Pharmaceutical Robots Market Share, Growth, Application, Production, Revenue & Forecast

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The overall pharmaceutical robotic systems marketis 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.

Benefits offered by robotic systems in pharmaceutical manufacturing is a key factor driving the growth of pharmaceutical robots market. The base year considered for the study is 2015, and the forecast has been provided for the period between 2016 and 2021.

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Pharmaceutical robotic systems market segmentation:

Based on type
based on application
Based on region
The Major Players Operating in the Pharmaceutical robotic systems market:

Key players in the Pharmaceutical Robots Market include 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). ...
... These players are increasingly undertaking marketing and promotions, expansions, agreements, alliances, collaborations, partnerships, product launches, acquisitions, product enhancements, market developments, funding, restructuration, and rebranding to develop and introduce new technologies and products in the market.

Geographical Detailed Analysis for Pharmaceutical robotic systems market:

The pharmaceutical robots market is divided into North America, Europe, Asia-Pacific, and the Rest of the World. In 2016, 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.

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) are the prominent players in the global pharmaceutical robots market.

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The following are the major objectives of the study.

To describe and forecast the pharmaceutical robotic systems market, in terms of value, by type, application, and region
To describe and forecast the pharmaceutical robotic systems market, by region–Asia Pacific (APAC), Europe, North America, and Rest of the World (RoW) along with their respective countries
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and challenges)
To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To study the complete value chain of pharmaceutical robotic systems
Major Market Developments

In 2016, Kawasaki opened a Tokyo Robot Center Showroom in Odaiba, Tokyo, Japan. The new facility offers robotics-related information.
In 2016, Yaskawa launched the MOTOMAN-MH5BM, a six-axis vertical articulated robot. The robot is ideal for sterile or hygienic environments such as the biomedical field, which includes drug discovery research, pharmaceutical and medical industry, as well as the beverage industry.
In 2016, FANUC collaborated with NVIDIA (U.S.) to implement Artificial Intelligence on the FANUC Intelligent Edge Link and Drive (FIELD) system. This is aimed to increase robotics productivity and bring new capabilities to automated factories across the globe. Moreover, the advances in artificial intelligence aim to allow robots to watch & learn, and improve its capabilities.
In 2016, Mitsubishi established two new Factory Automation (“FA”) centers in Italy and South Africa. With this expansion, the company aimed at expanding the FA product support network in Southern Europe and Africa, along with strengthening and accelerating local customer service.