By 2032, the market for pharmaceutical robots is projected to be worth US$ 683.4 million, growing at a rate of 15.2% annually. The demand for extremely accurate and contaminant-free medications is rising.
-modernization of current pharmaceutical production facilities.
-Worldwide labour shortage, especially in developed economies
Because of the widespread adoption of automation brought about by the fourth industrial revolution, lab automation is now utilised extensively across all industries, including the pharmaceutical industry. Additionally, a significant factor in the growth of the global market for pharmaceutical robots is the requirement for greater precision and accuracy in the manufacturing of pharmaceuticals.
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For example, together Clemson University and Nephron Pharmaceuticals Corporation have launched a benchtop robot capable of filling, capping, and sealing sterile pre-filled syringes, saving money by averting drug overfill and reducing adulteration. Without robots, filling syringes remains a highly regulated process that must be carried out by specialized technicians in ISO-certified clean rooms. The robot is intended to assist hospitals and healthcare facilities in dealing with a scarcity of pre-filled syringes.
Key Takeaways from the Market Study
- Global Pharma Robots Market is expected to reach a market size of US$ 188.6 Mn by 2022.
- The Traditional Robots segment, is expected to account for the highest CAGR of 14.5% during the forecast period.
- United States to remain the most dominant market with an absolute dollar growth opportunity of US$ 153.4 Mn during 2022 – 2032.
- The market in Japan is set to experience the highest CAGR of 16.1% during the 2022-2032 forecast period.
“During the projected period, high dependence on robotics and automation in pharmaceutical companies could boost the demand for Pharma Robots in future.” comments a Future Market Insights analyst.
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Competitive Landscape
The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Pharma Robots Market are focused on R&D to produce innovative technological solutions.
- In December 2021, the Marchesini Group-Neri Division’s BL-A309 was displayed at FCE Pharma, a flexible solution for Print&Check and serialization processes that allow users to swiftly install all of the major pharmaceutical traceability devices on the market, from laser printers to ink-jet technologies.
- In December 2021, Universal Robots launched a virtual pharma event, where managers, experts, and other professionals in the pharmaceutical and medical technology industries learned about the various possibilities that robots provide. Universal Robots can be promising in the pharmaceutical industry and are already generating a significant buzz in the market.
- In May 2021, Fanuc augmented its SCARA robot line to provide more reach and payload alternatives to companies that are looking to automate assembly, packaging, pick-and-place, and inspection processes. New models with payload capacities of 3, 6, and 20 kg are SR-3iA, SR-6iA, SR-12iA, and SR-20iA. The reach of the models ranges from 400 to 1,000 mm.
Market Segments Covered In Pharma Robots Market Analysis
By Product Type:
- Traditional Robots
- Articulated Pharmaceutical Robots
- SCARA Pharmaceutical Robots
- Delta Pharmaceutical Robots
- Cartesian Pharmaceutical Robots
- Dual-arm Pharmaceutical Robots
- Collaborative Pharmaceutical Robots
By Application:
- Robots for Pricking and Packaging
- Robots for Inspection of Pharmaceutical Drugs
- Robots for Laboratory Applications
By End-Use:
- Robots for Pharmaceutical Companies
- Robots for Laboratories Applications
By Region:
- North America
- Latin America
- Europe
- APAC
- MEA
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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