Benefits offered by robotic systems in
pharmaceutical manufacturing is a key factor driving the growth of
pharmaceutical robots market.
[141 Pages Report] The overall pharmaceutical
robotic systems market is expected to grow from USD 64.37 million in 2016
to USD 119.46 million by 2021, at a CAGR of 13.2% from 2016 to 2021.
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Market Segmentation
Based on type, the
market is segmented into traditional robots and collaborative robots. The
traditional robots segment is expected to command the largest share of the
global market. The traditional robots segment is further categorized into
articulated, SCARA (selective compliance articulated robot arm),
delta/parallel, Cartesian, and other robots (which include spherical and dual-arm
robots).
On the basis of application, the global pharmaceutical robots market is
segmented into picking and packaging, inspection of pharmaceutical drugs, and
laboratory applications. In 2016, the picking and packaging segment accounted
for the largest share of the global pharmaceutical robots market. Factors such
as demand for personalized packaging configurations and advantages of robots in
pharmaceutical manufacturing such as high speed, accuracy, ability to track and
trace, error-free operation, fewer accidents, and better utilization of the
floor space are contributing to the large share of the picking and packaging segment.
Regional Analysis:
Asia-Pacific accounted for the largest share of the global market. This segment is also projected to register the highest CAGR of 14.1% during the forecast period. Factors such as the increase in domestic industrial robot companies, flourishing pharmaceutical industry, increasing number of conferences and exhibitions, investment and funding in the robots industry, and Japan’s Robot Strategy are driving the growth of the APAC pharmaceutical robots market.
Key Market Players:
Kawasaki Heavy Industries Ltd. (Japan), FANUC Corporation
(Japan), KUKA AG (Germany), Mitsubishi Electric Corporation (Japan), ABB Ltd.
(Switzerland), Denso Corporation (Japan), Seiko Epson Corporation (Japan),
Marchesini Group S.p.A (Italy), Universal Robots A/S (Denmark), Yaskawa
Electric Corporation (Japan), and Shibuya Corporation (Japan)