Global Pharmaceutical Robots Market

Pharmaceutical Robots Market Size, Share, Growth Analysis, By Type(Traditional Robots, Collaborative Robots and Pharmacy Automation Systems.), By Application.(Drug Discovery, Pharmaceutical Manufacturing) - Industry Forecast 2024-2031

Report ID: SQMIG35G2161 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 62 | Figures: 75

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Pharmaceutical Robots Market size was valued at USD 1.62 billion in 2021 and is poised to grow from USD 1.77 billion in 2022 to USD 3.58 billion by 2030, growing at a CAGR of 9.2% during the forecast period (2023-2030).

The pharmaceutical robots market is witnessing a competitive landscape characterised by the presence of several players offering a diverse range of robotic solutions tailored to the pharmaceutical industry. These robots are designed to automate various tasks such as drug discovery, drug formulation, sample preparation, compounding, packaging, and labelling. The market is driven by the increasing demand for efficient and accurate processes in pharmaceutical manufacturing, research laboratories, and healthcare settings. 'ABB Ltd (Switzerland)', 'FANUC Corporation (Japan)', 'Kawasaki Heavy Industries Ltd (Japan)', 'Yaskawa Electric Corporation (Japan)', 'Universal Robots A/S (Denmark)', 'KUKA AG (Germany)', 'Denso Corporation (Japan)', 'Mitsubishi Electric Corporation (Japan)', 'Seiko Epson Corporation (Japan)', 'Stäubli International AG (Switzerland)', 'Precise Automation, Inc. (US)', 'Omron Corporation (Japan)', 'Marchesini Group S.p.A. (Italy)', 'Rethink Robotics, Inc. (US)', 'Krones AG (Germany)', 'Schunk GmbH & Co. KG (Germany)', 'Kawasaki Robotics (USA), Inc. (US)', 'Aurotek Corporation (Taiwan)', 'Adept Technology, Inc. (US)', 'FANUC America Corporation (US)'

The pharmaceutical industry is experiencing a growing need for high-throughput screening (HTS) due to the escalating demand for drug discovery and development. Pharmaceutical robots play a pivotal role in meeting this need by automating essential tasks such as sample preparation, compound handling, and data analysis. By streamlining these processes, pharmaceutical robots effectively accelerate drug discovery timelines and enhance overall efficiency, contributing to the advancement of the industry.

One of the key trends in the pharmaceutical robots market is the increasing adoption of collaborative robots. Collaborative robots, also known as cobots, are designed to work safely alongside humans in a shared workspace. This makes them a good option for pharmaceutical companies that want to automate their manufacturing processes without sacrificing safety.

In the pharmaceutical robots market, regional insights indicate that the most dominant region is North America. North America has a strong presence of pharmaceutical companies, advanced healthcare infrastructure, and a high level of investment in research and development. The region is home to several leading pharmaceutical robot manufacturers and has a robust demand for automation and robotics solutions in the pharmaceutical sector. The well-established pharmaceutical industry and favourable regulatory environment contribute to North America's dominance in the market.

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