Pharmaceutical Robots Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

  • Single User License $3500

Pharmaceutical Robots Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : November, 2021 | Technology & Media

Report Digest


Global Pharmaceutical Robots Market: Snapshot

Pharmaceutical robots are extensively used in numerous applications in the field of medicine. A range of medical environments such as laboratories and pharmacies utilize pharmaceutical robots to carry out various drug manufacturing processes. This is mainly because of the high functionality at which the robots operate, which makes them efficient beyond comparison as compared to the accuracy showcased in case of human actions.

Pharmaceutical robots can function in numerous hazardous settings and in close proximity various biological dangers. Virtually, they are not harmed by any radioactive contamination or other toxic chemotherapy compounds. These advantages have made the use of the robots a high necessity in today’s rampantly advancing field of medicine, consequently giving rise to a distinct pharmaceutical robots market.

Pharmaceutical robots can be used to assemble and package a plethora of medical devices as well as implants, assist in drug manufacturing, and prepare prescriptions for mail order sent to pharmacies, hospitals, and clinics. Since past few years, the global pharmaceutical robotics market is growing at a decent pace, as the rate of acceptability for using the robots is rising gradually from the perspective of pharmaceutical companies. However, the market is expected to grow rapidly in the next few years in sectors such as pharmaceutical manufacturing, product operations, and distribution systems.

A surging demand for new drugs and compound formulations has caused numerous pharmaceutical companies to explore new and efficient ways of making better and less expensive drug. This is one of the chief factors that have been driving the global pharmaceutical robots market. Moreover, rising concerns over fraudulent product manufacturing and cheap quality drugs has made it highly necessary for utilizing highly efficient and unbiased ways of making medicines, consequently boosting the market.

However, high costs of utilizing the robots have been a key restraint affecting the global pharmaceutical robots market. Nevertheless, efforts are being taken by companies to introduce cost effective solutions, which could offset these hindrances.

Global Pharmaceutical Robots Market: Overview

Pharmaceutical robots find application in laboratories and pharmacies and in various drug manufacturing processes. Robotics are also used by hospitals for numerous pharmaceutical applications that include mixing hazardous oncological drugs and formulations emitting harmful radiations. Over the past few years, the adoption of robotics in the pharmaceutical industry has been markedly slower than in other industries. Nonetheless, in recent years, the application of robotics and automation technologies in pharmaceutical manufacturing, production operations, and distribution systems, has gathered pace.

Robots find wide applications in automating a variety of repetitive tasks, mainly in hazardous environments. The application of different types of pick-and-place machines for the development of different pharmaceutical products is growing too.

Global Pharmaceutical Robots Market: Key Trends

The soaring demand for new drugs and formulations has egged a number of pharmaceutical companies to explore new ways to make better and less expensive drugs. This is a key factor propelling the pharmaceutical robots market. The demand for automated filling, inspection, and packaging in pharmaceutical manufacturing are other factors driving the market. The use of robots in potentially hazardous settings such as those prone to radioactive radiations, biological dangers, and cross-contamination in cleanrooms has boosted the uptake of robots in the pharmaceutical industry. Various advantages of using pharmaceutical robots include remarkably high precision and speed in drug formulation, significantly reduced overhead costs, elimination in human error, and high reproducibility. Rising awareness of these benefits is expected to fuel the application of pharmaceutical robots.

Global Pharmaceutical Robots Market: Market Potential

Robotic technologies are increasingly being adopted in automated syringe assemblies, inspections, and packaging. The use of pharmaceutical robots is gaining prominence in sterile environments. This is attributed to their dexterity and reliability in reducing risks arising from environmental contamination and in eliminating cross-contamination between humans and components. Witnessing the vast potential of robots in the pharmaceutical sector, leading manufacturers of pharmaceutical process equipment are making product innovations.

Steriline, a global manufacturer and supplier of specialized process equipment in the pharmaceutical sector, has recently expanded its robotics solutions for the aseptic processing of pharmaceutical products. The European manufacturer will preview its new Robotic Pulsed Light Sterilizer (RPLS1) at interpack 2017, a leading event scheduled to take place in Düsseldorf starting May 4, 2017. The robotic solution is the first-of-its kind to adopt the pulsed light sterilizer technology for ready-to-use (RTU) nest sterilization. RPLS1 can be connected to any RTU filling machine and can sterilize cartridges, syringes, and vials.  Easy and cost-effective to install, the robotic device boasts of a processing capacity of 120 tubs/h. Besides enhanced efficiency, it is safe as well, claims the company.

Global Pharmaceutical Robots Market: Regional Outlook

The regional markets for pharmaceutical robots covered in the report are North America, Europe, and Asia Pacific. Asia Pacific, among them, is a lucrative market that is expected expand at a significant CAGR over the forecast period. The growing number of domestic industrial robotic companies, advances in the pharmaceutical sector, and soaring investment in the robotics industry are the key factors boosting the pharmaceutical robots market in the region. In addition, growing number of conferences and exhibitions aimed to create awareness about the adoption of automated technologies is also expected to stimulate the demand for pharmaceutical robots.

Global Pharmaceutical Robots Market: Competitive Analysis

Major companies operating in the global pharmaceutical robots market, profiled in the report are Kawasaki Heavy Industries Ltd., FANUC Corporation, KUKA AG, Mitsubishi Electric Corporation, ABB Ltd., Denso Corporation, Seiko Epson Corporation, Marchesini Group S.p.A, Universal Robots A/S, and Yaskawa Electric Corporation.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?