Vision Research Report, Recently Announced New Report on “pharmaceutical robots market – Global Industry Analysis, Market Size, Share, Growth, Trends, Region Outlook, And Segment Forecasts, 2021 – 2030″.
Global “pharmaceutical robots market” Report 2021 covering manufacturers, regions, segments, forecast to 2030 is that the recent research report with correct information and extremely authentic info. The report provides insights on market share, market size, rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. The pharmaceutical robots research report focuses on the competitive surroundings that has section on company profile covering product specifications, geographical coverage, recent developments, revenue analysis, and market shares. what is more, the report offers strategic recommendations so as to help the consumers to align business goals.
The pharmaceutical robots market revenue share is set to grow at a yearly rate of 19.3% during 2021-2030, while its valuation is Projected to jump from $ 142.9 million in 2020 to $397.4 million in 2030.
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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.
Global pharmaceutical robots market report provides key statistics on the state of the trade and could be a valuable supply of steerage and direction for corporations and people curious about the market. The pharmaceutical robots trade trends and promoting channels analysed. pharmaceutical robots Market discovers numerous topics like regional market scope, product market numerous applications, market size consistent with specific product, sales and revenue by region, producing analysis, Industrial Chain, Market result Factors Analysis, market size forecast, and more. Finally, the practicableness of latest investment comes is evaluated and overall analysis conclusions offered.
Key Players
Market Segmentation
Global Pharmaceutical robots Market: Drivers and Restrains
The analysis report has incorporated the analysis of various factors that augment the market’s growth. It constitutes trends, restraints, and drivers that remodel the market in either a positive or negative manner. This section additionally provides the scope of various segments and applications that may probably influence the market within the future. The elaborated info is predicated on current trends and historic milestones. This section additionally provides an analysis of the amount of production regarding the world market and regarding every kind from 2021-2030.
COVID-19 impact on the Pharmaceutical robots market
COVID-19 is associate communicable disease caused by the novel coronavirus. for the most part unknown before this happening across the world, COVID-19 has captive from a regional crisis to a worldwide pandemic in precisely a matter of a number of weeks. the world Health Organization (WHO) declared COVID-19 as an epidemic on March 11, 2021.
COVID-19 has compact most the industries across the world by disrupting provide chains and impeding numerous industrial operations. COVID-19-responsive measures undertaken by governments, like lockdown and social distancing, led to the closure of producing plants in the initial stage of the pandemic. With only a few industrial operations allowed, the demand for numerous input product within the industrial sector has declined considerably.
Key Highlights Involved in the Market Research Report: –
pharmaceutical robots Market Study Coverage: It includes key market segments, key makers covered, the scope of product offered within the years thought of, world pharmaceutical robots Market and study objectives. in addition, it touches the segmentation study provided within the report on the idea of the sort of product and applications.
Pharmaceutical robots Market executive Summary: This section emphasizes the key studies, market rate, competitive landscape, market drivers, trends, and problems additionally to the gross indicators.
Pharmaceutical robots Market Production by Region: The report delivers knowledge associated with import and export, revenue, production, and key players of all regional markets studied area unit coated during this section.
Pharmaceutical robots Market Profile of Manufacturers: Analysis of every market player profiled is elaborated during this section. This section conjointly provides SWOT analysis, products, production, value, capacity, and different very important factors of the individual player.
The report delivers a comprehensive study of all the segments and shares info concerning the leading regions within the market. This report additionally states import/export consumption, offer and demand Figures, cost, business share, policy, price, revenue, and gross margins.
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Pharmaceutical Robots Market, By Product
7.1. Pharmaceutical Robots Market, by Product Type, 2020-2027
7.1.1. Traditional Robots
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Collaborative Pharmaceutical Robots
7.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Pharmaceutical Robots Market, By Application
8.1. Pharmaceutical Robots Market, by Application, 2020-2027
8.1.1. Picking and Packaging
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Inspection of Pharmaceutical Drugs
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Laboratory Applications
8.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Pharmaceutical Robots Market, By End-use
9.1. Pharmaceutical Robots Market, By End-use, 2020-2027
9.1.1. Pharmaceutical Companies
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Research Laboratories
9.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 10. Global Pharmaceutical Robots Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.3. Market Revenue and Forecast, By End-use (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.5.3. Market Revenue and Forecast, By End-use (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.3. Market Revenue and Forecast, By End-use (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.5.3. Market Revenue and Forecast, By End-use (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.6.3. Market Revenue and Forecast, By End-use (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.7.3. Market Revenue and Forecast, By End-use (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.3. Market Revenue and Forecast, By End-use (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.5.3. Market Revenue and Forecast, By End-use (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.6.3. Market Revenue and Forecast, By End-use (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.7.3. Market Revenue and Forecast, By End-use (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.5.3. Market Revenue and Forecast, By End-use (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.6.3. Market Revenue and Forecast, By End-use (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.7.3. Market Revenue and Forecast, By End-use (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.3. Market Revenue and Forecast, By End-use (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.4.3. Market Revenue and Forecast, By End-use (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.5.3. Market Revenue and Forecast, By End-use (2016-2027)
Chapter 11. Company Profiles
11.1. ABB Ltd.
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Universal Robots A/S
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Kawasaki Heavy Industries Ltd.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Yaskawa Electric Corporation
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. FANUC America Corporation
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Marchesini Group S.p.A
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Seiko Epson Corporation
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Denso Wave, Inc.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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