Published by Coherent Market Insights
Posted on September 22, 2021
Pharmaceutical Robots Market Report 2021-2027 includes a comprehensive analysis of the present Market. The report starts with the basic Pharmaceutical Robots industry overview and then goes into each and every detail.
Pharmaceutical Robots Market Report contains in depth information major manufacturers, opportunities, challenges, and industry trends and their impact on the market forecast. Pharmaceutical Robots also provides data about the company and its operations. This report also provides information on the Pricing Strategy, Brand Strategy, Target Client, Distributors/Traders List offered by the company.
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The main role of the pharmaceutical sector is production and manufacture of medicines. All the pharmaceutical products are made by the help of new and advanced technologies. These technologies have made the tasks much easier and fast than before. Nowadays, most of the tasks related to pharmaceuticals are done at a computerized platform and most of the pharmaceuticals factories or plants use computers for all the tasks relating to manufacture and production of medicines.
The robots are mainly used in the pharmaceutical industry for drug manufacturing and packaging processes are the automated robots. These robots usually composed of a motor, actuator, computerized device, lens camera, and many other robot tooling. The robotic product in pharmaceutical manufacturing industry has many advantages. Robotic robots are mostly 3 or more times efficient than the human workers and hence they are able to work 24 hours a day.
Key Market Drivers:
Increasing funding for R&D in robots for pharmaceutical manufacturing is expected to propel growth of the global pharmaceutical robots market over the forecast period. For instance, in July 2021, Covariant, an AI Robotics company, raised US$ 80 million in Series C funding for investment in R&D and global expansion.
Moreover, launch of automated drug dispensing machines is also expected to aid in growth of the global pharmaceutical robots market over the forecast period. For instance, in February 2021, Omnicell launched the Medimat robot for automating the dispensing of medicines in community pharmacies.
Key Market Restraints:
High initial investment in adoption of automation in the pharmaceutical sector is expected to limit growth of the global pharmaceutical robots market.
Covid-19 Impact Analysis
Emergence of Covid-19 has led to labor shortage in many regions. In United States of America, from 3 January 2020 to 6:11pm CEST, 12 August 2021, there have been 35,957,692 confirmed cases of COVID-19 with 613,647 deaths, reported to WHO. In August 2021, Pfizer, Moderna, and Alnylam reported having trouble recruiting talent. Such scenario are expected to boost adoption of pharmaceutical automation, offering lucrative growth opportunities for players in the pharmaceutical robots market.
Key Takeaways
The pharmaceutical robots market is expected to exhibit a CAGR of XX % over the forecast period, owing to increasing production of vaccines. Many countries have witnessed a surge in production of vaccines. As of 8 August 2021, a total of 353,040,395 vaccine doses have been administered.
Among regions, Europe is expected to witness significant growth in the pharmaceutical robots market, owing to increasing investment in automation for biologics. For instance, in July 2021, UK consortium consisting of BiologIC Technologies, Biopharm Services, CPI, Pall Corporation, and SCIEX launched a £3.1 million project to advance automation for biologics.
Top Key Players Include In Pharmaceutical Robots Market: Kawasaki Heavy Industries, Ltd., FANUC Corporation, Mitsubishi Electric Corporation, ABB Ltd., Seiko Epson Corporation, Universal Robots A/S, Yaskawa Electric Corporation, Marchesini Group S.p.A., and Midea Group Co.
Get This premium report with Instant US$ 2000 discount @ https://www.coherentmarketinsights.com/promo/buynow/1341
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
The post Pharmaceutical Robots Market 2021 Booming Segments; Investors Seeking Stunning Growth appeared first on Gatorledger.
Pharmaceutical Robots Market Report 2021-2027 includes a comprehensive analysis of the present Market. The report starts with the basic Pharmaceutical Robots industry overview and then goes into each and every detail.
Pharmaceutical Robots Market Report contains in depth information major manufacturers, opportunities, challenges, and industry trends and their impact on the market forecast. Pharmaceutical Robots also provides data about the company and its operations. This report also provides information on the Pricing Strategy, Brand Strategy, Target Client, Distributors/Traders List offered by the company.
Click Here To Get Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/1341
The main role of the pharmaceutical sector is production and manufacture of medicines. All the pharmaceutical products are made by the help of new and advanced technologies. These technologies have made the tasks much easier and fast than before. Nowadays, most of the tasks related to pharmaceuticals are done at a computerized platform and most of the pharmaceuticals factories or plants use computers for all the tasks relating to manufacture and production of medicines.
The robots are mainly used in the pharmaceutical industry for drug manufacturing and packaging processes are the automated robots. These robots usually composed of a motor, actuator, computerized device, lens camera, and many other robot tooling. The robotic product in pharmaceutical manufacturing industry has many advantages. Robotic robots are mostly 3 or more times efficient than the human workers and hence they are able to work 24 hours a day.
Key Market Drivers:
Increasing funding for R&D in robots for pharmaceutical manufacturing is expected to propel growth of the global pharmaceutical robots market over the forecast period. For instance, in July 2021, Covariant, an AI Robotics company, raised US$ 80 million in Series C funding for investment in R&D and global expansion.
Moreover, launch of automated drug dispensing machines is also expected to aid in growth of the global pharmaceutical robots market over the forecast period. For instance, in February 2021, Omnicell launched the Medimat robot for automating the dispensing of medicines in community pharmacies.
Key Market Restraints:
High initial investment in adoption of automation in the pharmaceutical sector is expected to limit growth of the global pharmaceutical robots market.
Covid-19 Impact Analysis
Emergence of Covid-19 has led to labor shortage in many regions. In United States of America, from 3 January 2020 to 6:11pm CEST, 12 August 2021, there have been 35,957,692 confirmed cases of COVID-19 with 613,647 deaths, reported to WHO. In August 2021, Pfizer, Moderna, and Alnylam reported having trouble recruiting talent. Such scenario are expected to boost adoption of pharmaceutical automation, offering lucrative growth opportunities for players in the pharmaceutical robots market.
Key Takeaways
The pharmaceutical robots market is expected to exhibit a CAGR of XX % over the forecast period, owing to increasing production of vaccines. Many countries have witnessed a surge in production of vaccines. As of 8 August 2021, a total of 353,040,395 vaccine doses have been administered.
Among regions, Europe is expected to witness significant growth in the pharmaceutical robots market, owing to increasing investment in automation for biologics. For instance, in July 2021, UK consortium consisting of BiologIC Technologies, Biopharm Services, CPI, Pall Corporation, and SCIEX launched a £3.1 million project to advance automation for biologics.
Top Key Players Include In Pharmaceutical Robots Market: Kawasaki Heavy Industries, Ltd., FANUC Corporation, Mitsubishi Electric Corporation, ABB Ltd., Seiko Epson Corporation, Universal Robots A/S, Yaskawa Electric Corporation, Marchesini Group S.p.A., and Midea Group Co.
Get This premium report with Instant US$ 2000 discount @ https://www.coherentmarketinsights.com/promo/buynow/1341
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
The post Pharmaceutical Robots Market 2021 Booming Segments; Investors Seeking Stunning Growth appeared first on Gatorledger.
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