Pharmaceutical Robots Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2022-2030

Published Date : Mar 2021 | No. of Pages : 250 Pages | Category : Healthcare

The global Pharmaceutical Robots market size is expected to be worth around US$ 397.4 million by 2030, according to a new report by Vision Research Reports.

The global Pharmaceutical Robots market size was valued at US$ 1150.9 million in 2020 and is anticipated to grow at a CAGR of 9.10% during forecast period 2021 to 2030.

Growth Factors

The growing pharmaceutical industry and numerous benefits offered by robotic systems in product manufacturing, such as improved production output and product quality, increased production flexibility, lesser space utilization, no labor turnover, low operating costs, enhanced health and safety, reduced production downtime, and better waste management, are driving the adoption of these products, thereby aiding the market growth. According to an article published by Mint in April 2020, the adoption and usage of robotic technology are expected to increase in India across all types of healthcare settings, despite their high prices, owing to the availability of a smaller number of healthcare professionals for more than 1.3 billion population.

In 2020, the traditional robots product segment accounted for the largest revenue share owing to its increasing adoption in material handling, picking and packaging, palletizing, and inspection. Collaborative robots are anticipated to register the fastest growth rate during the forecast period. Many companies are replacing traditional with collaborative robots or cobots, which is a combination of humans and robotics. The adoption of cobots is significantly increasing as they combine repetitive tasks of robots and the individual skills of humans to bring in efficiency in manufacturing processes. These machines are also cheaper and easier to operate and maintain as compared to the traditional ones.

In 2020, the picking and packaging application segment accounted for the largest revenue share and is anticipated to witness the fastest growth during the forecast period. This growth can mainly be attributed to the high demand for personalized packaging and benefits associated with this segment, including high speed, efficient track and trace, and optimum utilization of the floor space. In addition, all the traditional robotic solutions are mainly used for picking and packaging. For instance, 6-axis articulated robots such as VP-6242G and VS-068A2 developed by Denso Wave Incorporated enable picking and packaging.

In 2020, the pharmaceutical companies end-use segment accounted for the largest revenue share and is anticipated to register the fastest growth rate during the forecast period. This is attributed to the increasing usage of robotics in drug discovery and development. In addition, pharmaceutical companies are involved in developing personalized medicine, which further supports the growth of the segment. Research laboratories are anticipated to witness significant growth during the forecast period owing to the ability of these automated solutions to perform repetitive tasks, such as moving test tubes and fluids, during drug discovery-related activities, facilitating a high rate of consistency and accuracy.

In 2020, Asia Pacific dominated the market and is anticipated to register the fastest growth rate during the forecast period. The rise in the demand for the production of drugs and the development of robotic machines for performing tasks with high speed, reduced risk of contamination, accuracy, and optimum utilization of space among pharmaceutical companies is boosting the regional market growth. Moreover, a rise in the number of initiatives undertaken by the government to increase the adoption of industrial robots is further aiding the regional market growth. For instance, in 2016, the Chinese government launched the Robotics Industry Development Plan (2016-2020), aimed at promoting robot applications to a wider range of fields and attracting foreign investment, to develop 100,000 industrial robots produced by domestic technology annually by 2020.

Report Highlights

traditional robots accounted for the largest share of 64.1%. The segment is further divided into articulated, SCARA, delta/parallel, cartesian, and dual-arm robots. Benefits associated with the adoption of these products in various industrial automation applications, including pick and place material handling, loading and unloading, packaging, palletizing and depalletizing, storing and retrieving, product placement, stacking, cutting, scribing, sorting, process-to-process transferring, and precision spot welding, are positively contributing to the segment growth.

The collaborative robots segment is anticipated to witness the fastest growth during the forecast period. These machines are cheaper and easier to handle and maintain in comparison to the traditional solutions. They are also lightweight and require minimum skills to handle, which, in turn, is revolutionizing manufacturing units. They work along with humans, unlike traditional robots that are used to substitute them. Many pharmaceutical companies have been replacing traditional robots with collaborative robots to increase flexibility and efficiency. For instance, UR3 ROBOT, manufactured by Universal Robots A S., assists in picking and placing, injection molding, and lab analysis.

In 2020, picking and packaging accounted for the largest share of 53.9% and is anticipated to witness the fastest growth during the forecast period. Robots facilitate high precision and efficiency as well as help manage material handling challenges. Pick and place allow conservation of floor space due to the need for limited work envelope, thereby leading to optimum utilization of workspace. For instance, Epson RS4, manufactured by Seiko Epson Corporation, is used for picking and packaging in the pharmaceutical industry. Cobots are also widely used for picking and packaging in the pharmaceutical industry owing to the growing need for these applications, coupled with the lack of skilled labor in the market.

A rise in drug discovery and diagnostic testing has led to the high growth of laboratory applications in the pharmaceutical robots market. In addition, laboratory automation through robotic machines minimizes the potential for human contamination. For instance, MYS850L, developed by YASKAWA Europe GmbH, facilitates laboratory automation. Other laboratory applications include vial handling. Robots have the capability to handle 10 vials at a time. Thus, pharmaceutical robots used in laboratories help improve the efficiency and quality of the products, with high throughput analysis. As a result, this segment is expected to witness considerable growth in the near future.

The pharmaceutical companies accounted for the largest share of 66.9% in 2020. The segment is expected to witness the fastest growth over the forecast period. Pharmaceutical companies allow robot-assisted activities, which include picking and packaging, inspection of drugs, and in-house laboratory applications. In addition, the increasing application of robotics in pharmaceutical manufacturing is aiding repeatability and reproducibility, while reducing human errors. The rise in the demand for new drugs has resulted in increased productivity by facilitating the adoption of automated equipment by pharmaceutical companies.

The adoption of pharmaceutical robots is further increasing among research laboratories owing to the increasing usage of robots in these facilities. Laboratory automation has revolutionized the R&D sector and facilitated rapid test analysis. In addition, benefits offered by robots in laboratory applications, such as higher consistency, better record-keeping, product integrity, and traceability, a rise in demand for efficient workflow management in research laboratories, and the rise in the number of initiatives being undertaken by private and public players to promote automation are among the key factors boosting the adoption of pharmaceutical robots solutions, thereby aiding the market growth.

Asia Pacific accounted for the largest share of 41.9% in 2020 and is anticipated to witness the fastest growth during the forecast period. This is attributed to the presence of a large number of local pharmaceutical companies in countries, such as Japan. In addition, in 2019, China was the largest market for , according to the International Federation of Robotics (IFR). According to an article published by Robotics & Automation in October 2020, China accounted for the largest share (140,500 units) of industrial robot installations around the world. This was mainly the result of a considerable increase in sales in China. Thus, leading pharmaceutical companies with vast manufacturing units in these countries are expected to propel the growth of this regional market.

The growth of the North American market can be attributed to a large number of robot installations in the region. According to the IFR, 33,000 industrial robots were sold in the U.S. in 2017. Hence, North America has a significantly high penetration of pharmaceutical robots, and this number is expected to grow in the near future due to a rise in the number of pharmaceutical companies in the country. The IFR also stated that North America is in the process of strengthening its pharmaceutical manufacturing units to compete with the global market through the automation of its production facilities.

Key Players

  • ABB Ltd.

  • Universal Robots A/S

  • Kawasaki Heavy Industries Ltd.

  • Yaskawa Electric Corporation

  • FANUC America Corporation

  • Marchesini Group S.p.A

  • Seiko Epson Corporation

  • Denso Wave, Inc.

Market Segmentation

  • Product Outlook 

    • Traditional Robots

      • Articulated Robots

      • SCARA Robots

      • Delta/Parallel Robots

      • Cartesian Robots

      • Dual-arm Robots

    • Collaborative Pharmaceutical Robots

  • Application Outlook 

    • Picking and Packaging 

    • Inspection of Pharmaceutical Drugs 

    • Laboratory Applications

  • End-use Outlook 

    • Pharmaceutical Companies

    • Research Laboratories

  • Regional Outlook 

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

    • Asia Pacific

      • Japan

      • China

      • India

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa

      • South Africa

The Pharmaceutical Robots market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Pharmaceutical Robots market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Pharmaceutical Robots market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Pharmaceutical Robots market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Pharmaceutical Robots market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Pharmaceutical Robots capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Pharmaceutical Robots by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Pharmaceutical Robots market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Pharmaceutical Robots market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Pharmaceutical Robots market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Pharmaceutical Robots industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Pharmaceutical Robots market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Pharmaceutical Robots market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Pharmaceutical Robots market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Pharmaceutical Robots market. These factors have benefited the growth of the global market for Pharmaceutical Robots. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Pharmaceutical Robots. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Pharmaceutical Robots are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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