Pharmaceutical Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global pharmaceutical robots market size reached US$ 180.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 327.9 Million by 2028, exhibiting a growth rate (CAGR) of 10.2% during 2023-2028.
Pharmaceutical robots are deployed in the pharmaceutical sector for performing routine functions without human intervention. Their primary functions include automated inspection, packaging, and assisting in the production of customized medicines. These robots offer maximum efficiency, save workers from hazardous environments, and reduce cost expenditure by minimum training lessons. As they also reduce workloads and prevent medicines from contamination, pharmaceutical robots are gaining wide traction across the world.
Pharmaceutical Robots Market Trends:
On account of the growing competition in the pharmaceutical industry, drug manufacturers are widely adopting pharmaceutical robots as they increase safety, reliability and financial savings. This represents one of the key factors favorably influencing the market growth. Apart from this, the increasing need for automation in the manufacturing units is also contributing to the market growth. Additionally, the leading players are investing in the research and development (R&D) activities and engaging in merger and acquisition (M&A) activities to launch collaborative robots. Moreover, the rapid development of robotics with the integration of artificial intelligence (AI) is positively influencing the market. Besides this, a considerable rise in the demand for specific packaging configurations, coupled with other benefits such as high speed, accuracy, better utilization of space and zero error operations, is acting as another factor propelling the growth of the market across the globe. Furthermore, pharmaceutical robots find application in the dispensing, drug sorting and kit assembly due to high reliability and flexibility, which is supporting the overall market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global pharmaceutical robots market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and end user.
Breakup by Type:
Traditional Robots
Articulated Robots
SCARA Robots
Delta/Parallel Robots
Cartesian Robots
Dual-arm Robots
Collaborative Pharmaceutical Robots
Breakup by Application:
Picking and Packaging
Inspection of Pharmaceutical Drugs
Laboratory Applications
Breakup by End User:
Pharmaceutical Companies
Research Laboratories
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., DENSO Corporation, FANUC Corporation, Kawasaki Heavy Industries Ltd., Kuka AG, Marchesini Group S.p.A, Mitsubishi Electric Corporation, Robert Bosch GmbH, Seiko Epson Corporation, Shibuya Corporation, Universal Robots A/S (Teradyne Inc.) and Yaskawa Electric Corporation.
Key Questions Answered in This Report
1. What was the size of the global pharmaceutical robots market in 2022?
2. What is the expected growth rate of the global pharmaceutical robots market during 2023-2028?
3. What are the key factors driving the global pharmaceutical robots market?
4. What has been the impact of COVID-19 on the global pharmaceutical robots market?
5. What is the breakup of the global pharmaceutical robots market based on the type?
6. What is the breakup of the global pharmaceutical robots market based on the application?
7. What is the breakup of the global pharmaceutical robots market based on the end user?
8. What are the key regions in the global pharmaceutical robots market?
9. Who are the key players/companies in the global pharmaceutical robots market?
- 1 Preface
- 2 Scope and Methodology
- 2.1Objectives of the Study
- 2.2Stakeholders
- 2.3Data Sources
- 2.3.1Primary Sources
- 2.3.2Secondary Sources
- 2.4Market Estimation
- 2.4.1Bottom-Up Approach
- 2.4.2Top-Down Approach
- 2.5Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1Overview
- 4.2Key Industry Trends
- 5 Global Pharmaceutical Robots Market
- 5.1Market Overview
- 5.2Market Performance
- 5.3Impact of COVID-19
- 5.4Market Forecast
- 6 Market Breakup by Type
- 6.1Traditional Robots
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Articulated Robots
- 6.1.2.2 SCARA Robots
- 6.1.2.3 Delta/Parallel Robots
- 6.1.2.4 Cartesian Robots
- 6.1.2.5 Dual-arm Robots
- 6.1.3 Market Forecast
- 6.2Collaborative Pharmaceutical Robots
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 7 Market Breakup by Application
- 7.1Picking and Packaging
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2Inspection of Pharmaceutical Drugs
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3Laboratory Applications
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 8 Market Breakup by End User
- 8.1Pharmaceutical Companies
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2Research Laboratories
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 9 Market Breakup by Region
- 9.1North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
- 10 SWOT Analysis
- 10.1Overview
- 10.2Strengths
- 10.3Weaknesses
- 10.4Opportunities
- 10.5Threats
- 11 Value Chain Analysis
- 12 Porters Five Forces Analysis
- 12.1Overview
- 12.2Bargaining Power of Buyers
- 12.3Bargaining Power of Suppliers
- 12.4Degree of Competition
- 12.5Threat of New Entrants
- 12.6Threat of Substitutes
- 13 Price Analysis
- 14 Competitive Landscape
- 14.1Market Structure
- 14.2Key Players
- 14.3Profiles of Key Players
- 14.3.1ABB Ltd.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2DENSO Corporation
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3FANUC Corporation
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4Kawasaki Heavy Industries Ltd.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5Kuka AG
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6Marchesini Group S.p.A
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7Mitsubishi Electric Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8Robert Bosch GmbH
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 SWOT Analysis
- 14.3.9Seiko Epson Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10Shibuya Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.11Universal Robots A/S (Teradyne Inc.)
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12Yaskawa Electric Corporation
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook