PUBLISHER: Grand View Research | PRODUCT CODE: 1097148
PUBLISHER: Grand View Research | PRODUCT CODE: 1097148
Pharmaceutical Robots Market Size, Share & Trends Analysis Report By Product (Traditional Robots, Collaborative Robots), By Application (Picking & Packaging, Laboratory Applications), By End-use, By Region, And Segment Forecasts, 2022 - 2030
Pharmaceutical Robots Market Growth & Trends:
The global pharmaceutical robots market size is expected to reach USD 357.9 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.2% from 2022 to 2030. 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. The market is seeing opportunities due to the COVID-19 pandemic. Pharmaceutical companies looking to capitalize on prospects in North America and Europe are increasingly turning to robots. According to the Robotic Industries Association (IRA), orders for robots from North American life science companies increased by 69% in 2020 compared to 2019.
The COVID-19 outbreak has prompted the pharmaceutical industry to increase its use of robots to optimize procedures. Robots will continue to be deployed in North America and Europe to cut the process's costs and complexity. It has recently gained interest as a solution to medicine shortages caused by production delays. Pharmaceutical companies are anticipated to form partnerships with robotics solution providers to incorporate robotics into manufacturing, medication development, and anti-counterfeiting procedures. As companies increase their investments in the pharmaceutical sector, the use of robots may grow in the coming years.
In 2021, 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 2021, 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 2021, 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 2021, 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.
Pharmaceutical Robots Market Report Highlights:
- The market growth is attributed to various technological advancements and increasing investments in the robotics sector
- In terms of product, traditional robots dominated the market in 2021 owing to the availability of different types of traditional products for specific applications
- Based on application, the picking and packaging segment dominated the market in 2021 owing to a rise in demand for personalized packaging
- By end use, pharmaceutical companies dominated the market in 2021 owing to the rapid rate of drug discovery and high investments by the companies
- Asia Pacific dominated the market in 2021 owing to the booming pharmaceutical and industrial robotics market in the region
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Research Methodology
- 1.1.1 Information Procurement
- 1.1.1.1 Purchased database:
- 1.1.1.2 GVR's internal database
- 1.1.2 Primary Research:
- 1.1.3 Global Market: CAGR Calculation
- 1.1.1 Information Procurement
- 1.2 Region-based Segment Share Calculation
- 1.3 Research Scope and Assumptions
- 1.4 List of Secondary Sources
- 1.5 List of Primary Sources
- 1.5.1 Primary Interview Breakup
- 1.5.1.1 Data for primary interviews, by sources
- 1.5.1.2 Data for primary interviews, by region
- 1.5.1 Primary Interview Breakup
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Segment Outlook
- 2.3 Competitive Insights
- 2.4 Pharmaceutical Robots Market Snapshot
Chapter 3 Pharmaceutical Robots Market Variables, Trends & Scope
- 3.1 Market Segmentation
- 3.2 Market Driver Analysis
- 3.2.1 Growing Demand For Esthetic Procedures
- 3.2.2 Introduction Of Technologically Advanced Products
- 3.2.3 Significant Need For Reduction Of Production Cost
- 3.3 Market Restraint Analysis
- 3.3.1 High Cost Of Robots
- 3.3.2 Lack Of Skilled Personnel In Automated Manufacturing Units
- 3.4 Key Opportunities Prioritized
- 3.4.1 Key Opportunities Prioritized, By Product
- 3.4.2 Key Opportunities Prioritized, By Application
- 3.4.3 Key Opportunities Prioritized, By End-use
- 3.5 Pharmaceutical Robots - SWOT Analysis, By Factor (political & legal, economic, and technological)
- 3.5.1 Political And Legal Landscape
- 3.5.2 Economic And Social Landscape
- 3.5.3 Environment And Technology Landscape
- 3.6 Industry Analysis - Porter's
- 3.6.1 Bargaining Power Of Suppliers - Low
- 3.6.2 Bargaining Power Of The Buyers - Moderate
- 3.6.3 Threat Of Substitution - Moderately Low
- 3.6.4 Threats Of New Entrants - Low
- 3.6.5 Competitive Rivalry - High
- 3.7 Pharmaceutical Robots Market: Company Market Position Analysis, 2021
Chapter 4 Global Pharmaceutical Robots Market: Product Estimates & Trend Analysis
- 4.1 Segment Dashboard
- 4.2 Pharmaceutical Robots Market: Product Analysis, USD Million, 2021 & 2030
- 4.2.1 Traditional Robots
- 4.2.1.1 Traditional Robots market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.1.2 Articulated robots
- 4.2.1.2.1 Articulated robots market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.1.3 SCARA robots
- 4.2.1.3.1 SCARA robots market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.1.4 Delta/Parallel robots
- 4.2.1.4.1 Delta/Parallel robots market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.1.5 Cartesian robots
- 4.2.1.5.1 Cartesian robots market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.1.6 Dual-arm Robots
- 4.2.1.6.1 Dual-arm robots market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.2 Collaborative Robots
- 4.2.2.1 Collaborative Robots market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.1 Traditional Robots
Chapter 5 Pharmaceutical Robots Market: Application Estimates & Trend Analysis
- 5.1 Segment Dashboard
- 5.2 Pharmaceutical Robots Market: Application Analysis, USD Million, 2021 & 2030
- 5.2.1 Picking and packaging market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.2.2 Inspection of Pharmaceutical Drugs market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.2.3 Laboratory Applications
- 5.2.3.1 Laboratory applications market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 6 Pharmaceutical Robots Market: End-use Estimates & Trend Analysis
- 6.1 Segment Dashboard
- 6.2 Pharmaceutical Robots Market: End-use Analysis, USD Million, 2021 & 2030
- 6.2.1 Pharmaceutical Companies market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.2.2 Research Laboratories market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 7 Pharmaceutical Robots Market: Regional Estimates & Trend Analysis: By Product, Application and End-use
- 7.1 Regional Market Snapshot
- 7.2 Pharmaceutical Robots Market Movement Analysis, By Region, 2021 & 2030, USD Million
- 7.3 North America
- 7.3.1 North America Pharmaceutical Robots Market Estimates And Forecasts, 2017 - 2030 (USD Million)
- 7.3.2 U.S.
- 7.3.2.1 U.S. Pharmaceutical Robots Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.3.3 Canada
- 7.3.3.1 Canada Pharmaceutical Robots Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.4 Europe
- 7.4.1 Europe Pharmaceutical Robots Market Estimates And Forecasts, 2017 - 2030 (USD Million)
- 7.4.2 Germany
- 7.4.2.1 Germany Pharmaceutical Robots MARKET estimates and forecasts, 2017 - 2030 (USD Million)
- 7.4.3 U.K.
- 7.4.3.1 U.K. Pharmaceutical Robots MARKET estimates and forecasts, 2017 - 2030 (USD Million)
- 7.5 APAC
- 7.5.1 APAC Pharmaceutical Robots Market Estimates And Forecasts, 2017 - 2030 (USD Million)
- 7.5.2 China
- 7.5.2.1 China Pharmaceutical Robots Market Estimates And Forecasts, 2017 - 2030 (USD Million)
- 7.5.3 India
- 7.5.3.1 India Pharmaceutical Robots Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.5.4 Japan
- 7.5.4.1 Japan Pharmaceutical Robots Market Estimates and forecasts, 2017 - 2030 (USD Million)
- 7.6 Latin America
- 7.6.1 Latin America Pharmaceutical Robots Market Estimates And Forecasts, 2017 - 2030 (USD Million)
- 7.6.2 Brazil
- 7.6.2.1 Brazil Pharmaceutical Robots Market Estimates And Forecasts, 2017 - 2030 (USD Million)
- 7.6.3 Mexico
- 7.6.3.1 Mexico Pharmaceutical Robots Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.7 MEA
- 7.7.1 MEA Pharmaceutical Robots Market Estimates And Forecasts, 2017 - 2030 (USD Million)
- 7.7.2 South Africa
- 7.7.2.1 South Africa Pharmaceutical Robots Market Estimates And Forecasts, 2017 - 2030 (USD Million)
Chapter 8 Competitive Landscape
- 8.1 Company Profiles
- 8.1.1 Kawasaki Heavy Industries, Ltd.
- 8.1.1.1 Company Overview
- 8.1.1.2 Financial Performance
- 8.1.1.3 Product Benchmarking
- 8.1.1.4 Strategic initiatives
- 8.1.2 FANUC America Corporation (FANUC Corporation)
- 8.1.2.1 Company Overview
- 8.1.2.2 Financial Performance
- 8.1.2.3 Product Benchmarking
- 8.1.2.4 Strategic Initiatives
- 8.1.3 ABB
- 8.1.3.1 Company Overview
- 8.1.3.2 Financial Performance
- 8.1.3.3 Product Benchmarking
- 8.1.3.4 Strategic Initiatives
- 8.1.4 Yaskawa Electric Corporation
- 8.1.4.1 Company Overview
- 8.1.4.2 Financial Performance
- 8.1.4.3 Product Benchmarking
- 8.1.4.4 Strategic Initiatives
- 8.1.5 Denso Wave Incorporated (Denso Corporation)
- 8.1.5.1 Company Overview
- 8.1.5.2 Financial Performance
- 8.1.5.3 Product Benchmarking
- 8.1.5.4 Strategic Initiatives
- 8.1.6 Seiko Epson Corporation
- 8.1.6.1 Company Overview
- 8.1.6.2 Financial Performance
- 8.1.6.3 Product Benchmarking
- 8.1.6.4 Strategic Initiatives
- 8.1.7 Marchesini Group S.p.A
- 8.1.7.1 Company Overview
- 8.1.7.2 Financial Performance
- 8.1.7.3 Product Benchmarking
- 8.1.7.4 Strategic Initiatives
- 8.1.1 Kawasaki Heavy Industries, Ltd.
List of Tables
- Table 1 Factors used in segment share estimation
- Table 2 List of secondary data sources
- Table 3 Primary interview details, by source
- Table 4 Primary interview details, by region
- Table 5 North America pharmaceutical robots market, by country, 2017 - 2030 (USD Million)
- Table 6 North America pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 7 North America traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 8 North America pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 9 North America pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 10 U.S. pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 11 U.S. traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 12 U.S. pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 13 U.S. pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 14 Canada pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 15 Canada traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 16 Canada pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 17 Canada pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 18 Europe pharmaceutical robots market, by country, 2017 - 2030 (USD Million)
- Table 19 Europe pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 20 Europe traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 21 Europe pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 22 Europe pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 23 Germany pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 24 Germany traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 25 Germany pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 26 Germany pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 27 U.K. pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 28 U.K. traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 29 U.K. pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 30 U.K. pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 31 Asia Pacific pharmaceutical robots market, by country, 2017 - 2030 (USD Million)
- Table 32 Asia Pacific pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 33 Asia Pacific traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 34 Asia Pacific pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 35 Asia Pacific pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 36 China pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 37 China traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 38 China pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 39 China pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 40 Japan pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 41 Japan traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 42 Japan pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 43 Japan pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 44 India pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 45 India traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 46 India pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 47 India pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 48 Latin America pharmaceutical robots market, by country, 2017 - 2030 (USD Million)
- Table 49 Latin America pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 50 Latin America traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 51 Latin America pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 52 Latin America pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 53 Brazil pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 54 Brazil traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 55 Brazil pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 56 Brazil pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 57 Mexico pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 58 Mexico traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 59 Mexico pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 60 Mexico pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 61 MEA pharmaceutical robots market, by country, 2017 - 2030 (USD Million)
- Table 62 MEA pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 63 MEA traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 64 MEA pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 65 MEA pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
- Table 66 South Africa pharmaceutical robots market, by product, 2017 - 2030 (USD Million)
- Table 67 South Africa traditional robots market, by type, 2017 - 2030 (USD Million)
- Table 68 South Africa pharmaceutical robots market, by application, 2017 - 2030 (USD Million)
- Table 69 South Africa pharmaceutical robots market, by end-use, 2017 - 2030 (USD Million)
List of Figures
- Fig. 1 Market research process
- Fig. 2 Information procurement
- Fig. 3 Primary research pattern
- Fig. 4 Primary interviews, by sources
- Fig. 5 Primary interviews, by region
- Fig. 6 Pharmaceutical robots market summary, 2021 (USD Million)
- Fig. 7 Pharmaceutical robots market trends & outlook
- Fig. 8 Pharmaceutical robots market segmentation
- Fig. 9 Market driver analysis (Current & future impact)
- Fig. 10 Market restraint analysis (Current & future impact)
- Fig. 11 Key opportunities prioritized, product
- Fig. 12 Key opportunities prioritized, application
- Fig. 13 Key opportunities prioritized, end-use
- Fig. 14 Pharmaceutical robots market: Heat map analysis, 2021
- Fig. 15 Pharmaceutical robots market, product outlook key takeaways (USD Million)
- Fig. 16 Pharmaceutical Robots market: Product movement analysis (USD Million), 2021 & 2030
- Fig. 17 Traditional Robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 18 Articulated robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 19 SCARA robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 20 Delta/Parallel robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 21 Cartesian robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 22 Dual-arm robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 23 Collaborative robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 24 Pharmaceutical robots market, application outlook key takeaways (USD Million)
- Fig. 25 Pharmaceutical robots market: Application movement analysis (USD Million), 2021 & 2030
- Fig. 26 Picking and Packaging market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 27 Inspection of pharmaceutical drugs market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 28 Laboratory applications market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 29 Pharmaceutical robots market, end-use outlook key takeaways (USD Million)
- Fig. 30 Pharmaceutical robots market: End-use movement analysis (USD Million) 2020 & 2028
- Fig. 31 Pharmaceutical companies market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 32 Research laboratories market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 33 Regional marketplace: Key takeaways
- Fig. 34 Pharmaceutical Robots market: Regional outlook, 2021 & 2030 (USD Million)
- Fig. 35 North America pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 36 U.S. pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 37 Canada pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 38 Europe pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 39 Germany pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 40 U.K. pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 41 APAC pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 42 China pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 43 India pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 44 Japan pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 45 Latin America pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 46 Brazil pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 47 Mexico pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 48 MEA pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 49 South Africa pharmaceutical robots market estimates and forecasts, 2017 - 2030 (USD Million)
