Pharmaceutical Robots Market Growth, Segment Forecast With DENSO, KUKA AG, Krones AG, ABB, Robert Bosch GmbH, Mitsubishi Electric Corporation And Other
Pharmaceutical Robots Market accounted to USD 65.3 million and growing at a CAGR of 13.0% during the forecast period. The report includes market shares of pharmaceutical robots market for global, Europe, North America, Asia Pacific and South America (Current Year Statistic Will Be Provided in Report).
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- Krones AG
- Remtec Automation, LLC
- KUKA Aktiengesellschaft
- Robert Bosch GmbH
- Kawasaki Heavy Industries, Ltd.
- DENSO CORPORATION
- Universal Robots A/S
- Mitsubishi Electric Corporation
- Seiko Epson Corporation
- Marchesini Group S.p.A.
- SHIBUYA CORPORATION
- YASKAWA ELECTRIC CORPORATION among others.
Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The pharmaceutical robots have advantages such as accurate and precise results are performed coupled with zero rates of error. The reception of robots in pharma has really been slacking different ventures for a few reasons. Right off the bat, not exclusively is there the high introductory cost of buying and utilizing robots, yet additionally the business is overflow with misperceptions that mechanical frameworks are excessively confused, making it impossible to utilize and require complex programming. Current frameworks have significantly expanded the capacity and adaptability of robots and specialists are presently anticipating that they could soon be urgent to pharmaceutical organizations in their capacity to decrease expenses and increment general proficiency.
Market Segmentation: Global Pharmaceutical Robots Market
- The traditional robot market is further sub segmented into
- Articulated robots
- Scara robots
- Delta robots
- Cartesian robots
- By application, the market is segmented into
- Picking and packaging
- Laboratory applications
- On the basis of geography, pharmaceutical robots market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
- Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
- North America is expected to dominate the market.
Major market drivers and restraints:
- Rising personalized packaging demand
- Error free operation in pharmaceutical industries
- Increased demand of robots for increased packaging efficiency
- Reduced operation cost
- High initial investment
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