The Global Pharmaceutical Robots Market is expected to reach US$ 344.4 Mn in 2027 from US$ 110.8 in 2018. The market is estimated to grow with a CAGR of 13.6% from 2019-2027.
Global Pharmaceutical Robots Market: Overview
Pharmaceutical robots are broadly used in various applications in the medical sector. A wide range of medical divisions, such as pharmacies and laboratories, utilize pharmaceutical robots to execute various drug manufacturing methods. This is primarily due to high functionality in which these robots can function, which is likely to make them extremely competent as compared to human precision.
The key factors that are driving the growth of the significant benefits offered by robots in pharmaceutical manufacturing, growing awareness of robotic systems in the manufacturing process, increasing investments in pharmaceutical research and development are boosting the market over the years. In addition, the growth opportunities in emerging nations are likely to have a positive impact on the growth of the market in the coming years.
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There are several conferences, workshops, and exhibitions being held across the globe in order to increase the awareness of robotic systems. For instance, 5th World Congress on Automation and Robotics was held in April 2018, at Las Vegas, USA. The conference aimed at growing awareness and share the knowledge of advanced technology amongst the professionals, industrialists, and students from the research area of Automation & Robotics. Furthermore, Pittcon 2018 was held in February 2018 at Orlando, Florida.
The conference focused on the latest developments in technology, assisting analysis and automation in pharmaceutical research. For instance, GlaxoSmithKline, who has collaborated with other pharmaceutical companies to assess the robotic platforms for precise, automated dispensing of solids and AstraZeneca has who have worked on combined efforts to improve the measurement and prediction of API solubility. Thus, the growing conferences, workshops, and exhibitions for pharmaceutical robots drive the market growth during the forecast period.
The report segments the Global Pharmaceutical Robots Market as follows:
Global Pharmaceutical Robots Market – By Product
· Collaborative Pharmaceutical Robots
· Traditional Robots
Global Pharmaceutical Robots Market – By End User
· Pharmaceutical Companies
· Research Laboratories
Global Pharmaceutical Robots Market – By Applications
· Inspection Of Pharmaceutical Drugs
· Laboratory Applications
· Picking And Packaging
Global Pharmaceutical Robots Market: Primary And Secondary Sources
· Natural Sciences and Engineering Research Council of Canada
· International Trade Administration (ITA)
· International Federation of Robotics (IFR)
· Agency for Medical Research and Development (AMRD)
· Centers for Disease Control and Prevention
· Commonwealth Scientific and Industrial Research Organization (CSIRO)
· Others.
In a word, the report provides detailed statistics and analysis on the state of the industry; and is a valuable source of guidance and direction for companies and individuals interested in the market.
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Table of Contents:
1. Introduction
2. Global Pharmaceutical Robots Market – Key Takeaways
3. Research Methodology
4. Global Pharmaceutical Robots– Market Landscape
5. Global Pharmaceutical Robots Market – Key Industry Dynamics
6. Pharmaceutical Robots Market – Global Analysis
7. Pharmaceutical Robots Market Analysis And Forecasts To 2027 – Product
8. Pharmaceutical Robots Market Analysis And Forecasts To 2027 – Application
9. Pharmaceutical Robots Market Analysis And Forecasts To 2027 – End User
10. Pharmaceutical Robots Market Revenue And Forecasts To 2027 – Geographical Analysis
11. Pharmaceutical Robots Market – Industry Landscape
12. Pharmaceutical Robots Market–Key Company Profiles
13. Appendix
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