San Francisco, 4 December 2018: The global pharmaceutical robots market is
anticipated to reach USD 430.0 million by 2025, according to a new report by
Grand View Research, Inc. This growth can be attributed to the flourishing
pharmaceutical industry.
The pharmaceutical industry is flourishing
due to huge R&D investments by global players. With increasing drug
discovery and clinical trials, there is growing demand for robotics. To
minimize workload and maintain higher levels of accuracy, automation has become
a significant part of pharmaceutical manufacturing. It increases efficiency,
prevents performance of repetitive activities, and avoids human error &
contamination.
Technological advancement is an important
factor driving growth. The use of robots & automated machines in the field
of pharmaceuticals is still in its nascent stage and expected to grow in the
near future. The automation industry has incorporated a few new techniques such
as collaborative robots and laboratory automation.
Pharmaceutical robotic machines also
minimize manufacturing costs by reducing labor. These machines are 3 to 4 times
faster than humans and have the capacity to work for 24 hours. Reduction in
production cost is expected to raise return on investment in the long run, thus
driving demand for these products in the future.
Access
Research Report of Pharmaceutical Robots
Market @ www.grandviewresearch.com/industry-analysis/pharmaceutical-robots-market
Further Key Findings From the Study Suggest:
· In 2016, traditional robots held the
largest share due to their availability in different types, varied
applications, and increased awareness
· Collaborative robots are expected to
witness highest growth over the forecast period owing to their ability to
easily integrate with existing manufacturing environments and interact with
humans
· Picking and packaging segment dominated the
market in 2016 since almost all types of robotic machines are primarily used
for picking and packaging
· Laboratory applications are anticipated to
propel significant growth over the forecast period due to increasing laboratory
automation and the need to reduce the risk of human contamination
· Pharmaceutical companies were the biggest
contributors to the growth of the market in 2016 owing to a growing number of
new drug development and clinical trials
· Asia Pacific dominated the market in 2016
and is also anticipated to be the biggest driver of growth due to high
penetration of robotic machines in pharma companies in countries such as China
and Japan
· Some of the key players include FANUC
America Corporation; Kawasaki Heavy Industries, Ltd.; ABB Ltd.; Seiko Epson Corporation;
Denso Wave Inc.; Yaskawa Electric Corporation; Universal Robots A/S; and
Marchesini Group S.p.A.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
pharmaceutical robots market on the basis of product, application, end-use, and
region:
Pharmaceutical Robots Product Outlook
(Revenue, USD Million, 2014 - 2025)
·
Traditional
Robots
·
Collaborative Pharmaceutical
Robots
Pharmaceutical Robots Application Outlook
(Revenue, USD Million, 2014 - 2025)
·
Picking and Packaging
·
Inspection of Pharmaceutical Drugs
·
Laboratory Applications
Pharmaceutical Robots End-Use Outlook
(Revenue, USD Million, 2014 - 2025)
·
Pharmaceutical Companies
·
Research Laboratories
Pharmaceutical Robots Regional Outlook
(Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
MEA
Access Press Release of
Pharmaceutical Robots Market@ www.grandviewresearch.com/press-release/global-pharmaceutical-robots-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business decisions,
we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and
healthcare.
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