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Global Industry Hub. (Aug, 2024). Pharmaceutical Robots Market Share & Forecast, 2024 - 2030 Global Industry Hub. Retrieved
Report ID: GIH 1026 | Aug 2024 | Format:
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Global Industry Hub. (Aug, 2024). Pharmaceutical Robots Market Share & Forecast, 2024 - 2030 Global Industry Hub. Retrieved
Pharmaceutical Robots Market size was valued at US$ 215.8 Mn in 2023, registering a CAGR of 9.1% during the forecast period (2024-2030), and the market is projected to be worth US$ 358.2 Mn by 2030.
The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Market Updates, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprint by Global Industry Hub.
Pharmaceutical Robots Market Scope:
Report Coverage | Details |
---|---|
Base Year | 2023 |
Base Year Value | US$ 215.8 Mn |
Forecast Value | US$ 358.2 Mn |
CAGR | CAGR of 9.1% |
Forecast Period | 2024-2030 |
Historical Data | 2019-2022 |
Largest Market | North America |
Fastest Growing Market | Europe |
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The Pharmaceutical Robots market is divided based on product, end user, application, and region. Each category has various sub-segments, and current trends in each segment help producers target specific customers effectively.
Important Features of the Report:
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Product Outlook
Traditional Robots
Articulated Robots
SCARA Robots
Delta/Parallel Robots
Cartesian Robots
Dual-arm Robots
Collaborative Robots
Application Outlook
Picking and Packaging
Inspection of Pharmaceutical Drugs
Laboratory Applications
End-use Outlook
Pharmaceutical Companies
Research Laboratories
Key players in the industry are adopting growth strategies like partnerships, collaborations, mergers and acquisitions, and awareness programs to strengthen their market presence. The report also lists industry players for end users, facilitating communication between manufacturers and consumers.
In March 2024, Olis Robotics entered into a new partnership with Kawasaki Robotics, Inc. This partnership is expected to provide customers the capability to restart production at a faster rate, significantly reduce troubleshooting & downtime expenses by up to 90%, and swiftly access expert support. Olis users can directly connect to their robots through an on-premise device via a secure connection.
In December 2023, Mitsubishi Electric India launched an advanced Factory Automation Systems facility in India. This is expected to expand the company’s global presence and meet the evolving needs of Indian and international markets. The facility aims to optimize delivery efficiency and supply chain capabilities, ensure cost-effectiveness, and empower customers & the wider manufacturing sector with enhanced efficiency & precision.
In December 2023, ABB Robotics and XtalPi formed a strategic partnership to manufacture automated laboratory workstations in China. These automated labs are expected to enhance R&D productivity in biopharmaceuticals, chemistry, chemical engineering, and new energy materials. XtalPi Intelligent Automation utilizes the GoFa cobots to create preparation, filtration, dilution, and reaction, along with Automated Guided Vehicles (AGV), streamlining lab research and development for improved efficiency.
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31 Aug 2024 This Report Contains the Latest Market Numbers, Statistics & Data Aavailable