Pharma Robots Market will Reach a Value of US$ 683.4 Million by 2032 at a CAGR of 15.2% | FMI

Pharmaceutical robot sales are anticipated to reach US$ 683.4 million by 2032, expanding at a pace of 15.2% yearly. Medication that is very accurate and devoid of contaminants is in high demand.

Lab automation is now widely used across many industries, including the pharmaceutical business, as a result of the fourth industrial revolution’s widespread embrace of automation. The demand for increased precision and accuracy in pharmaceutical manufacturing is another important reason for the expansion of the global market for pharmaceutical robots.

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In order 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. In order to help hospitals and other healthcare facilities deal with a shortage of pre-filled needles, a robot was created.

Key Takeaways from the Market Study 

  • The global Pharma Robots Market is expected to reach a market size of US$ 188.6 Mn by 2022.  
  • The Traditional Robots segment is expected to account for the highest CAGR of 14.5% during the forecast period. 
  • United States to remain the most dominant market with an absolute dollar growth opportunity of US$ 153.4 Mn during 2022 – 2032. 
  • The market in Japan is set to experience the highest CAGR of 16.1% during the 2022-2032 forecast period. 

“During the projected period, high dependence on robotics and automation in pharmaceutical companies could boost the demand for Pharma Robots in the future.” comments a Future Market Insights analyst.

Competitive Landscape 

The market is fiercely competitive, where key players are increasingly focused to obtain 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. 

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Market Segments Covered In Pharma Robots Market Analysis

By Product Type:

  • Traditional Robots
  • Articulated Pharmaceutical Robots
  • SCARA Pharmaceutical Robots
  • Delta Pharmaceutical Robots
  • Cartesian Pharmaceutical Robots
  • Dual-arm Pharmaceutical Robots
  • Collaborative Pharmaceutical Robots

By Application:

  • Robots for Pricking and Packaging
  • Robots for Inspection of Pharmaceutical Drugs
  • Robots for Laboratory Applications

By End-Use:

  • Robots for Pharmaceutical Companies
  • Robots for Laboratories Applications

By Region:

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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