Pharmaceutical Robot Market
Pharmaceutical Robot Market Analysis by Traditional Robots and Collaborative Robots for Picking & Packaging, Drug Inspection, and Laboratories from 2023 to 2033
Analysis of Pharmaceutical Robot Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Pharmaceutical Robot Market Outlook (2023 to 2033)
According to a detailed research report by Fact.MR, the global pharmaceutical robot market size was valued at US$ 211 Million in 2022. Over the assessment period (2023 to 2033), the market is forecasted to advance at a CAGR of 6.7% and reach a valuation of US$ 431 Million by 2033-end.
Shortage of laborers in the pharmaceutical sector for intricate and repetitive tasks is predicted to boost worldwide demand for robots. They are projected to fill the gap while performing precise and monotonous tasks consistently and reducing dependency on human beings while ensuring effective production.
Prominent Market Growth Drivers
- Growing demand for pharmaceutical robots is attributed to their unparalleled accuracy and precision in tasks, including drug packaging, compounding, and dispensing owing to the ability to handle different delicate procedures that too with minimal effort.
- Ongoing advancements in machine learning, artificial intelligence, and robotics technology are leading to the development of more capable and smarter robots.
The Industrial Revolution 4 led to the widespread adoption of automation across different industries, including the pharmaceutical sector. Furthermore, rising need for higher accuracy and precision in medicine manufacturing is estimated to become one of the contributing reasons for the increased demand for pharmaceutical robots.
- Demand for traditional robots is predicted to increase at a CAGR of 5% and reach a market value of US$ 201.6 million by 2033.
- Sales of pharmaceutical robots in China are projected to expand at 6.2% CAGR and reach US$ 60.8 million by the end of 2033.
Several issues associated with drug development, including mistake reduction and cost savings, are projected to help in the application of robots in the manufacturing of pharmaceuticals. Different robot-enabled solutions help cut down expenditures with assured quality, which is further contributing to increased sales of robots in this industry. Governments from different countries are emphasizing the deployment of pharma robots in various publicly funded pharmaceutical organizations, which is further strengthening the position of players.
| Report Attributes | Details |
|---|---|
| Pharmaceutical Robot Market Size (2022A) | US$ 211 Million |
| Estimated Market Value (2023E) | US$ 225.2 Million |
| Forecasted Market Value (2033F) | US$ 431 Million |
| Global Market Growth Rate (2023 to 2033) | 6.7% CAGR |
| United States Market Value (2022) | US$ 61.5 Million |
| Demand Projection for Traditional Robots (2033) | US$ 201.6 Million |
| Japan Market Growth Rate (2023 to 2033) | 5.5% CAGR |
| Germany Market Growth Rate (2023 to 2033) | 4.7% CAGR |
| Key Companies Profiled | ABB Ltd.; Universal Robots A/S; Denso Wave Inc.; KUKA AG; Denso Corporation; Epson India Pvt. Ltd.; FANUC Corporation; Mitsubishi Electric Corporation; Marchesini Group S.p.A.; Seiko Epson Corporation; Transcriptic Inc.; Shibuya Corporation; Yaskawa Electric Corporation; Kawasaki Heavy Industries Ltd. |
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Why are Pharmaceutical Robots Gaining Immense Popularity across the World?
“Rising Geriatric Population and Growing Prevalence of Chronic Diseases”
Escalating demand for medicines is generating the need for enhanced productivity, precision, and efficiency in pharmaceutical manufacturing procedures. In addition, the rising geriatric population and growing prevalence of chronic diseases necessitate a continuous supply of multiple pharmaceutical treatments, which is in turn generating demand for pharmaceutical robots for process optimization.
Advancements in the medical sector are predicted to enhance the range of different treatment conditions, leading to the development of various pharmaceutical products ranging from personalized medicines to some complex biopharmaceuticals. Moreover, robotics technology is emerging as a solution that can execute intricate tasks with unparalleled speed and accuracy, ensuring the effective production of different medicines.
“Pharmaceutical Automation Boosting Productivity and Accelerating Production Timelines”
Robotic technology is projected to transform the pharmaceutical sector while addressing several challenges. Moreover, the rising need for increased consistency and accuracy in multiple tasks, including drug dispensing, compounding, and formulation is forecasted to positively influence opportunities for players.
Robots with advanced programming and sensors can perform tasks in the pharmaceutical sector with minimal human errors, ensuring patient safety and product quality. Integration of robotics in the pharmaceutical sector is anticipated to optimize resources and accelerate production timelines to streamline operations. Pharmacy automation helps achieve increased productivity levels.
Incorporation of pharmaceutical automated systems helps in maintaining controlled and sterile environments and also minimizes the risks of cross-contamination.
Which Factors are Restraining the Demand Growth for Pharmaceutical Robots to Some Extent?
“Challenges Related to Integration of Pharmaceutical Robots with Existing Systems”
Integration of advanced pharmaceutical robots into current systems and production lines creates time-consuming and complex challenges. Process synchronization, software integration, and compatibility issues are predicted to pose hurdles during implementation. They cause delays in the adoption of advanced robotic solutions.
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What Initiatives are Start-ups Taking to Stand Out in the Market?
“Investments in Development of Robots Designed for Tailored Pharmaceutical Services”
In recent years, there has been a significant increase in the need for personalized medicines. Robotic systems are used for the packaging of medications with customized doses. Start-ups need to invest in the development of pharmaceutical robots that can assist in tailored pharmaceutical services.
Country-wise Insights
Asia Pacific held 70% of the global pharmaceutical robot market share in 2022 owing to the presence of many local pharmaceutical companies in regional markets, including Japan. Further, North America is also predicted to create noteworthy revenue streams because of increasing robot installations in the region’s pharmaceutical industry.
What is Contributing to Increased Demand for Pharmaceutical Robots in the United States?
“Market Benefitting from Wide Availability of AI Expertise”
Sales of pharmaceutical robots in the United States reached US$ 61.5 million in 2022. This growth is attributed to advancements taking place in technology along with the availability of various artificial intelligence experts and skilled engineers. In addition, rising investments in R&D activities for product advancements are also driving opportunities for players.
What Opportunities Do China and Japan Present for Pharmaceutical Robot Suppliers?
“Increasing Deployment of Pharmaceutical Robots Leading to Cost Benefits”
Sales of pharmaceutical robots in China are predicted to increase at a CAGR of 6.2% and reach a valuation of US$ 60.8 million by 2033-end. Furthermore, the Japanese market is forecasted to advance at a 5.5% CAGR from 2023 to 2033.
Increasing need for automation in the pharmaceutical industry is contributing to the sales of robots. Moreover, the deployment of pharmaceutical robots is predicted to minimize the chances of errors occurring because of human intervention. Deployment of pharmacy automation is anticipated to result in immediate price reduction in human labor and reduced cost of manufacturing. Presence of several prominent pharmaceutical companies with large production facilities in China and Japan is projected to contribute to global pharmaceutical robot market expansion.
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Category-wise Insights
Demand for pharmaceutical robots for picking & packaging applications accounted for 55.1% share of the revenue stream in 2022 due to their efficiency and high precision. Sales of traditional robots held a 65.1% share of market revenue in 2022 because of their deployment for multiple applications, including sorting, cutting, and stacking.
What Makes Traditional Robots a Popular Choice among End Users?
“Adoption of Pharmaceutical Robots as Pocket-friendly Service Compared to Collaborative Robots”
Worldwide sales of traditional robots are projected to advance at a CAGR of 5% and reach a value of US$ 201.6 million by 2033, as per a study published by Fact.MR, a market research and competitive intelligence provider. Rising adoption of traditional robots in inspection, picking & packing, material handling, etc., is projected to contribute to revenue streams. These robots held 65.1% share of the global market revenue in 2022.
Authentication, cleanliness, and high precision are some key standards of the pharmaceutical sector that are prompting the adoption of traditional robots. Moreover, they are accepted as economical solutions compared to collaborative robots.
Which Application of Pharmaceutical Robots Holds a Dominant Market Share?
“Efficient Tracking and Fast Speed of Pharmaceutical Robots Fueling Their Demand for Picking & Packaging”
Based on application, a significant share of the demand for pharmaceutical robots is projected to come from the picking & packaging industry. In 2022, demand for pharmaceutical robot systems in picking & packaging held a 55% share of the global market revenue.
Growing sales of pharmaceutical robots can be attributed to the rising demand for customized packaging and its associated benefits, such as optimal floor space utilization, efficient tracking, and high speed. Traditional robotic technologies are predominantly employed for picking and packaging purposes. The four-axis SCARA robot is one recent innovation from the picking & packaging segment. The higher accuracy and speed of robots are leading to their increased application in pick-and-place services.
Market Competition
Manufacturers of pharmaceutical robots are incorporating strategies to acquire a competitive edge, including new developments, ensuring quality control of products, management of supply chain systems, etc. Pharmaceutical robot market players are developing more advanced analytical products to extend offerings. They are also concentrating on product launches, technology collaborations, alliances, etc.
For instance:
- Jianjia Robots, in September 2021, raised a significant amount to complete clinical registration for the development of joint replacement surgical robots of the company.
- ABB, in February 2021, introduced two new additions to its robot line. The firm is predicted to depend on collaborative robots for automation in the pharmaceutical industry.
ABB Ltd., Denso Wave Inc., Universal Robots A/S, Denso Corporation, Epson India Pvt. Ltd., Kawasaki Heavy Industries Ltd., FANUC Corporation, Mitsubishi Electric Corporation, Marchesini Group S.p.A., Seiko Epson Corporation, Transcriptic Inc., Shibuya Corporation, Yaskawa Electric Corporation, and KUKA AG are top players in the pharmaceutical robot market.
Segmentation of Pharmaceutical Robot Market Research
-
By Type :
- Traditional Robots
- Collaborative Robots
-
By Application :
- Picking & Packaging
- Drugs Inspection
- Laboratories
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 9.1. Traditional Robots
- 9.2. Collaborative Robots
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 10.1. Picking & Packaging
- 10.2. Drugs Inspection
- 10.3. Laboratories
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. ABB Ltd.
- 21.2. Universal Robots A/S
- 21.3. Denso Wave Inc.
- 21.4. KUKA AG
- 21.5. Denso Corporation
- 21.6. Epson India Pvt. Ltd.
- 21.7. FANUC Corporation
- 21.8. Mitsubishi Electric Corporation
- 21.9. Marchesini Group S.p.A.
- 21.10. Seiko Epson Corporation
- 21.11. Transcriptic Inc.
- 21.12. Shibuya Corporation
- 21.13. Yaskawa Electric Corporation
- 21.14. Kawasaki Heavy Industries Ltd.
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Application, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2023 (E)
Figure 18: North America Market Value Share, By Application, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2023 (E)
Figure 26: Latin America Market Value Share, By Application, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2023 (E)
Figure 34: Europe Market Value Share, By Application, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2023 (E)
Figure 42: South Asia Market Value Share, By Application, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2023 (E)
Figure 50: East Asia Market Value Share, By Application, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2023 (E)
Figure 58: Oceania Market Value Share, By Application, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Type, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By Application, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2023 (E)
Figure 78: Canada Market Value Share, By Application, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2023 (E)
Figure 81: Mexico Market Value Share, By Application, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2023 (E)
Figure 84: Brazil Market Value Share, By Application, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Type, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Application, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2023 (E)
Figure 90: Germany Market Value Share, By Application, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2023 (E)
Figure 93: France Market Value Share, By Application, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2023 (E)
Figure 96: Italy Market Value Share, By Application, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2023 (E)
Figure 99: Spain Market Value Share, By Application, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2023 (E)
Figure 102: Russia Market Value Share, By Application, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2023 (E)
Figure 105: China Market Value Share, By Application, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2023 (E)
Figure 108: Japan Market Value Share, By Application, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2023 (E)
Figure 111: South Korea Market Value Share, By Application, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2023 (E)
Figure 114: India Market Value Share, By Application, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2023 (E)
Figure 117: ASEAN Market Value Share, By Application, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2023 (E)
Figure 120: Australia Market Value Share, By Application, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2023 (E)
Figure 123: New Zealand Market Value Share, By Application, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2023 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2023 (E)
Figure 129: Turkey Market Value Share, By Application, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2023 (E)
Figure 132: South Africa Market Value Share, By Application, 2023 (E)
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Competitive landscape highlights only certain players
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- FAQs -
What was the value of the pharmaceutical robot market in 2022?
The global pharmaceutical robot market reached US$ 211 million in 2022.
What was the sales value of pharmaceutical robots in the United States market in 2022?
Sales of pharmaceutical robots in the United States were pegged at US$ 61.5 million in 2022.
How big is the pharmaceutical robot market in 2023?
The market for pharmaceutical robots is estimated at US$ 225.2 million in 2023.
What is the sales growth projection for pharmaceutical robots from 2023 to 2033?
Worldwide sales of pharmaceutical robots are predicted to rise at a CAGR of 6.7% through 2033.
What valuation is the global market estimated to reach by 2033?
The market is forecasted to reach US$ 431 million by the end of 2033.
What is the demand growth projection for traditional robots?
Demand for traditional robots is projected to increase at a CAGR of 5% through 2033.
What is the future of robots in the pharmaceutical industry?
Robots play a pivotal role in discovering and manufacturing different types of drugs and health products with increased sustainability.
Pharmaceutical Robot Market