Pharmaceutical Robots Market 2021 – 2027 : Growth Recommendations By Experts

Coherent Market Insights report on the global Pharmaceutical Robots Market studies past as well as current growth trends and opportunities to gain valuable insights of the indicators for the said market during the forecast period from 2021 to 2027. The report provides the overall market value of the global Pharmaceutical Robots Market for the period of 2021 to 2027, with 2020 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global Pharmaceutical Robots Market for the forecast period.

Request Here For PDF Brochure 

Market Overview:

The main role of the pharmaceutical sector is production and manufacture of medicines. All the pharmaceutical products are made by the help of new and advanced technologies. These technologies have made the tasks much easier and fast than before. Nowadays, most of the tasks related to pharmaceuticals are done at a computerized platform and most of the pharmaceuticals factories or plants use computers for all the tasks relating to manufacture and production of medicines.

The robots are mainly used in the pharmaceutical industry for drug manufacturing and packaging processes are the automated robots. These robots usually composed of a motor, actuator, computerized device, lens camera, and many other robot tooling. The robotic product in pharmaceutical manufacturing industry has many advantages. Robotic robots are mostly 3 or more times efficient than the human workers and hence they are able to work 24 hours a day.

Key Market Drivers:

Increasing funding for R&D in robots for pharmaceutical manufacturing is expected to propel growth of the global pharmaceutical robots market over the forecast period. For instance, in July 2021, Covariant, an AI Robotics company, raised US$ 80 million in Series C funding for investment in R&D and global expansion.

Moreover, launch of automated drug dispensing machines is also expected to aid in growth of the global pharmaceutical robots market over the forecast period. For instance, in February 2021, Omnicell launched the Medimat robot for automating the dispensing of medicines in community pharmacies.

Key Market Restraints:

High initial investment in adoption of automation in the pharmaceutical sector is expected to limit growth of the global pharmaceutical robots market.

Covid-19 Impact Analysis

Emergence of Covid-19 has led to labor shortage in many regions. In United States of America, from 3 January 2020 to 6:11pm CEST, 12 August 2021, there have been 35,957,692 confirmed cases of COVID-19 with 613,647 deaths, reported to WHO. In August 2021, Pfizer, Moderna, and Alnylam reported having trouble recruiting talent. Such scenario are expected to boost adoption of pharmaceutical automation, offering lucrative growth opportunities for players in the pharmaceutical robots market.

Key Takeaways

• The pharmaceutical robots market is expected to exhibit a CAGR of XX % over the forecast period, owing to increasing production of vaccines. Many countries have witnessed a surge in production of vaccines. As of 8 August 2021, a total of 353,040,395 vaccine doses have been administered.

• Among regions, Europe is expected to witness significant growth in the pharmaceutical robots market, owing to increasing investment in automation for biologics. For instance, in July 2021, UK consortium consisting of BiologIC Technologies, Biopharm Services, CPI, Pall Corporation, and SCIEX launched a £3.1 million project to advance automation for biologics.

Major Key Players Include In Pharmaceutical Robots Market: Kawasaki Heavy Industries, Ltd., FANUC Corporation, Mitsubishi Electric Corporation, ABB Ltd., Seiko Epson Corporation, Universal Robots A/S, Yaskawa Electric Corporation, Marchesini Group S.p.A., and Midea Group Co.

Buy instant copy of this research report with Flat US $ 2000 Off@ – https://www.coherentmarketinsights.com/promo/buynow/1341

Main points in Pharmaceutical Robots Market Report Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Pharmaceutical Robots Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Pharmaceutical Robots Industry Impact

Chapter 2 Global Pharmaceutical Robots Competition by Types, Applications, and Top Regions and Countries
2.1 Global Pharmaceutical Robots (Volume and Value) by Type
2.3 Global Pharmaceutical Robots (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Pharmaceutical Robots Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Pharmaceutical Robots Market Analysis
Chapter 6 East Asia Pharmaceutical Robots Market Analysis
Chapter 7 Europe Pharmaceutical Robots Market Analysis
Chapter 8 South Asia Pharmaceutical Robots Market Analysis
Chapter 9 Southeast Asia Pharmaceutical Robots Market Analysis
Chapter 10 Middle East Pharmaceutical Robots Market Analysis
Chapter 11 Africa Pharmaceutical Robots Market Analysis
Chapter 12 Oceania Pharmaceutical Robots Market Analysis
Chapter 13 South America Pharmaceutical Robots Market Analysis
Chapter 14 Company Profiles and Key Figures in Pharmaceutical Robots Business
Chapter 15 Global Pharmaceutical Robots Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology

Request for a Sample Report

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com