According to Data Bridge Market Research new Market report “Global Pharmaceutical Robots Market
Type {Traditional Robots (Articulated Robots, SCARA Robots, Delta Robots, Cartesian Robots), Collaborative Robots};
Application (Picking and Packaging, Laboratory Applications);
Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
– Trends and Forecast to 2024”, the pharmaceutical robots market accounted to USD 65.3 million in 2016 growing at a CAGR of 13.0% during the forecast period of 2017 to 2024.
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Key Market Points : Global Pharmaceutical Robots Market
• Global pharmaceutical robots market is driven by the factor such as consistency, high speed and more cost-effective as compared to the manual labor.
• The growing competition in the pharmaceutical industry is forcing the drug manufacturers to find new ways to increase the manufacturing efficiency and bring high quality products at low cost, so robots are helping the pharmaceutical industries to achieve this.
• Other factors such as high efficiency in packaging processes, increased productivity, and greater flexibility as compared to other processes lead the market demand for pharmaceutical robots. However, few factors such as high initial cost of installing robots and complex programming requirement can hamper the growth of this market.
• North America holds the largest market for vascular stents followed by Europe whereas, APAC is expected to witness the highest CAGR during the forecast period due to the factors such as the growing population, increasing cardiovascular diseases, and adoption of advanced technologies.
Some of the major players operating in Pharmaceutical Robots market are
• Kawasaki Heavy Industries, Ltd.
• DENSO CORPORATION
• ABB
• Universal Robots A/S
• Mitsubishi Electric Corporation
• Seiko Epson Corporation, Marchesini Group S.p.A.
• SHIBUYA CORPORATION
• YASKAWA ELECTRIC CORPORATION
• Krones AG
• Remtec Automation, LLC
• KUKA Aktiengesellschaft
• Robert Bosch GmbH
• among others.

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Market Segmentation: Global Pharmaceutical Robots Market

The Global Pharmaceutical Robots Market is segmented on the basis of type and application.
Types
• Traditional Robots
o Articulated Robots
o SCARA Robots
o Delta Robots
o Cartesian Robots
• Collaborative Robots
Application
• Picking and Packaging
• Laboratory Applications
Global Pharmaceutical Robots Market – Geographical Segmentation:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
Competitive Landscape: Global Pharmaceutical Robots Market
The global pharmaceutical robots market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America pharmaceutical robots market.

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