Pharmaceutical Robots Market Share, Growth & Forecast [2031]

Segments - Pharmaceutical Robots Market by Applications (Laboratory Applications, Picking & Packaging, and Inspection Of Pharmaceutical Drugs), Products (Collaborative Pharmaceutical Robots and Traditional Robots [Cartesian Robots, SCARA Robots, Dual-arm Robots, Delta/Parallel Robots, and Articulated Robots]), End-users (Research Laboratories and Pharmaceutical Companies), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Shruti Bhat

Report Description

The global pharmaceutical robots market size was valued at USD 142.88 million in 2020 and is projected to reach USD 297.38 million by 2028, expanding at a CAGR of 9.1% during the forecast period, 2021-2028. The growth of the market is attributed to the growing need of automation in manufacturing plants and high cost of new drug discovery.

Robotic system are advanced machines that offers automation and are programmed to perform function with multiple axes. Robots can be used 24 hours a day, perform tasks around three or four times faster than humans can, and single robot can do the work of many equipments, thus reduce the amount of space required to build manufacturing plant.

Pharmaceutical Robots Market Key Takeaways

Pharmaceutical industry requires precise and efficient precision in production of therapeutic drugs. Thus, using robots in pharmaceutical manufacturing reduces cost, time and improves quality. Robots are offering benefits in laboratories, vial filling, packaging, drug sorting, kit assembling, and quality inspection. The key use of these robots in pharmaceutical sector is manufacturing of personalized medicine and boosting the production of drugs.

The COVID-19 pandemic outbreak had considerable impact on the market. During the pandemic, the lockdown imposed by government bodies across the globe, resulted in shortage of raw materials, halted production of robots, and affected trade business, which is hampering the market. However, the market is expected to recover soon as manufacturing plants are adopting robots for the production of drugs in limited workforce without compromising on quality, cost, safety, and time.

Market Trends, Drivers, Restraints, and Opportunities

Rising demand of robotics in clinical trials, drug discovery, and laboratories for automation is one of the key factors driving the market growth.
Introducing advanced robotics machines by key companies is projected to boost the market during the forecast period.
High initial installation cost especially in developing countries acts as a major challenge that can restrict the market growth in the coming years.
Lack of experienced and skilled personnel to work in automated manufacturing plant is expected to hamper the market growth during the projected timeline.
Escalating demand for collaborative robots in production plants is anticipated to create significant growth opportunities for the market.

Scope of Pharmaceutical Robots Market Report

The report on the global pharmaceutical robots market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Pharmaceutical Robots Market - Global Industry Analysis, Growth, Share, Size, Trends, And Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Applications (Laboratory Applications, Picking & Packaging, and Inspection Of Pharmaceutical Drugs), Products (Collaborative Pharmaceutical Robots and Traditional Robots [Cartesian Robots, SCARA Robots, Dual-arm Robots, Delta/Parallel Robots, and Articulated Robots]), and End-users (Research Laboratories and Pharmaceutical Companies)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Kawasaki Heavy Industries Ltd.; FANUC America Corp.; Marchesini Group S.p.A; Denso Wave, Inc.; ABB Ltd.; Universal Robots A/S; Yaskawa Electric Corp.; and Seiko Epson Corp.

Pharmaceutical Robots Market Segment Insights

Picking & packaging segment to grow at high CAGR

In terms of applications, the market is segregated into laboratory applications, picking & packaging, and inspection of pharmaceutical drugs. The picking & packaging segment is estimated to grow at high CAGR during the forecast period owing to the robots facilitate high efficiency and precision as well as helps in managing material handling challenges. Moreover, pick and place by robot allows conservation of floor space thereby leading to optimum utilization of workspace, which is major driver of the segment.

On the other hand, the laboratory application segment is anticipated to register significant growth during the projected period attributed to the rise in the diagnostic testing and drug discovery. The segment growth is further accelerated by the use of the pharmaceutical robots in the laboratory applications minimizes the risk of human contamination.

Pharmaceutical Robots Market Applications

Efficient packaging drives the traditional robots segment

Based on products, the global pharmaceutical robots market is bifurcated into collaborative pharmaceutical robots and traditional robots. The traditional robots segment is further divided into cartesian robots, SCARA robots, dual-arm robots, delta/parallel robots, and articulated robots. The traditional robots segment is anticipated to expand at robust growth rate during the forecast period attributed to the benefits offered by it, such as efficient packaging, product placement, loading & unloading, storing & retrieving, stacking, scribing, staking, cutting, and many several such benefits. However, the collaborative pharmaceutical robots segment is projected to expand a considerable CAGR during the forecast period owing to this machines are easy to handle, maintain, and are cost effective than traditional systems.

Pharmaceutical companies segment to grow at rapid pace

On the basis of end-users, the market is bifurcated into research laboratories and pharmaceutical companies. The pharmaceutical companies segmented is expected to grow at a rapid pace during the forecast period owing to the boost in application of robotics in pharmaceutical manufacturing is helping reproducibility and repeatability, while reducing human errors.

Furthermore, surging demand of new drugs, resulting in need of increasing production of drugs by automation equipment is driving the segment growth further. On the other hand, the research laboratories segment is expected to expand at a substantial growth rate in the coming years attributed to the revolutionized R&D sector, increasing need for rapid test analysis, and rising the number of initiatives undertaken by public and private players to promote laboratory automation.

Asia Pacific to constitute a key market share

In terms of region, the global pharmaceutical robots market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to constitute a key share of the market during the projected period owing to the presence of local pharmaceutical companies with their manufacturing units in the region. However, the market of North America is anticipated to grow at a rapid pace during the forecast period due to the high rate of robot installation coupled with the growth in pharmaceutical sector of the region.

Segments

The global pharmaceutical robots market has been segmented on the basis of

Applications

Laboratory Applications
Picking & Packaging
Inspection Of Pharmaceutical Drugs

Products

Collaborative Pharmaceutical Robots
Traditional Robots
- Cartesian Robots
- SCARA Robots
- Dual-arm Robots
- Delta/Parallel Robots
- Articulated Robots

End-users

Research Laboratories
Pharmaceutical Companies

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Kawasaki Heavy Industries Ltd.
FANUC America Corp.
Marchesini Group S.p.A
Denso Wave, Inc.
ABB Ltd.
Universal Robots A/S
Yaskawa Electric Corp.
Seiko Epson Corp.

Competitive Landscape

Key players competing in the global pharmaceutical robots market are Kawasaki Heavy Industries Ltd.; FANUC America Corp.; Marchesini Group S.p.A; Denso Wave, Inc.; ABB Ltd.; Universal Robots A/S; Yaskawa Electric Corp.; and Seiko Epson Corp. Companies are focusing on providing advanced robotics system for pharmaceutical sector to maintain their competitive position in the market. Companies have been widely engaged in strategic partnership, merger & acquisition, new product launch, and collaborations to boost their market share and acquiring new buyers.

Pharmaceutical Robots Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pharmaceutical Robots Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Pharmaceutical Robots Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Pharmaceutical Robots Market - Supply Chain
  4.5. Global Pharmaceutical Robots Market Forecast
     4.5.1. Pharmaceutical Robots Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Pharmaceutical Robots Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Pharmaceutical Robots Market Absolute $ Opportunity
5. Global Pharmaceutical Robots Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Pharmaceutical Robots Market Size and Volume Forecast by Applications
     5.3.1. Laboratory Applications Picking & Packaging Inspection Of Pharmaceutical Drugs
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Pharmaceutical Robots Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Pharmaceutical Robots Market Size and Volume Forecast by End Users
     6.3.1. Research Laboratories Pharmaceutical Companies
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Pharmaceutical Robots Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Pharmaceutical Robots Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Pharmaceutical Robots Demand Share Forecast, 2019-2026
8. North America Pharmaceutical Robots Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Pharmaceutical Robots Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Pharmaceutical Robots Market Size and Volume Forecast by Applications
     8.4.1. Laboratory Applications Picking & Packaging Inspection Of Pharmaceutical Drugs
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Pharmaceutical Robots Market Size and Volume Forecast by End Users
     8.7.1. Research Laboratories Pharmaceutical Companies
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Pharmaceutical Robots Demand Share Forecast, 2019-2026
9. Latin America Pharmaceutical Robots Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Pharmaceutical Robots Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Pharmaceutical Robots Market Size and Volume Forecast by Applications
     9.4.1. Laboratory Applications Picking & Packaging Inspection Of Pharmaceutical Drugs
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Pharmaceutical Robots Market Size and Volume Forecast by End Users
     9.7.1. Research Laboratories Pharmaceutical Companies
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Pharmaceutical Robots Demand Share Forecast, 2019-2026
10. Europe Pharmaceutical Robots Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Pharmaceutical Robots Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Pharmaceutical Robots Market Size and Volume Forecast by Applications
     10.4.1. Laboratory Applications Picking & Packaging Inspection Of Pharmaceutical Drugs
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Pharmaceutical Robots Market Size and Volume Forecast by End Users
     10.7.1. Research Laboratories Pharmaceutical Companies
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Pharmaceutical Robots Demand Share Forecast, 2019-2026
11. Asia Pacific Pharmaceutical Robots Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Pharmaceutical Robots Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Pharmaceutical Robots Market Size and Volume Forecast by Applications
     11.4.1. Laboratory Applications Picking & Packaging Inspection Of Pharmaceutical Drugs
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Pharmaceutical Robots Market Size and Volume Forecast by End Users
     11.7.1. Research Laboratories Pharmaceutical Companies
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Pharmaceutical Robots Demand Share Forecast, 2019-2026
12. Middle East & Africa Pharmaceutical Robots Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Pharmaceutical Robots Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Pharmaceutical Robots Market Size and Volume Forecast by Applications
     12.4.1. Laboratory Applications Picking & Packaging Inspection Of Pharmaceutical Drugs
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Pharmaceutical Robots Market Size and Volume Forecast by End Users
     12.7.1. Research Laboratories Pharmaceutical Companies
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Pharmaceutical Robots Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Pharmaceutical Robots Market: Market Share Analysis
  13.2. Pharmaceutical Robots Distributors and Customers
  13.3. Pharmaceutical Robots Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Kawasaki Heavy Industries Ltd. FANUC America Corp. Marchesini Group S.p.A Denso Wave, Inc. ABB Ltd. Universal Robots A/S