Pharmaceutical Robots Market Size, Share & Growth Report 2032

Pharmaceutical Robots Market

Pharmaceutical Robots Market - By Type (Collaborative Robots and Traditional Robots), Application (Pharmaceutical Drugs, Laboratory Applications, Picking and Packaging), End User (Research Laboratories and Pharmaceutical Companies): Global Industry Perspective, Comprehensive Analysis and Forecast 2024 - 2032

Category: Healthcare Report Format : PDF Pages: 225 Report Code: ZMR-3615 Published Date: May-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 201.35 Million USD 428.37 Million 8.75% 2023

Pharmaceutical Robots Market: Industry Perspective

The global pharmaceutical robots market size was worth around USD 201.35 million in 2023 and is predicted to grow to around USD 428.37 million by 2032 with a compound annual growth rate (CAGR) of roughly 8.75% between 2024 and 2032.

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Global Pharmaceutical Robots Market: Overview

Pharmaceutical robots are broadly used in various applications in the medical sector. Many medical divisions, such as pharmacies and laboratories, utilize pharmaceutical robots to execute various drug manufacturing methods. This is primarily due to the high functionality in which these robots can function, which is likely to make them extremely competitive compared to human precision.

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Global Pharmaceutical Robots Market: Growth Factors

The major growth driver in the pharmaceutical robot market is the various benefits these robots offer in pharmaceutical manufacturing. These benefits include high accuracy, better speed, the capability to trace and track, error-free operations, fewer accidents, and enhanced utilization of floor space, among others. Pharmaceutical robots support in packaging and transferring of various materials, like assays and diagnostic kits. This, in turn, helps in reducing human errors and aids scientists to majorly focus on their experiments. The other various applications of robots comprise uncapping, lessening repetitive capping work, and execution of manual pipettes. The robotics sector is likely to witness large-scale technical developments. In the industrial robots sector, pharmaceutical robots are likely to emerge as a separate segment. Different organizations are advancing technically and using developed robotic machines, which is further expected to propel the global pharmaceutical robot market. Several pharmaceutical companies are altering conventional robots with advanced robots that are a combination of robots and humans, due to their capability to provide flexibility and better effectiveness.

Global Pharmaceutical Robots Market: Segmentation

The pharmaceutical robot market is classified in terms of type, application, and end-user.

Based on Type, this global market is bifurcated into collaborative robots and traditional robots. In terms of application, the global market for pharmaceutical robots is categorized into inspection of pharmaceutical drugs, laboratory applications, and picking and packaging. The picking and packaging segments are likely to dominate the market in the upcoming years, owing to personalized packaging configuration demands and various advantages of these robots related to pharmaceutical manufacturing.

Based on end-users, the pharmaceutical robot market is fragmented into research laboratories and pharmaceutical companies.

Pharmaceutical Robots Market: Report Scope

 

Report Attributes Report Details
Report Name Pharmaceutical Robots Market
Market Size in 2023 USD 201.35 Million
Market Forecast in 2032 USD 428.37 Million
Growth Rate CAGR of 8.75%
Number of Pages 225
Key Companies Covered FANUC Corporation, Kawasaki Heavy Industries, Mitsubishi Electric Corporation, KUKA, Denso Corporation, ABB, Universal Robots, Seiko Epson Corporation, Shibuya Corporation, and others.
Segments Covered By Type, By Application, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

 

Global Pharmaceutical Robots Market: Regional Analysis

Based on geography, the global pharmaceutical robot market is categorized into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. The Asia Pacific region is likely to hold a major share of the global pharmaceutical robot market. This can be attributed to the existence of several local pharmaceutical companies in China and Japan, which are expected to propel the pharmaceutical robot market in the Asia Pacific region. The occurrence of major pharmaceutical companies with huge manufacturing units in these regions is projected to fuel the development of this province.

Europe is likely to hold a substantial share of the global market for pharmaceutical robots, owing to the high acceptance of robots in Germany and the initiatives undertaken by the European Union to establish authoritarian standards associated with safety protocols in robotics. North America is projected to offer lucrative development opportunities in the coming future, due to the presence of pharmaceutical companies in the U.S. and the growing number of exhibitions and conferences related to robotics.

Pharmaceutical Robots Market: Competitive Analysis

The global pharmaceutical robots market is dominated by players like:

  • FANUC Corporation
  • Kawasaki Heavy Industries
  • Mitsubishi Electric Corporation
  • KUKA
  • Denso Corporation
  • ABB
  • Universal Robots
  • Seiko Epson Corporation
  • Shibuya Corporation

The global pharmaceutical robots market is segmented as follows:

By Type Segment Analysis

  • Traditional Robots 
    • Articulated Robots
    • Scara Robots
    • Delta/Parallel Robots
    • Cartesian Robots
    • Other Robots
  • Collaborative Pharmaceutical Robots

By Application Segment Analysis

  • Traditional Robots
  • Picking and Packaging 
  • Inspection of Pharmaceutical Drugs
  • Laboratory Applications

Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Pharmaceutical robots are essentially automated assistants in the drug manufacturing and handling world.  Imagine high-tech machines precisely handling tasks like mixing compounds, filling vials, and packaging medications.  These robots enhance efficiency and safety in pharmaceutical processes. They can work tirelessly, minimize human error, and even operate in sterile environments to reduce contamination risks. 

According to a study, the global pharmaceutical robots market size was worth around USD 201.35 million in 2023 and is expected to reach USD 428.37 million by 2032.

The global pharmaceutical robots market is expected to grow at a CAGR of 8.75% during the forecast period.

Asia Pacific is expected to dominate the pharmaceutical robots market over the forecast period.

Leading players in the global pharmaceutical robots market include FANUC Corporation, Kawasaki Heavy Industries, Mitsubishi Electric Corporation, KUKA, Denso Corporation, ABB, Universal Robots, Seiko Epson Corporation, and Shibuya Corporation, among others.

The pharmaceutical robots market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.

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