The global pharmaceutical robots market size is anticipated to reach USD 6,894.1 million by 2026 according to a new report published by Polaris Market Research. The report “Pharmaceutical Robots Market Share, Size, Trends, Industry Analysis Report By Product Type (Traditional Robot (Articulated Robot, SCARA Robot, Delta/Parallel Robot, Cartesian Robot, Dual-Arm Robot), Collaborative Robot); By Application (Picking and Packaging, Laboratory Applications, Inspection of Pharmaceutical Drugs); By End Use (Biopharmaceutical Companies, Research Laboratories); By Regions, Segments & Forecast, 2019 – 2026” provides a complete analysis of present market trends and future insights.
The pharmaceutical robots market is expected to grow at a phenomenal rate owing to an expanding pharmaceutical industry and increasing benefits of automation. Advancements in technological sphere and reduction in production overheads because of automation has witnessed growth at a fast pace.
Machines are utilized in various modes including drug discovery and medical device manufacturing. Robots are lending themselves for even more scientific research which is upcoming trend nowadays. Laboratory automation is the driving segment in this industry. Pharmaceutical robots aid in picking, placing and packaging kits and assays from one point to another. The Robots carry this responsibility owing to which scientists can focus on more important tasks. Use of robots reduces labour drastically that directly reduces the burden on production estimates.
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Robots are categorized into traditional and collaborative robots. Traditional ones seek maximum revenue and are driving growth in the field of automation. But collaborative is expected to reach maximum growth in forecast period due to less maintenance requirements as compared to traditional. The traditional are further segmented into articulated, SCARA (selective compliance articulated robot arm), delta/parallel, cartesian, and others (spherical and dual-arm).
The key players operating in the industry include Fannuca America Corporation, Kawasaki Heavy Industries Ltd., Denso Wave Inc., ABB Ltd., Yasakava Electric Corporation, Universal Robots A/S, Seiko Epson Corporation, Marchesini Group S.P.A, Kuka AG and Mitsubishi Electric Corporation.
Polaris Market research has segmented the Pharmaceutical Robots market on the basis of product type, application, end-use and region.
· Product Type outlook (Revenue USD Millions, 2015 – 2026)
o Traditional
o Articulated
o SCARA
o Delta/Parallel
o Cartesian
o Dual Arm
o Collaborative
· Application Outlook (Revenue USD Millions, 2015 -2026)
o Picking and Packaging
o Laboratory Applications
o Inspection of pharmaceutical drugs
· End-Use Outlook (Revenue USD Millions, 2015 -2026)
o Biopharmaceutical Companies
o Research laboratories
· Regional Outlook (Revenue USD Millions, 2015 -2026)
o North America (U.S., Canada)
o Europe (Germany, UK, France)
o Asia Pacific (China, India, Japan)
o Latin America (Brazil, Mexico)
o MEA
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