.1.2.1.4 Brazil Pharmaceutical Robots Market Revenue and Forecast to 2028, By End User (US$ Million)

10.1.2.2 Argentina Pharmaceutical Robots Market

10.1.2.2.1 Argentina Pharmaceutical Robots Market Revenue and Forecast to 2028 (US$ Million)

10.1.2.2.2 Argentina Pharmaceutical Robots Market Revenue and Forecast to 2028, By Product (US$ Million)

10.1.2.2.2.1 Argentina Traditional Robots Market Revenue and Forecast to 2028 (US$ Million)

10.1.2.2.3 Argentina Pharmaceutical Robots Market Revenue and Forecast to 2028, By Application (US$ Million)

10.1.2.2.4 Argentina Pharmaceutical Robots Market Revenue and Forecast to 2028, By End User (US$ Million)

10.1.2.3 Rest of South & Central America Pharmaceutical Robots Market

10.1.2.3.1 Rest of South & Central America Pharmaceutical Robots Market Revenue and Forecast to 2028 (US$ Million)

10.1.2.3.2 Rest of South & Central America Pharmaceutical Robots Market Revenue and Forecast to 2028, By Product (US$ Million)

10.1.2.3.2.1 Rest of South & Central America Traditional Robots Market Revenue and Forecast to 2028 (US$ Million)

10.1.2.3.3 Rest of South & Central America Pharmaceutical Robots Market Revenue and Forecast to 2028, By Application (US$ Million)

10.1.2.3.4 Rest of South & Central America Pharmaceutical Robots Market Revenue and Forecast to 2028, By End User (US$ Million)

11. Impact of COVID-19 Pandemic On South and Central America Pharmaceutical Robots Market

11.1 South and Central America: Impact Assessment of COVID-19 Pandemic

12. South and Central America Pharmaceutical Robots Market – Industry Landscape

12.1 Overview

12.2 Growth Strategies in the Pharmaceutical Robots Market

12.3 Organic Developments

12.3.1 Overview

12.4 Inorganic developments

12.4.1 Overview

13. South and Central America Pharmaceutical Robots Market–Key Company Profiles

13.1 ABB

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Financial Overview

13.1.4 Product Portfolio

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Kawasaki Heavy Industries, Ltd.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Financial Overview

13.2.4 Product Portfolio

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 YASKAWA ELECTRIC CORPORATION

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Financial Overview

13.3.4 Product Portfolio

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Universal Robots

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Financial Overview

13.4.4 Product Portfolio

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Marchesini Group S.p.A.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Financial Information

13.5.4 Product Portfolio

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 DENSO Corporation

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Financial Overview

13.6.4 Product Portfolio

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 FANUC CORPORATION

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Financial Overview

13.7.4 Product Portfolio

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Seiko Epson Corporation

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Financial Overview

13.8.4 Product Portfolio

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 SHIBUYA CORPORATION

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Financial Overview

13.9.4 Product Portfolio

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 WEISS GmbH

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Financial Overview

13.10.4 Product portfolio

13.10.5 SWOT ANALYSIS

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES

Table 1. Investments in R&D by Major Pharmaceutical Companies

Table 2. Top 5 Companies in R&D Investments (% of Revenue) in 2020

Table 3. Predictions of Job Losses and Gains from Automation

Table 4. South and Central America Pharmaceutical Robots Market – Revenue, and Forecast to 2028 (US$ Million)

Table 5. Brazil Pharmaceutical Robots Market Revenue and Forecast to 2028, By Product (US$ Million)

Table 6. Brazil traditional robots Market Revenue and Forecast to 2028 (US$ Million)

Table 7. Brazil Pharmaceutical Robots Market Revenue and Forecast to 2028, By Application (US$ Million)

Table 8. Brazil Pharmaceutical Robots Market Revenue and Forecast to 2028, By End User (US$ Million)

Table 9. Argentina Pharmaceutical Robots Market Revenue and Forecast to 2028, By Product (US$ Million)

Table 10. Argentina Traditional Robots Market Revenue and Forecast to 2028 (US$ Million)

Table 11. Argentina Pharmaceutical Robots Market Revenue and Forecast to 2028, By Application (US$ Million)

Table 12. Argentina Pharmaceutical Robots Market Revenue and Forecast to 2028, By End User (US$ Million)

Table 13. Rest of South & Central America Pharmaceutical Robots Market Revenue and Forecast to 2028, By Product (US$ Million)

Table 14. Rest of South & Central America Traditional Robots Market Revenue and Forecast to 2028 (US$ Million)

Table 15. Rest of South & Central America Pharmaceutical Robots Market Revenue and Forecast to 2028, By Application (US$ Million)

Table 16. Rest of South & Central America Pharmaceutical Robots Market Revenue and Forecast to 2028, By End User (US$ Million)

Table 17. Organic Developments Done by Companies

Table 18. Inorganic developments done by Companies

Table 19. Glossary of Terms, Pharmaceutical Robots Market

LIST OF FIGURES

Figure 1. Pharmaceutical Robots Market Segmentation

Figure 2. Pharmaceutical Robots Segmentation, By Country

Figure 3. South and Central America Pharmaceutical Robots Market Overview

Figure 4. Traditional Robots Held the Largest Share by Product Segment in Pharmaceutical Robots Market

Figure 5. Argentina to Show Significant Growth During Forecast Period

Figure 6. South and Central America Pharmaceutical Robots Market, Industry Landscape

Figure 7. South and Central America (SCAM) PEST Analysis

Figure 8. Pharmaceutical Robots Market Impact Analysis of Drivers and Restraints

Figure 9. South and Central America Pharmaceutical Robots Market– Revenue Forecast and Analysis – 2020- 2028

Figure 10. Pharmaceutical Robots Market Revenue Share, by Product (2021 and 2028)

Figure 11. Collaborative Pharmaceutical Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. Traditional Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Delta Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Articulated Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. Cartesian Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. SCARA Robots: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Others: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Pharmaceutical Robots Market Revenue Share, by Application (2021 and 2028)

Figure 19. Inspection of Pharmaceutical Drugs: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Laboratory Applications: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Picking and Packaging: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Pharmaceutical Robots Market Share, by End User, 2021 and 2028 (%)

Figure 23. Pharmaceutical Companies: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Research Laboratories: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Contract Research Organizations: Pharmaceutical Robots Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. South and Central America Pharmaceutical Robots Market Revenue Overview, by Country (2021) (us$ Million)

Figure 27. South and Central America Pharmaceutical Robots Market Revenue and Forecast to 2028, By Country (%)

Figure 28. Brazil Pharmaceutical Robots Market Revenue and Forecast to 2028 (US$ Million)

Figure 29. Argentina Pharmaceutical Robots Market Revenue and Forecast to 2028 (US$ Million)

Figure 30. Rest of South & Central America Pharmaceutical Robots Market Revenue and Forecast to 2028 (US$ Million)

Figure 31. Impact of COVID-19 Pandemic in South and Central America Country Market

Figure 32. Growth Strategies in the Pharmaceutical Robots Market
  1. ABB
  2. Kawasaki Heavy Industries, Ltd.
  3. YASKAWA ELECTRIC CORPORATION
  4. Universal Robots
  5. Marchesini Group S.p.A
  6. DENSO Corporation
  7. FANUC CORPORATION
  8. Seiko Epson Corporation
  9. SHIBUYA CORPORATION
  10. WEISS GmbH
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South and Central America pharmaceutical robots market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the South and Central America pharmaceutical robots market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South and Central America market trends and outlook coupled with the factors driving the South and Central America pharmaceutical robots market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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