The pharma robots market is poised for substantial growth, with a projected annual surge of 13.8% CAGR, catapulting its anticipated worth to an impressive US$ 683.4 million by the year 2032. This surge underscores the increasing integration of robotics in the pharmaceutical industry, where automation plays a pivotal role in enhancing efficiency, precision, and overall productivity. The escalating demand for advanced pharmaceutical manufacturing processes and the need for high-throughput solutions are key factors driving this robust growth.
As the industry continues to embrace technological advancements, the pharma robots market is positioned as a critical player in shaping the future of pharmaceutical production, promising innovative solutions and transformative outcomes for the global healthcare landscape.
To avoid drug overfill and minimize adulteration, Clemson University and Nephron Pharmaceuticals Corporation, for instance, have developed a tabletop robot that can fill, cap, and seal sterile pre-filled syringes. Syringe filling is still a highly controlled operation that requires specialist workers to complete in ISO-certified clean rooms in the absence of robots. To help hospitals and other healthcare facilities deal with a shortage of pre-filled needles, a robot was created.
Key Takeaways from the Pharma Robots Market Report:
The Pharma Robots Market is poised for significant growth, projected to reach a substantial market size of US$ 188.6 Million by 2022. Notably, the Traditional Robots segment is anticipated to exhibit the highest CAGR of 14.5% throughout the forecast period. The United States is positioned as the dominant market, presenting an absolute dollar growth opportunity of US$ 153.4 Million from 2022 to 2032. Meanwhile, Japan is anticipated to experience the highest CAGR of 16.1% during the same forecast period, emphasizing the global expansion and technological advancements within the Pharma Robots Market. These trends underscore the increasing importance and widespread adoption of robotic technologies in the pharmaceutical industry, with both traditional and emerging markets contributing to the sector’s remarkable growth.
Competitive Landscape:
The market is fiercely competitive, where key players are increasingly focused on obtaining a competitive advantage. The key companies in the Pharma Robots Market are focused on R&D to produce innovative technological solutions.
In December 2021, the Marchesini Group-Neri Division’s BL-A309 was displayed at FCE Pharma, a flexible solution for Print&Check and serialization processes that allow users to swiftly install all of the major pharmaceutical traceability devices on the market, from laser printers to ink-jet technologies.
In December 2021, Universal Robots launched a virtual pharma event, where managers, experts, and other professionals in the pharmaceutical and medical technology industries learned about the various possibilities that robots provide. Universal Robots can be promising in the pharmaceutical industry and are already generating a significant buzz in the market.
In May 2021, Fanuc augmented its SCARA robot line to provide more reach and payload alternatives to companies that are looking to automate assembly, packaging, pick-and-place, and inspection processes. New models with payload capacities of 3, 6, and 20 kg are SR-3iA, SR-6iA, SR-12iA, and SR-20iA. The reach of the models ranges from 400 to 1,000 mm.
Leading Key Players:
ABB Ltd., Universal Robots, Kawasaki Heavy Industries Ltd., Yaskawa Electric Corporation, FANUC America Corporation, Marchesini Group S.P.A, Seiko Epson Corporation, Denso Wave Incorporation, Jianjia Robots
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