PUNE, India, Oct. 16, 2023 /PRNewswire/ -- Infinium Global Research, a leading market research firm, has recently released an extensive report on the Pharmaceutical Robot Market, offering a profound analysis of market segments and sub-segments at both global and regional levels. The report uncovers the impacts of drivers, restraints, and macro indicators on the pharmaceutical robot market over the short and long term.
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Pharmaceutical robots have become instrumental in streamlining the production of large medication volumes, necessitating higher levels of speed, precision, reliability, and adaptability. These vital efficiency criteria are achieved through process automation utilizing robotic systems. The pharmaceutical robot market is further propelled by ongoing technological advancements in robotics and their widespread integration into the global pharmaceutical industry. However, it's essential to recognize that the substantial investment required for automated manufacturing in the pharmaceutical sector may present challenges to the growth of the Pharmaceutical Robots Market. Nonetheless, the proactive introduction of state-of-the-art robotic machinery by key industry players promises significant growth prospects in the Pharmaceutical Robots Market in the foreseeable future.
Key Findings:
- Remarkable Growth Projection: In 2022, the global pharmaceutical robot market was valued at USD 180.26 million. The report predicts it will surge to USD 316.79 million by 2030, with an impressive Compound Annual Growth Rate (CAGR) of 6.27% during the forecast period of 2023-2030.
- Drivers of Market Growth: The growth of the pharmaceutical robot market is driven by its essential role in streamlining the production of large medication volumes. Ongoing technological advancements in robotics and their integration into the pharmaceutical industry further propel market expansion. Despite substantial investment requirements, key industry players are proactively introducing advanced robotic machinery to optimize manufacturing processes, creating promising growth prospects.
- Regional Dominance: The Asia Pacific (APAC) region is expected to hold the most substantial market share in the pharmaceutical robot sector, closely followed by Europe. This dominance is attributed to the significant presence of major pharmaceutical companies in countries like Japan and China. The APAC region benefits from its prominence in the pharmaceutical industry, offering third-party drug manufacturing services. The region's large population drives substantial demand for pharmaceutical products, especially with the rising prevalence of chronic illnesses and influenza. Europe commands a significant share due to the widespread adoption of robotics in countries like Germany, France, and the United Kingdom. The North American region is poised to provide substantial growth opportunities in the coming years, given the presence of pharmaceutical companies and a strong inclination towards automation to enhance operational efficiency.
- Segment Analysis: The report provides a comprehensive breakdown of the pharmaceutical robot market by type and application. Sub-markets include traditional robots and collaborative pharmaceutical robots. Application sub-markets encompass drug inspection, picking and packaging, and laboratory applications.
- Key Players: The report includes profiles of companies in the market, such as FANUC CORPORATION, Kawasaki Heavy Industries, Ltd., ABB, SHIBUYA CORPORATION, Marchesini Group S.p.A., Mitsubishi Electric Corporation, YASKAWA ELECTRIC CORPORATION, Seiko Epson Corporation, Universal Robots A/S, and others.
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Table of Contents
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Pharmaceutical Robots Market Highlights
2.2. Pharmaceutical Robots Market Projection
2.3. Pharmaceutical Robots Market Regional Highlights
Chapter 3. Global Pharmaceutical Robots Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Type
3.4.2. IGR-Growth Matrix Analysis by Application
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Pharmaceutical Robots Market
Chapter 4. Pharmaceutical Robots Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Pharmaceutical Robots Market
5.2. Companies Profiles
5.2.1. FANUC CORPORATION
5.2.2. Kawasaki Heavy Industries, Ltd.
5.2.3. ABB
5.2.4. SHIBUYA CORPORATION
5.2.5. Marchesini Group S.p.A.
5.2.6. Mitsubishi Electric Corporation
5.2.7. YASKAWA ELECTRIC CORPORATION
5.2.8. Seiko Epson Corporation
5.2.9. Universal Robots A/S
5.2.10. Others
Chapter 6. Global Pharmaceutical Robots Market by Type
6.1. Traditional Robots
6.2. Collaborative Pharmaceutical Robots
Chapter 7. Global Pharmaceutical Robots Market by Application
7.1. Drugs Inspection
7.2. Picking and Packaging
7.3. Laboratory Applications
Chapter 8. Global Pharmaceutical Robots Market by Region 2023-2030
8.1. North America
8.1.1. North America Pharmaceutical Robots Market by Type
8.1.2. North America Pharmaceutical Robots Market by Application
8.1.3. North America Pharmaceutical Robots Market by Country
8.1.3.1. The U.S. Pharmaceutical Robots Market
8.1.3.1.1. The U.S. Pharmaceutical Robots Market by Type
8.1.3.1.2. The U.S. Pharmaceutical Robots Market by Application
8.1.3.2. Canada Pharmaceutical Robots Market
8.1.3.2.1. Canada Pharmaceutical Robots Market by Type
8.1.3.2.2. Canada Pharmaceutical Robots Market by Application
8.1.3.3. Mexico Pharmaceutical Robots Market
8.1.3.3.1. Mexico Pharmaceutical Robots Market by Type
8.1.3.3.2. Mexico Pharmaceutical Robots Market by Application
8.2. Europe
8.2.1. Europe Pharmaceutical Robots Market by Type
8.2.2. Europe Pharmaceutical Robots Market by Application
8.2.3. Europe Pharmaceutical Robots Market by Country
8.2.3.1. Germany Pharmaceutical Robots Market
8.2.3.1.1. Germany Pharmaceutical Robots Market by Type
8.2.3.1.2. Germany Pharmaceutical Robots Market by Application
8.2.3.2. United Kingdom Pharmaceutical Robots Market
8.2.3.2.1. United Kingdom Pharmaceutical Robots Market by Type
8.2.3.2.2. United Kingdom Pharmaceutical Robots Market by Application
8.2.3.3. France Pharmaceutical Robots Market
8.2.3.3.1. France Pharmaceutical Robots Market by Type
8.2.3.3.2. France Pharmaceutical Robots Market by Application
8.2.3.4. Italy Pharmaceutical Robots Market
8.2.3.4.1. Italy Pharmaceutical Robots Market by Type
8.2.3.4.2. Italy Pharmaceutical Robots Market by Application
8.2.3.5. Rest of Europe Pharmaceutical Robots Market
8.2.3.5.1. Rest of Europe Pharmaceutical Robots Market by Type
8.2.3.5.2. Rest of Europe Pharmaceutical Robots Market by Application
8.3. Asia Pacific
8.3.1. Asia Pacific Pharmaceutical Robots Market by Type
8.3.2. Asia Pacific Pharmaceutical Robots Market by Application
8.3.3. Asia Pacific Pharmaceutical Robots Market by Country
8.3.3.1. China Pharmaceutical Robots Market
8.3.3.1.1. China Pharmaceutical Robots Market by Type
8.3.3.1.2. China Pharmaceutical Robots Market by Application
8.3.3.2. Japan Pharmaceutical Robots Market
8.3.3.2.1. Japan Pharmaceutical Robots Market by Type
8.3.3.2.2. Japan Pharmaceutical Robots Market by Application
8.3.3.3. India Pharmaceutical Robots Market
8.3.3.3.1. India Pharmaceutical Robots Market by Type
8.3.3.3.2. India Pharmaceutical Robots Market by Application
8.3.3.4. South Korea Pharmaceutical Robots Market
8.3.3.4.1. South Korea Pharmaceutical Robots Market by Type
8.3.3.4.2. South Korea Pharmaceutical Robots Market by Application
8.3.3.5. Australia Pharmaceutical Robots Market
8.3.3.5.1. Australia Pharmaceutical Robots Market by Type
8.3.3.5.2. Australia Pharmaceutical Robots Market by Application
8.3.3.6. Rest of Asia-Pacific Pharmaceutical Robots Market
8.3.3.6.1. Rest of Asia-Pacific Pharmaceutical Robots Market by Type
8.3.3.6.2. Rest of Asia-Pacific Pharmaceutical Robots Market by Application
8.4. RoW
8.4.1. RoW Pharmaceutical Robots Market by Type
8.4.2. RoW Pharmaceutical Robots Market by Application
8.4.3. RoW Pharmaceutical Robots Market by Sub-region
8.4.3.1. Latin America Pharmaceutical Robots Market
8.4.3.1.1. Latin America Pharmaceutical Robots Market by Type
8.4.3.1.2. Latin America Pharmaceutical Robots Market by Application
8.4.3.2. Middle East Pharmaceutical Robots Market
8.4.3.2.1. Middle East Pharmaceutical Robots Market by Type
8.4.3.2.2. Middle East Pharmaceutical Robots Market by Application
8.4.3.3. Africa Pharmaceutical Robots Market
8.4.3.3.1. Africa Pharmaceutical Robots Market by Type
8.4.3.3.2. Africa Pharmaceutical Robots Market by Application
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of pharmaceutical robots.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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